|Bid||0.00 x 900|
|Ask||0.00 x 1400|
|Day's Range||61.92 - 62.78|
|52 Week Range||57.63 - 83.38|
|PE Ratio (TTM)||36.41|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||2.42 (3.71%)|
|1y Target Est||69.97|
Vistra Energy Corp (VST.N) and Dominion Energy Inc (D.N) – which serve about 5.5 million electricity customers in more than a dozen U.S. states – both say they are done building combined-cycle natural gas-fired power plants. Instead, they are building large solar plants, which offer plentiful and inexpensive electricity. This bearish view of fossil-fuel energy, reflective of a growing acceptance by utilities of renewable power sources, poses a hurdle to John Flannery's plan to turn around General Electric Co's (GE.N) $35 billion-a-year power unit.
Alliant Energy is one of the companies that can help improve your portfolio income through large dividend payouts. Great dividend payers create a safe bet to increase investors’ portfolio valueRead More...
Lined up for monitoring are these four equities: Duke Energy Corp. (NYSE: DUK), CMS Energy Corp. (NYSE: CMS), Edison International (NYSE: EIX), and Enel Americas S.A. (NYSE: ENIA). Charlotte, North Carolina headquartered Duke Energy Corp.'s stock finished Thursday's session 0.67% higher at $78.16.
California regulators Wednesday approved a historic plan to mandate rooftop solar panels on most new single-family homes built in the state. The California Energy Commission's action is expected to add on average about $9,500 to the cost of building new houses. The solar mandate, which goes into effect in 2020, received the support of homebuilder and solar trade associations as well as several large utilities.
On a per-share basis, the Rosemead, California-based company said it had profit of 67 cents. Earnings, adjusted for non-recurring costs, came to 80 cents per share. The results did not meet Wall Street ...
Edison International today reported first quarter 2018 net income of $218 million, or $0.67 per share, compared to net income of $362 million, or $1.11 per share, in the first quarter 2017.
Edison International (NYSE:EIX) saw a decent share price growth in the teens level on the NYSE over the last few months. With many analysts covering the large-cap stock, we mayRead More...
PG&E (PCG) stock is currently trading at a large discount to its peers as well as its historical average. Its PE (price-to-earnings) multiple is 13.3x, while its five-year historical average is 21.0x.
California’s once-largest utility, PG&E (PCG), has a potential upside of 6% for the next year. Wall Street analysts have given it a mean price target of $48.90 against its current market price of $46.30. According to the Wall Street analyst consensus, Sempra Energy (SRE) stock has a mean price target of $120.10 against its current market price of $109.90, which suggests an estimated upside of 9.3% for the next 12 months.
According to the National Weather Service, cities across Southern California Edison’s service territory experienced similar record-breaking heat. Temperatures across the globe are rising due to climate change and GHG emissions. According to the Environmental Protection Agency, “Greenhouse gases from human activities are the most significant driver of observed climate change since the mid-20th century.” Climate change and its impacts is one of the reasons SCE has been making the move toward more renewable energy sources, such as solar and battery storage.
Utility giants PG&E Corp. and Edison International could gain at least some protection against future wildfire damages under a bill that’s advancing in California’s legislature.
Sempra Energy’s (SRE) payout ratio in 2017 was close to 73%, fairly high compared to its five-year average payout ratio of ~59%.
Sempra Energy (SRE) is expected to pay an annualized dividend of $3.58 per share in 2018. In comparison, Edison International (EIX) will likely pay an annualized dividend of $2.42 per share this year. Analysts expect Sempra Energy’s per-share dividend growth to remain at ~9% for the next few years.
Sempra Energy (SRE), one of the leading utilities in California, declared a dividend of $0.90 per share in 1Q18, which represented a 9% increase over the previous quarter. This was Sempra Energy’s eighth consecutive annual per-share dividend increase. Sempra Energy is currently trading at a dividend yield of 3.3%—well below the industry average.
PG&E (PCG) stock has an estimated upside of approximately 8% for the next one year. It has a mean price target of $48.4 against its current market price of $44.8. Of the total 15 analysts tracking PCG, four analysts recommend it as a “buy,” while ten recommend it as a “hold.” One analyst rates it as a “strong sell” as of April 12, 2018. J.P. Morgan raised PCG’s price target from $50.0 to $51.0 on April 10, 2018. The chart below shows how analysts’ views on PCG stock have changed in the last few months.
Investors pursuing a solid, dependable stock investment can often be led to Edison International (NYSE:EIX), a large-cap worth US$20.48B. Market participants who are conscious of risk tend to search forRead More...
On April 11, 2018, the implied volatility in PG&E (PCG) stock was 31%, close to its 15-day average. PG&E’s implied volatility in September 2017, before the California wildfires, was close to 15%, which was near broader utilities’ average. Higher implied volatility levels indicate investors’ increased nervousness. Higher implied volatility is often linked to a fall in stock prices and vice versa.
PG&E (PCG) stock appears to be trading at a substantial discount to peers as well as its historical average. It’s currently trading at a PE (price-to-earnings) valuation of 13x, while its five-year historical average valuation is about 21x. PCG’s discounted valuation seems apparent after its steep fall in the last six months.
PG&E (PCG) stock has risen more than 20% from its 52-week low in February 2018. The uncertainty arising due to the liability damages might continue to affect PCG stock in the short term. PG&E stock is currently trading 7% above its 50-day moving average and 19% lower than its 200-day moving average.
Moody's Investors Service, ("Moody's") today revised the rating outlook for Edison International (EIX) and its principal subsidiary, Southern California Edison Company's (SCE), to negative from ...