NEP vs. PNW, BEP, OGE, BEPC, CWEN, CIG, IDA, ORA, POR, and AQN
Should you be buying NextEra Energy Partners stock or one of its competitors? The main competitors of NextEra Energy Partners include Pinnacle West Capital (PNW), Brookfield Renewable Partners (BEP), OGE Energy (OGE), Brookfield Renewable (BEPC), Clearway Energy (CWEN), CEMIG (CIG), IDACORP (IDA), Ormat Technologies (ORA), Portland General Electric (POR), and Algonquin Power & Utilities (AQN). These companies are all part of the "electric services" industry.
Pinnacle West Capital (NYSE:PNW) and NextEra Energy Partners (NYSE:NEP) are both mid-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, profitability, valuation, community ranking, analyst recommendations, dividends, earnings, media sentiment and risk.
Pinnacle West Capital has higher revenue and earnings than NextEra Energy Partners. NextEra Energy Partners is trading at a lower price-to-earnings ratio than Pinnacle West Capital, indicating that it is currently the more affordable of the two stocks.
NextEra Energy Partners has a net margin of 23.55% compared to NextEra Energy Partners' net margin of 11.09%. NextEra Energy Partners' return on equity of 8.29% beat Pinnacle West Capital's return on equity.
Pinnacle West Capital pays an annual dividend of $3.52 per share and has a dividend yield of 4.7%. NextEra Energy Partners pays an annual dividend of $3.57 per share and has a dividend yield of 11.0%. Pinnacle West Capital pays out 76.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NextEra Energy Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NextEra Energy Partners has increased its dividend for 10 consecutive years. NextEra Energy Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Pinnacle West Capital presently has a consensus price target of $76.04, indicating a potential upside of 0.46%. NextEra Energy Partners has a consensus price target of $39.29, indicating a potential upside of 21.33%. Given Pinnacle West Capital's higher possible upside, analysts plainly believe NextEra Energy Partners is more favorable than Pinnacle West Capital.
91.5% of Pinnacle West Capital shares are owned by institutional investors. Comparatively, 66.0% of NextEra Energy Partners shares are owned by institutional investors. 0.2% of Pinnacle West Capital shares are owned by company insiders. Comparatively, 0.1% of NextEra Energy Partners shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Pinnacle West Capital has a beta of 0.5, meaning that its stock price is 50% less volatile than the S&P 500. Comparatively, NextEra Energy Partners has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500.
Pinnacle West Capital received 3 more outperform votes than NextEra Energy Partners when rated by MarketBeat users. However, 60.03% of users gave NextEra Energy Partners an outperform vote while only 42.05% of users gave Pinnacle West Capital an outperform vote.
In the previous week, Pinnacle West Capital had 5 more articles in the media than NextEra Energy Partners. MarketBeat recorded 16 mentions for Pinnacle West Capital and 11 mentions for NextEra Energy Partners. NextEra Energy Partners' average media sentiment score of 1.06 beat Pinnacle West Capital's score of 1.05 indicating that Pinnacle West Capital is being referred to more favorably in the media.
Summary
Pinnacle West Capital beats NextEra Energy Partners on 13 of the 20 factors compared between the two stocks.
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