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National Grid (NGG) Competitors

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$58.50 +0.82 (+1.42%)
(As of 12/20/2024 05:40 PM ET)

NGG vs. EPD, WMB, ET, KMI, TRP, TRGP, WES, DTM, KNTK, and AM

Should you be buying National Grid stock or one of its competitors? The main competitors of National Grid include Enterprise Products Partners (EPD), Williams Companies (WMB), Energy Transfer (ET), Kinder Morgan (KMI), TC Energy (TRP), Targa Resources (TRGP), Western Midstream Partners (WES), DT Midstream (DTM), Kinetik (KNTK), and Antero Midstream (AM). These companies are all part of the "natural gas transmission" industry.

National Grid vs.

National Grid (NYSE:NGG) and Enterprise Products Partners (NYSE:EPD) are both large-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, media sentiment, profitability, analyst recommendations, community ranking and risk.

4.7% of National Grid shares are held by institutional investors. Comparatively, 26.1% of Enterprise Products Partners shares are held by institutional investors. 32.6% of Enterprise Products Partners shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Enterprise Products Partners has a consensus price target of $34.20, indicating a potential upside of 10.36%. Given Enterprise Products Partners' stronger consensus rating and higher probable upside, analysts clearly believe Enterprise Products Partners is more favorable than National Grid.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Grid
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Enterprise Products Partners
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

National Grid pays an annual dividend of $2.02 per share and has a dividend yield of 3.5%. Enterprise Products Partners pays an annual dividend of $2.10 per share and has a dividend yield of 6.8%. Enterprise Products Partners pays out 78.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enterprise Products Partners has raised its dividend for 27 consecutive years. Enterprise Products Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

National Grid has a beta of 0.62, meaning that its stock price is 38% less volatile than the S&P 500. Comparatively, Enterprise Products Partners has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500.

In the previous week, Enterprise Products Partners had 15 more articles in the media than National Grid. MarketBeat recorded 23 mentions for Enterprise Products Partners and 8 mentions for National Grid. Enterprise Products Partners' average media sentiment score of 0.83 beat National Grid's score of 0.69 indicating that Enterprise Products Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Grid
4 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enterprise Products Partners
13 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Enterprise Products Partners received 448 more outperform votes than National Grid when rated by MarketBeat users. Likewise, 80.47% of users gave Enterprise Products Partners an outperform vote while only 58.78% of users gave National Grid an outperform vote.

CompanyUnderperformOutperform
National GridOutperform Votes
512
58.78%
Underperform Votes
359
41.22%
Enterprise Products PartnersOutperform Votes
960
80.47%
Underperform Votes
233
19.53%

Enterprise Products Partners has higher revenue and earnings than National Grid.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Grid$24.95B2.29$2.88BN/AN/A
Enterprise Products Partners$56.64B1.19$5.53B$2.6711.61

Enterprise Products Partners has a net margin of 10.32% compared to National Grid's net margin of 0.00%. Enterprise Products Partners' return on equity of 20.31% beat National Grid's return on equity.

Company Net Margins Return on Equity Return on Assets
National GridN/A N/A N/A
Enterprise Products Partners 10.32%20.31%8.04%

Summary

Enterprise Products Partners beats National Grid on 18 of the 20 factors compared between the two stocks.

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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NGG vs. The Competition

MetricNational GridNatural gas transmission IndustryUtilities SectorNYSE Exchange
Market Cap$57.16B$25.68B$13.41B$19.18B
Dividend Yield3.39%5.07%4.09%3.58%
P/E RatioN/A30.3394.9541.22
Price / Sales2.293.2329.6117.58
Price / Cash7.6212.6018.4421.28
Price / Book1.243.112.215.32
Net Income$2.88B$1.27B$629.73M$989.67M
7 Day Performance-1.90%-2.33%-1.90%-3.45%
1 Month Performance-7.29%-5.62%-2.54%-3.73%
1 Year Performance-14.20%42.00%1.50%12.06%

National Grid Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NGG
National Grid
0.8498 of 5 stars
$58.50
+1.4%
N/A-13.1%$57.16B$24.95B0.0031,425News Coverage
EPD
Enterprise Products Partners
3.6267 of 5 stars
$31.50
-2.1%
$34.00
+7.9%
+19.0%$68.28B$56.64B11.977,500Analyst Downgrade
WMB
Williams Companies
3.3638 of 5 stars
$53.88
-1.0%
$52.07
-3.4%
+54.3%$65.68B$10.91B22.975,601Positive News
ET
Energy Transfer
3.7881 of 5 stars
$18.84
-1.1%
$20.38
+8.1%
+37.5%$64.51B$83.66B13.8913,786Analyst Forecast
Positive News
KMI
Kinder Morgan
4.1404 of 5 stars
$26.55
-1.2%
$25.75
-3.0%
+53.4%$58.98B$15.15B23.2510,891Analyst Forecast
TRP
TC Energy
4.0003 of 5 stars
$46.30
-0.4%
$55.67
+20.2%
+16.9%$48.06B$11.80B12.877,415Positive News
TRGP
Targa Resources
4.541 of 5 stars
$183.23
-0.8%
$176.14
-3.9%
+106.1%$39.96B$16.06B33.393,182Analyst Forecast
WES
Western Midstream Partners
2.4525 of 5 stars
$39.29
-1.2%
$37.88
-3.6%
+38.1%$14.95B$3.11B10.141,377Positive News
DTM
DT Midstream
3.9809 of 5 stars
$99.98
+0.1%
$84.78
-15.2%
+88.5%$9.71B$976M24.48360Analyst Upgrade
News Coverage
Positive News
KNTK
Kinetik
2.6269 of 5 stars
$56.39
-0.7%
$49.00
-13.1%
+73.0%$8.88B$1.45B20.73200Analyst Forecast
Positive News
AM
Antero Midstream
3.6847 of 5 stars
$14.97
-0.9%
$14.50
-3.1%
+20.7%$7.21B$1.15B18.65590Analyst Downgrade
Options Volume
Positive News

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