On average, utilities currently offer a dividend yield of 3.2% compared to the broader market’s average yield of 1.8% and the ten-year Treasury yield of 2.7%.
NextEra Energy (NEE), NiSource (NI), and CMS Energy (CMS) have beaten their peers as well as the broader markets in terms of total returns in the last five years.
NRG Energy (NRG), the leading merchant power player stock and one of the smallest components of the S&P 500 Utilities Index (XLU), has a mean price target of $36.50 against its current market price of $31.20.
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).
On February 1, 2017, NRG Energy (NRG) had a short interest-to-equity float ratio of 4.7%. It was the highest among the utility stocks that make up XLU.
On January 18, 2017, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
On January 5, 2017, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
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.
On December 6, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
On November 8, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
On November 2, 2016, NRG Energy had a short interest-to-equity float ratio of 5.1%, the highest among the utilities stocks that make up the Utilities Select Sector SPDR ETF.
On October 26, 2016, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
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%.
As of October 19, 2016, NRG Energy (NRG) has the highest implied volatility among utility companies that are part of XLU. Its implied volatility is 52%.
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%.
As of October 13, 2016, NRG Energy (NRG) has the highest implied volatility among utility companies that are part of the Utilities Select Sector SPDR ETF (XLU).
NiSource’s consolidated ROE currently stands below the industry average because of the legacy goodwill it capitalized during the Columbia Gas acquisition.
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.
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.
On August 2, NiSource was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 11.8x.
On July 25, NiSource was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 11.2x.
For 2015, Columbia Pipeline Group (CPGX) reported adjusted EBITDA of $685.5 million. This was $5.5 million higher than the company’s guidance of $680 million for the year.
The tocks that performed well in volatile times were Teco Energy (TE), Nisource (NI), CMS Energy (CMS), AGL Resources (GAS), and Integrys Energy Group (TEG).
Columbia Pipeline Group has reaffirmed its 2015 targets in its 2Q15 and 3Q15 earnings releases—its only earnings releases since separating from NiSource.
Columbia Pipeline Group has traded below its 50-day moving average since the end of August, except for on November 3, the day it announced its 3Q15 results.
Mutual funds currently own ~20% of outstanding corporate bonds—a gaining trend. Bond mutual funds thus have an increasing role in credit intermediation.
A percentage of what US manufacturing companies operating in China earn in yuan will be lost once converted to US dollars. As a result, company earnings will be reduced.
The Federal Open Market Committee’s June statement didn’t elicit a strong reaction in either direction from investment-grade bonds, especially not from Treasuries.
US corporates continued to be the largest issuers of high-grade bonds for the fourth successive week. However, their share in the overall pie came down from the previous week.
First Energy’s dividend payments have exceeded reported earnings since 2011. This trend was surely unsustainable, and First Energy’s reduction in dividend payments was inevitable.
