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Northland Power (NPI) Competitors

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C$20.84 -0.52 (-2.43%)
As of 08/28/2026 04:00 PM Eastern
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NPI vs. BEP.UN, BEPC, BLX, RNW, and INE

Should you buy Northland Power stock or one of its competitors? Northland Power's main competitors and comparable companies include Brookfield Renewable Partners (BEP.UN), Brookfield Renewable (BEPC), Boralex (BLX), TransAlta Renewables (RNW), and Innergex Renewable Energy (INE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "renewable electricity" industry.

How does Northland Power compare to Brookfield Renewable Partners?

Northland Power (TSE:NPI) and Brookfield Renewable Partners (TSE:BEP.UN) are both utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, valuation, dividends, profitability, earnings, analyst recommendations and risk.

Brookfield Renewable Partners has a net margin of -4.20% compared to Northland Power's net margin of -5.48%. Brookfield Renewable Partners' return on equity of 0.46% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Northland Power-5.48% -3.46% 3.96%
Brookfield Renewable Partners -4.20%0.46%0.84%

Northland Power has higher earnings, but lower revenue than Brookfield Renewable Partners. Brookfield Renewable Partners 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$2.54B2.14-C$144.54M-C$0.56N/A
Brookfield Renewable PartnersC$6.36B2.08-C$230M-C$0.44N/A

Northland Power has a beta of 0.876412, suggesting that its share price is 12% less volatile than the broader market. Comparatively, Brookfield Renewable Partners has a beta of 1.212996, suggesting that its share price is 21% more volatile than the broader market.

Northland Power presently has a consensus price target of C$24.90, suggesting a potential upside of 19.48%. Brookfield Renewable Partners has a consensus price target of C$41.50, suggesting a potential downside of 5.83%. Given Northland Power's stronger consensus rating and higher probable upside, research analysts plainly believe Northland Power is more favorable than Brookfield Renewable Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northland Power
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70
Brookfield Renewable Partners
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, Northland Power had 2 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 2 mentions for Northland Power and 0 mentions for Brookfield Renewable Partners. Northland Power's average media sentiment score of 0.00 equaled Brookfield Renewable Partners'average media sentiment score.

Company Overall Sentiment
Northland Power Neutral
Brookfield Renewable Partners Neutral

Northland Power pays an annual dividend of C$0.92 per share and has a dividend yield of 4.4%. Brookfield Renewable Partners pays an annual dividend of C$1.53 per share and has a dividend yield of 3.5%. Northland Power pays out -164.3% of its earnings in the form of a dividend. Brookfield Renewable Partners pays out -347.7% 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.

42.1% of Northland Power shares are owned by institutional investors. Comparatively, 23.3% of Brookfield Renewable Partners shares are owned by institutional investors. 0.1% of Northland Power shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Northland Power beats Brookfield Renewable Partners on 12 of the 18 factors compared between the two stocks.

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 stock? We will compare the two businesses based on the strength of their risk, valuation, earnings, profitability, dividends, analyst recommendations, institutional ownership and media sentiment.

Brookfield Renewable pays an annual dividend of C$1.53 per share and has a dividend yield of 3.4%. Northland Power pays an annual dividend of C$0.92 per share and has a dividend yield of 4.4%. Brookfield Renewable pays out -7.2% of its earnings in the form of a dividend. Northland Power pays out -164.3% 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 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, Northland Power had 2 more articles in the media than Brookfield Renewable. MarketBeat recorded 2 mentions for Northland Power and 0 mentions for Brookfield Renewable. Brookfield Renewable's average media sentiment score of 0.00 equaled Northland Power'saverage media sentiment score.

Company Overall Sentiment
Brookfield Renewable Neutral
Northland Power Neutral

29.9% of Brookfield Renewable shares are owned by institutional investors. Comparatively, 42.1% of Northland Power shares are owned by institutional investors. 0.0% of Brookfield Renewable shares are owned by company insiders. Comparatively, 0.1% of Northland Power shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Northland Power has a net margin of -5.48% 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 -5.48%-3.46%3.96%

Brookfield Renewable currently has a consensus price target of C$49.00, indicating a potential upside of 9.20%. Northland Power has a consensus price target of C$24.90, indicating a potential upside of 19.48%. 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)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70

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$3.83B2.18-C$144.17M-C$21.26N/A
Northland PowerC$2.54B2.14-C$144.54M-C$0.56N/A

Summary

Northland Power beats Brookfield Renewable on 12 of the 18 factors compared between the two stocks.

How does Northland Power compare to Boralex?

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

Boralex has a beta of 0.216624, indicating that its stock price is 78% less 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.

Boralex has a net margin of -3.56% compared to Northland Power's net margin of -5.48%. Boralex's return on equity of -2.08% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Boralex-3.56% -2.08% 2.54%
Northland Power -5.48%-3.46%3.96%

31.3% of Boralex shares are held by institutional investors. Comparatively, 42.1% of Northland Power shares are held by institutional investors. 0.2% of Boralex 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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Boralex has higher earnings, but lower revenue 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
BoralexC$898M4.26C$71.91M-C$0.31N/A
Northland PowerC$2.54B2.14-C$144.54M-C$0.56N/A

Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 1.8%. Northland Power pays an annual dividend of C$0.92 per share and has a dividend yield of 4.4%. Boralex pays out -212.9% of its earnings in the form of a dividend. Northland Power pays out -164.3% 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.

