SolarBank (NASDAQ:SUUN – Get Free Report) and Duke Energy (NYSE:DUK – Get Free Report) are both energy companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, risk, valuation, earnings and dividends.
Institutional & Insider Ownership
65.3% of Duke Energy shares are owned by institutional investors. 0.1% of Duke Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Analyst Recommendations
This is a summary of current ratings for SolarBank and Duke Energy, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
SolarBank | 0 | 0 | 2 | 0 | 3.00 |
Duke Energy | 0 | 7 | 9 | 0 | 2.56 |
Profitability
This table compares SolarBank and Duke Energy’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
SolarBank | -10.64% | -15.19% | -6.41% |
Duke Energy | 14.90% | 9.50% | 2.56% |
Valuation & Earnings
This table compares SolarBank and Duke Energy”s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
SolarBank | $52.15 million | 1.28 | -$2.56 million | ($0.22) | -9.36 |
Duke Energy | $30.36 billion | 3.07 | $4.52 billion | $5.71 | 21.03 |
Duke Energy has higher revenue and earnings than SolarBank. SolarBank is trading at a lower price-to-earnings ratio than Duke Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Duke Energy beats SolarBank on 11 of the 13 factors compared between the two stocks.
About SolarBank
SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.
About Duke Energy
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest. It generates electricity through coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. Duke Energy Corporation was founded in 1904 and is headquartered in Charlotte, North Carolina.
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