DTE Energy Co.
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.
Why Investors Flocked to Utilities amid Broader Market Turmoil
The slow-and-steady utilities sector was the top performer yesterday when the broader markets fell 3%.
Where CMS Energy’s Dividend Growth Stands among Peers
Over the past five years, CMS Energy has raised its per-share dividend by 8.1%, compounded annually.
Analysts’ Views and Price Targets for SCANA Corporation
According to Wall Street analysts, SCANA Corporation (SCG) has a mean price target of $56.06 against its current market price of $49.11.
Xcel Energy’s Diversified Operating Territories
Xcel Energy (XEL) has a market capitalization of $23 billion and appears to be one of the potentially attractive utility stocks in 2017.
Inside NiSource’s Current Dividend Yield
A $7-billion company, NiSource is currently trading at a dividend yield of 3%, while the Utilities Select Sector SPDR yields 3.5%.
Understanding NiSource through Analyst Price Targets
NiSource (NI) has a one-year median price target of $24.04, as compared to a current market price of $22.70.
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).
Inside CMS Energy’s Price Targets ahead of 4Q16 Results
CMS Energy (CMS) has a mean price target of $44.33 for the coming year. This implies an estimated upside of 5.6%.
How CMS Energy Is Valued Compared to Peers
Midsize utilities including CMS Energy (CMS) rallied more steeply in 2016 than their large-cap peers, trading at a hefty premium throughout 2016.
Can CMS Energy Beat Analysts’ 4Q16 Earnings Estimates?
CMS is expected to earn $0.29 per share for the quarter ended December 31, 2016. CMS earned $0.38 per share in the fourth quarter of 2015.
Analyzing Utility Stocks’ Implied Volatilities
On January 11, 2017, NRG Energy had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
A Look at CenterPoint Energy’s Price Targets and Outlook
According to analysts’ estimates, CenterPoint Energy (CNP) has a price target of $24.50, which implies a downside of more than 1% during the next year. It is currently trading at $24.76.
Where Is CenterPoint Energy Stock Going in the Short Term?
CenterPoint Energy (CNP) stock is approaching a 52-week high as it closed at $24.76 on December 27, 2016. It is trading a few percentage points short of its previous 52-week high of $24.98.
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).
Returns of Utilities with High and Low Implied Volatilities
NextEra Energy (NEE) has the lowest implied volatility of all the utility companies that are part of XLU. Its YTD returns are 20.5%.
CMS Energy Consistently Outperformed Peers in the Past 10 Years
CMS Energy (CMS), a $12-billion company, has consistently outperformed utility peers and S&P 500 for the last decade.
Expect Smart Dividend Growth from CMS in the Next Few Years
As one of the fastest growing utilities, CMS Energy (CMS) is expected to have impressive dividend growth for the next two years, beating its peers.
Comparing the Dividend Yields of CMS Energy and DTE Energy
CMS Energy (CMS) has paid dividends of $0.93 per share so far in 2016. Currently, it’s trading at a dividend yield of 2.8%.
Why CMS Energy Is Targeting Above-Average Earnings Growth
$12 billion CMS Energy has one of the highest earnings growth rates in the industry. The company forecasts that it will grow 5%–7% in 2016 and 6%–8% thereafter.
How Does NiSource’s Credit Profile Compare?
At the end of the second quarter of 2016, NiSource (NI) had a total debt of $7.3 billion.
Is NiSource’s Valuation Considered Fair?
NiSource (NI) was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 11.2x as of September 6, 2016.
A Look at NiSource’s Short Interest and Technical Indicators
As of September 6, 2016, NiSource (NI) was trading at a 4% discount and a 6% premium to its 50-day and 200-day moving averages, respectively.
What Centerpoint Energy Has in Store for Its Investors
According to analyst estimates, CenterPoint Energy (CNP) has a one-year median price target of $24.50. That implies a possible upside of 9.3%.
Analyzing CenterPoint Energy’s Forward Dividend Yield
Currently, CenterPoint Energy (CNP) is trading at a forward dividend yield of 4.6%. CenterPoint Energy is trading marginally below its historical forward yield.
What Do CNP’s Short Interest, Technical Indicators Suggest?
