NextEra Energy Partners (NEP) Competitors

$28.93
-0.26 (-0.89%)
(As of 04/26/2024 ET)

NEP vs. AY, RNW, ENLT, CEPU, ORA, BEPC, CWEN, ARLP, CRK, and KOS

Should you be buying NextEra Energy Partners stock or one of its competitors? The main competitors of NextEra Energy Partners include Atlantica Sustainable Infrastructure (AY), ReNew Energy Global (RNW), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), Ormat Technologies (ORA), Brookfield Renewable (BEPC), Clearway Energy (CWEN), Alliance Resource Partners (ARLP), Comstock Resources (CRK), and Kosmos Energy (KOS). These companies are all part of the "oils/energy" sector.

NextEra Energy Partners vs.

NextEra Energy Partners (NYSE:NEP) and Atlantica Sustainable Infrastructure (NASDAQ:AY) are both mid-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, dividends, valuation, community ranking and profitability.

Atlantica Sustainable Infrastructure received 64 more outperform votes than NextEra Energy Partners when rated by MarketBeat users. Likewise, 63.86% of users gave Atlantica Sustainable Infrastructure an outperform vote while only 60.13% of users gave NextEra Energy Partners an outperform vote.

CompanyUnderperformOutperform
NextEra Energy PartnersOutperform Votes
383
60.13%
Underperform Votes
254
39.87%
Atlantica Sustainable InfrastructureOutperform Votes
447
63.86%
Underperform Votes
253
36.14%

NextEra Energy Partners has higher earnings, but lower revenue than Atlantica Sustainable Infrastructure. NextEra Energy Partners is trading at a lower price-to-earnings ratio than Atlantica Sustainable Infrastructure, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy Partners$1.08B2.51$200M$3.059.49
Atlantica Sustainable Infrastructure$1.10B2.11$43.38M$0.4247.62

NextEra Energy Partners has a beta of 1, indicating that its share price has a similar volatility profile to the S&P 500.Comparatively, Atlantica Sustainable Infrastructure has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500.

In the previous week, NextEra Energy Partners had 13 more articles in the media than Atlantica Sustainable Infrastructure. MarketBeat recorded 25 mentions for NextEra Energy Partners and 12 mentions for Atlantica Sustainable Infrastructure. NextEra Energy Partners' average media sentiment score of 0.98 beat Atlantica Sustainable Infrastructure's score of 0.49 indicating that NextEra Energy Partners is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextEra Energy Partners
11 Very Positive mention(s)
10 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Atlantica Sustainable Infrastructure
3 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

66.0% of NextEra Energy Partners shares are owned by institutional investors. Comparatively, 40.5% of Atlantica Sustainable Infrastructure shares are owned by institutional investors. 0.1% of NextEra Energy Partners shares are owned by company insiders. Comparatively, 0.1% of Atlantica Sustainable Infrastructure shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

NextEra Energy Partners has a net margin of 23.55% compared to Atlantica Sustainable Infrastructure's net margin of 4.43%. Atlantica Sustainable Infrastructure's return on equity of 2.91% beat NextEra Energy Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy Partners23.55% -0.48% -0.30%
Atlantica Sustainable Infrastructure 4.43%2.91%0.55%

NextEra Energy Partners presently has a consensus target price of $41.60, indicating a potential upside of 43.80%. Atlantica Sustainable Infrastructure has a consensus target price of $23.67, indicating a potential upside of 18.33%. Given NextEra Energy Partners' higher probable upside, equities research analysts clearly believe NextEra Energy Partners is more favorable than Atlantica Sustainable Infrastructure.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy Partners
0 Sell rating(s)
10 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33
Atlantica Sustainable Infrastructure
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

NextEra Energy Partners pays an annual dividend of $3.52 per share and has a dividend yield of 12.2%. Atlantica Sustainable Infrastructure pays an annual dividend of $1.78 per share and has a dividend yield of 8.9%. NextEra Energy Partners pays out 115.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Atlantica Sustainable Infrastructure pays out 423.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NextEra Energy Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

NextEra Energy Partners beats Atlantica Sustainable Infrastructure on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEP 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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NEP vs. The Competition

MetricNextEra Energy PartnersElectric services IndustryEnergy SectorNYSE Exchange
Market Cap$2.71B$12.57B$8.57B$17.50B
Dividend Yield12.17%4.91%11.55%3.55%
P/E Ratio9.4915.1117.7222.08
Price / Sales2.5134.8148.8610.51
Price / Cash7.027.3911.2517.70
Price / Book0.191.613.584.87
Net Income$200M$666.51M$1.01B$964.96M
7 Day Performance6.60%0.89%1.34%1.90%
1 Month Performance-3.89%0.85%1.49%-3.71%
1 Year Performance-49.70%-0.01%6.57%93.11%

NextEra Energy Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AY
Atlantica Sustainable Infrastructure
3.3866 of 5 stars
$19.91
+7.6%
$23.67
+18.9%
-24.7%$2.31B$1.10B47.411,366Upcoming Earnings
Analyst Downgrade
Options Volume
Analyst Revision
High Trading Volume
RNW
ReNew Energy Global
2.38 of 5 stars
$5.81
+2.7%
$8.35
+43.7%
+9.1%$2.17B$1.09B58.102,481
ENLT
Enlight Renewable Energy
1.4133 of 5 stars
$16.58
-2.4%
$18.50
+11.6%
-3.3%$1.92B$255.70M29.08287
CEPU
Central Puerto
2.6718 of 5 stars
$10.26
+0.5%
$8.00
-22.0%
+72.6%$1.55B$1.20B4.33885
ORA
Ormat Technologies
4.8017 of 5 stars
$65.17
+0.9%
$81.00
+24.3%
-27.3%$3.94B$829.42M31.181,576Positive News
BEPC
Brookfield Renewable
4.6595 of 5 stars
$23.53
+2.8%
$34.00
+44.5%
-29.6%$4.23B$5.04B-73.521,890Upcoming Earnings
Short Interest ↓
News Coverage
Positive News
CWEN
Clearway Energy
3.0803 of 5 stars
$23.59
+2.3%
$28.33
+20.1%
-22.5%$4.77B$1.31B34.6961Short Interest ↑
News Coverage
ARLP
Alliance Resource Partners
3.5971 of 5 stars
$21.19
0.0%
$28.00
+32.1%
+1.9%$2.71B$2.57B4.413,595Upcoming Earnings
Dividend Announcement
News Coverage
CRK
Comstock Resources
2.2427 of 5 stars
$9.77
+0.4%
$9.67
-1.1%
-7.3%$2.72B$1.57B12.86251Upcoming Earnings
Analyst Report
Short Interest ↑
KOS
Kosmos Energy
4.3905 of 5 stars
$5.83
-0.7%
$9.63
+65.2%
-4.1%$2.77B$1.70B13.25243Positive News

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This page (NYSE:NEP) was last updated on 4/28/2024 by MarketBeat.com Staff

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