Tortoise Energy Infrastructure Corp. (TYG) & MCG Capital Corp (NASDAQ:MCGC) Critical Survey
MCG Capital Corp (NASDAQ: MCGC) and Tortoise Energy Infrastructure Corp. (NYSE:TYG) are both financials companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, earnings, dividends, institutional ownership, profitability and analyst recommendations.
Institutional & Insider Ownership
34.2% of Tortoise Energy Infrastructure Corp. shares are owned by institutional investors. 0.3% of Tortoise Energy Infrastructure Corp. shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This table compares MCG Capital Corp and Tortoise Energy Infrastructure Corp.’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|MCG Capital Corp||-9.19%||-0.34%||-0.33%|
|Tortoise Energy Infrastructure Corp.||N/A||76.07%||40.68%|
Earnings and Valuation
This table compares MCG Capital Corp and Tortoise Energy Infrastructure Corp.’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|MCG Capital Corp||N/A||N/A||N/A||N/A||N/A|
|Tortoise Energy Infrastructure Corp.||N/A||N/A||N/A||N/A||N/A|
Tortoise Energy Infrastructure Corp. pays an annual dividend of $2.62 per share and has a dividend yield of 9.2%. MCG Capital Corp does not pay a dividend.
This is a summary of current ratings and price targets for MCG Capital Corp and Tortoise Energy Infrastructure Corp., as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|MCG Capital Corp||0||0||0||0||N/A|
|Tortoise Energy Infrastructure Corp.||0||0||1||0||3.00|
Tortoise Energy Infrastructure Corp. has a consensus price target of $34.00, indicating a potential upside of 19.80%. Given Tortoise Energy Infrastructure Corp.’s higher probable upside, analysts clearly believe Tortoise Energy Infrastructure Corp. is more favorable than MCG Capital Corp.
Tortoise Energy Infrastructure Corp. beats MCG Capital Corp on 8 of the 8 factors compared between the two stocks.
About MCG Capital Corp
PFLT Funding II, LLC, formerly MCG Capital Corporation, is a United States-based company. The Company provides products and services.
About Tortoise Energy Infrastructure Corp.
Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products. Under normal circumstances, the Fund invests at least 90% of its total assets (including assets obtained through leverage) in securities of energy infrastructure companies and at least 70% of its total assets in equity securities of MLPs. The Fund may invest up to 30% of its total assets in restricted securities, primarily through direct placements. The Fund may invest up to 25% of its total assets in debt securities, including those rated below investment grade. Tortoise Capital Advisors, L.L.C. is the investment advisor of the Fund.
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