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NextEra Energy Partners (NEP) Competitors

$33.27
-0.80 (-2.35%)
(As of 05/29/2024 ET)

NEP vs. PNW, BEP, OGE, BEPC, CIG, CWEN, IDA, ORA, POR, and AQN

Should you be buying NextEra Energy Partners stock or one of its competitors? The main competitors of NextEra Energy Partners include Pinnacle West Capital (PNW), Brookfield Renewable Partners (BEP), OGE Energy (OGE), Brookfield Renewable (BEPC), CEMIG (CIG), Clearway Energy (CWEN), IDACORP (IDA), Ormat Technologies (ORA), Portland General Electric (POR), and Algonquin Power & Utilities (AQN). These companies are all part of the "electric services" industry.

NextEra Energy Partners vs.

NextEra Energy Partners (NYSE:NEP) and Pinnacle West Capital (NYSE:PNW) are both mid-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, media sentiment, dividends, community ranking, analyst recommendations, valuation, risk and profitability.

66.0% of NextEra Energy Partners shares are held by institutional investors. Comparatively, 91.5% of Pinnacle West Capital shares are held by institutional investors. 0.1% of NextEra Energy Partners shares are held by company insiders. Comparatively, 0.2% of Pinnacle West Capital shares are held 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.

NextEra Energy Partners pays an annual dividend of $3.57 per share and has a dividend yield of 10.8%. Pinnacle West Capital pays an annual dividend of $3.52 per share and has a dividend yield of 4.7%. NextEra Energy Partners pays out 117.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Pinnacle West Capital pays out 76.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Pinnacle West Capital received 2 more outperform votes than NextEra Energy Partners when rated by MarketBeat users. However, 60.03% of users gave NextEra Energy Partners an outperform vote while only 42.08% of users gave Pinnacle West Capital an outperform vote.

CompanyUnderperformOutperform
NextEra Energy PartnersOutperform Votes
383
60.03%
Underperform Votes
255
39.97%
Pinnacle West CapitalOutperform Votes
385
42.08%
Underperform Votes
530
57.92%

Pinnacle West Capital has higher revenue and earnings than NextEra Energy Partners. NextEra Energy Partners is trading at a lower price-to-earnings ratio than Pinnacle West Capital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy Partners$1.08B2.88$200M$3.0510.88
Pinnacle West Capital$4.70B1.83$501.56M$4.5916.49

NextEra Energy Partners has a beta of 1.01, meaning that its stock price is 1% more volatile than the S&P 500. Comparatively, Pinnacle West Capital has a beta of 0.48, meaning that its stock price is 52% less volatile than the S&P 500.

NextEra Energy Partners has a net margin of 23.55% compared to Pinnacle West Capital's net margin of 11.09%. Pinnacle West Capital's return on equity of 8.29% beat NextEra Energy Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy Partners23.55% -0.48% -0.30%
Pinnacle West Capital 11.09%8.29%2.13%

In the previous week, NextEra Energy Partners had 6 more articles in the media than Pinnacle West Capital. MarketBeat recorded 17 mentions for NextEra Energy Partners and 11 mentions for Pinnacle West Capital. NextEra Energy Partners' average media sentiment score of 1.07 beat Pinnacle West Capital's score of 1.02 indicating that NextEra Energy Partners is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextEra Energy Partners
10 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Pinnacle West Capital
5 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NextEra Energy Partners presently has a consensus target price of $39.29, suggesting a potential upside of 18.62%. Pinnacle West Capital has a consensus target price of $74.58, suggesting a potential downside of 1.46%. Given NextEra Energy Partners' higher probable upside, research analysts plainly believe NextEra Energy Partners is more favorable than Pinnacle West Capital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy Partners
1 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.27
Pinnacle West Capital
0 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

Pinnacle West Capital beats NextEra Energy Partners on 11 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEP 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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NEP vs. The Competition

MetricNextEra Energy PartnersElectric services IndustryEnergy SectorNYSE Exchange
Market Cap$3.11B$14.15B$8.21B$17.46B
Dividend Yield10.61%4.63%11.55%3.53%
P/E Ratio10.9114.1115.5625.52
Price / Sales2.8927.8094.0810.11
Price / Cash8.168.2910.0219.29
Price / Book0.221.622.905.82
Net Income$200M$675.05M$973.13M$975.72M
7 Day Performance3.13%1.35%0.70%-0.51%
1 Month Performance17.31%5.75%3.01%2.67%
1 Year Performance-44.12%9.07%8.08%22.10%

NextEra Energy Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PNW
Pinnacle West Capital
4.3931 of 5 stars
$76.48
-0.4%
$74.08
-3.1%
-1.4%$8.69B$4.70B16.666,133Analyst Forecast
BEP
Brookfield Renewable Partners
3.7255 of 5 stars
$27.75
-3.0%
$30.75
+10.8%
-14.6%$7.91B$5.04B-60.314,770Analyst Forecast
Short Interest ↓
News Coverage
OGE
OGE Energy
3.5223 of 5 stars
$35.45
-0.6%
$33.40
-5.8%
+0.0%$7.11B$2.67B17.992,329Positive News
BEPC
Brookfield Renewable
3.8823 of 5 stars
$31.88
-1.5%
$34.00
+6.6%
-8.6%$5.73B$5.04B-69.301,890Short Interest ↑
CIG
CEMIG
3.0159 of 5 stars
$1.94
-1.5%
$2.12
+9.3%
+3.9%$5.54B$7.38B4.844,917Stock Split
Short Interest ↓
CWEN
Clearway Energy
1.7239 of 5 stars
$27.17
+1.2%
$29.00
+6.8%
-9.8%$5.49B$1.31B41.1661Positive News
IDA
IDACORP
3.8979 of 5 stars
$93.64
-2.1%
$96.80
+3.4%
-10.5%$4.99B$1.77B18.802,112Analyst Forecast
Analyst Revision
ORA
Ormat Technologies
4.3554 of 5 stars
$74.04
+0.7%
$84.29
+13.8%
-13.9%$4.47B$829.42M33.351,576Positive News
POR
Portland General Electric
2.5405 of 5 stars
$43.40
-0.7%
$44.00
+1.4%
-11.5%$4.47B$2.92B16.632,842Short Interest ↓
AQN
Algonquin Power & Utilities
4.3714 of 5 stars
$6.38
-2.4%
$7.44
+16.7%
-24.7%$4.40B$2.70B-13.023,500Analyst Forecast

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This page (NYSE:NEP) was last updated on 5/30/2024 by MarketBeat.com Staff

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