Free Trial

Northland Power (NPI) Competitors

Northland Power logo
C$22.63 -0.93 (-3.95%)
As of 05/14/2026 04:18 PM Eastern

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 - renewable" industry.

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 contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, risk, analyst recommendations, profitability, valuation and earnings.

Brookfield Renewable pays an annual dividend of C$1.51 per share and has a dividend yield of 3.0%. Northland Power pays an annual dividend of C$1.16 per share and has a dividend yield of 5.1%. Brookfield Renewable pays out -6.0% of its earnings in the form of a dividend. Northland Power pays out -178.5% 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 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$3.70B2.44-C$144.17M-C$25.06N/A
Northland PowerC$2.43B2.43-C$144.54M-C$0.65N/A

In the previous week, Northland Power had 3 more articles in the media than Brookfield Renewable. MarketBeat recorded 3 mentions for Northland Power and 0 mentions for Brookfield Renewable. Northland Power's average media sentiment score of 0.52 beat Brookfield Renewable's score of 0.00 indicating that Northland Power is being referred to more favorably in the news media.

Company Overall Sentiment
Brookfield Renewable Neutral
Northland Power Positive

Northland Power has a net margin of -6.69% compared to Brookfield Renewable's net margin of -127.72%. Brookfield Renewable's return on equity of 520.67% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Brookfield Renewable-127.72% 520.67% 2.20%
Northland Power -6.69%-3.92%3.96%

Brookfield Renewable has a beta of 1.063349, meaning that its share price is 6% more volatile than the broader market. Comparatively, Northland Power has a beta of 0.904302, meaning that its share price is 10% less volatile than the broader market.

Northland Power has a consensus price target of C$23.63, indicating a potential upside of 4.40%. Given Northland Power's stronger consensus rating and higher probable upside, analysts plainly 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)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Northland Power
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63

30.2% of Brookfield Renewable shares are held by institutional investors. Comparatively, 42.1% of Northland Power shares are held by institutional investors. 0.0% of Brookfield Renewable 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, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Northland Power beats Brookfield Renewable on 13 of the 19 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 better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, media sentiment, valuation, risk and analyst recommendations.

Algonquin Power & Utilities has a net margin of 6.71% compared to Northland Power's net margin of -6.69%. 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 -6.69%-3.92%3.96%

Algonquin Power & Utilities currently has a consensus price target of C$7.58, suggesting a potential downside of 6.03%. Northland Power has a consensus price target of C$23.63, suggesting a potential upside of 4.40%. Given Northland Power's higher possible 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)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63

43.5% of Algonquin Power & Utilities shares are held by institutional investors. Comparatively, 42.1% 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, large money managers and endowments believe a stock is poised for long-term growth.

Northland Power has lower revenue, but higher 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$0.2138.43
Northland PowerC$2.43B2.43-C$144.54M-C$0.65N/A

In the previous week, Algonquin Power & Utilities had 6 more articles in the media than Northland Power. MarketBeat recorded 9 mentions for Algonquin Power & Utilities and 3 mentions for Northland Power. Algonquin Power & Utilities' average media sentiment score of 0.76 beat Northland Power's score of 0.52 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
1 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Northland Power
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Algonquin Power & Utilities has a beta of 1.318493, indicating that its share price is 32% more volatile than the broader market. Comparatively, Northland Power has a beta of 0.904302, indicating that its share price is 10% less volatile than the broader market.

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$1.16 per share and has a dividend yield of 5.1%. 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 -178.5% 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

Algonquin Power & Utilities beats Northland Power on 12 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 business? We will contrast the two businesses based on the strength of their valuation, profitability, institutional ownership, media sentiment, earnings, dividends, risk and analyst recommendations.

Boralex has a net margin of 0.84% compared to Northland Power's net margin of -6.69%. Boralex's return on equity of 0.45% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Northland Power-6.69% -3.92% 3.96%
Boralex 0.84%0.45%2.54%

Northland Power currently has a consensus price target of C$23.63, suggesting a potential upside of 4.40%. Boralex has a consensus price target of C$38.64, suggesting a potential upside of 4.95%. Given Boralex's higher probable upside, analysts plainly believe Boralex is more favorable than Northland Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northland Power
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63
Boralex
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.60

42.1% of Northland Power shares are held by institutional investors. Comparatively, 45.1% 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 stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northland PowerC$2.43B2.43-C$144.54M-C$0.65N/A
BoralexC$849M4.46C$71.91MC$0.06613.67

In the previous week, Boralex had 2 more articles in the media than Northland Power. MarketBeat recorded 5 mentions for Boralex and 3 mentions for Northland Power. Boralex's average media sentiment score of 0.91 beat Northland Power's score of 0.52 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boralex
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Northland Power has a beta of 0.904302, suggesting that its share price is 10% less volatile than the broader market. Comparatively, Boralex has a beta of 0.25505, suggesting that its share price is 74% less volatile than the broader market.

