Press coverage about Scana Corporation (NYSE:SCG) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Scana Corporation earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 47.3909199824908 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Legislators told law may block SCANA from charging VC Summer costs to customers - Charlotte Business Journal (bizjournals.com)
- SCANA Corp (SCG) Needle Moving on Volume - Stock Press Daily (stockpressdaily.com)
- SCANA Corporation (SCG) Ownership Up in Latest Report from Vanguard Group Inc - First News 24 (firstnewspaper24.com)
- Santee Cooper CEO steps down in the wake of decision to halt V.C. Summer expansion (finance.yahoo.com)
- SCANA Corporation (SCG) stock Dividend Yield stands at 4.08% - Voice Of Analysts (analystsbuzz.com)
SCG has been the subject of several research reports. BidaskClub upgraded shares of Scana Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Gabelli lowered shares of Scana Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Goldman Sachs Group, Inc. (The) upgraded shares of Scana Corporation from a “sell” rating to a “neutral” rating and reduced their price objective for the company from $66.00 to $64.00 in a research report on Thursday, July 20th. Barclays PLC upgraded shares of Scana Corporation from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $65.00 to $73.00 in a research report on Tuesday, August 1st. Finally, Guggenheim lowered shares of Scana Corporation from a “buy” rating to a “sell” rating in a research report on Friday, July 28th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Scana Corporation presently has a consensus rating of “Hold” and an average price target of $70.44.
Shares of Scana Corporation (NYSE SCG) opened at 60.08 on Friday. The stock has a market capitalization of $8.59 billion, a price-to-earnings ratio of 14.18 and a beta of 0.25. The stock has a 50 day moving average of $63.24 and a 200-day moving average of $66.36. Scana Corporation has a 52-week low of $59.34 and a 52-week high of $75.92.
Scana Corporation (NYSE:SCG) last announced its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $0.85 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.11. Scana Corporation had a return on equity of 10.50% and a net margin of 13.99%. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $931.67 million. During the same quarter last year, the firm posted $0.74 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, equities research analysts predict that Scana Corporation will post $4.19 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Shareholders of record on Monday, September 11th will be paid a $0.6125 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a $2.45 dividend on an annualized basis and a yield of 4.08%. Scana Corporation’s dividend payout ratio (DPR) is presently 57.68%.
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Scana Corporation 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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