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Kenon (KEN) Competitors

Kenon logo
$28.58
+0.37 (+1.31%)
(As of 10/31/2024 ET)

KEN vs. IDA, CIG, CWEN, POR, ORA, BKH, TXNM, ENIC, AQN, and PAM

Should you be buying Kenon stock or one of its competitors? The main competitors of Kenon include IDACORP (IDA), CEMIG (CIG), Clearway Energy (CWEN), Portland General Electric (POR), Ormat Technologies (ORA), Black Hills (BKH), TXNM Energy (TXNM), Enel Chile (ENIC), Algonquin Power & Utilities (AQN), and Pampa Energía (PAM). These companies are all part of the "electric services" industry.

Kenon vs.

IDACORP (NYSE:IDA) and Kenon (NYSE:KEN) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, community ranking, media sentiment, earnings, dividends and profitability.

IDACORP received 106 more outperform votes than Kenon when rated by MarketBeat users. However, 57.99% of users gave Kenon an outperform vote while only 49.28% of users gave IDACORP an outperform vote.

CompanyUnderperformOutperform
IDACORPOutperform Votes
204
49.28%
Underperform Votes
210
50.72%
KenonOutperform Votes
98
57.99%
Underperform Votes
71
42.01%

IDACORP presently has a consensus target price of $104.83, suggesting a potential upside of 1.31%. Given IDACORP's higher possible upside, analysts clearly believe IDACORP is more favorable than Kenon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDACORP
0 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Kenon
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

IDACORP has a beta of 0.6, meaning that its stock price is 40% less volatile than the S&P 500. Comparatively, Kenon has a beta of 1.46, meaning that its stock price is 46% more volatile than the S&P 500.

IDACORP has a net margin of 15.04% compared to Kenon's net margin of -10.61%. IDACORP's return on equity of 9.16% beat Kenon's return on equity.

Company Net Margins Return on Equity Return on Assets
IDACORP15.04% 9.16% 3.25%
Kenon -10.61%-9.48%-4.70%

89.1% of IDACORP shares are held by institutional investors. Comparatively, 13.4% of Kenon shares are held by institutional investors. 0.5% of IDACORP shares are held by company insiders. Comparatively, 0.1% of Kenon 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.

In the previous week, IDACORP had 11 more articles in the media than Kenon. MarketBeat recorded 14 mentions for IDACORP and 3 mentions for Kenon. Kenon's average media sentiment score of 0.89 beat IDACORP's score of 0.57 indicating that Kenon is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDACORP
3 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kenon
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.3%. Kenon pays an annual dividend of $3.80 per share and has a dividend yield of 13.3%. IDACORP pays out 69.1% of its earnings in the form of a dividend. Kenon pays out -92.0% 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. IDACORP has increased its dividend for 13 consecutive years. Kenon is clearly the better dividend stock, given its higher yield and lower payout ratio.

IDACORP has higher revenue and earnings than Kenon. Kenon is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDACORP$1.82B3.02$261.20M$4.9820.78
Kenon$734.80M2.10-$235.98M-$4.13-6.92

Summary

IDACORP beats Kenon on 14 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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KEN vs. The Competition

MetricKenonElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$1.54B$14.62B$12.71B$19.18B
Dividend Yield14.03%4.29%4.04%3.52%
P/E Ratio-19.8517.3082.4331.76
Price / Sales2.107,984.6925.9117.89
Price / CashN/A8.3518.7820.46
Price / Book0.742.032.245.38
Net Income-$235.98M$666.33M$614.22M$984.71M
7 Day Performance5.50%0.27%-0.42%-0.53%
1 Month Performance2.36%5.08%-1.78%-0.96%
1 Year Performance55.83%32.45%14.69%29.32%

Kenon Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
KEN
Kenon
2.1412 of 5 stars
$28.58
+1.3%
N/A+55.9%$1.54B$734.80M-19.85325Short Interest ↓
IDA
IDACORP
4.4244 of 5 stars
$103.65
-1.1%
$104.83
+1.1%
+8.3%$5.52B$1.77B19.412,112Analyst Upgrade
Short Interest ↓
Analyst Revision
News Coverage
Gap Down
CIG
CEMIG
2.93 of 5 stars
$1.92
-1.5%
$2.12
+10.2%
+10.5%$5.49B$37.27B4.604,917Upcoming Earnings
Analyst Forecast
Short Interest ↓
CWEN
Clearway Energy
1.8626 of 5 stars
$25.99
-0.8%
$33.13
+27.5%
+27.8%$5.25B$1.31B34.2060Earnings Report
Dividend Increase
News Coverage
POR
Portland General Electric
3.4821 of 5 stars
$48.34
-1.0%
$48.25
-0.2%
+20.1%$4.98B$2.92B16.612,842Earnings Report
Analyst Forecast
ORA
Ormat Technologies
3.751 of 5 stars
$78.87
+1.1%
$81.67
+3.5%
+30.7%$4.77B$829.42M36.011,576Upcoming Earnings
Analyst Revision
News Coverage
BKH
Black Hills
3.6946 of 5 stars
$59.87
-0.9%
$58.00
-3.1%
+23.9%$4.13B$2.13B14.822,874Upcoming Earnings
Dividend Announcement
TXNM
TXNM Energy
1.7671 of 5 stars
$44.16
-1.3%
$47.75
+8.1%
N/A$3.98B$1.94B48.531,635Upcoming Earnings
Ex-Dividend
ENIC
Enel Chile
3.8865 of 5 stars
$2.82
flat
N/A-6.4%$3.82B$5.23B4.552,077Analyst Forecast
News Coverage
AQN
Algonquin Power & Utilities
4.8686 of 5 stars
$4.96
+0.8%
$6.23
+25.5%
-5.2%$3.80B$2.63B31.003,500Upcoming Earnings
News Coverage
PAM
Pampa Energía
1.7516 of 5 stars
$68.61
+0.6%
$57.75
-15.8%
+78.5%$3.74B$1.73B10.401,924Upcoming Earnings
Analyst Downgrade
Short Interest ↓
News Coverage

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This page (NYSE:KEN) was last updated on 10/31/2024 by MarketBeat.com Staff
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