AQN vs. BEPC, NPI, BLX, RNW, INE, ARR, LCFS, PIF, SPG, and GIP 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), Altius Renewable Royalties (ARR), Tidewater Renewables (LCFS), Polaris Renewable Energy (PIF), Spark Power Group (SPG), and Green Impact Partners (GIP). These companies are all part of the "utilities - renewable" industry.
Brookfield Renewable (TSE:BEPC ) and Algonquin Power & Utilities (TSE:AQN ) 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, earnings, analyst recommendations, community ranking, risk, profitability, dividends, media sentiment and valuation.
Brookfield Renewable pays an annual dividend of 1.94 per share and has a dividend yield of 4.5%. Algonquin Power & Utilities pays an annual dividend of C$0.60 per share and has a dividend yield of 7.0%. Brookfield Renewable pays out 17.9% of its earnings in the form of a dividend. Algonquin Power & Utilities pays out -89.6% 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 beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.47, suggesting that its share price is 53% less volatile than the S&P 500.
Algonquin Power & Utilities received 517 more outperform votes than Brookfield Renewable when rated by MarketBeat users.
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.
76.9% of Brookfield Renewable shares are owned by institutional investors. Comparatively, 63.3% of Algonquin Power & Utilities shares are owned by institutional investors. 0.0% of Brookfield Renewable shares are owned by company insiders. Comparatively, 0.1% of Algonquin Power & Utilities shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
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. Algonquin Power & Utilities' average media sentiment score of 0.00 beat Brookfield Renewable's score of -0.03 indicating that Brookfield Renewable is being referred to more favorably in the media.
Brookfield Renewable has a net margin of 29.75% compared to Brookfield Renewable's net margin of -12.44%. Algonquin Power & Utilities' return on equity of 10.84% beat Brookfield Renewable's return on equity.
Algonquin Power & Utilities has a consensus price target of C$7.08, indicating a potential downside of 17.35%. Given Brookfield Renewable's higher probable upside, analysts clearly believe Algonquin Power & Utilities is more favorable than Brookfield Renewable.
Summary Brookfield Renewable beats Algonquin Power & Utilities on 10 of the 17 factors compared between the two stocks.
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.
Skip Chart 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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