NextEra Energy Partners (NEP) Competitors

$29.60
+0.99 (+3.46%)
(As of 05/2/2024 ET)

NEP vs. AY, RNW, ENLT, CEPU, ORA, BEPC, CWEN, BTU, CRK, and BE

Should you be buying NextEra Energy Partners stock or one of its competitors? The main competitors of NextEra Energy Partners include Atlantica Sustainable Infrastructure (AY), ReNew Energy Global (RNW), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), Ormat Technologies (ORA), Brookfield Renewable (BEPC), Clearway Energy (CWEN), Peabody Energy (BTU), Comstock Resources (CRK), and Bloom Energy (BE). These companies are all part of the "oils/energy" sector.

NextEra Energy Partners vs.

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

Atlantica Sustainable Infrastructure received 64 more outperform votes than NextEra Energy Partners when rated by MarketBeat users. Likewise, 63.86% of users gave Atlantica Sustainable Infrastructure an outperform vote while only 60.13% of users gave NextEra Energy Partners an outperform vote.

CompanyUnderperformOutperform
NextEra Energy PartnersOutperform Votes
383
60.13%
Underperform Votes
254
39.87%
Atlantica Sustainable InfrastructureOutperform Votes
447
63.86%
Underperform Votes
253
36.14%

NextEra Energy Partners currently has a consensus price target of $41.60, suggesting a potential upside of 40.54%. Atlantica Sustainable Infrastructure has a consensus price target of $23.67, suggesting a potential upside of 10.49%. Given NextEra Energy Partners' higher possible upside, equities analysts plainly believe NextEra Energy Partners is more favorable than Atlantica Sustainable Infrastructure.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy Partners
0 Sell rating(s)
10 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33
Atlantica Sustainable Infrastructure
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

66.0% of NextEra Energy Partners shares are owned by institutional investors. Comparatively, 40.5% of Atlantica Sustainable Infrastructure shares are owned by institutional investors. 0.1% of NextEra Energy Partners shares are owned by insiders. Comparatively, 0.1% of Atlantica Sustainable Infrastructure shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Atlantica Sustainable Infrastructure had 8 more articles in the media than NextEra Energy Partners. MarketBeat recorded 14 mentions for Atlantica Sustainable Infrastructure and 6 mentions for NextEra Energy Partners. NextEra Energy Partners' average media sentiment score of 1.15 beat Atlantica Sustainable Infrastructure's score of 0.80 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
5 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Atlantica Sustainable Infrastructure
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

NextEra Energy Partners has higher earnings, but lower revenue than Atlantica Sustainable Infrastructure. NextEra Energy Partners is trading at a lower price-to-earnings ratio than Atlantica Sustainable Infrastructure, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy Partners$1.08B2.57$200M$3.059.70
Atlantica Sustainable Infrastructure$1.10B2.26$43.38M$0.4251.00

NextEra Energy Partners pays an annual dividend of $3.52 per share and has a dividend yield of 11.9%. Atlantica Sustainable Infrastructure pays an annual dividend of $1.78 per share and has a dividend yield of 8.3%. NextEra Energy Partners pays out 115.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Atlantica Sustainable Infrastructure pays out 423.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NextEra Energy Partners is clearly the better dividend stock, given its higher yield and lower payout ratio.

NextEra Energy Partners has a beta of 1.01, meaning that its stock price is 1% more volatile than the S&P 500. Comparatively, Atlantica Sustainable Infrastructure has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.

NextEra Energy Partners has a net margin of 23.55% compared to Atlantica Sustainable Infrastructure's net margin of 4.43%. Atlantica Sustainable Infrastructure's return on equity of 2.91% beat NextEra Energy Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy Partners23.55% -0.48% -0.30%
Atlantica Sustainable Infrastructure 4.43%2.91%0.55%

Summary

NextEra Energy Partners beats Atlantica Sustainable Infrastructure on 12 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$2.77B$11.55B$7.97B$17.35B
Dividend Yield12.41%4.88%11.86%3.58%
P/E Ratio9.7018.7116.2625.30
Price / Sales2.5733.5795.9210.31
Price / Cash6.887.419.4417.44
Price / Book0.201.633.534.91
Net Income$200M$617.70M$982.02M$964.63M
7 Day Performance2.32%3.68%-0.93%0.99%
1 Month Performance2.07%4.53%-2.92%-2.66%
1 Year Performance-45.52%4.07%8.55%99.12%

NextEra Energy Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AY
Atlantica Sustainable Infrastructure
3.9571 of 5 stars
$19.57
-1.9%
$23.67
+20.9%
-16.5%$2.27B$1.10B46.601,366News Coverage
RNW
ReNew Energy Global
2.342 of 5 stars
$5.64
-1.7%
$8.35
+48.0%
+9.0%$2.10B$1.09B56.402,481Positive News
ENLT
Enlight Renewable Energy
0.7469 of 5 stars
$16.00
-1.3%
$18.50
+15.6%
+5.6%$1.85B$255.70M28.07287Upcoming Earnings
News Coverage
CEPU
Central Puerto
1.688 of 5 stars
$10.32
+0.8%
$8.00
-22.5%
+78.9%$1.56B$1.20B4.35885Upcoming Earnings
ORA
Ormat Technologies
4.3639 of 5 stars
$63.83
-1.0%
$81.00
+26.9%
-20.1%$3.86B$829.42M30.541,576Upcoming Earnings
Positive News
BEPC
Brookfield Renewable
4.6881 of 5 stars
$23.24
-1.7%
$34.00
+46.3%
-17.6%$4.18B$5.04B-72.631,890
CWEN
Clearway Energy
2.871 of 5 stars
$23.38
-0.3%
$28.33
+21.2%
-21.0%$4.72B$1.31B34.3861Upcoming Earnings
BTU
Peabody Energy
3.4948 of 5 stars
$21.91
-6.9%
$30.00
+36.9%
-7.7%$2.79B$4.95B4.405,400Dividend Announcement
News Coverage
Gap Up
CRK
Comstock Resources
1.8457 of 5 stars
$10.07
-3.1%
$9.75
-3.2%
-8.3%$2.80B$1.57B13.25251Earnings Report
BE
Bloom Energy
3.7344 of 5 stars
$11.11
+1.1%
$16.69
+50.3%
-28.3%$2.50B$1.33B-7.662,377Upcoming Earnings
Gap Up

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This page (NYSE:NEP) was last updated on 5/3/2024 by MarketBeat.com Staff

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