Utilities Decliners: Enersis (NYSE:ENI), CMS Energy Corporation (NYSE:CMS), TransCanada Corporation (NYSE:TRP), Edison International (NYSE:EIX), U.S. Geothermal (NYSEMKT:HTM)

Enersis S A (NYSE:ENI) was downgraded by Zacks to a “neutral” rating in a report released on Monday, AmericanBankingNews.com reports. They currently have a $16.40 target price on the stock. Zacks‘s target price would indicate a potential upside of 1.86% from the company’s current price. Enersis S.A. (ADR) (NYSE:ENI) stock opened today at $16.50 and is currently trading at $16.00. The stock showed a positive weekly performance of 0.74%.

At the 2014 annual meeting of shareholders held on May 16, 2014 the shareholders of CMS Energy Corporation (NYSE:CMS) approved the CMS Energy Performance Incentive Stock Plan (“Plan”). CMS Energy Corporation (NYSE:CMS) stock opened at $29.44, in current trading session and currently is at $29.15, by losing -0.51%. The 52 week range of $25.74 – $30.53. Company’s market capitalization is 7.86 billion.

TransCanada Corp. (USA) (NYSE:TRP) is considering rail as an alternative to its proposed Keystone XL pipeline, Chief Executive Officer Russ Girling said for the first time on May 21. His response to a reporter’s question during a conference in New York indicated the Calgary transmission company was looking at the more expensive alternative to its 1,179-mile project from Hardesty, Alta., to Steele City, Neb. TransCanada Corporation (USA) (NYSE:TRP) stock is currently trading at $46.72. The EPS of the stock is 2.23. Company’s market capitalization is 33.06 billion.

Edison International (NYSE:EIX) speak at the Sanford C. Bernstein’s 30th Annual Strategic Decisions Conference on Wednesday, May 28, 2014 2:00 p.m. – 2:50 p.m. (Eastern Daylight Time). Edison International (NYSE:EIX) stock opened the session at $54.50, and now is at $54.29. The 52 week range of the Edison International (NYSE:EIX) stock remained $44.26 – $57.70 and the day range was $54.22 – $54.67.

U.S. Geothermal Inc. (NYSEMKT:HTM) announced on 15 may, Revenue for the First Quarter of 2014 was $8.50 million, compared to $7.09 million for the prior year period. EBITDA for the First Quarter period was $5.09 million, compared to $4.38 million for the prior year period. Net Income (Loss) for the First Quarter period was $2.55 million, compared to $2.24 million in the prior year period. Net Income (Loss) attributable to U.S. Geothermal for the First Quarter period was $1.34 million, or $0.01 per share, compared to $1.39 million, or $0.01 per share in the prior year period. U.S. Geothermal Inc. (NYSEMKT:HTM) stock opened today at $0.60 and is currently trading at $0.555. The stock showed a negative weekly performance of -10.61%.

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