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Northland Power (NPI) Competitors

C$23.87
+0.27 (+1.14%)
(As of 05/27/2024 ET)

NPI vs. AQN, BEPC, BLX, INE, BIPC, CU, CPX, ACO.X, TA, and SPB

Should you be buying Northland Power stock or one of its competitors? The main competitors of Northland Power include Algonquin Power & Utilities (AQN), Brookfield Renewable (BEPC), Boralex (BLX), Innergex Renewable Energy (INE), Brookfield Infrastructure (BIPC), Canadian Utilities (CU), Capital Power (CPX), ATCO (ACO.X), TransAlta (TA), and Superior Plus (SPB). These companies are all part of the "utilities" sector.

Northland Power vs.

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

In the previous week, Northland Power had 3 more articles in the media than Algonquin Power & Utilities. MarketBeat recorded 5 mentions for Northland Power and 2 mentions for Algonquin Power & Utilities. Northland Power's average media sentiment score of 0.34 beat Algonquin Power & Utilities' score of 0.17 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Northland Power
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

63.3% of Algonquin Power & Utilities shares are owned by institutional investors. Comparatively, 51.1% of Northland Power shares are owned by institutional investors. 0.1% of Algonquin Power & Utilities 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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Algonquin Power & Utilities presently has a consensus price target of C$7.08, indicating a potential downside of 20.32%. Northland Power has a consensus price target of C$31.96, indicating a potential upside of 33.88%. Given Algonquin Power & Utilities' stronger consensus rating and higher probable upside, analysts plainly 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)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Northland Power
0 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.91

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$2.66B2.30-C$339.29M-C$0.67-13.27
Northland PowerC$2.37B2.58-C$175.66M-C$0.70-34.10

Northland Power has a net margin of -7.16% compared to Northland Power's net margin of -12.44%. Algonquin Power & Utilities' return on equity of -1.15% beat Northland Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Algonquin Power & Utilities-12.44% -5.84% 1.65%
Northland Power -7.16%-1.15%3.79%

Algonquin Power & Utilities pays an annual dividend of C$0.60 per share and has a dividend yield of 6.7%. Northland Power pays an annual dividend of C$1.20 per share and has a dividend yield of 5.0%. Algonquin Power & Utilities pays out -89.6% of its earnings in the form of a dividend. Northland Power pays out -171.4% 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.

Northland Power received 10 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. However, 73.02% of users gave Algonquin Power & Utilities an outperform vote while only 66.96% of users gave Northland Power an outperform vote.

CompanyUnderperformOutperform
Algonquin Power & UtilitiesOutperform Votes
517
73.02%
Underperform Votes
191
26.98%
Northland PowerOutperform Votes
527
66.96%
Underperform Votes
260
33.04%

Algonquin Power & Utilities has a beta of 0.47, suggesting that its share price is 53% less volatile than the S&P 500. Comparatively, Northland Power has a beta of 0.44, suggesting that its share price is 56% less volatile than the S&P 500.

Summary

Northland Power beats Algonquin Power & Utilities on 12 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.
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NPI vs. The Competition

MetricNorthland PowerUtilities IndustryUtilities SectorTSE Exchange
Market CapC$6.12BC$1.45BC$11.67BC$4.17B
Dividend Yield4.99%4.78%4.19%7.19%
P/E Ratio-34.1053.5496.4825.80
Price / Sales2.5860.0226.532,384.10
Price / Cash5.7938.3847.5574.73
Price / Book1.491.311.944.01
Net Income-C$175.66MC$79.26MC$548.96MC$262.89M
7 Day Performance-0.95%-0.77%-1.56%9.67%
1 Month Performance16.44%3.62%3.91%2.40%
1 Year Performance-19.79%-17.76%3.91%30.21%

Northland Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AQN
Algonquin Power & Utilities
0.1841 of 5 stars
C$9.09
+0.3%
C$7.08
-22.1%
-21.2%C$6.27BC$2.66B-13.573,946
BEPC
Brookfield Renewable
0 of 5 stars
43.23
+2.7%
N/A-2.3%$7.77B$4.62B4.001,890
BLX
Boralex
3.1238 of 5 stars
C$32.05
-0.2%
C$40.13
+25.2%
-9.5%C$3.29BC$986M32.70753
INE
Innergex Renewable Energy
2.6156 of 5 stars
C$8.80
-2.7%
C$12.53
+42.4%
-33.7%C$1.79BC$1.07B-13.75602
BIPC
Brookfield Infrastructure
0 of 5 stars
48.35
-0.1%
N/A-23.6%$6.38B$2.91B9.331,700
CU
Canadian Utilities
1.6119 of 5 stars
C$31.92
+0.3%
C$35.43
+11.0%
-13.3%C$6.52BC$3.80B13.709,018
CPX
Capital Power
2.9163 of 5 stars
C$38.23
+0.1%
C$44.45
+16.3%
-14.0%C$4.94BC$3.95B7.31737
ACO.X
ATCO
1.2081 of 5 stars
C$40.94
+0.7%
C$45.92
+12.2%
-4.5%C$4.08BC$4.71B11.1920,175
TA
TransAlta
3.0319 of 5 stars
C$9.82
-0.1%
C$15.22
+55.0%
-24.6%C$2.99BC$3.21B5.041,257
SPB
Superior Plus
2.8008 of 5 stars
C$9.58
+2.0%
C$12.69
+32.4%
-6.1%C$2.38BC$3.35B41.6517,113

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This page (TSE:NPI) was last updated on 5/28/2024 by MarketBeat.com Staff

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