NXG NextGen Infrastructure Income Fund (NYSE:NXG – Get Free Report) is one of 1,249 publicly-traded companies in the “Asset Management” industry, but how does it contrast to its rivals? We will compare NXG NextGen Infrastructure Income Fund to related businesses based on the strength of its risk, dividends, earnings, valuation, institutional ownership, analyst recommendations and profitability.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for NXG NextGen Infrastructure Income Fund and its rivals, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NXG NextGen Infrastructure Income Fund | 0 | 0 | 0 | 0 | N/A |
NXG NextGen Infrastructure Income Fund Competitors | 1052 | 4546 | 5897 | 83 | 2.43 |
As a group, “Asset Management” companies have a potential upside of 71.98%. Given NXG NextGen Infrastructure Income Fund’s rivals higher probable upside, analysts clearly believe NXG NextGen Infrastructure Income Fund has less favorable growth aspects than its rivals.
Dividends
NXG NextGen Infrastructure Income Fund pays an annual dividend of $5.13 per share and has a dividend yield of 13.5%. NXG NextGen Infrastructure Income Fund pays out -2,137.5% of its earnings in the form of a dividend. As a group, “Asset Management” companies pay a dividend yield of 7.5% and pay out 496.1% of their earnings in the form of a dividend. NXG NextGen Infrastructure Income Fund has raised its dividend for 1 consecutive years. NXG NextGen Infrastructure Income Fund is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.
Insider and Institutional Ownership
38.6% of shares of all “Asset Management” companies are owned by institutional investors. 18.6% of shares of all “Asset Management” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Profitability
This table compares NXG NextGen Infrastructure Income Fund and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NXG NextGen Infrastructure Income Fund | N/A | N/A | N/A |
NXG NextGen Infrastructure Income Fund Competitors | 345.26% | 7.65% | 4.94% |
Valuation and Earnings
This table compares NXG NextGen Infrastructure Income Fund and its rivals revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
NXG NextGen Infrastructure Income Fund | -$28.13 million | N/A | -158.33 |
NXG NextGen Infrastructure Income Fund Competitors | $332.82 million | $45.73 million | 492.51 |
NXG NextGen Infrastructure Income Fund’s rivals have higher revenue and earnings than NXG NextGen Infrastructure Income Fund. NXG NextGen Infrastructure Income Fund 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.
Summary
NXG NextGen Infrastructure Income Fund rivals beat NXG NextGen Infrastructure Income Fund on 8 of the 10 factors compared.
NXG NextGen Infrastructure Income Fund Company Profile
NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies. NXG NextGen Infrastructure Income Fund was formed in 2012 and is domiciled in the United States.
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