ED vs. PCG, SRE, D, PEG, WEC, DTE, CNP, AEE, CMS, and NI
Should you be buying Consolidated Edison stock or one of its competitors? The main competitors of Consolidated Edison include PG&E (PCG), Sempra (SRE), Dominion Energy (D), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), DTE Energy (DTE), CenterPoint Energy (CNP), Ameren (AEE), CMS Energy (CMS), and NiSource (NI). These companies are all part of the "multi-utilities" industry.
PG&E (NYSE:PCG) and Consolidated Edison (NYSE:ED) are both large-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, dividends, community ranking, media sentiment, profitability, analyst recommendations, risk and valuation.
PG&E currently has a consensus price target of $19.88, suggesting a potential upside of 10.05%. Consolidated Edison has a consensus price target of $89.58, suggesting a potential downside of 2.22%. Given Consolidated Edison's stronger consensus rating and higher possible upside, equities research analysts clearly believe PG&E is more favorable than Consolidated Edison.
78.6% of PG&E shares are owned by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are owned by institutional investors. 0.2% of PG&E shares are owned by insiders. Comparatively, 0.2% of Consolidated Edison shares are owned 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.
Consolidated Edison has a net margin of 12.43% compared to Consolidated Edison's net margin of 10.05%. Consolidated Edison's return on equity of 11.32% beat PG&E's return on equity.
PG&E received 486 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 63.24% of users gave PG&E an outperform vote while only 41.36% of users gave Consolidated Edison an outperform vote.
PG&E has a beta of 1.19, meaning that its share price is 19% more volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.35, meaning that its share price is 65% less volatile than the S&P 500.
Consolidated Edison has lower revenue, but higher earnings than PG&E. PG&E is trading at a lower price-to-earnings ratio than Consolidated Edison, indicating that it is currently the more affordable of the two stocks.
In the previous week, PG&E had 7 more articles in the media than Consolidated Edison. MarketBeat recorded 11 mentions for PG&E and 4 mentions for Consolidated Edison. PG&E's average media sentiment score of 1.80 beat Consolidated Edison's score of 0.80 indicating that Consolidated Edison is being referred to more favorably in the news media.
PG&E pays an annual dividend of $0.04 per share and has a dividend yield of 0.2%. Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.6%. PG&E pays out 3.6% of its earnings in the form of a dividend. Consolidated Edison pays out 63.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Consolidated Edison has increased its dividend for 1 consecutive years. Consolidated Edison is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
PG&E beats Consolidated Edison on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ED 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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