AQN vs. EMA, BIPC, BEPC, TA, RNW, UNS, ORA, ET, POM, and NFG
Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include Emera (EMA), Brookfield Infrastructure (BIPC), Brookfield Renewable (BEPC), TransAlta (TA), TransAlta Renewables (RNW), Uni-Select (UNS), Aura Minerals (ORA), Evertz Technologies (ET), PolyMet Mining (POM), and New Found Gold (NFG). These companies are all part of the "utilities" industry.
Algonquin Power & Utilities vs.
Emera (TSE:EMA) and Algonquin Power & Utilities (TSE:AQN) are both utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment, analyst recommendations and risk.
Emera has a beta of 0.35, indicating that its share price is 65% less volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.52, indicating that its share price is 48% less volatile than the S&P 500.
28.1% of Emera shares are held by institutional investors. Comparatively, 62.0% of Algonquin Power & Utilities shares are held by institutional investors. 0.1% of Emera shares are held by insiders. Comparatively, 0.1% of Algonquin Power & Utilities shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Emera has higher revenue and earnings than Algonquin Power & Utilities. Emera is trading at a lower price-to-earnings ratio than Algonquin Power & Utilities, indicating that it is currently the more affordable of the two stocks.
Emera received 69 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. However, 72.75% of users gave Algonquin Power & Utilities an outperform vote while only 58.41% of users gave Emera an outperform vote.
Emera currently has a consensus price target of C$52.10, suggesting a potential upside of 0.58%. Algonquin Power & Utilities has a consensus price target of C$5.50, suggesting a potential downside of 16.54%. Given Emera's higher possible upside, equities research analysts clearly believe Emera is more favorable than Algonquin Power & Utilities.
In the previous week, Emera had 3 more articles in the media than Algonquin Power & Utilities. MarketBeat recorded 7 mentions for Emera and 4 mentions for Algonquin Power & Utilities. Emera's average media sentiment score of 0.70 beat Algonquin Power & Utilities' score of -0.66 indicating that Emera is being referred to more favorably in the media.
Emera has a net margin of 10.83% compared to Algonquin Power & Utilities' net margin of 4.70%. Emera's return on equity of 6.60% beat Algonquin Power & Utilities' return on equity.
Emera pays an annual dividend of C$2.90 per share and has a dividend yield of 5.6%. Algonquin Power & Utilities pays an annual dividend of C$0.36 per share and has a dividend yield of 5.5%. Emera pays out 112.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Algonquin Power & Utilities pays out 163.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Emera is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Emera beats Algonquin Power & Utilities on 15 of the 20 factors compared between the two stocks.
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This page (TSE:AQN) was last updated on 11/21/2024 by MarketBeat.com Staff