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.
NiSource (NYSE:NI) and Evergy (NYSE:EVRG) are both large-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, media sentiment, dividends, profitability, community ranking and analyst recommendations.
NiSource has a beta of 0.49, indicating that its stock price is 51% less volatile than the S&P 500. Comparatively, Evergy has a beta of 0.57, indicating that its stock price is 43% less volatile than the S&P 500.
91.6% of NiSource shares are owned by institutional investors. Comparatively, 87.2% of Evergy shares are owned by institutional investors. 0.1% of NiSource shares are owned by company insiders. Comparatively, 3.3% of Evergy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
NiSource pays an annual dividend of $1.06 per share and has a dividend yield of 3.7%. Evergy pays an annual dividend of $2.57 per share and has a dividend yield of 4.7%. NiSource pays out 72.1% of its earnings in the form of a dividend. 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 has increased its dividend for 13 consecutive years and Evergy has increased its dividend for 19 consecutive years. Evergy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
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.
In the previous week, Evergy had 81 more articles in the media than NiSource. MarketBeat recorded 104 mentions for Evergy and 23 mentions for NiSource. Evergy's average media sentiment score of 0.67 beat NiSource's score of 0.13 indicating that NiSource is being referred to more favorably in the media.
NiSource currently has a consensus price target of $29.00, suggesting a potential upside of 1.05%. Evergy has a consensus price target of $56.00, suggesting a potential upside of 2.62%. Given NiSource's higher probable upside, analysts plainly believe Evergy is more favorable than NiSource.
NiSource received 291 more outperform votes than Evergy when rated by MarketBeat users. However, 58.37% of users gave Evergy an outperform vote while only 53.92% of users gave NiSource an outperform vote.
Evergy has a net margin of 13.28% compared to Evergy's net margin of 12.98%. Evergy's return on equity of 10.10% beat NiSource's return on equity.
Summary
Evergy beats NiSource on 13 of the 21 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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