EVRG vs. NI, LNT, CMS, AEE, ALE, NWE, WEC, XEL, ED, and PEG
Should you be buying Evergy stock or one of its competitors? The main competitors of Evergy include NiSource (NI), Alliant Energy (LNT), CMS Energy (CMS), Ameren (AEE), ALLETE (ALE), NorthWestern Energy Group (NWE), WEC Energy Group (WEC), Xcel Energy (XEL), Consolidated Edison (ED), and Public Service Enterprise Group (PEG). These companies are all part of the "electric & other services combined" industry.
Evergy (NYSE:EVRG) and NiSource (NYSE:NI) are both large-cap utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, community ranking, risk, dividends, earnings, valuation, media sentiment, profitability and analyst recommendations.
Evergy currently has a consensus target price of $56.00, suggesting a potential upside of 0.50%. NiSource has a consensus target price of $29.43, suggesting a potential upside of 1.83%. Given NiSource's stronger consensus rating and higher possible upside, analysts clearly believe NiSource is more favorable than Evergy.
Evergy pays an annual dividend of $2.57 per share and has a dividend yield of 4.6%. NiSource pays an annual dividend of $1.06 per share and has a dividend yield of 3.7%. Evergy pays out 80.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NiSource pays out 72.1% of its earnings in the form of a dividend.
Evergy has a net margin of 13.28% compared to NiSource's net margin of 12.98%. NiSource's return on equity of 10.10% beat Evergy's return on equity.
NiSource received 293 more outperform votes than Evergy when rated by MarketBeat users. However, 58.37% of users gave Evergy an outperform vote while only 54.04% of users gave NiSource an outperform vote.
In the previous week, Evergy had 75 more articles in the media than NiSource. MarketBeat recorded 105 mentions for Evergy and 30 mentions for NiSource. NiSource's average media sentiment score of 0.67 beat Evergy's score of 0.13 indicating that NiSource is being referred to more favorably in the news media.
Evergy has higher revenue and earnings than NiSource. Evergy is trading at a lower price-to-earnings ratio than NiSource, indicating that it is currently the more affordable of the two stocks.
87.2% of Evergy shares are held by institutional investors. Comparatively, 91.6% of NiSource shares are held by institutional investors. 0.5% of Evergy shares are held by insiders. Comparatively, 0.1% of NiSource shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Evergy has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500. Comparatively, NiSource has a beta of 0.49, indicating that its share price is 51% less volatile than the S&P 500.
Summary
Evergy and NiSource 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 EVRG 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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