Sectors & IndustriesUtilities
Best Utility Stocks to Buy Now (2024)
Top utility stocks in 2024 ranked by overall Zen Score. See the best utility stocks to buy now, according to analyst forecasts for the utilities sector.

Sector: Utilities

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
MNTK	MONTAUK RENEWABLES INC	$3.98	189,070	36.61%	3.74	3.85	4.38	6.05	7.71	49.45	59.92	42.87	94.49	84.47	-0.19	-0.25	0.07	1.15
CWCO	CONSOLIDATED WATER CO LTD	$26.26	85,423	-26.66%	25.29	24.96	27.16	29.99	29.37	54.22	85.02	85.23	100.00	100.00	-0.38	-0.73	0.35	0.73
OPAL	OPAL FUELS INC	$4.90	47,545	-26.87%	4.69	4.75	4.80	4.97	5.92	56.19	64.63	51.35	77.94	69.92	-0.02	-0.04	0.02	0.40
ENLT	ENLIGHT RENEWABLE ENERGY LTD	$17.55	170,027	331.80%	16.40	16.42	16.80	17.38	16.66	60.56	76.58	56.20	79.99	61.62	-0.03	-0.17	0.15	0.88
CIG	ENERGY CO OF MINAS GERAIS	$2.64	1,790,999	-31.38%	2.48	2.48	2.42	2.36	2.40	66.43	68.57	46.14	80.18	51.34	0.03	0.01	0.01	1.03
OTTR	OTTER TAIL CORP	$87.82	106,788	-18.56%	85.81	84.68	84.66	85.80	82.48	63.18	91.10	88.16	100.00	95.60	0.64	0.21	0.43	0.96
NEP	NEXTERA ENERGY PARTNERS LP	$30.91	2,930,478	65.42%	29.06	28.54	28.42	28.70	32.76	63.93	79.52	72.85	82.96	70.51	0.32	0.09	0.23	0.94
CEPU	CENTRAL PUERTO SA	$10.88	300,773	27.60%	10.25	10.09	9.24	9.10	7.85	65.49	90.91	83.69	98.22	85.04	0.31	0.26	0.05	1.01
EVRG	EVERGY INC	$54.10	3,071,988	121.27%	52.69	52.00	51.62	51.47	52.27	64.69	95.51	93.44	100.00	97.60	0.46	0.24	0.22	0.77
AES	AES CORP	$18.67	10,916,180	3.21%	17.71	17.34	16.69	17.23	17.12	65.99	86.17	90.96	95.72	98.57	0.41	0.23	0.18	1.12
RNW	RENEW ENERGY GLOBAL PLC	$6.20	971,962	96.15%	5.72	5.67	6.02	6.48	6.19	61.97	75.06	68.41	93.42	90.68	-0.05	-0.12	0.07	1.10
ATO	ATMOS ENERGY CORP	$119.32	582,566	10.03%	118.31	116.56	115.91	115.22	114.38	61.00	90.03	89.56	92.45	88.39	0.89	0.60	0.29	0.66
MGEE	MGE ENERGY INC	$79.91	140,425	-34.35%	78.69	77.42	75.78	72.29	73.06	62.05	91.44	87.75	93.24	88.29	1.05	0.87	0.17	0.81
ALE	ALLETE INC	$64.27	1,472,360	733.82%	60.24	59.54	58.62	59.26	57.32	74.88	87.53	82.38	100.00	88.31	0.72	0.36	0.37	0.82
NFE	NEW FORTRESS ENERGY INC	$26.66	1,308,951	62.20%	26.96	27.76	29.96	32.34	32.02	35.48	14.15	9.21	30.45	10.77	-1.06	-1.00	-0.06	1.08
ETR	ENTERGY CORP	$108.08	1,600,647	34.46%	107.12	105.56	103.96	102.36	99.65	62.09	87.07	83.20	86.36	82.34	1.08	0.93	0.15	0.77
EE	EXCELERATE ENERGY INC	$17.41	151,119	-26.32%	17.02	16.30	15.83	15.41	16.57	65.28	83.19	78.57	85.80	80.72	0.45	0.35	0.09	0.95
EIX	EDISON INTERNATIONAL	$72.34	1,453,283	-27.45%	71.16	70.02	69.37	69.02	68.07	63.98	93.61	91.38	97.71	94.76	0.72	0.48	0.24	0.79
