Innergex Renewable Energy (INE) Competitors

Algonquin Power & Utilities (TSE:AQN) and Innergex Renewable Energy (TSE:INE) are both utilities companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, community ranking, earnings, risk, analyst recommendations, valuation, institutional ownership, profitability and media sentiment.

Which has preferable earnings & valuation, AQN or INE?

Algonquin Power & Utilities has higher revenue and earnings than Innergex Renewable Energy. Innergex Renewable Energy 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Algonquin Power & Utilities	C$2.63B	1.98	C$114.08M	C$0.22	30.91
Innergex Renewable Energy	C$1.06B	1.73	-C$131.97M	-C$0.65	-13.92

Which has more volatility and risk, AQN or INE?

Algonquin Power & Utilities has a beta of 0.52, indicating that its stock price is 48% less volatile than the S&P 500. Comparatively, Innergex Renewable Energy has a beta of 0.36, indicating that its stock price is 64% less volatile than the S&P 500.

Do analysts recommend AQN or INE?

Algonquin Power & Utilities currently has a consensus target price of C$5.50, indicating a potential downside of 19.12%. Innergex Renewable Energy has a consensus target price of C$12.38, indicating a potential upside of 36.74%. Given Innergex Renewable Energy's stronger consensus rating and higher possible upside, analysts plainly believe Innergex Renewable Energy is more favorable than Algonquin Power & Utilities.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Algonquin Power & Utilities	0 Sell rating(s)	4 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	2.40
Innergex Renewable Energy	0 Sell rating(s)	5 Hold rating(s)	5 Buy rating(s)	0 Strong Buy rating(s)	2.50

Do insiders and institutionals have more ownership in AQN or INE?

62.0% of Algonquin Power & Utilities shares are held by institutional investors. Comparatively, 35.6% of Innergex Renewable Energy shares are held by institutional investors. 0.1% of Algonquin Power & Utilities shares are held by company insiders. Comparatively, 20.5% of Innergex Renewable Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Does the MarketBeat Community favor AQN or INE?

Algonquin Power & Utilities received 208 more outperform votes than Innergex Renewable Energy when rated by MarketBeat users. Likewise, 72.75% of users gave Algonquin Power & Utilities an outperform vote while only 56.78% of users gave Innergex Renewable Energy an outperform vote.

Company	Underperform	Outperform
Algonquin Power & Utilities	Outperform Votes 518 72.75%	Underperform Votes 194 27.25%
Innergex Renewable Energy	Outperform Votes 310 56.78%	Underperform Votes 236 43.22%

Is AQN or INE more profitable?

Algonquin Power & Utilities has a net margin of 4.70% compared to Innergex Renewable Energy's net margin of -11.96%. Algonquin Power & Utilities' return on equity of 0.24% beat Innergex Renewable Energy's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Algonquin Power & Utilities	4.70%	0.24%	1.59%
Innergex Renewable Energy	-11.96%	-9.27%	2.25%

Does the media refer more to AQN or INE?

In the previous week, Algonquin Power & Utilities had 5 more articles in the media than Innergex Renewable Energy. MarketBeat recorded 6 mentions for Algonquin Power & Utilities and 1 mentions for Innergex Renewable Energy. Innergex Renewable Energy's average media sentiment score of 1.52 beat Algonquin Power & Utilities' score of 0.18 indicating that Innergex Renewable Energy is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Algonquin Power & Utilities	2 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Innergex Renewable Energy	1 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Very Positive

Is AQN or INE a better dividend stock?

Algonquin Power & Utilities pays an annual dividend of C$0.36 per share and has a dividend yield of 5.3%. Innergex Renewable Energy pays an annual dividend of C$0.36 per share and has a dividend yield of 4.0%. 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. Innergex Renewable Energy pays out -55.4% of its earnings in the form of a dividend.

Summary

Algonquin Power & Utilities beats Innergex Renewable Energy on 14 of the 21 factors compared between the two stocks.