American Electric Power Company Inc.
A Must-Know Look at Consolidated Edison’s Dividends
Consolidated Edison has a dividend yield of 3.4%, higher than utilities’ average of 3%. It declared a quarterly dividend of $0.74 per share in October.
DUK: Analyzing Duke Energy’s Dividend Profile
Top regulated utility Duke Energy (DUK) declared a quarterly dividend of $0.945 per share in October. The dividend is set to be paid on December 16.
What Sets AEP’s Dividends Apart?
American Electric Power Company (AEP) declared a quarterly dividend of $0.70 per share in October. These dividends will be paid on December 12.
Why Utilities Are Still Attractive despite Their Valuations
While almost all utility stocks are looking expensive right now, a T. Rowe Price analyst has called utilities “the most underappreciated” sector.
Utilities Stand Strong amid Volatile Broader Markets
Utility stocks soared as Treasury yields fell on September 24. The Utilities Select Sector SPDR ETF gained 1.2% while the S&P 500 tumbled 0.8% yesterday.
Is Joe Biden’s Green New Deal Really Feasible?
Joe Biden has proposed a climate change framework that aims to zero down on carbon emissions and create millions of new jobs by 2050.
Why Utilities Underperformed the Broader Market Last Week
The defensives and utilities sector fell more than 2% last week while broader markets fell just 0.3%. Here’s why.
Investors Flock to Utilities amid Trade War Tensions
The increasing severity of the trade war pulled broader markets down ~2.5% yesterday, while the utilities sector rose over 1%.
Why Top Utility Stocks Look Expensive
NextEra Energy (NEE) stock is trading at 22 times its forward earnings, way beyond peers’ average.
Exelon: Analysts’ Views and Target Prices
Wall Street analysts have given Exelon (EXC) stock a target price of $51.7—compared to its current market price of $50.3.
Will Q1 Earnings Fuel Southern Company Stock’s Rally?
Southern Company stock has been on a solid run so far this year.
How Utility Stocks Played Out Last Week
Utility stocks outperformed broader markets last week. The Utilities Select Sector SPDR ETF (XLU) rose 1.4% while the S&P 500 continued to march higher, rising 1.2%.
What to Expect from Dominion Energy in Q1?
Dominion Energy (D) is scheduled to report its first-quarter earnings on May 3. Dominion Energy will likely report an EPS of $1.11.
Analysts’ Forecasts for AEP Stock
Of the 18 analysts tracking American Electric Power (AEP), four recommend “strong buy,” six recommend “buy,” and eight recommend “hold.”
AEP Reports Solid Q1 Results, EPS Grow 24%
American Electric Power (AEP), one of the biggest electric utility companies, released its first-quarter earnings today.
NextEra Energy Continues Its Earnings Growth Streak in Q1
NextEra Energy reported its first-quarter earnings results on April 23. It posted adjusted EPS of $2.20, beating the consensus estimate.
Analysts Expect Higher Earnings from AEP in Q1 2019
American Electric Power Company (AEP) is set to release its first-quarter earnings results on April 25.
NextEra Energy’s Q1 Results: Fresh Upside for the Stock?
NextEra Energy is scheduled to release its first-quarter earnings on April 23. The company is expected to report total revenues of $4.31 billion.
XLU: How Utility Stocks Look from the Valuation Standpoint
NextEra Energy (NEE) stock is trading 22x its forward earnings, which is above its five-year average PE ratio.
Utilities: How These Defensives Fared in March’s Last Week
Improvements on the trade front with China pulled the markets higher last week, with the S&P 500 rising ~1.2%.
How AEP’s Dividend Payout Ratio Stacks Up with Peers
Exelon’s (EXC) payout ratio was 67% in 2018 against its five-year average of 57%.
How Do Analysts View AEP?
American Electric Power Company (AEP) stock is currently trading at an all-time high.
How AEP’s Dividend Growth Fared Recently
In the last five years, American Electric Power (AEP) increased its per share dividend by 5.4% compounded annually.
All You Need to Know about AEP’s Dividend Profile
American Electric Power (AEP) has one of the longest dividend-payment histories among utility giants.
Duke Energy and Southern Company’s Payout Ratios
Recently, US utilities’ payout ratio averaged ~65%–75%. Duke Energy’s payout ratio was 97%, while Southern Company’s ratio was 110% in 2018.
Comparing Duke Energy and Southern Company’s Dividends
Southern Company is trading at a yield of 4.7%, while Duke Energy offers a yield of 4.1%—notably higher than utilities at large yielding ~3%.
Which Utility Stocks Received a Higher Target Price Last Week?
