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Xcel Energy (NASDAQ:XEL) Sees Positive Market Sentiment Following Settlement Agreement
Financial Modeling Prep· 2025-09-26 13:00
Core Viewpoint - Xcel Energy is positioned for growth following a significant lawsuit settlement and is focusing on expanding its services to meet increasing demand in the data center sector [3][4][6] Group 1: Company Overview - Xcel Energy, listed as NASDAQ:XEL, is a major utility company providing electricity and natural gas services across multiple U.S. states [1] - The company competes with other major utilities and aims to maintain its market position through strategic initiatives [1] Group 2: Recent Developments - On September 25, 2025, UBS analyst William Appicelli set a price target of $82 for XEL, indicating a potential increase of approximately 6.15% from its then-current price of $77.25 [2][6] - Xcel Energy's stock price recently surged by 6.7% to close at $77.93, with a trading volume of 10.85 million shares, indicating strong investor interest [2] Group 3: Legal Settlement - The company settled the 2021 Marshall Fire lawsuit for $640 million, which has positively impacted market sentiment [3][6] - Nearly $350 million of the settlement will be covered by insurance, showcasing the company's effective financial management [3] Group 4: Future Outlook - Xcel Energy anticipates customer requests for data centers to reach approximately 8.9 gigawatts by 2029, positioning itself to benefit from emerging market trends [4][6] - Despite a recent stock price decrease of 0.87%, Xcel Energy has shown resilience with a modest gain of 0.7% over the past four weeks [5]
New Jersey Resources Raises Dividend for the 30th Consecutive Year
Businesswire· 2025-09-10 15:45
Group 1 - The board of directors of New Jersey Resources Corporation has approved an increase in the quarterly dividend rate to $0.475 per share from $0.45 per share [1] - The new quarterly dividend rate will be effective for the dividend payable on October 1, 2025, to shareholders of record on September 22, 2025 [1] - The new annual dividend rate will be $1.90 per share, continuing the company's history of paying quarterly dividends since its inception in 1952 [1]
Overlooked Analyst-Approved Dividend Plays You Can Count On
MarketBeat· 2025-08-27 11:03
Group 1: Essential Utilities - Essential Utilities has a dividend yield of 3.50% and an annual dividend of $1.37, with a dividend increase track record of 32 years and a payout ratio of 58.80% [3][5] - The company reported a 35% year-over-year increase in GAAP EPS, driven by its gas and water businesses and operational efficiency, particularly in Texas [4] - Essential Utilities announced a 5.25% increase in its dividend, continuing its tradition of over three decades of dividend increases, indicating strong earnings growth potential [5] Group 2: Globe Life - Globe Life has a dividend yield of 0.77% and an annual dividend of $1.08, with a dividend increase track record of 20 years and a low payout ratio of 8.63% [7][10] - The company reported a net operating income of $271 million for the latest quarter, marking a 10% year-over-year improvement, and raised its full-year earnings guidance [8] - Globe Life has engaged in significant share buybacks, spending approximately $226 million in the second quarter and planning up to $650 million in repurchases through 2025 [9] Group 3: NetEase - NetEase has a dividend yield of 1.66% and an annual dividend of $2.27, with a payout ratio of 30.72% [11] - Despite facing potential downside of -9.5%, most analysts still view NetEase shares as a Buy, highlighting its successful games segment driven by popular titles [12]
Southwest Gas (SWX) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2025-06-27 14:46
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the short term [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - The Growth Style Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score assesses stocks based on price trends and earnings outlook, utilizing factors like recent price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive rating to identify stocks with the best overall potential [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection, with a historical average annual return of +25.41% for 1 (Strong Buy) stocks since 1988 [7][8] - There are over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores to narrow down choices [9] Stock Example: Southwest Gas (SWX) - Southwest Gas Corporation is a regulated utility with a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [11] - The company has a Value Style Score of B, supported by a forward P/E ratio of 20, making it attractive for value investors [11] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate to $3.72 per share for fiscal 2025, with an average earnings surprise of 6% [12]
3 Stocks With Upgraded Broker Ratings to Bet on Amid Uncertainties
ZACKS· 2025-05-27 14:11
Core Viewpoint - Stock markets are experiencing significant volatility due to the ongoing trade war, economic slowdown expectations, and rising inflation, leading the Federal Reserve to maintain steady interest rates, which poses challenges for retail investors in stock selection and achieving returns [1] Group 1: Broker Recommendations - Following brokers' recommendations can simplify stock selection, with Urban Outfitters, Inc. (URBN), Inogen, Inc. (INGN), and Southwest Gas Holdings, Inc. (SWX) identified as worthwhile investments [2] - Brokers have direct communication with top management, providing them with insights into company performance and industry conditions, which aids in assessing stock potential [3] Group 2: Stock Selection Strategy - A screening strategy for potential winners includes stocks with broker rating upgrades of 1% or more over the last four weeks, current prices above $5, and an average 20-day trading volume greater than 100,000 [5] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) have a proven success record, and those with a VGM Score of A or B combined with a Zacks Rank 1 or 2 offer the best upside potential [6] Group 3: Company Insights - Urban Outfitters, based in Philadelphia, is a lifestyle specialty retailer with a projected 20% year-over-year earnings increase for fiscal 2026 and a 9.1% upward revision in broker ratings over the past four weeks, currently holding a Zacks Rank 2 [7][8] - Inogen, a medical technology company focused on respiratory health, is expected to see a 24.3% year-over-year earnings growth in 2025, with a 25% upward revision in broker ratings and a Zacks Rank 2 [9][10] - Southwest Gas, a regulated utility providing natural gas services, anticipates an 18.4% year-over-year earnings increase in 2025, with a 14.3% upward revision in broker ratings and currently holding a Zacks Rank 1 [10][11]
Here's Why Southwest Gas (SWX) is a Strong Value Stock
ZACKS· 2025-04-21 14:46
Group 1 - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market over the next 30 days, based on value, growth, and momentum characteristics [2][3] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales, appealing to value investors [3] - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score assists investors in capitalizing on price trends, utilizing metrics like weekly price changes and monthly earnings estimate shifts [5] Group 3 - The VGM Score combines the Value, Growth, and Momentum Scores to identify stocks with the most attractive overall characteristics, serving as a strong indicator alongside the Zacks Rank [6] - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify the process of building a successful investment portfolio [7][10] Group 4 - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the highest probability of success [10][11] Group 5 - Southwest Gas Corporation (SWX) is a regulated utility providing natural gas services, currently holding a Zacks Rank of 2 (Buy) and a VGM Score of A [12] - SWX has a forward P/E ratio of 19.66, indicating attractive valuation metrics for value investors [12][13] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.05 to $3.74 per share, and an average earnings surprise of 0.5% [13]