|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||159.90 - 162.77|
|52 Week Range||131.86 - 165.15|
|PE Ratio (TTM)||14.09|
|Earnings Date||Apr 19, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||4.44 (2.76%)|
|1y Target Est||169.53|
A.M. Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of “a” of Palms Insurance Company, Limited .
NextEra Energy (NEE), the biggest utility by market capitalization in the country, reported its 1Q18 earnings on April 24. The company’s strong performance continued in 1Q18. NextEra Energy reported an adjusted EPS (earnings per share) of $1.94 for the reported quarter and beat consensus estimates. In the same quarter last year, NextEra Energy reported an EPS of $1.75.
Dominion Energy (D), the third-biggest utility by market capitalization, appears to be trading at a discounted valuation to its historical average. Dominion Energy is trading at a PE (price-to-earnings) multiple of 20x, while its five-year average PE multiple is close to 24x.
The Juno Beach, Florida-based company said it had net income of $9.32 per share. Earnings, adjusted for non-recurring gains, came to $1.94 per share. The results topped Wall Street expectations. The average ...
NextEra Energy Partners LP (NYSE:NEP), a renewable energy company based in United States, received a lot of attention from a substantial price movement on the NYSE over the last fewRead More...
NextEra Energy is extending plans to raise its dividend every year. The company reports Q1 results Tuesday.
Moody's Investors Service, ("Moody's") today assigned a Baa1 senior unsecured rating to Sabal Trail Transmission, LLC's (Sabal) proposed issuance of up to $1,500 million senior unsecured notes. ...
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 the Wall Street analyst consensus, Dominion Energy (D), the third-biggest utility, has an estimated upside of more than 12% for the next 12 months. The company has a mean target price of $74.4 compared to its current market price of $66.1.
NextEra Energy (NEE) expects to fall short of earnings estimates in its first-quarter 2018 results, which is likely to release on Apr 24, 2018.
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.
Dominion Energy (D), the third-largest utility by market capitalization in the S&P 500 Utilities Index (XLU), is trading at a PE (price-to-earnings) valuation multiple of 19x. The stock seems to be trading at a large discount compared to its five-year valuation average of 24x. Duke Energy (DUK) stock, the second-largest utility, is currently trading at a PE multiple of 21x, while renewables titan NextEra Energy (NEE) is trading at a PE multiple of 22x.
MIAMI, April 19, 2018 /PRNewswire/ -- Florida Power & Light Company (FPL) today unveiled its new Brickell Substation, the largest enclosed substation in FPL's 27,000-square-mile service area, which will enhance the reliability of the company's energy grid and distribute electricity to thousands of customers in downtown Miami's urban core. With a decorative façade to complement the city's fast-changing skyline and world-class culture, the Brickell Substation includes the latest technology to ensure reliable service to customers and future customer growth in South Florida.
Analysts expect Richmond-based Dominion Energy (D) to report earnings of $1.06 per share for the quarter ended on March 31, 2018. In the comparable quarter last year, it reported earnings of $0.97 per share. The estimates represent an increase of more than 9% in its per-share earnings year-over-year.
NextEra Energy (NEE) stock has been one of the exceptions in the S&P 500 Utilities Index, as it traded strongly amid the sectoral weakness. It is currently trading at $163.20, close to its 52-week high. NextEra Energy stock is presently trading 4.0% above its 50-day and 7.0% above its 200-day moving average levels.
Washington's continuous drive to establish a sustainable solar industry within the United States has resulted in the government splurging even more on the clean energy space.
Broader utilities (XLU) have been on a losing streak for the last few months after peaking in November 2017. NextEra Energy (NEE) is currently trading at a PE (price-to-earnings) multiple of 22.0x against its five-year historical average PE of 21.0x. Thus, NextEra Energy stock seems to be trading at a premium to its historical average. NextEra Energy stock has rallied more than 5.0% while the broader utilities have corrected 2.0% so far this year.
Analysts expect Florida-based NextEra Energy (NEE) to report earnings per share (or EPS) of $1.82 for 1Q18. In 1Q17, it reported EPS of $1.75. Renewables giant NextEra Energy is one of the fastest-growing utilities in the sector. In 2017, its adjusted EPS grew more than 8.0% compared to 2016. The broader utilities’ (XLU) (IDU) earnings growth rate is ~4.0%–6.0%.
The biggest utility by market capitalization, NextEra Energy (NEE) plans to report its 1Q18 financial results on April 24, 2018. According to analysts, NextEra Energy is estimated to report total revenues of ~$4.2 billion for 1Q18. In 1Q17, it reported revenues of ~4.0 billion, indicating year-over-year revenue growth of around 5.0%.
According to Wall Street analysts’ estimates, NextEra Energy (NEE), the biggest utility by market capitalization in the country, has a potential upside of more than ~5% going forward. NextEra Energy has a mean target price of $169.1. Currently, NextEra Energy is trading at $160.20.
Let’s take a look at Southern Company’s payout ratio. A payout ratio indicates a portion of a company’s profits distributed to shareholders in the form of dividends. In 2017, Southern Company’s payout ratio was 76%.