|Bid||0.00 x 800|
|Ask||80.39 x 1200|
|Day's Range||79.02 - 79.83|
|52 Week Range||62.71 - 81.05|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||20.30|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||2.68 (3.38%)|
|1y Target Est||80.71|
Duke Energy's (DUK) earnings declined 10.6% year over year, due to higher depreciation and amortization expenses on a growing asset base.
AEP Corp. is forging ahead with plans to grow its renewable energy business. The Columbus-based utility announced after markets closed Tuesday that its competitive renewable energy subsidiary has signed an agreement to acquire Sempra Renewables LLC, which controls stakes in seven wind farms and 724 megawatts of wind power, for $1.056 billion. The LLC, an affiliate of San Diego-based Sempra Energy, has wind farms in Colorado, Hawaii, Indiana, Kansas, Michigan, Minnesota and Pennsylvania.
COLUMBUS, Ohio, Feb. 12, 2019 /PRNewswire/ -- American Electric Power (AEP) today announced that its competitive renewable energy subsidiary has signed an agreement to acquire Sempra Renewables LLC and its 724 megawatts (MW) of operating wind generation and battery assets for approximately $1.056 billion, including $551 million in cash, assumption of $343 million in existing project debt and $162 million in tax equity obligation. Sempra Renewables, a subsidiary of Sempra Energy, jointly owns all or part of seven wind farms and one battery installation in seven states. Five of the wind farms are jointly owned with BP Wind Energy.
Exelon's (EXC) fourth-quarter earnings are in line with the Zacks Consensus Estimate. Its total revenues are higher year over year due to strong contribution from Utility and Generation businesses.
# American Electric Power Company Inc ### NYSE:AEP View full report here! ## Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for AEP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AEP. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AEP totaled $21.34 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. Although AEP credit default swap spreads are near their highest levels for the past 3 years, they are decreasing and near the lows of the last one year, which indicates improvement in the market's perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
What a difference a month can make! For years, the U.S. Federal Reserve signaled its intentions to raise benchmark interest rates to cull prior monetary excess. Up until last December, the Fed maintained its hawkish stance. However, an about face suddenly brings up a new question: With this change, what are now the best stocks to invest in? No one can overstate how important this announcement is for Wall Street. Upon the dovish shift, the Dow Jones Industrial Average closed up 1.8% against the prior session. Before the Fed's change of heart, the markets traded relatively sideways. But with this fundamental overhang out of the way, the list of best stocks to buy just got bigger. While the sudden swing may have taken investors off-guard, in fairness, the Fed didn't have much choice. Yes, the domestic economy is doing well, especially compared to international markets. However, Fed Chairman Jerome Powell didn't anticipate the continued economic hostilities between the U.S. and China. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a result, the central bank had to respond in a way that wouldn't upset the markets' delicate balance. However, China isn't the only concern. Other pressing issues include surging dollar strength, recently softening consumer sentiment, and a tough housing market. With the Fed now acknowledging these headwinds, it's breathing new life into the best stocks to buy. But don't think that the Fed has gone rogue. Powell expressed the importance of "patience." In other words, if inflation isn't rising dramatically, there's no need to overreact. This prudent approach should help navigate our economy and calm unnecessary jitters in the markets. * 7 Stocks With Too Much Riding On China Plus, the Fed symbolically waved the green flag. So here are seven of the best stocks to buy off this dovish policy: Source: Shutterstock ### American Electric Power (AEP) Typically, utility firms don't immediately come to mind as among the best stocks to buy for a dovish Fed. If Powell is genuinely concerned about dollar strength, he's not going to mind the currency weakening against its international competitors. However, such a move raises energy and commodity costs, thus impacting names like American Electric Power (NYSE:AEP). But here's the thing: as a utility company, AEP stock enjoys consistent, recurrent demand. In fact, as we dive further into the information age, we're going to see increased demand for utilities, not less. So a rise in costs due to an inflationary dollar won't hurt AEP's profitability. Instead, they'll just pass on the costs to the consumer without consequence. That might sound cynical, but I'm speaking with positive intentions. For one thing, American Electric Power is a well-run organization with an eye towards future industry developments. Moreover, AEP stock features a nice 3.4% dividend yield. Even if the markets stumble against the Fed's best efforts, AEP will still bring something to shareholders. Source: Shutterstock ### Exxon Mobil (XOM) While President Donald Trump loved boasting about the markets when they were moving higher, individual stories forwarded questionable results. For instance, several construction-related companies like Caterpillar (NYSE:CAT) took off when Trump won, presumably because of the border-wall project. But for others like Exxon Mobil (NYSE:XOM), they have a more nuanced perspective. Immediately following the election, XOM stock enjoyed a massive burst of bullishness. However, that sentiment quickly faded once 2017 rolled around. Despite some big, singular moments, Exxon Mobil has largely disappointed shareholders. Later in the fourth quarter of 2018, macroeconomic concerns dropped XOM from most people's short list of best stocks. * 10 Stocks to Sell in February Trump must take responsibility for some of the bearishness. Throughout his presidential campaign, he sharply rebuked former Fed Chair Janet Yellen's accommodative monetary policies. But with the world's most powerful central bank reversing course, XOM stock has a chance to rebound. Source: Qualcomm ### Qualcomm (QCOM) In recent years, technology firm Qualcomm (NASDAQ:QCOM) has given shareholders fits. In one moment, the company appears like one of the best stocks ever. But after a brief spell, QCOM stock comes crashing down to earth, only to repeat the cycle later. Most recently, the tech icon slipped on the worsening U.S.-China trade war. But another overriding headwind has worried shareholders: a rising dollar. As the greenback gains in strength, it limits Qualcomm's competitiveness overseas. More than once, we've heard the impact about unfavorable currency exchange rates during an earnings report. For QCOM stock, this matter takes on a greater urgency. Last year, 67% of total revenue came from China, including Hong Kong. The Chinese already play tough, and some would argue dirty. A currency headwind is therefore the last thing you want as a Qualcomm stakeholder But if I'm reading the Fed correctly, the central bank understands these challenges. If so, QCOM stock may have received a lifeline. Source: -v via Flickr (modified) ### DR Horton (DHI) Prior to the Fed coming to their senses (as some might argue), homebuilder DR Horton (NYSE:DHI) was among the worst stocks to buy for purely understandable reasons. The fallout from the sub-prime-mortgage crisis has made home ownership increasingly difficult. But with a hawkish monetary policy, DHI stock appeared dead in the water. Indeed, shares slipped badly in the beginning of 2018, then meandered aimlessly until another big drop. Based on the technical charts, it's difficult to argue against a correlation between DHI stock and Fed policy. But when Powell released his statements, DR Horton suddenly found a second wind. * 7 High-Dividend Stocks Yielding More Than 5% (Plus a Bonus) Undoubtedly, real estate has a long way to go. A substantial headwind comes from the millennial demographic, which haven't warmed to home ownership like prior generations. Surely, the Fed's dovish stance won't change this factor overnight. However, it does give DHI stock a chance. Source: Jan Tik via Flickr ### LGI Homes (LGIH) Similar to DR Horton, LGI Homes (NASDAQ:LGIH) fell off most people's list of best stocks to invest in for 2018. From the get-go, LGIH stock experienced significant volatility. Eventually, the narrative completely collapsed in September, sending shares down into the doldrums. That said, LGI Homes has started to win back the investors it lost during last year's pummeling. Against the January opener, LGIH stock has gained over 29%. And of course, with the Fed backing off from its hawkish threats, shares don't have the overhang to worry about. Additionally, LGIH has one potential ace up its sleeve: Chinese buyers. As China's wealthy class increases in number, the astute among them are seeking stable investments to protect their money. Western real estate, particularly in the U.S. market, appeals for obvious reasons. A critical advantage that LGI levers is location, location, location. Primarily featuring in the coastal areas, as well as burgeoning inland markets, the company offers an exceptionally-attractive portfolio. Source: Jeremy Vohwinkle via Flickr (Modified) ### AngloGold Ashanti (AU) It's a predictable but generally reliable strategy: when the economy hurts, gold is king. Even with the Fed addressing fundamental headwinds, precious metals can have a viable place in your portfolio. That's because a dovish monetary policy is usually inflationary for the dollar, thereby driving gold prices. But if you don't want the hassle of physical bullion, miners can be some of the best stocks to invest in. Among them, AngloGold Ashanti (NYSE:AU) stands out sharply. AU stock has gotten off to a strong start in 2019, gaining over 10%. That was before the Fed changed its outlook. With a dovish policy, AU could jump even higher. * 7 Stocks That Could Double in 2019 Better yet, a bullish market in gold should help boost AngloGold's financials. After commodities and energy got blitzed in the middle part of this decade, AU stock is on the recovery track. With the Fed aligning with AngloGold's interests, we're in for an interesting 2019 and beyond! Source: Shutterstock ### Sibanye Gold (SBGL) If the Fed maintains its dovish monetary policy -- or even magnifies it -- you'll want to consider Sibanye Gold (NYSE:SBGL). Despite its name, SBGL stock is more than just a gold miner. With its acquisition of Stillwater Mining, Sibanye has exposure to the critical platinum market. Often times, the best stocks to buy achieve that lofty status due to their potential for strong demand. However, with SBGL, the supply-demand picture is already extremely favorable. To illustrate, all the platinum that has ever been mined could fit inside an average living room. What's more, platinum has significant industrial, technological and biochemical uses. Naturally, if platinum is used for these purposes, it's difficult if not impossible to recover. That only boosts mining companies like SBGL that specialize in this precious metal. Still, like any player in this sector, you want to approach cautiously. Sibanye Gold has sharply rising debt levels, which may not be suitable for conservative investors. But if you want to speculate on the Fed, SBGL stock has the right stuff. As of this writing, Josh Enomoto is long gold and platinum. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Machine-Learning Stocks to Buy for a Smarter Portfolio * 10 Stocks to Sell in February * 10 Triple-A Stocks to Buy in February Compare Brokers The post 7 of the Best Stocks to Buy for a Dovish Federal Reserve appeared first on InvestorPlace.
In his second "Executive Decision" segment of Mad Money Wednesday night, Jim Cramer welcomed back Nick Akins, chairman, president and CEO of American Electric Power Co. Akins said it's been another great year for AEP, both in terms of weather and because of the growing economy. Akins said extreme cold snaps, like the one currently gripping most of the country, keep the meters turning and electrical loads increasing.
CMS Energy's (CMS) operating revenues summed $1,829 million, which outshined the Zacks Consensus Estimate of $1,535 million by 19.2%.
Based on American Electric Power Company, Inc.'s (NYSE:AEP) earnings update on 31 December 2018, the consensus outlook from analysts appear fairly confident, with profits predicted to increase by 6.2% next Read More...
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Regulations, tax reform and tariffs all impacted American Electric Power Company Inc. in 2018, but at the end of the day, it was the weather that made the biggest difference.
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