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Fortis (FTS) Competitors

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$55.93 -0.37 (-0.66%)
Closing price 08/6/2026 03:59 PM Eastern
Extended Trading
$56.04 +0.11 (+0.20%)
As of 07:05 AM Eastern
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FTS vs. AEP, EVRG, LNT, CMS, and DTE

Should you buy Fortis stock or one of its competitors? MarketBeat compares Fortis with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Fortis include American Electric Power (AEP), Evergy (EVRG), Alliant Energy (LNT), CMS Energy (CMS), and DTE Energy (DTE). These companies are all part of the "utilities" sector.

How does Fortis compare to American Electric Power?

Fortis (NYSE:FTS) and American Electric Power (NASDAQ:AEP) are both large-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, profitability, institutional ownership, media sentiment and earnings.

Fortis has a net margin of 14.17% compared to American Electric Power's net margin of 13.78%. American Electric Power's return on equity of 9.95% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.17% 7.16% 2.34%
American Electric Power 13.78%9.95%2.79%

Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.4%. American Electric Power pays an annual dividend of $3.80 per share and has a dividend yield of 3.0%. Fortis pays out 76.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. American Electric Power pays out 65.2% of its earnings in the form of a dividend. Fortis has increased its dividend for 5 consecutive years and American Electric Power has increased its dividend for 15 consecutive years.

Fortis currently has a consensus target price of $66.33, indicating a potential upside of 18.60%. American Electric Power has a consensus target price of $140.71, indicating a potential upside of 12.34%. Given Fortis' higher possible upside, analysts clearly believe Fortis is more favorable than American Electric Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
American Electric Power
0 Sell rating(s)
9 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.59

In the previous week, American Electric Power had 6 more articles in the media than Fortis. MarketBeat recorded 23 mentions for American Electric Power and 17 mentions for Fortis. Fortis' average media sentiment score of 0.73 beat American Electric Power's score of 0.38 indicating that Fortis is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
8 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
American Electric Power
6 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

American Electric Power has higher revenue and earnings than Fortis. American Electric Power is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$8.71B3.28$1.29B$2.4722.64
American Electric Power$21.88B3.12$3.58B$5.8321.49

57.8% of Fortis shares are held by institutional investors. Comparatively, 75.2% of American Electric Power shares are held by institutional investors. 0.1% of American Electric Power shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Fortis has a beta of 0.43, indicating that its share price is 57% less volatile than the broader market. Comparatively, American Electric Power has a beta of 0.52, indicating that its share price is 48% less volatile than the broader market.

Summary

American Electric Power beats Fortis on 13 of the 19 factors compared between the two stocks.

How does Fortis compare to Evergy?

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

57.8% of Fortis shares are held by institutional investors. Comparatively, 87.2% of Evergy shares are held by institutional investors. 1.5% of Evergy shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Fortis has higher revenue and earnings than Evergy. Evergy is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$8.71B3.28$1.29B$2.4722.64
Evergy$5.96B3.21$855.60M$3.7722.03

Evergy has a net margin of 14.63% compared to Fortis' net margin of 14.17%. Evergy's return on equity of 9.09% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.17% 7.16% 2.34%
Evergy 14.63%9.09%2.75%

Fortis currently has a consensus price target of $66.33, suggesting a potential upside of 18.60%. Evergy has a consensus price target of $90.60, suggesting a potential upside of 9.10%. Given Fortis' higher probable upside, equities research analysts plainly believe Fortis is more favorable than Evergy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
Evergy
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73

Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.4%. Evergy pays an annual dividend of $2.78 per share and has a dividend yield of 3.3%. Fortis pays out 76.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Evergy pays out 73.7% of its earnings in the form of a dividend. Fortis has raised its dividend for 5 consecutive years and Evergy has raised its dividend for 20 consecutive years.

Fortis has a beta of 0.43, indicating that its share price is 57% less volatile than the broader market. Comparatively, Evergy has a beta of 0.54, indicating that its share price is 46% less volatile than the broader market.

