MGEE vs. TAC, SJW, CPK, MYRG, PAM, OTTR, PRMW, AVA, CWT, and AWR
Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include TransAlta (TAC), SJW Group (SJW), Chesapeake Utilities (CPK), MYR Group (MYRG), Pampa Energía (PAM), Otter Tail (OTTR), Primo Water (PRMW), Avista (AVA), California Water Service Group (CWT), and American States Water (AWR). These companies are all part of the "utilities" sector.
MGE Energy vs.
TransAlta (NYSE:TAC) and MGE Energy (NASDAQ:MGEE) are both mid-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their profitability, earnings, valuation, institutional ownership, dividends, media sentiment, analyst recommendations, risk and community ranking.
TransAlta currently has a consensus price target of $16.10, suggesting a potential upside of 63.04%. MGE Energy has a consensus price target of $72.00, suggesting a potential downside of 6.94%. Given TransAlta's stronger consensus rating and higher probable upside, equities analysts plainly believe TransAlta is more favorable than MGE Energy.
MGE Energy has a net margin of 14.89% compared to TransAlta's net margin of 3.90%. MGE Energy's return on equity of 9.98% beat TransAlta's return on equity.
TransAlta received 55 more outperform votes than MGE Energy when rated by MarketBeat users. However, 58.06% of users gave MGE Energy an outperform vote while only 54.20% of users gave TransAlta an outperform vote.
MGE Energy has lower revenue, but higher earnings than TransAlta. MGE Energy is trading at a lower price-to-earnings ratio than TransAlta, indicating that it is currently the more affordable of the two stocks.
TransAlta pays an annual dividend of $0.16 per share and has a dividend yield of 1.6%. MGE Energy pays an annual dividend of $1.63 per share and has a dividend yield of 2.1%. TransAlta pays out 55.2% of its earnings in the form of a dividend. MGE Energy pays out 54.9% 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. MGE Energy has increased its dividend for 47 consecutive years. MGE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
TransAlta has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, MGE Energy has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500.
In the previous week, MGE Energy had 1 more articles in the media than TransAlta. MarketBeat recorded 2 mentions for MGE Energy and 1 mentions for TransAlta. MGE Energy's average media sentiment score of 1.87 beat TransAlta's score of 0.00 indicating that MGE Energy is being referred to more favorably in the news media.
64.4% of TransAlta shares are held by institutional investors. Comparatively, 50.7% of MGE Energy shares are held by institutional investors. 13.1% of TransAlta shares are held by insiders. Comparatively, 0.2% of MGE Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
MGE Energy beats TransAlta on 12 of the 21 factors compared between the two stocks.
New MarketBeat Followers Over Time
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.
Media Sentiment Over Time
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.
MGE Energy Competitors List
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