• Return to Headlines

Relatively High Return on Equity Detected in Shares of Centerpoint Ener in the Multi-Utilities Industry (CNP, D, PEG, BKH, WEC)

By Shiri Gupta

Below are the three companies in the Multi-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.

Centerpoint Ener ranks highest with a ROE of 4,205.4%. Following is Dominion Energy with a ROE of 1,760.4%. Pub Serv Enterp ranks third highest with a ROE of 1,488.8%.

Black Hills Corp follows with a ROE of 1,337.0%, and Wec Energy Group rounds out the top five with a ROE of 1,316.6%.

SmarTrend recommended that subscribers consider buying shares of Wec Energy Group on June 19th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $61.45. Since that recommendation, shares of Wec Energy Group have risen 6.3%. We continue to monitor Wec Energy Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity centerpoint ener dominion energy pub serv enterp black hills corp wec energy group

Ticker(s): CNP D PEG BKH WEC