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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...
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
CEPU
CENTRAL PUERTO SA
$1.56B$359.06M$679.00M$169.52M$1.13-78.33%-13.32%-45.52%-28.40%2024-05-13
EVRG
EVERGY INC
$12.05B$5.51B$2.35B$731.30M$3.18-5.99%5.20%-2.75%4.93%2024-05-09
EIX
EDISON INTERNATIONAL
$27.34B$16.45B$5.48B$876.00M$2.27-4.46%4.95%3.18%N/A
MGEE
MGE ENERGY INC
$2.83B$690.43M$276.28M$117.70M$3.25-3.37%4.29%5.86%5.99%2024-05-21
NGG
NATIONAL GRID PLC
$52.39B$26.74B$15.13B$9.63B$13.157.50%4.47%198.33%-2.33%
ETR
ENTERGY CORP
$22.75B$12.15B$4.92B$2.36B$11.14-11.75%1.99%106.30%18.94%2024-05-03
D
DOMINION ENERGY INC
$42.69B$14.39B$7.37B$1.99B$2.293.26%5.15%53.69%-9.34%2024-05-07
ED
CONSOLIDATED EDISON INC
$32.62B$14.66B$6.06B$2.52B$7.25-6.43%3.51%54.91%10.35%2024-05-20
FTS
FORTIS INC
$19.28B$8.59B$2.59B$1.12B$2.317.43%6.86%14.88%3.97%2024-05-02
AGR
AVANGRID INC
$14.13B$8.26B$2.54B$892.00M$2.310.05%5.06%31.25%5.00%2024-06-12
OGE
OGE ENERGY CORP
$6.94B$2.67B$1.20B$416.80M$2.08-20.78%3.33%-37.54%-0.47%2024-05-16
PCG
PG&E CORP
$44.74B$24.08B$7.88B$2.41B$1.149.00%7.58%18.75%N/A2024-05-16
FE
FIRSTENERGY CORP
$22.07B$12.93B$4.99B$1.06B$1.851.77%2.76%160.56%87.42%2024-05-22
XEL
XCEL ENERGY INC
$29.85B$13.78B$5.32B$1.84B$3.33-11.92%3.27%2.46%5.82%2024-05-22
PNW
PINNACLE WEST CAPITAL CORP
$8.35B$4.70B$1.76B$501.56M$4.428.59%4.93%3.51%-0.62%2024-05-22
CMS
CMS ENERGY CORP
$18.10B$7.35B$3.47B$960.00M$3.28-13.54%1.05%40.77%8.12%2024-05-03
AEP
AMERICAN ELECTRIC POWER CO INC
$45.35B$19.32B$7.65B$2.81B$5.39-2.13%3.58%39.28%5.47%
POR
PORTLAND GENERAL ELECTRIC CO
$4.45B$3.10B$956.00M$264.00M$2.6212.10%8.43%-4.73%1.10%
EDN
EDENOR
$772.75M$802.81M$671.31M$54.31M$1.27-76.14%-22.52%N/A-23.92%
IDA
IDACORP INC
$4.80B$1.77B$624.87M$261.20M$5.157.44%5.20%0.78%2.74%2024-05-16
CNP
CENTERPOINT ENERGY INC
$18.64B$8.54B$3.31B$904.00M$1.43-8.57%9.79%12.60%17.44%
NEE
NEXTERA ENERGY INC
$137.59B$27.13B$16.76B$7.49B$3.689.47%9.87%9.20%19.42%2024-05-23
DUK
DUKE ENERGY CORP
$75.74B$29.06B$12.38B$2.74B$3.541.02%3.46%11.67%-1.20%2024-05-09
LNT
ALLIANT ENERGY CORP
$12.75B$4.03B$1.78B$703.00M$2.78-4.23%2.65%1.83%4.89%2024-05-17
SO
SOUTHERN CO
$80.19B$25.25B$11.90B$3.98B$3.64-13.75%1.45%10.98%10.80%2024-05-22
VIA
VIA RENEWABLES INC
$78.76M$435.19M$44.55M$4.36M$1.36-5.49%-15.43%N/AN/A2024-05-30
ENIC
ENEL CHILE SA
$4.08B$4.62B$1.17B$667.92M$0.48-14.49%7.08%-51.03%5.01%2024-05-07
GNE
GENIE ENERGY LTD
$418.34M$428.71M$24.34M$19.21M$0.7535.87%8.87%-77.61%-2.47%2024-05-08
EXC
EXELON CORP
$37.56B$21.73B$7.94B$2.33B$2.3413.89%-9.59%6.36%2.48%2024-05-02
PPL
PPL CORP
$20.24B$8.31B$2.93B$740.00M$1.005.19%1.32%-2.91%-17.33%2024-05-15
DTE
DTE ENERGY CO
$22.83B$12.21B$3.87B$1.27B$6.12-33.77%-2.67%8.13%-0.83%2024-05-02
AEE
AMEREN CORP
$19.67B$7.50B$3.33B$1.15B$4.39-5.74%3.58%5.53%5.62%2024-05-09
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
$34.41B$10.24B$4.05B$1.81B$3.63-8.90%0.77%-22.10%3.01%
EBR
BRAZILIAN ELECTRIC POWER CO
$14.55B$7.30B$3.44B$959.09M$0.3918.46%2.46%18.31%-31.80%2024-05-08
PNM
PNM RESOURCES INC
$3.34B$1.94B$615.52M$87.29M$1.02-13.80%6.18%-48.22%-0.95%2024-06-04
WEC
WEC ENERGY GROUP INC
$26.08B$8.89B$3.53B$1.33B$4.22-7.34%2.98%-5.38%4.66%2024-05-09
ES
EVERSOURCE ENERGY
$21.20B$11.91B$1.88B-$442.24M-$1.27-3.08%7.11%N/AN/A2024-05-02
KEP
KOREA ELECTRIC POWER CORP
$9.82B$63.27B$7.75B-$3.49B-$2.7220.74%4.60%N/AN/A2024-05-15
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
$1.08B$3.68B$682.03M$199.24M$1.82-1.60%5.18%-17.27%-0.33%2024-05-13
SUUN
SOLARBANK CORP
N/AN/AN/AN/AN/AN/AN/AN/AN/A
VSTE
VAST RENEWABLES LTD
$99.59M$1.69M-$295.30M-$298.21M-$67.10-31.53%N/AN/AN/A
ALCE
ALTERNUS CLEAN ENERGY INC
$27.31M$20.08M-$31.42M-$53.65M-$0.9317.53%N/AN/AN/A

