MAGNORA, ENGIE, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(VIANEWS) – MAGNORA (MGN.OL) 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
MAGNORA (MGN.OL) kr23.25 34.89% 3.91%
ENGIE (ENGI.PA) €15.51 8.98% 15.18%
ELMERA GROUP (ELMRA.OL) kr32.20 6.79% 5.02%
SCATEC (SCATC.OL) kr80.40 2.78% 7.41%

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. MAGNORA (MGN.OL)

34.89% Forward Dividend Yield and 3.91% Return On Equity

Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. 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 kr0.48.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 48.44. Meaning, the purchaser of the share is investing kr48.44 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 3.91%.

Sales Growth

MAGNORA’s sales growth is 4902.6% for the present quarter and 145.6% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1264% and 204.2%, respectively.

Volatility

MAGNORA’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.87%, a negative 1.27%, and a positive 2.25%.

MAGNORA’s highest amplitude of average volatility was 1.97% (last week), 2.76% (last month), and 2.25% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, MAGNORA’s stock is considered to be overbought (>=80).

More news about MAGNORA.

2. ENGIE (ENGI.PA)

8.98% Forward Dividend Yield and 15.18% Return On Equity

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal. The Networks segment comprises the electricity and gas infrastructure activities and projects, including the management and development of gas and electricity transportation networks and natural gas distribution networks in and outside of Europe, natural gas underground storage in Europe, and regasification infrastructure in France and Chile. The Energy Solutions encompasses the construction and management of decentralized energy networks to produce energy and related services. The FlexGen segment operates flexible thermal generation and electricity, pumping, and battery storage facilities; solutions for decarbonizing industry with low-carbon hydrogen; and financing, construction, and operation of desalination plants. The Retail segment engages in the sale of gas and electricity to professional, individual, and residential clients. The Nuclear segment engages in the nuclear power generation activities. The others segment sells energy to companies and offers energy management services and solutions. The company was formerly known as GDF SUEZ S.A. and changed its name to ENGIE SA in April 2015. The company was founded in 1880 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, ENGIE has a trailing twelve months EPS of €0.87.

PE Ratio

ENGIE has a trailing twelve months price to earnings ratio of 17.83. Meaning, the purchaser of the share is investing €17.83 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 15.18%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.2%, now sitting on 73.06B for the twelve trailing months.

Yearly Top and Bottom Value

ENGIE’s stock is valued at €15.51 at 02:30 EST, under its 52-week high of €16.64 and way higher than its 52-week low of €13.07.

More news about ENGIE.

3. 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. The company operates through Consumer, Business, and Nordic segments. It sells electrical power and related services to private consumers, business consumers, as well as consumers in Finland and Sweden. The company also manufactures and sells EV chargers and PV panels; and provides payment solutions services. In addition, it manages, researches, and develops products and services related to electrical power; and 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 kr2.07.

PE Ratio

ELMERA GROUP has a trailing twelve months price to earnings ratio of 15.56. Meaning, the purchaser of the share is investing kr15.56 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.9%, now sitting on 26.86B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 27, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 6.79%.

Moving Average

ELMERA GROUP’s worth is way above its 50-day moving average of kr21.32 and way above its 200-day moving average of kr18.87.

Yearly Top and Bottom Value

ELMERA GROUP’s stock is valued at kr32.20 at 02:30 EST, way above its 52-week high of kr24.44.

More news about ELMERA GROUP.

4. SCATEC (SCATC.OL)

2.78% Forward Dividend Yield and 7.41% 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 produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 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 kr2.01.

PE Ratio

SCATEC has a trailing twelve months price to earnings ratio of 40. Meaning, the purchaser of the share is investing kr40 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 7.41%.

Moving Average

SCATEC’s worth is below its 50-day moving average of kr85.02 and higher than its 200-day moving average of kr77.22.

Volume

Today’s last reported volume for SCATEC is 166098 which is 41.33% below its average volume of 283134.

More news about SCATEC.

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