|Bid||106.52 x 100|
|Ask||114.97 x 100|
|Day's Range||110.66 - 111.70|
|52 Week Range||105.98 - 125.54|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.10%|
In the November capacity utilization report, the manufacturing sector remained strong with 76.4% capacity utilization, the highest level since May 2008.
On December 5, 2017, Dominion Energy stock was trading 3% above its 50-day moving average and 6% above its 200-day moving average.
US utilities have been experiencing flat electricity demand growth for the last several years, driven by increasing energy efficiency initiatives.
Among the key macroeconomic indicators published by the Fed, capacity utilization in US industries helps investors forecast business cycle changes.
While broader utilities are climbing towards a new high, AES (AES) stock continues to fall. It hit a new 52-week low of $10.31 on November 7, 2017.
Utility stocks generally trade inversely to Treasury yields. The ten-year Treasury yield fell from 2.37% to 2.33% last week.
Dominion's management has given an earnings guidance of $0.95 to $1.15 per share for 3Q17, compared with its EPS (earnings per share) of $1.14 in 3Q16.
The Utilities Select Sector SPDR ETF (XLU) is currently trading at a marginal discount to its 50-day simple moving average while it's trading 4% above its 200-day simple moving average level.
Hurricane Irma, the higher possibility of another rate hike in 2017, and now proposed lower income tax rates have posed a triple threat to the utility sector (VPU). Although utility stocks have fallen…...
US utility stocks (VPU) might continue to fall. The Utilities Select Sector SDPR ETF (XLU), which represents S&P 500 utilities, is trading at a 2% discount and a 2% premium to…
While US utilities continue to trade at an average EV-to-EBITDA valuation multiple of 11x, Exelon (EXC) stock is currently trading at 7.6x.
Let’s have a look at the price targets for top utilities in this part of our series. According to Wall Street analyst consensus, Southern Company (SO) stock has a price target of $51.47.
The Utilities Select Sector SPDR ETF (XLU) declared a quarterly dividend of $0.42 per unit on September 15. The record date for the dividend is September 18.
Sempra Energy (SRE) is aiming for above-average earnings growth for the next few years, which could facilitate higher dividend growth than the industry average.
NRG Energy (NRG) stock might continue to trade sluggishly, due to Elliott Management reducing its stake last month. According to Elliott Management’s filing on August 24, 2017, its stake in…
Top utility stock Southern Company (SO) broke its rally on September 12, 2017, after gaining for eight consecutive trading sessions.