This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

3 Ex-Dividend Stocks With Buy Ratings

NEW YORK ( TheStreet) -- The following stocks go ex-dividend Friday, meaning an investor must purchase the shares Thursday to qualify for the next dividend payment: Wisconsin Energy (WEC - Get Report), Mine Safety Appliances (MSA - Get Report) and CA (CA - Get Report).

The three stocks received a buy rating from TheStreet Ratings.

See the complete Dividend Calendar.

Wisconsin Energy

The electric utility last week reported fourth-quarter earnings of $114.1 million, or 49 cents a share, down from year-earlier earnings of $125.6 million, or 53 cents.

"WEC shares offer a 3.4% current return on the $1.20 annual dividend, 11% annual near-term dividend growth and 4-6% annual EPS growth," Gabelli analysts wrote in a report on Wednesday. "Shares trade at 15.6X, and 14.9X our 2012 and 2013 earnings estimates, which compares to peer group multiples of 14.5X and 13.5X. Given earnings growth, strong credit profile, top-tier management and low-risk, WEC deserves a multiple premium. Our 2012 and 2013 PMV estimates are $35 and $37 per share using a 9.5X enterprise value-to-EBITDA earnings before interest, taxes, depreciation and amortization ratio."

Wisconsin Energy has an estimated price-to-earnings ratio for next year of 14.63; the average among multi-utilities is 14.66. For comparison, Duke Energy (DUK) has a forward P/E of 15.03 and Sempra Energy's (SRE) is 13.01.

Of the 19 analysts who cover Wisconsin Energy, 14 rated the company a hold; five gave it a buy rating.

Forward Annual Dividend Yield: 3.5%

Rated "A+ (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the prior year.

Wisconsin Energy has very weak liquidity. Its Quick Ratio is 0.30, which demonstrates a lack of ability to meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 4.2% from the previous year.

TheStreet Ratings' price target is $39.74.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CA $32.29 1.45%
MSA $49.47 0.63%
WEC $49.45 1.19%
AAPL $123.25 -0.80%
FB $83.30 0.35%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs