EMA vs. FTS, H, CUP.U, KWH.UN, BIP.UN, BEP.UN, BEPC, CU, NPI, and BIPC
Should you be buying Emera stock or one of its competitors? The main competitors of Emera include Fortis (FTS), Hydro One (H), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Brookfield Infrastructure Partners (BIP.UN), Brookfield Renewable Partners (BEP.UN), Brookfield Renewable (BEPC), Canadian Utilities (CU), Northland Power (NPI), and Brookfield Infrastructure (BIPC). These companies are all part of the "utilities" sector.
Fortis (TSE:FTS) and Emera (TSE:EMA) are both large-cap utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, community ranking, valuation, profitability, risk, earnings, dividends and media sentiment.
Fortis has a net margin of 14.11% compared to Fortis' net margin of 9.69%. Emera's return on equity of 7.38% beat Fortis' return on equity.
Fortis has a beta of 0.18, suggesting that its stock price is 82% less volatile than the S&P 500. Comparatively, Emera has a beta of 0.28, suggesting that its stock price is 72% less volatile than the S&P 500.
Fortis presently has a consensus price target of C$57.38, indicating a potential upside of 4.19%. Emera has a consensus price target of C$51.00, indicating a potential upside of 7.19%. Given Fortis' stronger consensus rating and higher probable upside, analysts plainly believe Emera is more favorable than Fortis.
Fortis received 139 more outperform votes than Emera when rated by MarketBeat users. Likewise, 67.67% of users gave Fortis an outperform vote while only 58.59% of users gave Emera an outperform vote.
Fortis pays an annual dividend of C$2.36 per share and has a dividend yield of 4.3%. Emera pays an annual dividend of C$2.87 per share and has a dividend yield of 6.0%. Fortis pays out 75.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Emera pays out 128.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
58.0% of Fortis shares are owned by institutional investors. Comparatively, 30.9% of Emera shares are owned by institutional investors. 0.0% of Fortis shares are owned by company insiders. Comparatively, 0.1% of Emera shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Fortis has higher revenue and earnings than Emera. Fortis is trading at a lower price-to-earnings ratio than Emera, indicating that it is currently the more affordable of the two stocks.
In the previous week, Fortis and Fortis both had 2 articles in the media. Emera's average media sentiment score of 0.67 beat Fortis' score of -0.57 indicating that Fortis is being referred to more favorably in the media.
Summary
Fortis beats Emera on 12 of the 19 factors compared between the two stocks.
Get Emera News Delivered to You Automatically
Sign up to receive the latest news and ratings for EMA and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding EMA 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 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.
Related Companies and Tools
