NPI vs. AQN, BLX, TA, RNW, BEP.UN, INE, BIPC, BEPC, CPX, and ACO.X
Should you be buying Northland Power stock or one of its competitors? The main competitors of Northland Power include Algonquin Power & Utilities (AQN), Boralex (BLX), TransAlta (TA), TransAlta Renewables (RNW), Brookfield Renewable Partners (BEP.UN), Innergex Renewable Energy (INE), Brookfield Infrastructure (BIPC), Brookfield Renewable (BEPC), Capital Power (CPX), and ATCO (ACO.X). These companies are all part of the "utilities" sector.
Northland Power vs.
Northland Power (TSE:NPI) and Algonquin Power & Utilities (TSE:AQN) are both mid-cap utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, community ranking, media sentiment, institutional ownership, earnings, profitability, valuation and risk.
Northland Power has a net margin of 28.14% compared to Algonquin Power & Utilities' net margin of -1.17%. Northland Power's return on equity of 18.76% beat Algonquin Power & Utilities' return on equity.
Northland Power pays an annual dividend of C$1.20 per share and has a dividend yield of 4.0%. Algonquin Power & Utilities pays an annual dividend of C$0.58 per share and has a dividend yield of 5.2%. Northland Power pays out 43.8% of its earnings in the form of a dividend. Algonquin Power & Utilities pays out -644.4% 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. Algonquin Power & Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.
In the previous week, Northland Power had 6 more articles in the media than Algonquin Power & Utilities. MarketBeat recorded 9 mentions for Northland Power and 3 mentions for Algonquin Power & Utilities. Northland Power's average media sentiment score of 0.46 beat Algonquin Power & Utilities' score of -0.32 indicating that Northland Power is being referred to more favorably in the media.
Algonquin Power & Utilities received 20 more outperform votes than Northland Power when rated by MarketBeat users. Likewise, 73.65% of users gave Algonquin Power & Utilities an outperform vote while only 66.44% of users gave Northland Power an outperform vote.
Northland Power has a beta of 0.39, suggesting that its stock price is 61% less volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500.
Northland Power currently has a consensus target price of C$44.45, indicating a potential upside of 48.51%. Algonquin Power & Utilities has a consensus target price of C$9.50, indicating a potential downside of 15.33%. Given Northland Power's stronger consensus rating and higher possible upside, equities research analysts clearly believe Northland Power is more favorable than Algonquin Power & Utilities.
42.8% of Northland Power shares are owned by institutional investors. Comparatively, 48.3% of Algonquin Power & Utilities shares are owned by institutional investors. 0.1% of Northland Power shares are owned by insiders. Comparatively, 0.1% of Algonquin Power & Utilities 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.
Northland Power has higher earnings, but lower revenue than Algonquin Power & Utilities. Algonquin Power & Utilities is trading at a lower price-to-earnings ratio than Northland Power, indicating that it is currently the more affordable of the two stocks.
Summary
Northland Power beats Algonquin Power & Utilities on 14 of the 20 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding NPI 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 TSE 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.
Northland Power Competitors List
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