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Best Regulated Electric Utility Stocks to Buy Now (2023)
Top regulated electric utility stocks in 2023 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
ENIC
ENEL CHILE SA
$4.70B$3.40N/AN/AN/AN/AN/AN/AN/AN/A
CEPU
CENTRAL PUERTO SA
$1.19B$7.84$8.002.04%Hold110.96%53.43%N/AN/A
MGEE
MGE ENERGY INC
$2.68B$74.20$62.00-16.44%Strong Sell11.61%7.49%N/AN/A
GNE
GENIE ENERGY LTD
$648.16M$23.64N/AN/AN/AN/AN/AN/AN/AN/A
FTS
FORTIS INC
$19.85B$40.64$61.2550.71%Buy21.11%3.23%7.81%2.55%
NEE
NEXTERA ENERGY INC
$121.40B$59.17$72.8923.19%Strong Buy93.66%-1.55%N/AN/A
ETR
ENTERGY CORP
$21.58B$102.03$107.565.42%Buy93.94%3.45%N/AN/A
NGG
NATIONAL GRID PLC
$52.54B$66.84N/AN/AN/AN/A-10.97%N/AN/AN/A
AGR
AVANGRID INC
$12.38B$32.01$39.0021.84%Hold12.90%24.13%N/AN/A
PNM
PNM RESOURCES INC
$3.63B$42.25$50.6519.88%Buy219.80%40.83%N/AN/A
IDA
IDACORP INC
$4.98B$98.48$103.334.93%Buy3-2.66%-3.60%N/AN/A
XEL
XCEL ENERGY INC
$33.90B$61.43$63.703.70%Buy102.39%6.25%N/AN/A
EIX
EDISON INTERNATIONAL
$25.88B$67.48$69.292.68%Hold73.80%19.38%N/AN/A
EVRG
EVERGY INC
$11.89B$51.76$52.501.43%Hold2-2.70%16.54%10.04%3.20%
D
DOMINION ENERGY INC
$39.05B$46.67$50.468.11%Buy11-1.53%36.81%N/AN/A
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
$31.60B$63.42$64.501.70%Buy8-6.83%-8.39%N/AN/A
AEE
AMEREN CORP
$20.76B$78.97$84.436.91%Buy73.45%3.92%N/AN/A
POR
PORTLAND GENERAL ELECTRIC CO
$4.24B$41.97$43.674.04%Buy64.03%12.86%N/AN/A
OGE
OGE ENERGY CORP
$7.11B$35.49$35.800.87%Buy57.76%-1.44%N/AN/A
LNT
ALLIANT ENERGY CORP
$13.14B$51.49$53.503.90%Buy79.61%7.42%N/AN/A
ED
CONSOLIDATED EDISON INC
$31.65B$91.68$87.73-4.31%Sell111.10%-7.96%N/AN/A
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
$1.42B$12.91$8.33-35.45%Sell3N/AN/A11.14%1.46%
ES
EVERSOURCE ENERGY
$21.23B$60.78$63.704.80%Hold104.63%14.54%N/AN/A
FE
FIRSTENERGY CORP
$21.44B$37.36$39.676.18%Buy63.48%47.73%N/AN/A
PNW
PINNACLE WEST CAPITAL CORP
$8.51B$75.08$77.142.75%Hold72.08%3.93%N/AN/A
DTE
DTE ENERGY CO
$22.31B$108.17$113.755.16%Strong Buy85.52%6.10%N/AN/A
DUK
DUKE ENERGY CORP
$71.40B$92.64$101.009.02%Buy112.94%65.91%N/AN/A
AEP
AMERICAN ELECTRIC POWER CO INC
$42.34B$80.51$92.8015.27%Strong Buy104.24%11.48%N/AN/A
PPL
PPL CORP
$19.52B$26.48$28.206.50%Buy5-0.50%17.94%N/AN/A
EXC
EXELON CORP
$38.81B$38.99$43.0010.28%Buy70.40%9.03%N/AN/A
PCG
PG&E CORP
$45.57B$17.45$18.294.79%Buy73.94%20.44%15.80%3.10%
CMS
CMS ENERGY CORP
$17.04B$58.40$60.253.17%Buy85.15%13.18%N/AN/A
WEC
WEC ENERGY GROUP INC
$26.80B$84.97$90.466.46%Hold113.32%5.93%N/AN/A
SO
SOUTHERN CO
$78.00B$71.52$72.801.79%Buy104.11%17.22%N/AN/A
VIA
VIA RENEWABLES INC
$69.80M$9.65N/AN/AN/AN/AN/AN/AN/AN/A
EDN
EDENOR
$747.37M$16.49N/AN/AN/AN/A20.65%N/AN/AN/A
CNP
CENTERPOINT ENERGY INC
$18.17B$28.79$30.445.75%Buy91.75%11.99%N/AN/A
KEP
KOREA ELECTRIC POWER CORP
$9.49B$7.39N/AN/AN/AN/AN/AN/AN/AN/A

