Brookfield Renewable (NYSE:BEPC – Get Rating) is one of 84 public companies in the “Electric services” industry, but how does it compare to its competitors? We will compare Brookfield Renewable to similar companies based on the strength of its analyst recommendations, profitability, valuation, risk, earnings, dividends and institutional ownership.
Brookfield Renewable pays an annual dividend of $1.28 per share and has a dividend yield of 3.8%. Brookfield Renewable pays out -206.4% of its earnings in the form of a dividend. As a group, “Electric services” companies pay a dividend yield of 3.7% and pay out 64.8% of their earnings in the form of a dividend. Brookfield Renewable has increased its dividend for 1 consecutive years. Brookfield Renewable is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
68.0% of Brookfield Renewable shares are held by institutional investors. Comparatively, 66.9% of shares of all “Electric services” companies are held by institutional investors. 2.4% of shares of all “Electric services” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Earnings and Valuation
This table compares Brookfield Renewable and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Brookfield Renewable||$4.10 billion||$946.00 million||-54.68|
|Brookfield Renewable Competitors||$8.89 billion||$484.23 million||16.21|
Brookfield Renewable’s competitors have higher revenue, but lower earnings than Brookfield Renewable. Brookfield Renewable is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Volatility and Risk
Brookfield Renewable has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500. Comparatively, Brookfield Renewable’s competitors have a beta of -1.39, indicating that their average stock price is 239% less volatile than the S&P 500.
This is a breakdown of current recommendations and price targets for Brookfield Renewable and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Brookfield Renewable Competitors||538||3271||3076||59||2.38|
Brookfield Renewable currently has a consensus target price of $44.00, indicating a potential upside of 29.79%. As a group, “Electric services” companies have a potential upside of 16.78%. Given Brookfield Renewable’s stronger consensus rating and higher possible upside, analysts clearly believe Brookfield Renewable is more favorable than its competitors.
This table compares Brookfield Renewable and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Brookfield Renewable Competitors||-10.48%||7.45%||2.29%|
Brookfield Renewable beats its competitors on 9 of the 15 factors compared.
Brookfield Renewable Company Profile (Get Rating)
Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, and solar power plants with an installed capacity of approximately 12,723 megawatts. The company was incorporated in 2019 and is headquartered in New York, New York.
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