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Nextera Energy has the Highest Return on Equity in the Electric Utilities Industry (NEE, OGE, MGEE, EXC, OTTR)

By Shiri Gupta

Below are the three companies in the Electric Utilities industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Nextera Energy ranks highest with a ROE of 2,825.6%. Oge Energy Corp is next with a ROE of 1,751.2%. Mge Energy Inc ranks third highest with a ROE of 1,293.7%.

Exelon Corp follows with a ROE of 1,183.9%, and Otter Tail Corp rounds out the top five with a ROE of 1,140.0%.

SmarTrend recommended that subscribers consider buying shares of Nextera Energy on January 23rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $177.83. Since that recommendation, shares of Nextera Energy have risen 15.0%. We continue to monitor Nextera Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity nextera energy oge energy corp mge energy inc exelon corp otter tail corp

Ticker(s): NEE OGE MGEE EXC OTTR