CNP vs. DTE, D, FTS, EBR, PPL, NRG, ES, FE, AGR, and ETR
Should you be buying CenterPoint Energy stock or one of its competitors? The main competitors of CenterPoint Energy include DTE Energy (DTE), Dominion Energy (D), Fortis (FTS), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), PPL (PPL), NRG Energy (NRG), Eversource Energy (ES), FirstEnergy (FE), Avangrid (AGR), and Entergy (ETR). These companies are all part of the "electric services" industry.
DTE Energy (NYSE:DTE) and CenterPoint Energy (NYSE:CNP) are both large-cap utilities companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, earnings, analyst recommendations, community ranking, risk, media sentiment, profitability, valuation and institutional ownership.
76.1% of DTE Energy shares are held by institutional investors. Comparatively, 91.8% of CenterPoint Energy shares are held by institutional investors. 0.6% of DTE Energy shares are held by insiders. Comparatively, 0.2% of CenterPoint Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
DTE Energy has higher revenue and earnings than CenterPoint Energy. DTE Energy is trading at a lower price-to-earnings ratio than CenterPoint Energy, indicating that it is currently the more affordable of the two stocks.
DTE Energy presently has a consensus price target of $115.50, indicating a potential upside of 2.39%. CenterPoint Energy has a consensus price target of $30.18, indicating a potential upside of 2.52%. Given DTE Energy's higher probable upside, analysts plainly believe CenterPoint Energy is more favorable than DTE Energy.
DTE Energy has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500. Comparatively, CenterPoint Energy has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500.
DTE Energy pays an annual dividend of $4.08 per share and has a dividend yield of 3.6%. CenterPoint Energy pays an annual dividend of $0.80 per share and has a dividend yield of 2.7%. DTE Energy pays out 66.8% of its earnings in the form of a dividend. CenterPoint Energy pays out 56.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. DTE Energy has raised its dividend for 15 consecutive years and CenterPoint Energy has raised its dividend for 3 consecutive years. DTE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, CenterPoint Energy had 8 more articles in the media than DTE Energy. MarketBeat recorded 21 mentions for CenterPoint Energy and 13 mentions for DTE Energy. DTE Energy's average media sentiment score of 0.96 beat CenterPoint Energy's score of 0.86 indicating that CenterPoint Energy is being referred to more favorably in the news media.
DTE Energy received 18 more outperform votes than CenterPoint Energy when rated by MarketBeat users. Likewise, 58.30% of users gave DTE Energy an outperform vote while only 56.20% of users gave CenterPoint Energy an outperform vote.
CenterPoint Energy has a net margin of 11.03% compared to CenterPoint Energy's net margin of 10.36%. CenterPoint Energy's return on equity of 11.53% beat DTE Energy's return on equity.
Summary
DTE Energy beats CenterPoint Energy on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CNP 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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