Boralex presently has a consensus target price of C$38.39, indicating a potential upside of 3.10%. Northland Power has a consensus target price of C$24.90, indicating a potential upside of 19.48%. Given Northland Power's stronger consensus rating and higher probable upside, analysts plainly believe Northland Power is more favorable than Boralex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boralex
1 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.50
Northland Power
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70

In the previous week, Northland Power had 2 more articles in the media than Boralex. MarketBeat recorded 2 mentions for Northland Power and 0 mentions for Boralex. Boralex's average media sentiment score of 0.00 equaled Northland Power'saverage media sentiment score.

Company Overall Sentiment
Boralex Neutral
Northland Power Neutral

Summary

Northland Power beats Boralex on 10 of the 17 factors compared between the two stocks.

How does Northland Power compare to TransAlta Renewables?

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

Northland Power pays an annual dividend of C$0.92 per share and has a dividend yield of 4.4%. TransAlta Renewables pays an annual dividend of C$0.94 per share. Northland Power pays out -164.3% of its earnings in the form of a dividend. 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Northland Power currently has a consensus target price of C$24.90, suggesting a potential upside of 19.48%. Given Northland Power's stronger consensus rating and higher probable upside, equities analysts plainly believe Northland Power is more favorable than TransAlta Renewables.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northland Power
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70
TransAlta Renewables
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 2 more articles in the media than TransAlta Renewables. MarketBeat recorded 2 mentions for Northland Power and 0 mentions for TransAlta Renewables. Northland Power's average media sentiment score of 0.00 equaled TransAlta Renewables'average media sentiment score.

Company Overall Sentiment
Northland Power Neutral
TransAlta Renewables Neutral

TransAlta Renewables has a net margin of 15.73% compared to Northland Power's net margin of -5.48%. TransAlta Renewables' return on equity of 4.30% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Northland Power-5.48% -3.46% 3.96%
TransAlta Renewables 15.73%4.30%1.71%

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

TransAlta Renewables has lower revenue, but higher earnings 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
Northland PowerC$2.54B2.14-C$144.54M-C$0.56N/A
TransAlta RenewablesC$496M0.00C$78MC$0.30N/A

42.1% of Northland Power shares are owned by institutional investors. Comparatively, 9.5% of TransAlta Renewables shares are owned by institutional investors. 0.1% of Northland Power shares are owned by insiders. Comparatively, 60.1% of TransAlta Renewables shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Northland Power beats TransAlta Renewables on 11 of the 17 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 companies based on the strength of their dividends, profitability, media sentiment, earnings, analyst recommendations, institutional ownership, risk and valuation.

Northland Power pays an annual dividend of C$0.92 per share and has a dividend yield of 4.4%. 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 -164.3% 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.

Northland Power presently has a consensus target price of C$24.90, indicating a potential upside of 19.48%. Given Northland Power's stronger consensus rating and higher probable 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)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70
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 2 more articles in the media than Innergex Renewable Energy. MarketBeat recorded 2 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

Innergex Renewable Energy has a net margin of 1.67% compared to Northland Power's net margin of -5.48%. 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-5.48% -3.46% 3.96%
Innergex Renewable Energy 1.67%1.44%2.25%

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

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$2.54B2.14-C$144.54M-C$0.56N/A
Innergex Renewable EnergyC$1.00B2.80-C$129.06M-C$0.62N/A

42.1% 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 insiders. Comparatively, 20.5% of Innergex Renewable Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Northland Power beats Innergex Renewable Energy on 12 of the 18 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 NPI 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 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.
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NPI vs. The Competition

Export
MetricNorthland PowerIndependent Power & Renewable Electricity Producers IndustryUtilities SectorTSE Exchange
Market CapC$5.59BC$7.10BC$15.91BC$12.56B
Dividend Yield3.37%4.34%4.02%6.23%
P/E Ratio-37.2134.9724.9538.31
Price / Sales2.14588.48353.6410.23
Price / Cash5.7915.2918.7282.29
Price / Book1.162.292.264.76
Net Income-C$144.54MC$231.18MC$701.43MC$299.09M
7 Day Performance-2.34%-0.76%-0.05%-0.56%
1 Month Performance-2.98%-0.51%-1.09%5.73%
1 Year Performance-6.34%6.77%9.44%30.17%

Northland Power Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NPI
Northland Power
2.7957 of 5 stars		C$20.84
-2.4%		C$24.90
+19.5%		-6.9%C$5.59BC$2.54BN/A1,150
BEP.UN
Brookfield Renewable Partners
0.2373 of 5 stars		C$44.80
-0.8%		C$41.50
-7.4%		+23.5%C$13.45BC$6.36BN/AN/A
BEPC
Brookfield Renewable
1.0223 of 5 stars		C$45.55
-0.6%		C$49.00
+7.6%		-5.3%C$8.45BC$3.83BN/A1,890
BLX
Boralex
1.3287 of 5 stars		C$37.24
flat		C$38.39
+3.1%		+28.0%C$3.83BC$898MN/A180
RNW
TransAlta Renewables
N/AN/AN/AN/AC$3.33BC$496M41.601,680

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This page (TSE:NPI) was last updated on 8/29/2026 by MarketBeat.com Staff.
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