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4 Buy-Rated Dividend Stocks

Enbridge Energy Partners

Dividend Yield: 7.20%

Enbridge Energy Partners (NYSE: EEP) shares currently have a dividend yield of 7.20%.

Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets; and natural gas gathering, treating, processing, transportation, and marketing assets in the United States. The company has a P/E ratio of 23.73. Currently there are 4 analysts that rate Enbridge Energy Partners a buy, 1 analyst rates it a sell, and 8 rate it a hold.

The average volume for Enbridge Energy Partners has been 1,015,100 shares per day over the past 30 days. Enbridge Energy Partners has a market cap of $7.7 billion and is part of the energy industry. Shares are up 7.9% year to date as of the close of trading on Monday.

TheStreet Ratings rates Enbridge Energy Partners as a buy. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

Highlights from the ratings report include:

  • EEP, with its decline in revenue, underperformed when compared the industry average of 1.7%. Since the same quarter one year prior, revenues fell by 14.7%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • The gross profit margin for ENBRIDGE ENERGY PRTNRS -LP is currently lower than what is desirable, coming in at 27.60%. Regardless of EEP's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 3.06% trails the industry average.
  • In its most recent trading session, EEP has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it is one of the factors that makes this stock an attractive investment.
  • ENBRIDGE ENERGY PRTNRS -LP has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last year. We anticipate that this should continue in the coming year. During the past fiscal year, ENBRIDGE ENERGY PRTNRS -LP reported lower earnings of $1.25 versus $1.89 in the prior year. For the next year, the market is expecting a contraction of 24.0% in earnings ($0.95 versus $1.25).

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