Brookfield Renewable (NYSE:BEPC – Get Rating) is one of 84 publicly-traded companies in the “Electric services” industry, but how does it weigh in compared to its rivals? We will compare Brookfield Renewable to related businesses based on the strength of its earnings, risk, institutional ownership, dividends, profitability, analyst recommendations and valuation.
Risk & Volatility
Brookfield Renewable has a beta of 0.98, suggesting that its stock price is 2% less volatile than the S&P 500. Comparatively, Brookfield Renewable’s rivals have a beta of -1.39, suggesting that their average stock price is 239% less volatile than the S&P 500.
This is a breakdown of recent recommendations for Brookfield Renewable and its rivals, as provided by MarketBeat.com.
|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, suggesting 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 probable upside, research analysts plainly believe Brookfield Renewable is more favorable than its rivals.
This table compares Brookfield Renewable and its rivals’ 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 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 raised its dividend for 1 consecutive years. Brookfield Renewable is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.
Earnings & Valuation
This table compares Brookfield Renewable and its rivals 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 rivals have higher revenue, but lower earnings than Brookfield Renewable. Brookfield Renewable is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
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 insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Brookfield Renewable beats its rivals 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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