Duke Energy Corp.
Best Hydroelectric Stocks for Renewable Energy Investors in 2021
A Look at Analysts’ Views and Price Targets on Southern Company
According to Wall Street analysts, Southern Company (SO) has a price target of $51.22 compared with its current market price of $51.53. This implies an estimated downside of 0.6%.
Are These Utilities’ Earnings Enough to Attract You?
US utilities (XLU) are targeting average annual earnings growth of 4%–6% for the next few years.
Why Southern Company trades at a lower valuation to its peers
Forward EV/EBITDA is another way to interpret relative valuation. Southern Company has an EV/EBITDA multiple of 10.8x.
What Investors Should Know about Dominion Energy’s Dividends
Dominion Energy’s (D) payout ratio (the percentage of profit that it gave away in the form of dividends) was 81% in 2016, which is higher than the industry average and slightly on the lower side of its five-year payout average of 85%.
Is AES Fairly Valued ahead of Its 4Q16 Earnings?
AES Corporation (AES) has rallied steeply in the last year, rising more than 21%. The Utilities Select Sector SPDR ETF (XLU) has risen nearly 8% in the same period.
DUK, AWK, FE: Why These Utility Stocks Are in Focus
NRG Energy (NRG) has risen 23.1% in the past year, the most among high-volatility utility stocks.
Analyzing US Regulated Utilities’ Total Returns
US mid-size regulated utilities outperformed their bigger counterparts in the past year. Their rally was much steeper—this boosted total returns.
Are US Utilities Both Safe Havens and Overvalued?
The rush to US utilities despite their already stretched valuations indicates their safe-haven appeal amid global turmoil.
Utilities with Maximum Returns in the Last Five Years
NextEra Energy (NEE), the biggest component of the Utilities ETF (XLU), had total returns of 130% in the last five years.
How Did the Markets React to the Fed’s Rate Hike?
For the past month or so, several equity investors have anticipated a rate hike and factored it into stock prices, readying their portfolios for the event.
A Detailed Analysis of JPMNX’s Low-Volatility Holdings
Apart from JPMNX’s long positions, the fund’s portfolio is also made up of short holdings in the financial, IT, and healthcare sectors.
AES Corporation’s New Strategic Initiatives
AES Corporation is actively increasing its generating capacity. As of June 30, 2015, 5,819 MW of projects are under construction.
Central Industrial and Southeast regions lead slump in electricity production
For the week ended December 26, 2014, each of the divisions across the United States reported a drop in electricity production on a week-over-week basis.
Large Global Presence Dragged AES’s Stock Performance in 2015
The rallying US dollar has marred AES’s earnings. This has been reflected in its stock performance. AES has lost more than 18% in the last 12-month period.
How Top Utility Stocks Fared in the First Half of 2018
The utility sector, among the most vulnerable to interest rate hikes, seems strong despite the rate hike in mid-June.
Strong Dollar Will Likely Drag AES Corporation’s 4Q15 Numbers
In 4Q15, AES Corporation is expected to report earnings of $0.33 per share in 4Q15—compared to earnings of $0.41 per share in 4Q14.
A Look at American Electric Power’s Healthy Credit Profile
American Electric Power (AEP) has an attractive debt profile, with the company’s debt making up just 7% of its consolidated debt.
NextEra Energy: A Look at Analysts’ Price Targets
According to Wall Street analysts, NextEra Energy (NEE) has the potential to rise 11% during the next year.
How Dominion Energy’s Dividend Profile Compares to Peers
Dominion Energy (D), the third-largest utility, declared a per share dividend of $0.84 per share for 1Q18 last month.
Generation Capacity Additions: Which Source Will Lead in 2016?
New power generation capacity additions in 2015 were mainly contributed by wind, natural gas, and solar. This trend is expected to persist in 2016 as well.
Most Analysts Recommend a ‘Buy’ on Exelon
Exelon (EXC) expects that dismal load growth may continue in 2016. This dismal growth could be partially offset by customer base growth.
Will AES’s Unstable Earnings Even out Soon?
AES’s management forecasts an 18% fall in EPS (earnings per share) this year due to currency fluctuations and weaker power prices globally.
Duke set to triple solar power capacity
The three solar projects approved for construction will have a capacity of 128 MW to add to Duke Energy’s total generation capacity.
What Are Institutional Investors Doing with NRG Energy?
Institutional investors decreased their positions in NRG Energy (NRG) in June 2016.
