EMA vs. FTS, H, CUP.U, KWH.UN, BIP.UN, BEP.UN, BEPC, CU, BIPC, and NPI
Should you be buying Emera stock or one of its competitors? The main competitors of Emera include Fortis (FTS), Hydro One (H), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Brookfield Infrastructure Partners (BIP.UN), Brookfield Renewable Partners (BEP.UN), Brookfield Renewable (BEPC), Canadian Utilities (CU), Brookfield Infrastructure (BIPC), and Northland Power (NPI). These companies are all part of the "utilities" sector.
Emera (TSE:EMA) and Fortis (TSE:FTS) are both large-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, community ranking, media sentiment, profitability, dividends, valuation, analyst recommendations and institutional ownership.
Fortis has a net margin of 14.11% compared to Emera's net margin of 9.69%. Fortis' return on equity of 7.38% beat Emera's return on equity.
In the previous week, Emera had 13 more articles in the media than Fortis. MarketBeat recorded 15 mentions for Emera and 2 mentions for Fortis. Fortis' average media sentiment score of 0.28 beat Emera's score of -0.06 indicating that Fortis is being referred to more favorably in the news media.
Emera currently has a consensus target price of C$51.80, indicating a potential upside of 9.14%. Fortis has a consensus target price of C$57.38, indicating a potential upside of 5.26%. Given Emera's stronger consensus rating and higher probable upside, research analysts plainly believe Emera is more favorable than Fortis.
Fortis has higher revenue and earnings than Emera. Fortis is trading at a lower price-to-earnings ratio than Emera, indicating that it is currently the more affordable of the two stocks.
Emera pays an annual dividend of C$2.87 per share and has a dividend yield of 6.0%. Fortis pays an annual dividend of C$2.36 per share and has a dividend yield of 4.3%. 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. Fortis pays out 75.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Fortis received 139 more outperform votes than Emera when rated by MarketBeat users. Likewise, 67.67% of users gave Fortis an outperform vote while only 58.59% of users gave Emera an outperform vote.
30.9% of Emera shares are held by institutional investors. Comparatively, 58.0% of Fortis shares are held by institutional investors. 0.1% of Emera shares are held by insiders. Comparatively, 0.0% of Fortis shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Emera has a beta of 0.28, indicating that its stock price is 72% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.18, indicating that its stock price is 82% less volatile than the S&P 500.
Summary
Fortis 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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