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Is CenterPoint Energy (CNP) Stock Outpacing Its Utilities Peers This Year?
ZACKS· 2025-07-08 14:40
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CenterPoint Energy (CNP) been one of those stocks this year? 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.CenterPoint Energy is one of 109 individual stocks in the Utilities sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers ...
Fortis Inc. to Hold Teleconference and Webcast on August 1 to Discuss Second Quarter 2025 Results
Globenewswire· 2025-07-07 20:35
ST. JOHN'S, Newfoundland and Labrador, July 07, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2025 financial results on Friday, August 1, 2025. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results. Shareholders, analysts, mem ...
Why Duke Energy (DUK) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-07 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Duke Energy (DUK) , which belongs to the Zacks Utility - Electric Power industry.This electric utility has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.90%.For the most recent quarter, Duke Energy was expected to post earnings of $1.76 per share, but ...
Why Artesian Resources (ARTNA) is a Great Dividend Stock Right Now
ZACKS· 2025-07-07 16:46
Company Overview - Artesian Resources (ARTNA) is a water resource management company based in Newark, operating in the Utilities sector with a year-to-date share price change of 6.8% [3] Dividend Information - The company currently pays a dividend of $0.31 per share, resulting in a dividend yield of 3.64%, which is significantly higher than the Utility - Water Supply industry's yield of 2.57% and the S&P 500's yield of 1.52% [3] - Artesian Resources has an annualized dividend of $1.23, reflecting a 4.1% increase from the previous year, and has increased its dividend five times over the last five years, averaging an annual increase of 4.17% [4] Earnings Growth and Future Outlook - The Zacks Consensus Estimate for 2025 projects earnings of $2.16 per share, indicating a 9.09% increase from the previous year [5] - Future dividend growth will depend on earnings growth and the company's payout ratio, which currently stands at 58%, meaning 58% of its trailing 12-month EPS is paid out as dividends [4] Investment Appeal - Artesian Resources is characterized as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [6]
Why National Grid Stock Deserves a Spot in Your Portfolio Right Now
ZACKS· 2025-07-07 13:31
Core Viewpoint - National Grid (NGG) is positioned to benefit from strategic investments in infrastructure upgrades and expansion, making it an attractive investment opportunity in the utility electric power industry [1] Group 1: Earnings and Growth Projections - The Zacks Consensus Estimate for NGG's fiscal 2026 earnings per share (EPS) has increased by 2.6% to $5.07 over the past 30 days [2] - The company's projected earnings growth rate over the next three to five years is estimated at 8.4% [2] Group 2: Financial Health - National Grid's times interest earned (TIE) ratio at the end of fiscal 2025 was 3, indicating strong capability to meet interest payment obligations in the near term [3] Group 3: Clean Energy Initiatives - The company aims to achieve net-zero emissions by 2050 and is actively investing in large-scale renewable energy projects, including wind and solar, to facilitate the energy transition [4][8] Group 4: Strategic Investments and Customer Demand - National Grid plans to invest nearly $69 billion (£60 billion) over the next five years across its service areas in the UK and the US to meet rising demand from new customer connections [5][8] - In total, 2.5 gigawatts (GW) of customer projects were connected to the transmission network this year, with 1.6 GW being renewable energy sources [5] Group 5: Dividend Performance - NGG has consistently increased shareholder value through dividends, with a current dividend yield of 5.73%, significantly higher than the S&P 500 Composite's yield of 1.18% [6] Group 6: Stock Performance - Over the past six months, NGG shares have increased by 23.6%, outperforming the industry's growth of 8.9% [7]
Why NextEra Energy (NEE) Outpaced the Stock Market Today
ZACKS· 2025-07-03 22:46
