AQN vs. POR, ENIC, IDA, ELP, BKH, OTTR, PNM, PAM, TAC, and OGE
Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include Portland General Electric (POR), Enel Chile (ENIC), IDACORP (IDA), Companhia Paranaense de Energia - COPEL (ELP), Black Hills (BKH), Otter Tail (OTTR), PNM Resources (PNM), Pampa Energía (PAM), TransAlta (TAC), and OGE Energy (OGE). These companies are all part of the "electric services" industry.
Algonquin Power & Utilities (NYSE:AQN) and Portland General Electric (NYSE:POR) are both mid-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, community ranking, media sentiment, profitability, dividends, valuation, analyst recommendations and institutional ownership.
Algonquin Power & Utilities currently has a consensus target price of $7.44, indicating a potential upside of 15.42%. Portland General Electric has a consensus target price of $44.00, indicating a potential upside of 0.39%. Given Algonquin Power & Utilities' higher probable upside, research analysts plainly believe Algonquin Power & Utilities is more favorable than Portland General Electric.
Algonquin Power & Utilities has a beta of 0.66, indicating that its stock price is 34% less volatile than the S&P 500. Comparatively, Portland General Electric has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500.
In the previous week, Portland General Electric had 8 more articles in the media than Algonquin Power & Utilities. MarketBeat recorded 11 mentions for Portland General Electric and 3 mentions for Algonquin Power & Utilities. Portland General Electric's average media sentiment score of 0.54 beat Algonquin Power & Utilities' score of 0.24 indicating that Portland General Electric is being referred to more favorably in the news media.
Portland General Electric has higher revenue and earnings than Algonquin Power & Utilities. Algonquin Power & Utilities is trading at a lower price-to-earnings ratio than Portland General Electric, indicating that it is currently the more affordable of the two stocks.
62.3% of Algonquin Power & Utilities shares are held by institutional investors. 0.1% of Algonquin Power & Utilities shares are held by insiders. Comparatively, 0.5% of Portland General Electric shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Portland General Electric received 103 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. However, 55.46% of users gave Algonquin Power & Utilities an outperform vote while only 46.17% of users gave Portland General Electric an outperform vote.
Algonquin Power & Utilities pays an annual dividend of $0.43 per share and has a dividend yield of 6.7%. Portland General Electric pays an annual dividend of $1.90 per share and has a dividend yield of 4.3%. Algonquin Power & Utilities pays out -87.8% of its earnings in the form of a dividend. Portland General Electric pays out 72.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Algonquin Power & Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.
Portland General Electric has a net margin of 8.51% compared to Algonquin Power & Utilities' net margin of -12.44%. Portland General Electric's return on equity of 8.50% beat Algonquin Power & Utilities' return on equity.
Summary
Portland General Electric beats Algonquin Power & Utilities on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AQN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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