|Bid||17.71 x 3100|
|Ask||17.72 x 3200|
|Day's range||17.53 - 17.79|
|52-week range||11.58 - 18.52|
|Beta (3Y monthly)||0.60|
|PE ratio (TTM)||9.80|
|Earnings date||7 May 2019|
|Forward dividend & yield||0.55 (3.02%)|
|1y target est||18.17|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
How Are Utility Stocks Placed for the Future?(Continued from Prior Part)Utility stocks look expensive Many utility stocks are trading way higher than their historical average valuation multiples. NextEra Energy (NEE) stock is trading 22x its forward
How Are Utility Stocks Placed for the Future?Utility stocks seem tepidLast week, utility stocks continued to underperform broader markets for the third consecutive week. The Utilities Select Sector SPDR ETF (XLU) rose 0.2%, while the S&P 500
The Spotsylvania Board of Supervisors has approved three special use permits for sPower’s proposed 500 megawatt (MW) solar project. The project will be built in phases over the next two years and will ultimately generate over $20 million in new tax revenue for Spotsylvania County. sPower CEO, Ryan Creamer commented, “sPower is beyond excited to get this final vote of approval.
The Board of Directors of The AES Corporation (AES) declared a quarterly common stock dividend of $0.1365 per share payable on May 15, 2019, to shareholders of record at the close of business on May 1, 2019. The AES Corporation (AES) is a Fortune 500 global power company. This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934.
kWh Analytics, the market leader in solar risk management, today announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts.
Why Did Utilities Fall for the Second Consecutive Week?(Continued from Prior Part)Analysts’ target prices Let’s take a look at the target prices for the top utility gainers in 2019. Southern Company (SO) stock offers an estimated downside of
Why Did Utilities Fall for the Second Consecutive Week?(Continued from Prior Part)Top gains in 2019 Now, we’ll discuss the top utility gainers this year. AES (AES) stock tops the list with more than a 27% gain year-to-date. The company’s earnings
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes? Let's find out.
The AES Corporation (AES) will host a conference call on Tuesday, May 7, 2019 at 9:00 a.m. Eastern Daylight Time (EDT) to review its first quarter 2019 financial results. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made.
NRG Energy’s Key Indicators: Recent Changes(Continued from Prior Part)Analysts’ recommendations Based on analysts’ estimates, NRG Energy (NRG) stock has a target price of $47.7, which suggests upside potential of more than 9% from its current
NRG Energy’s Key Indicators: Recent Changes(Continued from Prior Part)Total returnsNRG Energy (NRG) stock returned ~240% in the last three years and outperformed its peers by a wide margin. The stock rose due to activist shareholders’
NRG Energy’s Key Indicators: Recent Changes(Continued from Prior Part)Valuation NRG Energy (NRG) stock is trading at a forward PE ratio of 11.0x based on its estimated earnings for the next 12 months. In comparison, utilities’ average forward PE
Utilities: Valuations, Charts, and Target Prices Last Week(Continued from Prior Part)ValuationCurrently, PPL (PPL) is trading at a forward PE ratio of 13x based on analysts’ EPS estimates for the next 12 months. PPL stock looks attractive
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Analysts’ price targetsAnalysts’ average price target of $17.83 for AES (AES) implies a ~2% downside over the next year based on its current price of $18.15.
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Moving averagesAES (AES) stock is currently trading at $18.15, ~8% and ~23% above its 50-day and 200-day moving averages, respectively, suggesting strength. Its
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Valuation AES’s (AES) forward PE multiple is 13.3x, lower than its historical average and utilities’ average of 17x–18x. However, based on analysts’
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Dividend yield AES’s (AES) dividend yield is 3.0%, its lowest in the last few years. Its yield has fallen in the last few quarters due to its stock rallying. This
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Debt profileAES’s (AES) high debt could concern some investors. At the end of last year, AES had ~$18 billion in total debt and a “BB+” credit rating, just
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Earnings growth AES (AES) achieved the higher end of its adjusted earnings guidance last year, with its EPS rising year-over-year to $1.48 from $0.77. AES expects
What Led to AES’s Rally and Where It Could Go From HereAES stays strong AES (AES), one of the top gainers among utilities last year, has continued its upward march. This year, AES stock has risen more than 25%, significantly outperforming broader