BIPC vs. NJR, AQN, POR, ELP, ENIC, IDA, BKH, NFG, UGI, and OTTR
Should you be buying Brookfield Infrastructure stock or one of its competitors? The main competitors of Brookfield Infrastructure include New Jersey Resources (NJR), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Companhia Paranaense de Energia - COPEL (ELP), Enel Chile (ENIC), IDACORP (IDA), Black Hills (BKH), National Fuel Gas (NFG), UGI (UGI), and Otter Tail (OTTR). These companies are all part of the "utilities" sector.
New Jersey Resources (NYSE:NJR) and Brookfield Infrastructure (NASDAQ:BIPC) are both mid-cap utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, earnings, dividends, risk, institutional ownership, profitability, valuation and community ranking.
New Jersey Resources pays an annual dividend of $1.68 per share and has a dividend yield of 3.8%. Brookfield Infrastructure pays an annual dividend of $1.62 per share and has a dividend yield of 4.7%. New Jersey Resources pays out 66.4% of its earnings in the form of a dividend. Brookfield Infrastructure pays out 112.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. New Jersey Resources has raised its dividend for 28 consecutive years and Brookfield Infrastructure has raised its dividend for 4 consecutive years.
71.0% of New Jersey Resources shares are held by institutional investors. Comparatively, 70.4% of Brookfield Infrastructure shares are held by institutional investors. 0.8% of New Jersey Resources shares are held by 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.
New Jersey Resources has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500. Comparatively, Brookfield Infrastructure has a beta of 1.42, meaning that its share price is 42% more volatile than the S&P 500.
New Jersey Resources received 297 more outperform votes than Brookfield Infrastructure when rated by MarketBeat users. However, 77.42% of users gave Brookfield Infrastructure an outperform vote while only 57.12% of users gave New Jersey Resources an outperform vote.
New Jersey Resources currently has a consensus price target of $45.00, suggesting a potential upside of 1.53%. Brookfield Infrastructure has a consensus price target of $42.00, suggesting a potential upside of 20.93%. Given New Jersey Resources' stronger consensus rating and higher probable upside, analysts plainly believe Brookfield Infrastructure is more favorable than New Jersey Resources.
New Jersey Resources has a net margin of 14.46% compared to New Jersey Resources' net margin of 0.00%. Brookfield Infrastructure's return on equity of 12.16% beat New Jersey Resources' return on equity.
In the previous week, New Jersey Resources had 15 more articles in the media than Brookfield Infrastructure. MarketBeat recorded 21 mentions for New Jersey Resources and 6 mentions for Brookfield Infrastructure. New Jersey Resources' average media sentiment score of 1.19 beat Brookfield Infrastructure's score of 0.48 indicating that Brookfield Infrastructure is being referred to more favorably in the news media.
New Jersey Resources has higher earnings, but lower revenue than Brookfield Infrastructure. New Jersey Resources is trading at a lower price-to-earnings ratio than Brookfield Infrastructure, indicating that it is currently the more affordable of the two stocks.
Summary
New Jersey Resources beats Brookfield Infrastructure on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BIPC 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 NASDAQ 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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