Fortis (FTS) Competitors

$39.10
+0.09 (+0.23%)
(As of 04/23/2024 ET)

FTS vs. PPL, CNP, EBR, ES, NRG, FE, DTE, ETR, AGR, and EIX

Should you be buying Fortis stock or one of its competitors? The main competitors of Fortis include PPL (PPL), CenterPoint Energy (CNP), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Eversource Energy (ES), NRG Energy (NRG), FirstEnergy (FE), DTE Energy (DTE), Entergy (ETR), Avangrid (AGR), and Edison International (EIX). 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 stock? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment and risk.

PPL received 296 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 60.72% of users gave PPL an outperform vote while only 53.55% of users gave Fortis an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
279
53.55%
Underperform Votes
242
46.45%
PPLOutperform Votes
575
60.72%
Underperform Votes
372
39.28%

Fortis has a beta of 0.42, suggesting that its stock price is 58% less volatile than the S&P 500. Comparatively, PPL has a beta of 0.81, suggesting that its stock price is 19% less volatile than the S&P 500.

In the previous week, PPL had 2 more articles in the media than Fortis. MarketBeat recorded 4 mentions for PPL and 2 mentions for Fortis. Fortis' average media sentiment score of 0.59 beat PPL'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
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
PPL
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Fortis presently has a consensus target price of $55.13, indicating a potential upside of 40.88%. PPL has a consensus target price of $32.50, indicating a potential upside of 18.57%. Given Fortis' higher probable upside, equities analysts plainly believe Fortis is more favorable than PPL.

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
PPL
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

Fortis pays an annual dividend of $1.28 per share and has a dividend yield of 3.3%. PPL pays an annual dividend of $1.03 per share and has a dividend yield of 3.8%. Fortis pays out 55.7% of its earnings in the form of a dividend. PPL pays out 103.0% 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 has a net margin of 13.22% compared to PPL's net margin of 8.90%. PPL's return on equity of 8.45% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis13.22% 7.00% 2.32%
PPL 8.90%8.45%3.06%

57.8% of Fortis shares are owned by institutional investors. Comparatively, 77.0% 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortis$8.53B2.26$1.17B$2.3017.02
PPL$8.31B2.43$740M$1.0027.43

Summary

PPL 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 services IndustryUtilities SectorNYSE Exchange
Market Cap$19.30B$12.83B$11.36B$17.49B
Dividend Yield3.32%5.00%4.23%3.58%
P/E Ratio17.0215.4479.8022.26
Price / Sales2.263.1026.9710.28
Price / Cash7.787.5118.0414.95
Price / Book1.191.611.885.04
Net Income$1.17B$678.75M$576.44M$963.22M
7 Day Performance5.41%4.18%2.34%2.18%
1 Month Performance-0.94%3.61%-0.08%-1.71%
1 Year Performance-11.41%0.60%-2.98%96.08%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PPL
PPL
4.5378 of 5 stars
$26.01
-1.6%
$32.50
+25.0%
-4.6%$19.18B$8.31B26.016,629
CNP
CenterPoint Energy
3.6396 of 5 stars
$27.21
-0.7%
$30.30
+11.4%
-5.7%$17.22B$8.70B20.018,827Upcoming Earnings
Analyst Report
News Coverage
High Trading Volume
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
0.3065 of 5 stars
$7.33
-2.9%
N/A+10.7%$16.86B$7.44B0.009,670Gap Down
High Trading Volume
ES
Eversource Energy
4.3805 of 5 stars
$57.20
-1.8%
$66.08
+15.5%
-23.5%$20.06B$11.91B-45.4010,171Analyst Report
NRG
NRG Energy
4.3579 of 5 stars
$74.54
+2.2%
$59.50
-20.2%
+104.6%$16.01B$28.82B-69.6618,131Dividend Announcement
FE
FirstEnergy
3.5402 of 5 stars
$36.83
-1.5%
$40.38
+9.6%
-5.9%$21.20B$12.87B20.3512,042Upcoming Earnings
Analyst Report
News Coverage
DTE
DTE Energy
4.6264 of 5 stars
$103.21
-2.2%
$114.33
+10.8%
-3.1%$21.36B$12.75B15.279,950Upcoming Earnings
Analyst Report
ETR
Entergy
4.4602 of 5 stars
$100.58
-1.7%
$109.78
+9.1%
-1.1%$21.45B$12.15B9.0712,177Upcoming Earnings
Analyst Report
AGR
Avangrid
4.0754 of 5 stars
$35.69
-0.7%
$34.75
-2.6%
-9.2%$13.80B$8.31B17.587,999News Coverage
EIX
Edison International
4.2505 of 5 stars
$66.79
-1.6%
$73.60
+10.2%
-3.1%$25.69B$16.34B21.4114,375Upcoming Earnings
News Coverage

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This page (NYSE:FTS) was last updated on 4/23/2024 by MarketBeat.com Staff

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