Exelon (EXC) has a median target price of $49.9 for the next 12 months. UBS raised Exelon’s target price from $53.0 to $56.0 last week.
Utilities: Top Gains and Losses Last Week
NextEra Energy stock rose 1.4%, while American Electric Power rose 1.6% last week. Dominion Energy and PPL were among the top losses.
What Analysts Currently Think of AEP Stock
American Electric Power Company (AEP) stock has a median target price of $82.44 compared to its current market price of $82.98.
AEP, FE, EXC, and XEL: Analyst Views and Price Targets
Let’s take a look at utility stocks that received a price target raise last week. We’ll look at Exelon (EXC) first.
AEP, SRE, and EXC: Q4 Institutional Activity in Top Utilities
In this part of our series, we’ll discuss the institutional ownership in the top utility stocks during the fourth quarter.
FE, AEP, and EXC: Analyzing Utilities’ Current Valuation
FirstEnergy (FE) stock looks to be trading at an attractive valuation, considering its lower valuation multiple against its historical average and peers’ averages.
American Electric Power: Institutional Activity during Q4
The Vanguard Group held almost 8% of American Electric Power Company’s (AEP) total outstanding shares on December 31.
Leaders and Laggards: How Top Utility Stocks Fared Last Week
Utilities had marginal gains last week and underperformed broader markets. The Utilities Select Sector SPDR ETF (XLU) rose 0.05%.
Analyzing FE, XEL, and AEP’s Current Valuation
FirstEnergy stock seems to have an attractive valuation. FirstEnergy has a lower valuation multiple than its historical average and peers’ average.
Utilities Beat Broader Markets Last Week
The broader market sell-off intensified last week. Most of the major indices recorded the worst week in a decade.
SO, DUK, and AEP: Analysts’ Views and Target Prices
Southern Company (SO) stock has a potential downside of ~1% from its current level of $47.22.
Many Top Utilities Trade in the ‘Overbought’ Zone
XLU is trading at $56.46, which is almost 4% and 8% above its 50-day and 200-day moving average levels, respectively.
NEE, AEP, XEL, and D: Analysts’ Target Prices
UBS raised Dominion Energy’s target price from $75.0 to $84.0. UBS also upgraded Dominion Energy from “neutral” to “buy” last week.
These Utility Stocks Had Recent Target Price Changes
Top utility stock NextEra Energy (NEE) has an estimated upside of ~6% based on its median target price of $180.40 and its current price of $169.90.
American Electric Power: Analysts’ Recommendations
For American Electric Power, five analysts recommended a “strong buy,” nine recommended a “buy,” and five recommended a “hold.”
Dominion Energy Offers an Attractive Yield
On October 3, the US ten-year Treasury constant maturity rate was 3.16%, its highest level since July 1, 2011.
Is Dominion Trading at a Premium Compared to Its Peers?
Dominion Energy’s (D) EV-to-EBITDA (enterprise value-to-EBITDA) multiple is 14.05x, and its five-year average EV-to-EBITDA multiple is 14.11x.
How Does Wall Street View Duke Energy?
Of the 19 analysts tracking Duke Energy (DUK) stock, two have recommended a “strong buy,” and five have rated it a “buy.”
Is Duke Energy’s Dividend Yield Attractive?
As of September 20, Duke Energy (DUK) was trading at a dividend yield of 4.6%.
Is AEP Stock Trading at an Attractive Valuation?
American Electric Power (AEP) stock is currently trading at an enterprise-value-to-EBITDA valuation of 11.0x.
American Electric Power: Analyst Recommendations, Price Targets
Among the 18 analysts covering American Electric Power (AEP), six recommend a “hold,” and eight recommend a “buy.”
Utilities Stocks Fell after the Recent Rally
Utility stocks took a breather from their recent rally and fell more than 3% on July 9. Utilities managed to gain in 13 of the last 15 trading sessions.
How Analysts Currently Rate Dominion Energy Stock
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.
American Electric Power: Institutional Activity Up, Stock Down
As of March 31, the Vanguard Group held 7.7% of AEP’s total outstanding shares. It added net 0.7 million shares in the first quarter.
AEP Stock: What to Expect in 2018
According to analysts, American Electric Power stock has a mean target price of $73.66—compared to its current market price of $66.27.
Oracle Utilities Forms a Strategic Partnership with AEP
Oracle exited fiscal 2017 with nearly $37.7 billion in revenues, up 2.0% year-over-year.
American Electric Power Stock’s Current Valuation
American Electric Power (AEP) stock is currently trading at an EV-to-EBITDA valuation of 10x, while its five-year historical valuation comes in around 10x.
What’s Next for American Electric Power Stock?
