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Fortis (FTS) Competitors

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$56.68 +0.35 (+0.62%)
Closing price 03:59 PM Eastern
Extended Trading
$55.30 -1.38 (-2.44%)
As of 07:34 PM Eastern
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FTS vs. AEP, EVRG, LNT, CMS, and DTE

Should you buy Fortis stock or one of its competitors? Fortis's main competitors and comparable companies include American Electric Power (AEP), Evergy (EVRG), Alliant Energy (LNT), CMS Energy (CMS), and DTE Energy (DTE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "utilities" sector.

How does Fortis compare to American Electric Power?

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

In the previous week, American Electric Power had 2 more articles in the media than Fortis. MarketBeat recorded 7 mentions for American Electric Power and 5 mentions for Fortis. Fortis' average media sentiment score of 1.05 beat American Electric Power's score of 0.95 indicating that Fortis is being referred to more favorably in the news media.

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

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

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
American Electric Power13.78% 9.95% 2.79%
Fortis 14.17%7.16%2.34%

American Electric Power currently has a consensus target price of $140.71, indicating a potential upside of 12.03%. Fortis has a consensus target price of $66.33, indicating a potential upside of 17.03%. Given Fortis' higher possible upside, analysts plainly believe Fortis is more favorable than American Electric Power.

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

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
American Electric Power$21.88B3.13$3.58B$5.8321.54
Fortis$8.71B3.32$1.29B$2.4722.95

75.2% of American Electric Power shares are owned by institutional investors. Comparatively, 57.8% of Fortis shares are owned by institutional investors. 0.1% of American Electric Power 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.

American Electric Power pays an annual dividend of $3.80 per share and has a dividend yield of 3.0%. Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.3%. American Electric Power pays out 65.2% 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. American Electric Power has increased its dividend for 15 consecutive years and Fortis has increased its dividend for 5 consecutive years.

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 superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, institutional ownership, risk, dividends, analyst recommendations, earnings and valuation.

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

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$8.71B3.32$1.29B$2.4722.95
Evergy$5.96B3.25$855.60M$3.9421.33

Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.3%. 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 70.6% 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.

In the previous week, Fortis had 1 more articles in the media than Evergy. MarketBeat recorded 5 mentions for Fortis and 4 mentions for Evergy. Fortis' average media sentiment score of 1.05 beat Evergy's score of 0.95 indicating that Fortis is being referred to more favorably in the media.

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

Fortis presently has a consensus price target of $66.33, indicating a potential upside of 17.03%. Evergy has a consensus price target of $90.60, indicating a potential upside of 7.82%. Given Fortis' higher probable upside, equities analysts clearly 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

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 large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Evergy has a net margin of 15.19% compared to Fortis' net margin of 14.17%. Evergy's return on equity of 9.20% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.17% 7.16% 2.34%
Evergy 15.19%9.20%2.76%

Summary

Evergy beats Fortis on 11 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 compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, profitability, media sentiment, valuation, risk and earnings.

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.

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%

Alliant Energy pays an annual dividend of $2.14 per share and has a dividend yield of 3.0%. Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.3%. 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.

Alliant Energy currently has a consensus target price of $76.82, suggesting a potential upside of 8.81%. Fortis has a consensus target price of $66.33, suggesting a potential upside of 17.03%. Given Fortis' higher possible 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

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 large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Alliant Energy had 5 more articles in the media than Fortis. MarketBeat recorded 10 mentions for Alliant Energy and 5 mentions for Fortis. Fortis' average media sentiment score of 1.05 beat Alliant Energy's score of 0.75 indicating that Fortis is being referred to more favorably in the news media.

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

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$4.36B4.20$810M$3.1622.34
Fortis$8.71B3.32$1.29B$2.4722.95

Summary

Alliant Energy beats Fortis on 13 of the 19 factors compared between the two stocks.

How does Fortis compare to CMS Energy?

