NYSE:FTS

Fortis Competitors

$44.05
-0.09 (-0.20 %)
(As of 04/14/2021 03:59 PM ET)
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Today's Range
$43.97
Now: $44.05
$44.19
50-Day Range
$38.50
MA: $41.91
$43.83
52-Week Range
$35.53
Now: $44.05
$44.18
Volume12,856 shs
Average Volume411,523 shs
Market Capitalization$20.56 billion
P/E Ratio22.36
Dividend Yield3.52%
Beta0.22

Competitors

Fortis (NYSE:FTS) Vs. SO, D, AEP, ES, DTE, and EIX

Should you be buying FTS stock or one of its competitors? Companies in the industry of "electric services" are considered alternatives and competitors to Fortis, including The Southern (SO), Dominion Energy (D), American Electric Power (AEP), Eversource Energy (ES), DTE Energy (DTE), and Edison International (EIX).

The Southern (NYSE:SO) and Fortis (NYSE:FTS) are both large-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, valuation, institutional ownership, risk, dividends, earnings and analyst recommendations.

Analyst Ratings

This is a summary of current ratings and recommmendations for The Southern and Fortis, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
The Southern32802.38
Fortis13502.44

The Southern presently has a consensus price target of $65.1538, indicating a potential upside of 1.98%. Fortis has a consensus price target of $59.5714, indicating a potential upside of 35.24%. Given Fortis' stronger consensus rating and higher possible upside, analysts clearly believe Fortis is more favorable than The Southern.

Dividends

The Southern pays an annual dividend of $2.56 per share and has a dividend yield of 4.0%. Fortis pays an annual dividend of $1.54 per share and has a dividend yield of 3.5%. The Southern pays out 82.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Fortis pays out 80.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. The Southern has raised its dividend for 19 consecutive years and Fortis has raised its dividend for 1 consecutive years. The Southern is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Insider and Institutional Ownership

57.6% of The Southern shares are owned by institutional investors. Comparatively, 47.8% of Fortis shares are owned by institutional investors. 0.4% of The Southern shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

The Southern has a beta of 0.39, meaning that its stock price is 61% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.22, meaning that its stock price is 78% less volatile than the S&P 500.

Earnings & Valuation

This table compares The Southern and Fortis' top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Southern$21.42 billion3.15$4.75 billion$3.1120.54
Fortis$6.62 billion3.11$1.30 billion$1.9222.94

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

Profitability

This table compares The Southern and Fortis' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
The Southern15.80%10.08%2.69%
Fortis13.88%6.00%2.07%

Summary

The Southern beats Fortis on 13 of the 17 factors compared between the two stocks.

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

Risk and Volatility

Dominion Energy has a beta of 0.3, meaning that its stock price is 70% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.22, meaning that its stock price is 78% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Dominion Energy and Fortis, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Dominion Energy041002.71
Fortis13502.44

Dominion Energy presently has a consensus price target of $83.2308, indicating a potential upside of 7.44%. Fortis has a consensus price target of $59.5714, indicating a potential upside of 35.24%. Given Fortis' higher possible upside, analysts clearly believe Fortis is more favorable than Dominion Energy.

Earnings & Valuation

This table compares Dominion Energy and Fortis' top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dominion Energy$16.57 billion3.77$1.36 billion$4.2418.26
Fortis$6.62 billion3.11$1.30 billion$1.9222.94

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

Profitability

This table compares Dominion Energy and Fortis' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Dominion Energy0.10%12.19%3.40%
Fortis13.88%6.00%2.07%

Dividends

Dominion Energy pays an annual dividend of $2.52 per share and has a dividend yield of 3.3%. Fortis pays an annual dividend of $1.54 per share and has a dividend yield of 3.5%. Dominion Energy pays out 59.4% of its earnings in the form of a dividend. Fortis pays out 80.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Dominion Energy has raised its dividend for 1 consecutive years and Fortis has raised its dividend for 1 consecutive years.

Insider and Institutional Ownership

67.1% of Dominion Energy shares are owned by institutional investors. Comparatively, 47.8% of Fortis shares are owned by institutional investors. 0.3% of Dominion Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Dominion Energy beats Fortis on 12 of the 16 factors compared between the two stocks.

