BEPC vs. CWEN, ORA, NEP, AY, RNW, ENLT, CEPU, NFE, MGY, and VAL
Should you be buying Brookfield Renewable stock or one of its competitors? The main competitors of Brookfield Renewable include Clearway Energy (CWEN), Ormat Technologies (ORA), NextEra Energy Partners (NEP), Atlantica Sustainable Infrastructure (AY), ReNew Energy Global (RNW), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), New Fortress Energy (NFE), Magnolia Oil & Gas (MGY), and Valaris (VAL). These companies are all part of the "oils/energy" sector.
Clearway Energy (NYSE:CWEN) and Brookfield Renewable (NYSE:BEPC) are both mid-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, community ranking, analyst recommendations, institutional ownership, media sentiment and dividends.
38.0% of Clearway Energy shares are held by institutional investors. Comparatively, 75.1% of Brookfield Renewable shares are held by institutional investors. 0.6% of Clearway Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Clearway Energy has a beta of 0.86, meaning that its stock price is 14% less volatile than the S&P 500. Comparatively, Brookfield Renewable has a beta of 1.09, meaning that its stock price is 9% more volatile than the S&P 500.
In the previous week, Clearway Energy had 14 more articles in the media than Brookfield Renewable. MarketBeat recorded 18 mentions for Clearway Energy and 4 mentions for Brookfield Renewable. Brookfield Renewable's average media sentiment score of 1.12 beat Clearway Energy's score of 0.83 indicating that Clearway Energy is being referred to more favorably in the media.
Clearway Energy pays an annual dividend of $1.61 per share and has a dividend yield of 5.9%. Brookfield Renewable pays an annual dividend of $1.42 per share and has a dividend yield of 4.6%. Clearway Energy pays out 243.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Brookfield Renewable pays out -443.8% of its earnings in the form of a dividend. Clearway Energy has increased its dividend for 4 consecutive years. Clearway Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Clearway Energy presently has a consensus target price of $29.00, suggesting a potential upside of 5.88%. Brookfield Renewable has a consensus target price of $34.00, suggesting a potential upside of 8.73%. Given Clearway Energy's stronger consensus rating and higher possible upside, analysts plainly believe Brookfield Renewable is more favorable than Clearway Energy.
Clearway Energy has higher earnings, but lower revenue than Brookfield Renewable. Brookfield Renewable is trading at a lower price-to-earnings ratio than Clearway Energy, indicating that it is currently the more affordable of the two stocks.
Brookfield Renewable has a net margin of 19.15% compared to Brookfield Renewable's net margin of 5.97%. Clearway Energy's return on equity of 5.52% beat Brookfield Renewable's return on equity.
Clearway Energy received 112 more outperform votes than Brookfield Renewable when rated by MarketBeat users. Likewise, 54.59% of users gave Clearway Energy an outperform vote while only 54.17% of users gave Brookfield Renewable an outperform vote.
Summary
Clearway Energy beats Brookfield Renewable on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BEPC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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