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Electric Utilities Stocks Technical Report -- Great Plains Energy, Alliant Energy, CMS Energy, and Consolidated Edison

ED, CMS, LNT

PR Newswire

NEW YORK, August 24, 2016 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com has released research reports on the following Electric Utilities: Great Plains Energy Inc. (NYSE: GXP), Alliant Energy Corp. (NYSE: LNT), CMS Energy Corp. (NYSE: CMS), and Consolidated Edison Inc. (NYSE: ED). These companies belong in the Utilities sector which has outperformed the market year-to-date. On August 18, 2016, research firm Charles Schwab rated the sector "Underperform" due to a stronger economy and valuation issues. Today's research reports on the aforementioned stocks are downloadable for free upon registration at: http://stock-callers.com/registration

Great Plains Energy  

Kansas City, Missouri headquartered Great Plains Energy Inc.'s stock finished Tuesday's session at $28.10, which was a slight decline of 0.78%. A total volume of 677,835 shares was traded. The Company's shares have gained 4.72% since the start of this year. The stock is trading below its 200-day moving averages by 3.01%. Moreover, shares of Great Plains Energy, which through its subsidiaries, generates, transmits, distributes, and sells electricity in Missouri and Kansas, have a Relative Strength Index (RSI) of 37.83.

On August 4th, 2016, Great Plains announced Q2 2016 earnings of $31.6 million, or $0.20 per share of average common stock outstanding, compared to Q2 2015 earnings of $44.0 million, or $0.28 per share. Great Plains Energy's adjusted earnings, which exclude certain costs, expenses, and losses resulting from the anticipated acquisition of Westar, were $85.6 million, or $0.55 per share, Q2 2016 compared to Q2 2015 earnings of $44.0 million, or $0.28 per share. Additionally, the company stated that it continues to make progress on the Westar acquisition. The Company recently made several required regulatory filings and is on track to close the transaction in the spring of 2017. Visit us today and access our complete research report on GXP at: http://stock-callers.com/registration/?symbol=GXP

Alliant Energy  

Shares in Madison, Wisconsin headquartered Alliant Energy Corp. ended yesterday's session 1.28% lower at $38.58 with a total volume of 1.36 million shares traded. The stock has gained 6.80% in the previous three months and 26.72% on an YTD basis. Shares of the Company, which operates as a utility holding company that provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale customers in the Midwest region of the US, are trading 11.11% above their 200-day moving average. Moreover, Alliant Energy's stock has an RSI of 43.06.

On August 1st, 2016, Alliant Energy announced Q2 2016 consolidated GAAP earnings from continuing operations of $0.37 per share compared to Q2 2015 earnings of $0.31 per share. The complimentary report on LNT can be downloaded at: http://stock-callers.com/registration/?symbol=LNT

CMS Energy  

On Tuesday, Jackson, Michigan headquartered CMS Energy Corp.'s stock saw a slight decline of 0.83%, to close the day at $42.82. A total volume of 1.26 million shares was traded. The Company's shares have advanced 4.63% in the previous three months and 21.37% on an YTD basis. The stock is trading 7.63% above its 200-day moving average. Additionally, shares of CMS Energy, which operates as an energy company primarily in Michigan, have an RSI of 40.47.

On August 15th, 2016, Consumers Energy, the principal subsidiary of CMS Energy, announced that it has started operations at its second solar power plant, transforming 8.5 acres at Western Michigan University into a new source of renewable energy for Michigan. The 1-megawatt solar power plant on Western Michigan University property is the energy provider's second large-scale solar project in Michigan, joining a 3-megawatt solar power plant that opened at Grand Valley State University in April. Register for free on Stock-Callers.com and access the latest research report on CMS at: http://stock-callers.com/registration/?symbol=CMS

Consolidated Edison  

Shares in New York-based Consolidated Edison Inc. ended the day 0.38% lower at $76.46. A total volume of 815,235 shares was traded. The stock has gained 6.90% in the previous three months and 22.21% since the start of this year. The Company's shares are trading above their 200-day moving average by 7.71%. Furthermore, shares of Consolidated Edison, which through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the US, have an RSI of 43.77.

On August 4th, 2016, Consolidated Edison reported Q2 net income of $232 million, or $0.78 a share, compared to $219 million, or $0.75 a share, in 2015. Adjusted earnings, which exclude the impairment of a solar electric production investment and the net mark-to-market effects of the competitive energy businesses, were $179 million, or $0.60 a share, in 2016 compared to $228 million, or $0.78 a share, in 2015. For the year 2016, the company reaffirmed its previous forecast of adjusted earnings per share of $3.85 to $4.05 per share.

On August 12th, 2016, research firm Citigroup initiated a 'Neutral' rating on the Company's stock. Get free access to your research report on ED at: http://stock-callers.com/registration/?symbol=ED

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