AQN vs. BEPC, NPI, BLX, RNW, INE, PIF, ARR, LCFS, SPG, and UGE
Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include Brookfield Renewable (BEPC), Northland Power (NPI), Boralex (BLX), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Polaris Renewable Energy (PIF), Altius Renewable Royalties (ARR), Tidewater Renewables (LCFS), Spark Power Group (SPG), and UGE International (UGE). These companies are all part of the "utilities - renewable" industry.
Algonquin Power & Utilities (TSE:AQN) and Brookfield Renewable (TSE:BEPC) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, dividends, analyst recommendations, media sentiment, earnings, institutional ownership, risk, valuation and community ranking.
In the previous week, Algonquin Power & Utilities had 14 more articles in the media than Brookfield Renewable. MarketBeat recorded 14 mentions for Algonquin Power & Utilities and 0 mentions for Brookfield Renewable. Brookfield Renewable's average media sentiment score of 0.00 beat Algonquin Power & Utilities' score of -0.21 indicating that Brookfield Renewable is being referred to more favorably in the news media.
Algonquin Power & Utilities has a beta of 0.47, indicating that its stock price is 53% less volatile than the S&P 500. Comparatively, Brookfield Renewable has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.
Algonquin Power & Utilities pays an annual dividend of C$0.60 per share and has a dividend yield of 7.0%. Brookfield Renewable pays an annual dividend of 1.94 per share and has a dividend yield of 4.5%. Algonquin Power & Utilities pays out -89.6% of its earnings in the form of a dividend. Brookfield Renewable pays out 17.9% 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. Algonquin Power & Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.
Brookfield Renewable has a net margin of 29.75% compared to Algonquin Power & Utilities' net margin of -12.44%. Brookfield Renewable's return on equity of 10.84% beat Algonquin Power & Utilities' return on equity.
Algonquin Power & Utilities received 517 more outperform votes than Brookfield Renewable when rated by MarketBeat users.
63.3% of Algonquin Power & Utilities shares are held by institutional investors. Comparatively, 76.9% of Brookfield Renewable shares are held by institutional investors. 0.1% of Algonquin Power & Utilities shares are held by insiders. Comparatively, 0.0% of Brookfield Renewable shares are held 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.
Algonquin Power & Utilities presently has a consensus target price of C$7.08, suggesting a potential downside of 17.35%. Given Algonquin Power & Utilities' higher possible upside, analysts clearly believe Algonquin Power & Utilities is more favorable than Brookfield Renewable.
Brookfield Renewable has higher revenue and earnings than Algonquin Power & Utilities. Algonquin Power & Utilities is trading at a lower price-to-earnings ratio than Brookfield Renewable, indicating that it is currently the more affordable of the two stocks.
Summary
Brookfield Renewable beats Algonquin Power & Utilities on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AQN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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