$1.21 EPS Expected for SCANA Corporation (SCG)

April 16, 2018 - By Clifton Ray

SCANA Corporation (NYSE:SCG) LogoInvestors sentiment decreased to 0.87 in 2017 Q4. Its down 0.23, from 1.1 in 2017Q3. It fall, as 68 investors sold SCANA Corporation shares while 141 reduced holdings. 61 funds opened positions while 120 raised stakes. 89.88 million shares or 3.41% less from 93.06 million shares in 2017Q3 were reported.
Panagora Asset Management Inc has 62,962 shares for 0.01% of their portfolio. 1,295 were reported by Jolley Asset Ltd Liability Co. Manufacturers Life The invested in 0.01% or 137,962 shares. Warren Averett Asset Management stated it has 0.06% of its portfolio in SCANA Corporation (NYSE:SCG). Daiwa Securities owns 3,905 shares. Ls Advsrs Ltd Liability reported 9,018 shares. Utah Retirement Systems holds 0.02% or 24,451 shares. Gabelli Funds Lc accumulated 519,112 shares. Norinchukin Commercial Bank The stated it has 0.01% in SCANA Corporation (NYSE:SCG). Glg Prtn Lp owns 11,292 shares for 0.02% of their portfolio. St Johns Invest Co Ltd Co holds 0.02% of its portfolio in SCANA Corporation (NYSE:SCG) for 800 shares. Asset Mngmt stated it has 0.02% in SCANA Corporation (NYSE:SCG). Sumitomo Mitsui Hldgs Incorporated reported 0.02% in SCANA Corporation (NYSE:SCG). Legg Mason Asset Mngmt (Japan) Company has 0.7% invested in SCANA Corporation (NYSE:SCG) for 29,300 shares. Kentucky Retirement System, Kentucky-based fund reported 8,795 shares.

Analysts expect SCANA Corporation (NYSE:SCG) to report $1.21 EPS on April, 26.They anticipate $0.02 EPS change or 1.68 % from last quarter’s $1.19 EPS. SCG’s profit would be $172.60 million giving it 7.64 P/E if the $1.21 EPS is correct. After having $1.01 EPS previously, SCANA Corporation’s analysts see 19.80 % EPS growth. The stock increased 2.95% or $1.06 during the last trading session, reaching $36.96. About 256,237 shares traded. SCANA Corporation (NYSE:SCG) has declined 43.98% since April 16, 2017 and is downtrending. It has underperformed by 55.53% the S&P500.

SCANA Corporation (NYSE:SCG) Ratings Coverage

Among 8 analysts covering Scana Corp (NYSE:SCG), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Scana Corp had 12 analyst reports since October 24, 2017 according to SRatingsIntel. Mizuho maintained SCANA Corporation (NYSE:SCG) on Thursday, January 11 with “Hold” rating. CFRA maintained the shares of SCG in report on Wednesday, January 3 with “Buy” rating. The rating was initiated by Bank of America with “Hold” on Tuesday, October 24. The stock of SCANA Corporation (NYSE:SCG) earned “Buy” rating by Edward Jones on Monday, November 13. Guggenheim maintained SCANA Corporation (NYSE:SCG) rating on Tuesday, January 2. Guggenheim has “Hold” rating and $39.0 target. The stock of SCANA Corporation (NYSE:SCG) earned “Market Perform” rating by Wells Fargo on Friday, January 5. The stock of SCANA Corporation (NYSE:SCG) has “Hold” rating given on Thursday, January 4 by Mizuho. Morgan Stanley maintained SCANA Corporation (NYSE:SCG) rating on Monday, November 13. Morgan Stanley has “Underweight” rating and $46 target. The firm has “Hold” rating by Mizuho given on Monday, April 2. The rating was upgraded by Guggenheim to “Neutral” on Thursday, November 16.

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale clients in South Carolina. The company has market cap of $5.27 billion. It owns nuclear, coal, hydro, natural gas, biomass, and solar generating facilities. It currently has negative earnings. The firm also purchases, sells, and transports natural gas; and offers energy-related services.

SCANA Corporation (NYSE:SCG) Institutional Positions Chart

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