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.
Hydro One (TSE:H) and Emera (TSE:EMA) are both large-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, valuation, community ranking, institutional ownership, earnings, profitability, risk, analyst recommendations and dividends.
Hydro One has a net margin of 13.81% compared to Hydro One's net margin of 9.69%. Emera's return on equity of 9.45% beat Hydro One's return on equity.
Hydro One pays an annual dividend of C$1.26 per share and has a dividend yield of 3.2%. Emera pays an annual dividend of C$2.87 per share and has a dividend yield of 6.0%. Hydro One pays out 68.9% of its earnings in the form of a dividend. Emera pays out 128.7% 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 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.
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 beta of 0.29, suggesting that its share price is 71% less volatile than the S&P 500. Comparatively, Emera has a beta of 0.28, suggesting that its share price is 72% less volatile than the S&P 500.
In the previous week, Hydro One had 3 more articles in the media than Emera. MarketBeat recorded 7 mentions for Hydro One and 4 mentions for Emera. Hydro One's average media sentiment score of 0.61 beat Emera's score of 0.24 indicating that Emera is being referred to more favorably in the news media.
21.9% of Hydro One shares are owned by institutional investors. Comparatively, 30.9% of Emera shares are owned by institutional investors. 47.1% of Hydro One shares are owned by insiders. Comparatively, 0.1% of Emera shares are owned 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.
Hydro One currently has a consensus price target of C$39.83, indicating a potential upside of 1.15%. Emera has a consensus price target of C$53.50, indicating a potential upside of 12.16%. Given Hydro One's stronger consensus rating and higher possible upside, analysts plainly believe Emera is more favorable than Hydro One.
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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