55.98 0.00 (0.00%)
After hours: 5:35PM EDT
|Bid||55.87 x 800|
|Ask||56.24 x 1800|
|Day's range||55.88 - 56.39|
|52-week range||42.50 - 56.54|
|Beta (3Y monthly)||0.27|
|PE ratio (TTM)||17.15|
|Earnings date||6 Aug 2019 - 12 Aug 2019|
|Forward dividend & yield||2.48 (4.41%)|
|1y target est||52.50|
Among the top utility stocks in 2019, Southern Company (SO) leads the pack. The stock has rallied almost 30% in 2019. Southern Company has shown an unusual rally in the last few months.
Utility stocks continued to rise last week. The Utilities Select Sector SPDR ETF (XLU) hit a new 52-week high and closed at $61.0 last week. Utility stocks have shown a slow but steady rally in 2019.
Utilities rose 0.3%, while the S&P; 500 rose 1.6% for the week ending June 21. So far in 2019, utility stocks have risen almost 15%, while broader markets have risen more than 17%.
Southern Company (SO) stock looks attractive based on its current valuation. The stock is trading at 18x its forward earnings and close to its five-year historical average.
Southern Company (SO), the top regulated utility stock, continued to rise. The stock hit an all-time high of $56.01 on June 19. The utilities sector is susceptible to interest rates.
Southern Company (SO) stock presents a downside of ~4.0% from its current price level of $55.5. Analysts have given Southern Company stock a target price of $53.3. Of the 20 analysts tracking Southern Company, two analysts rated the stock as a “buy,” 13 analysts rated it as a “hold,” four analysts rated it a “sell,” and one analyst rated it as a “strong sell” as of June 18.
Southern Company (SO) stock is on a roll and has managed to rise more than 25% so far this year. It is currently trading at a dividend yield of ~5.0%, higher than peers’ average of 3.2%. Southern Company has increased its dividends for the last 18 years.
The utilities sector continues to offer a premium dividend yield along with stable upward price movement. On average, utility stocks are currently yielding 3.2%, while broader markets offer a yield close to ~2%.
Analysts expect a downside of ~1% from NextEra Energy (NEE) stock based on the mean target price of $205.0 and its current price of ~$207.0. Analysts seem more positive on NextEra Energy stock compared to its peers.
Many top utility stocks are trading at a significant premium to their historical averages. NextEra Energy (NEE) stock is trading at 24x its forward earnings. NextEra Energy's five-year historical average valuation is ~18x–19x.
Utility stocks are still strong based on their simple moving average levels. Southern Company (SO) stock is trading in the "overbought" zone. The stock is trading at a large premium to its support levels.
Today we'll take a closer look at The Southern Company (NYSE:SO) from a dividend investor's perspective. Owning a...
Southern Co. (SO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
From a distance, Southern Company's earnings were terrible in the first quarter. Look a little closer and the picture changes materially.
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
Southern Company's (SO) strategic strides, splendid earnings surprise record and impressive dividend payouts have been fueling the stock of late.
Utilities: Analyzing Movers and Shakers Last Week(Continued from Prior Part)Chart indicatorsCurrently, the Utilities Select Sector SPDR ETF (XLU) is trading at $58.8, which is more than 1% and 6% above its 50-day and 200-day moving average levels,
With its first-quarter earnings, utility Southern gave an update on the Vogtle nuclear build. That was more interesting than the earnings numbers.
Investors Flock to Utilities amid Trade War TensionsUtilities back in focusThe increasing severity of the trade war pulled broader markets down ~2.5% yesterday. The “widow-and-orphan” utilities sector stood firm throughout the day and rose over
How Utilities Fared amid Broader Market Swings Last Week(Continued from Prior Part)ValuationAlmost all the top utility stocks have showed a decent rally in the last few months. They are trading more than 17 times their forward earnings, higher than
How Utilities Fared amid Broader Market Swings Last Week(Continued from Prior Part)Moving averagesThe Utilities Select Sector SPDR ETF (XLU) is currently trading at ~$58.0, marginally above its 50-day and 5% above its 200-day simple moving average