ED vs. PCG, SRE, D, PEG, WEC, DTE, AEE, CNP, CMS, and NI
Should you be buying Consolidated Edison stock or one of its competitors? The main competitors of Consolidated Edison include PG&E (PCG), Sempra (SRE), Dominion Energy (D), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), DTE Energy (DTE), Ameren (AEE), CenterPoint Energy (CNP), CMS Energy (CMS), and NiSource (NI). These companies are all part of the "multi-utilities" industry.
PG&E (NYSE:PCG) and Consolidated Edison (NYSE:ED) are both large-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, community ranking, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.
PG&E presently has a consensus target price of $19.75, indicating a potential upside of 6.53%. Consolidated Edison has a consensus target price of $89.46, indicating a potential downside of 5.38%. Given Consolidated Edison's stronger consensus rating and higher possible upside, research analysts plainly believe PG&E is more favorable than Consolidated Edison.
In the previous week, Consolidated Edison had 3 more articles in the media than PG&E. MarketBeat recorded 17 mentions for Consolidated Edison and 14 mentions for PG&E. Consolidated Edison's average media sentiment score of 0.67 beat PG&E's score of 0.49 indicating that PG&E is being referred to more favorably in the media.
78.6% of PG&E shares are held by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are held by institutional investors. 0.2% of PG&E shares are held by insiders. Comparatively, 0.2% of Consolidated Edison shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Consolidated Edison has lower revenue, but higher earnings than PG&E. PG&E is trading at a lower price-to-earnings ratio than Consolidated Edison, indicating that it is currently the more affordable of the two stocks.
PG&E has a beta of 1.26, meaning that its share price is 26% more volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.34, meaning that its share price is 66% less volatile than the S&P 500.
PG&E received 485 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 63.22% of users gave PG&E an outperform vote while only 41.36% of users gave Consolidated Edison an outperform vote.
PG&E pays an annual dividend of $0.04 per share and has a dividend yield of 0.2%. Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.5%. PG&E pays out 3.6% of its earnings in the form of a dividend. Consolidated Edison pays out 63.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Consolidated Edison has raised its dividend for 51 consecutive years. Consolidated Edison is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Consolidated Edison has a net margin of 12.43% compared to Consolidated Edison's net margin of 10.05%. Consolidated Edison's return on equity of 11.32% beat PG&E's return on equity.
Summary
PG&E beats Consolidated Edison on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ED 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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