Wisconsin Energy Corp
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.
How Is WEC Energy Valued Compared to Its Peers?
On January 23, 2017, WEC stock was trading at an EV-to-EBITDA valuation of 11.5x. Its historical valuation multiple is above 12.0x.
Analyzing Utility Stocks with the Highest Implied Volatility
On February 22, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
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.
Analyzing Chart Indicators for WEC Energy Stock
As of January 23, 2017, WEC Energy Group (WEC) stock was trading at a 2.0% premium to its 50-day moving average.
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.
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.
CNP, WEC, and DTE: Analyzing Utilities’ Current Valuations
CenterPoint Energy (CNP) was trading at an EV-to-EBITDA multiple of 9x on December 27, 2016. Its five-year historical average also stands near 9x.
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 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.
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.
Utility Stocks That Lead in Short Interest
In the last three months, NRC Energy’s stock has fallen 24.7%—the most among the utility stocks in the table above.
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%.
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%.
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%.
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.
Take a Look at WEC Energy’s Implied Volatility
As of August 24, 2016, WEC (WEC) has an implied volatility of 18%, which is at par with its 15-day average.
Analyzing PPL Corporation’s Return on Equity
PPL’s adjusted return on equity usually stays above its US regulated utility peers’ average. It earns higher ROE from its United Kingdom regulated segment.
XEL, SO, WEC: Analyzing Towering Valuations of Utilities
On July 26, 2016, Xcel Energy (XEL) was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 10.6x.
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 Southern Company’s ROE and Earnings by Segment
Southern Company’s adjusted ROE was near 13% in 1Q16. By comparison, PPL Corporation fetches ROE close to 12%, which is higher than US peer utilities.
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%.
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.
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.
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.
Xcel Energy’s Earnings May Rise If Regulatory Lag Is Addressed
Xcel Energy is looking to improve earnings by reducing the regulatory lag. Regulatory lag for a utility (IDU) is the difference of time between capital spending and rate recovery.
Moving Average Analysis of SPY’s Utilities Sector
The average ETF weight of the electric utilities stocks in the SPDR S&P 500 ETF (SPY) is 0.08%. Their beta value is less than 1, and thus they’re less volatile.
Alliant Energy Corporation’s Organic Growth Boosted 3Q15 Revenue
Alliant Energy Corporation reported 3Q15 net revenue of $898.9 million, a rise of 6.6% when compared to net revenue of $843.1 million in 3Q14.
Policymakers Are Pleased with February 2015 Labor Market Data
The minutes of the FOMC’s (Federal Open Market Committee) March 2015 meeting revealed that policymakers were happy with improvements in the labor market.
NextEra efficiencies fire strong operational profits
While profits from the regulated segment have grown over the years, profits from the competitive, or unregulated, segment have fallen.
Coal capacities continue to shut down in the US
Nearly 66% of US capacity retirements in October were coal-fired power plants, and a major part of the retirements took place in Wisconsin.
Why consider possible Integrys–Wisconsin Energy merger scenarios?
In the risk arbitrage world, a 2% spread means a deal without much “hair” on it. The market is assigning a high probability of closing.
Background on Integrys can help you with the Wisconsin Energy deal
Integrys (TEG) is a diversified energy holding company headquartered in Chicago, Illinois. Wisconsin Energy (WEC) is buying Integrys.
Should you get involved in the Integrys–Wisconsin Energy deal?
In merger arbitrage, you’ll generally buy the acquired company’s stock and sell short the acquiring company’s stock. So how will this play out when you look at the Integrys-Wisconsin deal?