Group 1: Company Performance - NextEra Energy (NEE) closed at $73.88, with a +1.18% increase, outperforming the S&P 500's daily gain of 0.83% [1] - Prior to the latest trading session, shares of NextEra Energy had gained 4.49%, which was higher than the Utilities sector's gain of 0.18% but lower than the S&P 500's gain of 4.99% [1] Group 2: Earnings Projections - NextEra Energy's projected earnings per share (EPS) for the upcoming quarter is $1.03, reflecting a 7.29% increase from the same quarter last year [2] - The consensus estimate for quarterly revenue is $7.33 billion, indicating a 20.82% increase from the year-ago period [2] Group 3: Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $3.68 per share and revenue of $28.95 billion, representing changes of +7.29% and +16.96%, respectively, compared to the previous year [3] - Recent changes to analyst estimates for NextEra Energy are important as they indicate the evolving nature of near-term business trends [3] Group 4: Valuation Metrics - NextEra Energy is currently trading with a Forward P/E ratio of 19.86, which is higher than the industry average Forward P/E of 17.94, suggesting it is trading at a premium [6] - The company holds a PEG ratio of 2.57, which is in line with the average PEG ratio of the Utility - Electric Power industry [7] Group 5: Industry Ranking - The Utility - Electric Power industry, which includes NextEra Energy, has a Zacks Industry Rank of 79, placing it in the top 32% of all industries [8] - The Zacks Industry Rank measures the strength of industry groups by evaluating the average Zacks Rank of individual stocks within those groups [8]
Will DTE Energy (DTE) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-03 17:11
Core Insights - DTE Energy has consistently surpassed earnings estimates, making it a strong candidate for potential investment opportunities in the utility sector [1][2]. Earnings Performance - In the last reported quarter, DTE Energy achieved earnings of $2.1 per share, exceeding the Zacks Consensus Estimate of $1.98 per share by 6.06% [2]. - In the previous quarter, the company reported earnings of $1.51 per share against an expected $1.46 per share, resulting in a surprise of 3.42% [2]. Earnings Estimates and Predictions - Recent estimates for DTE Energy have been increasing, with a positive Earnings ESP of +3.14%, indicating bullish sentiment among analysts regarding its near-term earnings potential [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [5][8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].
PPL (PPL) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-07-02 23:16
Company Performance - PPL closed at $33.54, reflecting a -1.32% change from the previous day, underperforming the S&P 500's gain of 0.48% [1] - Over the past month, PPL shares have decreased by 1.48%, while the Utilities sector gained 1.16% and the S&P 500 increased by 5.13% [1] Upcoming Financial Results - The upcoming EPS for PPL is projected at $0.39, indicating a 2.63% increase year-over-year [2] - The Zacks Consensus Estimate for revenue is $1.98 billion, representing a 5.52% increase from the previous year [2] Full Year Estimates - Analysts expect earnings of $1.82 per share and revenue of $8.91 billion for the full year, marking increases of +7.69% and +5.27% respectively from last year [3] - Recent changes in analyst estimates for PPL can indicate evolving business trends, with positive revisions seen as favorable for the business outlook [3] Valuation Metrics - PPL has a Forward P/E ratio of 18.68, which is a premium compared to the industry average Forward P/E of 18.19 [6] - The company has a PEG ratio of 2.5, while the Utility - Electric Power industry average PEG ratio is 2.57 [7] Industry Ranking - The Utility - Electric Power industry has a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [7] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Vistra Corp. (VST) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-02 22:46
Company Performance - Vistra Corp. ended the recent trading session at $187.02, showing a +1.04% change from the previous day's closing price, outperforming the S&P 500's 0.48% gain [1] - The company's shares gained 5.17% over the previous month, surpassing the Utilities sector's gain of 1.16% and the S&P 500's gain of 5.13% [1] Upcoming Earnings - Investors are anticipating Vistra Corp. to report an EPS of $1.32, which would represent a 46.67% increase compared to the same quarter of the previous year [2] - The consensus estimate for revenue is $5.26 billion, indicating a 36.83% increase compared to the year-ago quarter [2] Full Year Estimates - For the full year, analysts expect earnings of $6.45 per share and revenue of $22.2 billion, reflecting changes of -7.86% and +28.91%, respectively, from last year [3] - Recent changes to analyst estimates suggest positive sentiment regarding the company's near-term business trends [3] Valuation Metrics - Vistra Corp. is currently traded at a Forward P/E ratio of 28.71, which is a premium compared to the industry average Forward P/E of 18.19 [6] - The company has a PEG ratio of 2.18, which is lower than the Utility - Electric Power industry's average PEG ratio of 2.57 [6] Industry Ranking - The Utility - Electric Power industry holds a Zacks Industry Rank of 78, placing it within the top 32% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Are Utilities Stocks Lagging Comp En De Mn Cemig (CIG) This Year?
ZACKS· 2025-07-01 14:41
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cemig (CIG) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Cemig is one of 109 companies in the Utilities group. The Utilities group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zack ...