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Fortis (FTS) Competitors

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C$67.62 +0.10 (+0.15%)
As of 01:48 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

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

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
Hydro OneC$8.76B3.32C$1.14BC$2.0923.22
FortisC$11.87B2.87C$1.66BC$3.4019.92

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
Hydro One13.59% 9.58% 3.57%
Fortis 14.53%7.48%3.09%

In the previous week, Fortis had 6 more articles in the media than Hydro One. MarketBeat recorded 9 mentions for Fortis and 3 mentions for Hydro One. Hydro One's average media sentiment score of 0.65 beat Fortis' score of 0.58 indicating that Hydro One is being referred to more favorably in the media.

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

Hydro One has a beta of 0.371333, meaning that its share price is 63% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.38211, meaning that its share price is 62% less volatile than the S&P 500.

Hydro One pays an annual dividend of C$1.28 per share and has a dividend yield of 2.6%. Fortis pays an annual dividend of C$2.44 per share and has a dividend yield of 3.6%. Hydro One pays out 61.0% of its earnings in the form of a dividend. Fortis pays out 71.6% 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.

Hydro One currently has a consensus price target of C$51.00, indicating a potential upside of 5.11%. Fortis has a consensus price target of C$69.80, indicating a potential upside of 3.07%. Given Hydro One's 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
Hydro One
0 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.11
Fortis
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.33

21.5% of Hydro One shares are owned by institutional investors. Comparatively, 31.8% of Fortis shares are owned by institutional investors. 47.1% of Hydro One shares are owned by company insiders. Comparatively, 0.0% of Fortis shares are owned by company 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.

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$34.10BC$20.30BC$16.30BC$9.44B
Dividend Yield3.65%5.36%4.69%6.50%
P/E Ratio19.9263.9352.0125.82
Price / Sales2.8738.6831.109.44
Price / Cash65.80135.4319.1483.29
Price / Book1.381.642.225.55
Net IncomeC$1.66BC$982.11MC$752.30MC$301.20M
7 Day Performance-0.51%-0.32%0.51%0.64%
1 Month Performance-3.02%-2.38%1.49%8.15%
1 Year Performance10.74%5.60%252.55%36.85%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
2.0218 of 5 stars
C$67.62
+0.1%
C$69.80
+3.2%
+9.5%C$34.05BC$11.87B19.899,600News Coverage
Positive News
Analyst Forecast
H
Hydro One
1.6521 of 5 stars
C$49.48
-1.0%
C$51.00
+3.1%
+1.5%C$29.68BC$8.76B23.6750,000High Trading Volume
EMA
Emera
1.4209 of 5 stars
C$64.43
-0.6%
C$64.33
-0.2%
+20.1%C$19.28BC$8.23B21.847,120
CUP.U
Caribbean Utilities
N/AC$13.30
-0.4%
N/A-7.4%C$565.54MC$286.72M11.98226Positive 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
N/AC$42.90
+1.5%
N/A-5.9%C$19.92BC$21.54B858.0044,000
CU
Canadian Utilities
1.4251 of 5 stars
C$38.21
+0.4%
C$39.75
+4.0%
+4.8%C$10.39BC$3.72B23.309,018
BEP.UN
Brookfield Renewable Partners
0.9669 of 5 stars
C$34.58
+0.5%
C$42.00
+21.5%
-2.5%C$9.81BC$6.17B-36.02N/A
CPX
Capital Power
2.1632 of 5 stars
C$56.48
-0.8%
C$65.78
+16.5%
+26.3%C$8.76BC$3.31B18.10737Positive News
BEPC
Brookfield Renewable
N/AC$46.13
+0.3%
N/A+13.9%C$8.29BC$3.89B-6.291,890
BIPC
Brookfield Infrastructure
N/AC$56.07
+1.3%
N/A-1.5%C$6.67BC$3.65B-5.731,700

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This page (TSE:FTS) was last updated on 9/18/2025 by MarketBeat.com Staff
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