Regulated Electric Utility Stocks FAQ

What are the best regulated electric utility stocks to buy right now in Dec 2023?

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

1. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the top regulated electric utility stock with a Zen Score of 53, which is 17 points higher than the regulated electric utility industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Enel Chile Sa has seen its stock return 61.9% over the past year, overperforming other regulated electric utility stocks by 72 percentage points.

2. Central Puerto Sa (NYSE:CEPU)


Central Puerto Sa (NYSE:CEPU) is the second best regulated electric utility stock with a Zen Score of 52, which is 16 points higher than the regulated electric utility industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 39.25% over the past year, overperforming other regulated electric utility stocks by 49 percentage points.

Central Puerto Sa has an average 1 year price target of $8.00, an upside of 2.04% from Central Puerto Sa's current stock price of $7.84.

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

3. Mge Energy (NASDAQ:MGEE)


Mge Energy (NASDAQ:MGEE) is the third best regulated electric utility stock with a Zen Score of 50, which is 14 points higher than the regulated electric utility industry average of 36. It passed 18 out of 38 due diligence checks and has strong fundamentals. Mge Energy has seen its stock return 4.39% over the past year, overperforming other regulated electric utility stocks by 14 percentage points.

Mge Energy has an average 1 year price target of $62.00, a downside of -16.44% from Mge Energy's current stock price of $74.20.

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.

What are the regulated electric utility stocks with highest dividends?

Out of 34 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 9.88%, which is 6 percentage points higher than the regulated electric utility industry average of 4.27%. Enel Chile Sa's dividend payout is not stable, having dropped more than 10% five 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 2.8% indicates that its high dividend yield is sustainable for the long-term.

2. Hawaiian Electric Industries (NYSE:HE)


Hawaiian Electric Industries (NYSE:HE) has an annual dividend yield of 8.37%, which is 4 percentage points higher than the regulated electric utility industry average of 4.27%. Hawaiian Electric Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hawaiian Electric Industries's dividend has shown consistent growth over the last 10 years.

Hawaiian Electric Industries's dividend payout ratio of 75.7% 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 5.72%, which is 1 percentage points higher than the regulated electric utility industry average of 4.27%. 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 137.6% 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 1.52% in the last day, and up 1.47% 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 37 points higher than the regulated electric utility industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Central Puerto Sa's stock has gained 39.25% in the past year. It has overperformed other stocks in the regulated electric utility industry by 49 percentage points.

2. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the second most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Enel Chile Sa has a valuation score of 71, which is 37 points higher than the regulated electric utility industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Enel Chile Sa's stock has gained 61.9% in the past year. It has overperformed other stocks in the regulated electric utility industry by 72 percentage points.

3. Genie Energy (NYSE:GNE)


Genie Energy (NYSE:GNE) is the third most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Genie Energy has a valuation score of 57, which is 23 points higher than the regulated electric utility industry average of 34. It passed 4 out of 7 valuation due diligence checks.

Genie Energy's stock has gained 139.27% in the past year. It has overperformed other stocks in the regulated electric utility industry by 149 percentage points.

Are regulated electric utility stocks a good buy now?

59.38% of regulated electric utility stocks rated by analysts are a buy right now. On average, analysts expect regulated electric utility stocks to rise by 5.92% 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 22.03x.
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.