NFE vs. EVRG, EBR, TLN, SBS, KNTK, WTRG, DTM, KEP, 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), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Talen Energy (TLN), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Kinetik (KNTK), Essential Utilities (WTRG), DT Midstream (DTM), Korea Electric Power (KEP), EnLink Midstream (ENLC), and Companhia Paranaense de Energia (ELPC). These companies are all part of the "utilities" industry.
New Fortress Energy vs.
New Fortress Energy (NASDAQ:NFE) and Evergy (NASDAQ:EVRG) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, media sentiment, institutional ownership, earnings, risk, analyst recommendations, valuation, dividends and community ranking.
Evergy received 18 more outperform votes than New Fortress Energy when rated by MarketBeat users. Likewise, 60.00% of users gave Evergy an outperform vote while only 54.03% of users gave New Fortress Energy an outperform vote.
New Fortress Energy pays an annual dividend of $0.20 per share and has a dividend yield of 1.4%. Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 4.2%. New Fortress Energy pays out 22.0% of its earnings in the form of a dividend. Evergy pays out 72.2% 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.
In the previous week, Evergy had 6 more articles in the media than New Fortress Energy. MarketBeat recorded 9 mentions for Evergy and 3 mentions for New Fortress Energy. Evergy's average media sentiment score of 0.90 beat New Fortress Energy's score of 0.27 indicating that Evergy is being referred to more favorably in the news media.
58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 87.2% of Evergy shares are owned by institutional investors. 37.1% of New Fortress Energy shares are owned by insiders. Comparatively, 3.3% of Evergy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Evergy has higher revenue and earnings than New Fortress Energy. New Fortress Energy is trading at a lower price-to-earnings ratio than Evergy, indicating that it is currently the more affordable of the two stocks.
New Fortress Energy has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500. Comparatively, Evergy has a beta of 0.66, suggesting that its share price is 34% less volatile than the S&P 500.
New Fortress Energy presently has a consensus price target of $15.40, suggesting a potential upside of 9.76%. Evergy has a consensus price target of $65.36, suggesting a potential upside of 1.63%. Given New Fortress Energy's higher possible upside, research analysts plainly believe New Fortress Energy is more favorable than Evergy.
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.
Summary
Evergy beats New Fortress Energy on 15 of the 20 factors compared between the two stocks.
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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.
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.
New Fortress Energy Competitors List
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This page (NASDAQ:NFE) was last updated on 2/5/2025 by MarketBeat.com Staff
