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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...
OverviewZen Score
PriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
CEPU
CENTRAL PUERTO SA
51
71
57
67
20
40
MGEE
MGE ENERGY INC
46
14
71
33
30
80
ETR
ENTERGY CORP
44
43
57
11
30
80
FTS
FORTIS INC
43
29
43
11
30
100
VIA
VIA RENEWABLES INC
43
71
86
0
60
0

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Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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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. 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 18 points higher than the regulated electric utility industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 81.17% over the past year, overperforming other regulated electric utility stocks by 82 percentage points.

2. Mge Energy (NASDAQ:MGEE)


Mge Energy (NASDAQ:MGEE) is the second best regulated electric utility stock with a Zen Score of 46, which is 13 points higher than the regulated electric utility industry average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. Mge Energy has seen its stock return 6.64% over the past year, overperforming other regulated electric utility stocks by 7 percentage points.

Mge Energy has an average 1 year price target of $62.00, a downside of -23.7% from Mge Energy's current stock price of $81.26.

Mge Energy stock has a consensus Strong Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Mge Energy, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 100% have issued a Strong Sell.

3. Entergy (NYSE:ETR)


Entergy (NYSE:ETR) is the third best regulated electric utility stock with a Zen Score of 44, which is 11 points higher than the regulated electric utility industry average of 33. It passed 15 out of 38 due diligence checks and has strong fundamentals. Entergy has seen its stock return 10.07% over the past year, overperforming other regulated electric utility stocks by 11 percentage points.

Entergy has an average 1 year price target of $109.75, a downside of -3.19% from Entergy's current stock price of $113.37.

Entergy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Entergy, 37.5% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 12.5% 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 11.14%, which is 7 percentage points higher than the regulated electric utility industry average of 3.75%. 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. Dominion Energy (NYSE:D)


Dominion Energy (NYSE:D) has an annual dividend yield of 5.01%, which is 1 percentage points higher than the regulated electric utility industry average of 3.75%. 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.

3. National Grid (NYSE:NGG)


National Grid (NYSE:NGG) has an annual dividend yield of 4.82%, which is 1 percentage points higher than the regulated electric utility industry average of 3.75%. National Grid's dividend payout is not stable, having dropped more than 10% ten 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.

Why are regulated electric utility stocks up?

Regulated electric utility stocks were up 0.25% in the last day, and up 0.35% 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. 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 81.17% in the past year. It has overperformed other stocks in the regulated electric utility industry by 82 percentage points.

2. Via Renewables (NASDAQ:VIA)


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

Via Renewables's stock has dropped -11.65% in the past year. It has underperformed other stocks in the regulated electric utility industry by -11 percentage points.

3. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the third most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Enel Chile Sa 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.

Enel Chile Sa's stock has gained 4.29% in the past year. It has overperformed other stocks in the regulated electric utility industry by 5 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 fall by -2.02% 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 17.95x.
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