ED vs. PCG, SRE, D, PEG, WEC, DTE, AEE, CNP, CMS, and NI
Should you be buying Consolidated Edison stock or one of its competitors? The main competitors of Consolidated Edison include PG&E (PCG), Sempra (SRE), Dominion Energy (D), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), DTE Energy (DTE), Ameren (AEE), CenterPoint Energy (CNP), CMS Energy (CMS), and NiSource (NI). These companies are all part of the "multi-utilities" industry.
Consolidated Edison (NYSE:ED) and PG&E (NYSE:PCG) are both large-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, media sentiment, profitability, valuation, earnings, community ranking, risk and dividends.
Consolidated Edison has a net margin of 12.43% compared to PG&E's net margin of 10.05%. PG&E's return on equity of 11.32% beat Consolidated Edison's return on equity.
Consolidated Edison has higher earnings, but lower revenue than PG&E. PG&E is trading at a lower price-to-earnings ratio than Consolidated Edison, indicating that it is currently the more affordable of the two stocks.
Consolidated Edison has a beta of 0.34, suggesting that its stock price is 66% less volatile than the S&P 500. Comparatively, PG&E has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500.
Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.4%. PG&E pays an annual dividend of $0.04 per share and has a dividend yield of 0.2%. Consolidated Edison pays out 63.7% of its earnings in the form of a dividend. PG&E pays out 3.6% 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.
PG&E received 490 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 63.33% of users gave PG&E an outperform vote while only 41.29% of users gave Consolidated Edison an outperform vote.
Consolidated Edison currently has a consensus target price of $89.04, indicating a potential downside of 7.67%. PG&E has a consensus target price of $20.40, indicating a potential upside of 13.14%. Given PG&E's stronger consensus rating and higher possible upside, analysts clearly believe PG&E is more favorable than Consolidated Edison.
In the previous week, PG&E had 24 more articles in the media than Consolidated Edison. MarketBeat recorded 47 mentions for PG&E and 23 mentions for Consolidated Edison. Consolidated Edison's average media sentiment score of 0.57 beat PG&E's score of 0.51 indicating that Consolidated Edison is being referred to more favorably in the media.
66.3% of Consolidated Edison shares are owned by institutional investors. Comparatively, 78.6% of PG&E shares are owned by institutional investors. 0.2% of Consolidated Edison shares are owned by insiders. Comparatively, 0.2% of PG&E shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
PG&E beats Consolidated Edison on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ED 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 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.
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