BEP vs. FTS, VG, EBR, LNT, EVRG, WES, SBS, WTRG, KEP, and DTM
Should you be buying Brookfield Renewable Partners stock or one of its competitors? The main competitors of Brookfield Renewable Partners include Fortis (FTS), Venture Global (VG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Alliant Energy (LNT), Evergy (EVRG), Western Midstream Partners (WES), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Essential Utilities (WTRG), Korea Electric Power (KEP), and DT Midstream (DTM). 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 better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, media sentiment, institutional ownership, risk, community ranking and analyst recommendations.
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.
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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Brookfield Renewable Partners pays an annual dividend of $1.49 per share and has a dividend yield of 6.9%. Fortis pays an annual dividend of $1.70 per share and has a dividend yield of 3.6%. Brookfield Renewable Partners pays out -167.4% of its earnings in the form of a dividend. Fortis pays out 72.0% 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. Brookfield Renewable Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.
Brookfield Renewable Partners received 196 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 61.29% of users gave Brookfield Renewable Partners an outperform vote while only 52.54% of users gave Fortis an outperform vote.
Fortis has a net margin of 14.12% compared to Brookfield Renewable Partners' net margin of -0.15%. Fortis' return on equity of 7.09% beat Brookfield Renewable Partners' return on equity.
Brookfield Renewable Partners currently has a consensus target price of $30.18, suggesting a potential upside of 40.25%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, analysts plainly believe Brookfield Renewable Partners is more favorable than Fortis.
In the previous week, Fortis had 14 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 20 mentions for Fortis and 6 mentions for Brookfield Renewable Partners. Brookfield Renewable Partners' average media sentiment score of 1.09 beat Fortis' score of 0.96 indicating that Brookfield Renewable Partners is being referred to more favorably in the media.
Brookfield Renewable Partners has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.46, meaning that its share price is 54% less volatile than the S&P 500.
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 4/15/2025 by MarketBeat.com Staff
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