BEP vs. FTS, EBR, LNT, EVRG, WES, KEP, SBS, TLN, DTM, and WTRG
Should you be buying Brookfield Renewable Partners stock or one of its competitors? The main competitors of Brookfield Renewable Partners include Fortis (FTS), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Alliant Energy (LNT), Evergy (EVRG), Western Midstream Partners (WES), Korea Electric Power (KEP), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Talen Energy (TLN), DT Midstream (DTM), and Essential Utilities (WTRG). These companies are all part of the "utilities" industry.
Brookfield Renewable Partners vs. Its Competitors
Brookfield Renewable Partners (NYSE:BEP) and Fortis (NYSE:FTS) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, risk, earnings, analyst recommendations, valuation, community ranking, media sentiment, institutional ownership and profitability.
Brookfield Renewable Partners pays an annual dividend of $1.49 per share and has a dividend yield of 5.7%. Fortis pays an annual dividend of $1.78 per share and has a dividend yield of 3.8%. Brookfield Renewable Partners pays out -147.5% of its earnings in the form of a dividend. Fortis pays out 75.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Brookfield Renewable Partners has raised its dividend for 2 consecutive years and Fortis has raised its dividend for 5 consecutive years. Brookfield Renewable Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.
Brookfield Renewable Partners received 198 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 61.31% of users gave Brookfield Renewable Partners an outperform vote while only 52.35% of users gave Fortis an outperform vote.
Fortis has a net margin of 14.12% compared to Brookfield Renewable Partners' net margin of -0.15%. Fortis' return on equity of 7.09% beat Brookfield Renewable Partners' return on equity.
In the previous week, Fortis had 5 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 13 mentions for Fortis and 8 mentions for Brookfield Renewable Partners. Brookfield Renewable Partners' average media sentiment score of 1.03 beat Fortis' score of 0.63 indicating that Brookfield Renewable Partners is being referred to more favorably in the media.
Brookfield Renewable Partners has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.49, meaning that its stock price is 51% less volatile than the S&P 500.
63.2% of Brookfield Renewable Partners shares are held by institutional investors. Comparatively, 57.8% of Fortis shares are held by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Fortis has higher revenue and earnings than Brookfield Renewable Partners. Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.
Brookfield Renewable Partners currently has a consensus target price of $29.13, suggesting a potential upside of 12.24%. Fortis has a consensus target price of $72.00, suggesting a potential upside of 51.94%. Given Fortis' higher possible upside, analysts plainly believe Fortis is more favorable than Brookfield Renewable Partners.
Summary
Fortis beats Brookfield Renewable Partners on 11 of the 21 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 BEP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Brookfield Renewable Partners Competitors List
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This page (NYSE:BEP) was last updated on 6/11/2025 by MarketBeat.com Staff
