PNM vs. OTTR, POR, IDA, HE, OGE, PNW, BKH, ELP, PAM, and ENIC
Should you be buying PNM Resources stock or one of its competitors? The main competitors of PNM Resources include Otter Tail (OTTR), Portland General Electric (POR), IDACORP (IDA), Hawaiian Electric Industries (HE), OGE Energy (OGE), Pinnacle West Capital (PNW), Black Hills (BKH), Companhia Paranaense de Energia - COPEL (ELP), Pampa Energía (PAM), and Enel Chile (ENIC). These companies are all part of the "electric services" industry.
PNM Resources (NYSE:PNM) and Otter Tail (NASDAQ:OTTR) are both mid-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, media sentiment, risk, profitability and community ranking.
PNM Resources pays an annual dividend of $1.55 per share and has a dividend yield of 4.3%. Otter Tail pays an annual dividend of $1.87 per share and has a dividend yield of 2.2%. PNM Resources pays out 150.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Otter Tail pays out 26.7% of its earnings in the form of a dividend.
PNM Resources has a beta of 0.35, meaning that its stock price is 65% less volatile than the S&P 500. Comparatively, Otter Tail has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500.
91.7% of PNM Resources shares are owned by institutional investors. Comparatively, 61.3% of Otter Tail shares are owned by institutional investors. 1.3% of PNM Resources shares are owned by insiders. Comparatively, 2.3% of Otter Tail shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Otter Tail has a net margin of 21.81% compared to PNM Resources' net margin of 4.54%. Otter Tail's return on equity of 21.64% beat PNM Resources' return on equity.
PNM Resources currently has a consensus price target of $46.80, indicating a potential upside of 28.82%. Otter Tail has a consensus price target of $68.00, indicating a potential downside of 20.53%. Given PNM Resources' stronger consensus rating and higher probable upside, equities analysts clearly believe PNM Resources is more favorable than Otter Tail.
PNM Resources received 152 more outperform votes than Otter Tail when rated by MarketBeat users. Likewise, 60.63% of users gave PNM Resources an outperform vote while only 60.10% of users gave Otter Tail an outperform vote.
In the previous week, Otter Tail had 1 more articles in the media than PNM Resources. MarketBeat recorded 7 mentions for Otter Tail and 6 mentions for PNM Resources. PNM Resources' average media sentiment score of 1.08 beat Otter Tail's score of 0.36 indicating that PNM Resources is being referred to more favorably in the media.
Otter Tail has lower revenue, but higher earnings than PNM Resources. Otter Tail is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
Summary
PNM Resources and Otter Tail tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PNM 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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