Comparing ITC Holdings Corp. (ITC) & Its Rivals
ITC Holdings Corp. (NYSE: ITC) is one of 83 public companies in the “Electric Utilities” industry, but how does it weigh in compared to its competitors? We will compare ITC Holdings Corp. to similar companies based on the strength of its valuation, risk, analyst recommendations, profitability, dividends, earnings and institutional ownership.
This is a breakdown of current ratings and recommmendations for ITC Holdings Corp. and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|ITC Holdings Corp.||0||1||0||0||2.00|
|ITC Holdings Corp. Competitors||692||3227||2433||52||2.29|
As a group, “Electric Utilities” companies have a potential upside of 4.97%. Given ITC Holdings Corp.’s competitors stronger consensus rating and higher probable upside, analysts plainly believe ITC Holdings Corp. has less favorable growth aspects than its competitors.
Earnings & Valuation
This table compares ITC Holdings Corp. and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|ITC Holdings Corp.||N/A||N/A||29.55|
|ITC Holdings Corp. Competitors||$7.30 billion||$2.15 billion||30.93|
ITC Holdings Corp.’s competitors have higher revenue and earnings than ITC Holdings Corp.. ITC Holdings Corp. is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares ITC Holdings Corp. and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|ITC Holdings Corp.||26.73%||16.53%||3.82%|
|ITC Holdings Corp. Competitors||-10.90%||3.28%||0.51%|
Institutional & Insider Ownership
84.2% of ITC Holdings Corp. shares are held by institutional investors. Comparatively, 65.6% of shares of all “Electric Utilities” companies are held by institutional investors. 3.2% of ITC Holdings Corp. shares are held by insiders. Comparatively, 2.9% of shares of all “Electric Utilities” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
ITC Holdings Corp. pays an annual dividend of $0.86 per share and has a dividend yield of 1.9%. ITC Holdings Corp. pays out 55.8% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.2% and pay out 104.0% of their earnings in the form of a dividend. ITC Holdings Corp. has raised its dividend for 5 consecutive years.
ITC Holdings Corp. Company Profile
ITC Holdings Corp. (ITC Holdings) is a holding company. The Company is engaged in owning, operating, maintaining and investing in transmission infrastructure. The Company’s business consists primarily of the electric transmission operations of its Regulated Operating Subsidiaries. Its Regulated Operating Subsidiaries include International Transmission Company (ITCTransmission), Michigan Electric Transmission Company, LLC (METC), ITC Midwest LLC (ITC Midwest). The operations performed by its Regulated Operating Subsidiaries fall into the various categories, such as asset planning; engineering, design and construction; maintenance, and real time operations. Its customers include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. It owns and operates high-voltage systems in Michigan’s Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma.
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