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Fortis (FTS) Competitors

$40.26
+0.45 (+1.13%)
(As of 07/17/2024 ET)

FTS vs. CEG, AEP, D, VST, EIX, DTE, ETR, FE, ES, and PPL

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), Eversource Energy (ES), and PPL (PPL). These companies are all part of the "electric services" industry.

Fortis vs.

Fortis (NYSE:FTS) and Constellation Energy (NASDAQ:CEG) are both large-cap utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, media sentiment, community ranking, risk, institutional ownership and dividends.

In the previous week, Fortis had 1 more articles in the media than Constellation Energy. MarketBeat recorded 3 mentions for Fortis and 2 mentions for Constellation Energy. Constellation Energy's average media sentiment score of 0.96 beat Fortis' score of 0.95 indicating that Constellation Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Constellation Energy
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortis received 138 more outperform votes than Constellation Energy when rated by MarketBeat users. However, 62.39% of users gave Constellation Energy an outperform vote while only 53.24% of users gave Fortis an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
279
53.24%
Underperform Votes
245
46.76%
Constellation EnergyOutperform Votes
141
62.39%
Underperform Votes
85
37.61%

Fortis presently has a consensus price target of $55.13, suggesting a potential upside of 36.91%. Constellation Energy has a consensus price target of $231.11, suggesting a potential upside of 23.81%. Given Fortis' higher probable upside, equities research analysts plainly believe Fortis is more favorable than Constellation Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Constellation Energy
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

57.8% of Fortis shares are held by institutional investors. Comparatively, 82.2% of Constellation Energy shares are held by institutional investors. 0.2% of Constellation Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Fortis pays an annual dividend of $1.71 per share and has a dividend yield of 4.2%. Constellation Energy pays an annual dividend of $1.41 per share and has a dividend yield of 0.8%. Fortis pays out 73.7% of its earnings in the form of a dividend. Constellation Energy pays out 18.8% 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.

Fortis has a beta of 0.45, suggesting that its stock price is 55% less volatile than the S&P 500. Comparatively, Constellation Energy has a beta of 0.71, suggesting that its stock price is 29% less volatile than the S&P 500.

Fortis has a net margin of 13.66% compared to Constellation Energy's net margin of 10.25%. Constellation Energy's return on equity of 18.14% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis13.66% 7.02% 2.33%
Constellation Energy 10.25%18.14%4.25%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$8.53B2.34$1.17B$2.3217.36
Constellation Energy$24.92B2.36$1.62B$7.4924.92

Summary

Constellation Energy beats Fortis on 15 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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FTS vs. The Competition

MetricFortisElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$19.94B$13.00B$12.94B$18.56B
Dividend Yield4.33%4.63%4.20%3.50%
P/E Ratio17.3613.6189.8625.61
Price / Sales2.342.9026.8116.62
Price / Cash7.997.9318.1620.26
Price / Book1.231.661.905.14
Net Income$1.17B$697.29M$641.84M$974.76M
7 Day Performance0.79%-1.00%0.48%2.97%
1 Month Performance4.65%7.15%3.57%6.48%
1 Year Performance-5.37%0.29%2.10%9.05%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CEG
Constellation Energy
3.6711 of 5 stars
3.67 / 5 stars
$217.14
+0.1%
$231.11
+6.4%
+94.1%$68.45B$24.92B28.9913,871Positive News
AEP
American Electric Power
4.4485 of 5 stars
4.45 / 5 stars
$90.96
+0.1%
$88.62
-2.6%
+9.4%$47.95B$19B16.8817,250Positive News
D
Dominion Energy
4.4511 of 5 stars
4.45 / 5 stars
$51.97
+0.7%
$51.64
-0.6%
+1.4%$43.53B$14.39B26.7917,700Short Interest ↓
Positive News
VST
Vistra
4.6664 of 5 stars
4.67 / 5 stars
$91.33
-0.3%
$87.83
-3.8%
+191.6%$31.73B$14.78B56.034,870Options Volume
Positive News
Gap Down
EIX
Edison International
4.9489 of 5 stars
4.95 / 5 stars
$74.84
+0.8%
$77.40
+3.4%
+7.8%$28.79B$16.34B32.8214,375Upcoming Earnings
Positive News
DTE
DTE Energy
4.9127 of 5 stars
4.91 / 5 stars
$114.48
+1.1%
$115.67
+1.0%
+6.1%$23.42B$12.21B18.749,950Upcoming Earnings
Analyst Forecast
Short Interest ↓
News Coverage
Positive News
ETR
Entergy
4.6764 of 5 stars
4.68 / 5 stars
$109.17
+0.6%
$113.50
+4.0%
+12.0%$23.31B$12.15B10.9512,177Short Interest ↑
News Coverage
Positive News
FE
FirstEnergy
3.891 of 5 stars
3.89 / 5 stars
$39.52
+0.1%
$40.55
+2.6%
+0.7%$22.72B$12.93B22.7112,042Positive News
ES
Eversource Energy
4.5614 of 5 stars
4.56 / 5 stars
$60.34
+1.6%
$65.86
+9.1%
-14.7%$21.26B$11.91B-51.1410,171Positive News
PPL
PPL
4.1936 of 5 stars
4.19 / 5 stars
$28.44
+0.8%
$32.36
+13.8%
+8.5%$20.98B$8.31B27.616,629

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This page (NYSE:FTS) was last updated on 7/18/2024 by MarketBeat.com Staff

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