ENLC vs. FTS, WES, LNT, AGR, EVRG, EBR, DTM, SBS, KNTK, and WTRG
Should you be buying EnLink Midstream stock or one of its competitors? The main competitors of EnLink Midstream include Fortis (FTS), Western Midstream Partners (WES), Alliant Energy (LNT), Avangrid (AGR), Evergy (EVRG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), DT Midstream (DTM), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Kinetik (KNTK), and Essential Utilities (WTRG). These companies are all part of the "utilities" industry.
EnLink Midstream vs.
EnLink Midstream (NYSE:ENLC) and Fortis (NYSE:FTS) are both oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, community ranking, earnings, profitability, institutional ownership, media sentiment, valuation and risk.
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.
EnLink Midstream pays an annual dividend of $0.53 per share and has a dividend yield of 3.4%. Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 4.5%. 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 pays out 79.4% 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.
EnLink Midstream presently has a consensus target price of $15.40, indicating a potential upside of 0.23%. Given EnLink Midstream's stronger consensus rating and higher possible upside, equities analysts clearly believe EnLink Midstream is more favorable than Fortis.
EnLink Midstream has a beta of 2.43, meaning that its share price is 143% more volatile than the S&P 500. Comparatively, Fortis has a beta of 0.5, meaning that its share price is 50% less volatile than the S&P 500.
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.
45.9% of EnLink Midstream shares are held by institutional investors. Comparatively, 57.8% of Fortis shares are held by institutional investors. 0.8% of EnLink Midstream shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
In the previous week, Fortis had 5 more articles in the media than EnLink Midstream. MarketBeat recorded 10 mentions for Fortis and 5 mentions for EnLink Midstream. EnLink Midstream's average media sentiment score of 0.66 beat Fortis' score of 0.42 indicating that EnLink Midstream is being referred to more favorably in the media.
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 49.13% of users gave EnLink Midstream an outperform vote.
Summary
EnLink Midstream beats Fortis on 11 of the 21 factors compared between the two stocks.
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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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This page (NYSE:ENLC) was last updated on 1/21/2025 by MarketBeat.com Staff
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