NPI vs. BEPC, AQN, BLX, RNW, INE, PIF, ARR, LCFS, SPG, and UGE
Should you be buying Northland Power stock or one of its competitors? The main competitors of Northland Power include Brookfield Renewable (BEPC), Algonquin Power & Utilities (AQN), Boralex (BLX), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Polaris Renewable Energy (PIF), Altius Renewable Royalties (ARR), Tidewater Renewables (LCFS), Spark Power Group (SPG), and UGE International (UGE). These companies are all part of the "utilities - renewable" industry.
Northland Power (TSE:NPI) and Brookfield Renewable (TSE:BEPC) are both mid-cap utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, institutional ownership, dividends, risk, earnings, media sentiment, analyst recommendations, community ranking and profitability.
51.1% of Northland Power shares are held by institutional investors. Comparatively, 76.9% of Brookfield Renewable shares are held by institutional investors. 0.1% of Northland Power shares are held by company insiders. Comparatively, 0.0% of Brookfield Renewable shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Brookfield Renewable has a net margin of 29.75% compared to Northland Power's net margin of -7.16%. Brookfield Renewable's return on equity of 10.84% beat Northland Power's return on equity.
Northland Power received 529 more outperform votes than Brookfield Renewable when rated by MarketBeat users.
In the previous week, Northland Power had 3 more articles in the media than Brookfield Renewable. MarketBeat recorded 4 mentions for Northland Power and 1 mentions for Brookfield Renewable. Northland Power's average media sentiment score of 0.51 beat Brookfield Renewable's score of 0.00 indicating that Northland Power is being referred to more favorably in the media.
Brookfield Renewable has higher revenue and earnings than Northland Power. Northland Power is trading at a lower price-to-earnings ratio than Brookfield Renewable, indicating that it is currently the more affordable of the two stocks.
Northland Power currently has a consensus target price of C$32.13, indicating a potential upside of 33.58%. Given Northland Power's higher probable upside, research analysts clearly believe Northland Power is more favorable than Brookfield Renewable.
Northland Power has a beta of 0.44, meaning that its share price is 56% less volatile than the S&P 500. Comparatively, Brookfield Renewable has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500.
Northland Power pays an annual dividend of C$1.20 per share and has a dividend yield of 5.0%. Brookfield Renewable pays an annual dividend of 1.94 per share and has a dividend yield of 4.6%. Northland Power pays out -171.4% of its earnings in the form of a dividend. Brookfield Renewable pays out 17.9% 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. Northland Power is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Northland Power beats Brookfield Renewable on 10 of the 18 factors compared between the two stocks.
Get Northland Power News Delivered to You Automatically
Sign up to receive the latest news and ratings for NPI and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NPI 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 TSE 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.
Northland Power Competitors List
Related Companies and Tools
