AQN vs. NRG, EBR, AGR, PNW, BEP, OGE, BEPC, CIG, CWEN, and IDA
Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include NRG Energy (NRG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Avangrid (AGR), Pinnacle West Capital (PNW), Brookfield Renewable Partners (BEP), OGE Energy (OGE), Brookfield Renewable (BEPC), CEMIG (CIG), Clearway Energy (CWEN), and IDACORP (IDA). These companies are all part of the "electric services" industry.
NRG Energy (NYSE:NRG) and Algonquin Power & Utilities (NYSE:AQN) are both utilities companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, earnings, risk, profitability, institutional ownership, dividends, valuation and community ranking.
NRG Energy pays an annual dividend of $1.63 per share and has a dividend yield of 2.0%. Algonquin Power & Utilities pays an annual dividend of $0.43 per share and has a dividend yield of 6.8%. NRG Energy pays out 23.1% of its earnings in the form of a dividend. Algonquin Power & Utilities pays out -87.8% 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. NRG Energy has raised its dividend for 5 consecutive years. Algonquin Power & Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.
NRG Energy has a beta of 1.11, indicating that its stock price is 11% more volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500.
NRG Energy currently has a consensus price target of $68.00, suggesting a potential downside of 18.35%. Algonquin Power & Utilities has a consensus price target of $7.44, suggesting a potential upside of 17.42%. Given NRG Energy's higher probable upside, analysts clearly believe Algonquin Power & Utilities is more favorable than NRG Energy.
Algonquin Power & Utilities has lower revenue, but higher earnings than NRG Energy. Algonquin Power & Utilities is trading at a lower price-to-earnings ratio than NRG Energy, indicating that it is currently the more affordable of the two stocks.
97.7% of NRG Energy shares are owned by institutional investors. Comparatively, 62.3% of Algonquin Power & Utilities shares are owned by institutional investors. 0.9% of NRG Energy shares are owned by company insiders. Comparatively, 0.1% of Algonquin Power & Utilities shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
NRG Energy received 419 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. Likewise, 66.02% of users gave NRG Energy an outperform vote while only 55.34% of users gave Algonquin Power & Utilities an outperform vote.
In the previous week, NRG Energy had 6 more articles in the media than Algonquin Power & Utilities. MarketBeat recorded 15 mentions for NRG Energy and 9 mentions for Algonquin Power & Utilities. Algonquin Power & Utilities' average media sentiment score of 0.88 beat NRG Energy's score of 0.17 indicating that NRG Energy is being referred to more favorably in the media.
NRG Energy has a net margin of 5.76% compared to NRG Energy's net margin of -12.44%. Algonquin Power & Utilities' return on equity of 42.60% beat NRG Energy's return on equity.
Summary
NRG Energy beats Algonquin Power & Utilities on 15 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AQN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE 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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