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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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CEPU
CENTRAL PUERTO SA
NYSE
Utilities - Regulated Electric
$1.56B$10.32-4.09%$679.00M9.16x0.66
MGEE
MGE ENERGY INC
NASDAQ
Utilities - Regulated Electric
$2.94B$81.18-0.49%$277.51M24.45x1.62
ETR
ENTERGY CORP
NYSE
Utilities - Regulated Electric
$23.91B$111.990.46%$4.86B11.18x3.26
NGG
NATIONAL GRID PLC
NYSE
Utilities - Regulated Electric
$55.98B$71.210.58%$15.13B5.41x2.14
VIA
VIA RENEWABLES INC
NASDAQ
Utilities - Regulated Electric
$78.98M$10.920.09%$57.99M2.72x2.99
EIX
EDISON INTERNATIONAL
NYSE
Utilities - Regulated Electric
$28.81B$74.890.17%$5.48B32.99x4.35
D
DOMINION ENERGY INC
NYSE
Utilities - Regulated Electric
$44.48B$53.070.44%$7.08B27.93x2.72
AGR
AVANGRID INC
NYSE
Utilities - Regulated Electric
$14.26B$36.850.00%$2.54B15.95x1.22
FE
FIRSTENERGY CORP
NYSE
Utilities - Regulated Electric
$22.99B$39.940.25%$4.99B21.59x3.04
FTS
FORTIS INC
NYSE
Utilities - Regulated Electric
$20.16B$41.100.17%$2.56B18.12x1.97
OGE
OGE ENERGY CORP
NYSE
Utilities - Regulated Electric
$7.30B$36.38-0.19%$1.08B18.37x1.91
EVRG
EVERGY INC
NASDAQ
Utilities - Regulated Electric
$12.74B$55.42-0.54%$2.35B17.94x2.24
PPL
PPL CORP
NYSE
Utilities - Regulated Electric
$21.50B$29.140.80%$2.75B28.29x1.82
XEL
XCEL ENERGY INC
NASDAQ
Utilities - Regulated Electric
$30.82B$55.460.40%$5.32B16.65x2.68
PNW
PINNACLE WEST CAPITAL CORP
NYSE
Utilities - Regulated Electric
$8.77B$77.24-0.21%$1.82B16.79x2.99
PCG
PG&E CORP
NYSE
Utilities - Regulated Electric
$46.62B$17.83-0.39%$7.88B15.64x3.95
POR
PORTLAND GENERAL ELECTRIC CO
NYSE
Utilities - Regulated Electric
$4.59B$44.55-0.25%$956.00M17.00x2.35
AEP
AMERICAN ELECTRIC POWER CO INC
NASDAQ
Utilities - Regulated Electric
$48.29B$91.610.73%$7.65B17.00x2.79
CMS
CMS ENERGY CORP
NYSE
Utilities - Regulated Electric
$18.79B$62.93-0.47%$3.47B19.19x3.20
EXC
EXELON CORP
NASDAQ
Utilities - Regulated Electric
$37.67B$37.67-1.72%$7.93B16.24x2.96
LNT
ALLIANT ENERGY CORP
NASDAQ
Utilities - Regulated Electric
$13.16B$51.33-0.72%$1.80B18.67x2.12
DUK
DUKE ENERGY CORP
NYSE
Utilities - Regulated Electric
$79.24B$102.67-0.34%$13.02B25.80x2.58
NEE
NEXTERA ENERGY INC
NYSE
Utilities - Regulated Electric
$151.60B$73.79-1.06%$16.76B20.05x2.48
CNP
CENTERPOINT ENERGY INC
NYSE
Utilities - Regulated Electric
$19.00B$29.70-0.30%$3.31B20.77x3.02
SO
SOUTHERN CO
NYSE
Utilities - Regulated Electric
$85.44B$78.14-0.14%$12.41B20.14x2.93
ENIC
ENEL CHILE SA
NYSE
Utilities - Regulated Electric
$4.27B$3.090.00%$1.17B6.40x1.59
IDA
IDACORP INC
NYSE
Utilities - Regulated Electric
$4.96B$97.810.07%$622.12M19.56x1.86
EDN
EDENOR
NYSE
Utilities - Regulated Electric
$914.61M$20.180.65%$671.31M15.94x2.44
AEE
AMEREN CORP
NYSE
Utilities - Regulated Electric
$19.84B$74.40-0.49%$3.39B17.06x2.60
DTE
DTE ENERGY CO
NYSE
Utilities - Regulated Electric
$23.90B$115.49-0.72%$3.87B18.87x3.11
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
NYSE
Utilities - Regulated Electric
$36.86B$74.010.56%$4.05B20.39x2.33
GNE
GENIE ENERGY LTD
NYSE
Utilities - Regulated Electric
$411.57M$15.17-1.04%$17.02M32.98x0.77
WEC
WEC ENERGY GROUP INC
NYSE
Utilities - Regulated Electric
$26.98B$85.43-0.18%$3.70B18.65x2.63
ED
CONSOLIDATED EDISON INC
NYSE
Utilities - Regulated Electric
$33.79B$97.70-0.43%$5.35B18.65x2.09
EBR
BRAZILIAN ELECTRIC POWER CO
NYSE
Utilities - Regulated Electric
$14.43B$7.30-0.82%$3.44B18.77x1.38
PNM
PNM RESOURCES INC
NYSE
Utilities - Regulated Electric
$3.42B$37.93-0.73%$614.05M41.68x3.33
ES
EVERSOURCE ENERGY
NYSE
Utilities - Regulated Electric
$21.81B$61.920.26%$2.00B-52.03x2.94
KEP
KOREA ELECTRIC POWER CORP
NYSE
Utilities - Regulated Electric
$9.68B$7.54-6.91%$7.75B-2.78x5.65
NNE
NANO NUCLEAR ENERGY INC
NASDAQ
Utilities - Regulated Electric
N/A$4.51-10.69%N/AN/A0.16
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
NYSE
Utilities - Regulated Electric
$1.10B$9.99-2.44%$672.77M5.88x6.10
VSTE
VAST RENEWABLES LTD
NASDAQ
Utilities - Regulated Electric
$88.75M$3.03-10.09%-$295.30M-0.05x8.97
SUUN
SOLARBANK CORP
NASDAQ
Utilities - Regulated Electric
N/A$5.840.00%N/AN/A1.54
ALCE
ALTERNUS CLEAN ENERGY INC
NASDAQ
Utilities - Regulated Electric
$26.99M$0.34-5.07%-$31.42M-0.36x-3.93

