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10 Ways Entrepreneurs Can Navigate a Down Economy
New "Mined in America" Lithium Opportunities? (Ad)
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
Is Graphite the New Lithium? (Ad)
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
Open vs. Anonymous Employee Feedback — Which is Better?
How to Invest in AI's Fast-Growing Market (Ad)
Canada Goose is Projecting Optimism, but Investors Aren’t Buying
Stock market today: Global shares mixed as investors await debt ceiling vote, eye China economy
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
New "Mined in America" Lithium Opportunities? (Ad)
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
Is Graphite the New Lithium? (Ad)
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
Open vs. Anonymous Employee Feedback — Which is Better?
How to Invest in AI's Fast-Growing Market (Ad)
Canada Goose is Projecting Optimism, but Investors Aren’t Buying
Stock market today: Global shares mixed as investors await debt ceiling vote, eye China economy
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
New "Mined in America" Lithium Opportunities? (Ad)
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
Is Graphite the New Lithium? (Ad)
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
Open vs. Anonymous Employee Feedback — Which is Better?
How to Invest in AI's Fast-Growing Market (Ad)
Canada Goose is Projecting Optimism, but Investors Aren’t Buying
Stock market today: Global shares mixed as investors await debt ceiling vote, eye China economy
TSE:NPI

Northland Power (NPI) Competitors

C$29.93
+0.17 (+0.57%)
(As of 05/29/2023 ET)
Compare
Today's Range
C$29.64
C$30.04
50-Day Range
C$28.63
C$34.60
52-Week Range
C$27.20
C$47.13
Volume
180,303 shs
Average Volume
796,370 shs
Market Capitalization
C$7.55 billion
P/E Ratio
10.92
Dividend Yield
4.01%
Price Target
C$44.45

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.

Company Net Margins Return on Equity Return on Assets
Northland Power 28.14% 18.76% 4.34%
Algonquin Power & Utilities -1.17% -1.48% 1.74%

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.

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

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.

CompanyUnderperformOutperform
Northland PowerOutperform Votes
497
66.44%
Underperform Votes
251
33.56%
Algonquin Power & UtilitiesOutperform Votes
517
73.65%
Underperform Votes
185
26.35%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northland Power
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
Algonquin Power & Utilities
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northland PowerC$2.38 billion3.17C$658.50 millionC$2.7410.92
Algonquin Power & UtilitiesC$2.81 billion2.75-C$41.41 million-C$0.09-124.67

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.
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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.
Skip Chart

NPI vs. The Competition

MetricNorthland PowerUtilities IndustryUtilities SectorTSE Exchange
Market CapC$7.55BC$5.38BC$13.25BC$4.02B
Dividend Yield4.03%4.49%4.19%5.54%
P/E Ratio10.92346.38101.6324.54
Price / Sales3.17260.291,475.521,086.61
Price / Cash5.79106.7648.7676.97
Price / Book1.742.822.003.88
Net IncomeC$658.50M-C$325.13MC$444.47MC$332.98M
7 Day Performance0.10%0.49%-1.54%-1.56%
1 Month Performance-10.01%2.20%-2.94%-3.35%
1 Year Performance-22.70%-21.10%-9.95%5.89%

Northland Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AQN
Algonquin Power & Utilities
0.9204 of 5 stars
C$11.59
+1.3%
C$9.50
-18.0%
-39.3%C$7.98BC$2.81B-128.783,445Analyst Revision
BLX
Boralex
1.5099 of 5 stars
C$37.36
-1.1%
C$47.30
+26.6%
-8.7%C$3.84BC$836M169.82562
TA
TransAlta
2.4442 of 5 stars
C$13.15
+0.2%
C$16.86
+28.2%
-11.0%C$3.50BC$2.98B31.311,282
RNW
TransAlta Renewables
1.9653 of 5 stars
C$12.83
+0.3%
C$15.05
+17.3%
-25.3%C$3.42BC$536M42.77N/APositive News
BEP.UN
Brookfield Renewable Partners
0.9861 of 5 stars
C$42.60
-0.2%
C$37.50
-12.0%
-9.6%C$11.73BC$4.93B-60.00N/ADividend Announcement
INE
Innergex Renewable Energy
1.8278 of 5 stars
C$13.75
flat
C$18.83
+37.0%
-22.0%C$2.81BC$881.05M-41.67488
BIPC
Brookfield Infrastructure
0 of 5 stars
64.21
+1.6%
N/A-31.0%$7.10B$1.92B4.441,700
BEPC
Brookfield Renewable
0 of 5 stars
47.29
+0.2%
N/A-4.4%$8.14B$3.96B4.301,890
CPX
Capital Power
1.9147 of 5 stars
C$46.01
-0.7%
C$52.10
+13.2%
+0.2%C$5.38BC$3.48B20.36773
ACO.X
ATCO
1.9754 of 5 stars
C$43.34
-1.1%
C$50.00
+15.4%
-6.7%C$4.37BC$5.02B12.016,358

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This page (TSE:NPI) was last updated on 5/30/2023 by MarketBeat.com Staff

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