VIA	VIA RENEWABLES INC	$10.93	12,995	-31.03%	10.89	10.87	10.87	10.58	9.30	58.96	81.36	84.03	97.69	92.05	0.02	0.01	0.01	0.85
AVA	AVISTA CORP	$37.30	514,248	7.58%	36.03	35.16	34.45	34.52	34.39	72.66	69.45	75.96	100.00	99.33	0.66	0.44	0.22	0.71
NGG	NATIONAL GRID PLC	$68.33	267,820	-49.17%	66.94	66.04	66.95	67.08	64.94	61.84	93.33	89.74	99.46	96.44	0.21	-0.10	0.31	0.62
ARIS	ARIS WATER SOLUTIONS INC	$14.64	450,691	40.40%	14.39	14.34	13.42	10.94	10.34	58.36	54.36	50.06	33.81	25.39	0.25	0.33	-0.09	1.02
SRE	SEMPRA	$72.92	3,409,525	30.19%	71.96	70.56	70.65	71.82	71.55	60.88	93.69	92.47	97.36	94.48	0.60	0.26	0.33	0.78
WTRG	ESSENTIAL UTILITIES INC	$37.78	1,473,571	-3.96%	36.71	35.89	35.82	36.26	36.33	64.93	90.35	92.08	100.00	98.47	0.42	0.16	0.26	0.85
BKH	BLACK HILLS CORP	$55.77	401,856	-20.49%	54.85	53.79	53.19	53.03	53.18	64.06	90.08	92.45	97.61	98.55	0.70	0.46	0.25	0.86
VST	VISTRA CORP	$81.49	5,364,699	-17.45%	74.28	71.76	66.37	53.46	42.89	71.09	90.36	88.34	93.29	87.68	3.50	2.66	0.84	0.88
D	DOMINION ENERGY INC	$51.40	3,738,691	-19.56%	50.98	49.82	48.64	47.57	47.02	63.47	81.47	84.72	89.26	87.26	0.84	0.73	0.11	0.69
PNW	PINNACLE WEST CAPITAL CORP	$75.79	1,042,435	-0.14%	74.60	73.70	72.33	71.55	73.88	62.16	87.62	82.10	90.12	79.89	0.75	0.63	0.12	0.72
AGR	AVANGRID INC	$36.62	588,425	-51.50%	36.68	36.33	35.28	33.55	33.19	59.07	62.37	62.23	14.41	15.15	0.37	0.45	-0.08	0.66
AWR	AMERICAN STATES WATER CO	$73.53	168,702	-22.63%	70.96	69.73	70.76	74.40	78.33	65.64	93.96	91.49	100.00	98.76	0.42	-0.19	0.61	0.70
FTS	FORTIS INC	$39.91	400,403	-16.51%	39.37	38.74	39.09	39.71	40.00	61.55	90.08	90.81	98.50	95.75	0.19	0.00	0.19	0.65
FE	FIRSTENERGY CORP	$39.24	2,106,302	-23.68%	38.55	38.13	37.95	37.52	36.95	62.26	89.68	85.21	96.91	91.29	0.28	0.15	0.12	0.76
YORW	YORK WATER CO	$36.90	40,987	-26.28%	35.80	35.10	35.33	36.23	37.64	67.35	94.47	90.72	100.00	99.27	0.31	0.05	0.26	0.83
CWT	CALIFORNIA WATER SERVICE GROUP	$50.57	259,296	11.59%	48.26	46.72	46.36	47.61	48.86	72.55	95.92	96.11	100.00	100.00	1.07	0.50	0.57	0.72
OGE	OGE ENERGY CORP	$35.18	1,516,967	-15.98%	34.51	33.90	33.79	33.91	34.23	63.84	89.25	91.26	99.48	98.53	0.35	0.19	0.17	0.73
SWX	SOUTHWEST GAS HOLDINGS INC	$75.13	241,196	-26.81%	74.93	74.27	72.59	67.02	64.25	58.75	76.04	73.18	52.54	49.65	0.78	0.88	-0.10	0.79
PPL	PPL CORP	$28.09	3,760,655	-46.13%	27.53	27.15	27.01	26.79	26.06	63.97	90.14	90.49	98.30	97.71	0.25	0.13	0.12	0.80
PCG	PG&E CORP	$17.57	12,474,194	30.96%	17.19	16.88	16.66	16.92	16.89	66.58	90.95	92.35	100.00	96.00	0.23	0.15	0.08	1.01
XEL	XCEL ENERGY INC	$54.25	2,953,949	-17.86%	54.46	54.04	53.35	57.00	58.19	52.04	50.26	49.15	38.37	36.39	0.12	0.14	-0.02	0.65
