EVRG vs. NI, LNT, CMS, AEE, ALE, WEC, XEL, ED, PEG, and EXC
Should you be buying Evergy stock or one of its competitors? The main competitors of Evergy include NiSource (NI), Alliant Energy (LNT), CMS Energy (CMS), Ameren (AEE), ALLETE (ALE), WEC Energy Group (WEC), Xcel Energy (XEL), Consolidated Edison (ED), Public Service Enterprise Group (PEG), and Exelon (EXC). These companies are all part of the "electric & other services combined" industry.
NiSource (NYSE:NI) and Evergy (NYSE:EVRG) are both large-cap utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, media sentiment, risk, valuation, profitability, analyst recommendations, institutional ownership, dividends and community ranking.
NiSource has a beta of 0.49, suggesting that its share price is 51% less volatile than the S&P 500. Comparatively, Evergy has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500.
NiSource pays an annual dividend of $1.06 per share and has a dividend yield of 3.6%. Evergy pays an annual dividend of $2.57 per share and has a dividend yield of 4.7%. NiSource pays out 69.3% of its earnings in the form of a dividend. Evergy pays out 83.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NiSource has raised its dividend for 13 consecutive years and Evergy has raised its dividend for 19 consecutive years. Evergy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, Evergy had 103 more articles in the media than NiSource. MarketBeat recorded 117 mentions for Evergy and 14 mentions for NiSource. Evergy's average media sentiment score of 0.81 beat NiSource's score of 0.24 indicating that NiSource is being referred to more favorably in the media.
NiSource received 292 more outperform votes than Evergy when rated by MarketBeat users. However, 58.77% of users gave Evergy an outperform vote while only 54.10% of users gave NiSource an outperform vote.
Evergy has higher revenue and earnings than NiSource. Evergy is trading at a lower price-to-earnings ratio than NiSource, indicating that it is currently the more affordable of the two stocks.
NiSource presently has a consensus price target of $29.71, suggesting a potential upside of 1.66%. Evergy has a consensus price target of $57.83, suggesting a potential upside of 4.94%. Given NiSource's higher possible upside, analysts plainly believe Evergy is more favorable than NiSource.
91.6% of NiSource shares are held by institutional investors. Comparatively, 87.2% of Evergy shares are held by institutional investors. 0.1% of NiSource shares are held by company insiders. Comparatively, 0.5% of Evergy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
NiSource has a net margin of 14.23% compared to NiSource's net margin of 12.84%. Evergy's return on equity of 9.56% beat NiSource's return on equity.
Summary
NiSource beats Evergy on 11 of the 21 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding EVRG 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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