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EnLink Midstream (ENLC) Competitors

EnLink Midstream logo
$14.09 +0.31 (+2.25%)
(As of 12/20/2024 05:31 PM ET)

ENLC vs. FTS, LNT, WES, EVRG, AGR, EBR, WTRG, SBS, DTM, and KEP

Should you be buying EnLink Midstream stock or one of its competitors? The main competitors of EnLink Midstream include Fortis (FTS), Alliant Energy (LNT), Western Midstream Partners (WES), Evergy (EVRG), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Essential Utilities (WTRG), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), DT Midstream (DTM), and Korea Electric Power (KEP). These companies are all part of the "utilities" industry.

EnLink Midstream vs.

Fortis (NYSE:FTS) and EnLink Midstream (NYSE:ENLC) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, community ranking, profitability, dividends, valuation, institutional ownership, analyst recommendations, earnings and risk.

Fortis has a beta of 0.49, indicating that its stock price is 51% less volatile than the S&P 500. Comparatively, EnLink Midstream has a beta of 2.44, indicating that its stock price is 144% more volatile than the S&P 500.

In the previous week, Fortis had 5 more articles in the media than EnLink Midstream. MarketBeat recorded 7 mentions for Fortis and 2 mentions for EnLink Midstream. Fortis' average media sentiment score of 0.60 beat EnLink Midstream's score of 0.48 indicating that Fortis is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EnLink Midstream
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

57.8% of Fortis shares are owned by institutional investors. Comparatively, 45.9% of EnLink Midstream shares are owned by institutional investors. 0.8% of EnLink Midstream shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Fortis pays an annual dividend of $1.81 per share and has a dividend yield of 4.3%. EnLink Midstream pays an annual dividend of $0.53 per share and has a dividend yield of 3.8%. Fortis pays out 76.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. EnLink Midstream pays out 252.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Fortis is clearly the better dividend stock, given its higher yield and lower payout ratio.

Fortis has a net margin of 14.06% compared to EnLink Midstream's net margin of 1.96%. EnLink Midstream's return on equity of 9.51% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.06% 7.01% 2.32%
EnLink Midstream 1.96%9.51%2.76%

EnLink Midstream received 60 more outperform votes than Fortis when rated by MarketBeat users. However, 52.64% of users gave Fortis an outperform vote while only 49.42% of users gave EnLink Midstream an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
279
52.64%
Underperform Votes
251
47.36%
EnLink MidstreamOutperform Votes
339
49.42%
Underperform Votes
347
50.58%

EnLink Midstream has a consensus price target of $15.40, indicating a potential upside of 9.30%. Given EnLink Midstream's stronger consensus rating and higher possible upside, analysts clearly believe EnLink Midstream is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33
EnLink Midstream
0 Sell rating(s)
10 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.31

Fortis has higher revenue and earnings than EnLink Midstream. Fortis is trading at a lower price-to-earnings ratio than EnLink Midstream, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$11.44B1.81$1.17B$2.3817.53
EnLink Midstream$6.65B0.97$206.20M$0.2167.10

Summary

Fortis beats EnLink Midstream on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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ENLC vs. The Competition

MetricEnLink MidstreamNatural gas transmission IndustryEnergy SectorNYSE Exchange
Market Cap$6.44B$25.68B$8.33B$19.18B
Dividend Yield3.70%5.12%11.69%3.60%
P/E Ratio67.1030.3312.1541.30
Price / Sales0.973.2367.4717.60
Price / Cash7.4612.6010.8721.28
Price / Book2.423.113.365.32
Net Income$206.20M$1.27B$955.68M$989.88M
7 Day Performance-3.76%-2.33%-3.45%-3.54%
1 Month Performance-10.05%-5.62%-5.59%-3.68%
1 Year Performance14.83%42.00%1.57%12.14%

EnLink Midstream Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENLC
EnLink Midstream
2.5831 of 5 stars
$14.09
+2.2%
$15.40
+9.3%
+13.9%$6.44B$6.65B67.101,072
FTS
Fortis
3.0865 of 5 stars
$42.15
-0.4%
N/A+4.1%$20.97B$8.53B17.779,600
LNT
Alliant Energy
4.3415 of 5 stars
$60.35
-0.2%
$63.39
+5.0%
+17.3%$15.49B$4.03B23.433,281Positive News
WES
Western Midstream Partners
2.4505 of 5 stars
$39.28
-1.2%
$37.88
-3.6%
+38.1%$14.95B$3.11B10.141,377Positive News
EVRG
Evergy
3.0442 of 5 stars
$61.74
-0.3%
$61.88
+0.2%
+20.3%$14.20B$5.78B16.734,658Positive News
AGR
Avangrid
3.3474 of 5 stars
$35.71
+0.3%
$34.67
-2.9%
+12.1%$13.82B$8.31B12.237,999News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.0352 of 5 stars
$5.84
-1.0%
N/A-30.3%$13.44B$38.08B0.008,328News Coverage
WTRG
Essential Utilities
4.6269 of 5 stars
$38.95
+0.7%
$44.00
+13.0%
-0.8%$10.70B$2.05B19.353,258Analyst Revision
Positive News
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
1.6593 of 5 stars
$14.67
-0.5%
N/A-3.0%$10.03B$5.12B5.7511,170Analyst Upgrade
Positive News
DTM
DT Midstream
3.9652 of 5 stars
$100.08
+0.2%
$84.78
-15.3%
+88.5%$9.72B$976M24.48360Analyst Upgrade
News Coverage
Positive News
KEP
Korea Electric Power
1.8069 of 5 stars
$7.55
+1.8%
N/A+1.0%$9.69B$91.66T3.4448,696News Coverage
Gap Down

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This page (NYSE:ENLC) was last updated on 12/21/2024 by MarketBeat.com Staff
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