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Fortis (FTS) Competitors

Fortis logo
C$65.75 -0.41 (-0.62%)
As of 09:50 AM Eastern

FTS vs. H, EMA, CUP.U, KWH.UN, BIP.UN, BEP.UN, CPX, CU, NPI, and ACO.X

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), Brookfield Renewable Partners (BEP.UN), Capital Power (CPX), Canadian Utilities (CU), Northland Power (NPI), and ATCO (ACO.X). These companies are all part of the "utilities" sector.

Fortis vs.

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

Fortis received 235 more outperform votes than Hydro One when rated by MarketBeat users. Likewise, 66.09% of users gave Fortis an outperform vote while only 63.46% of users gave Hydro One an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
723
66.09%
Underperform Votes
371
33.91%
Hydro OneOutperform Votes
488
63.46%
Underperform Votes
281
36.54%

Fortis has a beta of 0.23, suggesting that its share price is 77% less volatile than the S&P 500. Comparatively, Hydro One has a beta of 0.34, suggesting that its share price is 66% less volatile than the S&P 500.

Fortis currently has a consensus target price of C$64.25, indicating a potential downside of 2.89%. Hydro One has a consensus target price of C$49.67, indicating a potential downside of 2.33%. Given Hydro One's stronger consensus rating and higher probable upside, analysts clearly believe Hydro One is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
2 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75
Hydro One
0 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.13

57.4% of Fortis shares are owned by institutional investors. Comparatively, 22.1% 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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Fortis pays an annual dividend of C$2.46 per share and has a dividend yield of 3.7%. Hydro One pays an annual dividend of C$1.26 per share and has a dividend yield of 2.5%. Fortis pays out 73.0% of its earnings in the form of a dividend. Hydro One pays out 66.4% 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 and Fortis both had 2 articles in the media. Fortis' average media sentiment score of 0.85 beat Hydro One's score of -0.11 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hydro One
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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$11.41B2.87C$1.66BC$3.3719.64
Hydro OneC$8.37B3.64C$1.14BC$1.9026.81

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%

Summary

Hydro One beats Fortis on 10 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 {thisCompany.Symbol} 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$32.73BC$17.67BC$16.11BC$5.94B
Dividend Yield3.78%5.51%5.71%6.32%
P/E Ratio19.6411.5920.2729.92
Price / Sales2.8719.1921.92823.31
Price / Cash65.80177.2118.7183.71
Price / Book1.351.772.113.99
Net IncomeC$1.66BC$720.55MC$661.92MC$301.32M
7 Day Performance0.39%0.81%0.77%0.43%
1 Month Performance-1.34%1.41%2.58%6.45%
1 Year Performance21.37%11.38%8.78%17.05%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
0.8446 of 5 stars
C$65.75
-0.6%
C$64.25
-2.3%
+19.4%C$32.53BC$11.41B19.529,600Dividend Announcement
H
Hydro One
0.508 of 5 stars
C$49.81
-2.4%
C$49.67
-0.3%
+26.4%C$29.86BC$8.37B26.2750,000
EMA
Emera
0.5644 of 5 stars
C$60.22
-2.1%
C$59.33
-1.5%
+23.3%C$17.66BC$7.21B23.347,120News Coverage
CUP.U
Caribbean Utilities
N/AC$13.15
-1.1%
C$14.00
+6.5%
-4.9%C$504.57MC$287.75M12.89226News Coverage
Positive News
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21B-40.37N/AHigh Trading Volume
BIP.UN
Brookfield Infrastructure Partners
0.5119 of 5 stars
C$44.72
+0.5%
C$34.00
-24.0%
+9.6%C$20.65BC$19.78B-248.4444,000News Coverage
BEP.UN
Brookfield Renewable Partners
2.4935 of 5 stars
C$32.78
+1.1%
C$40.00
+22.0%
-18.4%C$9.34BC$5.48B-37.68N/APositive News
Dividend Announcement
Insider Trade
CPX
Capital Power
3.6885 of 5 stars
C$53.65
+2.9%
C$63.50
+18.4%
+42.8%C$7.58BC$3.88B12.75737
CU
Canadian Utilities
0.7479 of 5 stars
C$36.67
-1.6%
C$38.60
+5.3%
+18.2%C$7.49BC$2.81B19.819,018
NPI
Northland Power
3.1559 of 5 stars
C$19.74
+2.5%
C$27.21
+37.9%
-16.3%C$5.18BC$2.44B-36.161,150Analyst Upgrade
ACO.X
ATCO
N/AC$49.75
-1.9%
C$52.70
+5.9%
+25.8%C$4.96BC$4.71B14.5520,175

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This page (TSE:FTS) was last updated on 5/23/2025 by MarketBeat.com Staff
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