BEP vs. FTS, WES, LNT, AGR, EVRG, EBR, DTM, SBS, KNTK, and WTRG
Should you be buying Brookfield Renewable Partners stock or one of its competitors? The main competitors of Brookfield Renewable Partners include Fortis (FTS), Western Midstream Partners (WES), Alliant Energy (LNT), Avangrid (AGR), Evergy (EVRG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), DT Midstream (DTM), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Kinetik (KNTK), and Essential Utilities (WTRG). These companies are all part of the "utilities" industry.
Brookfield Renewable Partners vs.
Fortis (NYSE:FTS) and Brookfield Renewable Partners (NYSE:BEP) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, analyst recommendations, media sentiment, dividends, community ranking, risk, earnings, valuation and institutional ownership.
Brookfield Renewable Partners has a consensus target price of $32.44, indicating a potential upside of 57.18%. Given Brookfield Renewable Partners' stronger consensus rating and higher probable upside, analysts clearly believe Brookfield Renewable Partners is more favorable than Fortis.
Fortis has higher revenue and earnings than Brookfield Renewable Partners. Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.
Fortis has a beta of 0.5, meaning that its share price is 50% less volatile than the S&P 500. Comparatively, Brookfield Renewable Partners has a beta of 0.95, meaning that its share price is 5% less volatile than the S&P 500.
Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 4.5%. Brookfield Renewable Partners pays an annual dividend of $1.42 per share and has a dividend yield of 6.9%. Fortis pays out 79.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Brookfield Renewable Partners pays out -173.2% of its earnings in the form of a dividend. Brookfield Renewable Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.
Brookfield Renewable Partners received 189 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 61.34% of users gave Brookfield Renewable Partners an outperform vote while only 52.64% of users gave Fortis an outperform vote.
57.8% of Fortis shares are held by institutional investors. Comparatively, 63.2% of Brookfield Renewable Partners shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Fortis has a net margin of 14.06% compared to Brookfield Renewable Partners' net margin of 1.16%. Fortis' return on equity of 7.01% beat Brookfield Renewable Partners' return on equity.
In the previous week, Fortis had 1 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 11 mentions for Fortis and 10 mentions for Brookfield Renewable Partners. Brookfield Renewable Partners' average media sentiment score of 1.00 beat Fortis' score of 0.42 indicating that Brookfield Renewable Partners is being referred to more favorably in the news media.
Summary
Brookfield Renewable Partners beats Fortis on 11 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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Media Sentiment Over Time
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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This page (NYSE:BEP) was last updated on 1/20/2025 by MarketBeat.com Staff
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