(VIANEWS) – REN (RENE.LS) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities sector.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| REN (RENE.LS) | €2.37 | 12.57% | 8.93% |
| ELMERA GROUP (ELMRA.OL) | kr23.52 | 6.79% | 5.02% |
| SCATEC (SCATC.OL) | kr53.25 | 3.08% | 2.17% |
| MAGNORA (MGN.OL) | kr33.90 | 0.52% | 59.67% |
Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. REN (RENE.LS)
12.57% Forward Dividend Yield and 8.93% Return On Equity
REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2022, it operated national electricity transmission system with 9,424 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, REN has a trailing twelve months EPS of €0.24.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 9.85. Meaning, the purchaser of the share is investing €9.85 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.93%.
Volume
Today’s last reported volume for REN is 290630 which is 41.32% below its average volume of 495317.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 864.33M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, REN’s stock is considered to be oversold (<=20).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 12.57%.
More news about REN.
2. ELMERA GROUP (ELMRA.OL)
6.79% Forward Dividend Yield and 5.02% Return On Equity
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers. The Business segment sells electrical power and related services to business consumers. The Nordic segment sells electrical power and related services to consumers in Finland and Sweden. The company also manages, researches, and develops products and services related to electrical power; and offers payment solutions. In addition, it provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr0.11.
PE Ratio
ELMERA GROUP has a trailing twelve months price to earnings ratio of 213.82. Meaning, the purchaser of the share is investing kr213.82 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.02%.
Sales Growth
ELMERA GROUP’s sales growth is negative 61.3% for the current quarter and negative 24.7% for the next.
Yearly Top and Bottom Value
ELMERA GROUP’s stock is valued at kr23.52 at 22:30 EST, below its 52-week high of kr24.44 and way above its 52-week low of kr13.50.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 70.9% and positive 500% for the next.
More news about ELMERA GROUP.
3. SCATEC (SCATC.OL)
3.08% Forward Dividend Yield and 2.17% Return On Equity
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr0.21.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 253.57. Meaning, the purchaser of the share is investing kr253.57 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.17%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 3.08%.
Moving Average
SCATEC’s worth is way under its 50-day moving average of kr73.51 and way under its 200-day moving average of kr74.24.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SCATEC’s EBITDA is 27.59.
Yearly Top and Bottom Value
SCATEC’s stock is valued at kr53.25 at 22:30 EST, way below its 52-week low of kr59.25.
More news about SCATEC.
4. MAGNORA (MGN.OL)
0.52% Forward Dividend Yield and 59.67% Return On Equity
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr4.01.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 8.45. Meaning, the purchaser of the share is investing kr8.45 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 59.67%.
Moving Average
MAGNORA’s value is higher than its 50-day moving average of kr33.07 and way higher than its 200-day moving average of kr26.65.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is 8.39.
Sales Growth
MAGNORA’s sales growth for the next quarter is negative 69.5%.
More news about MAGNORA.
