Ultime notizie per UGI (NYSE:UGI) Azioni

UGI Corp is an American holding company that, through its subsidiaries, is involved in the transport and marketing of energy and related services. Its segments include AmeriGas Propane, UGI International, Midstream & Marketing and UGI Utilities. The AmeriGas Propane segment consists of the propane distribution business. The UGI International segment consists of LPG distribution businesses. The Midstream & Marketing segment consists of energy-related businesses. The UGI Utilities segment consists of the regulated natural gas and electric distribution. The company derives a majority of its revenue from the UGI International segment.

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UGI Corp

UGI Corp. Corp Unit

UGI ORD

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">UGI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.27%</li>
<li>Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 70%.</li>
<li>Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On Sept. 30, UGI appointed Melanie Ruiz and David Bingenheimer as directors of UGI Corporation, effective Nov. 1.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">latest UGI news</a>.</li>
</ul>
<figure class="wp-block-image is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/4c6d6424-5530-43a8-a30c-90b01ed66964" alt="" style="width:626px;height:auto" /></a></figure>
<h3 class="wp-block-heading">Avista Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVA#NYSE">AVA</a>)</h3>
<ul>
<li>Dividend Yield: 5.11%</li>
<li>Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 63%.</li>
<li>Guggenheim analyst Shahriar Pourrezza upgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: Avista will hold its quarterly conference call to discuss third quarter results on Wednesday, Nov. 6.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">latest AVA news.</a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="891" height="870" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082357/image-85.png" alt="" class="wp-image-591224" style="width:721px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082357/image-85.png 891w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082357/image-85-300x293.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082357/image-85-768x750.png 768w" sizes="(max-width: 891px) 100vw, 891px" /></a></figure>
<h3 class="wp-block-heading">Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>)</h3>
<ul>
<li>Dividend Yield: 4.48%</li>
<li>BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $70 to $74 on Oct. 3. This analyst has an accuracy rate of 74%.</li>
<li>Mizuho analyst Paul Fremont maintained an Outperform rating and boosted the price target from $62 to $73 on Oct. 2. This analyst has an accuracy rate of 63%.</li>
<li>Recent News: On Sept. 30, Eversource Energy completed the exit of offshore wind business.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">trend in ES stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="905" height="852" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082441/image-86.png" alt="" class="wp-image-591228" style="width:628px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082441/image-86.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082441/image-86-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11082441/image-86-768x723.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
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Wall Street's Most Accurate Analysts Weigh In On 3 Utilities Care Stocks With Over 4% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">UGI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.39%</li>
<li>Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and lowered the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 71%.</li>
<li>Mizuho analyst Gabriel Moreen maintained a Neutral rating and increased the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On Aug. 7, UGI posted a profit for the third quarter.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">latest UGI news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="901" height="832" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195223/image-105.png" alt="" class="wp-image-545793" style="width:654px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195223/image-105.png 901w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195223/image-105-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195223/image-105-768x709.png 768w" sizes="(max-width: 901px) 100vw, 901px" /></a></figure>
<h3 class="wp-block-heading">Clearway Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWEN#NYSE">CWEN</a>)</h3>
<ul>
<li>Dividend Yield: 5.88%</li>
<li>Morgan Stanley analyst Robert Kad upgraded the stock from Equal-Weight to Overweight and raised the price target from $25 to $36 on July 31. This analyst has an accuracy rate of 80%</li>
<li>RBC Capital analyst Shelby Tucker maintained a Sector Perform rating and cut the price target from $26 to $25 on Feb. 27. This analyst has an accuracy rate of 70%.</li>
<li>Recent News: On Aug. 1, Clearway Energy posted a decline in second-quarter sales.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the t<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">rend in CWEN stock. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="913" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195308/image-106.png" alt="" class="wp-image-545797" style="width:645px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195308/image-106.png 913w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195308/image-106-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195308/image-106-768x707.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></a></figure>
<h3 class="wp-block-heading">Dominion Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>)</h3>
<ul>
<li>Dividend Yield: 4.67%</li>
<li>BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $53 to $57 on Aug. 5. This analyst has an accuracy rate of 70%.</li>
<li>B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Underperform to Neutral and raised the price target from $43 to $54 on May 10. This analyst has an accuracy rate of 71%.</li>
<li>Recent News: On Aug. 1, Dominion Energy reported second-quarter FY24 revenue of $3.486 billion, missing the consensus of $3.729 billion.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">breakout in D shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="875" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195346/image-107.png" alt="" class="wp-image-545798" style="width:677px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195346/image-107.png 875w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195346/image-107-300x289.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12195346/image-107-768x739.png 768w" sizes="(max-width: 875px) 100vw, 875px" /></a></figure>
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Wall Street's Most Accurate Analysts Weigh In On 3 Utilities Stocks With Over 4% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Rating</a>s page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">Atlantica Sustainable Infrastructure plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AY#NASDAQ">AY</a>)</h3>
<ul>
<li>Dividend Yield: 8.04%</li>
<li>Seaport Global analyst Angie Storozynski downgraded the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 74%.</li>
<li>BMO Capital analyst James Thalacker maintained a Market Perform rating and boosted the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On Aug. 1, Atlantica Sustainable posted better-than-expected quarterly sales.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest AY news</li>
</ul>
<h3 class="wp-block-heading">UGI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.16%</li>
<li>Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 70%.</li>
<li>Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On Aug. 7, UGI posted a profit for the third quarter.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in UGI stock.</li>
</ul>
<h3 class="wp-block-heading">Avista Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVA#NYSE">AVA</a>)</h3>
<ul>
<li>Dividend Yield: 4.97%</li>
<li>Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 64%.</li>
<li>Guggenheim analyst Shahriar Pourreza upgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 66%.</li>
<li>Recent News: On Aug. 7, Avista posted upbeat quarterly earnings.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in AVA shares.</li>
</ul>

