MGEE vs. AVA, CWT, AWR, PAM, NWE, MYRG, PRMW, CPK, PNM, and SR
Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include Avista (AVA), California Water Service Group (CWT), American States Water (AWR), Pampa Energía (PAM), NorthWestern Energy Group (NWE), MYR Group (MYRG), Primo Water (PRMW), Chesapeake Utilities (CPK), PNM Resources (PNM), and Spire (SR). These companies are all part of the "utilities" sector.
Avista (NYSE:AVA) and MGE Energy (NASDAQ:MGEE) are both mid-cap utilities companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, risk, media sentiment, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.
85.2% of Avista shares are held by institutional investors. Comparatively, 52.6% of MGE Energy shares are held by institutional investors. 1.0% of Avista shares are held by company insiders. Comparatively, 0.2% of MGE Energy shares are held by company 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.
Avista received 19 more outperform votes than MGE Energy when rated by MarketBeat users. However, 55.81% of users gave MGE Energy an outperform vote while only 47.86% of users gave Avista an outperform vote.
Avista currently has a consensus target price of $35.00, suggesting a potential downside of 6.91%. MGE Energy has a consensus target price of $62.00, suggesting a potential downside of 22.59%. Given MGE Energy's stronger consensus rating and higher possible upside, equities research analysts plainly believe Avista is more favorable than MGE Energy.
Avista has a beta of 0.48, meaning that its share price is 52% less volatile than the S&P 500. Comparatively, MGE Energy has a beta of 0.72, meaning that its share price is 28% less volatile than the S&P 500.
Avista has higher revenue and earnings than MGE Energy. Avista is trading at a lower price-to-earnings ratio than MGE Energy, indicating that it is currently the more affordable of the two stocks.
MGE Energy has a net margin of 17.05% compared to MGE Energy's net margin of 9.96%. Avista's return on equity of 10.49% beat MGE Energy's return on equity.
Avista pays an annual dividend of $1.90 per share and has a dividend yield of 5.1%. MGE Energy pays an annual dividend of $1.71 per share and has a dividend yield of 2.1%. Avista pays out 78.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. MGE Energy pays out 52.6% of its earnings in the form of a dividend. Avista has increased its dividend for 22 consecutive years and MGE Energy has increased its dividend for 48 consecutive years.
In the previous week, Avista had 12 more articles in the media than MGE Energy. MarketBeat recorded 15 mentions for Avista and 3 mentions for MGE Energy. Avista's average media sentiment score of 1.87 beat MGE Energy's score of 0.21 indicating that MGE Energy is being referred to more favorably in the news media.
Summary
MGE Energy beats Avista 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 MGEE 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 NASDAQ 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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