Consolidated Edison Inc
A Look at Electricity Generation by Region
Electricity generation in the United States came in at 72.7 million MWh (megawatt-hours) in the week ended October 7, 2016.
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.
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).
Analysts Are Cautious on FirstEnergy but Expect a Robust Gain
Of the 18 analysts tracking FirstEnergy (FE), eight recommend “buy,” six recommend “hold,” and four recommend “strong buy.”
Electricity Generation Falls in All Major US Census Divisions
Electricity generation in the United States dropped 4.7% to 83.5 million megawatt-hours during the week ending August 28.
How Consolidated Edison Stock Is Valued Compared to Its Peers
New-York-based Consolidated Edison (ED) has a market capitalization of $27 billion.
Utilities Are Trading at a Premium, but for How Long?
In 2016, the smart rally in midsize regulated utilities has bolstered their valuations. PPL Corporation seems to be overpriced when compared to peers.
Electricity Generation Rises in All Census Regions in the US
All nine census regions in the US reported gains in electricity generation during the week that ended December 4.
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.
Which Utility Stocks Have the Highest Short Interests?
On December 15, 2016, NRG Energy had a short interest-to-equity float ratio of 6.7%—the highest among the utility stocks that make up the Utilities Select Sector SPDR ETF.
How Is Consolidated Edison Placed for 2Q16 Earnings?
New York-based Consolidated Edison (ED) is expected to report its earnings on August 4, 2016. According to analyst estimates, it’s expected to report earnings of $0.69 per share.
PPL Has a Premium Yield, Dull Dividend Growth
PPL declared a quarterly dividend of $0.40 per share on August 25, 2017. It has September 7 as its ex-dividend date. The dividend will be paid on October 2.
Which Utility Stocks Have the Highest Short Interest?
On December 6, 2016, NRG Energy (NRG) had a short interest-to-equity float ratio of 7.4%—the highest among the utility stocks that make up XLU.
These Utilities Have Increased Dividends for 45+ Years
Investors take shelter under relatively safe utility stocks amid market turmoil due to their stable dividend payment abilities.
A Look at Entergy’s Total Returns
Entergy’s (ETR) dividend growth has been subdued in the last few years.
Inside the Crestwood Equity-Con Edison Joint Venture: Key Highlights
Crestwood Equity Partners and Con Edison have decided to form a 50-50 joint venture to own and develop Crestwood Equity’s existing natural gas pipeline.
Utility Stocks with High Short Interest: Do You Own Any of Them?
On January 5, 2017, NRG Energy (NRG) had a short interest-to-equity float ratio of 6.7%—the highest among the utility stocks that make up XLU.
Why CEQP Expects Its EBITDA to Decline in 2017
Crestwood Equity Partners (CEQP) announced its 2017 financial guidance during its 4Q16 earnings release. The partnership expects its 2017 adjusted EBITDA to lie between $360 million–$390 million.
WEC Energy’s Better-Than-Industry-Average Dividend Growth
WEC Energy is targeting a dividend payout ratio of 65%–70% in the next couple of years, which is in line with industry trends.
Why the Midstream Business Seems Sustainable to Eversource Energy
Integrated utility holding company Eversource Energy (ES) is planning to sell 1,200 megawatts of its generation business in the next two years.
Why Investors Are Bearish on Certain Utility Stocks
As of October 13, 2016, NRG Energy (NRG) has the highest short interest-to-equity float ratio among utility stock companies that are part of XLU at 5.1%.
Consolidated Edison Beat Earnings Estimates despite Mild Weather
Consolidated Edison (ED), New York’s largest utility, reported its fourth quarter earnings on February 18, 2016. ED beat analysts’ estimates and reported adjusted earnings of $0.61 per share
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.
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.
Why FirstEnergy Stock Looks Attractive
Based on analysts’ estimates, FirstEnergy (FE) stock has a target price of $44.0—compared to its current market price of $39.4.
How Do Analysts View AEP?
American Electric Power Company (AEP) stock is currently trading at an all-time high.
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 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.
Consolidated Edison: Higher Dividend for 45th Consecutive Year
Consolidated Edison declared a quarterly dividend of $0.74 per share on January 17.
Analyzing How Utilities Performed Last Week
Last week, utilities started on a weak note. The Utilities Select Sector SPDR ETF (XLU) fell marginally, while the S&P 500 rose almost 3%.
