EVRG vs. PEG, EXC, ED, XEL, WEC, AEE, CMS, LNT, NI, and ALE
Should you be buying Evergy stock or one of its competitors? The main competitors of Evergy include Public Service Enterprise Group (PEG), Exelon (EXC), Consolidated Edison (ED), Xcel Energy (XEL), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), and ALLETE (ALE). These companies are all part of the "electric & other services combined" industry.
Public Service Enterprise Group (NYSE:PEG) and Evergy (NYSE:EVRG) are both large-cap utilities companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, media sentiment, community ranking, institutional ownership, analyst recommendations, profitability, valuation, earnings and risk.
73.3% of Public Service Enterprise Group shares are held by institutional investors. Comparatively, 87.2% of Evergy shares are held by institutional investors. 0.6% of Public Service Enterprise Group shares are held by company insiders. Comparatively, 0.5% of Evergy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Public Service Enterprise Group has a net margin of 17.65% compared to Public Service Enterprise Group's net margin of 12.84%. Evergy's return on equity of 11.10% beat Public Service Enterprise Group's return on equity.
Public Service Enterprise Group presently has a consensus target price of $68.92, indicating a potential downside of 9.02%. Evergy has a consensus target price of $57.83, indicating a potential upside of 5.81%. Given Public Service Enterprise Group's higher probable upside, analysts clearly believe Evergy is more favorable than Public Service Enterprise Group.
Public Service Enterprise Group has higher revenue and earnings than Evergy. Evergy is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.
Public Service Enterprise Group received 391 more outperform votes than Evergy when rated by MarketBeat users. However, 58.77% of users gave Evergy an outperform vote while only 56.78% of users gave Public Service Enterprise Group an outperform vote.
Public Service Enterprise Group has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500. Comparatively, Evergy has a beta of 0.57, suggesting that its stock price is 43% less volatile than the S&P 500.
Public Service Enterprise Group pays an annual dividend of $2.40 per share and has a dividend yield of 3.2%. Evergy pays an annual dividend of $2.57 per share and has a dividend yield of 4.7%. Public Service Enterprise Group pays out 66.5% of its earnings in the form of a dividend. Evergy pays out 83.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Public Service Enterprise Group has raised its dividend for 13 consecutive years and Evergy has raised its dividend for 19 consecutive years. Evergy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, Evergy had 49 more articles in the media than Public Service Enterprise Group. MarketBeat recorded 60 mentions for Evergy and 11 mentions for Public Service Enterprise Group. Evergy's average media sentiment score of 0.54 beat Public Service Enterprise Group's score of 0.36 indicating that Public Service Enterprise Group is being referred to more favorably in the media.
Summary
Public Service Enterprise Group beats Evergy on 14 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding EVRG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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