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

Volatility & Risk

Fortis has a beta of 0.22, meaning that its share price is 78% less volatile than the S&P 500. Comparatively, American Electric Power has a beta of 0.22, meaning that its share price is 78% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for Fortis and American Electric Power, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Fortis13502.44
American Electric Power121002.69

Fortis presently has a consensus target price of $59.5714, indicating a potential upside of 35.24%. American Electric Power has a consensus target price of $92.3333, indicating a potential upside of 6.04%. Given Fortis' higher possible upside, research analysts clearly believe Fortis is more favorable than American Electric Power.

Valuation & Earnings

This table compares Fortis and American Electric Power's gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$6.62 billion3.11$1.30 billion$1.9222.94
American Electric Power$15.56 billion2.78$1.92 billion$4.2420.54

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.

Profitability

This table compares Fortis and American Electric Power's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Fortis13.88%6.00%2.07%
American Electric Power12.82%10.19%2.66%

Dividends

Fortis pays an annual dividend of $1.54 per share and has a dividend yield of 3.5%. American Electric Power pays an annual dividend of $2.96 per share and has a dividend yield of 3.4%. Fortis pays out 80.2% 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 69.8% of its earnings in the form of a dividend. Fortis has raised its dividend for 1 consecutive years. Fortis is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Insider and Institutional Ownership

47.8% of Fortis shares are held by institutional investors. Comparatively, 75.0% of American Electric Power shares are held by institutional investors. 0.2% of American Electric Power shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

American Electric Power beats Fortis on 11 of the 16 factors compared between the two stocks.

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

Volatility & Risk

Fortis has a beta of 0.22, meaning that its share price is 78% less volatile than the S&P 500. Comparatively, Eversource Energy has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for Fortis and Eversource Energy, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Fortis13502.44
Eversource Energy26402.17

Fortis presently has a consensus target price of $59.5714, indicating a potential upside of 35.24%. Eversource Energy has a consensus target price of $90.1667, indicating a potential upside of 2.28%. Given Fortis' stronger consensus rating and higher possible upside, research analysts clearly believe Fortis is more favorable than Eversource Energy.

Valuation & Earnings

This table compares Fortis and Eversource Energy's gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$6.62 billion3.11$1.30 billion$1.9222.94
Eversource Energy$8.53 billion3.55$909.05 million$3.4525.55

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

Profitability

This table compares Fortis and Eversource Energy's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Fortis13.88%6.00%2.07%
Eversource Energy13.57%8.88%2.83%

Dividends

Fortis pays an annual dividend of $1.54 per share and has a dividend yield of 3.5%. Eversource Energy pays an annual dividend of $2.41 per share and has a dividend yield of 2.7%. Fortis pays out 80.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Eversource Energy pays out 69.9% of its earnings in the form of a dividend. Fortis has raised its dividend for 1 consecutive years and Eversource Energy has raised its dividend for 1 consecutive years.

Insider and Institutional Ownership

47.8% of Fortis shares are held by institutional investors. Comparatively, 76.8% of Eversource Energy shares are held by institutional investors. 0.3% of Eversource Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Eversource Energy beats Fortis on 10 of the 16 factors compared between the two stocks.

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

Volatility & Risk

Fortis has a beta of 0.22, meaning that its share price is 78% less volatile than the S&P 500. Comparatively, DTE Energy has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for Fortis and DTE Energy, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Fortis13502.44
DTE Energy05902.64

Fortis presently has a consensus target price of $59.5714, indicating a potential upside of 35.24%. DTE Energy has a consensus target price of $132.50, indicating a potential downside of 4.50%. Given Fortis' higher possible upside, research analysts clearly believe Fortis is more favorable than DTE Energy.

Valuation & Earnings

This table compares Fortis and DTE Energy's gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$6.62 billion3.11$1.30 billion$1.9222.94
DTE Energy$12.67 billion2.12$1.17 billion$6.3022.02

Fortis has higher earnings, but lower revenue than DTE Energy. 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.

Profitability

This table compares Fortis and DTE Energy's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Fortis13.88%6.00%2.07%
DTE Energy11.30%11.43%3.18%

Dividends

Fortis pays an annual dividend of $1.54 per share and has a dividend yield of 3.5%. DTE Energy pays an annual dividend of $4.34 per share and has a dividend yield of 3.1%. Fortis pays out 80.2% 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 68.9% of its earnings in the form of a dividend. Fortis has raised its dividend for 1 consecutive years and DTE Energy has raised its dividend for 1 consecutive years.

