BEP vs. FTS, WES, LNT, AGR, EVRG, EBR, DTM, SBS, WTRG, and KNTK
Should you be buying Brookfield Renewable Partners stock or one of its competitors? The main competitors of Brookfield Renewable Partners include Fortis (FTS), Western Midstream Partners (WES), Alliant Energy (LNT), Avangrid (AGR), Evergy (EVRG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), DT Midstream (DTM), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Essential Utilities (WTRG), and Kinetik (KNTK). These companies are all part of the "utilities" industry.
Brookfield Renewable Partners vs.
Brookfield Renewable Partners (NYSE:BEP) and Fortis (NYSE:FTS) are both utilities companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, community ranking, valuation, dividends and media sentiment.
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.
In the previous week, Fortis had 20 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 27 mentions for Fortis and 7 mentions for Brookfield Renewable Partners. Fortis' average media sentiment score of 0.84 beat Brookfield Renewable Partners' score of 0.30 indicating that Fortis is being referred to more favorably in the news media.
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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Brookfield Renewable Partners has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.5, meaning that its stock price is 50% less volatile than the S&P 500.
Brookfield Renewable Partners received 189 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 61.34% of users gave Brookfield Renewable Partners an outperform vote while only 52.64% of users gave Fortis an outperform vote.
Brookfield Renewable Partners pays an annual dividend of $1.42 per share and has a dividend yield of 6.4%. Fortis pays an annual dividend of $1.70 per share and has a dividend yield of 4.2%. Brookfield Renewable Partners pays out -173.2% of its earnings in the form of a dividend. Fortis pays out 71.4% 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. Brookfield Renewable Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.
Brookfield Renewable Partners presently has a consensus price target of $32.44, indicating a potential upside of 46.81%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, research analysts clearly believe Brookfield Renewable Partners is more favorable than Fortis.
Fortis has a net margin of 14.06% compared to Brookfield Renewable Partners' net margin of 1.16%. Fortis' return on equity of 7.01% beat Brookfield Renewable Partners' return on equity.
Summary
Brookfield Renewable Partners and Fortis tied by winning 10 of the 20 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 {thisCompany.Symbol} 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.
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This page (NYSE:BEP) was last updated on 1/14/2025 by MarketBeat.com Staff
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