AQN vs. BEPC, NPI, BLX, INE, BIPC, CU, CPX, ACO.X, BEP.UN, and TA
Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include Brookfield Renewable (BEPC), Northland Power (NPI), Boralex (BLX), Innergex Renewable Energy (INE), Brookfield Infrastructure (BIPC), Canadian Utilities (CU), Capital Power (CPX), ATCO (ACO.X), Brookfield Renewable Partners (BEP.UN), and TransAlta (TA). These companies are all part of the "utilities" sector.
Algonquin Power & Utilities (TSE:AQN) and Brookfield Renewable (TSE:BEPC) are both mid-cap utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, institutional ownership, community ranking, dividends, media sentiment and earnings.
Algonquin Power & Utilities received 517 more outperform votes than Brookfield Renewable when rated by MarketBeat users.
Algonquin Power & Utilities has a net margin of 1.06% compared to Brookfield Renewable's net margin of -3.98%. Brookfield Renewable's return on equity of 1.81% beat Algonquin Power & Utilities' return on equity.
Algonquin Power & Utilities currently has a consensus target price of C$7.08, suggesting a potential downside of 17.64%. Given Algonquin Power & Utilities' higher probable upside, equities research analysts plainly believe Algonquin Power & Utilities is more favorable than Brookfield Renewable.
61.5% of Algonquin Power & Utilities shares are owned by institutional investors. Comparatively, 77.1% of Brookfield Renewable shares are owned by institutional investors. 0.1% of Algonquin Power & Utilities shares are owned by company insiders. Comparatively, 0.0% of Brookfield Renewable shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Algonquin Power & Utilities pays an annual dividend of C$0.59 per share and has a dividend yield of 6.9%. Brookfield Renewable pays an annual dividend of 1.93 per share and has a dividend yield of 5.5%. Algonquin Power & Utilities pays out 1,475.0% 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 -139.9% of its earnings in the form of a dividend.
Algonquin Power & Utilities has a beta of 0.45, suggesting that its share price is 55% less volatile than the S&P 500. Comparatively, Brookfield Renewable has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500.
Algonquin Power & Utilities has higher earnings, but lower revenue than Brookfield Renewable. Brookfield Renewable 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.
In the previous week, Algonquin Power & Utilities had 16 more articles in the media than Brookfield Renewable. MarketBeat recorded 17 mentions for Algonquin Power & Utilities and 1 mentions for Brookfield Renewable. Algonquin Power & Utilities' average media sentiment score of 0.65 beat Brookfield Renewable's score of 0.00 indicating that Algonquin Power & Utilities is being referred to more favorably in the media.
Summary
Algonquin Power & Utilities beats Brookfield Renewable on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AQN 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 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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