POR	PORTLAND GENERAL ELECTRIC CO	$43.77	1,500,471	40.50%	43.44	42.36	41.59	41.75	42.37	62.51	77.94	75.10	76.82	76.31	0.65	0.53	0.12	0.76
OGS	ONE GAS INC	$65.45	275,526	12.92%	64.81	63.75	62.70	62.26	65.78	61.15	88.31	88.35	93.15	90.23	0.72	0.56	0.17	0.79
CMS	CMS ENERGY CORP	$61.56	1,485,309	-0.42%	60.45	59.37	59.06	58.31	57.34	65.34	94.08	92.25	98.95	95.24	0.64	0.40	0.24	0.59
AEP	AMERICAN ELECTRIC POWER CO INC	$88.60	3,305,231	25.27%	86.66	84.64	84.02	82.12	80.31	65.09	89.93	86.55	100.00	94.25	1.28	0.82	0.47	0.59
ORA	ORMAT TECHNOLOGIES INC	$67.50	277,795	-32.85%	64.99	64.29	64.82	67.24	69.27	60.03	89.92	80.97	100.00	92.93	0.32	-0.14	0.46	0.86
EXC	EXELON CORP	$37.41	6,238,039	17.28%	37.64	37.25	36.92	36.22	38.03	52.30	75.35	80.20	86.51	89.46	0.25	0.23	0.02	0.87
PAM	PAMPA ENERGY INC	$48.74	384,914	55.37%	45.27	44.69	43.12	45.23	43.40	66.08	88.98	77.52	92.00	77.30	0.81	0.44	0.37	0.96
LNT	ALLIANT ENERGY CORP	$50.85	2,143,652	8.10%	50.17	49.44	49.04	49.45	49.98	62.64	87.89	85.07	97.90	89.18	0.43	0.28	0.15	0.63
AQN	ALGONQUIN POWER & UTILITIES CORP	$6.54	7,770,717	-53.66%	6.23	6.11	6.08	6.12	6.34	65.37	86.65	84.86	100.00	95.25	0.08	0.03	0.05	0.82
FLNC	FLUENCE ENERGY INC	$20.90	3,274,152	48.91%	17.66	16.92	16.03	18.79	20.82	74.42	92.34	87.81	98.53	95.83	0.78	0.31	0.46	2.30
NEE	NEXTERA ENERGY INC	$70.14	12,300,843	13.97%	67.30	65.54	61.86	60.51	61.39	73.98	97.66	94.26	100.00	94.67	1.89	1.56	0.32	0.80
ARTNA	ARTESIAN RESOURCES CORP	$37.32	20,048	-36.92%	35.39	35.11	35.45	37.02	40.42	64.94	93.06	80.63	100.00	97.96	0.16	-0.14	0.31	0.48
AEE	AMEREN CORP	$74.09	2,632,072	117.28%	74.36	73.36	72.70	72.04	75.47	53.90	86.05	85.73	83.06	82.06	0.60	0.51	0.09	0.68
NRGV	ENERGY VAULT HOLDINGS INC	$1.27	812,860	18.46%	1.25	1.25	1.55	1.72	2.20	43.17	77.78	75.91	88.11	88.70	-0.09	-0.11	0.02	1.30
CNP	CENTERPOINT ENERGY INC	$29.45	3,649,885	-40.40%	29.13	28.45	28.17	28.23	28.17	64.72	93.35	92.43	87.88	84.77	0.38	0.27	0.11	0.92
DUK	DUKE ENERGY CORP	$100.26	3,558,450	34.73%	98.84	97.16	95.45	95.64	93.11	64.26	90.06	86.92	93.57	88.45	1.18	0.92	0.26	0.66
RGCO	RGC RESOURCES INC	$21.38	8,015	-19.97%	20.55	20.11	19.98	19.81	18.84	62.94	91.97	89.50	97.43	92.64	0.31	0.14	0.17	0.50
ADN	ADVENT TECHNOLOGIES HOLDINGS INC	$0.11	1,462,208	-10.71%	0.14	0.16	0.18	0.19	0.36	23.96	8.00	9.90	4.43	4.43	-0.02	-0.01	-0.01	0.23
GNE	GENIE ENERGY LTD	$15.83	79,903	-32.51%	15.79	15.57	16.25	19.59	18.81	50.09	48.57	44.92	66.94	59.95	-0.11	-0.19	0.09	0.60
ENIC	ENEL CHILE SA	$2.92	448,129	146.27%	2.99	2.98	2.97	3.01	3.08	45.52	44.36	50.92	46.20	54.69	-0.01	0.00	-0.01	0.67
SO	SOUTHERN CO	$75.85	4,469,450	-18.10%	74.13	71.94	70.31	69.91	69.27	69.03	94.47	90.79	88.83	83.34	1.44	1.08	0.36	0.71
