Sectors & Industries UtilitiesUtilities - Regulated Electric
Best Regulated Electric Utility Stocks to Buy Now (2026)
Top regulated electric utility stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best regulated electric utility stocks to buy now. Learn More.

Industry: Utilities - Regulated Ele...

Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Utilities - Regulated Electric is Zen Rated F and is the 120th ranked industry out of 145 stock market industries

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
GNE	GENIE ENERGY LTD	$13.53	$9.56	41.55%	67.65x	23.92x	0.73x	1.80x	0.56x	$32.78M	9.27%	$198.81M	7.60	$231.85M	26.72
AXIA	AXIA ENERGIA	$10.50	N/A	N/A	13.38x	N/A	3.00x	0.99x	N/A	$860.45M	4.14%	$20.97B	10.61	$29.57B	6.55
HE	HAWAIIAN ELECTRIC INDUSTRIES INC	$14.06	$7.16	96.33%	19.80x	13.56x	0.79x	1.51x	1.51x	$49.87M	2.06%	$1.61B	9.31	$4.41B	7.59
ENIC	ENEL CHILE SA	$3.91	N/A	N/A	34.91x	N/A	1.27x	1.02x	N/A	$905.10M	16.73%	$5.30B	3.83	$8.05B	18.25
CEPU	CENTRAL PUERTO SA	$15.15	N/A	N/A	51.36x	N/A	3.48x	1.43x	N/A	$104.44M	4.55%	$1.61B	10.63	$2.63B	7.07
KEP	KOREA ELECTRIC POWER CORP	$15.99	$14.05	13.84%	8.41x	N/A	0.32x	0.74x	1.56x	$1.44B	7.03%	$27.92B	21.74	$125.47B	6.73
POR	PORTLAND GENERAL ELECTRIC CO	$50.97	$26.27	94.04%	18.40x	14.74x	1.57x	1.43x	1.62x	-$71.00M	-1.26%	$4.13B	37.41	$10.77B	9.21
EIX	EDISON INTERNATIONAL	$69.75	N/A	N/A	6.02x	11.27x	1.39x	1.53x	N/A	-$715.00M	-2.66%	$17.58B	45.66	$68.23B	6.34
PCG	PG&E CORP	$17.32	$14.40	20.27%	14.68x	10.42x	1.53x	1.17x	0.77x	-$3.07B	-8.07%	$32.54B	14.81	$98.43B	9.76
NGG	NATIONAL GRID PLC	$81.99	$215.88	-62.02%	6.16x	N/A	2.88x	1.65x	0.20x	-$2.63B	-3.12%	$51.09B	49.77	$146.81B	8.52
D	DOMINION ENERGY INC	$59.38	$26.68	122.53%	17.16x	16.20x	3.16x	1.79x	2.72x	-$7.29B	-13.97%	$29.08B	33.10	$100.87B	12.25
FE	FIRSTENERGY CORP	$48.54	$23.82	103.81%	27.42x	17.25x	1.86x	2.24x	1.21x	-$1.01B	-3.59%	$12.51B	21.68	$54.51B	9.95
ES	EVERSOURCE ENERGY	$66.67	$36.39	83.20%	14.62x	13.25x	1.83x	1.55x	2.07x	-$45.10M	-0.18%	$16.20B	43.68	$55.01B	11.84
EDN	EDENOR	$27.76	N/A	N/A	4.99x	N/A	0.69x	0.93x	N/A	-$101.95M	-8.10%	$1.35B	29.72	$1.65B	2.64
XEL	XCEL ENERGY INC	$76.77	$34.88	120.10%	22.32x	18.46x	3.07x	2.03x	1.69x	-$6.83B	-15.15%	$23.61B	40.22	$83.66B	13.47
EVRG	EVERGY INC	$78.70	$34.03	131.29%	21.21x	18.09x	3.04x	1.77x	2.03x	-$751.70M	-4.14%	$10.22B	44.34	$33.31B	12.50
MGEE	MGE ENERGY INC	$74.13	$27.65	168.09%	19.93x	18.60x	3.64x	2.58x	3.62x	-$79.99M	-2.95%	$1.05B	28.76	$3.62B	11.87
NEE	NEXTERA ENERGY INC	$89.50	$33.41	167.92%	27.04x	22.10x	6.80x	3.41x	2.07x	$3.21B	1.72%	$54.61B	26.21	$279.28B	16.25
