Head to Head Review: SCANA (NYSE:SCG) vs. Innergex Renewable Energy (NYSE:INGXF)

Innergex Renewable Energy (OTCMKTS:INGXF) and SCANA (NYSE:SCG) are both utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, valuation, profitability and risk.

Volatility & Risk

Innergex Renewable Energy has a beta of 0.67, meaning that its stock price is 33% less volatile than the S&P 500. Comparatively, SCANA has a beta of 0.03, meaning that its stock price is 97% less volatile than the S&P 500.

Dividends

Innergex Renewable Energy pays an annual dividend of $0.52 per share and has a dividend yield of 4.6%. SCANA pays an annual dividend of $0.49 per share and has a dividend yield of 1.0%. SCANA pays out 11.7% of its earnings in the form of a dividend.

Earnings & Valuation

This table compares Innergex Renewable Energy and SCANA’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Innergex Renewable Energy $436.35 million 3.46 $25.22 million N/A N/A
SCANA $4.41 billion 1.55 -$119.00 million $4.20 11.38

Innergex Renewable Energy has higher earnings, but lower revenue than SCANA.

Insider & Institutional Ownership

68.5% of SCANA shares are owned by institutional investors. 0.4% of SCANA shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and target prices for Innergex Renewable Energy and SCANA, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innergex Renewable Energy 0 0 0 0 N/A
SCANA 0 4 2 0 2.33

SCANA has a consensus price target of $47.50, indicating a potential downside of 0.59%. Given SCANA’s higher possible upside, analysts clearly believe SCANA is more favorable than Innergex Renewable Energy.

Profitability

This table compares Innergex Renewable Energy and SCANA’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Innergex Renewable Energy 5.78% 2.80% 0.39%
SCANA -4.89% 10.04% 2.53%

About Innergex Renewable Energy

Innergex Renewable Energy, Inc. engages in the development, acquisition, and operations of run-of-river hydroelectric facilities, wind farms, solar photovoltaic farms, and geothermal power generation plants. It operates through the following segments: Hydroelectric Generation, Wind Power Generation, Solar Power Generation, and Site Development. The Hydroelectric Generation, Wind Power Generation, and Solar Power Generation segments sells electricity products to publicly owned utilities and other creditworthy counterparties. The Site Development segment analyzes potential locations. The company was founded on October 25, 2002 and is headquartered in Longueuil, Canada.

About SCANA

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in the United States. The company owns nuclear, coal, hydro, natural gas, oil, biomass, and solar generating facilities. It also purchases, sells, and transports natural gas; and offers energy-related services. As of December 31, 2017, the company provided electricity to approximately 719,000 customers; and natural gas to approximately 931,000 retail customers in South Carolina and North Carolina, as well as marketed natural gas to approximately 425,000 customers in Georgia. It serves municipalities, electric cooperatives, other investor-owned utilities, registered marketers, and federal and state electric agencies, as well as chemical, educational service, paper product, food product, lumber and wood product, health service, textile manufacturing, rubber and miscellaneous plastic product, automotive and tire, and fabricated metal product industries. The company was founded in 1924 and is based in Cayce, South Carolina.

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