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Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields

Guidance

UGI Continues To Expect FY24 Adjusted EPS Guidance Range Of $2.70 - $3.00, Est $2.93

UGI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $(0.06) by 200 percent. The company reported quarterly sales of $1.380 billion which missed the analyst consensus estimate of $1.731 billion by 20.28 percent. This is a 16.82 percent decrease over sales of $1.659 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

UGI Q3 2024 Adj. EPS $0.06 Beats $(0.06) Estimate, Sales $1.380B Miss $1.731B Estimate

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">Atlantica Sustainable Infrastructure plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AY#NASDAQ">AY</a>)</h3>
<ul>
<li>Dividend Yield: 8.07%</li>
<li>Seaport Global analyst Angie Storozynski downgraded the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 74%.</li>
<li>BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 66%.</li>
<li>Recent News: On May 28, the company announced it entered into a definitive agreement to be acquired by Energy Capital Partners.</li>
<li>Benzinga Pro's real-time newsfeed <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072224&amp;t=be2bearmibe3na1">alerted to latest AY news</a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="687" height="733" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042207/Screenshot-2024-07-22-at-1.52.00-PM.png" alt="" class="wp-image-448064" style="width:428px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042207/Screenshot-2024-07-22-at-1.52.00-PM.png 687w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042207/Screenshot-2024-07-22-at-1.52.00-PM-281x300.png 281w" sizes="(max-width: 687px) 100vw, 687px" /></a></figure>
<h3 class="wp-block-heading">UGI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.16%</li>
<li>Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 66%.</li>
<li>Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: UGI is scheduled to announce the results of its third fiscal quarter earnings after the closing bell on Aug. 7.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072224&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in UGI's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="688" height="752" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042243/Screenshot-2024-07-22-at-1.52.37-PM.png" alt="" class="wp-image-448065" style="width:425px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042243/Screenshot-2024-07-22-at-1.52.37-PM.png 688w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042243/Screenshot-2024-07-22-at-1.52.37-PM-274x300.png 274w" sizes="(max-width: 688px) 100vw, 688px" /></a></figure>
<h3 class="wp-block-heading">Avista Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVA#NYSE">AVA</a>)</h3>
<ul>
<li>Dividend Yield: 5.17%</li>
<li>Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 63%.</li>
<li>Guggenheim analyst Shahriar Pourreza upgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 61%.</li>
<li>Recent News: Avista is expected to hold its quarterly conference call and webcast to discuss second quarter results on Wednesday, Aug. 7.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072224&amp;t=be2bearmibe3na1">breakout in AVA's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="657" height="757" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042329/Screenshot-2024-07-22-at-1.53.24-PM.png" alt="" class="wp-image-448066" style="width:397px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042329/Screenshot-2024-07-22-at-1.53.24-PM.png 657w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/22042329/Screenshot-2024-07-22-at-1.53.24-PM-260x300.png 260w" sizes="(max-width: 657px) 100vw, 657px" /></a></figure>
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Wall Street's Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 5% Dividend Yields