TAC	TRANSALTA CORP	$7.07	1,318,934	114.97%	6.68	6.46	6.56	7.07	7.99	69.52	87.91	82.08	86.04	77.96	0.10	0.02	0.07	0.82
IDA	IDACORP INC	$96.20	480,781	20.53%	94.92	93.25	91.40	92.86	94.96	65.45	82.96	84.73	93.22	95.15	1.23	0.96	0.27	0.68
UGI	UGI CORP	$24.30	4,300,786	-20.16%	25.38	24.76	24.63	24.14	23.59	45.51	59.23	73.64	49.51	65.77	0.18	0.24	-0.05	0.91
UTL	UNITIL CORP	$52.63	35,984	-21.05%	51.12	50.26	50.91	50.59	49.28	63.63	89.58	87.19	94.59	95.00	0.39	0.03	0.36	0.74
EDN	EDENOR	$18.68	134,871	511.99%	17.07	17.25	17.25	18.12	15.67	61.52	73.33	57.45	97.68	86.53	-0.03	-0.19	0.15	0.88
NI	NISOURCE INC	$28.54	3,449,263	-2.05%	28.10	27.66	27.14	26.63	26.42	68.91	92.17	87.81	95.23	85.88	0.35	0.29	0.07	0.74
AWK	AMERICAN WATER WORKS COMPANY INC	$128.75	1,710,454	-23.20%	122.72	120.14	119.46	123.55	127.79	72.32	97.47	95.62	100.00	100.00	1.76	0.69	1.07	0.75
AMPS	ALTUS POWER INC	$4.35	1,195,314	-1.98%	3.79	3.99	4.96	5.56	5.61	53.29	69.45	47.20	100.00	92.19	-0.27	-0.37	0.10	1.16
NJR	NEW JERSEY RESOURCES CORP	$44.70	366,983	9.46%	43.78	42.95	42.49	42.68	42.67	69.39	92.67	91.49	100.00	97.07	0.55	0.36	0.19	0.89
SR	SPIRE INC	$61.31	441,248	-20.73%	61.60	60.36	60.18	60.43	59.89	55.90	73.40	79.07	80.03	84.66	0.53	0.39	0.14	0.74
SBS	COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP	$15.87	861,132	-13.19%	15.89	15.93	15.96	15.69	13.93	49.11	64.77	58.68	66.01	62.13	-0.07	-0.05	-0.02	1.13
DTE	DTE ENERGY CO	$112.75	996,881	35.31%	110.96	108.85	109.42	108.55	106.04	61.47	96.83	91.94	96.04	90.68	0.84	0.36	0.48	0.78
PCYO	PURE CYCLE CORP	$9.91	50,829	-54.70%	9.60	9.57	9.60	9.89	10.21	62.17	74.88	61.04	92.20	82.35	0.03	-0.01	0.04	0.84
WAVE	ECO WAVE POWER GLOBAL AB (PUBL)	$3.15	110,056	-26.01%	9.23	9.04	9.22	9.69	9.82	59.99	82.95	71.89	93.71	80.48	0.04	-0.03	0.07	0.30
PEG	PUBLIC SERVICE ENTERPRISE GROUP INC	$70.45	2,295,287	-32.11%	68.43	67.13	65.44	62.74	61.98	75.56	93.89	91.69	100.00	100.00	1.30	0.97	0.33	0.71
CPK	CHESAPEAKE UTILITIES CORP	$110.05	79,291	-3.80%	106.82	104.46	104.04	103.73	103.08	66.30	93.51	90.82	98.31	91.97	1.28	0.64	0.63	0.77
WEC	WEC ENERGY GROUP INC	$83.22	1,685,995	-15.41%	82.52	81.24	80.62	81.06	82.60	60.77	90.08	90.79	92.30	89.50	0.71	0.50	0.21	0.58
AY	ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC	$21.41	2,907,483	-52.48%	20.21	19.23	18.45	19.22	19.84	69.42	77.12	78.53	99.07	89.49	0.73	0.46	0.27	0.87
ED	CONSOLIDATED EDISON INC	$95.56	2,464,123	23.99%	94.00	91.88	90.16	90.27	90.07	68.44	91.57	92.90	99.27	96.32	1.49	1.11	0.38	0.52
MSEX	MIDDLESEX WATER CO	$53.13	89,961	2.18%	50.20	48.88	50.22	55.60	63.22	66.46	96.46	94.03	100.00	100.00	0.45	-0.30	0.75	0.77
