News articles about SCANA (NYSE:SCG) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SCANA earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 45.2559130686387 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
Shares of SCANA (NYSE SCG) traded down $0.46 during trading hours on Friday, hitting $44.05. 1,622,130 shares of the stock traded hands, compared to its average volume of 3,560,000. The stock has a market capitalization of $6,300.00, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 4.13 and a beta of 0.20. SCANA has a 1-year low of $37.10 and a 1-year high of $72.89. The company has a current ratio of 0.88, a quick ratio of 0.77 and a debt-to-equity ratio of 1.12.
SCANA (NYSE:SCG) last released its quarterly earnings data on Thursday, October 26th. The utilities provider reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.01). The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.17 billion. SCANA had a return on equity of 10.05% and a net margin of 10.45%. The firm’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.32 EPS. sell-side analysts forecast that SCANA will post 4.18 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 1st. Shareholders of record on Tuesday, December 12th were given a dividend of $0.6125 per share. This represents a $2.45 dividend on an annualized basis and a yield of 5.56%. The ex-dividend date of this dividend was Monday, December 11th. SCANA’s payout ratio is currently 77.53%.
Several equities research analysts recently commented on SCG shares. Edward Jones upgraded shares of SCANA from a “hold” rating to a “buy” rating in a research note on Monday, November 13th. Wells Fargo & Co lowered shares of SCANA from an “outperform” rating to a “market perform” rating and set a $51.00 price objective on the stock. in a research note on Friday, January 5th. ValuEngine upgraded shares of SCANA from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Morgan Stanley restated an “underweight” rating and issued a $45.00 price objective on shares of SCANA in a research note on Wednesday, October 4th. Finally, Bank of America started coverage on shares of SCANA in a research note on Tuesday, October 24th. They issued a “neutral” rating and a $49.00 price objective on the stock. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $58.94.
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SCANA Company Profile
SCANA Corporation is a holding company. The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina. The Company operates through segments, including Electric Operations, Gas Distribution, Gas Marketing and All Other. The Company is engaged in the purchase, transmission and sale of natural gas in North Carolina and South Carolina.
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