Primo Water Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/prmw#NYSE">PRMW</a>) rising earnings estimates and organic customer growth make it a great investment in the utility sector. The increasing water demand will also boost the company&#39;s performance.
Currently, the company carries a Zacks Rank #2 (Buy). Let&#39;s look at the factors that are driving the stock.
<h3>Growth Projections</h3>
The Zacks Consensus Estimate for PRMW&#39;s 2024 and 2025 earnings per share increased nearly 8% and 2.8%, respectively, in the last 60 days.
The company&#39;s long-term (three to five years) earnings growth rate is 15.47%.
<h3>Surprise History, Dividend Details &amp; Share Repurchase</h3>
Primo Water has a positive earnings surprise history. Its trailing four-quarter earnings surprise is 3.18%, on average.
The company has consistently paid shareholders a cash dividend on its common stock since 2014. It increased its dividend 13 times in the past five years, and its payout has grown 9.72% over the same period. Its current dividend yield is 1.71%, which is better than the Zacks S&amp;P 500 composite&#39;s yield of 1.61%.
The company is also repurchasing its shares to increase shareholders&#39; value. It plans to repurchase shares worth $75 million in 2024 and has already purchased shares worth $9 million.
<h3>Liquidity</h3>
PRMW&#39;s current ratio is 2.13, better than the industry average of 1.11. The current ratio, being greater than one, indicates the company has enough short-term assets to meet its short-term obligations.
<h3>Investments</h3>
PRMW is making continuous investments to improve its infrastructure. The company invested $437.7 million between 2021 and 2023. It aims to invest $153.4 million in 2024.
<h3>Price Performance</h3>
Shares of Primo Water have gained 16.9% in the past three months compared with the industry&#39;s 1.1% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/21/70421.jpg?v=452585380" />
Image Source: Zacks Investment Research
<h3>Other Stocks to Consider</h3>
Other top-ranked stocks in the industry are California Water Service Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cwt#NYSE">CWT</a>), UGI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugi#NYSE">UGI</a>) and Fortis Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fts#NYSE">FTS</a>). California Water Service Group currently sports a Zacks Rank #1 (Strong Buy) while UGI and Fortis&nbsp; currently carry a Zacks Rank of 2.
California Water delivered an average earnings surprise of 85.16% in the last four quarters. The Zacks Consensus Estimate for earnings for 2024 earnings indicates year-on-year growth of 246.15%.
UGI delivered an average earnings surprise of 19.13% in the last four quarters. The consensus estimate for earnings for 2024 and 2025 has gone up 0.69% and 0.32% respectively, in the last 90 days.
Fortis delivered an average earnings surprise of 4.17% in the last four quarters. The Zacks Consensus Estimate for earnings for 2024 and 2025 indicates year-over-year growth of 2.19% and 2.66%, respectively.
<a href="https://www.zacks.com/stock/news/2297345/reasons-to-add-primo-water-prmw-to-your-portfolio-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2297345">To read this article on Zacks.com click here.</a>