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

In the previous week, Fortis had 4 more articles in the media than CMS Energy. MarketBeat recorded 5 mentions for Fortis and 1 mentions for CMS Energy. CMS Energy's average media sentiment score of 1.34 beat Fortis' score of 1.05 indicating that CMS Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CMS 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
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortis has higher revenue and earnings 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
CMS Energy$8.54B2.61$1.07B$3.3321.35
Fortis$8.71B3.32$1.29B$2.4722.95

93.6% of CMS Energy shares are held by institutional investors. Comparatively, 57.8% of Fortis shares are held by institutional investors. 0.5% of CMS Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term 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
CMS Energy11.64% 10.76% 2.62%
Fortis 14.17%7.16%2.34%

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

CMS Energy currently has a consensus price target of $81.67, indicating a potential upside of 14.85%. Fortis has a consensus price target of $66.33, indicating a potential upside of 17.03%. Given Fortis' higher possible upside, analysts clearly believe Fortis is more favorable than CMS Energy.

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

CMS Energy pays an annual dividend of $2.28 per share and has a dividend yield of 3.2%. Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.3%. CMS Energy pays out 68.5% 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. CMS Energy has increased its dividend for 3 consecutive years and Fortis has increased its dividend for 5 consecutive years. Fortis is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

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

How does Fortis compare to DTE Energy?

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

In the previous week, DTE Energy had 3 more articles in the media than Fortis. MarketBeat recorded 8 mentions for DTE Energy and 5 mentions for Fortis. Fortis' average media sentiment score of 1.05 beat DTE Energy's score of 0.64 indicating that Fortis is being referred to more favorably in the news media.

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

DTE Energy presently has a consensus target price of $158.62, indicating a potential upside of 12.62%. Fortis has a consensus target price of $66.33, indicating a potential upside of 17.03%. Given Fortis' higher possible upside, analysts clearly believe Fortis is more favorable than DTE Energy.

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

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
DTE Energy$15.81B1.85$1.46B$6.3222.29
Fortis$8.71B3.32$1.29B$2.4722.95

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
DTE Energy8.00% 12.19% 2.74%
Fortis 14.17%7.16%2.34%

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

DTE Energy pays an annual dividend of $4.66 per share and has a dividend yield of 3.3%. Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 3.3%. DTE Energy pays out 73.7% 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. DTE Energy has raised its dividend for 16 consecutive years and Fortis has raised its dividend for 5 consecutive years.

DTE Energy has a beta of 0.38, suggesting that its share price is 62% 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

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$28.78B$28.98B$16.18B$24.33B
Dividend Yield3.35%4.14%4.02%3.67%
P/E Ratio22.9516.0625.2726.65
Price / Sales3.32571.73283.8421.30
Price / Cash10.4127.9118.8032.80
Price / Book1.551.652.026.82
Net Income$1.29B$1.60B$701.59M$1.06B
7 Day Performance0.95%0.06%0.18%0.55%
1 Month Performance-1.93%-1.80%-1.30%3.13%
1 Year Performance11.66%14.25%10.00%18.71%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
3.8402 of 5 stars
$56.68
+0.6%
$66.33
+17.0%
+11.5%$28.78B$8.71B22.959,926
AEP
American Electric Power
4.3952 of 5 stars
$125.83
+0.4%
$140.71
+11.8%
+10.8%$68.50B$21.88B21.5817,581
EVRG
Evergy
4.0557 of 5 stars
$84.12
+0.8%
$90.60
+7.7%
+13.9%$19.40B$5.96B21.354,691
LNT
Alliant Energy
4.0192 of 5 stars
$70.65
+0.6%
$76.82
+8.7%
+7.4%$18.32B$4.36B22.362,948
CMS
CMS Energy
4.6992 of 5 stars
$71.32
+1.1%
$81.67
+14.5%
-4.0%$22.36B$8.54B21.428,350

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This page (NYSE:FTS) was last updated on 8/14/2026 by MarketBeat.com Staff.
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