PNM vs. PNW, OGE, IDA, POR, OTTR, ALE, MGEE, ARRY, HE, and UTL
Should you be buying PNM Resources stock or one of its competitors? The main competitors of PNM Resources include Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR), Otter Tail (OTTR), ALLETE (ALE), MGE Energy (MGEE), Array Technologies (ARRY), Hawaiian Electric Industries (HE), and Unitil (UTL). These companies are all part of the "electric utilities" industry.
Pinnacle West Capital (NYSE:PNW) and PNM Resources (NYSE:PNM) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, media sentiment, community ranking, analyst recommendations and earnings.
91.5% of Pinnacle West Capital shares are held by institutional investors. Comparatively, 91.7% of PNM Resources shares are held by institutional investors. 0.2% of Pinnacle West Capital shares are held by insiders. Comparatively, 1.4% of PNM Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Pinnacle West Capital has higher revenue and earnings than PNM Resources. Pinnacle West Capital is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
In the previous week, Pinnacle West Capital and Pinnacle West Capital both had 16 articles in the media. PNM Resources' average media sentiment score of 1.06 beat Pinnacle West Capital's score of 0.63 indicating that Pinnacle West Capital is being referred to more favorably in the media.
PNM Resources received 16 more outperform votes than Pinnacle West Capital when rated by MarketBeat users. Likewise, 60.36% of users gave PNM Resources an outperform vote while only 42.05% of users gave Pinnacle West Capital an outperform vote.
Pinnacle West Capital has a net margin of 11.09% compared to Pinnacle West Capital's net margin of 4.38%. Pinnacle West Capital's return on equity of 9.91% beat PNM Resources' return on equity.
Pinnacle West Capital presently has a consensus price target of $76.04, indicating a potential downside of 0.04%. PNM Resources has a consensus price target of $43.40, indicating a potential upside of 16.92%. Given Pinnacle West Capital's higher possible upside, analysts clearly believe PNM Resources is more favorable than Pinnacle West Capital.
Pinnacle West Capital pays an annual dividend of $3.52 per share and has a dividend yield of 4.6%. PNM Resources pays an annual dividend of $1.55 per share and has a dividend yield of 4.2%. Pinnacle West Capital pays out 76.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. PNM Resources pays out 170.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. PNM Resources has increased its dividend for 1 consecutive years. Pinnacle West Capital is clearly the better dividend stock, given its higher yield and lower payout ratio.
Pinnacle West Capital has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500. Comparatively, PNM Resources has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500.
Summary
Pinnacle West Capital beats PNM Resources on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PNM 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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