PRMW

Reasons to Add Primo Water to Your Portfolio Now

Atmos Energy Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ato#NYSE">ATO</a>) continuous capital investments to increase the safety and reliability of its natural gas pipelines help enhance its performance. The company&#39;s expansion into renewable natural gas will boost its performance even further.
Currently, the company carries a Zacks Rank #2 (Buy). Let&#39;s look at the factors that are driving the stock.
<h3>Growth Projections</h3>
The Zacks Consensus Estimate for ATO&#39;s fiscal 2024 and 2025 earnings per share increased 1.82% and 0.99%, respectively, in the last 60 days.
The consensus estimate for 2024 and 2025 sales indicates year-over-year growth of 9.39% and 11.32%, respectively.
The long-term (three to five years) earnings growth of the company is pinned at 7%.
<h3>Surprise History &amp; Dividend Details</h3>
Atmos Energy has a positive earnings surprise history. Its trailing four-quarter earnings surprise is 3.3%, on average.
The company has been rewarding its shareholders through consistent increases in annual dividend rates for 40 consecutive years. It has consistently paid shareholders a cash dividend on its common stock since 1995. The current dividend yield of the company is 2.8%, which is better than the Zacks S&amp;P 500 Composite&#39;s yield of 1.61%.
<h3>Leverage</h3>
Atmos Energy&#39;s debt to capital at the end of second-quarter fiscal 2024 was 39.31%, which compared favorably with its industry average of 44.91%. The reduced leverage signifies that the interest costs are lower and the company is using a smaller percentage of borrowed capital than its peers to run its operation.
<h3>Liquidity</h3>
ATO&#39;s current ratio is 1.36, better than the industry average of 0.69. The current ratio, being greater than one, indicates the company has enough short-term assets to meet its short-term obligations.
<h3>Investments &amp; Customer Additions</h3>
The company plans to invest $3.1 billion during fiscal 2024 and approximately $17 billion till fiscal 2028, majorly to increase its safety and reliability. It aims to replace miles of old transmission and distribution lines over the next five years to make its systems more reliable and reduce methane emissions by 50% by 2035 from the 2017 levels. These investments will help deliver natural gas to consumers safely, improve customers&#39; experience, and provide environmental and operational benefits to the company.
Atmos Energy&#39;s regulated and reliable operations generate a relatively stable and growing income. The company expects strong industrial and commercial customer growth. Commercial customer growth remained solid with more than 2,000 commercial customers connecting to the system during the first half of the fiscal 2024.
<h3>Price Performance</h3>
Shares of Atmos Energy have gained 0.1% in the past month against the industry&#39;s 1.9% decline.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c2/70322.jpg?v=1815180337" />
Image Source: Zacks Investment Research
<h3>Other Stocks to Consider</h3>
Some other top-ranked stocks in the industry are NewJersey Resources Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/njr#NYSE">NJR</a>), UGI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugi#NYSE">UGI</a>), and Fortis Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fts#NYSE">FTS</a>). Each of these stocks currently carries a Zacks Rank of 2.
NewJersey Resources has delivered an average earnings surprise of 107.41% in the last four quarters. The Zacks Consensus Estimate for earnings for fiscal 2024 indicates year-over-year growth of 9.7%.
UGI has delivered an average earnings surprise of 19.13% in the last four quarters. The consensus estimate for earnings for 2024 and 2025 has gone up 0.69% and 0.32%, respectively, in the last 90 days.
Fortis has delivered an average earnings surprise of 4.17% in the last four quarters. The Zacks Consensus Estimate for earnings for 2024 and 2025 indicates year-over-year growth of 2.19% and 2.66%, respectively.
<a href="https://www.zacks.com/stock/news/2296961/reasons-to-add-atmos-energy-ato-to-your-portfolio-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2296961">To read this article on Zacks.com click here.</a>