Among the total 18 analysts covering American Electric Power (AEP), seven recommend it as a “hold,” seven recommend it as a “buy,” four recommend it as a “strong buy,” and none recommend it as a “sell” as of March 7.
Analysts’ Views and Price Targets for Duke Energy and Peers
Analyst price target According to Wall Street analysts’ consensus, Duke Energy (DUK) stock has a mean price target of $82.30 and a current market price of $77.20, suggesting upside potential of 6.5% in the next 12 months. Among the 18 Wall Street analysts tracking Duke Energy on February 26, 2018, one had recommended “strong buy,” four had recommended “buy,” […]
American Electric Power’s Total Returns Compared to Its Peers
In the last year, American Electric Power returned 21%—compared to broader utilities’ average returns of ~11%. During the same period, SPY returned 22%.
How Does AEP’s Valuation Compare to Its Peers?
American Electric Power (AEP) stock is trading at an EV-to-EBITDA valuation of 10.8x, while its five-year historical average valuation is ~10x.
Moody’s Downgrades Could Fuel a Fall in Utilities
Citing negative impacts of lower taxes, rating agency Moody’s downgraded 25 US regulated utilities on January 19, 2018.
How AEP Stock Performed Compared to Peers This Year
American Electric Power (AEP) is the sixth largest utility with a $36 billion market capitalization.
A Look at Institutional Investors’ Activity in AEP in 3Q17
Institutional activity in AEP In this series, we’ve looked at institutional investors’ activity in the top S&P 500 utilities during 3Q17. As the trend suggests, institutional investors have increased their position in Ohio-based utility American Electric Power. The Vanguard Group was the biggest institutional investor in AEP, with a 7.2% stake at the end of […]
Why AEP’s Payout Ratio Is Concerning Investors
American Electric Power (AEP) has a solid dividend payment history.
AEP Aims for Average Dividend Growth
As we discussed earlier, American Electric Power (AEP) has increased its dividends in line with the industry average in the last five years.
Understanding Dominion’s Price Targets ahead of Its 3Q17 Results
Among the 17 analysts tracking Dominion, 13 recommend the stock as a “hold,” while two recommend a “strong buy,” and two recommend a “buy.
Overview: Proposal could shift electricity generators’ asset-mix
Major power companies have noted that they’re in the process of shifting their portfolios away from coal towards natural gas.
Looking at Duke Energy’s Generation Mix
In 2008, coal accounted for almost half of the total power generation in the country, while coal-fired generation made up 30% of total power in 2016.
Dominion Energy’s Target Prices and Growth Outlook
Dominion Energy (D) has a target price of $79.31—compared to its current market price of $77.86, which implies an estimated gain of 2%.
American Electric Power’s Dividend Yield Compared to Peers
American Electric Power (AEP), one of the largest utilities in the country, has declared a dividend of $0.59 per share for the third quarter of 2017.
A Look at PPL’s Price Targets and Analyst Recommendations
Among 16 analysts tracking PPL, 14 recommend the stock as “hold,” and four recommend it as a “strong buy.”
NextEra Energy: Analysts’ Recommendations and Target Price
According to Wall Street analysts’ consensus, NextEra Energy (NEE) is expected to have a potential gain of more than 4% going forward.
NRG Energy’s Implied Volatility Is Rising
On April 28, 2017, NRG Energy (NRG) had the highest implied volatility among the stocks in the Utilities Select Sector SPDR ETF (XLU).
Options Traders: Which Utility Stocks Are Favorites?
On March 28, 2017, NRG Energy (NRG) had the highest implied volatility among the companies that make up the Utilities Select Sector SPDR ETF (XLU).
Utilities Will Be Impacted by Repealing Climate Policies
Many utilities (XLU) such as American Electric Power (AEP), Southern Company (SO), and Duke Energy (DUK) have a coal-dominated generation mix.
Clean Power Plan Could Be Scrapped: The Impact on Utilities
The EIA projects that natural gas (UNG) prices and climate policies will likely drive the US power generation mix going forward.
Which Utility Stocks Have the Highest Implied Volatility?
On February 15, 2017, NRG Energy had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
How Do Analysts View Dominion Resources’s Dim Outlook for 2017?
Analysts expect a 9.2% rise in Dominion Resources (D) over the next year.
Dominion Resources’ 4Q16 Revenues Rose 20% but Stock Fell 6%
Dominion Resources (D) reported its 4Q16 and fiscal 2016 results on February 1, 2017. The Virginia-based power and energy company reported ~$3.1 billion in revenues, ~20% higher than its 4Q15 revenues.
