At this moment my favorite utility stock is Evergy Corp. - EVRG - $58. It is an electric utility with operations in Kansas and Missouri. At a current stock price of $58 it has a 4.2% yield and a P/E ratio of 16.5x trailing earnings. EVRG’s main advantage is a simple structure with no non-regulated assets and regulatory authorities that have already put quite a bit of wind generation into the rate base. EVRG seems to well managed and has a solid balance sheet.
The King of the Hill
The King of the Hill
The King of the Hill
At this moment my favorite utility stock is Evergy Corp. - EVRG - $58. It is an electric utility with operations in Kansas and Missouri. At a current stock price of $58 it has a 4.2% yield and a P/E ratio of 16.5x trailing earnings. EVRG’s main advantage is a simple structure with no non-regulated assets and regulatory authorities that have already put quite a bit of wind generation into the rate base. EVRG seems to well managed and has a solid balance sheet.