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Algonquin Power & Utilities (AQN) Competitors

$6.31
+0.05 (+0.80%)
(As of 05/31/2024 ET)

AQN vs. NRG, EBR, AGR, PNW, BEP, OGE, BEPC, CIG, CWEN, and IDA

Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include NRG Energy (NRG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Avangrid (AGR), Pinnacle West Capital (PNW), Brookfield Renewable Partners (BEP), OGE Energy (OGE), Brookfield Renewable (BEPC), CEMIG (CIG), Clearway Energy (CWEN), and IDACORP (IDA). These companies are all part of the "electric services" industry.

Algonquin Power & Utilities vs.

NRG Energy (NYSE:NRG) and Algonquin Power & Utilities (NYSE:AQN) are both utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, community ranking, analyst recommendations, risk, dividends, media sentiment and valuation.

NRG Energy has a net margin of 5.76% compared to NRG Energy's net margin of -12.44%. Algonquin Power & Utilities' return on equity of 42.60% beat NRG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
NRG Energy5.76% 42.60% 4.11%
Algonquin Power & Utilities -12.44%5.39%1.91%

NRG Energy has a beta of 1.11, indicating that its share price is 11% more volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.64, indicating that its share price is 36% less volatile than the S&P 500.

In the previous week, Algonquin Power & Utilities had 3 more articles in the media than NRG Energy. MarketBeat recorded 17 mentions for Algonquin Power & Utilities and 14 mentions for NRG Energy. Algonquin Power & Utilities' average media sentiment score of 0.82 beat NRG Energy's score of 0.06 indicating that NRG Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NRG Energy
8 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Algonquin Power & Utilities
3 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NRG Energy$28.82B0.59-$202M$7.0611.47
Algonquin Power & Utilities$2.70B1.61$28.67M-$0.49-12.88

NRG Energy received 419 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. Likewise, 66.02% of users gave NRG Energy an outperform vote while only 55.34% of users gave Algonquin Power & Utilities an outperform vote.

CompanyUnderperformOutperform
NRG EnergyOutperform Votes
678
66.02%
Underperform Votes
349
33.98%
Algonquin Power & UtilitiesOutperform Votes
259
55.34%
Underperform Votes
209
44.66%

NRG Energy presently has a consensus price target of $68.00, suggesting a potential downside of 16.05%. Algonquin Power & Utilities has a consensus price target of $7.44, suggesting a potential upside of 17.98%. Given NRG Energy's higher possible upside, analysts clearly believe Algonquin Power & Utilities is more favorable than NRG Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NRG Energy
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Algonquin Power & Utilities
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

97.7% of NRG Energy shares are held by institutional investors. Comparatively, 62.3% of Algonquin Power & Utilities shares are held by institutional investors. 0.9% of NRG Energy shares are held by insiders. Comparatively, 0.1% of Algonquin Power & Utilities shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

NRG Energy pays an annual dividend of $1.63 per share and has a dividend yield of 2.0%. Algonquin Power & Utilities pays an annual dividend of $0.43 per share and has a dividend yield of 6.8%. NRG Energy pays out 23.1% of its earnings in the form of a dividend. Algonquin Power & Utilities pays out -87.8% 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. NRG Energy has raised its dividend for 5 consecutive years. Algonquin Power & Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

NRG Energy beats Algonquin Power & Utilities on 14 of the 20 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 AQN 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 NYSE 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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AQN vs. The Competition

MetricAlgonquin Power & UtilitiesElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$4.35B$13.41B$12.42B$17.81B
Dividend Yield6.91%4.65%4.11%3.55%
P/E Ratio-12.8813.3989.3722.67
Price / Sales1.6128.2222.4211.15
Price / Cash5.148.2718.1318.95
Price / Book0.701.641.825.90
Net Income$28.67M$664.86M$562.40M$976.46M
7 Day Performance-3.52%0.74%1.20%0.62%
1 Month Performance1.04%6.03%4.51%4.79%
1 Year Performance-26.37%7.45%2.42%24.00%

Algonquin Power & Utilities Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NRG
NRG Energy
3.5632 of 5 stars
$83.85
-2.5%
$65.50
-21.9%
+139.5%$17.48B$28.82B11.8818,131Analyst Forecast
Short Interest ↑
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
0.6162 of 5 stars
$7.00
-0.6%
N/A-4.3%$16.11B$7.44B0.008,328Short Interest ↓
AGR
Avangrid
4.1987 of 5 stars
$35.85
-0.9%
$34.75
-3.1%
-4.0%$13.87B$8.31B15.527,999Analyst Forecast
Short Interest ↓
News Coverage
PNW
Pinnacle West Capital
4.4455 of 5 stars
$76.48
-0.4%
$74.08
-3.1%
+2.0%$8.69B$4.70B16.666,133Analyst Forecast
BEP
Brookfield Renewable Partners
3.7898 of 5 stars
$27.75
-3.0%
$30.75
+10.8%
-8.0%$7.91B$5.04B-60.314,770Analyst Forecast
Short Interest ↓
OGE
OGE Energy
3.4608 of 5 stars
$35.45
-0.6%
$33.40
-5.8%
+2.9%$7.11B$2.67B17.992,329Positive News
BEPC
Brookfield Renewable
3.1192 of 5 stars
$31.88
-1.5%
$34.00
+6.6%
-6.1%$5.73B$5.04B-69.301,890Short Interest ↑
News Coverage
CIG
CEMIG
3.2424 of 5 stars
$1.94
-1.5%
$2.12
+9.3%
+6.8%$5.54B$7.38B4.844,917Stock Split
Short Interest ↓
CWEN
Clearway Energy
0.8258 of 5 stars
$27.17
+1.2%
$29.00
+6.8%
-2.5%$5.49B$1.31B41.1661Positive News
IDA
IDACORP
4.2028 of 5 stars
$93.64
-2.1%
$96.80
+3.4%
-8.3%$4.99B$1.77B18.802,112Analyst Forecast

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This page (NYSE:AQN) was last updated on 6/1/2024 by MarketBeat.com Staff

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