LIF vs. MEG, QBR.B, SJ, NVEI, QBR.A, EFX, CHR, TIXT, MAX, and FC
Should you be buying Labrador Iron Ore Royalty stock or one of its competitors? The main competitors of Labrador Iron Ore Royalty include MEG Energy (MEG), Quebecor (QBR.B), Stella-Jones (SJ), Nuvei (NVEI), Quebecor (QBR.A), Enerflex (EFX), Chorus Aviation (CHR), TELUS International (Cda) (TIXT), Midas Gold Corp. (MAX.TO) (MAX), and Firm Capital Mortgage Investment (FC). These companies are all part of the "business services" industry.
Labrador Iron Ore Royalty vs.
Labrador Iron Ore Royalty (TSE:LIF) and MEG Energy (TSE:MEG) are both basic materials companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability, community ranking, media sentiment and analyst recommendations.
Labrador Iron Ore Royalty pays an annual dividend of C$2.70 per share and has a dividend yield of 8.8%. MEG Energy pays an annual dividend of C$0.40 per share and has a dividend yield of 1.7%. Labrador Iron Ore Royalty pays out 81.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. MEG Energy pays out 19.0% of its earnings in the form of a dividend.
MEG Energy received 99 more outperform votes than Labrador Iron Ore Royalty when rated by MarketBeat users. Likewise, 56.28% of users gave MEG Energy an outperform vote while only 52.05% of users gave Labrador Iron Ore Royalty an outperform vote.
21.6% of Labrador Iron Ore Royalty shares are owned by institutional investors. Comparatively, 44.4% of MEG Energy shares are owned by institutional investors. 0.1% of Labrador Iron Ore Royalty shares are owned by company insiders. Comparatively, 0.3% of MEG Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Labrador Iron Ore Royalty had 2 more articles in the media than MEG Energy. MarketBeat recorded 5 mentions for Labrador Iron Ore Royalty and 3 mentions for MEG Energy. Labrador Iron Ore Royalty's average media sentiment score of 0.31 beat MEG Energy's score of 0.06 indicating that Labrador Iron Ore Royalty is being referred to more favorably in the media.
MEG Energy has higher revenue and earnings than Labrador Iron Ore Royalty. Labrador Iron Ore Royalty is trading at a lower price-to-earnings ratio than MEG Energy, indicating that it is currently the more affordable of the two stocks.
Labrador Iron Ore Royalty currently has a consensus target price of C$33.00, suggesting a potential upside of 7.84%. MEG Energy has a consensus target price of C$32.27, suggesting a potential upside of 36.75%. Given MEG Energy's higher possible upside, analysts clearly believe MEG Energy is more favorable than Labrador Iron Ore Royalty.
Labrador Iron Ore Royalty has a net margin of 99.70% compared to MEG Energy's net margin of 10.43%. Labrador Iron Ore Royalty's return on equity of 31.89% beat MEG Energy's return on equity.
Labrador Iron Ore Royalty has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 2.89, suggesting that its stock price is 189% more volatile than the S&P 500.
Summary
MEG Energy beats Labrador Iron Ore Royalty on 11 of the 19 factors compared between the two stocks.
Get Labrador Iron Ore Royalty News Delivered to You Automatically
Sign up to receive the latest news and ratings for LIF and its competitors with MarketBeat's FREE daily newsletter.
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.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE 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.
Labrador Iron Ore Royalty Competitors List
Related Companies and Tools
This page (TSE:LIF) was last updated on 1/17/2025 by MarketBeat.com Staff