Reasons to Add Atmos Energy to Your Portfolio Now

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">Atlantica Sustainable Infrastructure plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AY#NYSE">AY</a>)</h3>
<ul>
<li>Dividend Yield: 8.10%</li>
<li>Seaport Global analyst Angie Storozynski downgraded the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 73%.</li>
<li>BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 64%.</li>
<li>Recent News: On May 28, the company announced it entered into a definitive agreement to be acquired by Energy Capital Partners.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest AY's news</li>
</ul>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="679" height="750" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035958/Screenshot-2024-06-20-at-1.29.52-PM.png" alt="" class="wp-image-396271" style="width:484px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035958/Screenshot-2024-06-20-at-1.29.52-PM.png 679w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035958/Screenshot-2024-06-20-at-1.29.52-PM-272x300.png 272w" sizes="(max-width: 679px) 100vw, 679px" /></figure>
<h3 class="wp-block-heading">UGI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.79%</li>
<li>Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 68%.</li>
<li>Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 70%.</li>
<li>Recent News: On June 11, UGI subsidiaries commenced an offer to purchase for cash up to $450 million of the offerors&#8217; 5.500% senior notes due 2025.</li>
<li>Benzinga Pro's charting tool helped identify the trend in UGI's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="692" height="748" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035925/Screenshot-2024-06-20-at-1.29.18-PM.png" alt="" class="wp-image-396270" style="width:504px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035925/Screenshot-2024-06-20-at-1.29.18-PM.png 692w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035925/Screenshot-2024-06-20-at-1.29.18-PM-278x300.png 278w" sizes="(max-width: 692px) 100vw, 692px" /></figure>
<h3 class="wp-block-heading">Avista Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVA#NYSE">AVA</a>)</h3>
<ul>
<li>Dividend Yield: 5.58%</li>
<li>Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 63%.</li>
<li>Guggenheim analyst ShahriarPourrezaupgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 67%.</li>
<li>Recent News: On May 1, Avista posted better-than-expected quarterly sales.</li>
<li>Benzinga Pro's signals feature notified of a potential breakout in Avista's shares.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="656" height="754" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035823/Screenshot-2024-06-20-at-1.28.13-PM.png" alt="" class="wp-image-396267" style="width:484px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035823/Screenshot-2024-06-20-at-1.28.13-PM.png 656w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/20035823/Screenshot-2024-06-20-at-1.28.13-PM-261x300.png 261w" sizes="(max-width: 656px) 100vw, 656px" /></figure>
Read More: <a href="https://www.youtube.com/watch?v=pVF0O2lsEH4">How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro</a>
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New Jersey Resources (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/njr#NYSE">NJR</a>) continues to benefit from its infrastructure upgrades that help serve its expanding customer base more efficiently. Given its earnings growth opportunities and strong return on equity (ROE), NJR makes for a solid investment option in the utility sector. 
Let&#39;s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.
<h3>Growth Projections &amp; Surprise History</h3>
The Zacks Consensus Estimate for fiscal 2024 earnings per share has moved up 1.7% in the past 90 days to $2.94. 
New Jersey Resources delivered an average earnings surprise of 107.4% in the last four quarters.
<h3>Return on Equity</h3>
ROE indicates how efficiently a company has been utilizing the funds to generate higher returns. Currently, New Jersey Resources&#39; ROE is 12.16%, higher than the industry&#39;s average of 9.7%. This indicates that the company has been utilizing the funds more constructively than its peers in the utility gas distribution industry.
<h3>Dividend Growth</h3>
NJR has been increasing shareholders&#39; value by paying dividends. Currently, its quarterly dividend is 42 cents per share, resulting in an annualized dividend of $1.68 per share, up 7.7% from the previous figure of $1.56. The company&#39;s current dividend yield is 3.99%, better than the Zacks S&amp;P 500 composite&#39;s 1.29%.&nbsp;
<h3>Systematic Investments &amp; Customer Growth</h3>
New Jersey Resources makes consistent investments to upgrade and maintain its existing infrastructure. The idea is to provide reliable services to its customers around the clock. The company expects capital investments to be in the range of $619-$754 million and $578-$742 million for fiscal 2024 and fiscal 2025, respectively. 
The company added 4,058 new customers during the first six months of fiscal 2024, compared with 4,064 in the same period of fiscal 2023. It expects these new customers to contribute nearly $3.4 million of incremental utility gross margin on an annualized basis.
<h3>Price Performance</h3>
In the past three months, shares of the company have risen 2% compared with the sector&#39;s 1.4% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/77/68951.jpg?v=1395337783" /> 
Image Source: Zacks Investment Research
<h3>Other Stocks to Consider</h3>
A few other top-ranked stocks from the same industry are Atmos Energy&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ato#NYSE">ATO</a>), MDU Resources (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdu#NYSE">MDU</a>) and UGI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugi#NYSE">UGI</a>), each holding a Zacks Rank #2 at present. 
ATO&#39;s long-term (three to five years) earnings growth rate is 7%. The Zacks Consensus Estimate for ATO&#39;s fiscal 2024 EPS indicates year-over-year growth of 10.2%. 
MDU&#39;s long-term earnings growth rate is 6%. The Zacks Consensus Estimate for MDU&#39;s 2024 EPS indicates a year-over-year increase of 3.3%. 
The Zacks Consensus Estimate for UGI&#39;s fiscal 2024 EPS indicates a year-over-year improvement of 2.8%. The company delivered an average earnings surprise of 19.1% in the last four quarters.
<a href="https://www.zacks.com/stock/news/2288953/reasons-to-add-new-jersey-resources-njr-to-your-portfolio-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2288953">To read this article on Zacks.com click here.</a>

Reasons to Add New Jersey Resources to Your Portfolio Now

Offerings

UGI Subsidiaries Commence Offer To Purchase For Cash Up To $450M Of The Offerors' 5.500% Senior Notes Due 2025

The notes will be senior, unsecured obligations of UGI and will accrue interest at a rate of&nbsp;5.00%&nbsp;per annum, payable semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2024. The notes will mature on June 1, 2028, unless earlier repurchased or converted.

