FTS vs. CEG, AEP, D, VST, EIX, DTE, ETR, FE, PPL, and ES
Should you be buying Fortis stock or one of its competitors? The main competitors of Fortis include Constellation Energy (CEG), American Electric Power (AEP), Dominion Energy (D), Vistra (VST), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), FirstEnergy (FE), PPL (PPL), and Eversource Energy (ES). These companies are all part of the "electric services" industry.
Constellation Energy (NASDAQ:CEG) and Fortis (NYSE:FTS) are both large-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, risk, earnings, dividends, profitability, valuation, analyst recommendations, institutional ownership and media sentiment.
Fortis has a net margin of 13.66% compared to Fortis' net margin of 10.25%. Fortis' return on equity of 18.14% beat Constellation Energy's return on equity.
Constellation Energy currently has a consensus price target of $227.50, suggesting a potential upside of 14.90%. Fortis has a consensus price target of $55.13, suggesting a potential upside of 37.80%. Given Constellation Energy's higher possible upside, analysts clearly believe Fortis is more favorable than Constellation Energy.
82.2% of Constellation Energy shares are held by institutional investors. Comparatively, 57.8% of Fortis shares are held by institutional investors. 0.2% of Constellation Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Constellation Energy has higher revenue and earnings than Fortis. Fortis is trading at a lower price-to-earnings ratio than Constellation Energy, indicating that it is currently the more affordable of the two stocks.
Fortis received 140 more outperform votes than Constellation Energy when rated by MarketBeat users. However, 62.33% of users gave Constellation Energy an outperform vote while only 53.35% of users gave Fortis an outperform vote.
In the previous week, Fortis had 7 more articles in the media than Constellation Energy. MarketBeat recorded 8 mentions for Fortis and 1 mentions for Constellation Energy. Constellation Energy's average media sentiment score of 1.47 beat Fortis' score of 1.00 indicating that Fortis is being referred to more favorably in the news media.
Constellation Energy has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500.
Constellation Energy pays an annual dividend of $1.41 per share and has a dividend yield of 0.7%. Fortis pays an annual dividend of $1.71 per share and has a dividend yield of 4.3%. Constellation Energy pays out 18.8% of its earnings in the form of a dividend. Fortis pays out 73.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Constellation Energy has increased its dividend for 2 consecutive years and Fortis has increased its dividend for 4 consecutive years. Fortis is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Constellation Energy beats Fortis on 14 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FTS 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 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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