Where Xcel Energy Stock Might Go from Here
Xcel Energy (XEL) is trading at $48.5, which is almost 4% below its 50-day moving average and 2% above its 200-day moving average.
Analyzing Xcel Energy and Consolidated Edison’s Valuation
Xcel Energy is trading at a forward PE ratio of 18x based on analysts’ estimated EPS in 2019. Xcel Energy’s average historical valuation is close to 18x.
Xcel Energy and Consolidated Edison’s Dividend Profiles
Consolidated Edison has increased its dividend per share for 44 consecutive years. Consolidated Edison trading at a dividend yield of 3.8%.
Xcel Energy versus Consolidated Edison in 2019
Consolidated Edison offers one of the most reliable dividends. The company has increased its dividend for 44 consecutive years.
PPL Stock: Analysts’ Recommendations
Analysts have given PPL (PPL) stock a median target price of $31.6, which implies an estimated upside of almost 13% for the next 12 months.
PPL Stock Looks Attractive Compared to Its Peers
PPL (PPL), a mid-sized regulated utility, is trading at a forward PE ratio of 11x based on analysts’ EPS estimates for 2019.
Utilities: Movers and Shakers Last Week
After a relatively upbeat start, broader markets fell on December 14 due to concerns about slowing global economic growth.
How’s Consolidated Edison Doing in Terms of Total Returns?
Consolidated Edison (ED) expects ordinary earnings and dividend growth for the next few years.
Comparing Consolidated Edison’s Dividend Yield with Its Peers
Consolidated Edison (ED) declared a dividend of $0.715 per share on October 18. It will pay it on December 17.
What to Expect from Consolidated Edison
Consolidated Edison has a mean target price of $77.88—compared to its current market price of $75.43, which implies a potential upside of more than 3%.
Natural Gas Inventories Rose Unexpectedly: The Impact on Coal
According to EIA estimates, the natural gas inventory for the week ended December 1, 2017, is 3,695 Bcf (billion cubic feet). This reading is just 2 Bcf above the 3,693 Bcf recorded for the week ended November 24.
How Wall Street Views on PPL Stock Have Changed
According to Wall Street analyst consensus, PPL (PPL) has a mean price target of $39.71 against its current market price of $35.91, which shows a gain potential of approximately 11% going forward.
Analysts’ Top 5 Favorite S&P 500 Utilities Stocks
US utility stocks were weak recently due to proposed tax reforms and the increased possibility of another interest rate hike this year.
Consolidated Edison’s Dividend Trajectory
Consolidated Edison’s (ED) 2016 operating revenues fell 4.0% due to a decline in every segment; namely, electric, gas, steam, and non-utility.
The Top Dividend-Growing Utilities Stocks
Utilities Select Index sales, earnings, and dividends have grown at a CAGR[1. Compound annual growth rate] of 1.9%, 1.7%, and 3.6%, respectively, between 2012 and 2017.
Analyzing Consolidated Edison’s Dividend Statistics
Analysts expect Consolidated Edison’s (ED) dividends to rise 3% for the next couple of years.
Consolidated Edison Raised Dividends for 43rd Consecutive Year
Consolidated Edison (ED) increased its dividends for the 43rd consecutive year on January 19, 2017.
Utility Stocks with the Highest Short Interest
On January 18, 2017, NRG Energy (NRG) had a short interest-to-equity float ratio of 6.7%, the highest among the utility stocks that make up XLU.
Which Utility Stocks Lead in Short Interest?
As of October 19, NRG Energy (NRG) has the highest short interest-to-equity float ratio among utility stock companies that are part of the XLU at 5.1%.
Most US Regions Are Reporting Lower Electricity Generation
Electricity generation in the United States rose marginally to 85.4 million MWh in the week ended September 9, 2016, driven by higher generation in the Central Industrial region.
Top 5 Utility Stocks with the Highest Short Interest-to-Equity Float
As of August 3, NRG Energy has the highest short interest-to-equity float ratio of all the utility stocks (XLU) at 5.9%. One month ago, its ratio was 5.9%.
With Hawaiian Electric Deal off the Table, What’s Next for NEE?
Oncor is the largest electric distribution company in Texas and delivers nearly 36% of the state’s total power.
What Are the Top 5 Utility Stocks by Short Interest to Equity Float?
