Public Service Enterprise Group (NYSE:PEG – Get Free Report) and Caribbean Utilities (OTCMKTS:CUPUF – Get Free Report) are both utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, risk, earnings, institutional ownership, analyst recommendations, valuation and profitability.
Public Service Enterprise Group pays an annual dividend of $2.28 per share and has a dividend yield of 3.7%. Caribbean Utilities pays an annual dividend of $0.66 per share and has a dividend yield of 5.7%. Public Service Enterprise Group pays out 40.6% of its earnings in the form of a dividend. Caribbean Utilities pays out 94.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Public Service Enterprise Group has increased its dividend for 12 consecutive years.
Valuation and Earnings
This table compares Public Service Enterprise Group and Caribbean Utilities’ gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Public Service Enterprise Group||$9.80 billion||3.13||$1.03 billion||$5.61||10.98|
Insider and Institutional Ownership
72.3% of Public Service Enterprise Group shares are owned by institutional investors. Comparatively, 0.1% of Caribbean Utilities shares are owned by institutional investors. 0.6% of Public Service Enterprise Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
This table compares Public Service Enterprise Group and Caribbean Utilities’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Public Service Enterprise Group||23.83%||12.20%||3.63%|
This is a breakdown of current ratings and price targets for Public Service Enterprise Group and Caribbean Utilities, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Public Service Enterprise Group||0||5||6||0||2.55|
Public Service Enterprise Group presently has a consensus target price of $64.05, indicating a potential upside of 3.96%. Given Public Service Enterprise Group’s higher probable upside, research analysts plainly believe Public Service Enterprise Group is more favorable than Caribbean Utilities.
Public Service Enterprise Group beats Caribbean Utilities on 11 of the 13 factors compared between the two stocks.
About Public Service Enterprise Group
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
About Caribbean Utilities
Caribbean Utilities Company, Ltd. generates and distributes electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 375 circuit miles of overhead and 111 circuit miles of underground high-voltage transmission and distribution powerlines, and 15 circuit miles of high-voltage submarine transmission cables. The company also provides telecommunication services. The company was incorporated in 1966 and is headquartered in Grand Cayman, the Cayman Islands. Caribbean Utilities Company, Ltd. operates as a subsidiary of Fortis Energy (Bermuda) Ltd.
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