|Bid||40.21 x 800|
|Ask||40.24 x 900|
|Day's Range||40.14 - 41.03|
|52 Week Range||33.61 - 49.40|
|Beta (3Y Monthly)||0.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.49 (1.23%)|
|1y Target Est||39.50|
Wall Street analysts have given NRG Energy (NRG) stock a median target price of $41.72, which implies an upside potential of 13% from its current price of $36.86 over the next 12 months.
Is There Any Steam Left in AES Stock after Such a Steep Rally? According to the analyst consensus, AES (AES) has a median target price of $14.22 compared to its current market price of $14.84, which indicates a downside of more than 4% for the next 12 months. SCANA (SCG) has a median price target of $39.50, which implies an upside of 2% for the next year.
CenterPoint Energy's (CNP) acquisition of Vectren for $6 billion will lead to a new company serving more than 7 million customers across the United States.
With the integration of Filter Group, Just Energy (JE) expects to achieve profitable customer growth and diversify its product mix with non-commodity products and services offerings.
NEW YORK, Oct. 03, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Analysts’ median target price of $39.30 for NRG Energy (NRG) stock implies a 10% upside to its current price of $35.79 over the next 12 months.
Currently, NRG Energy (NRG) stock is trading at an EV-to-EBITDA multiple of 11x—equal to its five-year historical average. The stock appears to be trading at a fair valuation. In comparison, AES (AES), one of the smallest constituents of the Utilities Select Sector SPDR ETF (XLU), is trading at a valuation of 8.6—higher than its historical average of ~8x. SCANA’s (SCG) EV-to-EBITDA multiple is 8.6x—lower than its historical average of 10.0x.
Let’s take a look at utility stocks (XLU) with attractive upside potentials for the next 12 months. PG&E (PCG) stock has a median target price of $51.9—compared to its current market price of $47.0, which indicates an upside potential of more than 10% for the next year.
cleared another hurdle this week, moving a step closer to an agreement that could mean more than a billion dollars in rebates for utility customers. SCANA suddenly needed a buyer after spending $5 billion on a pair of reactors abandoned a year ago at V.C. Summer. Dominion is offering more than $1 billion in rebates to SCE&G customers in the deal, which would also cut rates by about 7%.
Utilities at large (XLU) are aiming for an earnings growth of 4%–6% annually for the next few years. In comparison, NextEra Energy (NEE), the fastest-growing top utility, aims to increase its EPS by 6%–8% through 2021. NextEra Energy’s healthy combination of regulated and competitive operations and unmatchable renewables portfolio drove its earnings in the last few years. The planned asset sale of Southern Company’s (SO) assets is expected to make NextEra Energy’s footprint even stronger in Florida.
NRG Energy (NRG) completes sale of interest in NRG Yield and its Renewables platform. The company will utilize the proceeds to strengthen balance sheet and buyback shares.
Vectren's (VVC) stakeholders approve the proposed merger with 61.6% of total outstanding shareholders casting votes in favor of the move.
In this series, we’re looking at institutional investors’ activity in the S&P 500 Utilities stocks in the second quarter. In this series, we’ll look at Dominion Energy (D). The Vanguard Group is the top institutional investor in all top utility stocks, including Dominion Energy.
Shares of Scana were falling on Tuesday morning, following a judicial ruling in favor of a utility rate cut. Shares of Scana (SCG) had a difficult 2017, beset by problems related to its now defunct nuclear power plant project. On Tuesday, Scana was feeling more pain, after a judge ruled in favor of a temporary rate cut for customers of South Carolina Electric and Gas (SCE&G), the utility that Scana owns. U.S. District Judge Michelle Childs ruled against SCE&G, which had asked for a preliminary injunction to block a South Carolina law, approved this summer, that allows the rate cut.
Judge J. Michelle Childs of the U.S. District Court in Columbia, S.C., on Monday refused to block a state law shaving 15% from consumers’ bills and depriving Scana unit South Carolina Electric & Gas of roughly $31 million in monthly revenue. The decision takes ratepayers off the hook for some of what Scana spent on the V.C. Summer nuclear expansion, a $9 billion project that was abandoned last year, half-built. Scana has been tangling with consumers and lawakers since then over who should cover billions of dollars in costs, the company or its ratepayers.
Expanded customer base, higher margin from SCANA Energy Marketing unit and benefits from tax reform aid SCANA's (SCG) Q2 earnings.