INE vs. NPI, BEPC, AQN, RNW, BLX, ARR, PIF, GIP, SPG, and UGE
Should you be buying Innergex Renewable Energy stock or one of its competitors? The main competitors of Innergex Renewable Energy include Northland Power (NPI), Brookfield Renewable (BEPC), Algonquin Power & Utilities (AQN), TransAlta Renewables (RNW), Boralex (BLX), Altius Renewable Royalties (ARR), Polaris Renewable Energy (PIF), Green Impact Partners (GIP), Spark Power Group (SPG), and UGE International (UGE). These companies are all part of the "utilities - renewable" industry.
Innergex Renewable Energy vs.
Innergex Renewable Energy (TSE:INE) and Northland Power (TSE:NPI) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, community ranking, profitability, media sentiment and institutional ownership.
Northland Power has a net margin of -5.92% compared to Innergex Renewable Energy's net margin of -12.85%. Northland Power's return on equity of -3.37% beat Innergex Renewable Energy's return on equity.
In the previous week, Innergex Renewable Energy had 6 more articles in the media than Northland Power. MarketBeat recorded 6 mentions for Innergex Renewable Energy and 0 mentions for Northland Power. Innergex Renewable Energy's average media sentiment score of 0.76 beat Northland Power's score of 0.00 indicating that Innergex Renewable Energy is being referred to more favorably in the media.
Innergex Renewable Energy has a beta of 0.36, suggesting that its stock price is 64% less volatile than the S&P 500. Comparatively, Northland Power has a beta of 0.47, suggesting that its stock price is 53% less volatile than the S&P 500.
Innergex Renewable Energy has higher earnings, but lower revenue than Northland Power. Northland Power is trading at a lower price-to-earnings ratio than Innergex Renewable Energy, indicating that it is currently the more affordable of the two stocks.
Northland Power received 220 more outperform votes than Innergex Renewable Energy when rated by MarketBeat users. Likewise, 66.54% of users gave Northland Power an outperform vote while only 56.55% of users gave Innergex Renewable Energy an outperform vote.
Innergex Renewable Energy pays an annual dividend of C$0.36 per share and has a dividend yield of 4.0%. Northland Power pays an annual dividend of C$1.20 per share and has a dividend yield of 6.7%. Innergex Renewable Energy pays out -57.7% of its earnings in the form of a dividend. Northland Power pays out -219.8% 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. Northland Power is clearly the better dividend stock, given its higher yield and lower payout ratio.
35.6% of Innergex Renewable Energy shares are held by institutional investors. Comparatively, 49.4% of Northland Power shares are held by institutional investors. 20.5% of Innergex Renewable Energy shares are held by company insiders. Comparatively, 0.1% of Northland Power shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Innergex Renewable Energy currently has a consensus price target of C$11.64, suggesting a potential upside of 30.09%. Northland Power has a consensus price target of C$28.07, suggesting a potential upside of 57.26%. Given Northland Power's stronger consensus rating and higher possible upside, analysts plainly believe Northland Power is more favorable than Innergex Renewable Energy.
Summary
Northland Power beats Innergex Renewable Energy on 15 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 TSE 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 (TSE:INE) was last updated on 2/22/2025 by MarketBeat.com Staff
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