Go Pro
→ Buy this stock today (From Chaikin Analytics) (Ad)tc pixel Free NPI Stock Alerts

Northland Power (NPI) Competitors

Northland Power logo
C$21.28 +0.18 (+0.85%)
As of 08/6/2026 04:00 PM Eastern
Compare

NPI vs. BEPC, AQN, BLX, RNW, and INE

Should you buy Northland Power stock or one of its competitors? MarketBeat compares Northland Power with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Northland Power include Brookfield Renewable (BEPC), Algonquin Power & Utilities (AQN), Boralex (BLX), TransAlta Renewables (RNW), and Innergex Renewable Energy (INE). These companies are all part of the "utilities" sector.

How does Northland Power compare to Brookfield Renewable?

Brookfield Renewable (TSE:BEPC) and Northland Power (TSE:NPI) are both mid-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, institutional ownership, profitability, analyst recommendations, risk, valuation, dividends and media sentiment.

30.5% of Brookfield Renewable shares are held by institutional investors. Comparatively, 42.8% of Northland Power shares are held by institutional investors. 0.0% of Brookfield Renewable shares are held by insiders. Comparatively, 0.1% of Northland Power shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Brookfield Renewable pays an annual dividend of C$1.53 per share and has a dividend yield of 3.3%. Northland Power pays an annual dividend of C$1.04 per share and has a dividend yield of 4.9%. Brookfield Renewable pays out -7.2% of its earnings in the form of a dividend. Northland Power pays out -182.5% 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. Northland Power is clearly the better dividend stock, given its higher yield and lower payout ratio.

Brookfield Renewable presently has a consensus target price of C$49.00, suggesting a potential upside of 4.97%. Northland Power has a consensus target price of C$24.70, suggesting a potential upside of 16.07%. Given Northland Power's stronger consensus rating and higher probable upside, analysts clearly believe Northland Power is more favorable than Brookfield Renewable.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Brookfield Renewable
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Northland Power
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40

Brookfield Renewable has higher revenue and earnings than Northland Power. Northland Power is trading at a lower price-to-earnings ratio than Brookfield Renewable, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Brookfield RenewableC$3.83B2.26-C$144.17M-C$21.26N/A
Northland PowerC$2.54B2.19-C$144.54M-C$0.57N/A

Northland Power has a net margin of -5.52% compared to Brookfield Renewable's net margin of -110.51%. Brookfield Renewable's return on equity of 257.80% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Brookfield Renewable-110.51% 257.80% 2.20%
Northland Power -5.52%-3.45%3.96%

Brookfield Renewable has a beta of 1.211031, indicating that its stock price is 21% more volatile than the broader market. Comparatively, Northland Power has a beta of 0.876412, indicating that its stock price is 12% less volatile than the broader market.

In the previous week, Brookfield Renewable had 3 more articles in the media than Northland Power. MarketBeat recorded 4 mentions for Brookfield Renewable and 1 mentions for Northland Power. Brookfield Renewable's average media sentiment score of 0.29 beat Northland Power's score of 0.00 indicating that Brookfield Renewable is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Brookfield Renewable
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Northland Power
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Northland Power beats Brookfield Renewable on 10 of the 18 factors compared between the two stocks.

How does Northland Power compare to Algonquin Power & Utilities?

Algonquin Power & Utilities (TSE:AQN) and Northland Power (TSE:NPI) are both mid-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.

Northland Power has higher revenue and earnings than Algonquin Power & Utilities. Northland Power is trading at a lower price-to-earnings ratio than Algonquin Power & Utilities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algonquin Power & UtilitiesC$2.53B2.45-C$763.91MC$0.2138.38
Northland PowerC$2.54B2.19-C$144.54M-C$0.57N/A

Algonquin Power & Utilities has a net margin of 6.71% compared to Northland Power's net margin of -5.52%. Algonquin Power & Utilities' return on equity of 3.63% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Algonquin Power & Utilities6.71% 3.63% 1.59%
Northland Power -5.52%-3.45%3.96%

Algonquin Power & Utilities pays an annual dividend of C$0.26 per share and has a dividend yield of 3.2%. Northland Power pays an annual dividend of C$1.04 per share and has a dividend yield of 4.9%. Algonquin Power & Utilities pays out 124.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Northland Power pays out -182.5% of its earnings in the form of a dividend. Northland Power is clearly the better dividend stock, given its higher yield and lower payout ratio.

45.0% of Algonquin Power & Utilities shares are held by institutional investors. Comparatively, 42.8% of Northland Power shares are held by institutional investors. 0.1% of Algonquin Power & Utilities shares are held by company insiders. Comparatively, 0.1% of Northland Power shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Algonquin Power & Utilities and Algonquin Power & Utilities both had 1 articles in the media. Algonquin Power & Utilities' average media sentiment score of 0.45 beat Northland Power's score of 0.00 indicating that Algonquin Power & Utilities is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Algonquin Power & Utilities
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Northland Power
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Algonquin Power & Utilities has a beta of 1.450298, indicating that its stock price is 45% more volatile than the broader market. Comparatively, Northland Power has a beta of 0.876412, indicating that its stock price is 12% less volatile than the broader market.

