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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
EVRG
EVERGY INC
United States
$12.01B229,730,26687.19%1.56%Net SellingNet Selling
CEPU
CENTRAL PUERTO SA
Argentina
$1.55B1,514,022,2560.30%0.00%
ENIC
ENEL CHILE SA
Chile
$4.19B69,166,557,2200.06%0.00%
MGEE
MGE ENERGY INC
United States
$2.80B36,168,31052.52%0.41%Net SellingNet Selling
ETR
ENTERGY CORP
United States
$22.91B213,237,55287.92%0.95%Net SellingNet Selling
NGG
NATIONAL GRID PLC
United Kingdom
$51.76B3,930,371,6610.88%0.00%
FTS
FORTIS INC
Canada
$19.14B490,588,50252.64%0.00%
ED
CONSOLIDATED EDISON INC
United States
$32.04B345,510,03166.17%0.41%Net SellingNet Selling
D
DOMINION ENERGY INC
United States
$42.40B837,443,25773.07%0.71%Net BuyingNet Selling
OGE
OGE ENERGY CORP
United States
$6.82B200,330,34071.79%1.23%Net SellingNet Selling
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
United States
$33.26B498,586,59673.18%0.46%Net BuyingNet Buying
FE
FIRSTENERGY CORP
United States
$21.95B574,440,85083.03%0.69%Net SellingNet Selling
XEL
XCEL ENERGY INC
United States
$30.51B555,155,77078.25%0.81%Net SellingNet Selling
EIX
EDISON INTERNATIONAL
United States
$27.17B384,524,27688.27%0.53%Net SellingNet Selling
VIA
VIA RENEWABLES INC
United States
$78.55M7,232,7018.56%27.24%Net Selling
CMS
CMS ENERGY CORP
United States
$17.67B294,443,62095.41%1.46%Net SellingNet Selling
NEE
NEXTERA ENERGY INC
United States
$134.04B2,052,429,15478.71%0.37%Net SellingNet Selling
IDA
IDACORP INC
United States
$4.78B50,628,07988.99%2.00%Net SellingNet Selling
EXC
EXELON CORP
United States
$37.65B999,538,54280.78%0.48%Net SellingNet Selling
LNT
ALLIANT ENERGY CORP
United States
$12.78B256,100,29379.72%0.53%Net SellingNet Selling
POR
PORTLAND GENERAL ELECTRIC CO
United States
$4.38B101,162,36698.78%1.22%Net BuyingNet Buying
PNW
PINNACLE WEST CAPITAL CORP
United States
$8.47B113,427,36785.88%1.06%Net SellingNet Selling
AGR
AVANGRID INC
United States
$14.33B386,779,94913.10%82.51%Net SellingNet Selling
SO
SOUTHERN CO
United States
$79.62B1,091,015,11364.11%0.32%Net SellingNet Selling
DUK
DUKE ENERGY CORP
United States
$75.63B770,811,44665.24%0.87%Net SellingNet Selling
PCG
PG&E CORP
United States
$44.26B2,611,366,66678.16%7.46%Net SellingNet Selling
AEE
AMEREN CORP
United States
$19.81B266,288,86779.05%1.16%Net SellingNet Selling
GNE
GENIE ENERGY LTD
United States
$440.50M27,360,16532.50%44.60%Net BuyingNet Buying
PPL
PPL CORP
United States
$20.17B737,085,88176.89%0.25%Net BuyingNet Buying
DTE
DTE ENERGY CO
United States
$22.73B206,452,98576.06%1.35%Net SellingNet Selling
CNP
CENTERPOINT ENERGY INC
United States
$18.18B631,594,70691.83%1.23%Net SellingNet Selling
AEP
AMERICAN ELECTRIC POWER CO INC
United States
$44.67B526,184,58575.17%0.19%Net BuyingNet Buying
WEC
WEC ENERGY GROUP INC
United States
$25.87B315,561,51077.13%0.38%Net SellingNet Buying
PNM
PNM RESOURCES INC
United States
$3.31B90,200,38491.95%2.24%Net SellingNet Selling
EDN
EDENOR
Argentina
$788.62M906,455,1000.08%0.00%
ES
EVERSOURCE ENERGY
United States
$21.09B349,687,18379.82%0.88%Net SellingNet Selling
EBR
BRAZILIAN ELECTRIC POWER CO
Brazil
$14.84B2,021,139,4641.14%0.00%
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
United States
$1.19B110,151,79859.85%6.25%Net SellingNet Selling
VSTE
VAST RENEWABLES LTD
Australia
$99.59M29,291,8840.08%0.00%
SUUN
SOLARBANK CORP
Canada
N/A27,136,0750.00%0.00%
ALCE
ALTERNUS CLEAN ENERGY INC
United States
$26.59M80,076,6643.32%84.02%
KEP
KOREA ELECTRIC POWER CORP
Republic Of Korea
$9.78B641,964,0772.66%0.00%

Regulated Electric Utility Stocks FAQ

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

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

1. Evergy (NASDAQ:EVRG)


Evergy (NASDAQ:EVRG) is the top regulated electric utility stock with a Zen Score of 50, which is 18 points higher than the regulated electric utility industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Evergy has seen its stock lose -17.17% 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 7.16% from Evergy's current stock price of $52.26.

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.

2. Central Puerto Sa (NYSE:CEPU)


Central Puerto Sa (NYSE:CEPU) is the second best regulated electric utility stock with a Zen Score of 49, which is 17 points higher than the regulated electric utility industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 72.47% over the past year, overperforming other regulated electric utility stocks by 83 percentage points.

3. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the third best regulated electric utility stock with a Zen Score of 49, which is 17 points higher than the regulated electric utility industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Enel Chile Sa has seen its stock return 13.48% over the past year, overperforming other regulated electric utility stocks by 24 percentage points.

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 11.62%, which is 8 percentage points higher than the regulated electric utility industry average of 3.94%. 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 2.8% 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 5.37%, which is 1 percentage points higher than the regulated electric utility industry average of 3.94%. 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.

3. Dominion Energy (NYSE:D)


Dominion Energy (NYSE:D) has an annual dividend yield of 5.27%, which is 1 percentage points higher than the regulated electric utility industry average of 3.94%. 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 up?

Regulated electric utility stocks were up 0.87% in the last day, and up 3.95% 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. Via Renewables (NASDAQ:VIA)


Via Renewables (NASDAQ:VIA) is the most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Via Renewables has a valuation score of 86, which is 57 points higher than the regulated electric utility industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Via Renewables's stock has dropped -0.09% in the past year. It has overperformed other stocks in the regulated electric utility industry by 11 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 42 points higher than the regulated electric utility industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Enel Chile Sa's stock has gained 13.48% in the past year. It has overperformed other stocks in the regulated electric utility industry by 24 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 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.

Central Puerto Sa's stock has gained 72.47% in the past year. It has overperformed other stocks in the regulated electric utility industry by 83 percentage points.

Are regulated electric utility stocks a good buy now?

50% of regulated electric utility stocks rated by analysts are a buy right now. On average, analysts expect regulated electric utility stocks to rise by 2.1% 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 16.49x.
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