In the previous week, Fortis had 6 more articles in the media than Evergy. MarketBeat recorded 17 mentions for Fortis and 11 mentions for Evergy. Evergy's average media sentiment score of 0.98 beat Fortis' score of 0.73 indicating that Evergy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
8 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Evergy
2 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Evergy beats Fortis on 12 of the 19 factors compared between the two stocks.

How does Fortis compare to Alliant Energy?

Alliant Energy (NASDAQ:LNT) and Fortis (NYSE:FTS) are both large-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, media sentiment, risk, valuation and institutional ownership.

79.9% of Alliant Energy shares are held by institutional investors. Comparatively, 57.8% of Fortis shares are held by institutional investors. 0.3% of Alliant Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Alliant Energy currently has a consensus target price of $76.82, indicating a potential upside of 10.50%. Fortis has a consensus target price of $66.33, indicating a potential upside of 18.60%. Given Fortis' higher probable upside, analysts clearly believe Fortis is more favorable than Alliant Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alliant Energy
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64
Fortis
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Alliant Energy has a net margin of 18.45% compared to Fortis' net margin of 14.17%. Alliant Energy's return on equity of 11.16% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Alliant Energy18.45% 11.16% 3.31%
Fortis 14.17%7.16%2.34%

Fortis has higher revenue and earnings than Alliant Energy. Alliant Energy is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alliant Energy$4.36B4.13$810M$3.1622.00
Fortis$8.71B3.28$1.29B$2.4722.64

Alliant Energy pays an annual dividend of $2.14 per share and has a dividend yield of 3.1%. Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.4%. Alliant Energy pays out 67.7% of its earnings in the form of a dividend. Fortis pays out 76.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Alliant Energy has raised its dividend for 22 consecutive years and Fortis has raised its dividend for 5 consecutive years.

In the previous week, Alliant Energy had 4 more articles in the media than Fortis. MarketBeat recorded 21 mentions for Alliant Energy and 17 mentions for Fortis. Alliant Energy's average media sentiment score of 0.76 beat Fortis' score of 0.73 indicating that Alliant Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alliant Energy
9 Very Positive mention(s)
8 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortis
8 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Alliant Energy has a beta of 0.55, suggesting that its share price is 45% less volatile than the broader market. Comparatively, Fortis has a beta of 0.43, suggesting that its share price is 57% less volatile than the broader market.

Summary

Alliant Energy beats Fortis on 14 of the 19 factors compared between the two stocks.

How does Fortis compare to CMS Energy?

Fortis (NYSE:FTS) and CMS Energy (NYSE:CMS) are both large-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, media sentiment, risk, dividends, profitability and institutional ownership.

Fortis currently has a consensus price target of $66.33, indicating a potential upside of 18.60%. CMS Energy has a consensus price target of $81.67, indicating a potential upside of 14.73%. Given Fortis' higher probable upside, equities analysts clearly believe Fortis is more favorable than CMS Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
CMS Energy
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50

Fortis has a beta of 0.43, meaning that its stock price is 57% less volatile than the broader market. Comparatively, CMS Energy has a beta of 0.35, meaning that its stock price is 65% less volatile than the broader market.

Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.4%. CMS Energy pays an annual dividend of $2.28 per share and has a dividend yield of 3.2%. Fortis pays out 76.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. CMS Energy pays out 68.5% of its earnings in the form of a dividend. Fortis has raised its dividend for 5 consecutive years and CMS Energy has raised its dividend for 3 consecutive years. Fortis is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Fortis has a net margin of 14.17% compared to CMS Energy's net margin of 11.64%. CMS Energy's return on equity of 10.76% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.17% 7.16% 2.34%
CMS Energy 11.64%10.76%2.62%

In the previous week, Fortis had 6 more articles in the media than CMS Energy. MarketBeat recorded 17 mentions for Fortis and 11 mentions for CMS Energy. CMS Energy's average media sentiment score of 0.89 beat Fortis' score of 0.73 indicating that CMS Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
8 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
CMS Energy
6 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

57.8% of Fortis shares are held by institutional investors. Comparatively, 93.6% of CMS Energy shares are held by institutional investors. 0.5% of CMS Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Fortis has higher earnings, but lower revenue than CMS Energy. CMS Energy is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$8.71B3.28$1.29B$2.4722.64
CMS Energy$8.81B2.53$1.07B$3.3321.38

Summary

CMS Energy beats Fortis on 10 of the 19 factors compared between the two stocks.

