|Bid||0.00 x 800|
|Ask||0.00 x 4000|
|Day's Range||38.69 - 39.67|
|52 Week Range||29.34 - 39.67|
|Beta (3Y Monthly)||0.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2019 - Feb 22, 2019|
|Forward Dividend & Yield||1.52 (3.87%)|
|1y Target Est||40.34|
MORRISTOWN, N.J. , Dec. 10, 2018 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for Jersey Central Power & Light (JCP&L) customers who need help ...
WILLIAMSPORT, Md., Dec. 10, 2018 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for eligible Potomac Edison customers who need help with winter heating bills. Assistance to qualifying customers is available through the Community Energy Fund, the Maryland Energy Assistance Program, the Electric Universal Service Program, and the Utility Service Protection Program. The Community Energy Fund is a needs-based program providing assistance to qualifying residential customers who need emergency help paying their electric bill.
AKRON, Ohio , Dec. 10, 2018 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for FirstEnergy Corp. (NYSE: FE) customers in Ohio who need help with ...
GREENSBURG, Pa., Dec. 10, 2018 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for FirstEnergy Corp. (FE) customers in Pennsylvania who need help with winter heating bills. FirstEnergy's Pennsylvania utilities include Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec), West Penn Power and Pennsylvania Power (Penn Power).
FAIRMONT, W.Va. , Dec. 10, 2018 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for FirstEnergy (NYSE: FE) customers in West Virginia who need help ...
Before we spend many hours researching a company, we’d like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of […]
In fact, according to CNBC, the only S&P 500 sector to ring positive on a 52-week intraday high basis are utility stocks. On the other hand, utilities represent some of the best stocks to invest in at this juncture. Another factor that has lifted utility stocks is bad weather.
AKRON, Ohio, Dec. 4, 2018 /PRNewswire/ -- Executives from FirstEnergy Corp. (FE) will ring The Closing Bell at the New York Stock Exchange on Tuesday, December 4, to celebrate the company's transition to a fully regulated utility. "Over the last few years, we have worked to transform FirstEnergy into a premier, customer-focused, fully regulated utility," said James F. Pearson, FirstEnergy's executive vice president of Finance. "We are honored to have this opportunity to ring the closing bell at the New York Stock Exchange and we look forward to a bright future for our investors, customers and employees," he said.
Contest Invites Customers to Share Their Best and Brightest Holiday Displays AKRON, Ohio , Dec. 3, 2018 /PRNewswire/ -- Twinkling lights and illuminated decorations help add magic to the holidays. FirstEnergy ...
As we approach the end of 2018, let’s take a look at the top gains and losses among utilities. AES (AES), one of the smallest components of the Utilities ETF (XLU), has gained more than 40% in 2018. Better-than-expected quarterly earnings prompted AES’s market performance in 2018.
Corp. filed a lawsuit against FirstEnergy Solutions Corp. in an attempt to hold the bankrupt power generation business to a $140 million asset sale that is being held up by creditors. The complaint, filed late Monday in the U.S. Bankruptcy Court in Akron, Ohio, suggests that Exelon’s proposal to purchase FES’s retail power business could fall apart. FES, FirstEnergy Corp.’s power-generation subsidiary, agreed in July to sell its retail power business to Exelon for $140 million, assuming no other bidder came forward with a superior offer.
Zilvinas Mecelis‘ Covalis Capital is an employee-owned, London, United Kingdom-based hedge fund launched in May 2012, with offices in New York and George Town. Its Chief Investment Officer is Zilvinas (Zach) Mecelis, who was also one of its five launching partners, alongside Toby Mitchell, Jakob Moberg, Peter Murphy, and Rolanas Stikovas. The 38-year-old Mr. Mecelis […]
Let’s take a look at the valuations of some of the top-rallying utility stocks in 2018. AES (AES), one of the top gainers among the S&P 500 Utilities in 2018, is trading at a forward PE multiple of 11.5x based on its estimated EPS for 2019. In comparison, the peer average forward PE multiple is over 17x. AES’s five-year historical average PE multiple is also higher than its current multiple. AES looks to be trading at a discounted valuation compared to its peers and its historical average.
Analysts’ median target price for PPL (PPL) stock is $31.46, implying a 12-month upside of 2.7% based on its current market price of $30.64. Of the 15 Reuters-surveyed analysts tracking PPL stock, eight recommend “hold,” two recommend “strong buy,” four recommend “buy,” and one recommends “sell.” The chart below shows how analysts’ views on PPL stock have changed over the last few months.
PPL (PPL) stock is trading at a forward PE multiple of 12.6x based on its 2019 earnings, notably lower than peers and its five-year historical valuation of ~14.0x. PPL stock has been weak and has fallen more than 15% over the last year. In comparison, utilities have fallen 3% overall.