Economy

Q4 2017 Earnings Forecast for Scana Corporation Issued By Williams Capital (SCG)

They expect $1.13 EPS, down 14.39% or $0.19 from last year's $1.32 per share. On Tuesday, August 1 the stock rating was upgraded by Barclays Capital to "Overweight".

Scana Corporation (NYSE:SCG) last announced its quarterly earnings data on Thursday, August 3rd. After $0.85 actual EPS reported by SCANA Corporation for the previous quarter, Wall Street now forecasts 32.94% EPS growth. The company had revenue of $1 billion during the quarter, compared to analyst estimates of $931.67 million. SCANA had a return on equity of 10.71% and a net margin of 13.77%. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law.

Among 8 analysts covering SCANA (NYSE:SCG), 1 have Buy rating, 2 Sell and 5 Hold. The stock of SCANA Corporation (NYSE:SCG) has "Neutral" rating given on Tuesday, January 24 by Macquarie Research. Williams Capital Group downgraded the stock to "Hold" rating in Monday, September 18 report.

07/20/2017 - Scana Corporation was upgraded to "neutral" by analysts at Goldman Sachs. Finally, Morgan Stanley upped their target price on Scana Corporation from $58.00 to $59.00 and gave the stock an "underweight" rating in a report on Thursday, August 10th. Zacks Investment Research raised Scana Corporation from a "sell" rating to a "hold" rating in a report on Wednesday, September 13th. The stock of SCANA Corporation (NYSE:SCG) earned "Hold" rating by Gabelli on Friday, July 28. Scana Corporation has a consensus rating of "Hold" and a consensus price target of $70.28.

Shares of Scana Corporation (NYSE:SCG) traded down 0.78% during trading on Tuesday, hitting $55.88.

SCANA Corporation now has a P/E ratio of 13.29 and the market cap of the company is 8.04B. Current price places the company's stock -15.69% away from its 200-day simple moving average, -8.59%, away from the 50-day average and also -4.87% away from 20-day average. The last close places the company's stock about $19.6 off its 52 week high of $75.92 and $1.32 above the 52 week low of $55. Investors of record on Monday, September 11th will be given a $0.6125 dividend. This dividend amount will represent a yield of $4.44. The ex-dividend date is Friday, September 8th. Scana Corporation's dividend payout ratio (DPR) is presently 57.92%. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Rehmann Capital Advisory Group purchased a new position in shares of SCANA during the third quarter valued at approximately $200,000. OppenheimerFunds Inc. now owns 7,837 shares of the utilities provider's stock worth $512,000 after acquiring an additional 1,349 shares during the period.

SCANA Corporation, launched on October 1, 1984, is a holding company. BlackRock Inc. now owns 12,263,023 shares of the utilities provider's stock worth $801,389,000 after purchasing an additional 11,927,826 shares during the last quarter.

COPYRIGHT VIOLATION NOTICE: "Artisan Partners Limited Partnership Has $120.27 Million Stake in Scana Corporation (NYSE:SCG)" was first reported by Week Herald and is the sole property of of Week Herald. The Ls Investment Advisors Llc holds 9,797 shares with $656,000 value, down from 23,358 last quarter. Parallel Advisors LLC boosted its position in shares of Scana Corporation by 0.6% in the 1st quarter. Finally, Focused Wealth Management Inc boosted its position in shares of Scana Corporation by 0.4% in the 1st quarter. Jolley Asset Management LLC now owns 1,995 shares of the utilities provider's stock worth $134,000 after purchasing an additional 400 shares in the last quarter.

Other large investors have also made changes to their positions in the company. (SCANA Energy), ServiceCare, Inc., SCANA Services, Inc., SCANA Corporate Security Services, Inc. and SCANA Communications Holdings, Inc. The Company, through its subsidiaries, is involved in the generation, transmission, distribution and sale of electricity in SC. The Firm operates through divisions, 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 SC.



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