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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
MGEE
MGE ENERGY INC
$3.04B$83.96$65.00-22.58%Strong Sell14.79%10.27%17.33%6.23%
FTS
FORTIS INC
$19.87B$40.50N/AN/AN/AN/A2.92%2.88%7.58%2.48%
CEPU
CENTRAL PUERTO SA
$1.28B$8.44N/AN/AN/AN/A51.25%-70.72%182.14%108.35%
ETR
ENTERGY CORP
$23.59B$110.48$113.722.93%Buy93.56%-6.16%N/AN/A
EIX
EDISON INTERNATIONAL
$28.83B$74.94$78.204.35%Buy103.58%37.86%N/AN/A
OGE
OGE ENERGY CORP
$7.43B$37.04$35.00-5.51%Buy214.61%6.72%10.78%3.71%
LNT
ALLIANT ENERGY CORP
$14.06B$54.84$53.17-3.05%Buy610.68%8.75%12.79%4.10%
PPL
PPL CORP
$21.11B$28.62$30.004.82%Strong Buy74.33%33.69%10.36%3.67%
XEL
XCEL ENERGY INC
$31.08B$55.94$61.9010.65%Buy104.78%7.09%N/AN/A
CMS
CMS ENERGY CORP
$18.32B$61.34$63.443.43%Buy94.65%5.69%N/AN/A
AEP
AMERICAN ELECTRIC POWER CO INC
$49.10B$93.14$88.36-5.13%Hold114.94%5.08%N/AN/A
PCG
PG&E CORP
$47.07B$18.00$20.8615.87%Strong Buy75.11%13.63%16.22%3.27%
FE
FIRSTENERGY CORP
$22.78B$39.59$40.833.14%Buy63.99%18.49%N/AN/A
ENIC
ENEL CHILE SA
$3.85B$2.78N/AN/AN/AN/AN/AN/AN/AN/A
PNW
PINNACLE WEST CAPITAL CORP
$9.33B$82.17$76.77-6.57%Buy113.56%5.04%N/AN/A
POR
PORTLAND GENERAL ELECTRIC CO
$4.78B$46.35$43.75-5.61%Buy43.29%8.23%N/AN/A
EDN
EDENOR
$736.04M$16.24N/AN/AN/AN/A68.37%N/A-647.63%-188.35%
EXC
EXELON CORP
$36.13B$36.13$38.837.48%Buy60.61%6.06%N/AN/A
DUK
DUKE ENERGY CORP
$82.52B$106.92$102.78-3.87%Buy92.52%19.02%N/AN/A
DTE
DTE ENERGY CO
$24.02B$116.09$118.001.65%Buy84.30%7.85%N/AN/A
IDA
IDACORP INC
$4.78B$94.34$95.751.49%Hold42.14%6.55%10.31%3.60%
AEE
AMEREN CORP
$19.95B$74.82$77.293.30%Buy76.29%6.13%N/AN/A
EVRG
EVERGY INC
$12.73B$55.37$57.834.45%Strong Buy6-1.23%14.30%10.10%3.12%
CNP
CENTERPOINT ENERGY INC
$18.53B$28.97$30.224.32%Hold93.48%9.45%N/AN/A
SO
SOUTHERN CO
$89.00B$81.40$77.30-5.04%Buy103.73%5.62%N/AN/A
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
$37.18B$74.64$75.000.48%Strong Buy110.11%6.77%15.53%4.66%
WEC
WEC ENERGY GROUP INC
$25.76B$81.55$88.007.91%Hold85.72%6.83%N/AN/A
ED
CONSOLIDATED EDISON INC
$32.52B$94.04$91.00-3.23%Hold93.36%4.13%N/AN/A
GNE
GENIE ENERGY LTD
$453.08M$16.70N/AN/AN/AN/AN/AN/AN/AN/A
PNM
PNM RESOURCES INC
$3.59B$39.77$40.501.84%Buy21.62%76.15%11.33%2.60%
EBR
BRAZILIAN ELECTRIC POWER CO
$13.15B$6.65N/AN/AN/AN/AN/A-17.74%1.34%0.57%
D
DOMINION ENERGY INC
$43.09B$51.41$51.750.66%Buy83.09%25.02%N/AN/A
ES
EVERSOURCE ENERGY
$21.52B$61.10$64.315.25%Buy137.79%N/A13.20%3.35%
NGG
NATIONAL GRID PLC
$49.03B$61.79N/AN/AN/AN/A-6.98%9.73%54.41%16.53%
NEE
NEXTERA ENERGY INC
$147.93B$72.00$79.6410.62%Buy147.85%2.68%18.20%4.92%
AGR
AVANGRID INC
$13.76B$35.56$35.00-1.57%Hold13.10%2.71%N/AN/A
KEP
KOREA ELECTRIC POWER CORP
$9.18B$7.15N/AN/AN/AN/AN/AN/AN/AN/A
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
$1.93B$17.51$10.00-42.89%Sell2N/AN/AN/AN/A
TLN
TALEN ENERGY CORP
N/A$123.85N/AN/AN/AN/AN/AN/A23.51%8.74%
VSTE
VAST RENEWABLES LTD
$76.16M$2.60N/AN/AN/AN/AN/AN/AN/AN/A
OKLO
OKLO INC
$371.10M$8.61$11.0027.76%Hold1N/AN/AN/AN/A

