Utility dividend stocks with highest beta ratios published at long-term-investments.blogspot.com. Utilities are necessary within the economy but they have huge problems to increase prices for utility products. Utility stocks normally have a lower volatility because of its stable revenue streams and income focused stakeholder structure. They are less risky than a high growth momentum stock with a highly priced business model that works only in the best dreams.
In today's screen about the utilities with the highest beta ratios are only 9 stocks with a higher correlation to the broad market. This shows the real investment profile of utilities. Low growth, low risk and high debt as you might know it from real estate trusts.
Below the results are seven with a buy or better rating. Only two big companies with a market capitalization over $10 billion are part of the results. Three are mid-capitalized.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 20.49 and forward P/E ratio is 15.92. The dividend yield has a value of 2.56 percent. Price to book ratio is 2.66 and price to sales ratio 1.53. The operating margin amounts to 14.48 percent and the beta ratio is 1.43. Stocks from the list have an average debt to equity ratio of 1.90.
Related Stock Ticker Symbols:
OTTR, TGS, ATLS, OKE, SBS, CWCO, MDU, AES, ORA