NFE vs. EVRG, AGR, EBR, WTRG, SBS, DTM, KNTK, BEP, ENLC, and ELPC
Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include Evergy (EVRG), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Essential Utilities (WTRG), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), DT Midstream (DTM), Kinetik (KNTK), Brookfield Renewable Partners (BEP), EnLink Midstream (ENLC), and Companhia Paranaense de Energia (ELPC). These companies are all part of the "utilities" industry.
New Fortress Energy vs.
Evergy (NASDAQ:EVRG) and New Fortress Energy (NASDAQ:NFE) are both utilities companies, but which is the superior business? We will compare the two companies based on the strength of their risk, media sentiment, community ranking, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.
87.2% of Evergy shares are owned by institutional investors. Comparatively, 58.6% of New Fortress Energy shares are owned by institutional investors. 0.5% of Evergy shares are owned by company insiders. Comparatively, 37.1% of New Fortress Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Evergy has a beta of 0.64, suggesting that its stock price is 36% less volatile than the S&P 500. Comparatively, New Fortress Energy has a beta of 1.6, suggesting that its stock price is 60% more volatile than the S&P 500.
Evergy presently has a consensus price target of $64.06, indicating a potential upside of 4.08%. New Fortress Energy has a consensus price target of $15.40, indicating a potential downside of 3.14%. Given Evergy's stronger consensus rating and higher possible upside, equities analysts clearly believe Evergy is more favorable than New Fortress Energy.
Evergy has a net margin of 14.77% compared to New Fortress Energy's net margin of 7.84%. New Fortress Energy's return on equity of 15.60% beat Evergy's return on equity.
In the previous week, Evergy had 4 more articles in the media than New Fortress Energy. MarketBeat recorded 10 mentions for Evergy and 6 mentions for New Fortress Energy. New Fortress Energy's average media sentiment score of 0.89 beat Evergy's score of 0.84 indicating that New Fortress Energy is being referred to more favorably in the news media.
Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 4.3%. New Fortress Energy pays an annual dividend of $0.20 per share and has a dividend yield of 1.3%. Evergy pays out 72.2% of its earnings in the form of a dividend. New Fortress Energy pays out 22.0% 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.
Evergy received 16 more outperform votes than New Fortress Energy when rated by MarketBeat users. Likewise, 59.63% of users gave Evergy an outperform vote while only 54.03% of users gave New Fortress Energy an outperform vote.
Evergy has higher revenue and earnings than New Fortress Energy. Evergy is trading at a lower price-to-earnings ratio than New Fortress Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Evergy beats New Fortress Energy on 14 of the 20 factors compared between the two stocks.
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This chart shows the average media sentiment of NASDAQ 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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This page (NASDAQ:NFE) was last updated on 1/4/2025 by MarketBeat.com Staff