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New Fortress Energy (NFE) Competitors

New Fortress Energy logo
$9.18 +0.09 (+0.99%)
(As of 11/20/2024 ET)

NFE vs. NWN, SLNG, SJI, ENLC, BEP, ELPC, BIPC, BEPC, CWEN, and OGS

Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include Northwest Natural (NWN), Stabilis Solutions (SLNG), South Jersey Industries (SJI), EnLink Midstream (ENLC), Brookfield Renewable Partners (BEP), Companhia Paranaense de Energia (ELPC), Brookfield Infrastructure (BIPC), Brookfield Renewable (BEPC), Clearway Energy (CWEN), and ONE Gas (OGS).

New Fortress Energy vs.

Northwest Natural (NYSE:NWN) and New Fortress Energy (NASDAQ:NFE) are both small-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, valuation, earnings, dividends, media sentiment, community ranking and profitability.

Northwest Natural presently has a consensus target price of $43.50, suggesting a potential upside of 3.28%. New Fortress Energy has a consensus target price of $19.77, suggesting a potential upside of 115.32%. Given New Fortress Energy's higher probable upside, analysts clearly believe New Fortress Energy is more favorable than Northwest Natural.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northwest Natural
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
New Fortress Energy
1 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.17

Northwest Natural has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, New Fortress Energy has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500.

New Fortress Energy has a net margin of 7.84% compared to Northwest Natural's net margin of 6.90%. New Fortress Energy's return on equity of 15.60% beat Northwest Natural's return on equity.

Company Net Margins Return on Equity Return on Assets
Northwest Natural6.90% 5.89% 1.61%
New Fortress Energy 7.84%15.60%2.42%

75.1% of Northwest Natural shares are owned by institutional investors. Comparatively, 58.6% of New Fortress Energy shares are owned by institutional investors. 0.8% of Northwest Natural 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Northwest Natural pays an annual dividend of $1.96 per share and has a dividend yield of 4.7%. New Fortress Energy pays an annual dividend of $0.30 per share and has a dividend yield of 3.3%. Northwest Natural pays out 92.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. New Fortress Energy pays out 33.0% of its earnings in the form of a dividend. Northwest Natural has increased its dividend for 70 consecutive years. Northwest Natural is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Northwest Natural received 162 more outperform votes than New Fortress Energy when rated by MarketBeat users. However, 54.07% of users gave New Fortress Energy an outperform vote while only 52.08% of users gave Northwest Natural an outperform vote.

CompanyUnderperformOutperform
Northwest NaturalOutperform Votes
275
52.08%
Underperform Votes
253
47.92%
New Fortress EnergyOutperform Votes
113
54.07%
Underperform Votes
96
45.93%

New Fortress Energy has higher revenue and earnings than Northwest Natural. New Fortress Energy is trading at a lower price-to-earnings ratio than Northwest Natural, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northwest Natural$1.20B1.41$93.87M$2.1219.87
New Fortress Energy$2.41B0.78$547.88M$0.9110.09

In the previous week, New Fortress Energy had 10 more articles in the media than Northwest Natural. MarketBeat recorded 21 mentions for New Fortress Energy and 11 mentions for Northwest Natural. Northwest Natural's average media sentiment score of 0.75 beat New Fortress Energy's score of 0.11 indicating that Northwest Natural is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Northwest Natural
3 Very Positive mention(s)
5 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
New Fortress Energy
2 Very Positive mention(s)
3 Positive mention(s)
15 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

New Fortress Energy beats Northwest Natural on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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NFE vs. The Competition

MetricNew Fortress EnergyNatural gas distribution IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.88B$8.72B$8.54B$8.82B
Dividend Yield3.50%3.94%11.58%4.07%
P/E Ratio10.0916.8517.1917.74
Price / Sales0.782.21123.6674.25
Price / Cash2.318.389.6032.53
Price / Book1.061.953.784.68
Net Income$547.88M$1.29B$949.80M$226.08M
7 Day Performance2.46%1.25%1.13%-2.03%
1 Month Performance0.22%2.86%2.36%0.07%
1 Year Performance-74.89%-0.84%411.25%24.61%

New Fortress Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NFE
New Fortress Energy
4.1286 of 5 stars
$9.18
+1.0%
$19.77
+115.3%
-74.9%$1.86B$2.41B10.09670
NWN
Northwest Natural
3.6338 of 5 stars
$42.12
+0.7%
$43.50
+3.3%
+14.7%$1.68B$1.20B19.871,380
SLNG
Stabilis Solutions
0.8639 of 5 stars
$4.95
-4.4%
N/A+8.1%$91.97M$73.11M23.57250Positive News
SJI
South Jersey Industries
N/A$36.09
flat
N/A+0.0%$4.42B$1.99B18.701,173Analyst Forecast
High Trading Volume
ENLC
EnLink Midstream
1.9582 of 5 stars
$15.45
-1.0%
$15.40
-0.3%
+19.7%$7.13B$6.90B73.571,072Analyst Revision
BEP
Brookfield Renewable Partners
4.0049 of 5 stars
$24.98
-1.3%
$31.78
+27.2%
+1.4%$7.12B$5.04B-30.464,770Positive News
ELPC
Companhia Paranaense de Energia
N/A$5.98
-0.5%
N/AN/A$6.39B$22.20B0.005,730
BIPC
Brookfield Infrastructure
N/A$43.43
+1.3%
N/A+36.4%$5.73B$3.64B30.161,700
BEPC
Brookfield Renewable
3.249 of 5 stars
$31.34
+2.0%
$32.00
+2.1%
+19.4%$5.63B$5.04B-38.221,890Positive News
CWEN
Clearway Energy
1.8403 of 5 stars
$27.92
+0.5%
$33.13
+18.6%
+23.1%$5.62B$1.31B26.8560Positive News
OGS
ONE Gas
3.4634 of 5 stars
$76.04
-0.6%
$68.10
-10.4%
+26.0%$4.33B$2.37B19.803,900

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This page (NASDAQ:NFE) was last updated on 11/21/2024 by MarketBeat.com Staff
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