How does Fortis compare to DTE Energy?

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

Fortis currently has a consensus target price of $66.33, indicating a potential upside of 18.60%. DTE Energy has a consensus target price of $158.62, indicating a potential upside of 13.50%. Given Fortis' higher possible upside, equities analysts clearly believe Fortis is more favorable than DTE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
DTE Energy
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.73

DTE Energy has higher revenue and earnings than Fortis. DTE Energy is trading at a lower price-to-earnings ratio than Fortis, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$8.71B3.28$1.29B$2.4722.64
DTE Energy$16.47B1.77$1.46B$6.3222.11

Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.4%. DTE Energy pays an annual dividend of $4.66 per share and has a dividend yield of 3.3%. Fortis pays out 76.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. DTE Energy pays out 73.7% of its earnings in the form of a dividend. Fortis has increased its dividend for 5 consecutive years and DTE Energy has increased its dividend for 16 consecutive years.

Fortis has a beta of 0.43, indicating that its share price is 57% less volatile than the broader market. Comparatively, DTE Energy has a beta of 0.38, indicating that its share price is 62% less volatile than the broader market.

57.8% of Fortis shares are owned by institutional investors. Comparatively, 76.1% of DTE Energy shares are owned by institutional investors. 0.6% of DTE Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Fortis had 2 more articles in the media than DTE Energy. MarketBeat recorded 17 mentions for Fortis and 15 mentions for DTE Energy. DTE Energy's average media sentiment score of 1.36 beat Fortis' score of 0.73 indicating that DTE Energy is being referred to more favorably in the news media.

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

Fortis has a net margin of 14.17% compared to DTE Energy's net margin of 8.00%. DTE Energy's return on equity of 12.19% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.17% 7.16% 2.34%
DTE Energy 8.00%12.19%2.74%

Summary

DTE Energy beats Fortis on 13 of the 20 factors compared between the two stocks.

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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 Utilities IndustryUtilities SectorNYSE Exchange
Market Cap$28.76B$28.97B$16.11B$24.14B
Dividend Yield3.35%4.11%4.01%3.70%
P/E Ratio22.6416.6620.0930.00
Price / Sales3.28579.55286.6312.73
Price / Cash10.4127.9018.7133.25
Price / Book1.531.702.066.84
Net Income$1.29B$1.60B$701.59M$1.06B
7 Day Performance-1.77%-0.36%-0.35%1.93%
1 Month Performance-2.78%-2.09%-1.09%1.63%
1 Year Performance10.14%14.83%8.91%19.09%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
3.5647 of 5 stars
$55.93
-0.7%
$66.33
+18.6%
+10.9%$28.76B$8.71B22.649,926
AEP
American Electric Power
4.2819 of 5 stars
$128.26
+0.4%
$141.71
+10.5%
+10.4%$69.88B$22.43B18.8617,581
EVRG
Evergy
3.9701 of 5 stars
$83.12
-0.2%
$90.60
+9.0%
+13.4%$19.18B$6.03B22.084,691
LNT
Alliant Energy
3.9675 of 5 stars
$70.40
-0.7%
$77.09
+9.5%
+5.7%$18.21B$4.42B22.112,948
CMS
CMS Energy
4.4142 of 5 stars
$72.03
-0.3%
$81.83
+13.6%
-3.9%$22.62B$8.54B21.668,350

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This page (NYSE:FTS) was last updated on 8/7/2026 by MarketBeat.com Staff.
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