|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||27.78 - 28.35|
|52-week range||27.08 - 40.20|
|PE ratio (TTM)||17.01|
|Earnings date||3 May 2018|
|Forward dividend & yield||1.64 (5.84%)|
|1y target est||32.25|
Currently, Xcel Energy (XEL) stock offers a dividend yield of 3.4%, which is much lower than broader utilities’ (XLU) average yield of ~4.2%. Barring a few exceptions, Xcel Energy has always traded at a discounted dividend yield compared to utilities’ average in the last five years. Xcel Energy has raised its dividends per share for the last 15 consecutive years.
Currently, Xcel Energy (XEL) stock is trading at a PE (price-to-earnings) multiple of 20.0x—compared to its five-year historical average of 18x. Xcel Energy stock appears to be trading at a premium to its historical average valuation.
ALLENTOWN, Pa. , April 19, 2018 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated first-quarter 2018 earnings results on Thursday, May 3 . William H. Spence , PPL chairman, president ...
ALLENTOWN, Pa., April 12, 2018 /PRNewswire/ -- PPL Corporation today released its 2017 Sustainability Report, highlighting the company's ongoing initiatives to advance a sustainable energy future. The report provides an overview of PPL's approach to climate change and risk management and presents a comprehensive record of PPL's 2017 environmental, operational and social sustainability performance. "At PPL, we understand that we have a tremendous responsibility to deliver power safely, reliably and affordably," said William H. Spence, chairman, president and Chief Executive Officer of PPL Corporation.
According to Wall Street analysts’ consensus, top utility NextEra Energy (NEE) has a mean target price of $168.5—compared to its current market price of $162.8, which indicates a potential upside of 3.5% in a year.
Pennsylvania-based PPL Corporation (PPL) stock has fallen more than 20% in the last three months. Its dividend yield consequently rose significantly. Although PPL is trading at a superior dividend yield compared to its peers, its dividend growth rate in the last few years was on the lower side.
There was some weakness in broader markets throughout last week due to fears of a trade war. At the same time, the defensives (utilities) steadily rose and gained approximately 2% last week (the week ended on March 16, 2018). The Fed’s aggressive stance about interest rate hikes has strongly weighed on them recently.
The stock has lost more than 10% in the last ten trading sessions. Broader utilities (XLU) (IDU) have also been on a downward streak for the last few months after the Fed’s interest rate hike in December 2017. The large discount from PPL’s support levels highlights the weakness in PPL stock. PPL’s 50-day moving average level around $30.6 is expected to act as a resistance for the stock in the near term.
ALLENTOWN, Pa. , March 7, 2018 /PRNewswire/ -- U.K. utility regulator Ofgem today issued its consultation document on the RIIO-2 framework for regulating energy network companies once the current price ...