Southern Company and Duke Energy’s Payout Ratios
For the last 12 months, Southern Company’s (SO) payout ratio was ~76%, while Duke Energy’s (DUK) ratio was close to 97%.
Will Duke Energy Stock Continue to Recover?
Currently, Duke Energy (DUK) stock is trading 3% above its 50-day moving average and 3% below its 200-day moving average.
NextEra Energy and Dominion Energy: How Do They Stack Up?
US utilities seem to be at a critical juncture at the moment.
What Could Trigger a Utilities Rally and Help Duke Energy?
So far in 2016, Duke has risen more than 10%, in line with its peer utilities (XLU). The Fed’s status quo on interest rates in its April meeting may prompt a further utilities rally.
How Duke Energy’s Dividend Growth Has Trended
Duke Energy’s (DUK) dividend growth rate in the last five years was well below the industry average.
Xcel Energy’s Valuation and Total Returns
Xcel Energy’s (XEL) stock outperformed peers in the last year. In this period, it gained more than 8% while the Utilities Select Sector SPDR (XLU) rose more than 2%.
Utility Sector: Will Investors Continue Their Defensive Positions?
The Utilities Select Sector SPDR ETF (XLU), which tracks the performance of the utility sector, rose 2.7% in November 2017.
Duke Energy Expects Higher Dividend Growth
Duke Energy (DUK) aims to increase its dividend per share 4%–6% annually for the next few years, which is in line with the industry average.
Top Utilities’ Total Returns in the Past Year
NextEra Energy (NEE) leads the pack with total returns of 21% in the past year. NextEra Energy increased its dividend per share 13%.
Dynegy: Aggressive Expansion Could Get the Stock Back on Track
Dynegy (DYN) has taken an aggressive stance from the last couple of quarters and has added several power generation assets to its current portfolio.
Figuring Out Which Is Better: Utility Stocks or ETFs?
Though electric sales have shown flattish growth in the last few years, US utilities have managed to distribute stable or increasing dividends.
No Analysts Recommend a “Sell” on Xcel Energy
Of the 18 analysts tracking Xcel Energy, 13 recommend it as a “hold,” five recommend it as a “buy,” and none recommend it as a “sell.”
AES Missed Revenue 3Q15 Estimate, Stock Fell 8.7%
AES (AES) reported its 3Q15 earnings on November 5, 2015, posting revenue of $3.7 billion, lower than analysts’ expectation of $5.4 billion. It was 16.2% lower than 3Q14 revenue of $4.4 billion.
How Has Duke Energy Performed Recently?
Duke Energy stock is currently trading at an EV-to-EBITDA valuation multiple of 12.5x against its five-year historical average of 11.0x.
These US Utilities Are Trading at Towering Valuations
Dominion Energy’s (D) five-year average valuation multiple is around 14x, while the industry average is near 10x.
NEE, DUK, SO, and D: Analysts’ Views and Target Prices
Analysts expect an upside potential of almost 10% from NextEra Energy (NEE) stock based on the median target price of $186.1.
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).
Utilities Debt: A Growth Driver or a Risk Alert?
Utilities borrowed heavily in the post-financial crisis in order to take advantage of the near-zero interest rates. As a result, the leverage of utilities increased significantly
Adage Capital adds a new position in Mallinckrodt
Adage Capital added a new position in Mallinckrodt Plc (MNK) in the third quarter of 2014. The position accounted for 0.82% of the fund’s total portfolio.
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.
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.
What’s Ahead for Duke Energy Stock?
Duke Energy rallied 9% in 2016, roughly tracking the Utilities Select Sector SPDR. Dominion Resources rose 12% in 2016, while Peer NextEra Energy rose 15%.
Where US Utilities Might Go from Current Levels
Weakness in utilities became evident when the Utilities Select Sector SPDR (XLU) corrected more than 6% after hitting its recent high of $54.63 last month.
Huge Rise in FirstEnergy’s Short Interest: What It Means
Short interest in FirstEnergy rose more than 17% on March 15, 2017. Total shorted shares in the company were 8.7 million on February 28, 2017.
This Utility Is Growing Fastest among Peers
Despite the flat electricity demand growth in the past eight or so years, US utilities’ earnings have grown steadily.
Analyzing Top Utilities’ Current Valuation
Currently, utilities are trading at a PE (price-to-earnings) multiple of 13x—compared to their historical average valuation of ~14x–15x.
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.
