I recently discovered this company, as I am looking to increase my exposure to utilities. It has a +5% yield and has been growing dividends for the last 13 years at about 5% as well, meaning it surpasses the chowder rule which is set at 8% for utilities. The payout ratio is really low at 30%.
The stock is close to its 52 weeks low, and has a PE of almost 9, indicating that it might be undervalued. The 5% yield is also higher than it has been in the last few years, also indicating a possible undervaluation. Other indicators such as price/sales might also indicate undervaluation.
Looking at yahoo finance I see that in the last months some analysts have started following the stock, which now has 5 strong buy recommendations, 6 buys, 3...