WallStreetZenWallStreetZen

Sectors & IndustriesUtilitiesUtilities - Regulated Electric
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)
CEPU
CENTRAL PUERTO SA
Argentina
$1.49B1,514,022,2560.30%0.00%
EVRG
EVERGY INC
United States
$12.04B229,730,26687.19%1.56%Net SellingNet Selling
ENIC
ENEL CHILE SA
Chile
$4.16B69,166,557,2200.06%0.00%
MGEE
MGE ENERGY INC
United States
$2.85B36,168,31052.52%0.41%Net SellingNet Selling
NGG
NATIONAL GRID PLC
United Kingdom
$52.48B3,930,371,6610.88%0.00%
ETR
ENTERGY CORP
United States
$22.93B213,237,55287.92%0.95%Net SellingNet Selling
FTS
FORTIS INC
Canada
$19.29B490,588,50252.64%0.00%
D
DOMINION ENERGY INC
United States
$42.68B837,443,25773.07%0.71%Net BuyingNet Selling
ED
CONSOLIDATED EDISON INC
United States
$32.52B345,510,03166.17%0.41%Net SellingNet Selling
AGR
AVANGRID INC
United States
$14.14B386,906,26013.10%82.48%Net SellingNet Selling
OGE
OGE ENERGY CORP
United States
$6.91B200,330,34071.79%1.23%Net SellingNet Selling
XEL
XCEL ENERGY INC
United States
$30.57B555,639,43978.18%0.81%Net SellingNet Selling
EIX
EDISON INTERNATIONAL
United States
$27.35B384,524,27688.27%0.53%Net SellingNet Selling
VIA
VIA RENEWABLES INC
United States
$78.69M7,232,7018.56%27.24%Net Selling
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
United States
$33.95B498,586,59673.18%0.46%Net BuyingNet Buying
PCG
PG&E CORP
United States
$44.64B2,614,901,99678.05%7.45%Net SellingNet Selling
FE
FIRSTENERGY CORP
United States
$22.20B575,516,47282.87%0.68%Net SellingNet Selling
CMS
CMS ENERGY CORP
United States
$18.06B298,635,42894.07%1.43%Net SellingNet Selling
EXC
EXELON CORP
United States
$37.64B999,538,54280.78%0.48%Net SellingNet Selling
EDN
EDENOR
Argentina
$745.56M906,455,1000.08%0.00%
PNW
PINNACLE WEST CAPITAL CORP
United States
$8.42B113,427,36785.88%1.06%Net SellingNet Selling
NEE
NEXTERA ENERGY INC
United States
$137.45B2,054,532,55278.63%0.37%Net SellingNet Selling
POR
PORTLAND GENERAL ELECTRIC CO
United States
$4.38B101,162,36698.78%1.22%Net BuyingNet Buying
IDA
IDACORP INC
United States
$4.79B50,628,07988.99%2.00%Net SellingNet Selling
DUK
DUKE ENERGY CORP
United States
$76.33B770,811,44665.24%0.87%Net SellingNet Selling
LNT
ALLIANT ENERGY CORP
United States
$12.86B256,100,29379.72%0.53%Net SellingNet Selling
GNE
GENIE ENERGY LTD
United States
$429.55M27,360,16532.50%44.60%Net BuyingNet Buying
SO
SOUTHERN CO
United States
$81.14B1,091,015,11364.11%0.32%Net SellingNet Selling
PPL
PPL CORP
United States
$20.12B737,085,88176.89%0.25%Net BuyingNet Buying
AEE
AMEREN CORP
United States
$19.91B266,288,86779.05%1.16%Net SellingNet Selling
DTE
DTE ENERGY CO
United States
$23.00B206,937,24475.88%1.35%Net SellingNet Selling
AEP
AMERICAN ELECTRIC POWER CO INC
United States
$45.70B526,184,58575.17%0.20%Net BuyingNet Buying
PNM
PNM RESOURCES INC
United States
$3.28B90,200,38491.95%2.24%Net SellingNet Selling
WEC
WEC ENERGY GROUP INC
United States
$26.13B315,561,51077.13%0.38%Net SellingNet Buying
CNP
CENTERPOINT ENERGY INC
United States
$18.53B631,594,70691.83%1.23%Net SellingNet Selling
EBR
BRAZILIAN ELECTRIC POWER CO
Brazil
$14.25B1,977,081,1461.16%0.00%
ES
EVERSOURCE ENERGY
United States
$21.16B349,687,18379.82%0.88%Net SellingNet Selling
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
United States
$1.16B110,151,79859.85%6.25%Net SellingNet Selling
SUUN
SOLARBANK CORP
Canada
N/A27,136,0750.00%0.00%
VSTE
VAST RENEWABLES LTD
Australia
$117.17M29,291,8840.08%0.00%
ALCE
ALTERNUS CLEAN ENERGY INC
United States
$26.43M80,076,6643.32%84.02%
KEP
KOREA ELECTRIC POWER CORP
Republic Of Korea
$9.85B641,964,0772.66%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. Central Puerto Sa (NYSE:CEPU)


Central Puerto Sa (NYSE:CEPU) is the top 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 65.1% over the past year, overperforming other regulated electric utility stocks by 75 percentage points.

2. Evergy (NASDAQ:EVRG)


Evergy (NASDAQ:EVRG) is the second best regulated electric utility stock with a Zen Score of 48, which is 16 points higher than the regulated electric utility industry average of 32. It passed 16 out of 38 due diligence checks and has strong fundamentals. Evergy has seen its stock lose -17.68% over the past year, underperforming other regulated electric utility stocks by -8 percentage points.

Evergy has an average 1 year price target of $56.00, an upside of 6.83% from Evergy's current stock price of $52.42.

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.

3. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the third best regulated electric utility stock with a Zen Score of 47, which is 15 points higher than the regulated electric utility industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Enel Chile Sa has seen its stock return 12.73% over the past year, overperforming other regulated electric utility stocks by 23 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 11.69%, which is 8 percentage points higher than the regulated electric utility industry average of 3.96%. 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 5.3%, which is 1 percentage points higher than the regulated electric utility industry average of 3.96%. 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 5.24%, which is 1 percentage points higher than the regulated electric utility industry average of 3.96%. 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 0.13% in the last day, and up 3.41% 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 56 points higher than the regulated electric utility industry average of 30. It passed 6 out of 7 valuation due diligence checks.

Via Renewables's stock has gained 3.92% in the past year. It has overperformed other stocks in the regulated electric utility industry by 14 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 41 points higher than the regulated electric utility industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Enel Chile Sa's stock has gained 12.73% in the past year. It has overperformed other stocks in the regulated electric utility industry by 23 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 57, which is 27 points higher than the regulated electric utility industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Evergy's stock has dropped -17.68% in the past year. It has underperformed other stocks in the regulated electric utility industry by -8 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 rise by 1.28% 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 16.59x.
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.