NPI vs. BEPC, AQN, BLX, INE, BIPC, CPX, CU, ACO.X, TA, and BEP.UN
Should you be buying Northland Power stock or one of its competitors? The main competitors of Northland Power include Brookfield Renewable (BEPC), Algonquin Power & Utilities (AQN), Boralex (BLX), Innergex Renewable Energy (INE), Brookfield Infrastructure (BIPC), Capital Power (CPX), Canadian Utilities (CU), ATCO (ACO.X), TransAlta (TA), and Brookfield Renewable Partners (BEP.UN). These companies are all part of the "utilities" sector.
Brookfield Renewable (TSE:BEPC) and Northland Power (TSE:NPI) are both mid-cap utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, analyst recommendations, dividends, media sentiment, community ranking, earnings and institutional ownership.
Northland Power received 525 more outperform votes than Brookfield Renewable when rated by MarketBeat users.
Brookfield Renewable has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500. Comparatively, Northland Power has a beta of 0.45, suggesting that its share price is 55% less volatile than the S&P 500.
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.
Brookfield Renewable pays an annual dividend of 1.93 per share and has a dividend yield of 5.0%. Northland Power pays an annual dividend of C$1.20 per share and has a dividend yield of 5.5%. Brookfield Renewable pays out -138.8% of its earnings in the form of a dividend. Northland Power pays out -166.7% 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 12 more articles in the media than Brookfield Renewable. MarketBeat recorded 12 mentions for Northland Power and 0 mentions for Brookfield Renewable. Brookfield Renewable's average media sentiment score of 0.69 beat Northland Power's score of 0.00 indicating that Northland Power is being referred to more favorably in the news media.
Brookfield Renewable has a net margin of -3.98% compared to Brookfield Renewable's net margin of -7.85%. Northland Power's return on equity of 1.81% beat Brookfield Renewable's return on equity.
77.3% of Brookfield Renewable shares are held by institutional investors. Comparatively, 47.8% of Northland Power shares are held by institutional investors. 0.0% of Brookfield Renewable shares are held by company insiders. Comparatively, 0.1% of Northland Power shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Northland Power has a consensus price target of C$31.79, suggesting a potential upside of 46.98%. Given Brookfield Renewable's higher probable upside, analysts clearly believe Northland Power is more favorable than Brookfield Renewable.
Summary
Northland Power beats Brookfield Renewable on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NPI 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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