30.36 -0.09 (-0.30%)
After hours: 7:27PM EDT
|Bid||30.10 x 1200|
|Ask||30.36 x 3200|
|Day's Range||30.20 - 30.63|
|52 Week Range||25.30 - 38.19|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||15.10|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||1.64 (5.42%)|
|1y Target Est||31.27|
If you've hit your retirement years then you should be thinking about generating reliable income. Here are three stocks that have you covered.
So far in 2018, FirstEnergy (FE) has outperformed peer utilities in terms of total returns. FirstEnergy has returned 28% based on stock appreciation and dividend payments. The company’s better-than-expected quarterly earnings and separation of relatively riskier competitive operations has influenced FirstEnergy’s market performance. Currently, FirstEnergy is trading at a dividend yield of 3.8%. The company is expected to pay an annualized dividend of $1.44 per share in 2018.
Brokerages seem to be bullish on FirstEnergy (FE). One of the top-rallied stocks among the S&P 500 Utilities, FirstEnergy received a target price increase from several brokerage houses. Mizuho Securities raised FirstEnergy’s target price from $36.5 to $39.5 on October 11.
ALLENTOWN, Pa., Oct. 11, 2018 /PRNewswire/ -- Electric service reliability for PPL Electric Utilities customers is ranked in the top 10 percent nationally and first in the Mid-Atlantic region, according to a key reliability measure from a national engineering association. "A combination of investments in smart grid technology, in upgrading power lines, poles and other equipment, and in comprehensive tree trimming and clearing have paved the way for this continued improvement," said PPL Electric Utilities President Greg Dudkin. "We continue to use technology to help us work smarter and more efficiently, whether it's using big data to help drive improvements or studying how best to approach the growing appetite for distributed energy resources like solar, the customer experience remains our focus.
Currently, Southern Company (SO) stock offers an upside potential of 3.5% from its current level of $43.92. Analysts have given Southern Company a median target price of $45.44.
At large, utilities rose ~2% last week despite the strength in Treasury yields. The benchmark ten-year Treasury yield closed at a multiyear high at 3.23% last week. In comparison, broader markets fell 1% during the week.
PPL (PPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The S&P 500 ended the day down 0.82%, which was better than its intraday loss, but still below some key support levels. The highly followed Advanced Micro Devices (NASDAQ:AMD) took a sizeable toll, not only falling 2.3%, but certainly inspiring the selling of other important technology names. Bank of America (NYSE:BAC) was up 1.4%, bouncing back with other banks, but their collective gains still weren’t enough to drag the broad market back into the black.
PPL (PPL) stock has a median target price of $31.27—compared to its current market price of $29.56, which indicates an estimated upside of ~6% for the next 12 months.
PPL (PPL), the top-yielding stock among the S&P 500 Utilities, has underperformed its peers in terms of total returns in 2018. PPL’s total returns were -1%, while broader utilities (XLU) have returned more than 2% year-to-date. NextEra Energy (NEE) has returned 10% during the same period. Total returns consider the dividend payments and stock appreciation during a particular period. So far, broader markets have returned 11% in 2018.
Currently, PPL (PPL) is trading at a dividend yield of 5.5%—one of the highest yields among the top utilities. The Utilities Select Sector SPDR ETF (XLU), which represents the S&P 500 Utilities, is trading at a yield of 3.5%. Southern Company (SO) stock also offers a dividend yield of 5.5%. To compare these top-yielding utility stocks, read SO and PPL: How These Top-Yielding Utilities Stack Up.
Utilities are seen as one of the least exciting sectors across broader markets mainly due to their slow stock movements. In this series, we’ll look at the S&P 500 Utilities stocks that have generated the highest total returns over the past five years. Renewables giant NextEra Energy (NEE) holds the top spot with a total return of 145% in the last five years.
Recently, utilities were weak, while benchmark Treasury yields peaked to a seven-year high. Similar weakness was witnessed in PPL (PPL) stock—one of the laggards among utilities this year. Currently, PPL is trading at $29.56, which is marginally above its 50-day moving average and 2% above its 200-day moving average. PPL’s 50-day moving average breaking above its 200-day moving average is called a “golden cross,” which is a bullish signal. PPL’s 200-day moving average level around $29.48 could act as a support for the stock going forward.
A look at the shareholders of PPL Corporation (NYSE:PPL) can tell us which group is most powerful. Institutions often own shares in more established companies, while it’s not unusual to Read More...
American Electric Power (AEP) continues to work on lowering emission. The company is likely to supply more renewable power to customers in Ohio.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PPL (PPL) have what it takes? Let's find out.
NEW YORK, Sept. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
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.
Utilities, one of the most vulnerable sectors when it comes to interest rates, fell 1% after the FOMC (Federal Open Market Committee) increased the Fed funds rate by 25 basis points on September 26. The much-anticipated hike raised the rates to 2%–2.25%. It marked the third rate hike for 2018 and the eighth since the Fed started rate normalization in December 2015. Staying with its 2018 target, the FOMC projects one more rate hike this year and three rate hikes next year.
BCE's significant investments in network coverage, customer retention, lucrative data plans and the launch of new handsets will likely drive customer addition.
Southern Company (SO), one of the largest utility stocks, presents an upside potential of ~4.0% from its current price level of ~$44.01. Analysts have given Southern Company a median target price of $45.86.
Southern Company (SO) expects to increase its EPS by 4%–6% annually for the next few years, which is in line with the industry average. Southern Company’s stock performance has been negatively affected by power plant issues in the last few years.