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Brookfield Renewable Partners (BEP) Competitors

Brookfield Renewable Partners logo
$22.95 +0.36 (+1.59%)
(As of 12/20/2024 05:31 PM ET)

BEP vs. FTS, LNT, WES, EVRG, AGR, EBR, WTRG, SBS, DTM, and KEP

Should you be buying Brookfield Renewable Partners stock or one of its competitors? The main competitors of Brookfield Renewable Partners include Fortis (FTS), Alliant Energy (LNT), Western Midstream Partners (WES), 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), and Korea Electric Power (KEP). These companies are all part of the "utilities" industry.

Brookfield Renewable Partners vs.

Brookfield Renewable Partners (NYSE:BEP) and Fortis (NYSE:FTS) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, valuation, media sentiment, dividends, analyst recommendations, community ranking and risk.

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.

Company Net Margins Return on Equity Return on Assets
Brookfield Renewable Partners1.16% 0.24% 0.09%
Fortis 14.06%7.01%2.32%

63.2% of Brookfield Renewable Partners shares are held by institutional investors. Comparatively, 57.8% of Fortis shares are held by institutional investors. 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.

Brookfield Renewable Partners presently has a consensus price target of $31.78, suggesting a potential upside of 38.47%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, analysts plainly believe Brookfield Renewable Partners is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Brookfield Renewable Partners
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
3.13
Fortis
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33

Brookfield Renewable Partners pays an annual dividend of $1.42 per share and has a dividend yield of 6.2%. Fortis pays an annual dividend of $1.81 per share and has a dividend yield of 4.3%. Brookfield Renewable Partners pays out -173.2% of its earnings in the form of a dividend. Fortis pays out 76.1% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Brookfield Renewable Partners received 188 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 61.45% of users gave Brookfield Renewable Partners an outperform vote while only 52.64% of users gave Fortis an outperform vote.

CompanyUnderperformOutperform
Brookfield Renewable PartnersOutperform Votes
467
61.45%
Underperform Votes
293
38.55%
FortisOutperform Votes
279
52.64%
Underperform Votes
251
47.36%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Brookfield Renewable Partners$5.77B1.13-$21M-$0.82-27.99
Fortis$11.44B1.81$1.17B$2.3817.53

In the previous week, Brookfield Renewable Partners had 3 more articles in the media than Fortis. MarketBeat recorded 10 mentions for Brookfield Renewable Partners and 7 mentions for Fortis. Fortis' average media sentiment score of 0.60 beat Brookfield Renewable Partners' score of 0.38 indicating that Fortis is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Brookfield Renewable Partners
3 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Fortis
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Brookfield Renewable Partners has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.49, indicating that its share price is 51% less volatile than the S&P 500.

Summary

Brookfield Renewable Partners beats Fortis on 11 of the 20 factors compared between the two stocks.

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 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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BEP vs. The Competition

MetricBrookfield Renewable PartnersElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$6.54B$13.70B$13.35B$19.19B
Dividend Yield5.97%4.48%4.07%3.58%
P/E Ratio-27.9914.9094.9541.22
Price / Sales1.138,033.4629.7517.58
Price / Cash2.808.7318.3521.28
Price / Book0.232.152.225.32
Net Income-$21M$666.62M$626.51M$989.67M
7 Day Performance-3.53%-1.61%-1.90%-3.45%
1 Month Performance-10.12%0.73%-2.54%-3.73%
1 Year Performance-15.06%35.13%1.49%12.06%

Brookfield Renewable Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEP
Brookfield Renewable Partners
4.4794 of 5 stars
$22.95
+1.6%
$31.78
+38.5%
-13.2%$6.54B$5.77B-27.994,770Analyst Upgrade
News Coverage
FTS
Fortis
3.0901 of 5 stars
$42.22
-0.3%
N/A+4.1%$21.00B$8.53B17.779,600
LNT
Alliant Energy
4.3274 of 5 stars
$60.44
0.0%
$63.39
+4.9%
+17.3%$15.51B$4.03B23.433,281
WES
Western Midstream Partners
2.4463 of 5 stars
$39.29
-1.2%
$37.88
-3.6%
+38.1%$14.95B$3.11B10.141,377Positive News
EVRG
Evergy
3.0506 of 5 stars
$61.82
-0.1%
$61.88
+0.1%
+20.3%$14.22B$5.78B16.734,658Positive News
AGR
Avangrid
3.3493 of 5 stars
$35.70
+0.3%
$34.67
-2.9%
+12.1%$13.81B$8.31B12.237,999News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.0442 of 5 stars
$5.85
-0.8%
N/A-30.3%$13.46B$38.08B0.008,328News Coverage
WTRG
Essential Utilities
4.521 of 5 stars
$38.87
+0.5%
$44.00
+13.2%
-0.8%$10.67B$2.05B19.353,258Analyst Revision
Positive News
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
1.6613 of 5 stars
$14.67
-0.5%
N/A-3.0%$10.03B$5.12B5.7511,170Analyst Upgrade
Positive News
DTM
DT Midstream
3.9809 of 5 stars
$99.98
+0.1%
$84.78
-15.2%
+88.5%$9.71B$976M24.48360Analyst Upgrade
News Coverage
Positive News
KEP
Korea Electric Power
1.8069 of 5 stars
$7.54
+1.6%
N/A+1.0%$9.68B$91.66T3.4448,696News Coverage
Gap Down

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This page (NYSE:BEP) was last updated on 12/21/2024 by MarketBeat.com Staff
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