Regulated Electric Utility Stocks FAQ

What are the best regulated electric utility stocks to buy right now in May 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 51, which is 20 points higher than the regulated electric utility industry average of 31. It passed 19 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 64.59% over the past year, overperforming other regulated electric utility stocks by 70 percentage points.

2. Mge Energy (NASDAQ:MGEE)


Mge Energy (NASDAQ:MGEE) is the second best regulated electric utility stock with a Zen Score of 46, which is 15 points higher than the regulated electric utility industry average of 31. It passed 16 out of 38 due diligence checks and has strong fundamentals. Mge Energy has seen its stock return 4.12% over the past year, overperforming other regulated electric utility stocks by 10 percentage points.

Mge Energy has an average 1 year price target of $62.00, a downside of -23.63% from Mge Energy's current stock price of $81.18.

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.

3. Entergy (NYSE:ETR)


Entergy (NYSE:ETR) is the third best regulated electric utility stock with a Zen Score of 44, which is 13 points higher than the regulated electric utility industry average of 31. It passed 15 out of 38 due diligence checks and has strong fundamentals. Entergy has seen its stock return 4.08% over the past year, overperforming other regulated electric utility stocks by 10 percentage points.

Entergy has an average 1 year price target of $109.75, a downside of -2% from Entergy's current stock price of $111.99.

Entergy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Entergy, 37.5% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.

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 11.39%, which is 8 percentage points higher than the regulated electric utility industry average of 3.73%. 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.

2. Dominion Energy (NYSE:D)


Dominion Energy (NYSE:D) has an annual dividend yield of 5.03%, which is 1 percentage points higher than the regulated electric utility industry average of 3.73%. 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 140.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. National Grid (NYSE:NGG)


National Grid (NYSE:NGG) has an annual dividend yield of 4.97%, which is 1 percentage points higher than the regulated electric utility industry average of 3.73%. 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.

Why are regulated electric utility stocks down?

Regulated electric utility stocks were down -0.23% in the last day, and up 2.33% 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. 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 44 points higher than the regulated electric utility industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Central Puerto Sa's stock has gained 64.59% in the past year. It has overperformed other stocks in the regulated electric utility industry by 70 percentage points.

2. Via Renewables (NASDAQ:VIA)


Via Renewables (NASDAQ:VIA) is the second most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Via Renewables has a valuation score of 71, which is 44 points higher than the regulated electric utility industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Via Renewables's stock has dropped -8.92% in the past year. It has underperformed other stocks in the regulated electric utility industry by -3 percentage points.

3. Enel Chile Sa (NYSE:ENIC)


Enel Chile Sa (NYSE:ENIC) is the third most undervalued regulated electric utility stock based on WallStreetZen's Valuation Score. Enel Chile Sa has a valuation score of 57, which is 30 points higher than the regulated electric utility industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Enel Chile Sa's stock has gained 3% in the past year. It has overperformed other stocks in the regulated electric utility industry by 9 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 fall by -1.54% 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 17.64x.
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.