TAC vs. OGE, BEP, CIG, CWEN, BEPC, IDA, POR, AQN, ORA, and BKH
Should you be buying TransAlta stock or one of its competitors? The main competitors of TransAlta include OGE Energy (OGE), Brookfield Renewable Partners (BEP), CEMIG (CIG), Clearway Energy (CWEN), Brookfield Renewable (BEPC), IDACORP (IDA), Portland General Electric (POR), Algonquin Power & Utilities (AQN), Ormat Technologies (ORA), and Black Hills (BKH). These companies are all part of the "electric services" industry.
OGE Energy (NYSE:OGE) and TransAlta (NYSE:TAC) are both mid-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, community ranking, earnings, dividends, media sentiment, risk, valuation, institutional ownership and analyst recommendations.
TransAlta has lower revenue, but higher earnings than OGE Energy. TransAlta is trading at a lower price-to-earnings ratio than OGE Energy, indicating that it is currently the more affordable of the two stocks.
TransAlta has a net margin of 18.70% compared to TransAlta's net margin of 14.63%. OGE Energy's return on equity of 45.47% beat TransAlta's return on equity.
OGE Energy received 12 more outperform votes than TransAlta when rated by MarketBeat users. However, 54.90% of users gave TransAlta an outperform vote while only 50.78% of users gave OGE Energy an outperform vote.
In the previous week, OGE Energy and OGE Energy both had 12 articles in the media. OGE Energy's average media sentiment score of 0.95 beat TransAlta's score of 0.92 indicating that TransAlta is being referred to more favorably in the news media.
OGE Energy currently has a consensus target price of $33.60, indicating a potential downside of 12.34%. Given TransAlta's higher probable upside, equities research analysts plainly believe OGE Energy is more favorable than TransAlta.
71.8% of OGE Energy shares are held by institutional investors. Comparatively, 59.0% of TransAlta shares are held by institutional investors. 0.5% of OGE Energy shares are held by company insiders. Comparatively, 13.1% of TransAlta shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
OGE Energy has a beta of 0.74, indicating that its stock price is 26% less volatile than the S&P 500. Comparatively, TransAlta has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.
OGE Energy pays an annual dividend of $1.67 per share and has a dividend yield of 4.4%. TransAlta pays an annual dividend of $0.18 per share and has a dividend yield of 2.5%. OGE Energy pays out 84.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TransAlta pays out 11.6% of its earnings in the form of a dividend. OGE Energy has raised its dividend for 17 consecutive years. OGE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
TransAlta beats OGE Energy on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TAC 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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