Insider and Institutional Ownership

47.8% of Fortis shares are held by institutional investors. Comparatively, 73.6% of DTE Energy shares are held by institutional investors. 0.6% of DTE Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

DTE Energy beats Fortis on 10 of the 16 factors compared between the two stocks.

Fortis (NYSE:FTS) and Edison International (NYSE:EIX) are both large-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, risk and profitability.

Insider and Institutional Ownership

47.8% of Fortis shares are held by institutional investors. Comparatively, 87.6% of Edison International shares are held by institutional investors. 0.6% of Edison International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Dividends

Fortis pays an annual dividend of $1.54 per share and has a dividend yield of 3.5%. Edison International pays an annual dividend of $2.65 per share and has a dividend yield of 4.3%. Fortis pays out 80.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Edison International pays out 56.4% of its earnings in the form of a dividend. Fortis has raised its dividend for 1 consecutive years and Edison International has raised its dividend for 1 consecutive years. Edison International is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Recommendations

This is a breakdown of recent ratings for Fortis and Edison International, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Fortis13502.44
Edison International03702.70

Fortis presently has a consensus target price of $59.5714, indicating a potential upside of 35.24%. Edison International has a consensus target price of $68.40, indicating a potential upside of 12.02%. Given Fortis' higher possible upside, research analysts clearly believe Fortis is more favorable than Edison International.

Valuation & Earnings

This table compares Fortis and Edison International's gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$6.62 billion3.11$1.30 billion$1.9222.94
Edison International$12.35 billion1.88$1.41 billion$4.7012.99

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

Profitability

This table compares Fortis and Edison International's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Fortis13.88%6.00%2.07%
Edison International3.23%10.57%2.51%

Volatility & Risk

Fortis has a beta of 0.22, meaning that its share price is 78% less volatile than the S&P 500. Comparatively, Edison International has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500.

Summary

Edison International beats Fortis on 13 of the 16 factors compared between the two stocks.