Northland Power pays an annual dividend of C$1.16 per share and has a dividend yield of 5.1%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 1.8%. Northland Power pays out -178.5% of its earnings in the form of a dividend. Boralex pays out 1,100.0% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Boralex beats Northland Power on 11 of the 18 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 compare the two companies based on the strength of their profitability, risk, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

TransAlta Renewables has a net margin of 15.73% compared to Northland Power's net margin of -6.69%. 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-6.69% -3.92% 3.96%
TransAlta Renewables 15.73%4.30%1.71%

Northland Power pays an annual dividend of C$1.16 per share and has a dividend yield of 5.1%. TransAlta Renewables pays an annual dividend of C$0.94 per share. Northland Power pays out -178.5% 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 price target of C$23.63, suggesting a potential upside of 4.40%. Given Northland Power's stronger consensus rating and higher probable upside, equities research 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)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63
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 3 more articles in the media than TransAlta Renewables. MarketBeat recorded 3 mentions for Northland Power and 0 mentions for TransAlta Renewables. Northland Power's average media sentiment score of 0.52 beat TransAlta Renewables' score of 0.00 indicating that Northland Power is being referred to more favorably in the media.

Company Overall Sentiment
Northland Power Positive
TransAlta Renewables Neutral

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$2.43B2.43-C$144.54M-C$0.65N/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 company insiders. Comparatively, 60.1% of TransAlta Renewables shares are owned by company 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 a beta of 0.904302, suggesting that its stock price is 10% less volatile than the broader market. Comparatively, TransAlta Renewables has a beta of 0.74, suggesting that its stock price is 26% less volatile than the broader market.

Summary

Northland Power beats TransAlta Renewables on 12 of the 18 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 better business? We will compare the two companies based on the strength of their profitability, risk, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

Northland Power pays an annual dividend of C$1.16 per share and has a dividend yield of 5.1%. 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 -178.5% 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.

42.1% of Northland Power shares are owned by institutional investors. Comparatively, 35.6% of Innergex Renewable Energy shares are owned by institutional investors. 0.1% of Northland Power shares are owned by company insiders. Comparatively, 20.5% of Innergex Renewable Energy shares are owned by company 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.

Innergex Renewable Energy has a net margin of 3.61% compared to Northland Power's net margin of -6.69%. Innergex Renewable Energy's return on equity of 1.55% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Northland Power-6.69% -3.92% 3.96%
Innergex Renewable Energy 3.61%1.55%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$2.43B2.43-C$144.54M-C$0.65N/A
Innergex Renewable EnergyC$1.00B2.80-C$129.06M-C$0.62N/A

In the previous week, Northland Power had 3 more articles in the media than Innergex Renewable Energy. MarketBeat recorded 3 mentions for Northland Power and 0 mentions for Innergex Renewable Energy. Northland Power's average media sentiment score of 0.52 beat Innergex Renewable Energy's score of 0.00 indicating that Northland Power is being referred to more favorably in the media.

Company Overall Sentiment
Northland Power Positive
Innergex Renewable Energy Neutral

Northland Power currently has a consensus price target of C$23.63, suggesting a potential upside of 4.40%. Given Northland Power's stronger consensus rating and higher probable upside, equities research analysts plainly 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)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63
Innergex Renewable Energy
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Northland Power has a beta of 0.904302, suggesting that its stock price is 10% 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.

Summary

Northland Power beats Innergex Renewable Energy on 12 of the 19 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

MetricNorthland PowerUtilities IndustryUtilities SectorTSE Exchange
Market CapC$5.92BC$2.02BC$19.17BC$12.00B
Dividend Yield3.10%4.94%3.77%6.23%
P/E Ratio-34.8230.0222.5937.27
Price / Sales2.43267.9933.7711.89
Price / Cash5.7940.4119.4782.42
Price / Book1.341.612.354.62
Net Income-C$144.54MC$267.05MC$777.56MC$299.62M
7 Day Performance-2.79%1.80%0.05%0.30%
1 Month Performance-3.25%0.11%-1.25%1.39%
1 Year Performance9.27%42.39%21.28%57.83%

Northland Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NPI
Northland Power
1.7905 of 5 stars
C$22.63
-3.9%
C$23.63
+4.4%
+13.4%C$5.92BC$2.43BN/A1,150
BEPC
Brookfield Renewable
N/AC$48.38
+1.1%
N/A+22.6%C$8.72BC$3.73BN/A1,890
AQN
Algonquin Power & Utilities
1.9407 of 5 stars
C$8.52
-0.7%
C$7.58
-11.0%
+5.9%C$6.55BC$2.43B38.733,440
BLX
Boralex
1.3034 of 5 stars
C$36.74
-0.4%
C$38.46
+4.7%
+20.4%C$3.78BC$849M612.33180
RNW
TransAlta Renewables
N/AN/AN/AN/AC$3.33BC$496M41.601,680

Related Companies and Tools


This page (TSE:NPI) was last updated on 5/15/2026 by MarketBeat.com Staff.
From Our Partners