Bank of New York Mellon (NYSE:BK) Vs. BLK, TROW, STT, AMP, NTRS, BEN, IVZ, ARCC, SEIC, and AMG
Should you be buying Bank of New York Mellon stock or one of its competitors? The main competitors of Bank of New York Mellon include BlackRock (BLK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), Invesco (IVZ), Ares Capital (ARCC), SEI Investments (SEIC), and Affiliated Managers Group (AMG). These companies are all part of the "asset management & custody banks" industry.
Bank of New York Mellon vs.
Bank of New York Mellon (NYSE:BK) and T. Rowe Price Group (NASDAQ:TROW) are both large-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, dividends, risk and community ranking.
Bank of New York Mellon has higher revenue and earnings than T. Rowe Price Group. T. Rowe Price Group is trading at a lower price-to-earnings ratio than Bank of New York Mellon, indicating that it is currently the more affordable of the two stocks.
Bank of New York Mellon presently has a consensus target price of $61.77, suggesting a potential upside of 4.15%. T. Rowe Price Group has a consensus target price of $197.00, suggesting a potential upside of 23.75%. Given T. Rowe Price Group's higher probable upside, analysts clearly believe T. Rowe Price Group is more favorable than Bank of New York Mellon.
Bank of New York Mellon pays an annual dividend of $1.36 per share and has a dividend yield of 2.3%. T. Rowe Price Group pays an annual dividend of $4.32 per share and has a dividend yield of 2.7%. Bank of New York Mellon pays out 32.8% of its earnings in the form of a dividend. T. Rowe Price Group pays out 32.6% 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. T. Rowe Price Group is clearly the better dividend stock, given its higher yield and lower payout ratio.
Bank of New York Mellon has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500. Comparatively, T. Rowe Price Group has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500.
Bank of New York Mellon received 279 more outperform votes than T. Rowe Price Group when rated by MarketBeat users. Likewise, 70.67% of users gave Bank of New York Mellon an outperform vote while only 56.29% of users gave T. Rowe Price Group an outperform vote.
83.3% of Bank of New York Mellon shares are owned by institutional investors. Comparatively, 71.7% of T. Rowe Price Group shares are owned by institutional investors. 0.1% of Bank of New York Mellon shares are owned by company insiders. Comparatively, 1.0% of T. Rowe Price Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Bank of New York Mellon had 27 more articles in the media than T. Rowe Price Group. MarketBeat recorded 37 mentions for Bank of New York Mellon and 10 mentions for T. Rowe Price Group. Bank of New York Mellon's average media sentiment score of 0.36 beat T. Rowe Price Group's score of -0.28 indicating that Bank of New York Mellon is being referred to more favorably in the media.
T. Rowe Price Group has a net margin of 41.71% compared to Bank of New York Mellon's net margin of 23.26%. T. Rowe Price Group's return on equity of 36.62% beat Bank of New York Mellon's return on equity.
Summary
Bank of New York Mellon and T. Rowe Price Group tied by winning 10 of the 20 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding BK 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 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.
Bank of New York Mellon (NYSE:BK) vs. Its Competitors
Bank of New York Mellon Competitors List