Algonquin Power & Utilities currently has a consensus price target of C$8.00, suggesting a potential downside of 0.74%. Northland Power has a consensus price target of C$24.70, suggesting a potential upside of 16.07%. Given Northland Power's higher probable upside, analysts clearly believe Northland Power is more favorable than Algonquin Power & Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Algonquin Power & Utilities
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
3 Strong Buy rating(s)
3.13
Northland Power
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Algonquin Power & Utilities beats Northland Power on 10 of the 18 factors compared between the two stocks.

How does Northland Power compare to Boralex?

Northland Power (TSE:NPI) and Boralex (TSE:BLX) are both mid-cap utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, dividends, profitability and media sentiment.

42.8% of Northland Power shares are held by institutional investors. Comparatively, 33.1% of Boralex shares are held by institutional investors. 0.1% of Northland Power shares are held by insiders. Comparatively, 0.2% of Boralex shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Northland Power pays an annual dividend of C$1.04 per share and has a dividend yield of 4.9%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 1.8%. Northland Power pays out -182.5% of its earnings in the form of a dividend. Boralex pays out -212.9% 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.

Northland Power has a beta of 0.876412, indicating that its stock price is 12% less volatile than the broader market. Comparatively, Boralex has a beta of 0.216624, indicating that its stock price is 78% less volatile than the broader market.

Boralex has a net margin of -3.56% compared to Northland Power's net margin of -5.52%. Boralex's return on equity of -2.08% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Northland Power-5.52% -3.45% 3.96%
Boralex -3.56%-2.08%2.54%

In the previous week, Boralex had 1 more articles in the media than Northland Power. MarketBeat recorded 2 mentions for Boralex and 1 mentions for Northland Power. Boralex's average media sentiment score of 0.55 beat Northland Power's score of 0.00 indicating that Boralex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Northland Power
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Boralex
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Northland Power presently has a consensus target price of C$24.70, indicating a potential upside of 16.07%. Boralex has a consensus target price of C$38.39, indicating a potential upside of 3.48%. Given Northland Power's higher possible upside, equities research analysts plainly believe Northland Power is more favorable than Boralex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northland Power
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40
Boralex
1 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.50

Boralex has lower revenue, but higher earnings than Northland Power. Boralex is trading at a lower price-to-earnings ratio than Northland Power, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northland PowerC$2.54B2.19-C$144.54M-C$0.57N/A
BoralexC$898M4.25C$71.91M-C$0.31N/A

Summary

Boralex beats Northland Power on 11 of the 19 factors compared between the two stocks.

How does Northland Power compare to TransAlta Renewables?

TransAlta Renewables (TSE:RNW) and Northland Power (TSE:NPI) are both mid-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, media sentiment, dividends, analyst recommendations, profitability and earnings.

In the previous week, Northland Power had 1 more articles in the media than TransAlta Renewables. MarketBeat recorded 1 mentions for Northland Power and 0 mentions for TransAlta Renewables. TransAlta Renewables' average media sentiment score of 0.00 equaled Northland Power'saverage media sentiment score.

Company Overall Sentiment
TransAlta Renewables Neutral
Northland Power Neutral

9.5% of TransAlta Renewables shares are held by institutional investors. Comparatively, 42.8% of Northland Power shares are held by institutional investors. 60.1% of TransAlta Renewables shares are held by company insiders. Comparatively, 0.1% of Northland Power shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

TransAlta Renewables has a net margin of 15.73% compared to Northland Power's net margin of -5.52%. TransAlta Renewables' return on equity of 4.30% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
TransAlta Renewables15.73% 4.30% 1.71%
Northland Power -5.52%-3.45%3.96%

Northland Power has a consensus target price of C$24.70, suggesting a potential upside of 16.07%. Given Northland Power's stronger consensus rating and higher possible upside, analysts plainly believe Northland Power is more favorable than TransAlta Renewables.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TransAlta Renewables
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Northland Power
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40

TransAlta Renewables has higher earnings, but lower revenue than Northland Power. Northland Power is trading at a lower price-to-earnings ratio than TransAlta Renewables, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TransAlta RenewablesC$496M0.00C$78MC$0.30N/A
Northland PowerC$2.54B2.19-C$144.54M-C$0.57N/A

TransAlta Renewables has a beta of 0.74, suggesting that its stock price is 26% less volatile than the broader market. Comparatively, Northland Power has a beta of 0.876412, suggesting that its stock price is 12% less volatile than the broader market.

TransAlta Renewables pays an annual dividend of C$0.94 per share. Northland Power pays an annual dividend of C$1.04 per share and has a dividend yield of 4.9%. TransAlta Renewables pays out 313.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Northland Power pays out -182.5% of its earnings in the form of a dividend. Northland Power is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Northland Power beats TransAlta Renewables on 10 of the 16 factors compared between the two stocks.

How does Northland Power compare to Innergex Renewable Energy?

