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New Fortress Energy (NFE) Competitors

New Fortress Energy logo
$15.90 -0.40 (-2.45%)
As of 01/3/2025 05:39 PM Eastern

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evergy
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
New Fortress Energy
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

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.

Company Net Margins Return on Equity Return on Assets
Evergy14.77% 8.77% 2.72%
New Fortress Energy 7.84%15.60%2.42%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evergy
4 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
New Fortress Energy
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyUnderperformOutperform
EvergyOutperform Votes
130
59.63%
Underperform Votes
88
40.37%
New Fortress EnergyOutperform Votes
114
54.03%
Underperform Votes
97
45.97%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evergy$5.78B2.45$731.30M$3.7016.64
New Fortress Energy$2.44B1.64$547.88M$0.9117.47

Summary

Evergy beats New Fortress Energy on 14 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.
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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$4.00B$10.67B$8.83B$9.05B
Dividend Yield1.33%3.34%11.66%4.14%
P/E Ratio17.4717.2813.2017.29
Price / Sales1.642.1656.95124.17
Price / Cash3.458.2710.9737.86
Price / Book1.831.894.085.19
Net Income$547.88M$1.29B$954.17M$226.98M
7 Day Performance10.03%2.45%5.89%3.15%
1 Month Performance40.09%-1.26%2.77%4.46%
1 Year Performance-56.19%1.05%452.07%21.92%

New Fortress Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NFE
New Fortress Energy
1.4707 of 5 stars
$15.90
-2.5%
$15.40
-3.1%
-56.7%$4.00B$2.44B17.47670Options Volume
EVRG
Evergy
2.6296 of 5 stars
$61.46
-0.4%
$61.88
+0.7%
+14.3%$14.13B$5.78B16.614,658Analyst Upgrade
Short Interest ↑
AGR
Avangrid
3.3062 of 5 stars
$36.02
flat
$34.67
-3.8%
+7.1%$13.94B$8.71B12.387,580Analyst Forecast
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.4655 of 5 stars
$5.55
-0.7%
N/A-34.4%$12.77B$38.08B7.938,328News Coverage
WTRG
Essential Utilities
4.486 of 5 stars
$36.20
-0.7%
$44.00
+21.5%
-4.6%$9.94B$1.96B18.103,258
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
1.5543 of 5 stars
$14.33
-0.6%
N/A-5.1%$9.79B$26.17B5.6411,170
DTM
DT Midstream
3.3664 of 5 stars
$100.64
+0.7%
$88.89
-11.7%
+88.3%$9.78B$976M24.49360Short Interest ↑
KNTK
Kinetik
2.5393 of 5 stars
$57.11
+1.2%
$53.00
-7.2%
+78.8%$9.00B$1.45B21.07200News Coverage
BEP
Brookfield Renewable Partners
3.7553 of 5 stars
$22.94
-0.5%
$31.78
+38.5%
-9.6%$6.54B$5.77B-27.984,770
ENLC
EnLink Midstream
2.2873 of 5 stars
$14.30
+0.5%
$15.40
+7.7%
+15.7%$6.54B$6.65B68.101,072
ELPC
Companhia Paranaense de Energia
N/A$5.33
+0.4%
N/AN/A$5.70B$22.20B0.005,730News Coverage

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This page (NASDAQ:NFE) was last updated on 1/4/2025 by MarketBeat.com Staff
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