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NextEra Energy Partners (NEP) Competitors

$26.19
+0.26 (+1.00%)
(As of 07/26/2024 ET)

NEP vs. PNW, OGE, BEP, ELPC, CIG, CWEN, BEPC, IDA, POR, and AQN

Should you be buying NextEra Energy Partners stock or one of its competitors? The main competitors of NextEra Energy Partners include Pinnacle West Capital (PNW), OGE Energy (OGE), Brookfield Renewable Partners (BEP), Companhia Paranaense de Energia (ELPC), CEMIG (CIG), Clearway Energy (CWEN), Brookfield Renewable (BEPC), IDACORP (IDA), Portland General Electric (POR), and Algonquin Power & Utilities (AQN).

NextEra Energy Partners vs.

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

Pinnacle West Capital has higher revenue and earnings than NextEra Energy Partners. NextEra Energy Partners is trading at a lower price-to-earnings ratio than Pinnacle West Capital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy Partners$1.08B2.27$200M$3.058.59
Pinnacle West Capital$4.70B2.05$501.56M$4.5918.46

In the previous week, NextEra Energy Partners had 15 more articles in the media than Pinnacle West Capital. MarketBeat recorded 28 mentions for NextEra Energy Partners and 13 mentions for Pinnacle West Capital. Pinnacle West Capital's average media sentiment score of 0.99 beat NextEra Energy Partners' score of 0.68 indicating that Pinnacle West Capital is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextEra Energy Partners
8 Very Positive mention(s)
11 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Pinnacle West Capital
6 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Pinnacle West Capital received 3 more outperform votes than NextEra Energy Partners when rated by MarketBeat users. However, 59.53% of users gave NextEra Energy Partners an outperform vote while only 41.97% of users gave Pinnacle West Capital an outperform vote.

CompanyUnderperformOutperform
NextEra Energy PartnersOutperform Votes
384
59.53%
Underperform Votes
261
40.47%
Pinnacle West CapitalOutperform Votes
387
41.97%
Underperform Votes
535
58.03%

NextEra Energy Partners pays an annual dividend of $3.57 per share and has a dividend yield of 13.6%. Pinnacle West Capital pays an annual dividend of $3.52 per share and has a dividend yield of 4.2%. NextEra Energy Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Pinnacle West Capital pays out 76.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

66.0% of NextEra Energy Partners shares are owned by institutional investors. Comparatively, 91.5% of Pinnacle West Capital shares are owned by institutional investors. 0.1% of NextEra Energy Partners shares are owned by insiders. Comparatively, 0.2% of Pinnacle West Capital shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

NextEra Energy Partners has a net margin of 24.42% compared to Pinnacle West Capital's net margin of 11.09%. Pinnacle West Capital's return on equity of 8.29% beat NextEra Energy Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy Partners24.42% -0.40% -0.25%
Pinnacle West Capital 11.09%8.29%2.13%

NextEra Energy Partners currently has a consensus price target of $33.79, indicating a potential upside of 29.00%. Pinnacle West Capital has a consensus price target of $76.77, indicating a potential downside of 9.37%. Given NextEra Energy Partners' higher possible upside, equities research analysts clearly believe NextEra Energy Partners is more favorable than Pinnacle West Capital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy Partners
2 Sell rating(s)
12 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.06
Pinnacle West Capital
0 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42

NextEra Energy Partners has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500. Comparatively, Pinnacle West Capital has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500.

Summary

Pinnacle West Capital beats NextEra Energy Partners on 13 of the 20 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$2.45B$13.04B$8.20B$18.49B
Dividend Yield12.99%4.59%11.70%3.50%
P/E Ratio8.5913.7615.8825.42
Price / Sales2.272.7971.1015.36
Price / Cash6.677.989.1319.61
Price / Book0.171.643.795.08
Net Income$200M$697.29M$961.59M$977.27M
7 Day Performance-2.02%1.54%0.10%1.51%
1 Month Performance-6.98%5.44%1.78%6.13%
1 Year Performance-53.80%-1.01%351.09%7.84%

NextEra Energy Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PNW
Pinnacle West Capital
4.4569 of 5 stars
4.46 / 5 stars
$82.55
+0.1%
$76.77
-7.0%
-2.0%$9.37B$4.70B17.986,133Upcoming Earnings
Analyst Revision
News Coverage
OGE
OGE Energy
3.8876 of 5 stars
3.89 / 5 stars
$37.37
0.0%
$33.60
-10.1%
+3.6%$7.49B$2.67B18.972,329News Coverage
BEP
Brookfield Renewable Partners
4.3948 of 5 stars
4.39 / 5 stars
$24.81
+0.5%
$31.42
+26.6%
-19.4%$7.07B$5.04B-53.934,770Upcoming Earnings
Analyst Forecast
ELPC
Companhia Paranaense de Energia
0 of 5 stars
0.00 / 5 stars
$6.39
-1.7%
N/AN/A$6.84BN/A0.006,320Short Interest ↑
CIG
CEMIG
2.3244 of 5 stars
2.32 / 5 stars
$1.86
-2.6%
$2.12
+13.7%
-8.7%$5.32B$7.38B4.654,917Short Interest ↑
News Coverage
CWEN
Clearway Energy
0.6639 of 5 stars
0.66 / 5 stars
$25.59
-1.2%
$29.00
+13.3%
-6.6%$5.17B$1.31B38.7761Upcoming Earnings
Short Interest ↑
BEPC
Brookfield Renewable
4.3132 of 5 stars
4.31 / 5 stars
$28.70
-0.5%
$33.50
+16.7%
-11.9%$5.16B$5.04B-62.391,890Upcoming Earnings
Short Interest ↓
Positive News
IDA
IDACORP
4.2082 of 5 stars
4.21 / 5 stars
$94.92
-0.5%
$96.40
+1.6%
-7.4%$5.05B$1.77B19.062,112Upcoming Earnings
Short Interest ↑
POR
Portland General Electric
1.6638 of 5 stars
1.66 / 5 stars
$46.75
-0.8%
$44.86
-4.0%
-2.1%$4.82B$2.92B17.912,842Earnings Report
Dividend Announcement
Short Interest ↑
Analyst Revision
News Coverage
AQN
Algonquin Power & Utilities
4.8074 of 5 stars
4.81 / 5 stars
$6.10
flat
$7.38
+21.1%
-25.5%$4.67B$2.66B-12.443,500Short Interest ↓
Analyst Revision

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This page (NYSE:NEP) was last updated on 7/26/2024 by MarketBeat.com Staff

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