MGEE vs. AT, PNW, OGE, IDA, POR, OTTR, ALE, PNM, HE, and ARRY
Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include Atlantic Power (AT), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR), Otter Tail (OTTR), ALLETE (ALE), PNM Resources (PNM), Hawaiian Electric Industries (HE), and Array Technologies (ARRY).
Atlantic Power (NYSE:AT) and MGE Energy (NASDAQ:MGEE) are both utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, community ranking, analyst recommendations, institutional ownership, media sentiment, risk and valuation.
MGE Energy received 11 more outperform votes than Atlantic Power when rated by MarketBeat users. Likewise, 55.24% of users gave MGE Energy an outperform vote while only 49.16% of users gave Atlantic Power an outperform vote.
In the previous week, Atlantic Power had 6 more articles in the media than MGE Energy. MarketBeat recorded 9 mentions for Atlantic Power and 3 mentions for MGE Energy. Atlantic Power's average media sentiment score of 1.46 beat MGE Energy's score of 0.00 indicating that MGE Energy is being referred to more favorably in the news media.
MGE Energy has a consensus price target of $65.00, suggesting a potential downside of 24.82%. Given Atlantic Power's higher probable upside, analysts clearly believe MGE Energy is more favorable than Atlantic Power.
Atlantic Power has a beta of 0.45, indicating that its share price is 55% less volatile than the S&P 500. Comparatively, MGE Energy has a beta of 0.7, indicating that its share price is 30% less volatile than the S&P 500.
MGE Energy has higher revenue and earnings than Atlantic Power. MGE Energy is trading at a lower price-to-earnings ratio than Atlantic Power, indicating that it is currently the more affordable of the two stocks.
55.3% of Atlantic Power shares are owned by institutional investors. Comparatively, 52.6% of MGE Energy shares are owned by institutional investors. 3.4% of Atlantic Power shares are owned by company insiders. Comparatively, 0.2% of MGE Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Atlantic Power pays an annual dividend of $0.09 per share and has a dividend yield of 3.0%. MGE Energy pays an annual dividend of $1.71 per share and has a dividend yield of 2.0%. Atlantic Power pays out 81.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. MGE Energy pays out 51.5% of its earnings in the form of a dividend. MGE Energy has increased its dividend for 48 consecutive years.
MGE Energy has a net margin of 18.12% compared to MGE Energy's net margin of -8.26%. Atlantic Power's return on equity of 10.60% beat MGE Energy's return on equity.
Summary
MGE Energy beats Atlantic Power on 15 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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