FTS vs. PPL, ETR, DTE, CNP, FE, AGR, ES, EIX, VST, and EBR
Should you be buying Fortis stock or one of its competitors? The main competitors of Fortis include PPL (PPL), Entergy (ETR), DTE Energy (DTE), CenterPoint Energy (CNP), FirstEnergy (FE), Avangrid (AGR), Eversource Energy (ES), Edison International (EIX), Vistra (VST), and Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR). These companies are all part of the "electric services" industry.
Fortis vs.
Fortis (NYSE:FTS) and PPL (NYSE:PPL) are both large-cap utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability, community ranking, risk and media sentiment.
Fortis pays an annual dividend of $1.69 per share and has a dividend yield of 4.1%. PPL pays an annual dividend of $0.96 per share and has a dividend yield of 3.6%. Fortis pays out 79.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. PPL pays out 93.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Fortis is clearly the better dividend stock, given its higher yield and lower payout ratio.
Fortis has a net margin of 12.20% compared to PPL's net margin of 9.57%. PPL's return on equity of 7.50% beat Fortis' return on equity.
Fortis currently has a consensus price target of $58.75, indicating a potential upside of 41.43%. PPL has a consensus price target of $30.63, indicating a potential upside of 13.59%. Given Fortis' higher probable upside, analysts plainly believe Fortis is more favorable than PPL.
49.6% of Fortis shares are owned by institutional investors. Comparatively, 70.0% of PPL shares are owned by institutional investors. 0.2% of PPL shares are owned 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 has higher revenue and earnings than PPL. Fortis is trading at a lower price-to-earnings ratio than PPL, indicating that it is currently the more affordable of the two stocks.
PPL received 285 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 61.60% of users gave PPL an outperform vote while only 55.05% of users gave Fortis an outperform vote.
Fortis has a beta of 0.42, indicating that its share price is 58% less volatile than the S&P 500. Comparatively, PPL has a beta of 0.77, indicating that its share price is 23% less volatile than the S&P 500.
In the previous week, Fortis and Fortis both had 5 articles in the media. Fortis' average media sentiment score of 0.15 beat PPL's score of -0.03 indicating that Fortis is being referred to more favorably in the media.
Summary
PPL beats Fortis on 11 of the 19 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.
Skip ChartMedia 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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