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Fortis (FTS) Competitors

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C$70.31 -0.03 (-0.04%)
As of 04:00 PM Eastern

FTS vs. H, EMA, CUP.U, KWH.UN, BIP.UN, CU, BEP.UN, CPX, BEPC, and BIPC

Should you be buying Fortis stock or one of its competitors? The main competitors of Fortis include Hydro One (H), Emera (EMA), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Brookfield Infrastructure Partners (BIP.UN), Canadian Utilities (CU), Brookfield Renewable Partners (BEP.UN), Capital Power (CPX), Brookfield Renewable (BEPC), and Brookfield Infrastructure (BIPC). These companies are all part of the "utilities" sector.

Fortis vs. Its Competitors

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

Fortis presently has a consensus price target of C$71.22, suggesting a potential upside of 1.30%. Hydro One has a consensus price target of C$51.00, suggesting a potential upside of 3.16%. Given Hydro One's higher possible upside, analysts clearly believe Hydro One is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.50
Hydro One
0 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.13

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$11.87B2.98C$1.66BC$3.4020.68
Hydro OneC$8.76B3.38C$1.14BC$2.0923.66

Fortis has a net margin of 14.53% compared to Hydro One's net margin of 13.59%. Hydro One's return on equity of 9.58% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.53% 7.48% 3.09%
Hydro One 13.59%9.58%3.57%

32.2% of Fortis shares are owned by institutional investors. Comparatively, 21.7% of Hydro One shares are owned by institutional investors. 0.0% of Fortis shares are owned by insiders. Comparatively, 47.1% of Hydro One shares are owned 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 pays an annual dividend of C$2.44 per share and has a dividend yield of 3.5%. Hydro One pays an annual dividend of C$1.28 per share and has a dividend yield of 2.6%. Fortis pays out 71.6% of its earnings in the form of a dividend. Hydro One pays out 61.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Fortis had 15 more articles in the media than Hydro One. MarketBeat recorded 17 mentions for Fortis and 2 mentions for Hydro One. Fortis' average media sentiment score of 0.98 beat Hydro One's score of 0.15 indicating that Fortis is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
6 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hydro One
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Fortis has a beta of 0.275753, indicating that its share price is 72% less volatile than the S&P 500. Comparatively, Hydro One has a beta of 0.300342, indicating that its share price is 70% less volatile than the S&P 500.

Summary

Fortis beats Hydro One on 11 of the 19 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 TSE 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

MetricFortisUtilities IndustryUtilities SectorTSE Exchange
Market CapC$35.42BC$21.02BC$16.98BC$9.69B
Dividend Yield3.50%5.32%4.64%6.47%
P/E Ratio20.6865.5156.6827.05
Price / Sales2.9840.3137.4011.01
Price / Cash65.80135.4619.2183.29
Price / Book1.431.682.275.83
Net IncomeC$1.66BC$982.11MC$748.50MC$301.20M
7 Day Performance0.03%-0.30%6.33%2.62%
1 Month Performance4.02%0.33%9.30%8.44%
1 Year Performance18.19%9.78%144.96%56.48%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
2.6107 of 5 stars
C$70.31
0.0%
C$71.22
+1.3%
+18.2%C$35.42BC$11.87B20.689,600News Coverage
Analyst Forecast
H
Hydro One
1.6449 of 5 stars
C$49.16
+0.3%
C$51.00
+3.7%
+12.9%C$29.41BC$8.76B23.5250,000News Coverage
EMA
Emera
1.9385 of 5 stars
C$65.97
+0.4%
C$64.33
-2.5%
+35.6%C$19.67BC$8.23B22.367,120Analyst Forecast
CUP.U
Caribbean Utilities
N/AC$13.95
+1.8%
N/A-2.8%C$582.55MC$286.72M12.57226
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21B-40.37N/AHigh Trading Volume
BIP.UN
Brookfield Infrastructure Partners
N/AC$46.06
-0.1%
N/A+4.1%C$21.37BC$21.54B921.2044,000Positive News
CU
Canadian Utilities
0.9784 of 5 stars
C$38.51
+0.2%
C$39.75
+3.2%
+10.0%C$10.44BC$3.72B23.489,018
BEP.UN
Brookfield Renewable Partners
0.6254 of 5 stars
C$36.51
+1.1%
C$42.00
+15.0%
+7.6%C$10.25BC$6.17B-38.03N/A
CPX
Capital Power
2.4475 of 5 stars
C$64.87
-0.2%
C$68.78
+6.0%
+39.7%C$10.09BC$3.31B20.79737
BEPC
Brookfield Renewable
N/AC$48.42
+0.5%
N/A+25.2%C$8.65BC$3.89B-6.601,890
BIPC
Brookfield Infrastructure
N/AC$57.66
+1.0%
N/A+9.3%C$6.80BC$3.65B-5.901,700

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This page (TSE:FTS) was last updated on 10/8/2025 by MarketBeat.com Staff
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