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. Central Puerto Sa (NYSE:CEPU)


Central Puerto Sa (NYSE:CEPU) is the top regulated electric utility stock with a Zen Score of 51, which is 19 points higher than the regulated electric utility industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 73.57% over the past year, overperforming other regulated electric utility stocks by 83 percentage points.

2. Evergy (NASDAQ:EVRG)


Evergy (NASDAQ:EVRG) 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 16 out of 38 due diligence checks and has strong fundamentals. Evergy has seen its stock lose -16.04% over the past year, underperforming other regulated electric utility stocks by -7 percentage points.

Evergy has an average 1 year price target of $56.00, an upside of 6.77% from Evergy's current stock price of $52.45.

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.

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 -3.91% over the past year, overperforming other regulated electric utility stocks by 5 percentage points.

Edison International has an average 1 year price target of $72.71, an upside of 2.33% from Edison International's current stock price of $71.06.

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. 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.

2. National Grid (NYSE:NGG)


National Grid (NYSE:NGG) has an annual dividend yield of 5.3%, which is 1 percentage points higher than the regulated electric utility industry average of 3.96%. 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 25.7% 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 5.24%, 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 116.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are regulated electric utility stocks down?

Regulated electric utility stocks were down -0.45% in the last day, and up 0.29% over the last week.

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

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. Central Puerto Sa (NYSE:CEPU)


Central Puerto Sa (NYSE:CEPU) is the most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Central Puerto Sa has a valuation score of 71, which is 42 points higher than the regulated electric utility industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Central Puerto Sa's stock has gained 73.57% in the past year. It has overperformed other stocks in the regulated electric utility industry by 83 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 28 points higher than the regulated electric utility industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Evergy's stock has dropped -16.04% in the past year. It has underperformed other stocks in the regulated electric utility industry by -7 percentage points.

3. Via Renewables (NASDAQ:VIA)


Via Renewables (NASDAQ:VIA) is the third most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Via Renewables has a valuation score of 57, which is 28 points higher than the regulated electric utility industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Via Renewables's stock has gained 7.08% in the past year. It has overperformed other stocks in the regulated electric utility industry by 16 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 1.7% 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 16.72x.
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.