|Bid||83.420 x 800|
|Ask||83.500 x 800|
|Day's Range||83.295 - 84.410|
|52 Week Range||71.950 - 87.950|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||51.03|
|Earnings Date||Oct 31, 2018|
|Forward Dividend & Yield||3.56 (4.23%)|
|1y Target Est||87.97|
Two Houston-based power companies and their subsidiaries are among the biggest spenders at the Texas state level for lobbying efforts so far in 2018, according to data from the Texas Ethics Commission. For instance, Houston-based power utility CenterPoint Energy Inc. (NYSE: CNP) has paid 20 lobbyists this year, which means it paid cumulatively between $1.36 million and $2.68 million. The median of CenterPoint’s spending range is the second highest out of any organization that lobbied in Texas, according to the TEC data.
ETR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com.
As of October 17, Reuters compiled data from 19 analysts tracking American Electric Power Company (AEP) stock. Five analysts recommended a “strong buy,” nine recommended a “buy,” and five recommended a “hold.” None of the analysts recommended a “sell.”
American Electric Power Company’s (AEP) EV-to-EBITDA multiple is 11.1x. The company’s five-year average EV-to-EBITDA multiple is 9.6x. Currently, American Electric Power is trading at a premium of 15.6% to its historical average.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on October 12. ETR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.
As of September 26, Reuters has compiled data from 20 analysts tracking Exelon (EXC) stock. Five have rated EXC as a “strong buy,” and nine have rated it as a “buy.” The rest have rated the stock as a “hold.” No analysts have rated EXC as a “sell.”
On September 26, Exelon (EXC) was trading at a dividend yield of 3.3%. At that level, it’s 20 basis points below the Utilities Select Sector SPDR ETF’s (XLU) yield.
Exelon’s (EXC) EV-to-EBITDA (enterprise value-to-EBITDA) multiple is 7.57x. The five-year average EV-to-EBITDA multiple for EXC is 7.35x. Currently, EXC is trading at a small premium to its historical average.
NEW ORLEANS , Sept. 26, 2018 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) Chairman and Chief Executive Officer Leo Denault plans to provide a presentation as part of a panel discussion on Wednesday, ...
As of July 2017, the plant was expected to break ground in the first quarter of 2019 and be completed by summer 2021.
At this time the amendments, in and of themselves, will not result in any change to the credit quality of the program's CP. Entergy Corporation's subsidiaries have amended their existing River Fuel commercial paper programs -- River Fuel Trust #1, River Fuel Company #2, Inc., and River Fuel Funding Company #3, Inc. (together, River Fuel programs). The River Fuel programs are structured as revolving credit facilities and the commercial paper (CP) notes issued by the programs are supported by irrevocable letters of credit (LOC) provided by Prime-1(cr) Bank of Nova Scotia (BNS).
According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a median target price of $39.1. The stock’s current market price is $36.90, which indicates a potential upside of 6% over the next 12 months.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on September 18. Over the last month, growth of ETFs holding ETR is favorable, with net inflows of $17.14 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ETR credit default swap spreads are within the middle of their range for the last three years. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on August 7. ETR credit default swap spreads are within the middle of their range for the last three years.
Entergy's (ETR) steadfast focus on investment in growth projects along with stable liquidity position enables the company to devise profitable investment plans.
NextEra Energy (NEE), the most rallied stock among the top utilities, offers an estimated upside of 2% for the next 12 months. UBS raised its target price from $189.0 to $195.0 last week. Renewables titan NextEra Energy stock seems to be analysts’ favorite. Among the 18 analysts covering NextEra Energy, ~78% have a “buy” recommendation and no analysts have a “sell” recommendation as of August 27.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on August 7. Over the last month, growth of ETFs holding ETR is favorable, with net inflows of $12.67 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
According to its latest 13F filing, the Vanguard Group increased its stake in Entergy Corporation (ETR) to 11.9% on June 30. The Vanguard Grop held more than 21.4 million shares of Entergy’s total outstanding shares. BlackRock Institutional Trust marginally lowered its stake to 6.8% in ETR during the second quarter.
The only name of consequence that headed meaningfully higher was DISH Network (NASDAQ:DISH), up 14.5% in response to its second-quarter report. Heading into the new trading week, those appear to be Entergy (NYSE:ETR), Incyte (NASDAQ:INCY) and SL Green Realty (NYSE:SLG). When Entergy reported better-than-expected second-quarter earnings last week, the stock jumped.