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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
GNE
GENIE ENERGY LTD
United States
$277.04M26,013,06925.07%38.48%Net SellingNet Selling
ED
CONSOLIDATED EDISON INC
United States
$33.95B355,045,02166.75%0.36%Net SellingNet Selling
PAM
PAMPA ENERGY INC
Argentina
$1.57B1,382,527,0410.49%0.00%
SO
SOUTHERN CO
United States
$73.94B1,088,907,91963.02%0.32%Net SellingNet Selling
XEL
XCEL ENERGY INC
United States
$36.77B549,847,03476.92%0.78%Net SellingNet Selling
KEN
KENON HOLDINGS LTD
Singapore
$1.52B53,879,11713.48%0.00%
ES
EVERSOURCE ENERGY
United States
$26.45B348,483,42579.16%0.85%Net SellingNet Selling
AGR
AVANGRID INC
United States
$15.29B386,637,27612.41%82.52%Net SellingNet Selling
POR
PORTLAND GENERAL ELECTRIC CO
United States
$4.30B89,312,76598.88%1.12%Net SellingNet Selling
IDA
IDACORP INC
United States
$5.40B50,570,16780.64%1.91%Net SellingNet Selling
NEE
NEXTERA ENERGY INC
United States
$150.39B1,987,495,30677.78%0.37%Net SellingNet Selling
CMS
CMS ENERGY CORP
United States
$17.87B291,264,19593.54%1.40%Net SellingNet Selling
AEP
AMERICAN ELECTRIC POWER CO INC
United States
$46.61B513,866,08175.39%0.19%Net SellingNet Selling
EVRG
EVERGY INC
United States
$13.74B229,568,06082.81%1.51%Net SellingNet Selling
LNT
ALLIANT ENERGY CORP
United States
$13.35B251,137,52275.62%0.50%Net SellingNet Selling
EIX
EDISON INTERNATIONAL
United States
$25.92B382,566,46688.88%0.50%Net SellingNet Selling
WEC
WEC ENERGY GROUP INC
United States
$29.73B315,434,53175.49%0.36%Net SellingNet Selling
OGE
OGE ENERGY CORP
United States
$7.14B200,229,21569.66%1.13%Net SellingNet Selling
FTS
FORTIS INC
Canada
$20.33B482,150,63450.03%0.00%
VIA
VIA RENEWABLES INC
United States
$185.74M35,857,76615.86%13.80%Net Selling
AEE
AMEREN CORP
United States
$22.28B262,028,76878.15%1.14%Net SellingNet Selling
PPL
PPL CORP
United States
$19.75B736,157,17671.13%0.22%Net BuyingNet Buying
DTE
DTE ENERGY CO
United States
$22.02B205,688,57474.01%1.31%Net SellingNet Selling
EBR
BRAZILIAN ELECTRIC POWER CO
Brazil
$7.91B1,288,842,5962.09%0.00%
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
United States
$4.11B109,472,30454.89%6.16%Net SellingNet Selling
PNW
PINNACLE WEST CAPITAL CORP
United States
$8.79B113,175,50785.57%0.98%Net SellingNet Selling
ENLT
ENLIGHT RENEWABLE ENERGY LTD
Israel
$1.88B115,582,4460.00%0.00%
DUK
DUKE ENERGY CORP
United States
$74.23B770,080,28564.09%0.83%Net SellingNet Selling
CEPU
CENTRAL PUERTO SA
Argentina
$790.32M1,514,022,2560.25%0.00%
PNM
PNM RESOURCES INC
United States
$4.18B85,834,87487.14%2.28%Net SellingNet Selling
PCG
PG&E CORP
United States
$39.71B2,466,208,38872.23%7.86%Net SellingNet Selling
EDN
EDENOR
Argentina
$316.81M906,455,1000.01%0.00%
ENIC
ENEL CHILE SA
Chile
$3.07B69,166,557,2200.04%0.00%
KEP
KOREA ELECTRIC POWER CORP
Republic Of Korea
$8.62B641,964,0772.99%0.00%

Regulated Electric Utility Stocks FAQ

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

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

1. Genie Energy (NYSE:GNE)


Genie Energy (NYSE:GNE) is the top regulated electric utility stock with a Zen Score of 55, which is 22 points higher than the regulated electric utility industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Genie Energy has seen its stock return 58.48% over the past year, overperforming other regulated electric utility stocks by 65 percentage points.

