National Grid (NYSE:NGG) Vs. EPD, TRP, KMI, WMB, ET, TRGP, WES, DCP, AM, and DTM
Should you be buying National Grid stock or one of its competitors? The main competitors of National Grid include Enterprise Products Partners (EPD), TC Energy (TRP), Kinder Morgan (KMI), Williams Companies (WMB), Energy Transfer (ET), Targa Resources (TRGP), Western Midstream Partners (WES), DCP Midstream (DCP), Antero Midstream (AM), and DT Midstream (DTM). These companies are all part of the "natural gas transmission" industry.
National Grid vs.
National Grid (NYSE:NGG) and TC Energy (NYSE:TRP) are both large-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their community ranking, valuation, risk, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.
3.8% of National Grid shares are owned by institutional investors. Comparatively, 68.9% of TC Energy shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, National Grid and National Grid both had 6 articles in the media. TC Energy's average media sentiment score of 0.31 beat National Grid's score of 0.31 indicating that TC Energy is being referred to more favorably in the news media.
TC Energy has lower revenue, but higher earnings than National Grid.
National Grid received 25 more outperform votes than TC Energy when rated by MarketBeat users. However, 68.91% of users gave TC Energy an outperform vote while only 60.37% of users gave National Grid an outperform vote.
TC Energy has a net margin of 15.35% compared to National Grid's net margin of 0.00%. TC Energy's return on equity of 15.17% beat National Grid's return on equity.
National Grid pays an annual dividend of $4.52 per share and has a dividend yield of 6.8%. TC Energy pays an annual dividend of $2.73 per share and has a dividend yield of 5.7%. TC Energy pays out 179.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
National Grid has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500. Comparatively, TC Energy has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500.
TC Energy has a consensus target price of $68.91, suggesting a potential upside of 43.14%. Given TC Energy's higher probable upside, analysts clearly believe TC Energy is more favorable than National Grid.
Summary
TC Energy beats National Grid on 10 of the 16 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding NGG 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.
National Grid (NYSE:NGG) vs. Its Competitors
National Grid Competitors List
