MGEE vs. AWR, AVA, CWT, NWE, PAM, MYRG, PRMW, CPK, PNM, and TDS
Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include American States Water (AWR), Avista (AVA), California Water Service Group (CWT), NorthWestern Energy Group (NWE), Pampa Energía (PAM), MYR Group (MYRG), Primo Water (PRMW), Chesapeake Utilities (CPK), PNM Resources (PNM), and Telephone and Data Systems (TDS). These companies are all part of the "utilities" sector.
American States Water (NYSE:AWR) and MGE Energy (NASDAQ:MGEE) are both mid-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, profitability, dividends, community ranking, risk, analyst recommendations and media sentiment.
American States Water pays an annual dividend of $1.72 per share and has a dividend yield of 2.2%. MGE Energy pays an annual dividend of $1.71 per share and has a dividend yield of 2.1%. American States Water pays out 56.2% of its earnings in the form of a dividend. MGE Energy pays out 51.5% 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. American States Water has increased its dividend for 70 consecutive years and MGE Energy has increased its dividend for 48 consecutive years. American States Water is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
American States Water has a net margin of 19.95% compared to American States Water's net margin of 18.12%. MGE Energy's return on equity of 13.65% beat American States Water's return on equity.
American States Water received 11 more outperform votes than MGE Energy when rated by MarketBeat users. However, 55.81% of users gave MGE Energy an outperform vote while only 51.83% of users gave American States Water an outperform vote.
American States Water has higher earnings, but lower revenue than MGE Energy. MGE Energy is trading at a lower price-to-earnings ratio than American States Water, indicating that it is currently the more affordable of the two stocks.
American States Water currently has a consensus target price of $80.00, indicating a potential upside of 2.18%. MGE Energy has a consensus target price of $62.00, indicating a potential downside of 23.84%. Given MGE Energy's stronger consensus rating and higher possible upside, research analysts plainly believe American States Water is more favorable than MGE Energy.
In the previous week, American States Water had 2 more articles in the media than MGE Energy. MarketBeat recorded 3 mentions for American States Water and 1 mentions for MGE Energy. American States Water's average media sentiment score of 1.36 beat MGE Energy's score of 1.07 indicating that MGE Energy is being referred to more favorably in the news media.
American States Water has a beta of 0.43, suggesting that its stock price is 57% less volatile than the S&P 500. Comparatively, MGE Energy has a beta of 0.72, suggesting that its stock price is 28% less volatile than the S&P 500.
75.2% of American States Water shares are held by institutional investors. Comparatively, 52.6% of MGE Energy shares are held by institutional investors. 0.8% of American States Water shares are held by insiders. Comparatively, 0.2% of MGE Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
American States Water beats MGE Energy on 14 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MGEE 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 NASDAQ 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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