Reported Earlier, UGI Prices Upsized $610M 5.00% Convertible Senior Notes Due 2028 Offering

WIIM

UGI Corporation shares are trading lower after the company announced a proposed $600 million convertible senior notes offering.

General

UGI Announces Proposed $600M Convertible Senior Notes Offering

New Jersey Resources (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/njr#NYSE">NJR</a>) announced that its unit, New Jersey Natural Gas (&quot;NJNG&quot;), has filed for a rate revision with New Jersey Board of Public Utilities (&quot;BPU&quot;). If the rates are approved without any change, it should increase the utility bill of a typical residential customer using 100 therms a month by 0.5% or 71 cents per month. NJNG expects the rate adjustment to take effect from Oct 1, 2024, subject to the approval of BPU. 
In this rate revision filing, NJNG has asked for a reduction in its annual Basic Gas Supply Service (BGSS) rate, which is offset by an equal increase to its Balancing Charge. Winter weather remained warmer-than-normal year over year, resulting in a minimal decrease of 0.1% related to the Conservation Incentive Program (&quot;CIP&quot;). In its energy-efficiency recovery filing, NJNG seeks a 0.6% increase to recover costs associated with the investment in its SAVEGREEN programs. 
BGSS and Balancing Charge recover the cost of natural gas supplied to customers and balance deliveries with customer usage. CIP helps normalize year-to-year fluctuation from changing weather and usage patterns on both customers&#39; bills and NJNG&#39;s financial margins.
<h3>Investments to Strengthen Operation</h3>
New Jersey Resources makes consistent investments to upgrade and maintain its existing infrastructure. The company expects capital investments to be in the range of $619-$754 million and $578-$742 million for fiscal 2024 and 2025, respectively.&nbsp; The planned capital expenditure should support and expand the infrastructure of the company and allow it to serve its expanding customer base. Systematic capital expenditure is likely to support long-term earnings growth target of 7-9%.
<h3>Price Performance and Zacks Rank</h3>
New Jersey Resources currently has&nbsp;a Zacks Rank #3 (Hold). In the past three months, shares of the company rose 2.9% compared with its industry&#39;s growth of 6.8%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/ca/68009.jpg?v=209497495" /> 
Image Source: Zacks Investment Research
<h3>Demand for Clean Source of Energy to Rise</h3>
The clean-burning nature, wide availability of natural gas across the United States and rising awareness against emission are increasing the demand for natural gas. Per the American Gas Association report, one residential customer signs up for natural gas service every minute and 80 businesses add natural gas service each day.
The rising demand and usage of natural gas should create growth opportunities for Atmos Energy Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ato#NYSE">ATO</a>), MDU Resources (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdu#NYSE">MDU</a>) and UGI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugi#NYSE">UGI</a>), each carrying a Zacks Rank #2 (Buy) at present.&nbsp;You can see the complete list of today&#39;s Zacks #1 Rank (Strong Buy) stocks here. 
The current dividend yield of Atmos Energy, MDU Resources and UGI is 2.78%, 1.98% and 5.89%, respectively, better than the Zacks S&amp;P 500 composite&#39;s 1.57%. 
The Zacks Consensus Estimate for ATO, MDU and UGI fiscal 2024 earnings per share has moved up 0.9%, 1.3% and 2.1%, respectively, in the past 60 days.
<a href="https://www.zacks.com/stock/news/2282823/new-jersey-resources-njr-unit-files-for-gas-rate-revision?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2282823">To read this article on Zacks.com click here.</a>

New Jersey Resources' Unit Files for Gas Rate Revision

Wells Fargo analyst Sarah Akers maintains UGI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>) with a Equal-Weight and lowers the price target from $28 to $27.