GWRS	GLOBAL WATER RESOURCES INC	$12.76	17,356	13.26%	12.39	12.34	12.54	12.56	11.84	56.53	76.58	68.36	89.06	77.58	0.02	-0.05	0.07	0.86
CWEN	CLEARWAY ENERGY INC	$24.43	948,498	42.34%	23.45	23.20	22.51	23.89	23.77	65.05	87.86	83.55	93.29	88.44	0.30	0.20	0.10	0.85
KEN	KENON HOLDINGS LTD	$23.26	22,857	9.56%	22.19	21.41	23.85	24.14	23.47	55.91	90.31	89.13	100.00	100.00	-0.30	-0.64	0.34	0.70
NRG	NRG ENERGY INC	$76.65	3,594,235	74.42%	73.22	73.09	67.11	59.36	50.10	68.35	76.75	66.08	67.26	50.73	2.00	2.06	-0.06	0.94
BEP	BROOKFIELD RENEWABLE PARTNERS LP	$25.78	1,357,889	81.45%	22.31	21.79	22.43	24.01	24.33	74.09	92.97	78.50	100.00	92.10	0.33	-0.20	0.53	0.86
SJW	SJW GROUP	$55.53	246,943	45.65%	54.68	54.07	55.41	59.11	61.83	55.17	88.37	80.37	100.00	93.19	-0.13	-0.45	0.32	0.82
NWE	NORTHWESTERN ENERGY GROUP INC	$51.18	198,497	-13.01%	50.49	49.81	49.44	49.43	50.22	61.86	89.57	87.98	99.49	94.84	0.41	0.26	0.15	0.81
EBR	BRAZILIAN ELECTRIC POWER CO	$7.78	1,007,669	13.18%	7.40	7.53	8.14	8.33	7.89	52.99	76.98	59.94	100.00	97.01	-0.17	-0.25	0.07	1.18
NWN	NORTHWEST NATURAL HOLDING CO	$38.63	242,297	-3.68%	38.38	37.33	37.00	37.55	38.41	62.33	83.04	78.76	87.47	82.77	0.52	0.37	0.15	0.80
ES	EVERSOURCE ENERGY	$60.01	3,430,099	9.09%	60.49	59.70	59.15	58.57	59.83	52.08	66.00	76.60	73.74	81.92	0.53	0.47	0.07	0.70
ELLO	ELLOMAY CAPITAL LTD	$14.55	2,530	-39.90%	14.79	15.24	16.17	15.77	14.90	40.57	30.69	32.54	45.45	43.40	-0.41	-0.39	-0.02	0.65
SPH	SUBURBAN PROPANE PARTNERS LP	$19.84	217,450	37.78%	19.78	19.61	20.23	19.39	17.59	49.86	82.24	79.45	82.74	81.13	-0.09	-0.15	0.07	0.69
PNM	PNM RESOURCES INC	$37.78	459,836	-22.84%	36.93	36.73	37.04	37.82	40.78	62.64	89.96	87.36	100.00	100.00	0.11	-0.07	0.18	0.67
CREG	SMART POWERR CORP	$1.05	12,494	-82.64%	1.09	1.18	1.30	1.38	1.28	34.89	14.57	17.82	29.52	26.37	-0.07	-0.06	-0.01	0.69
CDZI	CADIZ INC	$2.34	98,433	-34.69%	2.28	2.31	2.55	2.71	3.07	47.04	60.31	50.11	88.39	89.43	-0.07	-0.09	0.02	0.67
ELP	ENERGY CO OF PARANA	$7.53	275,675	10.70%	7.20	7.26	7.69	8.18	8.47	54.61	73.02	51.65	92.55	84.14	-0.12	-0.18	0.05	0.92
BIP	BROOKFIELD INFRASTRUCTURE PARTNERS LP	$29.28	454,688	-2.49%	27.71	27.29	28.54	29.70	29.52	60.03	91.20	77.55	98.93	89.70	-0.17	-0.47	0.30	0.97
VGAS	VERDE CLEAN FUELS INC	$4.78	1,684	-47.77%	0.34	0.35	0.39	0.46	0.72	43.84	66.09	58.43	87.26	82.34	-0.02	-0.02	0.00	-0.01
BNRG	BRENMILLER ENERGY LTD	$1.89	7,990	296.53%	2.08	2.19	2.55	3.86	5.48	36.71	5.79	6.68	3.52	13.51	-0.18	-0.18	0.00	0.43
CEG	CONSTELLATION ENERGY CORP	$194.86	3,124,619	21.78%	187.42	187.60	179.08	149.96	130.38	64.12	57.29	49.30	52.50	35.24	2.97	3.49	-0.52	0.92

Utility Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Utilities - Diversified	12	+1.26%	+4.86%	+3.55%	-5.53%	41.35x	1.63x	+11.48%	+3.37%	+6.98%	+3.69%	Buy
Utilities - Independent Power Producers	5	+2.64%	+8.60%	+6.35%	+88.13%	-8.48x	3.83x	+13.32%	+2.55%	+9.34%	-8.86%	Buy
Utilities - Regulated Electric	42	+0.54%	+2.77%	+3.39%	-6.46%	17.38x	1.67x	+10.93%	+2.96%	+5.31%	+0.43%	Buy
Utilities - Regulated Gas	15	+0.25%	+1.73%	+1.49%	-5.04%	10.65x	1.73x	+8.65%	+2.86%	+5.95%	+3.66%	Hold
Utilities - Regulated Water	14	+1.13%	+5.32%	+5.62%	-12.60%	22.44x	2.15x	+10.05%	+3.75%	+7.62%	+7.87%	Buy
Utilities - Renewable	21	+3.51%	+7.21%	+6.04%	+11.09%	32.19x	2.81x	+7.80%	+1.87%	+4.47%	+8.96%	Buy

Utility Stocks FAQ

What are the best utility stocks to buy right now in May 2024?

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

1. Montauk Renewables (NASDAQ:MNTK)

Montauk Renewables (NASDAQ:MNTK) is the top utility stock with a Zen Score of 62, which is 30 points higher than the utility sector average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Montauk Renewables has seen its stock lose -38.86% over the past year, underperforming other utility stocks by -36 percentage points.

Montauk Renewables has an average 1 year price target of $7.50, an upside of 88.44% from Montauk Renewables's current stock price of $3.98.

Montauk Renewables stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Montauk Renewables, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Consolidated Water Co (NASDAQ:CWCO)

Consolidated Water Co (NASDAQ:CWCO) is the second best utility stock with a Zen Score of 58, which is 26 points higher than the utility sector average of 32. It passed 21 out of 38 due diligence checks and has strong fundamentals. Consolidated Water Co has seen its stock return 52.67% over the past year, overperforming other utility stocks by 55 percentage points.