CenterPoint Energy (CNP) broke below its 50-day moving average in early August and has been trading weakly since then. It’s currently trading at a 4% discount.
How Are Utilities Stocks Valued after the Recent Correction?
Though Xcel Energy is fairly valued compared to its historical average, it’s still at a premium compared to the industry average.
Where Will WEC Energy Stock Go from Here?
WEC Energy Group’s (WEC) stock hit alarming levels when it entered oversold territory last week.
Is CenterPoint Energy Fairly Valued after Recent Correction?
CenterPoint Energy (CNP) is trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 8.7x as of August 8, 2016.
Why Are Brokers Positive about CenterPoint after 2Q Earnings?
CenterPoint Energy (CNP) has a one-year median price target of $24.58 compared to its current market price of $22.71.
Is Xcel Energy Attractive despite Its Muted Price Targets?
Of the 17 analysts tracking Xcel Energy, 11 recommend it as a “hold” and four recommend it as a “buy.” Two analysts recommended it as a “sell” on August 3, 2016.
Brokers’ Recommendations for NiSource after Its 2Q16 Earnings
According to Wall Street analysts’ estimates, NiSource (NI) has a one-year median price target of $25.11 compared to its current market price of $25.94.
Returns of Utility Stocks with High and Low Implied Volatility
Southern Company (SO) has the lowest implied volatility figure of all the utility companies. Its YTD returns are 14.4%, while its five-day returns are 0.39%.
Xcel Energy’s Challenges, Guidance, and Gloomy Price Targets
Of the 17 analysts tracking Xcel Energy, 11 recommend it as a “hold” and four recommend it as a “buy.” Two analysts recommended it as a “sell” on July 26, 2016.
A Look at Xcel Energy’s Net Plant by Function
Xcel Energy’s generation is still inclined toward coal. It generates nearly 50% of its power using coal (KOL), which may concern investors if the Clean Power Plan is implemented.
Is DTE Energy Poised for Long-Term Growth?
According to analyst estimates, DTE Energy (DTE) has a median price target of $101.60 for next year. This implies an upside of nearly 4% against its current Market price of $98.
Electric, Pipeline Segments Boost DTE Energy’s 2Q Performance
DTE Energy (DTE) reported its second quarter earnings on July 26, 2016. It reported revenues of $2.2 billion, nearly the same as 2Q15 revenues.
Earnings Drivers That Bode Well for WEC’s Long-Term Growth
WEC Energy Group’s (WEC) management reiterated its earnings growth target of 6%–8% for 2016 and 5%–7% thereafter, considering its Integrys acquisition.
Inside AES Corporation’s Focus on Fuel Mix and Sales Mix
AES Corporation has 35,876 MW spanning 17 countries. Nearly 27,000 MW of that is operational, and AES is dependent on coal for most of its power generation.
Energy Sources: Capacity Factor and Capacity Additions
Capacity additions in wind power have been quite volatile over the past few years due to uncertainty over tax incentive policies.
Understanding Utilities in the Long Term despite Minor Price Targets
Energy efficiency programs have pressed utilities’ top lines. Weather has also hurt sales, and the electric business has seen negligible growth.
Is WEC Energy’s High Leverage after Buying Integrys a Risk Alert?
As of December 31, 2015, WEC Energy’s debt-to-EBITDA multiple was 5.7x. Its three-year historical debt-to-EBITDA multiple is near 4.4x.
Which of Its Businesses Does Eversource Expect Will Drive Growth?
In 2015, many utilities reported negative sales growth due to unfavorable weather in the US. Eversource posted a nearly 11% revenue fall compared to 2014.
Xcel Energy’s Challenges, Guidance, and Depressing Price Targets
According to analysts, Xcel Energy has an expected downside of 6% in the next one year. It has a price target of $39.43 against its current market price of $41.82 as of March 31, 2016.
Utilities Are Trading at a Premium: Is a Correction Possible?
Xcel Energy (XEL), a $21 billion utility, hit an all-time high on March 31, 2016, and closed at $41.82. It has outperformed utilities by a huge margin, rising 20% so far this year.
Why Is Xcel Energy’s Rising Debt So Concerning?
