|Bid||159.44 x 800|
|Ask||159.53 x 800|
|Day's Range||159.21 - 160.31|
|52 Week Range||138.00 - 166.62|
|PE Ratio (TTM)||9.22|
|Forward Dividend & Yield||4.44 (2.78%)|
|1y Target Est||N/A|
Communications giant AT&T is going green after tapping NextEra Energy Resources to build a 300-megawatt wind farm near Laredo.
NextEra Energy Partners LP is about to celebrate its fourth anniversary as a publicly traded company. It's already doubled investors' money.
Diversification is important in investing, but this utility has learned some valuable new tricks that make it a one-stop power shop.
Moody's Investors Service (Moody's) lowered Terra-Gen Finance Company, LLC's (TGF) senior secured credit facilities, consisting of an outstanding $273 million 7-year senior secured Term Loan B due December 2021 and a $25 million working capital facility due December 2019, to B2 from B1. The rating downgrade to B2 from B1 reflects the deteriorating quality of TGF's asset base relative to the size of its debt load, contributing to heightened refinancing risk upon the term loan's maturity in 2021. While certain aspects of the portfolio may demonstrate improvement from previous levels, TGF's funds from operations (FFO) is anticipated to remain weak, limiting the potential for significant future debt reduction.
Moody's Investors Service ("Moody's") upgraded Berkshire Gas Company's (Berkshire) Issuer Rating to A3 from Baa1. The rating outlook for BGC remains positive. Contemporaneously, Moody's affirmed ...
Combined, they offer over 24 gigawatts of renewable energy capacity. They pay dividends close to 3%. Which is the better buy right now?
Minnesota-based Xcel Energy (XEL) is one of the leading rate-regulated power companies among the S&P 500 Utilities. It declared a quarterly dividend of $0.38 per share on May 16. The ex-dividend date is June 14, and the dividend will be paid on July 20.
The average residential customer of Duke Energy (DUK) in North Carolina will witness a decline in his/her monthly bill by $1.
Important news for shareholders and potential investors in NextEra Energy Inc (NYSE:NEE): The dividend payment of $1.11 per share will be distributed into shareholder on 15 June 2018, and theRead More...
Based on analysts’ 12-month mean target price of $72.10, Dominion Energy (D) stock has an upside of ~12% to its current market price of $64. Of the 14 analysts tracking Dominion Energy on May 25, two recommended “strong buy,” one recommended “buy,” and 11 recommended “hold.”
In the last year, Dominion Energy (D) has returned around -16%, while peers Duke Energy (DUK) and Southern Company (SO) have returned around -8%. Meanwhile, renewables giant NextEra Energy (NEE) has returned 16%, beating broader utilities by a big margin. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities, has returned -2% and broader markets have returned 15%. Total returns consider both capital appreciation and dividends paid.
Florida-based utility giant NextEra Energy (NEE) stock has a potential upside of 5.2% going forward. NextEra Energy has a mean target price of $170.8. Currently, NextEra Energy is trading at $162.4.
The biggest constituent of the S&P 500 Utilities Index, NextEra Energy (NEE) is trading at a PE multiple just above 13x—lower compared to its five-year historical average. NextEra Energy is trading at an EV-to-EBITDA valuation multiple of 15.0x—compared to its five-year historical average of ~12.0x. NextEra Energy stock seems to be trading at a discount to its historical average.
US utility stocks witnessed a notable surge after Treasury yields trended lower last week. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, soared more than 3%, while broader markets rose marginally during the week. The ten-year Treasury yields, which act as a barometer for mortgage rates, fell from 3.1% to 2.9% during the week. Treasury yields and utility stocks usually trade inversely to each other.
Dominion Energy (D), the fourth-largest utility by market capitalization in the S&P 500 Utilities (XLU), is trading at a PE multiple of 20x, at a large discount to its five-year average of 24x. Peer Duke Energy (DUK), the second-largest utility, is currently trading at a PE multiple of 21x.
Uncertainties regarding Dominion Energy’s (D) merger with SCANA (SCG) and the FERC’s (Federal Energy Regulatory Commission) policy revision have weighed on Dominion stock this year, and higher first-quarter earnings failed to boost Dominion Energy stock. So far this year, it has fallen more than 20%, while broader utilities (XLU) have fallen ~4%. Dominion Energy looks like it may stay weak in the near future considering its moving averages.
For the last 12 months, Southern Company’s (SO) payout ratio was ~76%, while Duke Energy’s (DUK) ratio was close to 97%. The ratio indicates the portion of total earnings given away by a company as dividends to shareholders. These huge payout ratios aren’t unusual among utilities (XLU). Generally, utilities pay a large portion of their earnings as dividends.
Southern Company (SO) and Duke Energy’s (DUK) earnings are expected to increase ~4%–6% annually for the next few years—in line with the industry average. As a result, their annual dividend per share growth is expected to be close to this level.
NextEra Energy (NEE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In a somewhat surprising move, Southern company decided to sell off assets worth billions of dollars in a bid to pay down a ballooning debt