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Brookfield Renewable (BEP) Soars 7.7%: Is Further Upside Left in the Stock?
ZACKS· 2025-06-10 11:41
Group 1 - Brookfield Renewable Energy Partners (BEP) units increased by 7.7% to close at $25.80, with notable trading volume compared to typical sessions, and a 3.1% gain over the past four weeks [1] - The company benefits from building and owning renewable energy assets, focusing on stable cash flows from long-term contracts, supported by a strong balance sheet and diverse capital sources for long-term projects [2] - Brookfield Renewable has established consistent capabilities to generate value for unitholders through low-cost assets in developed markets and invests flexibly in attractive global opportunities to meet rising customer demand [3] Group 2 - The company is expected to report a quarterly loss of $0.29 per unit, reflecting a year-over-year change of -3.6%, while revenues are projected to be $979.03 million, an 18% increase from the previous year [4] - Trends in earnings estimate revisions are correlated with near-term stock price movements, indicating the importance of monitoring these trends for potential stock strength [5] - The consensus EPS estimate for Brookfield Renewable has remained unchanged over the last 30 days, suggesting that the recent stock price increase may need further earnings estimate revisions to sustain momentum [6]
E-Z-GO® Celebrates National Golf Cart Day
Prnewswire· 2025-06-10 11:17
Core Points - Textron E-Z-GO LLC is celebrating National Golf Cart Day 2025 by offering a $500 discount on any new E-Z-GO vehicle purchased from authorized dealers [1][2] - The promotion runs from June 13-15, 2025, and can be combined with existing rebates from the "Red, White, & Built Right" savings event, which offers rebates between $1,000 and $4,000 on select models [2] - National Golf Cart Day, observed on June 13, marks the anniversary of E-Z-GO's founding in 1954, celebrating its 71st birthday this year [3] Company Overview - E-Z-GO, founded in Augusta, Georgia, is a leader in the design and manufacture of golf cars and utility vehicles, known for innovative sustainable electric-vehicle technology [6] - The company operates on a 54-acre campus in Augusta, employing over 1,000 people and producing tens of thousands of vehicles annually for a global customer base [4] - E-Z-GO's product lineup includes models such as RXV fleet golf cars, Freedom and Valor personal golf cars, and the E-Z-GO Express personal utility vehicles, with the latest innovation being the Liberty, which features four forward-facing seats [6] Industry Context - The golf cart industry plays a significant role in both the sport of golf and personal transportation, with E-Z-GO being an iconic American brand in this sector [5] - Textron Inc., the parent company of E-Z-GO, operates across multiple industries, leveraging its global network to provide innovative solutions and services [7]
Fortis: Quietly Powering Your Dividend Portfolio
Seeking Alpha· 2025-06-09 16:30
Group 1 - The article discusses the interest in Canadian utility companies, particularly highlighting their appeal to conservative, income-generating investment strategies [1] - The target demographic for these investment strategies is characterized as middle-aged individuals, specifically Generation X, who are seeking to increase their income in a challenging economic environment [1] Group 2 - The article does not provide specific financial data or performance metrics related to the companies mentioned [2][3]
Why DTE Energy (DTE) is a Great Dividend Stock Right Now
ZACKS· 2025-06-06 16:46
Company Overview - DTE Energy is headquartered in Detroit and operates in the Utilities sector, specifically in Electric Power [3] - The company's stock has experienced a price change of 9.9% year-to-date [3] Dividend Information - DTE Energy currently pays a dividend of $1.09 per share, resulting in a dividend yield of 3.29%, which is higher than the Utility - Electric Power industry's yield of 3.25% and the S&P 500's yield of 1.56% [3] - The annualized dividend of DTE Energy is $4.36, reflecting a 5.1% increase from the previous year [4] - Over the last 5 years, DTE Energy has increased its dividend 4 times year-over-year, with an average annual increase of 1.01% [4] - The current payout ratio for DTE Energy is 60%, indicating that the company pays out 60% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - DTE Energy is expected to see earnings growth in the current fiscal year, with the Zacks Consensus Estimate for 2025 at $7.24 per share, representing a year-over-year growth rate of 6% [5] Investment Considerations - DTE Energy is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
Here's Why You Must Add National Grid Stock to Your Portfolio Now
ZACKS· 2025-06-06 14:26
