Pepco Holdings, Inc.
Ticker: POM
Current Price: $27.00
Upside: 0%
2015 Expected P/E Ratio: 20.5x
Comment: Pepco Holdings shareholders voted to approve a merger with Excelon Corporation in September, expected to form the largest electric and gas company in the Mid-Atlantic region.
Source: Fundstrat
Portland General Electric
Ticker: POR
Current Price: $35.62
Upside: -0%
2015 Expected P/E Ratio: 15.7x
Comment: Portland General's Q3 profit is expected to rise 20% to 48 cents per share. It will report earnings before market open on October 28.
Source: Fundstrat
Pinnacle West Capital Corporation
Ticker: PNW
Current Price: $59.10
Upside: -1%
2015 Expected P/E Ratio: 15.3x
Comment: The company is based in Arizona and its subsidiary, APS, is a leading producer of solar technology.
Source: Fundstrat
Unitil Corporation
Ticker: UTL
Current Price: $34.11
Upside: -2%
2015 Expected P/E Ratio: 18.2x
Comment: Unitil posted net income of $1.6 million or 11 cents per share in 3Q 2014, an increase of $1 million from the period same period last year.
Source: Fundstrat
Xcel Energy Inc.
Ticker: XEL
Current Price: $32.70
Upside: -2%
2015 Expected P/E Ratio: 15.6x
Comment: Xcel Energy will close its two remaining coal-fire units in Minnesota by April 2015 for regulatory reasons.
Source: Fundstrat
Duke Energy Corporation
Ticker: DUK
Current Price: $80.07
Upside: -3%
2015 Expected P/E Ratio: 16.8x
Comment: Duke Energy raised its 2014 adjusted earnings guidance range from $4.45 to $4.60 per share to $4.50 to $4.65 per share.
Source: Fundstrat
Southern Company
Ticker: SO
Current Price: $47.21
Upside: -6%
2015 Expected P/E Ratio: 16.5x
Comment: Southern Company owns four electric utilities —Alabama Power, Georgia Power, Gulf Power, and Mississippi Power — serving 4.4 million people.
Source: Fundstrat
Hawaiian Electric Industries
Ticker: HE
Current Price: $27.25
Upside: -6%
2015 Expected P/E Ratio: 16.0x
Comment: Hawaiian Electric reported net income for the second quarter of 2014 of $41.4 million, or $0.41 diluted earnings per share (EPS), versus $40.6 million, or $0.41 diluted EPS for the second quarter of 2013.
Source: Fundstrat
Empire District Electric Company
Ticker: EDE
Current Price: $26.70
Upside: -8%
2015 Expected P/E Ratio: 17.2x
Comment: Empire District Electric's share price hit a 52-week high on October 22, peaking at $26.61 after opening at $26.11.
Source: Fundstrat