2. Consolidated Edison (NYSE:ED)


Consolidated Edison (NYSE:ED) is the second best regulated electric utility stock with a Zen Score of 48, which is 15 points higher than the regulated electric utility industry average of 33. It passed 17 out of 38 due diligence checks and has strong fundamentals. Consolidated Edison has seen its stock return 6.24% over the past year, overperforming other regulated electric utility stocks by 13 percentage points.

Consolidated Edison has an average 1 year price target of $88.00, a downside of -7.98% from Consolidated Edison's current stock price of $95.63.

Consolidated Edison stock has a consensus Sell recommendation according to Wall Street analysts. Of the 13 analysts covering Consolidated Edison, 0% have issued a Strong Buy rating, 0% have issued a Buy, 53.85% have issued a hold, while 0% have issued a Sell rating, and 46.15% have issued a Strong Sell.

3. Pampa Energy (NYSE:PAM)


Pampa Energy (NYSE:PAM) is the third 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 15 out of 33 due diligence checks and has strong fundamentals. Pampa Energy has seen its stock return 32.03% over the past year, overperforming other regulated electric utility stocks by 39 percentage points.

Pampa Energy has an average 1 year price target of $24.80, a downside of -12.68% from Pampa Energy's current stock price of $28.40.

Pampa Energy stock has a consensus Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Pampa Energy, 0% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

What are the regulated electric utility stocks with highest dividends?

Out of 28 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. Via Renewables (NASDAQ:VIA)


Via Renewables (NASDAQ:VIA) has an annual dividend yield of 14%, which is 10 percentage points higher than the regulated electric utility industry average of 3.82%. Via Renewables's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Via Renewables's dividend has shown consistent growth over the last 10 years.

Via Renewables's dividend payout ratio of -290% indicates that its high dividend yield might not be sustainable for the long-term.

2. Oge Energy (NYSE:OGE)


Oge Energy (NYSE:OGE) has an annual dividend yield of 4.62%, which is 1 percentage points higher than the regulated electric utility industry average of 3.82%. Oge Energy's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Oge Energy's dividend has shown consistent growth over the last 10 years.

Oge Energy's dividend payout ratio of 49.5% indicates that its dividend yield is sustainable for the long-term.

3. Avangrid (NYSE:AGR)


Avangrid (NYSE:AGR) has an annual dividend yield of 4.45%, which is 1 percentage points higher than the regulated electric utility industry average of 3.82%. Avangrid's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Avangrid's dividend has shown consistent growth over the last 10 years.

Avangrid's dividend payout ratio of 77.2% indicates that its dividend yield is sustainable for the long-term.

Why are regulated electric utility stocks down?

Regulated electric utility stocks were down -0.94% in the last day, and up 3.93% 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. Genie Energy (NYSE:GNE)


Genie Energy (NYSE:GNE) is the most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Genie Energy has a valuation score of 71, which is 39 points higher than the regulated electric utility industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Genie Energy's stock has gained 58.48% in the past year. It has overperformed other stocks in the regulated electric utility industry by 65 percentage points.

2. Kenon Holdings (NYSE:KEN)


Kenon Holdings (NYSE:KEN) is the second most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Kenon Holdings has a valuation score of 71, which is 39 points higher than the regulated electric utility industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Kenon Holdings's stock has dropped -59.67% in the past year. It has underperformed other stocks in the regulated electric utility industry by -53 percentage points.

3. Evergy (NASDAQ:EVRG)


Evergy (NASDAQ:EVRG) is the third most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Evergy has a valuation score of 43, which is 11 points higher than the regulated electric utility industry average of 32. It passed 3 out of 7 valuation due diligence checks.

Evergy's stock has dropped -7.89% in the past year. It has underperformed other stocks in the regulated electric utility industry by -1 percentage points.

Are regulated electric utility stocks a good buy now?

35.48% of regulated electric utility stocks rated by analysts are a buy right now. On average, analysts expect regulated electric utility stocks to rise by 8.52% 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 24.61x.
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