3. Enlight Renewable Energy (NASDAQ:ENLT)

Enlight Renewable Energy (NASDAQ:ENLT) is the third best utility stock with a Zen Score of 51, which is 19 points higher than the utility sector average of 32. It passed 17 out of 33 due diligence checks and has strong fundamentals. Enlight Renewable Energy has seen its stock return 3.72% over the past year, overperforming other utility stocks by 6 percentage points.

Enlight Renewable Energy has an average 1 year price target of $18.50, an upside of 5.41% from Enlight Renewable Energy's current stock price of $17.55.

Enlight Renewable Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Enlight Renewable Energy, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the utility stocks with highest dividends?

Out of 75 utility stocks that have issued dividends in the past year, the 3 utility stocks with the highest dividend yields are:

1. Brazilian Electric Power Co (NYSE:EBR)

Brazilian Electric Power Co (NYSE:EBR) has an annual dividend yield of N/A, which is N/A percentage points lower than the utility sector average of 3.83%. Brazilian Electric Power Co's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Brazilian Electric Power Co's dividend has not shown consistent growth over the last 10 years.

Brazilian Electric Power Co's dividend payout ratio of 11.3% indicates that its dividend yield is sustainable for the long-term.

2. Kenon Holdings (NYSE:KEN)

Kenon Holdings (NYSE:KEN) has an annual dividend yield of 16.34%, which is 13 percentage points higher than the utility sector average of 3.83%. Kenon Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Kenon Holdings's dividend has shown consistent growth over the last 10 years.

Kenon Holdings's dividend payout ratio of -86% indicates that its high dividend yield might not be sustainable for the long-term.

3. Enel Chile Sa (NYSE:ENIC)

Enel Chile Sa (NYSE:ENIC) has an annual dividend yield of 12.05%, which is 8 percentage points higher than the utility sector average of 3.83%. 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 72.9% indicates that its high dividend yield is sustainable for the long-term.

Why are utility stocks up?

Utility stocks were up 1.07% in the last day, and up 3.9% over the last week. Transalta was the among the top gainers in the utilities sector, gaining 4.74% yesterday.

TransAlta shares are trading higher after the company reported better-than-expected Q1 GAAP EPS results.

What are the most undervalued utility stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued utility stocks right now are:

1. Enlight Renewable Energy (NASDAQ:ENLT)

Enlight Renewable Energy (NASDAQ:ENLT) is the most undervalued utility stock based on WallStreetZen's Valuation Score. Enlight Renewable Energy has a valuation score of 71, which is 43 points higher than the utility sector average of 28. It passed 5 out of 7 valuation due diligence checks.

Enlight Renewable Energy's stock has gained 3.72% in the past year. It has overperformed other stocks in the utility sector by 6 percentage points.

2. Via Renewables (NASDAQ:VIA)

Via Renewables (NASDAQ:VIA) is the second most undervalued utility stock based on WallStreetZen's Valuation Score. Via Renewables has a valuation score of 71, which is 43 points higher than the utility sector average of 28. It passed 5 out of 7 valuation due diligence checks.

Via Renewables's stock has gained 5.5% in the past year. It has overperformed other stocks in the utility sector by 8 percentage points.

3. Energy Co Of Minas Gerais (NYSE:CIG)

Energy Co Of Minas Gerais (NYSE:CIG) is the third most undervalued utility stock based on WallStreetZen's Valuation Score. Energy Co Of Minas Gerais has a valuation score of 71, which is 43 points higher than the utility sector average of 28. It passed 5 out of 7 valuation due diligence checks.

Energy Co Of Minas Gerais's stock has gained 9.54% in the past year. It has overperformed other stocks in the utility sector by 12 percentage points.

Are utility stocks a good buy now?

45.95% of utility stocks rated by analysts are a buy right now. On average, analysts expect utility stocks to rise by 2.5% over the next year.

What is the average p/e ratio of the utilities sector?

The average P/E ratio of the utilities sector is 19.28x.

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.