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] Earnings Growth Forecast - The Zacks Consensus Estimate for NGG's fiscal 2026 earnings per share (EPS) has increased by 2.7% to $4.94 over the past 30 days [2] - The company's earnings growth rate over the next three to five years is projected at 2.3% [2] Dividend Yield - 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 1.24% [3] Strategic Investments and Customer Demand - National Grid plans to invest nearly $69 billion (£60 billion) across its service territory in the UK and the US over the next five years [4] - The company anticipates increased demand from new customer connections, with 2.5 gigawatts (GW) of customer projects connected to the transmission network this year, including 1.6 GW from renewables [4] Liquidity Position - NGG's current ratio at the end of fiscal 2025 was 1.35, exceeding the industry's average of 0.93, indicating a strong ability to meet future short-term liabilities [5] Solvency - The times interest earned (TIE) ratio for NGG at the end of fiscal 2025 was 3, suggesting the company can comfortably meet its interest payment obligations in the near term [6] Commitment to Clean Energy - National Grid aims to achieve net-zero emissions by 2050 and is actively investing in large-scale renewable energy projects such as wind and solar in the US [7] Stock Price Performance - Over the past six months, NGG shares have increased by 15.3%, outperforming the industry's growth of 3.9% [9] Other Stocks to Consider - Other top-ranked stocks in the same industry include Evergy, Inc. (EVRG), NiSource Inc. (NI), and CenterPoint Energy (CNP), all holding a Zacks Rank 2 [10][11]
NRG is Trading Above 50 Day and 200 Day SMA: Time to Buy the Stock?
ZACKS· 2025-06-05 18:31
Key Takeaways NRG is trading above its 50-day and 200-day SMAs, signaling a sustained bullish price trend. Strong earnings, data center demand, and acquisitions are fueling NRG's growth momentum. NRG's ROE exceeds peers, and it targets 7-9% annual dividend growth over the long term.NRG Energy Inc. (NRG) is trading above its 50-day and 200-day simple moving averages ("SMA"), signaling a bullish trend. NRG’s shares have gained steadily over the past 12 months after the earnings beat in three out of the trai ...
Is Algonquin Power & Utilities (AQN) Outperforming Other Utilities Stocks This Year?
ZACKS· 2025-06-05 14:45
Group 1 - Algonquin Power & Utilities (AQN) is currently performing well in the Utilities sector, with a year-to-date return of approximately 33%, significantly outperforming the sector average of 6.9% [4] - The Zacks Rank for AQN is 2 (Buy), indicating a positive outlook based on earnings estimate revisions and improving earnings outlooks [3][4] - The Zacks Consensus Estimate for AQN's full-year earnings has increased by 1.1% over the past quarter, reflecting improved analyst sentiment [4] Group 2 - AQN is part of the Utility - Electric Power industry, which consists of 60 companies and currently ranks 68 in the Zacks Industry Rank, with an average gain of 7% year-to-date [6] - MYR Group (MYRG) is another Utilities stock that has outperformed the sector, with a year-to-date return of 7.7% and a Zacks Rank of 2 (Buy) [5][6] - The Electric Construction industry, to which MYR Group belongs, is currently ranked 3 and has seen a year-to-date increase of 7.7% [6]
4 Stocks to Watch From the Thriving Water Supply Industry
ZACKS· 2025-06-04 17:06
The companies under the Zacks Utility - Water Supply industry operate continuously to deliver a steady supply of clean, potable water and dependable sewer services to millions across the United States, services that are vital for maintaining public health and hygiene. Traditionally, water demand tends to dip during the winter months, as colder weather limits outdoor usage. In the spring, demand remains moderate, influenced by milder temperatures and gradually increasing outdoor activities.The aging of pipel ...
Artesian Resources (ARTNA) Could Be a Great Choice
ZACKS· 2025-06-04 16:51
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that meas ...
Is the Options Market Predicting a Spike in Ameren Stock?
ZACKS· 2025-06-03 13:50
Group 1 - The options market indicates significant implied volatility for Ameren Corporation, particularly for the June 20, 2025 $75.00 Call option, suggesting that investors expect a substantial price movement [1] - Implied volatility reflects market expectations of future stock movement, often indicating potential upcoming events that could lead to significant price changes [2] - Ameren currently holds a Zacks Rank 3 (Hold) in the Utility - Electric Power industry, which is in the top 29% of the Zacks Industry Rank, with recent analyst activity showing an increase in earnings estimates for the current quarter from 84 cents to $1.03 per share [3] Group 2 - The high implied volatility for Ameren shares may present trading opportunities, as options traders often seek to sell premium on such options, aiming for the underlying stock to not move as much as anticipated [4]