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New Fortress Energy (NFE) Competitors

New Fortress Energy logo
$3.20 +0.10 (+3.23%)
Closing price 04:00 PM Eastern
Extended Trading
$3.19 -0.01 (-0.31%)
As of 07:56 PM Eastern
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NFE vs. RNW, ENLT, CEPU, KEN, CTRI, EDN, NNE, NEP, XIFR, and AMPS

Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include ReNew Energy Global (RNW), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), Kenon (KEN), Centuri (CTRI), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), Nano Nuclear Energy (NNE), Nextera Energy Partners (NEP), XPLR Infrastructure (XIFR), and Altus Power (AMPS). These companies are all part of the "utilities" industry.

New Fortress Energy vs. Its Competitors

New Fortress Energy (NASDAQ:NFE) and ReNew Energy Global (NASDAQ:RNW) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, analyst recommendations, earnings, risk, valuation, community ranking, profitability and institutional ownership.

58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are owned by institutional investors. 29.4% of New Fortress Energy shares are owned by insiders. Comparatively, 8.7% of ReNew Energy Global shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

New Fortress Energy has higher earnings, but lower revenue than ReNew Energy Global. New Fortress Energy is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Fortress Energy$2.15B0.41$547.88M-$2.25-1.42
ReNew Energy Global$86.14B0.03$41M$0.05136.00

In the previous week, New Fortress Energy had 1 more articles in the media than ReNew Energy Global. MarketBeat recorded 5 mentions for New Fortress Energy and 4 mentions for ReNew Energy Global. ReNew Energy Global's average media sentiment score of 1.41 beat New Fortress Energy's score of 0.41 indicating that ReNew Energy Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
New Fortress Energy
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
ReNew Energy Global
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

New Fortress Energy has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.

New Fortress Energy presently has a consensus price target of $10.17, indicating a potential upside of 217.71%. ReNew Energy Global has a consensus price target of $7.50, indicating a potential upside of 10.29%. Given New Fortress Energy's higher probable upside, equities research analysts clearly believe New Fortress Energy is more favorable than ReNew Energy Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Fortress Energy
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
ReNew Energy Global
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

New Fortress Energy received 100 more outperform votes than ReNew Energy Global when rated by MarketBeat users. Likewise, 53.67% of users gave New Fortress Energy an outperform vote while only 45.95% of users gave ReNew Energy Global an outperform vote.

CompanyUnderperformOutperform
New Fortress EnergyOutperform Votes
117
53.67%
Underperform Votes
101
46.33%
ReNew Energy GlobalOutperform Votes
17
45.95%
Underperform Votes
20
54.05%

New Fortress Energy has a net margin of 7.84% compared to ReNew Energy Global's net margin of 2.17%. New Fortress Energy's return on equity of 15.60% beat ReNew Energy Global's return on equity.

Company Net Margins Return on Equity Return on Assets
New Fortress Energy7.84% 15.60% 2.42%
ReNew Energy Global 2.17%1.75%0.24%

Summary

New Fortress Energy beats ReNew Energy Global on 13 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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

MetricNew Fortress EnergyNatural gas distribution IndustryEnergy SectorNASDAQ Exchange
Market Cap$876.07M$13.74B$7.71B$8.61B
Dividend Yield3.37%3.24%11.06%4.18%
P/E Ratio3.5211.7048.6620.06
Price / Sales0.412.8625,928.86157.10
Price / Cash3.259.0635.7334.64
Price / Book0.371.803.684.70
Net Income$547.88M$1.29B$4.33B$247.88M
7 Day Performance3.23%1.19%3.54%2.20%
1 Month Performance-49.69%-0.04%7.87%9.44%
1 Year Performance-85.64%9.95%113.67%14.72%

New Fortress Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NFE
New Fortress Energy
4.0692 of 5 stars
$3.20
+3.2%
$10.17
+217.7%
-86.5%$876.07M$2.15B3.52670Gap Up
RNW
ReNew Energy Global
2.3443 of 5 stars
$6.75
-0.9%
$7.50
+11.1%
+7.7%$2.45B$86.14B135.001,680Positive News
Upcoming Earnings
ENLT
Enlight Renewable Energy
0.3427 of 5 stars
$19.47
-0.2%
$20.25
+4.0%
+14.7%$2.25B$418.16M54.08100Positive News
Short Interest ↑
CEPU
Central Puerto
3.36 of 5 stars
$12.51
-3.8%
$12.00
-4.1%
+37.9%$1.89B$738.17B4.911,181Positive News
KEN
Kenon
2.6636 of 5 stars
$35.51
+1.0%
N/A+45.1%$1.85B$760.30M11.10230Positive News
Short Interest ↓
CTRI
Centuri
1.5696 of 5 stars
$20.23
-3.1%
$19.00
-6.1%
-12.4%$1.79B$2.66B1,011.3512,572Positive News
Short Interest ↓
EDN
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
1.7455 of 5 stars
$32.52
-1.6%
N/A+90.5%$1.47B$2.25T6.334,670Positive News
NNE
Nano Nuclear Energy
2.0625 of 5 stars
$30.93
+2.7%
$58.00
+87.5%
+313.1%$1.16BN/A-75.44N/ANews Coverage
Options Volume
Gap Up
NEP
Nextera Energy Partners
1.455 of 5 stars
N/A$10.00
+∞
N/A$983.47M$1.23B-105.15N/A
XIFR
XPLR Infrastructure
1.8889 of 5 stars
$8.69
-1.5%
$17.64
+103.0%
-73.6%$816.87M$1.26B-86.90N/ANegative News
AMPS
Altus Power
N/A$5.00
-0.1%
$4.86
-2.8%
+19.2%$801.30M$196.27M22.7040High Trading Volume

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This page (NASDAQ:NFE) was last updated on 6/11/2025 by MarketBeat.com Staff
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