ED	CONSOLIDATED EDISON INC	$109.45	$46.79	133.92%	19.34x	17.47x	2.31x	1.63x	2.45x	$36.00M	0.09%	$24.19B	67.68	$66.29B	10.78
PPL	PPL CORP	$36.55	$16.12	126.71%	22.84x	18.60x	2.99x	1.82x	1.75x	-$1.40B	-5.18%	$14.88B	20.13	$45.30B	12.26
AEP	AMERICAN ELECTRIC POWER CO INC	$125.66	$46.38	170.96%	18.76x	19.61x	3.07x	N/A	4.63x	-$4.96B	-7.39%	N/A	N/A	$67.70B	7.43
CNP	CENTERPOINT ENERGY INC	$42.02	$15.81	165.80%	26.10x	21.79x	2.93x	2.46x	2.12x	-$2.38B	-8.69%	$11.15B	17.08	$50.94B	13.84
TXNM	TXNM ENERGY INC	$58.07	$26.68	117.64%	38.97x	19.24x	2.92x	2.64x	1.10x	-$611.43M	-9.67%	$2.40B	22.01	$9.47B	10.33
EXC	EXELON CORP	$46.44	$21.11	119.95%	16.95x	16.13x	1.94x	1.65x	2.70x	-$2.28B	-4.84%	$28.80B	28.49	$96.43B	10.64
AEE	AMEREN CORP	$106.06	$40.14	164.24%	19.71x	19.58x	3.26x	2.19x	3.53x	-$821.00M	-2.86%	$13.40B	49.54	$49.13B	12.35
FTS	FORTIS INC	$55.06	$16.31	237.51%	22.02x	N/A	3.12x	1.60x	7.53x	-$1.03B	-3.68%	$17.51B	34.51	$53.13B	18.05
OGE	OGE ENERGY CORP	$46.14	$18.16	154.02%	19.80x	18.81x	2.86x	1.91x	3.03x	$82.70M	0.89%	$4.98B	24.65	$15.18B	10.91
DUK	DUKE ENERGY CORP	$126.81	$49.84	154.46%	20.10x	18.69x	3.06x	1.90x	2.94x	-$1.69B	-1.72%	$51.84B	66.72	$189.24B	11.17
DTE	DTE ENERGY CO	$141.57	$60.13	135.42%	20.11x	18.16x	1.85x	2.39x	2.32x	-$988.00M	-3.37%	$12.30B	59.44	$55.46B	12.47
PEG	PUBLIC SERVICE ENTERPRISE GROUP INC	$79.44	$32.46	144.71%	18.78x	17.97x	3.26x	2.33x	3.03x	$26.00M	0.07%	$16.98B	34.03	$63.83B	13.77
SO	SOUTHERN CO	$93.39	$37.79	147.15%	23.70x	19.85x	3.49x	2.90x	2.03x	-$2.63B	-2.56%	$36.02B	32.65	$176.98B	12.26
CMS	CMS ENERGY CORP	$74.42	$30.31	145.56%	21.08x	19.01x	2.67x	2.49x	2.40x	-$1.59B	-6.97%	$9.14B	29.84	$41.09B	10.47
WEC	WEC ENERGY GROUP INC	$112.18	$44.68	151.10%	23.18x	19.85x	3.68x	2.68x	2.18x	-$1.02B	-2.82%	$13.61B	42.29	$58.80B	14.52
ETR	ENTERGY CORP	$99.90	$38.38	160.29%	25.10x	22.38x	3.41x	2.67x	2.12x	-$2.79B	-6.32%	$16.92B	38.29	$74.26B	12.08
PNW	PINNACLE WEST CAPITAL CORP	$97.27	$40.10	142.57%	18.89x	20.49x	2.18x	1.32x	2.90x	-$513.14M	-4.41%	$8.88B	74.21	$24.14B	11.41
IDA	IDACORP INC	$135.48	$50.14	170.18%	22.73x	21.01x	4.05x	2.08x	2.74x	-$577.49M	-7.86%	$3.57B	65.86	$10.89B	14.09
LNT	ALLIANT ENERGY CORP	$68.71	$26.78	156.58%	21.81x	19.86x	4.05x	2.41x	2.55x	-$1.11B	-6.27%	$7.33B	28.54	$29.23B	14.48
IMSR	TERRESTRIAL ENERGY INC	$6.12	N/A	N/A	-0.21x	-8.76x	31.22x	-101.81x	N/A	N/A	N/A	-$6.36M	-5.01	$647.83M	N/A
EMA	EMERA INC	$51.27	N/A	N/A	19.40x	N/A	2.52x	1.59x	N/A	-$830.71M	-5.40%	$9.62B	32.08	$29.93B	12.49
NKLR	TERRA INNOVATUM GLOBAL NV	$5.11	N/A	N/A	N/A	-22.77x	N/A	-84.93x	N/A	-$3.73M	-1.04%	-$4.23M	-0.06	$360.97M	-75.82
OKLO	OKLO INC	$53.97	N/A	N/A	-74.96x	-76.75x	N/A	6.35x	N/A	-$115.38M	-1.46%	$1.48B	10.09	$8.58B	-78.24