Northland Power (TSE:NPI) and Innergex Renewable Energy (TSE:INE) 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, media sentiment, institutional ownership, earnings, profitability, valuation and risk.

Innergex Renewable Energy has a net margin of 1.67% compared to Northland Power's net margin of -5.52%. Innergex Renewable Energy's return on equity of 1.44% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Northland Power-5.52% -3.45% 3.96%
Innergex Renewable Energy 1.67%1.44%2.25%

Innergex Renewable Energy has lower revenue, but higher earnings than Northland Power. Northland Power is trading at a lower price-to-earnings ratio than Innergex Renewable Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northland PowerC$2.54B2.19-C$144.54M-C$0.57N/A
Innergex Renewable EnergyC$1.00B2.80-C$129.06M-C$0.62N/A

42.8% of Northland Power shares are held by institutional investors. Comparatively, 35.6% of Innergex Renewable Energy shares are held by institutional investors. 0.1% of Northland Power shares are held by company insiders. Comparatively, 20.5% of Innergex Renewable Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Northland Power presently has a consensus price target of C$24.70, suggesting a potential upside of 16.07%. Given Northland Power's stronger consensus rating and higher possible upside, equities analysts clearly believe Northland Power is more favorable than Innergex Renewable Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northland Power
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40
Innergex Renewable Energy
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Northland Power had 1 more articles in the media than Innergex Renewable Energy. MarketBeat recorded 1 mentions for Northland Power and 0 mentions for Innergex Renewable Energy. Northland Power's average media sentiment score of 0.00 equaled Innergex Renewable Energy'saverage media sentiment score.

Company Overall Sentiment
Northland Power Neutral
Innergex Renewable Energy Neutral

Northland Power has a beta of 0.876412, indicating that its stock price is 12% less volatile than the broader market. Comparatively, Innergex Renewable Energy has a beta of 0.36, indicating that its stock price is 64% less volatile than the broader market.

Northland Power pays an annual dividend of C$1.04 per share and has a dividend yield of 4.9%. Innergex Renewable Energy pays an annual dividend of C$0.36 per share and has a dividend yield of 2.6%. Northland Power pays out -182.5% of its earnings in the form of a dividend. Innergex Renewable Energy pays out -57.7% 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. Northland Power is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Northland Power beats Innergex Renewable Energy on 11 of the 17 factors compared between the two stocks.

Get Northland Power News Delivered to You Automatically

Sign up to receive the latest news and ratings for NPI and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

NPI vs. The Competition

Export
MetricNorthland PowerIndependent Power & Renewable Electricity Producers IndustryUtilities SectorTSE Exchange
Market CapC$5.56BC$6.98BC$16.11BC$12.52B
Dividend Yield3.30%4.40%4.02%6.20%
P/E Ratio-37.3325.2620.0934.29
Price / Sales2.19314.15282.569.84
Price / Cash5.7915.3118.7182.29
Price / Book1.232.592.064.50
Net Income-C$144.54MC$231.71MC$701.59MC$299.09M
7 Day Performance-2.47%-0.09%-0.38%2.56%
1 Month Performance-1.98%-1.25%-1.12%1.57%
1 Year Performance-4.83%5.80%8.92%33.86%

Northland Power Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NPI
Northland Power
2.3974 of 5 stars		C$21.28
+0.9%		C$24.70
+16.1%		-4.8%C$5.56BC$2.54BN/A1,150
BEPC
Brookfield Renewable
1.4354 of 5 stars		C$46.02
-2.8%		C$49.00
+6.5%		-0.1%C$8.63BC$3.70BN/A1,890
AQN
Algonquin Power & Utilities
1.2182 of 5 stars		C$8.51
-0.9%		C$8.00
-6.0%		-0.6%C$6.61BC$2.53B40.523,440
BLX
Boralex
0.8772 of 5 stars		C$37.03
+0.1%		C$38.39
+3.7%		+20.7%C$3.80BC$898MN/A180
RNW
TransAlta Renewables
N/AN/AN/AN/AC$3.33BC$496M41.601,680

Related Companies and Tools

Related Companies
Top 10 Stock Comparisons

This page (TSE:NPI) was last updated on 8/7/2026 by MarketBeat.com Staff.
From Our Partners
ALERT: Drop these 5 stocks before the market opens tomorrow!
The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...
Weiss Ratings | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Tru...
Altimetry | Sponsoredtc pixel
Ready to give options a try? Your first trade (Ticker included) -INSIDE
Tired of trying tactic after tactic when it comes to options trades... only to be met with market noise and st...
Base Camp Trading | Sponsoredtc pixel
The $15 Gold Fund That Pays Up to $1,152/Month
Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...
Investors Alley | Sponsoredtc pixel
Buy this stock today
Marc Chaikin, founder of Chaikin Analytics, is sharing a strategy he calls 'Sell This, Buy That' - a way to mo...
Chaikin Analytics | Sponsoredtc pixel
My top 3 AI picks for the next decade
Alexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up A...
The Oxford Club | Sponsoredtc pixel
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - b...
Stansberry Research | Sponsoredtc pixel