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AES vs. NRG: Which Stock Is the Better Value Option?
ZACKS· 2025-05-09 16:40
Investors with an interest in Utility - Electric Power stocks have likely encountered both AES (AES) and NRG Energy (NRG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while o ...
Are Utilities Stocks Lagging Middlesex Water Company (MSEX) This Year?
ZACKS· 2025-05-09 14:46
Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Middlesex Water (MSEX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.Middlesex Water is one of 106 individual stocks in the Utilities sector. Collectively, these comp ...
Algonquin Power & Utilities (AQN) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-09 14:35
Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 55.56%. A quarter ago, it was expected that this utility operator would post earnings of $0.08 per share when it actually produced earnings of $0.06, delivering a surprise of -25%.Over the last four quar ...
UGI Corporation (UGI) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2025-05-09 14:15
Have you been paying attention to shares of UGI (UGI) ? Shares have been on the move with the stock up 12.8% over the past month. The stock hit a new 52-week high of $35.41 in the previous session. UGI has gained 23.7% since the start of the year compared to the 6.4% move for the Zacks Utilities sector and the -0.5% return for the Zacks Utility - Gas Distribution industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings con ...
Alliant Energy (LNT) Q1 Earnings and Revenues Top Estimates
ZACKS· 2025-05-09 00:25
Core Insights - Alliant Energy reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and showing an increase from $0.62 per share a year ago, resulting in an earnings surprise of 45.61% [1] - The company generated revenues of $1.13 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.17% and up from $1.03 billion year-over-year [2] - Alliant Energy's stock has increased approximately 4.5% since the beginning of the year, contrasting with a -4.3% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.58 on revenues of $1.02 billion, and for the current fiscal year, it is $3.22 on revenues of $4.29 billion [7] - The estimate revisions trend for Alliant Energy is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Utility - Electric Power industry is currently ranked in the top 22% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, and Say on Pay
Globenewswire· 2025-05-08 19:06
ST. JOHN'S, Newfoundland and Labrador, May 08, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, and approving the non-binding advisory vote regarding the Corporation's approach to executive compensation. Election of Direct ...
DTE vs. WEC: Which Stock Is the Better Value Option?
ZACKS· 2025-05-08 16:40
Core Insights - DTE Energy and WEC Energy Group are both considered for value investment in the Utility - Electric Power sector, with a focus on which stock offers better value currently [1] Valuation Metrics - Both DTE Energy and WEC Energy Group hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3] - DTE has a forward P/E ratio of 19.16, while WEC has a forward P/E of 20.93, suggesting DTE may be more attractively priced [5] - DTE's PEG ratio is 2.51, compared to WEC's PEG ratio of 3.01, indicating DTE may offer better value relative to its expected earnings growth [5] - DTE's P/B ratio is 2.41, while WEC's P/B ratio is 2.61, further supporting DTE as the superior value option based on these metrics [6] - DTE has a Value grade of B, while WEC has a Value grade of C, reinforcing the conclusion that DTE is the better value investment at this time [6]
Is Fortis (FTS) Stock Outpacing Its Utilities Peers This Year?
ZACKS· 2025-05-08 14:45
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Fortis (FTS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.Fortis is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our ...
Sempra (SRE) Tops Q1 Earnings Estimates
ZACKS· 2025-05-08 14:10
Sempra (SRE) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.01%. A quarter ago, it was expected that this natural gas and electricity provider would post earnings of $1.63 per share when it actually produced earnings of $1.50, delivering a surprise of -7.98%.Over the last four qua ...
Evergy Inc (EVRG) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2025-05-08 13:21
Evergy Inc (EVRG) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -18.18%. A quarter ago, it was expected that this electric utility would post earnings of $0.36 per share when it actually produced earnings of $0.35, delivering a surprise of -2.78%.Over the last four quarters, the com ...