NextEra Energy Partners (NEP) Competitors

$29.62
+0.85 (+2.95%)
(As of 04/24/2024 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.

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

NextEra Energy Partners has a net margin of 16.00% compared to NextEra Energy Partners' net margin of 4.43%. NextEra Energy Partners' return on equity of 2.91% beat Atlantica Sustainable Infrastructure's return on equity.

Company Net Margins Return on Equity Return on Assets
Atlantica Sustainable Infrastructure4.43% 2.91% 0.55%
NextEra Energy Partners 16.00%-1.06%-0.67%

Atlantica Sustainable Infrastructure presently has a consensus target price of $23.67, suggesting a potential upside of 15.96%. NextEra Energy Partners has a consensus target price of $43.88, suggesting a potential upside of 48.08%. Given Atlantica Sustainable Infrastructure's higher possible upside, analysts plainly believe NextEra Energy Partners is more favorable than Atlantica Sustainable Infrastructure.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
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
0 Sell rating(s)
10 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33

Atlantica Sustainable Infrastructure pays an annual dividend of $1.78 per share and has a dividend yield of 8.7%. NextEra Energy Partners pays an annual dividend of $3.52 per share and has a dividend yield of 11.9%. 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 pays out 165.3% 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 has increased its dividend for 10 consecutive years. NextEra Energy Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

40.5% of Atlantica Sustainable Infrastructure shares are held by institutional investors. Comparatively, 66.0% of NextEra Energy Partners shares are held by institutional investors. 0.1% of Atlantica Sustainable Infrastructure shares are held by insiders. Comparatively, 0.1% of NextEra Energy Partners shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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

In the previous week, NextEra Energy Partners had 12 more articles in the media than Atlantica Sustainable Infrastructure. MarketBeat recorded 22 mentions for NextEra Energy Partners and 10 mentions for Atlantica Sustainable Infrastructure. Atlantica Sustainable Infrastructure's average media sentiment score of 0.90 beat NextEra Energy Partners' score of 0.50 indicating that NextEra Energy Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Atlantica Sustainable Infrastructure
2 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
NextEra Energy Partners
9 Very Positive mention(s)
8 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

NextEra Energy Partners has lower revenue, but higher earnings 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
Atlantica Sustainable Infrastructure$1.10B2.15$43.38M$0.4248.60
NextEra Energy Partners$1.08B2.57$200M$2.1313.91

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

Summary

NextEra Energy Partners beats Atlantica Sustainable Infrastructure on 14 of the 21 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$2.77B$12.57B$8.16B$17.43B
Dividend Yield12.97%4.97%11.38%3.56%
P/E Ratio13.9118.0019.9324.07
Price / Sales2.5732.7794.1811.65
Price / Cash6.667.3410.8717.62
Price / Book0.201.613.184.91
Net Income$200M$668.34M$994.50M$963.51M
7 Day Performance8.22%3.34%1.34%2.27%
1 Month Performance4.81%3.33%2.78%-2.05%
1 Year Performance-53.50%-0.24%4.37%90.11%

NextEra Energy Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AY
Atlantica Sustainable Infrastructure
3.6107 of 5 stars
$19.91
+7.6%
$23.67
+18.9%
-27.2%$2.31B$1.10B47.411,366Analyst Downgrade
Options Volume
High Trading Volume
RNW
ReNew Energy Global
1.3965 of 5 stars
$5.81
+2.7%
$8.35
+43.7%
+6.1%$2.17B$1.09B58.102,481
ENLT
Enlight Renewable Energy
1.185 of 5 stars
$16.58
-2.4%
$18.50
+11.6%
-1.7%$1.92B$255.70M29.08287
CEPU
Central Puerto
2.3631 of 5 stars
$10.26
+0.5%
$8.00
-22.0%
+67.2%$1.55B$1.20B4.33885
ORA
Ormat Technologies
4.1089 of 5 stars
$65.17
+0.9%
$81.00
+24.3%
-26.5%$3.94B$829.42M31.181,576
BEPC
Brookfield Renewable
4.2923 of 5 stars
$23.53
+2.8%
$34.00
+44.5%
-31.2%$4.23B$5.04B-73.521,890
CWEN
Clearway Energy
3.3212 of 5 stars
$23.59
+2.3%
$28.33
+20.1%
-25.3%$4.77B$1.31B34.6961Positive News
ARLP
Alliance Resource Partners
3.2472 of 5 stars
$21.19
0.0%
$28.00
+32.1%
+0.5%$2.71B$2.57B4.413,595Upcoming Earnings
CRK
Comstock Resources
2.3874 of 5 stars
$9.77
+0.4%
$9.67
-1.1%
-9.8%$2.72B$1.57B12.86251Upcoming Earnings
Analyst Report
Analyst Revision
KOS
Kosmos Energy
4.4965 of 5 stars
$5.83
-0.7%
$9.63
+65.2%
-13.1%$2.77B$1.70B13.25243Positive News

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This page (NYSE:NEP) was last updated on 4/25/2024 by MarketBeat.com Staff

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