Regulated Electric Utility Stocks FAQ

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

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

1. Mge Energy (NASDAQ:MGEE)


Mge Energy (NASDAQ:MGEE) is the top regulated electric utility stock with a Zen Score of 46, which is 15 points higher than the regulated electric utility industry average of 31. It passed 16 out of 38 due diligence checks and has strong fundamentals. Mge Energy has seen its stock return 5.89% over the past year, overperforming other regulated electric utility stocks by 7 percentage points.

Mge Energy has an average 1 year price target of $65.00, a downside of -22.58% from Mge Energy's current stock price of $83.96.

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.

2. Fortis (NYSE:FTS)


Fortis (NYSE:FTS) is the second best regulated electric utility stock with a Zen Score of 43, which is 12 points higher than the regulated electric utility industry average of 31. It passed 14 out of 38 due diligence checks and has strong fundamentals. Fortis has seen its stock lose -5.97% over the past year, underperforming other regulated electric utility stocks by -5 percentage points.

3. Central Puerto Sa (NYSE:CEPU)


Central Puerto Sa (NYSE:CEPU) is the third best regulated electric utility stock with a Zen Score of 43, which is 12 points higher than the regulated electric utility industry average of 31. It passed 16 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 24.3% over the past year, overperforming other regulated electric utility stocks by 26 percentage points.

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. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) has an annual dividend yield of 8.95%, which is 5 percentage points higher than the regulated electric utility industry average of 3.47%. 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 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. Fortis (NYSE:FTS)


Fortis (NYSE:FTS) has an annual dividend yield of 4.63%, which is 1 percentage points higher than the regulated electric utility industry average of 3.47%. Fortis's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Fortis's dividend has shown consistent growth over the last 10 years.

Fortis's dividend payout ratio of 75% indicates that its high dividend yield is sustainable for the long-term.

3. Evergy (NASDAQ:EVRG)


Evergy (NASDAQ:EVRG) has an annual dividend yield of 4.59%, which is 1 percentage points higher than the regulated electric utility industry average of 3.47%. Evergy's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Evergy's dividend has shown consistent growth over the last 10 years.

Evergy's dividend payout ratio of 81.2% 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 0.33% in the last day, and up 0.68% over the last week. Hawaiian Electric Industries was the among the top gainers in the utilities - regulated electric industry, gaining 37.33% yesterday.

Hawaiian Electric Industries shares are trading higher following a report suggesting the company reached a settlement plan over the Maui wildfires.

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. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Enel Chile Sa has a valuation score of 57, which is 30 points higher than the regulated electric utility industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Enel Chile Sa's stock has dropped -26.06% in the past year. It has underperformed other stocks in the regulated electric utility industry by -25 percentage points.

2. Edenor (NYSE:EDN)


Edenor (NYSE:EDN) is the second most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Edenor has a valuation score of 43, which is 16 points higher than the regulated electric utility industry average of 27. It passed 3 out of 7 valuation due diligence checks.

Edenor's stock has gained 0.87% in the past year. It has overperformed other stocks in the regulated electric utility industry by 2 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 43, which is 16 points higher than the regulated electric utility industry average of 27. It passed 3 out of 7 valuation due diligence checks.

Central Puerto Sa's stock has gained 24.3% in the past year. It has overperformed other stocks in the regulated electric utility industry by 26 percentage points.

Are regulated electric utility stocks a good buy now?

58.06% of regulated electric utility stocks rated by analysts are a buy right now. On average, analysts expect regulated electric utility stocks to fall by -0.07% 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 18.31x.
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.