Regulated Electric Utility Stocks FAQ

What are the best regulated electric utility stocks to buy right now in Mar 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best regulated electric utility stocks to buy right now are:

1. Genie Energy (NYSE:GNE)

Genie Energy (NYSE:GNE) is the #1 top regulated electric utility stock out of 41 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Genie Energy (NYSE:GNE) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.

Genie Energy (NYSE:GNE) has a Due Diligence Score of 48, which is 18 points higher than the regulated electric utility industry average of 30.

GNE passed 18 out of 38 due diligence checks and has strong fundamentals. Genie Energy has seen its stock lose -8.52% over the past year, underperforming other regulated electric utility stocks by -18 percentage points.

2. Axia Energia (NYSE:AXIA)

Axia Energia (NYSE:AXIA) is the #2 top regulated electric utility stock out of 41 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Axia Energia (NYSE:AXIA) is: Value: C, Growth: C, Momentum: A, Sentiment: B, Safety: B, Financials: C, and AI: A.

Axia Energia (NYSE:AXIA) has a Due Diligence Score of 23, which is -7 points lower than the regulated electric utility industry average of 30. Although this number is below the industry average, our proven quant model rates AXIA as a "B".

AXIA passed 9 out of 38 due diligence checks and has weak fundamentals. Axia Energia has seen its stock return 41.7% over the past year, overperforming other regulated electric utility stocks by 33 percentage points.

3. Hawaiian Electric Industries (NYSE:HE)

Hawaiian Electric Industries (NYSE:HE) is the #3 top regulated electric utility stock out of 41 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Hawaiian Electric Industries (NYSE:HE) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Hawaiian Electric Industries (NYSE:HE) has a Due Diligence Score of 19, which is -11 points lower than the regulated electric utility industry average of 30. Although this number is below the industry average, our proven quant model rates HE as a "B".

HE passed 7 out of 38 due diligence checks and has weak fundamentals. Hawaiian Electric Industries has seen its stock return 26.9% over the past year, overperforming other regulated electric utility stocks by 18 percentage points.

