BEP vs. OGE, PNW, IDA, POR, AQN, ENIC, ELP, BKH, OTTR, and PNM
Should you be buying Brookfield Renewable Partners stock or one of its competitors? The main competitors of Brookfield Renewable Partners include OGE Energy (OGE), Pinnacle West Capital (PNW), IDACORP (IDA), Portland General Electric (POR), Algonquin Power & Utilities (AQN), Enel Chile (ENIC), Companhia Paranaense de Energia - COPEL (ELP), Black Hills (BKH), Otter Tail (OTTR), and PNM Resources (PNM). These companies are all part of the "electric services" industry.
Brookfield Renewable Partners (NYSE:BEP) and OGE Energy (NYSE:OGE) are both mid-cap utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability, earnings, media sentiment and community ranking.
Brookfield Renewable Partners has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500. Comparatively, OGE Energy has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500.
In the previous week, Brookfield Renewable Partners had 1 more articles in the media than OGE Energy. MarketBeat recorded 11 mentions for Brookfield Renewable Partners and 10 mentions for OGE Energy. OGE Energy's average media sentiment score of 1.06 beat Brookfield Renewable Partners' score of 1.01 indicating that OGE Energy is being referred to more favorably in the news media.
OGE Energy has lower revenue, but higher earnings than Brookfield Renewable Partners. Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than OGE Energy, indicating that it is currently the more affordable of the two stocks.
OGE Energy has a net margin of 14.63% compared to Brookfield Renewable Partners' net margin of 7.10%. OGE Energy's return on equity of 8.89% beat Brookfield Renewable Partners' return on equity.
Brookfield Renewable Partners presently has a consensus price target of $30.75, suggesting a potential upside of 10.57%. OGE Energy has a consensus price target of $33.40, suggesting a potential downside of 9.63%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, research analysts clearly believe Brookfield Renewable Partners is more favorable than OGE Energy.
Brookfield Renewable Partners pays an annual dividend of $1.42 per share and has a dividend yield of 5.1%. OGE Energy pays an annual dividend of $1.67 per share and has a dividend yield of 4.5%. Brookfield Renewable Partners pays out -308.7% of its earnings in the form of a dividend. OGE Energy pays out 84.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Brookfield Renewable Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.
63.2% of Brookfield Renewable Partners shares are held by institutional investors. Comparatively, 71.8% of OGE Energy shares are held by institutional investors. 0.5% of OGE Energy 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.
Brookfield Renewable Partners received 166 more outperform votes than OGE Energy when rated by MarketBeat users. Likewise, 61.73% of users gave Brookfield Renewable Partners an outperform vote while only 50.96% of users gave OGE Energy an outperform vote.
Summary
Brookfield Renewable Partners beats OGE Energy on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BEP 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 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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