Wells Fargo Maintains Equal-Weight on UGI, Lowers Price Target to $27

UGI shares are trading lower after the company reported worse-than-expected Q2 sales results.

UGI Affirms FY24 Adj. EPS $2.70-$3.00 Vs $2.85 Est.

UGI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.64 by 20.12 percent. This is a 17.26 percent increase over earnings of $1.68 per share from the same period last year. The company reported quarterly sales of $2.467 billion which missed the analyst consensus estimate of $3.067 billion by 19.56 percent. This is a 20.57 percent decrease over sales of $3.106 billion the same period last year.

UGI Q2 2024 Adj EPS $1.97 Beats $1.64 Estimate, Sales $2.467B Miss $3.067B Estimate

UGI shares are trading higher following a report suggesting that ADNOC is working with advisers to consider the purchase of a stake in the company's propane distribution unit, AmeriGas.

Dividend Champion, Contender, And Challenger Highlights: Week Of September 8

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UGI Corporation: Solid Liquidity, Encouraging Dividend Plans, Mixed Chart

Dividend Champion, Contender, And Challenger Highlights: Week Of September 29

UGI ( ($UGI) ) just unveiled an announcement. UGI Corporation has bolstered its Board of Directors with the appointment of Melanie Ruiz and David B...

UGI Corporation Enhances Board with Strategic Appointments

Technological advancements and an increasing focus on sustainability drive the utility industry's strong growth. Amid this backdrop, it could be wise to count on utility stocks UGI Corp (UGI), Consolidated Edison (ED), and NRG Energy (NRG) with strong dividends. Continue reading... The utility industry is widely exploring the integration of renewable energy systems into the grid, along with various grid modernization solutions. Amid such conducive trends, investors could consider looking into fundamentally sound utility stocks, UGI Corporation (<a href="https://stocknews.com/stock/UGI/">UGI</a>), Consolidated Edison, Inc. (<a href="https://stocknews.com/stock/ED/">ED</a>), and NRG Energy, Inc. (<a href="https://stocknews.com/stock/NRG/">NRG</a>) with strong dividends.
Increasing energy demand in developing and developed countries, focusing on green energy generation, <a href="https://www.marketresearchfuture.com/reports/energy-utility-analytics-market-8110">integration of new technologies</a>, and increasing demand from the consumer end positively boost the utility market growth. Moreover, the generative AI in the utility market is witnessing growth as utilities recognize its potential to transform their operations.
Additionally, utilities are considered <a href="https://www.dividend.com/how-to-invest/dividend-history-of-the-utilities-sector/">dividend stalwarts</a> with a steady demand due to the nature of the products they offer. Considering these factors, let's take a look at the fundamentals of the three utility stocks, beginning with the third one.
Stock #3: UGI Corporation (<a href="https://stocknews.com/stock/UGI/">UGI</a>)
UGI and its subsidiaries distribute, store, transport, and market energy products and related services internationally. The company operates through four segments: AmeriGas Propane; UGI International; Midstream &amp; Marketing; and UGI Utilities.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a>, UGI's 53.20% is 18.4% higher than the 44.95% industry average. Likewise, its 7.03% trailing-12-month Return on Total Capital is 74.5% higher than the 4.03% industry average. Furthermore, the stock's 0.49x trailing-12-month asset turnover ratio is 123.9% higher than the 0.22x industry average.
UGI has paid dividends for 36 consecutive years.  Its annual dividend is $1.50, which translates to a yield of 6% at the current share price. Its four-year average dividend yield is 4.41%. Moreover, the company's dividend payouts have increased at a CAGR of 3.6% over the past three years.
UGI's total revenues for the fiscal third quarter, which ended June 30, 2024, amounted to $257 million. In addition, its adjusted net income attributable to UGI and adjusted EPS stood at $12 million and $0.06, respectively.
Analysts expect UGI's revenue for the fourth quarter ending September 2024 to increase 17.6% year-over-year to $1.65 billion. It surpassed Street EPS estimates in each of the trailing quarters.
Shares of UGI have gained 9.3% over the past three months to close the last trading session at $25.02.
UGI's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its outlook. UGI has a B grade for Quality. It is ranked #17 among 59 stocks in the <a href="https://stocknews.com/category/utilities-domestic/">Utilities - Domestic</a> industry. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
