|Bid||39.44 x 1300|
|Ask||39.45 x 400|
|Day's Range||38.74 - 39.62|
|52 Week Range||33.30 - 42.67|
|PE Ratio (TTM)||9.91|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||1.38 (3.60%)|
|1y Target Est||42.68|
The U.S. Environmental Protection Agency has presented Exelon’s energy companies BGE, ComEd, Delmarva Power, PECO and Pepco with the ENERGY STAR Partner of the Year: Sustained Excellence Award.
Congress hasn't allocated funding explicitly for the Smart Grid since the Obama stimulus package in 2009, the Congressional Research Service noted this month, and without Congressional support, the grid could develop in slow and piecemeal fashion, with increased risk of incompatible parts.
According to Wall Street analysts’ estimates, NextEra Energy (NEE), the country’s biggest utility by market capitalization, has a potential upside of more than ~5.0% going forward. NextEra Energy has a mean target price of $169.10, and it’s currently trading at $160.20. J.P. Morgan raised NextEra Energy’s target price from $167.00 to $170.00 on April 10, 2018.
Moody's Investors Service assigns a Aa3 to Grundy and Will Counties Community Unit School District 1 (Coal City), IL's $8.7 million General Obligation (GO) Refunding School Bonds, Series 2018. Moody's ...
In response to media coverage of remarks made at the U.S. Energy Association's annual meeting in Washington last week, Exelon today clarified the company is fully committed to and investing in advancing the future of nuclear energy. “We are unequivocally committed to a strong and successful future for nuclear energy, including advancing and investing in new technology while tirelessly promoting sound energy policies and critically needed market reforms,” said Chris Crane, Exelon president and CEO. As the nation’s largest nuclear energy operator, Exelon is working to promote federal, regional and state policy reforms that appropriately value zero-emission nuclear power for its many environmental, economic, resiliency and national security benefits.
Wall Street analysts’ mean target price for FirstEnergy (FE) is $36.14, whereas its current market price is $34.61, implying a potential upside of ~6% for the stock over the next 12 months. Among the 17 analysts tracking FirstEnergy, eight had recommended “hold,” three had recommended “strong buy,” and six had recommended “buy” as of April 17, 2018. There were no “sell” recommendations.
FirstEnergy (FE) stock is currently trading at $34.61, 4% above its 50-day moving average and 7% above its 200-day moving average. This premium highlights its strength. Going forward, its 50-day moving average of ~$33.20 is expected to act as support.
FirstEnergy (FE) stock has soared more than 15% in the last three months, significantly outperforming broader utilities (XLU). Investment from activist hedge fund Elliott Management and improved earnings growth prospects boosted FE stock, which is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratio of 8.4x, lower than its five-year average of ~9.0x.
Ohio-based FirstEnergy (FE) is set to report its 1Q18 financial results on April 23, 2018. Wall Street analysts expect it to report EPS (earnings per share) of $0.67. In 1Q17, it had EPS of $0.78, implying that analysts expect FE’s EPS to fall 14% YoY (year-over-year).
ComEd’s annual formula rate update request for distribution or “delivery” of electricity calls for a decrease of $23 million compared to the approved rates in effect in January of this year.
Exelon Corporation (NYSE:EXC), a large-cap worth US$37.32B, comes to mind for investors seeking a strong and reliable stock investment. One reason being its ‘too big to fail’ aura which givesRead More...
According to Wall Street analysts’ consensus, top utility NextEra Energy (NEE) has a mean target price of $168.5—compared to its current market price of $162.8, which indicates a potential upside of 3.5% in a year.
According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a mean price target of $36.00 against its current market price of $34.03. This indicates a potential upside of ~6% for the stock over the next 12 months.
Today ComEd announced its filing with the Illinois Commerce Commission to establish the Distributed Generation Rebate Tariff that creates a rebate offering business customers and community supply projects $250 per kilowatt.
FirstEnergy (FE) stock is currently trading 3% above its 50-day moving average and 6% above its 200-day moving average. The stock’s fair premium to both these support levels highlights its strength. Going forward, its 50-day moving average of ~$32.77 is expected to act as a support. It’s currently trading at $33.86.
FirstEnergy (FE) is currently trading at a dividend yield of 4.3%, in line with the industry average. FirstEnergy’s five-year average dividend yield is ~4.8%. In 1Q14, FirstEnergy cut its per-share dividend from $0.55 to $0.36 when cash retention became vital.
Due to high capital requirements and volatile cash flow from operations, FirstEnergy’s (FE) free cash flow has been relatively unstable. In 2017, FE reported free cash flow of $49 million, while it was -$78 million in 2016.
FirstEnergy (FE) has been no exception. In the last three years, FirstEnergy’s revenues have fallen 3% compounded annually. Given FirstEnergy’s plans to become a pure-play regulated utility, its revenues could stabilize going forward.
Ohio-based FirstEnergy (FE) is undergoing a transformation that its investors may cheerfully welcome. It’s received an investment from a leading activist investor, it’s asked for state aid to run its struggling power plants, and its riskier competitive subsidiary has filed for bankruptcy. The traditionally competitive utility holding company FirstEnergy, valued at ~$16 billion, has rallied more than 10% year-to-date, significantly beating out broader utilities (XLU) (VPU).
Exelon Corporation (NYSE:EXC) is currently trading at a trailing P/E of 9.7x, which is lower than the industry average of 14.2x. While this makes EXC appear like a great stockRead More...
DTE Energy's (DTE) Renewable Energy Plan has provisions for installing approximately 15 MW of new Michigan-based solar capacity over the next three years.