How Analysts See Dominion Resources ahead of Its 4Q16 Earnings
Of the 21 analysts tracking Dominion Resources on January 20, 2017, four recommended it as a “strong buy,” while three recommended it as a “buy.”
What Factors Triggered NiSource’s 2Q16 Earnings?
NiSource (NI) reported its 2Q16 earnings on August 2, 2016. It reported net operating earnings of $0.08 per share in the quarter.
Analysts Expect Huge Upside Potential in PPL Stock
According to analysts’ consensus, PPL (PPL) stock offers a handsome potential upside of ~22% in a year with a mean target price of $33.5.
S&P 500 Utilities with Above-Average Dividend Yields
On March 21, 2018, the Fed, under the chairmanship of Jerome Powell, delivered its first 2018 rate hike of a quarter of a point.
What Does Southern Company’s Forward Yield Tell Us?
As of June 28, 2016, Southern Company (SO) is trading at a forward dividend yield of 4.4%.
Southern Company Stock Surges after Its 2Q17 Earnings
At 4.8%, Southern Company is currently the highest-yielding utility among the top utilities in the sector.
Which Utility Will Pay Higher Dividends in 2017?
NextEra Energy (NEE) paid annual dividends of $3.48 per share in 2016, while Southern Company (SO) paid $2.22 per share last year.
SO, NEE, and DUK: Looking at Top Utilities’ Price Targets
Let’s have a look at the price targets for top utilities in this part of our series. According to Wall Street analyst consensus, Southern Company (SO) stock has a price target of $51.47.
What Do Analysts Think of Southern Company?
Analysts have given Southern Company (SO) a consensus price target of $50.81 for the next year. This price target indicates a potential fall of 0.4%.
What to Expect From NextEra Energy and Its Peers in Q2
NextEra Energy (NEE) will likely report its second-quarter earnings on July 24. The utility is expected to report an EPS of $2.28 for the quarter ended June 30.
Why Duke Energy is the largest electric utility in the US
Duke Energy Corporation (DUK) is a heavyweight in the U.S. electric utilities industry. It mainly operates in the U.S. and Latin America. In 2013, its operations had $24.6 billion in revenue.
Will US Utility Mergers and Acquisitions Increase after Brexit?
Investors may prefer to remain safe during turbulent times and could turn to utilities as Brexit becomes a reality.
NRG Energy’s Price Targets and Analyst Recommendations
According to Wall Street analysts, NRG Energy’s (NRG) price target for the next year is $20.36. That implies an estimated rise of nearly 12.0%.
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.
Which Utility Will Pay Higher Dividends in 2017?
NextEra Energy (NEE) paid dividends of $3.48 per share in 2016. In 2017, it’s expected to pay dividends of $3.93 per share.
Key Factors That Could Drive PPL’s 2Q17 Earnings
PPL Corporation (PPL) is expected to report earnings per share of $0.48 for 2Q17. In 2Q16, the utility earned $0.56 per share.
How PPL Stock Is Valued following Its 1Q18 Earnings
Currently, PPL Corporation is trading at a PE (price-to-earnings) multiple of 13.5x compared to its five-year historical average of near 14x.
How Hurricane Irma Affected Duke Energy’s 3Q17 Earnings
Duke Energy reported total revenues of $6.5 billion in 3Q17 against its revenues of $6.8 billion in the corresponding quarter last year.
Which Utility Delivered the Highest Total Returns This Year?
Although utilities’ total returns were dominated mostly by stock appreciation this year, stable and increasing dividends were also an important factor.
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.
What Do Brokers Think of AES before 2Q16 Earnings?
Wall Street analysts have given AES (AES) an estimated median price target of $13. It implies a possible upside of 3% in the next year.
How AES’s Dividend Yield Stacks Up with Peers
AES (AES) declared a per share dividend of $0.13 on October 12.
Duke Energy’s Q4 Earnings Fall 11%, but Revenues Rise 6% YoY
Duke Energy (DUK), the second-largest utility by market cap, released its fourth-quarter and full-year 2018 earnings today.
NEE, DUK, SO, and D: Comparing Top Utilities’ Total Returns
NextEra Energy (NEE) beat its peers in terms of returns in the last few years. NextEra Energy returned 14% in 2018.
Understanding Duke Energy’s Price Target
Analysts estimate that Duke Energy has a one-year price target of $80.4, which implies an estimated upside of ~3.5% from its current market price of $77.75.
