Algonquin Power & Utilities (AQN) Competitors

$6.56
-0.19 (-2.81%)
(As of 05/10/2024 ET)

AQN vs. POR, IDA, ELP, ENIC, 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), IDACORP (IDA), Companhia Paranaense de Energia - COPEL (ELP), Enel Chile (ENIC), 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 vs.

Portland General Electric (NYSE:POR) and Algonquin Power & Utilities (NYSE:AQN) are both mid-cap utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, media sentiment, profitability, valuation, earnings, risk, institutional ownership and community ranking.

Portland General Electric pays an annual dividend of $1.90 per share and has a dividend yield of 4.3%. Algonquin Power & Utilities pays an annual dividend of $0.43 per share and has a dividend yield of 6.6%. Portland General Electric pays out 72.8% of its earnings in the form of a dividend. Algonquin Power & Utilities pays out 1,433.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Portland General Electric has raised its dividend for 19 consecutive years.

Portland General Electric has higher revenue and earnings than Algonquin Power & Utilities. Portland General Electric is trading at a lower price-to-earnings ratio than Algonquin Power & Utilities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Portland General Electric$2.92B1.57$228M$2.6117.07
Algonquin Power & Utilities$2.70B1.68$28.67M$0.03218.67

In the previous week, Algonquin Power & Utilities had 6 more articles in the media than Portland General Electric. MarketBeat recorded 16 mentions for Algonquin Power & Utilities and 10 mentions for Portland General Electric. Algonquin Power & Utilities' average media sentiment score of 0.93 beat Portland General Electric's score of 0.25 indicating that Portland General Electric is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Portland General Electric
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Algonquin Power & Utilities
3 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Portland General Electric received 104 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. However, 55.48% of users gave Algonquin Power & Utilities an outperform vote while only 46.23% of users gave Portland General Electric an outperform vote.

CompanyUnderperformOutperform
Portland General ElectricOutperform Votes
362
46.23%
Underperform Votes
421
53.77%
Algonquin Power & UtilitiesOutperform Votes
258
55.48%
Underperform Votes
207
44.52%

Portland General Electric has a beta of 0.56, indicating that its share price is 44% less volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.64, indicating that its share price is 36% less volatile than the S&P 500.

Portland General Electric presently has a consensus target price of $43.57, suggesting a potential downside of 2.20%. Algonquin Power & Utilities has a consensus target price of $7.67, suggesting a potential upside of 16.87%. Given Portland General Electric's higher possible upside, analysts clearly believe Algonquin Power & Utilities is more favorable than Portland General Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Portland General Electric
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Algonquin Power & Utilities
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

62.3% of Algonquin Power & Utilities shares are held by institutional investors. 0.5% of Portland General Electric shares are held by insiders. Comparatively, 0.1% of Algonquin Power & Utilities shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Portland General Electric has a net margin of 8.51% compared to Portland General Electric's net margin of 1.06%. Algonquin Power & Utilities' return on equity of 8.50% beat Portland General Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
Portland General Electric8.51% 8.50% 2.58%
Algonquin Power & Utilities 1.06%5.64%2.05%

Summary

Portland General Electric beats Algonquin Power & Utilities on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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AQN vs. The Competition

MetricAlgonquin Power & UtilitiesElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$4.52B$13.32B$12.06B$17.98B
Dividend Yield6.43%4.67%4.10%3.46%
P/E Ratio218.6718.7885.7124.84
Price / Sales1.6828.1227.8910.41
Price / Cash5.548.0917.7618.08
Price / Book0.701.681.896.05
Net Income$28.67M$674.90M$585.85M$967.12M
7 Day Performance0.31%1.86%2.08%1.48%
1 Month Performance7.28%6.66%4.59%0.92%
1 Year Performance-23.90%6.80%0.82%122.16%

Algonquin Power & Utilities Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
POR
Portland General Electric
1.9741 of 5 stars
$44.45
+0.3%
$45.13
+1.5%
-13.0%$4.58B$2.92B17.032,842
IDA
IDACORP
3.8336 of 5 stars
$96.76
+0.7%
$94.60
-2.2%
-11.3%$4.90B$1.77B19.432,112Positive News
ELP
Companhia Paranaense de Energia - COPEL
0.8969 of 5 stars
$7.52
-0.5%
N/A+13.4%$4.11B$4.30B0.005,954Short Interest ↑
ENIC
Enel Chile
1.5578 of 5 stars
$2.96
+0.3%
N/A+3.0%$4.09B$5.23B5.692,077Short Interest ↑
BKH
Black Hills
2.0547 of 5 stars
$56.78
+0.5%
$55.00
-3.1%
-13.5%$3.88B$2.33B14.482,874Earnings Report
Analyst Upgrade
Short Interest ↑
News Coverage
OTTR
Otter Tail
1.0763 of 5 stars
$90.30
-0.4%
N/A+18.0%$3.78B$1.35B12.902,655Dividend Announcement
PNM
PNM Resources
4.2483 of 5 stars
$38.42
+0.5%
$46.80
+21.8%
-21.0%$3.47B$1.94B42.221,635Positive News
PAM
Pampa Energía
2.0536 of 5 stars
$49.73
+0.3%
$41.33
-16.9%
+34.0%$2.71B$1.73B9.091,924Analyst Upgrade
High Trading Volume
TAC
TransAlta
1.2666 of 5 stars
$7.11
-1.5%
N/A-28.3%$2.18B$2.49B4.591,257Short Interest ↑
Analyst Revision
OGE
OGE Energy
3.4628 of 5 stars
$35.97
+1.1%
$33.40
-7.1%
-4.2%$7.21B$2.67B18.262,329

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This page (NYSE:AQN) was last updated on 5/11/2024 by MarketBeat.com Staff

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