Sectors & Industries UtilitiesUtilities - Regulated Electric
Best Regulated Electric Utility Stocks to Buy Now (2024)
Top regulated electric utility stocks in 2024 ranked by overall Zen Score. See the best regulated electric utility stocks to buy now, according to analyst forecasts for the utilities - regulated electric industry.

Industry: Utilities - Regulated Ele...

Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Zen Score	Valuation Score	Financials Score	Forecast Score	Performance Score	Dividends Score
EVRG	EVERGY INC	50	57	29	44	20	100
CEPU	CENTRAL PUERTO SA	48	57	57	67	20	40
EIX	EDISON INTERNATIONAL	44	29	57	44	30	60
MGEE	MGE ENERGY INC	44	14	71	22	30	80
ETR	ENTERGY CORP	44	43	57	11	30	80
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Regulated Electric Utility Stocks FAQ

What are the best regulated electric utility stocks to buy right now in May 2024?

According to Zen Score, the 3 best regulated electric utility stocks to buy right now are:

1. Evergy (NASDAQ:EVRG)

Evergy (NASDAQ:EVRG) is the top regulated electric utility stock with a Zen Score of 50, which is 18 points higher than the regulated electric utility industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Evergy has seen its stock lose -13.04% over the past year, underperforming other regulated electric utility stocks by -6 percentage points.

Evergy has an average 1 year price target of $56.00, an upside of 3.78% from Evergy's current stock price of $53.96.

Evergy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Evergy, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Central Puerto Sa (NYSE:CEPU)

Central Puerto Sa (NYSE:CEPU) is the second best regulated electric utility stock with a Zen Score of 48, which is 16 points higher than the regulated electric utility industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 84.95% over the past year, overperforming other regulated electric utility stocks by 92 percentage points.

3. Edison International (NYSE:EIX)

Edison International (NYSE:EIX) is the third best regulated electric utility stock with a Zen Score of 44, which is 12 points higher than the regulated electric utility industry average of 32. It passed 16 out of 38 due diligence checks and has strong fundamentals. Edison International has seen its stock lose -0.5% over the past year, overperforming other regulated electric utility stocks by 7 percentage points.

Edison International has an average 1 year price target of $73.43, an upside of 0.56% from Edison International's current stock price of $73.02.

Edison International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Edison International, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.

What are the regulated electric utility stocks with highest dividends?

Out of 35 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. Brazilian Electric Power Co (NYSE:EBR)

Brazilian Electric Power Co (NYSE:EBR) has an annual dividend yield of N/A, which is N/A percentage points lower than the regulated electric utility industry average of 3.96%. Brazilian Electric Power Co's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Brazilian Electric Power Co's dividend has not shown consistent growth over the last 10 years.

Brazilian Electric Power Co's dividend payout ratio of 11.3% indicates that its dividend yield is sustainable for the long-term.

2. Enel Chile Sa (NYSE:ENIC)

Enel Chile Sa (NYSE:ENIC) has an annual dividend yield of 11.93%, which is 8 percentage points higher than the regulated electric utility industry average of 3.96%. Enel Chile Sa's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Enel Chile Sa's dividend has not shown consistent growth over the last 10 years.

Enel Chile Sa's dividend payout ratio of 72.9% indicates that its high dividend yield is sustainable for the long-term.

3. Dominion Energy (NYSE:D)

Dominion Energy (NYSE:D) has an annual dividend yield of 5.19%, which is 1 percentage points higher than the regulated electric utility industry average of 3.96%. 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 shown consistent growth over the last 10 years.

Dominion Energy's dividend payout ratio of 140.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are regulated electric utility stocks up?

Regulated electric utility stocks were up 0.3% in the last day, and up 1.76% over the last week.

We couldn't find a catalyst for why regulated electric utility stocks are up.

What are the most undervalued regulated electric utility stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued regulated electric utility stocks right now are:

1. Via Renewables (NASDAQ:VIA)

Via Renewables (NASDAQ:VIA) is the most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Via Renewables has a valuation score of 71, which is 43 points higher than the regulated electric utility industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Via Renewables's stock has gained 3.81% in the past year. It has overperformed other stocks in the regulated electric utility industry by 11 percentage points.

2. Evergy (NASDAQ:EVRG)

Evergy (NASDAQ:EVRG) is the second most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Evergy 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.

Evergy's stock has dropped -13.04% in the past year. It has underperformed other stocks in the regulated electric utility industry by -6 percentage points.

3. Central Puerto Sa (NYSE:CEPU)

Central Puerto Sa (NYSE:CEPU) is the third most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Central Puerto Sa 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.

Central Puerto Sa's stock has gained 84.95% in the past year. It has overperformed other stocks in the regulated electric utility industry by 92 percentage points.

Are regulated electric utility stocks a good buy now?

53.33% of regulated electric utility stocks rated by analysts are a buy right now. On average, analysts expect regulated electric utility stocks to rise by 0.2% over the next year.

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 17.47x.

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.

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