<a href="https://stocknews.com/stock/UGI/">Click here</a> to access the additional UGI ratings (Momentum, Stability, Sentiment, Growth, and Value).
Stock #2: Consolidated Edison, Inc. (<a href="https://stocknews.com/stock/ED/">ED</a>)
ED engages in the regulated electric, gas, and steam delivery businesses in the United States. The company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers.
In terms of the trailing-12-month gross profit margin, ED's 52.50% is 16.8% higher than the 44.95% industry average. Its 22.20% trailing-12-month EBIT margin is 4.4% higher than the 21.27% industry average.
ED's annual dividend is $3.32, which translates to a yield of 3.2% at the current share price. Its four-year average dividend yield is 3.67%. Moreover, the company's dividend payouts have increased at a CAGR of 2.2% over the past three years.
During the second quarter that ended June 30, 2024, ED's total operating revenues increased 10.5% year-over-year to $3.22 billion. Moreover, its adjusted earnings were reported at $203 million and $0.59 per share.
Street expects ED's EPS for the third quarter ended September 2024, to increase 1.1% year-over-year to $1.64. The company's revenue is expected to increase 5% year-over-year to $4.06 billion for the same quarter. The company surpassed consensus EPS estimates in each of the trailing four quarters.
ED's stock gained 2.5% over the past month to close the last trading session at $104.13.
ED's fundamentals are reflected in its POWR Ratings. The stock has a B grade for Momentum. ED is ranked #9 in the same industry.
Beyond what is stated above, we've also rated ED for Sentiment, Growth, Stability, Value, and Quality. Get all ED ratings <a href="https://stocknews.com/stock/ED/">here</a>.
Stock #1: NRG Energy, Inc. (<a href="https://stocknews.com/stock/NRG/">NRG</a>)
NRG operates as an energy and home services company in the United States and Canada. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.
NRG's annual dividend is $1.63, which translates to a yield of 1.79% at the current share price. Its four-year average dividend yield is 3.28%. Moreover, the company's dividend payouts have increased at a CAGR of 7.9% over the past three years.
NRG's trailing-12-month ROCE of 70.98% is 638.7% higher than the industry average of 9.61%. Its trailing-12-month ROTC of 9.84% is 144.2% higher than the 4.03% industry average.
For the fiscal second quarter that ended June 30, 2024, NRG's revenues increased 4.9% year-over-year to $6.66 billion. The company's non-GAAP net income and non-GAAP net income per common share grew 148% and 169.6% from the prior year's period to $738 million and $3.37, respectively.
Analysts expect NRG's revenue for the third quarter ended September 2024 to increase 15.1% year-over-year to $9.14 billion.
The stock has gained 34.6% over the past six months, closing the last trading session at $91.10.
NRG's POWR Ratings reflect bright prospects. The stock has a B grade for Value, Growth, and Momentum. It is ranked #4 in the same industry.
In addition to the POWR Ratings highlighted above, one can access NRG's ratings for Quality, Stability, and Sentiment <a href="https://stocknews.com/stock/NRG/">here</a>.
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<hr />
ED shares were trading at $105.13 per share on Tuesday afternoon, up $1.00 (+0.96%). Year-to-date, ED has gained 18.62%, versus a 20.69% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/ed-nrg-ugi-3-utility-stocks-with-strong-dividends-you-can-count-on/>3 Utility Stocks With Strong Dividends You Can Count On</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Utility Stocks With Strong Dividends You Can Count On

Companies that are set to benefit from lower interest rates, doesn't necessarily mean those are all the companies that will outperform all others, it's just who really stands to gain here.

3 Industries Set To Explode When Interest Rates Drop

ABBV

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BMBL

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INST

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MAIN

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MSFT

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OLED

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Press Releases

UGI Corporation Announces Proposed Convertible Senior Notes Offering

UGI Corporation Prices Upsized $610.0 Million Convertible Senior Notes Offering

AmeriGas Partners, L.P. and AmeriGas Finance Corp. Commence Cash Tender Offer for up to $450,000,000 of the Outstanding Aggregate Principal Amount of their 5.500% Senior Notes due 2025.

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