Companhia Energetica de Minas Gers CEMIG (NYSE: CIG) and Eversource Energy (NYSE:ES) are both utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends and risk.
Companhia Energetica de Minas Gers CEMIG pays an annual dividend of $0.06 per share and has a dividend yield of 2.4%. Eversource Energy pays an annual dividend of $2.02 per share and has a dividend yield of 3.6%. Eversource Energy pays out 65.0% of its earnings in the form of a dividend. Companhia Energetica de Minas Gers CEMIG has raised its dividend for 2 consecutive years.
Companhia Energetica de Minas Gers CEMIG has a beta of 1.86, meaning that its stock price is 86% more volatile than the S&P 500. Comparatively, Eversource Energy has a beta of 0.37, meaning that its stock price is 63% less volatile than the S&P 500.
Institutional and Insider Ownership
2.2% of Companhia Energetica de Minas Gers CEMIG shares are owned by institutional investors. Comparatively, 73.8% of Eversource Energy shares are owned by institutional investors. 0.5% of Eversource Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
This table compares Companhia Energetica de Minas Gers CEMIG and Eversource Energy’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Companhia Energetica de Minas Gers CEMIG||0.46%||0.70%||0.22%|
This is a summary of current ratings and price targets for Companhia Energetica de Minas Gers CEMIG and Eversource Energy, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Companhia Energetica de Minas Gers CEMIG||0||1||2||0||2.67|
Companhia Energetica de Minas Gers CEMIG presently has a consensus target price of $2.80, indicating a potential upside of 10.67%. Eversource Energy has a consensus target price of $62.04, indicating a potential upside of 9.25%. Given Companhia Energetica de Minas Gers CEMIG’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Companhia Energetica de Minas Gers CEMIG is more favorable than Eversource Energy.
Valuation and Earnings
This table compares Companhia Energetica de Minas Gers CEMIG and Eversource Energy’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Companhia Energetica de Minas Gers CEMIG||$5.77 billion||0.55||$95.75 million||N/A||N/A|
|Eversource Energy||$7.75 billion||2.32||$987.99 million||$3.11||18.26|
Eversource Energy has higher revenue and earnings than Companhia Energetica de Minas Gers CEMIG.
Eversource Energy beats Companhia Energetica de Minas Gers CEMIG on 10 of the 15 factors compared between the two stocks.
Companhia Energetica de Minas Gers CEMIG Company Profile
Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company’s segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation. Its electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. It is also engaged in businesses, such as telecommunications, energy solutions consulting, and acquisition, transport and distribution of gas and its subproducts and derivatives.
Eversource Energy Company Profile
Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company’s electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire and the regulated electric generation businesses. Its electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. Its electric distribution segment consists of the distribution businesses of The Connecticut Light and Power Company (CL&P), NSTAR Electric Company (NSTAR Electric), Public Service Company of New Hampshire (PSNH) and Western Massachusetts Electric Company (WMECO). It also provides water utility services through its subsidiary, Aquarion.
Receive News & Ratings for Companhia Energetica de Minas Gers CEMIG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Energetica de Minas Gers CEMIG and related companies with MarketBeat.com's FREE daily email newsletter.