IDA vs. POR, OTTR, PNM, OGE, PNW, AQN, ENIC, ELP, BKH, and PAM
Should you be buying IDACORP stock or one of its competitors? The main competitors of IDACORP include Portland General Electric (POR), Otter Tail (OTTR), PNM Resources (PNM), OGE Energy (OGE), Pinnacle West Capital (PNW), Algonquin Power & Utilities (AQN), Enel Chile (ENIC), Companhia Paranaense de Energia - COPEL (ELP), Black Hills (BKH), and Pampa Energía (PAM). These companies are all part of the "electric services" industry.
Portland General Electric (NYSE:POR) and IDACORP (NYSE:IDA) are both mid-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, profitability, community ranking, valuation, analyst recommendations, institutional ownership, earnings and risk.
IDACORP has lower revenue, but higher earnings than Portland General Electric. Portland General Electric is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.
In the previous week, Portland General Electric had 12 more articles in the media than IDACORP. MarketBeat recorded 18 mentions for Portland General Electric and 6 mentions for IDACORP. Portland General Electric's average media sentiment score of 1.12 beat IDACORP's score of 0.60 indicating that IDACORP is being referred to more favorably in the news media.
Portland General Electric presently has a consensus target price of $44.00, suggesting a potential downside of 2.20%. IDACORP has a consensus target price of $96.80, suggesting a potential downside of 1.70%. Given Portland General Electric's higher possible upside, analysts plainly believe IDACORP is more favorable than Portland General Electric.
IDACORP has a net margin of 14.18% compared to IDACORP's net margin of 8.51%. Portland General Electric's return on equity of 8.71% beat IDACORP's return on equity.
Portland General Electric pays an annual dividend of $1.90 per share and has a dividend yield of 4.2%. IDACORP pays an annual dividend of $3.32 per share and has a dividend yield of 3.4%. Portland General Electric pays out 72.8% of its earnings in the form of a dividend. IDACORP pays out 66.7% 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. Portland General Electric has raised its dividend for 19 consecutive years and IDACORP has raised its dividend for 12 consecutive years. Portland General Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Portland General Electric received 158 more outperform votes than IDACORP when rated by MarketBeat users. However, 50.37% of users gave IDACORP an outperform vote while only 46.17% of users gave Portland General Electric an outperform vote.
Portland General Electric has a beta of 0.56, suggesting that its share price is 44% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.55, suggesting that its share price is 45% less volatile than the S&P 500.
89.1% of IDACORP shares are owned by institutional investors. 0.5% of Portland General Electric shares are owned by insiders. Comparatively, 0.5% of IDACORP shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary
IDACORP beats Portland General Electric on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IDA 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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