The Bottom Line:
- NE next era energy: Down 15% over the last 12 months, dividend safety score of 90, EPS growth expected to nearly triple by 2024.
- S&P Global Incorporated: Up 26.5% over the last year, recent dividend King with 50 years of consecutive dividend increases, strong free cash flow payout history below 60%.
NE Next Era Energy: A Closer Look at the Downward Trend
NE Next Era Energy: A Closer Look at the Downward Trend
NE Next Era Energy is a dividend Aristocrat that has experienced a 15% decline over the last 12 months. It offers a yield of 3.23% and a forward P/E ratio just under 19. The company has shown significant growth over the past decade, with an increase of 168% for shareholders. NE Next Era Energy has a market capitalization of $131 billion and belongs to the mega-cap category.
Dividend Safety and Growth Metrics
During the 2007-2009 recession, NE Next Era Energy increased its dividends while outperforming the S&P in terms of sales growth. The company has a track record of double-digit dividend growth over the past years and has been consistently increasing dividends for the past 28 years. The utility company’s dividend yield theory suggests undervaluation based on factors like forward P/E being lower than the 5-year average.
Financial Health and Forecasts
NE Next Era Energy maintains a healthy payout ratio below 75% each year, with expectations for 2023 and 2024 falling comfortably within this range. The company shows promising earnings per share growth and steady revenue increase, although it has diluted shares over the past decade due to reliance on issuing equity. While the return on invested capital (ROIC) had a temporary decline, it is showing signs of recovery, and the operating margin has been consistently above industry averages. The company’s net debt to EBITDA ratio remains below the industry threshold, indicating a strong balance sheet and ability to manage debt effectively. Analysts forecast a strong buy rating for NE Next Era Energy, with a projected upside of 14% and a price target of $724.
Examining the Dividend Safety of NE Next Era Energy
Financial Performance and Dividend Safety
NE Next Era Energy has showcased a robust performance, even amidst a 15% decline over the past year. With a dividend yield of 3.23% and a forward P/E ratio below 19, the company has rewarded its shareholders with a significant 168% increase in the last decade. As a mega-cap player with a market capitalization of $131 billion, NE Next Era Energy has demonstrated stability and resilience.
Dividend Growth and Sustainability Metrics
Throughout the 2007-2009 recession, NE Next Era Energy not only managed to increase its dividends but also surpassed the S&P in terms of sales growth. The company has consistently achieved double-digit growth in dividends over the past five and twenty years and has elevated itself to the status of a dividend Aristocrat by consecutively increasing dividends for 28 years. The theory of dividend yield indicates that the company is undervalued, especially as its forward P/E stands lower than the 5-year average.
Financial Health and Analyst Forecasts
NE Next Era Energy maintains a healthy payout ratio, consistently staying below 75% annually. The company is expected to continue its positive earnings per share trajectory, potentially tripling from $1.33 to $3.17 by 2024. Despite some share dilution over the last ten years due to issuing equity, NE Next Era Energy’s return on invested capital (ROIC) and operating margin have shown resilience, with the net debt to EBITDA ratio comfortably below industry standards. Analysts foresee a strong buy sentiment for NE Next Era Energy, with a predicted upside of 14% and a target price of $724.
EPS Growth Projections for NE Next Era Energy
Financial Health and Analyst Forecasts
NE Next Era Energy maintains a healthy payout ratio, consistently staying below 75% annually. The company is expected to continue its positive earnings per share trajectory, potentially tripling from $1.33 to $3.17 by 2024. Despite some share dilution over the last ten years due to issuing equity, NE Next Era Energy’s return on invested capital (ROIC) and operating margin have shown resilience, with the net debt to EBITDA ratio comfortably below industry standards. Analysts foresee a strong buy sentiment for NE Next Era Energy, with a predicted upside of 14% and a target price of $724.
S&P Global Incorporated: The Rising Star in Dividend Stocks
S&P Global Incorporated: Strength in Dividend Safety and Growth
S&P Global Incorporated has been on a positive trajectory, with a 26.5% increase over the past year. Despite this growth, it remains within the mid to upper range of its 52-week performance. The company offers a yield of just under 1% with a forward P/E ratio around 30. Over the last decade, shareholders have seen a remarkable 462% rise in their investments, reaching all-time highs close to $470 recently.
Dividend Track Record and Financial Health
S&P Global Incorporated boasts a stellar dividend safety score, standing at 99 – the highest achievable rating. With a market capitalization of $132 billion, it holds a mega-cap status. Demonstrating resilience, the company increased dividends during the last recession despite facing negative growth. S&P Global Inc. has been consistent in its dividend growth, showcasing double-digit increases over the last five and twenty years. Notably, the company achieved the prestigious status of being a dividend King by consecutively increasing dividends for the past 50 years.
Financial Metrics and Analyst Projections
Analysis suggests that S&P Global Inc. is aligning with its historical averages in terms of dividend yield and forward P/E. While it surpasses the sector P/E at 12.2, it remains slightly higher than the financials. The company’s free cash flow payout demonstrates stability, hovering below the 60% rule over the last ten years. Moving forward, a 27% payout ratio is anticipated for 2024. Strong growth is expected in earnings per share, reaching $13.40 by 2024. S&P Global Inc. has displayed robust revenue growth, more than doubling its top-line figure from $5 billion to $12.5 billion. Through meticulous management, the company has kept its net debt to EBITDA ratio below industry standards, indicating a solid balance sheet and debt management capability. Analysts foresee a promising 14% upside potential for S&P Global Inc., with a target price of $724, marking it as a strong buy option for investors.
Analyzing S&P Global’s Free Cash Flow Payout History
S&P Global Incorporated: Evaluating Dividend Safety and Growth
S&P Global Incorporated has shown a notable 26.5% increase over the past year while remaining within the mid to upper range of its 52-week performance. With a yield just under 1% and a forward P/E ratio around 30, shareholders have enjoyed a significant 462% increase in investments over the last decade, with all-time highs nearing $470 observed recently.
Dividend Durability and Financial Stability
This company maintains an impressive dividend safety score of 99, indicative of its high-level financial health. As a mega-cap entity worth $132 billion, S&P Global Inc. thrived during the last recession by increasing dividends despite facing negative growth. It has consistently exhibited double-digit growth in dividends over the last five and twenty years. Achieving the esteemed status of a dividend King, S&P Global Inc. has continuously increased dividends for the past 50 years.
Financial Metrics and Analyst Projections
Analysis indicates that S&P Global Inc. aligns closely with historical averages in terms of dividend yield and forward P/E. While surpassing the sector P/E at 12.2, it remains slightly higher than the financials. The company’s free cash flow payout demonstrates consistency, staying below the 60% rule over the past decade. Forecasts suggest a 27% payout ratio for 2024, with robust earnings per share growth projected to reach $13.40 by the same year. S&P Global Inc. boasts strong revenue growth, more than doubling its top-line figure from $5 billion to $12.5 billion. With prudent management practices, the company has maintained a net debt to EBITDA ratio below industry standards, indicating sound balance sheet strength and adept debt management. Analysts foresee an appealing 14% upside potential for S&P Global Inc., endorsing it as a strong buy opportunity for investors.
