Tortoise Energy Infrastructure (NYSE: TYG) is one of 547 public companies in the “Closed End Funds” industry, but how does it contrast to its rivals? We will compare Tortoise Energy Infrastructure to related companies based on the strength of its earnings, dividends, analyst recommendations, institutional ownership, profitability, valuation and risk.

Institutional and Insider Ownership

30.1% of Tortoise Energy Infrastructure shares are held by institutional investors. Comparatively, 23.5% of shares of all “Closed End Funds” companies are held by institutional investors. 0.3% of Tortoise Energy Infrastructure shares are held by insiders. Comparatively, 4.2% of shares of all “Closed End Funds” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Tortoise Energy Infrastructure and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tortoise Energy Infrastructure N/A N/A N/A
Tortoise Energy Infrastructure Competitors -17.23% 7.42% 5.73%

Dividends

Tortoise Energy Infrastructure pays an annual dividend of $2.62 per share and has a dividend yield of 10.3%. Tortoise Energy Infrastructure pays out -18.8% of its earnings in the form of a dividend. As a group, “Closed End Funds” companies pay a dividend yield of 7.6% and pay out 126.4% of their earnings in the form of a dividend. Tortoise Energy Infrastructure is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Volatility & Risk

Tortoise Energy Infrastructure has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500. Comparatively, Tortoise Energy Infrastructure’s rivals have a beta of 0.55, suggesting that their average share price is 45% less volatile than the S&P 500.

Earnings & Valuation

This table compares Tortoise Energy Infrastructure and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Tortoise Energy Infrastructure N/A N/A -1.82
Tortoise Energy Infrastructure Competitors $238.17 million $44.95 million 177.63

Tortoise Energy Infrastructure’s rivals have higher revenue and earnings than Tortoise Energy Infrastructure. Tortoise Energy Infrastructure is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current recommendations and price targets for Tortoise Energy Infrastructure and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tortoise Energy Infrastructure 0 0 1 0 3.00
Tortoise Energy Infrastructure Competitors 237 1579 1942 33 2.47

Tortoise Energy Infrastructure currently has a consensus target price of $34.00, suggesting a potential upside of 34.12%. As a group, “Closed End Funds” companies have a potential upside of 79.38%. Given Tortoise Energy Infrastructure’s rivals higher probable upside, analysts plainly believe Tortoise Energy Infrastructure has less favorable growth aspects than its rivals.

Summary

Tortoise Energy Infrastructure beats its rivals on 7 of the 13 factors compared.

About Tortoise Energy Infrastructure

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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