Utilities

With Election Day about two months away, investors by now know that an array of industries, sectors and the corresponding exchange-traded funds have been affected by political chatter this year. Healthcare stocks and ETFs have been front and center, taking several blows from Democratic nominee...

One perception of September is it marks the start of autumn. In financial markets, that does not necessarily mean the return of risk appetite. Over the past 20 years, the S&P 500 has averaged a September loss of 0.3 percent. Keeping with the theme of needing to wait a little while longer before...

Imperial Capital has started coverage of Parsley Energy Inc (NYSE: PE) with an Outperform rating and $34 target price, citing the company as experiencing the highest oil growth in its peer group and one of the lowest cost structures. Furthermore, the company has prime acreage in the Midland and...

Although American Electric Power Company Inc (NYSE: AEP) has historically traded at a discount to its Regulated Utility peers, Goldman Sachs’ Michael Lapides believes the stock deserves to trade at a higher multiple. Lapides upgraded the rating on the company from Neutral to Buy, while...

Andrew Slimmon is Morgan Stanley's lead senior portfolio manager on all long-equity strategies. On Friday, he was a guest on CNBC and argued there is "too much caution" in the market. According to Slimmon, many investors are taking a cautious approach to the market, and this is evident based on the...

As summer continues to sizzle, your utility bills are likely to see an incremental spike over the next few months. However, if you have aging parents and are involved in their finances, you may be even more concerned about the increased expenses ahead. It’s important to realized that...

Imperial Capital has upgraded Range Resources Corp. (NYSE: RRC) to Outperform from In Line on "brighter gas pricing outlook." The brokerage has also raised the price target by $10 to $55, implying an upside of 25 percent from the recent share price. "We believe that the recent improvement in...

At a time when Treasury yields are near historic lows and the Utilities SPDR (ETF) (NYSE: XLU) sports a dividend yield of 3.1 percent with a year-to-date return of nearly 20 percent, it is easy to understand investors' enthusiasm for the utilities sector. By virtue of its bond-like...

Alliant Energy Corporation (NYSE: LNT) revealed that its board has declared its quarterly cash dividend of $0.29375 per share. For the full year, this translated into $1.18 a share. The dividend provided a yield of 3.0 percent, which was lower than the average 3.40 percent for the five-year period...

The combination of the utilities sector ranking as easily the best-performing sector this year, interest rates that appear to be remaining low for the foreseeable future and investors' overt preference for defensive sectors, it stands to reason that some market observers view utilities stocks...

CenterPoint Energy, Inc. (NYSE: CNP) shares have appreciated 15.2 percent over the last three months, as compared to the 2.2 percent rise for the S&P 500. Argus’ Gary Hovis reiterated a Buy rating on the company, while raising the price target from $26 to $28. Dividend Yield The company...

Jefferies analysts believe Southwestern Energy Company (NYSE: SWN)'s fresh-term loan will not have the potentials to solve its financial requirements. Although the brokerage lifted its price target to $5.0 from $4.0, it maintains its Underperform rating. However, the stock traded more than 12...

Goldman Sachs initiated coverage on Endesa Americas SA – ADR (NYSE: EOCA) with a Neutral Rating and $13 price target, which implies an estimated total return of 7 percent compared to 12.4 percent for the bank's Chilean utilities coverage. According to the report published Monday, the next step in...

Goldman Sachs started coverage of Enersis Chile SA – ADR (NYSE: ENIC) with a Neutral rating and $6 price target of $6, implying estimated total returns (ETR) of 6.6 percent. The initiation follows the conclusion of the separation of Enersis into two entities (Enersis Chile and Enersis Americas) and...

Barclays raised its earnings estimates on Consolidated Edison, Inc. (NYSE: ED). In the report published on Monday, analysts revised the 2016 EPS to $3.99 up from $3.95, the 2017 EPS to $4.09 down from $4.10 and the 2018 EPS to $4.28 up from a previous $4.26. Barclays increased its price target from...