|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||108.27 - 110.92|
|52 Week Range||104.82 - 125.54|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.10%|
As U.S. equities experienced swings over recent weeks, utilities stocks and utility ETFs have outperformed. Over the past month, the Utilities Select Sector SPDR (NYSEArca: XLU) rose 2.2%, Vanguard Utilities ...
FirstEnergy (FE) has been one of the top-performing stocks among the S&P 500 Utilities Index (XLU) this year. Interestingly, FirstEnergy stock continues to look strong, given its current chart indicators. On March 19, FE was trading 6% above its 50-day moving average and 6% above its 200-day moving average.
In this series, we’re taking a look at how institutional investors played out their holdings in S&P 500 Utilities (XLU) in 4Q17. The Vanguard Group remains the top institutional investor in Southern Company (SO). State Street Global Advisors, the second-largest institutional investor of the Georgia-based utility giant, cut its stake in Southern Company during the fourth quarter of 2017.
Utilities stocks and sector-related exchange traded funds were among the best performers among U.S. equities Friday, likely advancing on retreating Treasury yields. On Friday, the Utilities Select Sector ...
While NextEra Energy’s (NEE) earnings increased more than 8.0% compounded annually in the last decade, its peers’ average earnings growth stood at ~5.0%. Higher earnings growth facilitated NextEra Energy’s higher dividend growth. Because of its substantially larger renewables portfolio, a healthy mix of competitive and regulated operations, as well as a territorial monopoly in Florida—the fourth-most-populous state, NextEra Energy previously achieved higher earnings growth.
Capacity utilization is a key macroeconomic indicator that helps us understand the health of US industries. Sudden changes in capacity utilization levels across industries or within a specific sector indicate the chance of a business cycle change. Capacity utilization is the percentage of capacity utilized of the total potential output.
According to management, Southern Company (SO) is expected to report earnings of $0.46 per share for the quarter that ended on December 31, 2017. For fiscal 2017, Southern Company is expected to report earnings of $2.97 per share against its earnings of $2.84 per share in 2016, which indicates a year-over-year increase of about 4.5% in earnings, in line with the industry average. Southern Company’s Mississippi-based Kemper County power plant reported more than a $3.1 billion loss in the nine months ended on September 30, 2017.