BEPC vs. NPI, AQN, BLX, RNW, INE, PIF, ARR, LCFS, SPG, and GIP
Should you be buying Brookfield Renewable stock or one of its competitors? The main competitors of Brookfield Renewable include Northland Power (NPI), 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 Green Impact Partners (GIP). 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 community ranking, valuation, earnings, dividends, risk, media sentiment, profitability, analyst recommendations and institutional ownership.
Northland Power received 528 more outperform votes than Brookfield Renewable when rated by MarketBeat users.
Northland Power currently has a consensus target price of C$31.96, suggesting a potential upside of 34.22%. Given Brookfield Renewable's higher probable upside, equities analysts plainly believe Northland Power is more favorable than Brookfield Renewable.
Brookfield Renewable has a net margin of 29.75% compared to Brookfield Renewable's net margin of -7.16%. Northland Power's return on equity of 10.84% beat Brookfield Renewable's return on equity.
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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
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 4.5%. 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.
In the previous week, Northland Power had 7 more articles in the media than Brookfield Renewable. MarketBeat recorded 7 mentions for Northland Power and 0 mentions for Brookfield Renewable. Northland Power's average media sentiment score of 0.87 beat Brookfield Renewable's score of 0.40 indicating that Brookfield Renewable is being referred to more favorably in the news 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 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.
Summary
Northland Power and Brookfield Renewable tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BEPC 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.
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