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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CEPU
CENTRAL PUERTO SA
$1.57B1.87%17.20%$0.0661$0.1939%3
MGEE
MGE ENERGY INC
$2.95B2.08%50.90%$0.4275$1.6942%0
FTS
FORTIS INC
$20.00B4.60%75.00%$0.5900$1.8777%02024-06-01
VIA
VIA RENEWABLES INC
$79.27MN/A0.00%$0.9063N/AN/A0
NGG
NATIONAL GRID PLC
$57.25B4.85%25.70%$1.1899$3.5479%11
ETR
ENTERGY CORP
$24.14B3.95%44.50%$1.1300$4.4670%02024-06-03
D
DOMINION ENERGY INC
$44.84B4.99%140.50%$0.6675$2.6780%12024-05-312024-06-20
EIX
EDISON INTERNATIONAL
$29.36B3.98%133.70%$0.7800$3.0470%0
AGR
AVANGRID INC
$13.87B4.91%76.20%$0.4400$1.7680%02024-06-032024-07-01
XEL
XCEL ENERGY INC
$30.85B3.80%63.30%$0.5475$2.1168%0
EVRG
EVERGY INC
$12.67B4.61%81.20%$0.6425$2.5477%02024-06-20
FE
FIRSTENERGY CORP
$23.04B4.08%86.50%$0.4250$1.6471%02024-06-01
OGE
OGE ENERGY CORP
$7.41B4.51%84.30%$0.4182$1.6776%02024-07-082024-07-26
PPL
PPL CORP
$21.83B3.30%95.00%$0.2575$0.9861%22024-06-102024-07-01
PNW
PINNACLE WEST CAPITAL CORP
$8.91B4.47%76.20%$0.8800$3.5175%02024-06-03
PCG
PG&E CORP
$48.64B0.11%1.80%$0.0100$0.021%1
CMS
CMS ENERGY CORP
$18.89B3.17%60.30%$0.5150$2.0159%02024-05-31
AEP
AMERICAN ELECTRIC POWER CO INC
$48.85B3.74%63.50%$0.8800$3.4767%02024-06-10
POR
PORTLAND GENERAL ELECTRIC CO
$4.64B4.22%72.50%$0.4750$1.9073%02024-06-242024-07-15
EDN
EDENOR
$859.77MN/A0.00%N/AN/AN/AN/A
EXC
EXELON CORP
$38.58B3.84%62.90%$0.3800$1.4869%12024-06-14
LNT
ALLIANT ENERGY CORP
$13.32B3.59%67.80%$0.4800$1.8765%0
NEE
NEXTERA ENERGY INC
$156.33B2.52%52.10%$0.5150$1.9250%0
DUK
DUKE ENERGY CORP
$80.18B3.95%102.50%$1.0250$4.1070%02024-06-17
AEE
AMEREN CORP
$19.93B3.43%58.70%$0.6700$2.5663%02024-06-122024-06-28
CNP
CENTERPOINT ENERGY INC
$19.24B2.63%54.50%$0.2000$0.7951%12024-06-13
SO
SOUTHERN CO
$86.97B3.55%72.20%$0.7200$2.8264%02024-06-06
IDA
IDACORP INC
$4.99B3.33%49.00%$0.8300$3.2861%02024-05-30
DTE
DTE ENERGY CO
$24.13B3.38%64.50%$1.0200$3.9562%12024-06-172024-07-15
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
$37.13B3.10%63.60%$0.6000$2.3158%02024-06-072024-06-28
GNE
GENIE ENERGY LTD
$415.37M1.96%65.20%$0.0750$0.3041%12024-05-31
WEC
WEC ENERGY GROUP INC
$27.00B3.78%69.30%$0.8350$3.2368%12024-06-01
ED
CONSOLIDATED EDISON INC
$33.58B3.38%62.20%$0.8300$3.2862%02024-06-14
ENIC
ENEL CHILE SA
$4.33B1.10%72.90%$0.0344$0.0321%62024-05-22
EBR
BRAZILIAN ELECTRIC POWER CO
$14.83B1.05%11.30%$0.0790$0.0820%5
ES
EVERSOURCE ENERGY
$21.47B4.56%-230.30%$0.7150$2.7877%02024-06-28
PNM
PNM RESOURCES INC
$3.47B3.92%165.90%$0.3875$1.5169%0
KEP
KOREA ELECTRIC POWER CORP
$9.50BN/A0.00%$0.3692N/AN/A0
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
$1.27B3.13%42.40%$0.3600$0.3658%0
VSTE
VAST RENEWABLES LTD
$84.36MN/A0.00%N/AN/AN/AN/A
OKLO
OKLO INC
$388.34MN/A0.00%N/AN/AN/AN/A

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 18 points higher than the regulated electric utility industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Central Puerto Sa has seen its stock return 65.23% over the past year, overperforming other regulated electric utility stocks by 66 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 13 points higher than the regulated electric utility industry average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. Mge Energy has seen its stock return 6.17% over the past year, overperforming other regulated electric utility stocks by 7 percentage points.

Mge Energy has an average 1 year price target of $62.00, a downside of -23.84% from Mge Energy's current stock price of $81.41.

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. Fortis (NYSE:FTS)


Fortis (NYSE:FTS) is the third best regulated electric utility stock with a Zen Score of 45, which is 12 points higher than the regulated electric utility industry average of 33. It passed 15 out of 38 due diligence checks and has strong fundamentals. Fortis has seen its stock lose -6.47% over the past year, underperforming other regulated electric utility stocks by -6 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. Dominion Energy (NYSE:D)


Dominion Energy (NYSE:D) has an annual dividend yield of 4.99%, which is 2 percentage points higher than the regulated electric utility industry average of 3.43%. 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.

2. Avangrid (NYSE:AGR)


Avangrid (NYSE:AGR) has an annual dividend yield of 4.91%, which is 1 percentage points higher than the regulated electric utility industry average of 3.43%. 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 76.2% indicates that its high dividend yield is sustainable for the long-term.

3. National Grid (NYSE:NGG)


National Grid (NYSE:NGG) has an annual dividend yield of 4.85%, which is 1 percentage points higher than the regulated electric utility industry average of 3.43%. National Grid's dividend payout is not stable, having dropped more than 10% eleven 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 -0.18% in the last day, and up 0.84% over the last week. Avangrid was the among the top losers in the utilities - regulated electric industry, dropping -4.5% yesterday.

Avangrid shares are trading lower after the company announced it will be acquired by Iberdrola.

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 41 points higher than the regulated electric utility industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Central Puerto Sa's stock has gained 65.23% in the past year. It has overperformed other stocks in the regulated electric utility industry by 66 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 41 points higher than the regulated electric utility industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Via Renewables's stock has dropped -13.7% in the past year. It has underperformed other stocks in the regulated electric utility industry by -13 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 -8.21% 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 fall by -1.84% 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 18x.
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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.