EMA vs. H, FTS, BIP.UN, BEP.UN, CU, AQN, BEPC, BIPC, NPI, and CPX
Should you be buying Emera stock or one of its competitors? The main competitors of Emera include Hydro One (H), Fortis (FTS), Brookfield Infrastructure Partners (BIP.UN), Brookfield Renewable Partners (BEP.UN), Canadian Utilities (CU), Algonquin Power & Utilities (AQN), Brookfield Renewable (BEPC), Brookfield Infrastructure (BIPC), Northland Power (NPI), and Capital Power (CPX). These companies are all part of the "utilities" sector.
Emera (TSE:EMA) and Hydro One (TSE:H) are both large-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, analyst recommendations, profitability, earnings, valuation, community ranking and media sentiment.
Hydro One has a net margin of 13.83% compared to Emera's net margin of 13.80%. Hydro One's return on equity of 9.45% beat Emera's return on equity.
In the previous week, Emera and Emera both had 17 articles in the media. Hydro One's average media sentiment score of 0.41 beat Emera's score of -0.13 indicating that Hydro One is being referred to more favorably in the news media.
Hydro One has higher revenue and earnings than Emera. Emera is trading at a lower price-to-earnings ratio than Hydro One, indicating that it is currently the more affordable of the two stocks.
Emera has a beta of 0.28, meaning that its stock price is 72% less volatile than the S&P 500. Comparatively, Hydro One has a beta of 0.31, meaning that its stock price is 69% less volatile than the S&P 500.
Emera received 94 more outperform votes than Hydro One when rated by MarketBeat users. However, 65.11% of users gave Hydro One an outperform vote while only 58.63% of users gave Emera an outperform vote.
30.7% of Emera shares are held by institutional investors. Comparatively, 22.3% of Hydro One shares are held by institutional investors. 0.1% of Emera shares are held by company insiders. Comparatively, 47.2% of Hydro One shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Emera pays an annual dividend of C$2.87 per share and has a dividend yield of 6.2%. Hydro One pays an annual dividend of C$1.19 per share and has a dividend yield of 3.1%. Emera pays out 80.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Hydro One pays out 65.7% of its earnings in the form of a dividend.
Emera presently has a consensus price target of C$54.50, suggesting a potential upside of 17.38%. Hydro One has a consensus price target of C$39.56, suggesting a potential upside of 3.52%. Given Emera's stronger consensus rating and higher possible upside, research analysts plainly believe Emera is more favorable than Hydro One.
Summary
Hydro One beats Emera on 12 of the 19 factors compared between the two stocks.
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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.
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