D, DUK, NEE, and SO: Top Utilities’ Dividends
Dominion Resources (D) paid annual dividends of $2.80 in 2016. Duke Energy (DUK) paid dividends of $3.36 per share last year.
Utility Stocks Slipped, Treasury Yields Raced to a Record High
US utility stocks slipped 0.8% on May 15 after ten-year Treasury yields peaked at 3.1%—a seven-year high. Broader markets also corrected 0.7%.
Utilities Sector: Stock Market Update for Week Ended July 17
Of the 41 utilities stocks we track, 30 gained during the week ended July 17. A positive Greek deal cheered markets globally, and dovish comments by the Fed pushed mid-to-long-term bond yields down.
How Duke Energy’s Dividend Yield Fares against Its Peers
Duke Energy (DUK), the second-largest utility by market capitalization, has paid dividends to its shareholders for 368 consecutive quarters.
DUK, SO, and PPL: How Are Top US Utilities Valued Currently?
Duke Energy (DUK) has corrected more than 12% since July 2016. The Utilities Select Sector SPDR (XLU) has also witnessed similar weakness during this period.
Don’t Be Deceived by SCANA’s 5.3% Dividend Yield
SCANA (SCG) is now the highest-yielding S&P 500 Utility stock with a dividend yield of 5.34%. But the yield has increased due to its stock’s recent fall.
FirstEnergy’s Current Valuation Compared to Its Peers
On November 8, FirstEnergy stock was trading at an EV-to-EBITDA valuation multiple of 8.5x. Its five-year historical valuation average is close to 9.0x.
Analyzing NextEra Energy’s Dividend Yield
In 1Q17, NextEra Energy paid dividends of $0.98 per share, which implies annualized dividends of $3.93 per share. Its dividends rose 13% compared to 4Q16.
What’s AES’s Dividend Yield?
AES’s (AES) dividend yield has significantly improved in the last few years.
How Duke Energy Stock Is Valued Compared to Its Peers
Duke Energy is the second-largest utility holding company by market capitalization in the country. The stock hasn’t been active for the last few months.
AES Has Paid Attractive Dividends: Can It Continue?
At $7.0 billion, AES is one of the smallest utilities among the S&P 500 Utilities (XLU). Its dividend growth in the last few years has been remarkable.
NEE Has One of the Cleanest Generation Mixes in the US
NextEra Energy (NEE) has one of the cleanest generation mixes among peers.
Top Utilities’ Historical Dividend Growth
On average, utilities increased their dividend per share ~4% compounded annually in the last five years.
How Dominion Energy Stock Is Valued versus Peers
Dominion Energy (D) stock currently looks attractively valued. It’s trading at a forward PE of 17.5x against its five-year historical average PE of 24x.
Utilities Continued to Rise, Trade War Fears Hit the Markets
The Utilities Select Sector SPR ETF (XLU) continued its uptrend for the sixth consecutive day and rose 1.7% on June 25.
How Xcel Energy’s Payout Ratio Stacks Up
Xcel Energy’s dividend statistics Let’s take a look at Xcel Energy’s (XEL) dividend profile. The company, which has raised its dividends in the last 15 consecutive years, had a payout ratio of 63% in 2017. Payout ratios represent how much of companies’ profits are distributed to shareholders in the form of dividends. Utilities pay a large portion […]
Xcel Energy’s Dividends: What You Need to Know Now
XEL increased its quarterly dividends from $0.34 to $0.36 per share in 1Q17, and this increase implies an annualized dividend payout of $1.44 per share in 2017.
How NextEra Energy’s Free Cash Flows Compare to Peers
US utilities’ (XLU) free cash flows have been pressured in the last few years due to increasing capital expenditures and decreasing operating cash flows.
XLU: How US Utilities Are Currently Valued
So far, US utilities have had a decent run this year. The Utilities Select Sector SPDR ETF (XLU) has risen more than 14%.
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.
A Look at Southern Company’s Expected Dividend Growth
US utilities (XLU) plan to increase their per share dividends 4.0%–6.0% annually going forward. That’s in line with their target earnings growth for the next few years.
Xcel Energy’s 4Q16 Revenues Rose 5%, Missed Estimates
Xcel Energy (XEL) reported its 4Q16 and fiscal 2016 financial results on February 2, 2017. It reported total revenues of $2.8 billion.
Must-know: US power sector and its indicators
The power sector is the backbone of any economy. All of the other industries depend on it. In the U.S., the power utilities business is characterized by steady dividends and stable earnings.