EMA vs. H, FTS, BEP.UN, BIP.UN, BEPC, CU, BIPC, AQN, NPI, and CPX
Should you be buying Emera stock or one of its competitors? The main competitors of Emera include Hydro One (H), Fortis (FTS), Brookfield Renewable Partners (BEP.UN), Brookfield Infrastructure Partners (BIP.UN), Brookfield Renewable (BEPC), Canadian Utilities (CU), Brookfield Infrastructure (BIPC), Algonquin Power & Utilities (AQN), Northland Power (NPI), and Capital Power (CPX). These companies are all part of the "utilities" sector.
Emera (TSE:EMA) and Hydro One (TSE:H) are both large-cap utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, institutional ownership, community ranking, dividends, media sentiment and earnings.
Emera received 95 more outperform votes than Hydro One when rated by MarketBeat users. However, 64.93% of users gave Hydro One an outperform vote while only 58.61% of users gave Emera an outperform vote.
Hydro One has a net margin of 13.83% compared to Emera's net margin of 13.80%. Hydro One's return on equity of 9.45% beat Emera's return on equity.
Emera currently has a consensus target price of C$54.09, suggesting a potential upside of 7.26%. Hydro One has a consensus target price of C$39.83, suggesting a potential downside of 0.86%. Given Emera's stronger consensus rating and higher probable upside, equities research analysts plainly believe Emera is more favorable than Hydro One.
30.8% of Emera shares are owned by institutional investors. Comparatively, 21.8% of Hydro One shares are owned by institutional investors. 0.1% of Emera shares are owned by company insiders. Comparatively, 47.2% of Hydro One shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Emera pays an annual dividend of C$2.87 per share and has a dividend yield of 5.7%. Hydro One pays an annual dividend of C$1.19 per share and has a dividend yield of 3.0%. Emera pays out 80.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Hydro One pays out 65.7% of its earnings in the form of a dividend.
Emera has a beta of 0.28, suggesting that its share price is 72% less volatile than the S&P 500. Comparatively, Hydro One has a beta of 0.29, suggesting that its share price is 71% less volatile than the S&P 500.
Hydro One has higher revenue and earnings than Emera. Emera is trading at a lower price-to-earnings ratio than Hydro One, indicating that it is currently the more affordable of the two stocks.
In the previous week, Emera had 7 more articles in the media than Hydro One. MarketBeat recorded 25 mentions for Emera and 18 mentions for Hydro One. Hydro One's average media sentiment score of 0.24 beat Emera's score of 0.02 indicating that Hydro One is being referred to more favorably in the news media.
Summary
Hydro One beats Emera on 12 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding EMA 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 TSE 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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