At the end of the fourth quarter of 2015, Xcel Energy’s total debt stood at $13 billion. Its debt-to-equity ratio was 1.3x, and its debt-to-capitalization ratio was 0.6x.
A Look at Xcel Energy’s Geographical Presence and Operations
Xcel Energy (XEL) is aiming to improve its earnings by reducing its regulatory lag. Regulatory lag for a utility is the difference of time between capital spending and rate recovery.
DTE Energy’s 12-Month Returns Track Utilities Sector
Investors are hoping DTE Energy’s (DTE) rally will last a tad longer as it nears its all-time high. So far in 2016, it has rallied 14%, while utilities rose 12%.
Could DTE Energy’s Recent Climb Make It Too Expensive?
The sudden surge in DTE Energy’s forward multiple can be explained by its rally early this year. It was in line with the utility sector’s rally triggered by the FOMC’s January meeting.
Why Is DTE Energy Trading below Its Historical Average?
Currently, DTE Energy (DTE) is trading at a discount compared to its own three-year historical forward dividend yield. Its smooth rally in the last six months could be one of the reasons.
Why Is DTE Energy Expecting Better Sales This Year?
In 2015, non-utility operations contributed nearly 40% to DTE Energy’s (DTE) operating revenues. This is expected to increase due to DTE’s aggressive focus on its midstream segment.
Can DTE Energy’s Non-Utility Segment Play Key Role in Growth?
DTE Energy (DTE) is Michigan’s largest electric utility. But its non-utility segment could be the key factor driving DTE’s growth in 2016.
Ingersoll Rand Hopes to Help the Planet in the Long Term
Ingersoll Rand’s (IR) mission is help solve some of the world’s most pressing challenges, including the unsustainable demand for energy resources and the impact on greenhouse gas emissions.
What Are Ingersoll Rand’s Shareholder-Friendly Measures?
In fiscal 2015, Ingersoll Rand (IR) paid around $303 million in dividends to shareholders. With the share buybacks, IR has effectively given back $553 million to shareholders in 2015.
What Does Ingersoll Rand Do?
According to Ingersoll Rand’s fiscal 4Q15 earnings, total revenue geographically was 66% from the United States, 5% from Latin America, 14% from Asia, and 15% from Europe and the Middle East.
PPL’s UK Segment’s Earnings Improved in 2015
PPL has utility operations spread over the eastern United States and the United Kingdom. It derives more than half of its earnings from its UK operations.
Utilities Get Off to a Good Start this Year, Gained in January
After a lackluster performance in 2015, utilities have started off better this year. Conservative investors have turned back to safe-haven utilities after considering the volatility in global markets.
Will DTE Energy Follow Midwest Utilities in 4Q15?
Michigan’s largest utility, DTE Energy Company, is set to report its 4Q15 earnings on February 10, 2016. Utilities from the US Midwest that have reported their 4Q15 earnings so far have faltered due to milder weather during the quarter.
All of SPY’s Sectors Ended in the Red as Oil Struggles Persisted
All the sectors of the SPY turned red on the day. Stocks belonging to the consumer discretionary sector, the technology sector, and the energy sector saw major drops.
Why DTE Energy Can Offer Attractive Dividends
DTE Energy’s dividends play a significant part in terms of returns to shareholders. The company currently has a high dividend yield of 3.5%.
DTE Energy: Stock’s Negative Reaction After It Beat Estimate
DTE Energy reported its 3Q15 earnings on October 23, 2015, with an adjusted EPS of $1.40 in 3Q15, higher than Wall Street analysts’ expectation of $1.25.
The international operations of SunCoke Energy
SunCoke started its coke making plant in Victoria, Brazil, in 2007. In March 2013, it formed a joint venture to run a coke making plant in India.
AES to complete exit of 9 countries by 2015
AES Corporation (AES) has operations in 20 countries across five continents. This does not help the company achieve an economy of scale.
Exelon’s 3Q14 results beat Wall Street estimates again
Exelon’s revenue for the quarter was $6.9 billion, beating estimates by more than 21%. This is the second successive quarter that Exelon’s surprised Wall Street with higher-than-estimated earnings.