Fortis Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
The Southern logo
SO
The Southern
2.0$63.89-0.5%$67.16 billion$21.42 billion21.30Analyst Report
Insider Selling
News Coverage
Dominion Energy logo
D
Dominion Energy
1.9$77.42-0.1%$62.44 billion$16.57 billion-3,871.00
American Electric Power logo
AEP
American Electric Power
2.3$87.07-0.4%$43.24 billion$15.56 billion22.50News Coverage
Eversource Energy logo
ES
Eversource Energy
1.8$88.16-0.8%$30.02 billion$8.53 billion24.97Analyst Report
Analyst Revision
DTE Energy logo
DTE
DTE Energy
2.1$138.72-0.8%$26.66 billion$12.67 billion19.65Analyst Report
Analyst Revision
News Coverage
Edison International logo
EIX
Edison International
2.0$61.05-1.1%$22.90 billion$12.35 billion61.67News Coverage
PPL logo
PPL
PPL
2.2$28.74-0.1%$22.09 billion$7.77 billion14.23
Entergy logo
ETR
Entergy
2.2$104.18-0.7%$20.79 billion$10.88 billion15.12Dividend Announcement
Analyst Revision
FirstEnergy logo
FE
FirstEnergy
2.1$35.16-0.0%$19.13 billion$11.04 billion26.04Analyst Revision
Avangrid logo
AGR
Avangrid
1.4$52.09-0.1%$16.10 billion$6.34 billion25.29News Coverage
Korea Electric Power logo
KEP
Korea Electric Power
0.9$10.73-0.5%$13.71 billion$47.34 billion214.60Increase in Short Interest
CenterPoint Energy logo
CNP
CenterPoint Energy
1.7$23.71-0.2%$13.05 billion$12.30 billion-12.16
Brookfield Renewable Partners logo
BEP
Brookfield Renewable Partners
1.3$42.95-1.8%$12.02 billion$2.98 billion-88.25
Algonquin Power & Utilities logo
AQN
Algonquin Power & Utilities
1.9$16.16-1.4%$9.81 billion$1.62 billion19.47Analyst Report
News Coverage
Enel Américas logo
ENIA
Enel Américas
1.3$8.00-6.6%$9.80 billion$14.31 billion10.13Unusual Options Activity
News Coverage
NRG Energy logo
NRG
NRG Energy
2.6$38.28-1.0%$9.46 billion$9.82 billion2.45
Pinnacle West Capital logo
PNW
Pinnacle West Capital
1.9$83.52-0.6%$9.36 billion$3.47 billion14.86
Vistra logo
VST
Vistra
2.7$17.63-0.5%$8.45 billion$11.81 billion15.07Analyst Downgrade
Decrease in Short Interest
Brookfield Renewable logo
BEPC
Brookfield Renewable
0.9$46.60-2.6%$8.23 billionN/A0.00Decrease in Short Interest
News Coverage
Centrais Elétricas Brasileiras S.A. - Eletrobrás logo
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.3$6.12-0.7%$8.22 billion$6.74 billion5.46Increase in Short Interest
OGE Energy logo
OGE
OGE Energy
1.7$32.86-0.7%$6.53 billion$2.23 billion-34.23
Clearway Energy logo
CWEN
Clearway Energy
1.3$28.49-0.1%$5.75 billion$1.03 billion79.14
NextEra Energy Partners logo
NEP
NextEra Energy Partners
1.7$74.17-0.1%$5.63 billion$855 million-51.51Upcoming Earnings
News Coverage
Huaneng Power International logo
HNP
Huaneng Power International
1.5$13.95-0.4%$5.46 billion$24.94 billion10.41Upcoming Earnings
Increase in Short Interest
Enel Chile logo
ENIC
Enel Chile
0.8$3.89-0.5%$5.35 billion$3.45 billion-35.36
IDACORP logo
IDA
IDACORP
2.0$99.76-0.4%$5.02 billion$1.35 billion20.44Analyst Downgrade
Increase in Short Interest
News Coverage
Hawaiian Electric Industries logo
HE
Hawaiian Electric Industries
1.5$42.37-0.1%$4.63 billion$2.87 billion21.62Increase in Short Interest
News Coverage
Portland General Electric logo
POR
Portland General Electric
1.9$49.47-0.1%$4.43 billion$2.12 billion27.03Decrease in Short Interest
Ormat Technologies logo
ORA
Ormat Technologies
1.6$78.87-2.8%$4.29 billion$746.04 million52.23Unusual Options Activity
PNM Resources logo
PNM
PNM Resources
1.9$49.45-0.0%$4.24 billion$1.46 billion20.18
Atlantica Sustainable Infrastructure logo
AY
Atlantica Sustainable Infrastructure
1.9$38.45-0.1%$4.10 billion$1.01 billion65.17Increase in Short Interest
Analyst Revision
CEMIG logo
CIG
CEMIG
1.2$2.25-2.2%$3.34 billion$6.32 billion0.00Increase in Short Interest
Companhia Paranaense de Energia - COPEL logo
ELP
Companhia Paranaense de Energia - COPEL
1.2$1.13-0.9%$3.06 billion$3.95 billion0.46Increase in Short Interest
Gap Down
TransAlta logo
TAC
TransAlta
1.5$9.90-0.2%$2.68 billion$1.77 billion-45.00News Coverage
Otter Tail logo
OTTR
Otter Tail
1.8$46.52-0.1%$1.93 billion$919.50 million19.38News Coverage
Kenon logo
KEN
Kenon
0.5$31.88-0.1%$1.72 billion$373 million0.00
Azure Power Global logo
AZRE
Azure Power Global
1.4$27.15-0.8%$1.32 billion$171.90 million-43.10Analyst Report
Increase in Short Interest
Pampa Energía logo
PAM
Pampa Energía
1.0$14.16-0.2%$806.04 million$2.84 billion8.38Increase in Short Interest
Central Puerto logo
CEPU
Central Puerto
1.4$2.14-0.5%$325.51 million$606.52 million3.34
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima logo
EDN
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
0.8$3.60-1.9%$166.32 million$1.52 billion-5.14Analyst Downgrade
Ocean Power Technologies logo
OPTT
Ocean Power Technologies
0.6$2.62-6.9%$142.76 million$1.68 million-2.73Gap Up
Black Hills logo
BKH
Black Hills
2.0$69.50-1.2%$48.89 million$1.73 billion19.58
This page was last updated on 4/14/2021 by MarketBeat.com Staff
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