|Bid||34.47 x 800|
|Ask||34.48 x 800|
|Day's range||34.26 - 35.01|
|52-week range||30.72 - 43.66|
|Beta (3Y monthly)||0.52|
|PE ratio (TTM)||21.90|
|Earnings date||7 Aug. 2019|
|Forward dividend & yield||0.12 (0.34%)|
|1y target est||46.70|
The unusual rally in utility stocks has pushed them to record valuation multiples this year. On average, they're currently trading at 19 times their forward earnings!
The Utilities Select Sector SPDR ETF (XLU) has continued to trade close to its peak recently. It closed at $59.63 at last week, almost 1% and 6% above its 50-day and 200-day simple moving averages.…
Many top utility stocks are offering flattish potential upside due to the recent rally, based on analysts’ estimates.
Utility stocks fell, while the benchmark Treasury yields rose on June 26. The Utilities Select Sector SPDR ETF (XLU), the representative of top utility stocks in the country, fell 2.2%.
Currently, many utility stocks are trading at multiyear highs. NRG Energy stock (NRG) has fallen almost 20% from its 52-week high since its first-quarter results.
Utility stocks have shown an unusual run in 2019. The stocks have largely tracked broader markets. Including dividends, XLU has returned 25% over the past 12 months.
NRG Energy’s simplified business model and competitive retail segment should deliver significant free cash flow, analyst says.
Analysts seem to be positive on NRG Energy (NRG) stock. The stock offers a handsome upside potential of more than 37% for the next 12 months. NRG Energy has a target price of $47.4.
While many utility stocks are trading close to their peaks, NRG Energy (NRG) stock has fallen more than 20% from its 52-week high since its first-quarter earnings. The stock might witness more weakness in the short term.
The funds have been struggling to outperform, and have been bleeding billions of dollars in assets, thanks to their value-stock tilt.
The Zacks Analyst Blog Highlights: NRG Energy, Middlesex Water, NexPoint Residential Trust, ONE Gas and Outfront Media
Eversource Energy's (ES) subsidiary NSTAR Electric Company issues $400 million Green Bonds to finance its green initiatives.
Southern Company's (SO) strategic strides, splendid earnings surprise record and impressive dividend payouts have been fueling the stock of late.
NRG Energy Stock Remains Weak, Trades in the Oversold Zone(Continued from Prior Part)Analysts’ recommendationsNRG Energy (NRG) stock offers a robust upside potential of more than 30% for the next 12 months. Based on analysts’ consensus estimate,
NRG Energy Stock Remains Weak, Trades in the Oversold ZoneStock down ~20% from its 52-week highMerchant power stock NRG Energy (NRG) has been on a falling spree recently and has fallen almost 12% so far this month. The Utilities Select Sector SPDR