|Bid||70.85 x 500|
|Ask||70.87 x 300|
|Day's Range||70.67 - 71.49|
|52 Week Range||61.53 - 85.30|
|PE Ratio (TTM)||15.81|
|Earnings Date||Aug 1, 2018|
|Forward Dividend & Yield||3.34 (4.77%)|
|1y Target Est||72.58|
Top utility stock NextEra Energy (NEE) has an estimated stock upside of just 3.0% based on analysts’ mean target price of $173.80 and its current price of $169.42. Morgan Stanley raised NEE’s price target from $176.00 to $181.00 on July 16.
In March, regulators reversed a key tax rule that had made gas pipeline MLPs viable. The final policy announced Wednesday gives those businesses a way to adapt.
NextEra Energy (NEE), the biggest utility holding company by market cap, is currently trading at an EV-to-EBITDA (enterprise value-to-EBITDA) valuation multiple of ~15x, higher than its five-year average of ~12x. Peer Duke Energy (DUK) is trading at a valuation multiple of 10.6x, close to its historical average.
The merger of Dominion Energy (D) and SCANA Corporation (SCG) moved a step closer toward completion with the approval from FERC.
Investors were spooked by forecasts of cooler-than-normal weather that could lead to decrease in natural gas demand for air-conditioning.
Utilities’ (XLU) leverage is a vital metric for comparing companies, especially as interest rates are steadily increasing. While the top three utilities’ leverage has largely been stable, Southern Company’s (SO) leverage rose significantly after Q3 2016 to fund its AGL Resources purchase.
Utilities became expensive last month. The biggest of them all, NextEra Energy (NEE), is currently trading at an EV1-to-EBITDA valuation multiple of ~15x, notably higher than its five-year average of ~12x.
Dominion Energy (D) is currently trading at a dividend yield of 5%. In this series, we’re looking at the top-yielding utility stocks (VPU). Dominion Energy has a strong dividend payment history. It’s been paying quarterly cash dividends for the last 90 years.
In today's lineup are these four equities: Dominion Energy Inc. (NYSE: D), DTE Energy Co. (NYSE: DTE), Duke Energy Corp. (NYSE: DUK), and Edison International (NYSE: EIX). Richmond, Virginia headquartered Dominion Energy Inc.'s shares climbed 1.42%, finishing Tuesday's trading session at $66.94.
Dominion Energy's (D) Atlantic Coast Pipeline is likely to transport 1.5 billion cubic feet (Bcf) of natural gas per day to North Carolina and Virginia.
Dominion Energy Inc (NYSE:D) trades with a trailing P/E of 14x, which is lower than the industry average of 18.9x. Although some investors may jump to the conclusion that thisRead More...
Based on analysts’ 12-month mean target price of $72.10, Dominion Energy (D) stock has an upside of ~12% to its current market price of $64. Of the 14 analysts tracking Dominion Energy on May 25, two recommended “strong buy,” one recommended “buy,” and 11 recommended “hold.”
In the last year, Dominion Energy (D) has returned around -16%, while peers Duke Energy (DUK) and Southern Company (SO) have returned around -8%. Meanwhile, renewables giant NextEra Energy (NEE) has returned 16%, beating broader utilities by a big margin. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities, has returned -2% and broader markets have returned 15%. Total returns consider both capital appreciation and dividends paid.
Florida-based utility giant NextEra Energy (NEE) stock has a potential upside of 5.2% going forward. NextEra Energy has a mean target price of $170.8. Currently, NextEra Energy is trading at $162.4.
The biggest constituent of the S&P 500 Utilities Index, NextEra Energy (NEE) is trading at a PE multiple just above 13x—lower compared to its five-year historical average. NextEra Energy is trading at an EV-to-EBITDA valuation multiple of 15.0x—compared to its five-year historical average of ~12.0x. NextEra Energy stock seems to be trading at a discount to its historical average.
Let’s see how institutional investors played Dominion Energy (D)—a laggard in the S&P 500 Utilities (XLU)—in the first quarter. According to recent 13F filings, the Vanguard Group is the top institutional investor in Dominion Energy. It added 0.9 million shares in the first quarter, raising its stake to 7.4%.
Dominion Energy (D), the fourth-largest utility by market capitalization in the S&P 500 Utilities (XLU), is trading at a PE multiple of 20x, at a large discount to its five-year average of 24x. Peer Duke Energy (DUK), the second-largest utility, is currently trading at a PE multiple of 21x.
Uncertainties regarding Dominion Energy’s (D) merger with SCANA (SCG) and the FERC’s (Federal Energy Regulatory Commission) policy revision have weighed on Dominion stock this year, and higher first-quarter earnings failed to boost Dominion Energy stock. So far this year, it has fallen more than 20%, while broader utilities (XLU) have fallen ~4%. Dominion Energy looks like it may stay weak in the near future considering its moving averages.
Dominion Energy (D) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Southern Company (SO) and Duke Energy’s (DUK) earnings are expected to increase ~4%–6% annually for the next few years—in line with the industry average. As a result, their annual dividend per share growth is expected to be close to this level.