|Bid||35.92 x 1200|
|Ask||38.13 x 900|
|Day's range||36.37 - 37.09|
|52-week range||33.61 - 70.05|
|PE ratio (TTM)||N/A|
|Earnings date||1 Aug 2018 - 6 Aug 2018|
|Forward dividend & yield||2.45 (6.64%)|
|1y target est||38.11|
This high-yield stock looks like it could soon stop paying a dividend, but here's one that is still paying and working to grow its distribution.
SCANA's (SCG) principal subsidiary - SCE&G - files for overall cut in retail natural gas base rates of $22.6 million under the Rate Stabilization Act.
SCANA is one of companies on my list of top dividend stocks. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income andRead More...
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%.
Based on the mean target price from Wall Street analysts, NRG Energy (NRG) stock offers a potential upside of 14% for the next 12 months. Analysts have given NRG Energy a mean target price of $38.1, compared to its current market price of $33.5.
Currently, NRG Energy (NRG) is trading at an enterprise value–to–EBITDA valuation of ~11x, compared to its five-year historical average valuation of 11x. NRG Energy stock looks to be trading at a fair valuation compared to its historical average.
NextEra Energy (NEE) will further expand its footprints in Florida through acquisition of some assets from Southern Company for $6.475 billion.
On May 18, the Utilities Select Sector SPDR ETF’s (XLU) implied volatility was 12%—lower than its 15-day average. The SPDR S&P 500’s implied volatility was close to 10%—lower than its 15-day average of 11%.
The Vanguard Group is the top institutional investor in Dominion Energy (D). It added 0.9 million shares in the first quarter, raising its stake to 7.4% as of March 31.
On May 11, the implied volatility of the Utilities Select Sector SPDR ETF (XLU) was 13%, near its 15-day average. The SPDR S&P 500’s implied volatility was close to 10%, lower than its 15-day average of 12%.
South Carolina's state owned utility paid $9 million in performance bonuses to executives of a private utility for two nuclear reactors that were never finished, according to the public utility and emails turned over to state and federal investigators. SCANA Corp. even billed taxpayer-supported Santee Cooper $3.2 million for bonuses in August, a month after the utilities abandoned 10 years of construction and planning for the reactors, according to the emails released by Gov. Henry McMaster's office on Wednesday. Santee Cooper refused to pay, utility spokeswoman Mollie Gore said.
South Carolina senators have tentatively approved a bill to repeal a law that critics say led to the multibillion abandonment of two nuclear plants after 10 years of planning and construction. The law allowed utilities to charge ratepayers for the nuclear plants before they ever generated a watt of power. Officials at South Carolina's state-owned utility say they paid nearly $9 million in performance bonuses to executives of a private utility for two nuclear reactors that were never finished.
Competitive utility AES (AES) stock has a mean target price of $12.94, which implies an estimated upside of more than 10% for the next year. Currently, AES is trading at $11.73.
In this part, we’ll discuss utilities’ total returns. Total returns consider dividend payments and stock appreciation in a particular period. So far, AES (AES) has returned 17% in 2018. AES’s market performance has contributed to its strong total returns during this period.
AES (AES) stock appears to be trading at a premium valuation compared to its historical valuation multiple. On May 7, AES stock was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) valuation multiple of 8.7x. AES’s five-year historical EV-to-EBITDA multiple is close to 8x.
On April 30, CenterPoint Energy’s (CNP) implied volatility was 20%, close to its 15-day average. Implied volatility indicates investors’ unease, and higher volatility is usually associated with stock price decline. The Utilities Select Sector SPDR ETF’s (XLU) implied volatility is ~13%.
Dominion Energy's (D) first quarter earnings were better than expected due to impact of normal weather and higher merchant generation margins.