As of June 29, 2016, NRG Energy (NRG) has the highest short-interest-to-equity float ratio of all utility stocks (XLU).
Top 5 Utility Stocks by Short Interest–to–Equity Float Ratio
As of June 22, 2016, NRG Energy (NRG) has the highest short interest–to–equity float ratio of all utility stocks (XLU).
The Latest Forward Yield and Dividend Growth Numbers among Utilities like PPL
PPL Corporation is currently trading at a forward dividend yield of 4%, with an expected dividend growth rate slightly under 2% for the next two years.
How Is NextEra Energy Valued after Its 1Q16 Earnings Release?
After posting healthy 1Q16 earnings on Thursday, April 28, NextEra Energy closed the day by losing 0.4%. But YTD, NextEra has surged by approximately 10%.
WEC Energy’s Forward Yields and Dividend Growth
Among our selected group of utilities, WEC Energy Group (WEC) has the highest expected dividend growth for the next two years. It’s trading at a forward yield of 3.4%.
Utilities, Solar Players Come Together for Net Metering Reforms
The much-debated issue of net metering saw an interesting development this week when six New York utilities and three solar companies proposed a solution.
Why Regulated Utilities Are Outperforming Broader Equities in 2016
Quarterly earnings and the slower-than-expected pace of the Fed’s projected interest rate hike have fueled the rally in utilities this year.
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.
Why Has Sempra Energy’s Stock Corrected 3%?
Sempra Energy (SRE) corrected more than 3% when the company announced its 4Q15 earnings on February 26, 2016.
What Does Consolidated Edison’s Valuation Signal?
Consolidated Edison (ED) is currently trading at a premium compared to its own five-year historical EV-EBITDA valuation. Its EV-to-EBITDA multiple of 9.6x.
Transmission May Account for 50% of PEG’s Future Capital Spending
Given the centralized power generation model of Public Service Enterprise Group (PEG), expanding its transmission infrastructure is a necessity in order to grow.
All US Divisions Reported Drop in Electricity Generation
Electricity generation in the US came in at 70.2 million MWh in the week ended December 25. All nine census regions in the US reported a drop in electricity generation during the week.
Analysts’ 2016 Estimates and Price Targets for PPL
With its focus on regulated operations, PPL’s revenues are expected to come in at $8.3 billion in 2016 according to Wall Street analysts’ estimates.
Electricity Generation Drops Again on Warmer Weather
Six of the nine census regions in the United States reported an increase in electricity generation during the week ended December 18, 2015.
Con Edison Allocates Most of Its Capital to Regulated Segment
The regulated electric and gas distribution segments have been the top performers for Con Edison. However, Con Edison sees room for expansion in these areas.
S&P Has Negative Outlook for Con Edison with ‘A’ Credit Rating
S&P (Standard & Poor’s) Financial Services has given a “negative” outlook to Con Edison with a credit rating of “A-.”
Electric Business Is the Heart of Con Edison
Sale of electricity is the principal business of Con Edison (ED). It generates nearly 80% of revenues from supplying electricity.
An analysis of Con Edison’s Revenue Trends
Con Edison (ED) relies heavily on its regulated operations, deriving more than 90% of its total revenue from them.
What You Should Know about Con Edison’s Operating Structure
Con Edison handles its competitive energy business through its three wholly-owned subsidiaries: Con Edison Solutions, Con Edison Energy, and Con Edison Development.
Con Edison’s Total Return Lags behind Peers
Consolidated Edison’s (ED) total return over the last five years stands at 9.2%. It’s a slow-growing stock, but it offers handsome dividends.
Southeast, Central, and Northwest Drive Electricity Generation
The Southeast division is the largest division in the United States for electricity generation. It saw an increase of 482,000 MWh, or 2.8%, in electricity production to 17.5 million MWh.
Electricity Generation Falls in All Census Divisions
the electricity generation in the US fell by 3.5% to 71.1 million mWh. Electricity generation fell in all of the nine census divisions during the week ended October 9.
Central Division Leads the Fall in US Electricity Generation
Electricity generation in the US dropped 0.5% to 87.6 million megawatt hours during the week ended August 21. Electricity generation in five out of nine census regions fell during the week.
Utilities Gain despite Rise in Treasury Yields
Utilities benefitted greatly from the low interest rates, as they took an opportunity to undertake capital expenditure at these low rates.