NEP vs. PNW, BEP, OGE, BEPC, CIG, CWEN, 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), CEMIG (CIG), Clearway Energy (CWEN), IDACORP (IDA), Ormat Technologies (ORA), Portland General Electric (POR), and Algonquin Power & Utilities (AQN). These companies are all part of the "electric services" industry.
NextEra Energy Partners (NYSE:NEP) and Pinnacle West Capital (NYSE:PNW) are both mid-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations, risk and media sentiment.
NextEra Energy Partners pays an annual dividend of $3.57 per share and has a dividend yield of 10.5%. Pinnacle West Capital pays an annual dividend of $3.52 per share and has a dividend yield of 4.6%. 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. 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.
66.0% of NextEra Energy Partners shares are held by institutional investors. Comparatively, 91.5% of Pinnacle West Capital shares are held by institutional investors. 0.1% of NextEra Energy Partners shares are held by insiders. Comparatively, 0.2% of Pinnacle West Capital shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Pinnacle West Capital received 2 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 42.08% of users gave Pinnacle West Capital an outperform vote.
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.
In the previous week, NextEra Energy Partners had 6 more articles in the media than Pinnacle West Capital. MarketBeat recorded 16 mentions for NextEra Energy Partners and 10 mentions for Pinnacle West Capital. NextEra Energy Partners' average media sentiment score of 1.07 beat Pinnacle West Capital's score of 1.02 indicating that NextEra Energy Partners is being referred to more favorably in the media.
NextEra Energy Partners has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Pinnacle West Capital has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500.
NextEra Energy Partners has a net margin of 23.55% compared to Pinnacle West Capital's net margin of 11.09%. Pinnacle West Capital's return on equity of 8.29% beat NextEra Energy Partners' return on equity.
NextEra Energy Partners currently has a consensus price target of $39.29, suggesting a potential upside of 15.31%. Pinnacle West Capital has a consensus price target of $74.58, suggesting a potential downside of 2.48%. Given NextEra Energy Partners' higher probable upside, equities research analysts clearly believe NextEra Energy Partners is more favorable than Pinnacle West Capital.
Summary
Pinnacle West Capital beats NextEra Energy Partners on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NEP 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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