Hawaiian Electric Industries has an average 1 year price target of $13.25, a downside of -5.76% from Hawaiian Electric Industries's current stock price of $14.06.

Hawaiian Electric Industries stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Hawaiian Electric Industries, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the regulated electric utility stocks with highest dividends?

Out of 31 regulated electric utility stocks that have issued dividends in the past year, the 3 regulated electric utility stocks with the highest dividend yields are:

1. Dominion Energy (NYSE:D)

Dominion Energy (NYSE:D) has an annual dividend yield of 4.5%, which is 2 percentage points higher than the regulated electric utility industry average of 2.86%. Dominion Energy's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Dominion Energy's dividend has not shown consistent growth over the last 10 years.

Dominion Energy's dividend payout ratio of 77.3% indicates that its high dividend yield is sustainable for the long-term.

2. Portland General Electric Co (NYSE:POR)

Portland General Electric Co (NYSE:POR) has an annual dividend yield of 4.07%, which is 1 percentage points higher than the regulated electric utility industry average of 2.86%. Portland General Electric Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Portland General Electric Co's dividend has shown consistent growth over the last 10 years.

Portland General Electric Co's dividend payout ratio of 74.9% indicates that its dividend yield is sustainable for the long-term.

3. National Grid (NYSE:NGG)

National Grid (NYSE:NGG) has an annual dividend yield of 3.81%, which is 1 percentage points higher than the regulated electric utility industry average of 2.86%. National Grid's dividend payout is not stable, having dropped more than 10% eleven times in the last 10 years. National Grid's dividend has not shown consistent growth over the last 10 years.

National Grid's dividend payout ratio of 52.7% indicates that its dividend yield is sustainable for the long-term.

Why are regulated electric utility stocks down?

Regulated electric utility stocks were down -2.87% in the last day, and down -4.92% over the last week. National Grid was the among the top losers in the utilities - regulated electric industry, dropping -4.14% yesterday.

Shares of U.S.-listed UK companies are trading lower after Oxford Economics cut its 2026 UK GDP growth forecast from 0.9% to 0.4% amid inflationary energy prices and delayed monetary easing.

What are the most undervalued regulated electric utility stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued regulated electric utility stocks right now are:

1. Korea Electric Power (NYSE:KEP)

Korea Electric Power (NYSE:KEP) is the most undervalued regulated electric utility stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Korea Electric Power has a valuation score of 43, which is 15 points higher than the regulated electric utility industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Korea Electric Power's stock has gained 112.35% in the past year. It has overperformed other stocks in the regulated electric utility industry by 103 percentage points.

2. Edison International (NYSE:EIX)

Edison International (NYSE:EIX) is the second most undervalued regulated electric utility stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Edison International has a valuation score of 43, which is 15 points higher than the regulated electric utility industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Edison International's stock has gained 18.38% in the past year. It has overperformed other stocks in the regulated electric utility industry by 9 percentage points.

3. PG&E (NYSE:PCG)

PG&E (NYSE:PCG) is the third most undervalued regulated electric utility stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

PG&E has a valuation score of 57, which is 29 points higher than the regulated electric utility industry average of 28. It passed 4 out of 7 valuation due diligence checks.

PG&E's stock has gained 0.7% in the past year. It has underperformed other stocks in the regulated electric utility industry by -8 percentage points.

Are regulated electric utility stocks a good buy now?

53.13% of regulated electric utility stocks rated by analysts are a buy right now. On average, analysts expect regulated electric utility stocks to rise by 8.57% over the next year.

0% of regulated electric utility stocks have a Zen Rating of A (Strong Buy), 12.2% of regulated electric utility stocks are rated B (Buy), 53.66% are rated C (Hold), 24.39% are rated D (Sell), and 9.76% are rated F (Strong Sell).

What is the average p/e ratio of the utilities - regulated electric industry?

The average P/E ratio of the utilities - regulated electric industry is 19.53x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.