Free Trial

ReNew Energy Global (RNW) Competitors

ReNew Energy Global logo
$6.01 -0.08 (-1.31%)
Closing price 03/28/2025 04:00 PM Eastern
Extended Trading
$6.00 0.00 (-0.08%)
As of 03/28/2025 07:11 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

RNW vs. KNTK, ELPC, ENLC, BEP, CWEN, TXNM, ENIC, AROC, OGS, and SR

Should you be buying ReNew Energy Global stock or one of its competitors? The main competitors of ReNew Energy Global include Kinetik (KNTK), Companhia Paranaense de Energia (ELPC), EnLink Midstream (ENLC), Brookfield Renewable Partners (BEP), Clearway Energy (CWEN), TXNM Energy (TXNM), Enel Chile (ENIC), Archrock (AROC), ONE Gas (OGS), and Spire (SR). These companies are all part of the "utilities" industry.

ReNew Energy Global vs.

Kinetik (NASDAQ:KNTK) and ReNew Energy Global (NASDAQ:RNW) are both mid-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, valuation, community ranking, profitability, analyst recommendations, risk, dividends and earnings.

Kinetik has a net margin of 30.25% compared to ReNew Energy Global's net margin of 2.17%. ReNew Energy Global's return on equity of 1.75% beat Kinetik's return on equity.

Company Net Margins Return on Equity Return on Assets
Kinetik30.25% -39.48% 6.56%
ReNew Energy Global 2.17%1.75%0.24%

Kinetik received 7 more outperform votes than ReNew Energy Global when rated by MarketBeat users. However, 45.95% of users gave ReNew Energy Global an outperform vote while only 43.64% of users gave Kinetik an outperform vote.

CompanyUnderperformOutperform
KinetikOutperform Votes
24
43.64%
Underperform Votes
31
56.36%
ReNew Energy GlobalOutperform Votes
17
45.95%
Underperform Votes
20
54.05%

In the previous week, Kinetik had 8 more articles in the media than ReNew Energy Global. MarketBeat recorded 10 mentions for Kinetik and 2 mentions for ReNew Energy Global. ReNew Energy Global's average media sentiment score of 1.17 beat Kinetik's score of 1.15 indicating that ReNew Energy Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Kinetik
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ReNew Energy Global
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

21.1% of Kinetik shares are owned by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are owned by institutional investors. 3.7% of Kinetik shares are owned by insiders. Comparatively, 8.7% of ReNew Energy Global shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Kinetik has higher earnings, but lower revenue than ReNew Energy Global. Kinetik is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Kinetik$1.48B5.36$386.45M$1.0249.37
ReNew Energy Global$86.14B0.03$41M$0.05120.40

Kinetik currently has a consensus price target of $59.63, suggesting a potential upside of 18.40%. ReNew Energy Global has a consensus price target of $7.50, suggesting a potential upside of 24.58%. Given ReNew Energy Global's higher probable upside, analysts clearly believe ReNew Energy Global is more favorable than Kinetik.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Kinetik
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63
ReNew Energy Global
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Kinetik has a beta of 2.85, suggesting that its share price is 185% more volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500.

Summary

Kinetik beats ReNew Energy Global on 10 of the 18 factors compared between the two stocks.

Remove Ads
Get ReNew Energy Global News Delivered to You Automatically

Sign up to receive the latest news and ratings for RNW and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

RNW vs. The Competition

MetricReNew Energy GlobalElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.18B$13.98B$7.68B$7.85B
Dividend YieldN/A4.76%10.33%4.01%
P/E Ratio120.5018.2748.7518.69
Price / Sales0.037,719.1328,312.9091.52
Price / Cash8.8210.0735.3934.64
Price / Book1.482.123.654.24
Net Income$41M$690.28M$4.29B$247.06M
7 Day Performance-2.59%-1.47%-0.18%-1.91%
1 Month Performance-4.44%-0.57%-0.05%-5.51%
1 Year Performance0.33%26.50%155.28%-0.57%

ReNew Energy Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNW
ReNew Energy Global
2.0627 of 5 stars
$6.01
-1.3%
$7.50
+24.8%
+0.2%$2.18B$86.14B120.201,680Positive News
KNTK
Kinetik
3.7992 of 5 stars
$54.03
+2.0%
$59.63
+10.4%
+28.3%$8.52B$1.48B19.94200Analyst Revision
ELPC
Companhia Paranaense de Energia
N/A$6.61
+1.1%
N/A-3.2%$7.07B$22.65B9.446,320High Trading Volume
ENLC
EnLink Midstream
0.7016 of 5 stars
$14.56
+2.9%
$15.40
+5.8%
+6.7%$6.65B$6.65B69.331,130Analyst Forecast
High Trading Volume
BEP
Brookfield Renewable Partners
4.3841 of 5 stars
$22.86
+0.5%
$30.50
+33.4%
-4.1%$6.51B$5.88B-25.693,200Short Interest ↓
CWEN
Clearway Energy
2.4933 of 5 stars
$29.68
+1.8%
$34.17
+15.1%
+30.8%$6.00B$1.37B28.5360Analyst Forecast
Positive News
TXNM
TXNM Energy
1.7309 of 5 stars
$52.84
-1.1%
$53.43
+1.1%
N/A$4.90B$1.97B27.521,635Positive News
ENIC
Enel Chile
2.3896 of 5 stars
$3.47
+1.9%
$3.90
+12.6%
+8.4%$4.79B$3.99T5.682,077Positive News
AROC
Archrock
3.227 of 5 stars
$25.67
+2.8%
$25.17
-2.0%
+34.4%$4.50B$1.16B28.211,100Positive News
OGS
ONE Gas
2.7011 of 5 stars
$74.51
+0.6%
$72.31
-2.9%
+17.6%$4.46B$2.08B19.063,900
SR
Spire
2.9937 of 5 stars
$76.26
+0.2%
$74.00
-3.0%
+27.4%$4.45B$2.51B18.463,475Analyst Downgrade
Analyst Revision
Remove Ads

Related Companies and Tools


This page (NASDAQ:RNW) was last updated on 3/29/2025 by MarketBeat.com Staff
From Our Partners