|Bid||48.91 x 200|
|Ask||48.92 x 100|
|Day's range||48.41 - 49.03|
|52-week range||47.80 - 74.99|
|PE ratio (TTM)||11.55|
|Forward Dividend & Yield||2.45 (4.98%)|
|1y target est||N/A|
COLUMBIA, S.C. (AP) — Securities regulators are investigating a scuttled nuclear reactor construction project in South Carolina, according to a release Tuesday from one of the plant's co-owners.
Scana Corp., already the target of federal and state investigations, said it received a subpoena from the U.S. Securities and Exchange Commission in connection with an abandoned nuclear power project.
While broader markets maintained their cautious approach, US utility stocks continued to march higher last week. The Utilities Select Sector SPDR ETF (XLU) rose 1.4%.
According to Wall Street analysts, SCANA Corporation (SCG) has a mean price target of $56.06 against its current market price of $49.11.
SCANA Corporation (SCG) stock seemed to have taken a breather from its free fall in the last few trading sessions. In the last one-month period, SCG stock has corrected more than 17%.
According to Wall Street analysts' estimates, SCANA (SCG) stock has a mean target price of $58.39—compared to its current market price of $48.58.
Recently, SCANA became one of the most volatile stocks in the S&P 500 Utilities Index (XLU). On October 3, 2017, SCANA had an implied volatility of 30%.
SCANA (SCG) stock fell and took away the relatively better returns from its dividends. Including dividends, it returned -29% in the past year.
SCANA is expected to pay an annualized per share dividend of $2.45 this year. It implies a rise of more than 6% per share year-over-year compared to 2016.
On October 3, 2017, SCANA was trading at an EV-to-EBITDA valuation multiple of 9.3x, while its five-year historical average is near 10.3x.
Currently, SCANA (SCG) stock is trading deep in the oversold zone. On October 3, 2017, its RSI (relative strength index) was at 11.
Things have been getting uglier for SCANA (SCG) since it abandoned the V.C. Summer nuclear power plant a few months ago. Its stock is racing to the bottom.
President Trump unveiled his administration's much-awaited corporate tax reform proposals last week. US utility stocks reacted negatively to the news, falling 1.3%.
The CEO of the public utility that co-owns South Carolina's abandoned nuclear power project said Tuesday he pushed the majority owner for years for better oversight. As junior partner, state-owned Santee ...
SCANA (SCG) has been served with a subpoena for investigation of documents relating to the company's new nuclear project at V.C. Summer Nuclear Station.