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Fortis (FTS) Competitors

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C$68.21 -0.74 (-1.07%)
As of 04:17 PM Eastern

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

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 TransAlta (TA). 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 compare the two businesses based on the strength of their institutional ownership, earnings, risk, media sentiment, profitability, dividends, analyst recommendations and valuation.

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 company insiders. Comparatively, 47.1% of Hydro One 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.

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%

Fortis presently has a consensus target price of C$68.82, indicating a potential upside of 0.89%. Hydro One has a consensus target price of C$51.00, indicating a potential upside of 2.14%. Given Hydro One's higher possible upside, analysts plainly 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)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.20
Hydro One
0 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.11

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

Fortis pays an annual dividend of C$2.46 per share and has a dividend yield of 3.6%. 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 had 2 more articles in the media than Hydro One. MarketBeat recorded 4 mentions for Fortis and 2 mentions for Hydro One. Fortis' average media sentiment score of 0.63 beat Hydro One's score of 0.01 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)
3 Positive mention(s)
1 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 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$11.41B2.96C$1.66BC$3.3720.25
Hydro OneC$8.37B3.58C$1.14BC$1.9026.33

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$33.74BC$20.49BC$16.37BC$6.40B
Dividend Yield3.78%5.46%5.48%6.72%
P/E Ratio20.2512.1215.3166.88
Price / Sales2.9640.26371.081,650.19
Price / Cash65.80135.4619.1583.29
Price / Book1.391.652.165.33
Net IncomeC$1.66BC$982.11MC$751.26MC$301.20M
7 Day Performance-3.40%-0.54%0.19%4.06%
1 Month Performance2.69%1.15%0.47%4.78%
1 Year Performance15.59%7.58%332.21%32.70%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
1.431 of 5 stars
C$68.21
-1.1%
C$68.82
+0.9%
+17.0%C$33.74BC$11.41B20.259,600
H
Hydro One
0.6222 of 5 stars
C$50.79
-0.2%
C$51.00
+0.4%
+12.4%C$30.45BC$8.37B26.7850,000
EMA
Emera
1.449 of 5 stars
C$65.94
-0.3%
C$64.33
-2.4%
+29.8%C$19.33BC$7.21B25.567,120
CUP.U
Caribbean Utilities
N/AC$15.99
+18.4%
N/A-5.4%C$613.54MC$287.75M15.68226News Coverage
Gap Down
High Trading Volume
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$41.24
+0.2%
C$34.00
-17.6%
-2.6%C$19.04BC$19.78B-229.1144,000News Coverage
BEP.UN
Brookfield Renewable Partners
0.9212 of 5 stars
C$34.35
+1.1%
C$42.00
+22.3%
+3.8%C$9.79BC$5.48B-39.48N/ADividend Announcement
CPX
Capital Power
2.7174 of 5 stars
C$61.22
+1.9%
C$65.78
+7.4%
+25.6%C$8.65BC$3.88B14.55737Positive News
CU
Canadian Utilities
0.7694 of 5 stars
C$38.11
-0.3%
C$38.83
+1.9%
+13.8%C$7.79BC$2.81B20.599,018
NPI
Northland Power
2.671 of 5 stars
C$22.50
+2.6%
C$27.08
+20.4%
+1.4%C$5.90BC$2.44B-41.221,150News Coverage
Positive News
Gap Down
TA
TransAlta
3.0834 of 5 stars
C$17.28
+1.4%
C$19.22
+11.2%
+37.6%C$5.19BC$2.83B24.631,257News Coverage

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This page (TSE:FTS) was last updated on 8/28/2025 by MarketBeat.com Staff
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