How Analysts Rate American Electric following Its 4Q16 Earnings
According to Wall Street analysts, American Electric Power (AEP) has a mean price target of $67.08, which implies an estimated upside of 7% in the next year.
American Electric’s 4Q16 Revenue Rises 5% Year-over-Year
American Electric Power reported its 4Q16 and 2016 financial results on January 26, 2017. It reported total revenue of $3.8 billion in 4Q16, a rise of 5% over $3.6 billion in 4Q15.
How Is Southern Company Valued?
Southern Company (SO) is currently trading at an EV-to-EBITDA valuation of 12x. Its five-year historical average valuation multiple is 11x.
Inside NextEra Energy’s Latest Price Targets
NextEra Energy (NEE) is looking at an estimated gain of 14% through next year—one of the highest among the S&P 500 utilities.
How Is NextEra Energy Valued before Its 4Q16 Results?
On January 19, 2017, NextEra Energy (NEE) was trading at an EV-to-EBITDA ratio of 11x. Its five-year historical average valuation multiple stands near 11x.
Why NextEra Energy Likely Continued Its Strong Performance in 4Q16
Renewables giant NextEra is estimated to report total revenues of ~$4.6 billion for 4Q16, as compared to total revenues of just over $4 billion in 4Q15.
What’s Ahead for American Electric Power Stock?
On January 18, 2017, American Electric Power (AEP) stock was trading at a 4% premium and 1% discount to its 50-day and 200-day moving averages, respectively.
What Are AEP’s Price Targets ahead of 4Q16 Earnings?
According to Wall Street analysts, American Electric Power (AEP) has a median price target of $66.81, which implies an estimated upside of 5% in the next year.
What’s American Electric Power’s Current Valuation?
Just like many other utility companies, American Electric Power (AEP) rallied sharply in the first half of last year but fell in the latter half.
Will American Electric Power Beat 4Q16 Earnings Estimates?
According to analyst estimates, American Electric Power (AEP) will report earnings of $0.54 per share.
Volatile Utility Stocks That Have Been Moving Lately
NRG Energy has risen 6.9% on a year-to-date basis. It has the highest implied volatility of all the utility companies that make up the Utilities Select Sector SPDR ETF.
Which Volatile Utility Stocks Have Been Moving Lately?
NRG Energy fell 1% on a YTD basis. It has the highest implied volatility of all the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Growth Prospects and Analyst Price Targets for Duke Energy
The consensus price target for Duke Energy (DUK) for the next year is $80.88, which implies an upside of 9.5% from its current market price of $73.88.
Why Does Duke Energy Yield Better Than the Industry Average?
Duke Energy is one of the highest-yielding S&P 500 Utilities stocks. Its large regulated operations fetch stable earnings and offer stable dividends.
AEP, DUK, and SO: Are Utilities Trading Cheap?
Investors may find US utilities cheaper compared to where they were a couple of months ago.
What’s Next for American Electric Power’s Stock?
Market performance American Electric Power (AEP) has lost nearly all its gains of early 2016 in the last couple of months. A similar weakness was echoed in utilities too. The Utilities Select Sector SPDR (XLU) is trading 4% above its levels a year ago. Importantly, chances of utilities rallying look slimmer now due to the […]
SO, DUK, and AEP: Analyzing Top Utilities’ Current Valuations
On November 23, 2016, Southern Company was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of slightly more than 12x.
How Is CMS Energy’s Return on Equity Compared to Its Peers’?
CMS Energy (CMS) has consistently obtained an average return on equity (or ROE) of near 13%, largely due to its higher rate base growth.
A Look at NextEra Energy’s Return on Equity
NextEra Energy’s consolidated ROE has stayed above 12% for a couple of quarters—higher than the authorized ROE of 11% and the industry average of 10%.
Is American Electric Power Poised for Long-Term Growth?
The steep rally of utilities ended after investors offloaded the stock based on valuations. The Fed’s projected interest rate hike is a key driver.
Understanding the Total Returns of Top US Utilities
American Electric Power (AEP) has returned nearly 25% in the past year. The stock has rallied more than 12% since the start of 2016.
How Does American Electric Power’s Credit Profile Look among Peers?
At the end of 2Q16, AEP had total debt of $21.6 billion. Its DE ratio stands at 1.2x, while its debt-to-market-capitalization ratio is 0.7x.
Will Exiting Merchant Generation Positively Impact AEP’s Earnings?
The volatility contribution from AEP’s Merchant segment is expected to fall in the next few quarters, with just 2.7 MW of merchant capacity left.
Inside American Electric Power’s Troubling Generation Mix
American Electric Power (AEP) has a coal-heavy generation mix. In the past 15 years, it has managed to reduce its coal generation by a mere 20%.