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Fortis (FTS) Competitors

Fortis logo
C$65.13 +0.37 (+0.57%)
As of 02:36 PM Eastern

FTS vs. H, EMA, CUP.U, KWH.UN, BIP.UN, BEP.UN, CU, CPX, 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), Canadian Utilities (CU), Capital Power (CPX), Northland Power (NPI), and ATCO (ACO.X). 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 business? We will contrast the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, community ranking, risk, profitability, dividends, media sentiment and valuation.

Hydro One pays an annual dividend of C$1.26 per share and has a dividend yield of 2.6%. Fortis pays an annual dividend of C$2.46 per share and has a dividend yield of 3.8%. Hydro One pays out 66.4% of its earnings in the form of a dividend. Fortis pays out 73.0% 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.

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

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

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$8.37B3.50C$1.14BC$1.9025.79
FortisC$11.41B2.82C$1.66BC$3.3719.30

22.1% of Hydro One shares are owned by institutional investors. Comparatively, 57.4% 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 endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, Hydro One had 5 more articles in the media than Fortis. MarketBeat recorded 8 mentions for Hydro One and 3 mentions for Fortis. Fortis' average media sentiment score of 0.48 beat Hydro One's score of 0.21 indicating that Fortis is being referred to more favorably in the news media.

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

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%

Hydro One currently has a consensus price target of C$49.67, indicating a potential upside of 1.57%. Fortis has a consensus price target of C$64.25, indicating a potential downside of 1.17%. Given Hydro One's stronger consensus rating and higher probable upside, equities research 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)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.13
Fortis
2 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

Summary

Hydro One beats Fortis on 11 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 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$32.16BC$22.22BC$16.30BC$6.07B
Dividend Yield3.78%5.53%5.66%6.72%
P/E Ratio19.3011.9321.4036.84
Price / Sales2.8245.1328.72975.69
Price / Cash65.80153.6918.6883.29
Price / Book1.321.692.164.27
Net IncomeC$1.66BC$1.10BC$674.16MC$301.20M
7 Day Performance-1.01%-0.65%0.76%1.91%
1 Month Performance-0.55%-0.02%4.57%6.42%
1 Year Performance20.19%11.50%11.55%23.17%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
0.8411 of 5 stars
C$65.13
+0.6%
C$64.25
-1.4%
+18.7%C$32.22BC$11.41B19.339,600
H
Hydro One
0.5682 of 5 stars
C$50.77
+0.5%
C$49.67
-2.2%
+20.0%C$30.44BC$8.37B26.7750,000News Coverage
Dividend Increase
EMA
Emera
0.6654 of 5 stars
C$62.43
-0.8%
C$59.82
-4.2%
+28.6%C$18.31BC$7.21B24.207,120
CUP.U
Caribbean Utilities
N/AC$13.22
-1.0%
N/A-4.8%C$507.25MC$287.75M12.96226
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21B-40.37N/AHigh Trading Volume
BIP.UN
Brookfield Infrastructure Partners
0.4783 of 5 stars
C$45.49
+0.1%
C$34.00
-25.3%
+20.0%C$21.00BC$19.78B-252.7244,000
BEP.UN
Brookfield Renewable Partners
N/AC$32.47
-0.4%
C$40.00
+23.2%
-1.5%C$9.26BC$5.48B-37.32N/AGap Up
CU
Canadian Utilities
1.0792 of 5 stars
C$38.40
+0.1%
C$38.60
+0.5%
+21.3%C$7.85BC$2.81B20.759,018News Coverage
CPX
Capital Power
3.2233 of 5 stars
C$54.98
-0.1%
C$63.50
+15.5%
+34.2%C$7.77BC$3.88B13.06737
NPI
Northland Power
3.6533 of 5 stars
C$20.22
-1.2%
C$27.36
+35.3%
-13.7%C$5.30BC$2.44B-37.041,150News Coverage
Analyst Revision
ACO.X
ATCO
1.6633 of 5 stars
C$51.64
+0.3%
C$52.70
+2.1%
+26.8%C$5.15BC$4.71B15.1020,175News Coverage
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This page (TSE:FTS) was last updated on 6/12/2025 by MarketBeat.com Staff
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