Company Overview and News
SCANA (SCG) is currently the highest-yielding S&P 500 utility stock with a dividend yield of 5.6%. However, the yield hasn’t increased as the result of a dividend increase but rather due to a fall in the stock’s price. SCANA’s five-year historical dividend yield is at 3.1%, far lower than its current yield.
While utilities have witnessed massive weakness in the last few weeks, one of the smallest components of the S&P 500 Utilities Index (XLU) has been gaining momentum—AES (AES). AES stock has managed to gain ~5% in the past month, while broader utilities have corrected more than 10% during the same period. (1-0)
Falling utility stock prices, political maneuvering in South Carolina, and skepticism about the merger are contributing to declines in the value of SCANA. (1-0)
The slow-moving utilities sector, which was among the top-performing sectors until late last year, has been on a significant downtrend in the last few weeks. In the last one month, the Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, has dropped more than 10%, while the SPDR S&P 500 (SPX-INDEX) (SPY) has risen nearly 5% in the same period. (1-0)
January 12, 2018: Here are four stocks trading with heavy volume among 30 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by nearly 2 to 1 and on the Nasdaq, advancers led decliners by slightly more than 2 to 1. (11-0)
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Wal-Mart (WMT), 3M (MMM) and Union Pacific (UNP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. (59-0)
I believe that someone who writes about financial assets should share his main holdings with his readers. (200-0)
The year closed with a bang, with stock markets rallying strong, dividend income rising and more buying. (367-2)
According to the Wall Street analyst consensus, Southern Company (SO) stock has a mean price target of $50.0 against its current market price of $45.3, which indicates a potential gain of approximately 11% in a year. (1-0)
Southern Company (SO), the second largest rate-regulated utility, is currently trading at an EV-to-EBITDA multiple of 10.5x. Its five-year historical valuation average is near 11.0x, while broader utilities are currently trading at an average valuation multiple of 10.5x. Thus, SO stock looks to be trading at an attractive valuation compared to its historical average as well as the industry average.
January 12, 2018: Here are four stocks trading with heavy volume among 45 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 8 to 7 and on the Nasdaq, advancers led decliners by nearly 3 to 2. (225-0)
On January 11, 2018, the implied volatility of Southern Company (SO) stock was 14%, close to its 15-day average implied volatility. It should be noted that implied volatility of Southern Company is higher than peers’ average as well as that of broader markets.
It seems to be a rough new year for Southern Company (SO) investors. Georgia-based Southern Company stock fell to a two-year low after Goldman Sachs downgraded the stock on January 11, 2018. Goldman Sachs cut Southern Company’s outlook from “neutral” to “sell” due to the risks associated with the completion of its Vogtle Plant.
January 10, 2018: Here are four stocks trading with heavy volume among 40 equities making new 52-week lows in Thursday’s session. On the NYSE advancers led decliners by more than 3 to 1 and on the Nasdaq, advancers led decliners by the same margin. (16-0)
January 10, 2018: Here are four stocks trading with heavy volume among 86 equities making new 52-week lows in Wednesday’s session. On the NYSE decliners led advancers by more than 3 to 2 and on the Nasdaq, decliners led advancers by about 8 to 7. (3-0)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton