MGEE vs. AVA, AWR, CWT, NWE, PAM, MYRG, CPK, PNM, PRMW, and OGS
Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include Avista (AVA), American States Water (AWR), California Water Service Group (CWT), NorthWestern Energy Group (NWE), Pampa Energía (PAM), MYR Group (MYRG), Chesapeake Utilities (CPK), PNM Resources (PNM), Primo Water (PRMW), and ONE Gas (OGS). These companies are all part of the "utilities" sector.
MGE Energy (NASDAQ:MGEE) and Avista (NYSE:AVA) are both mid-cap utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, risk, media sentiment, analyst recommendations, community ranking and institutional ownership.
52.6% of MGE Energy shares are held by institutional investors. Comparatively, 85.2% of Avista shares are held by institutional investors. 0.2% of MGE Energy shares are held by company insiders. Comparatively, 1.0% of Avista shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
MGE Energy currently has a consensus price target of $68.00, suggesting a potential downside of 12.97%. Avista has a consensus price target of $35.00, suggesting a potential downside of 3.98%. Given Avista's stronger consensus rating and higher possible upside, analysts clearly believe Avista is more favorable than MGE Energy.
Avista has higher revenue and earnings than MGE Energy. Avista is trading at a lower price-to-earnings ratio than MGE Energy, indicating that it is currently the more affordable of the two stocks.
Avista received 19 more outperform votes than MGE Energy when rated by MarketBeat users. However, 55.53% of users gave MGE Energy an outperform vote while only 47.76% of users gave Avista an outperform vote.
In the previous week, MGE Energy had 6 more articles in the media than Avista. MarketBeat recorded 6 mentions for MGE Energy and 0 mentions for Avista. MGE Energy's average media sentiment score of 1.00 beat Avista's score of 0.39 indicating that MGE Energy is being referred to more favorably in the media.
MGE Energy has a net margin of 18.12% compared to Avista's net margin of 9.96%. MGE Energy's return on equity of 10.60% beat Avista's return on equity.
MGE Energy has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500. Comparatively, Avista has a beta of 0.48, indicating that its share price is 52% less volatile than the S&P 500.
MGE Energy pays an annual dividend of $1.71 per share and has a dividend yield of 2.2%. Avista pays an annual dividend of $1.90 per share and has a dividend yield of 5.2%. MGE Energy pays out 51.5% of its earnings in the form of a dividend. Avista pays out 78.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Summary
MGE Energy beats Avista on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MGEE 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 NASDAQ 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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