WEC vs. PEG, ED, AEE, PCG, CMS, NI, XEL, EXC, LNT, and DUK
Should you be buying WEC Energy Group stock or one of its competitors? The main competitors of WEC Energy Group include Public Service Enterprise Group (PEG), Consolidated Edison (ED), Ameren (AEE), PG&E (PCG), CMS Energy (CMS), NiSource (NI), Xcel Energy (XEL), Exelon (EXC), Alliant Energy (LNT), and Duke Energy (DUK). These companies are all part of the "electric & other services combined" industry.
WEC Energy Group vs.
Public Service Enterprise Group (NYSE:PEG) and WEC Energy Group (NYSE:WEC) are both large-cap utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, media sentiment, risk, community ranking, earnings, profitability, valuation, dividends and institutional ownership.
Public Service Enterprise Group received 85 more outperform votes than WEC Energy Group when rated by MarketBeat users. Likewise, 57.36% of users gave Public Service Enterprise Group an outperform vote while only 54.74% of users gave WEC Energy Group an outperform vote.
Public Service Enterprise Group has a beta of 0.55, indicating that its share price is 45% less volatile than the S&P 500. Comparatively, WEC Energy Group has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500.
WEC Energy Group has a net margin of 14.68% compared to Public Service Enterprise Group's net margin of 10.52%. Public Service Enterprise Group's return on equity of 12.88% beat WEC Energy Group's return on equity.
WEC Energy Group has lower revenue, but higher earnings than Public Service Enterprise Group. WEC Energy Group is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.
Public Service Enterprise Group currently has a consensus target price of $66.56, suggesting a potential upside of 16.50%. WEC Energy Group has a consensus target price of $98.78, suggesting a potential upside of 8.99%. Given Public Service Enterprise Group's stronger consensus rating and higher possible upside, research analysts plainly believe Public Service Enterprise Group is more favorable than WEC Energy Group.
70.7% of Public Service Enterprise Group shares are held by institutional investors. Comparatively, 74.1% of WEC Energy Group shares are held by institutional investors. 0.6% of Public Service Enterprise Group shares are held by company insiders. Comparatively, 0.3% of WEC Energy Group shares are held by company 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.
Public Service Enterprise Group pays an annual dividend of $2.28 per share and has a dividend yield of 4.0%. WEC Energy Group pays an annual dividend of $3.12 per share and has a dividend yield of 3.4%. Public Service Enterprise Group pays out 110.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. WEC Energy Group pays out 70.0% of its earnings in the form of a dividend. Public Service Enterprise Group has increased its dividend for 12 consecutive years and WEC Energy Group has increased its dividend for 19 consecutive years.
In the previous week, Public Service Enterprise Group had 13 more articles in the media than WEC Energy Group. MarketBeat recorded 22 mentions for Public Service Enterprise Group and 9 mentions for WEC Energy Group. WEC Energy Group's average media sentiment score of 1.04 beat Public Service Enterprise Group's score of 0.43 indicating that WEC Energy Group is being referred to more favorably in the news media.
Summary
Public Service Enterprise Group beats WEC Energy Group on 13 of the 21 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding WEC 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.
WEC Energy Group Competitors List
