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Fortis (FTS) Competitors

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C$75.19 -0.61 (-0.80%)
As of 04:24 PM Eastern

FTS vs. H, EMA, CUP.U, KWH.UN, and PWC

Should you buy Fortis stock or one of its competitors? Fortis's main competitors and comparable companies include Hydro One (H), Emera (EMA), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), and 6798 (PWC.TO) (PWC). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electric utilities" industry.

How does Fortis compare to Hydro One?

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

Fortis has a beta of 0.343704, meaning that its stock price is 66% less volatile than the broader market. Comparatively, Hydro One has a beta of 0.226431, meaning that its stock price is 77% less volatile than the broader market.

Hydro One has a net margin of 14.87% compared to Fortis' net margin of 14.72%. Hydro One's return on equity of 11.08% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.72% 7.43% 3.09%
Hydro One 14.87%11.08%3.57%

Fortis pays an annual dividend of C$2.54 per share and has a dividend yield of 3.4%. Hydro One pays an annual dividend of C$1.35 per share and has a dividend yield of 2.6%. Fortis pays out 74.6% of its earnings in the form of a dividend. Hydro One pays out 57.3% 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$12.35B3.11C$1.66BC$3.4022.11
Hydro OneC$9.52B3.22C$1.14BC$2.3621.67

Fortis presently has a consensus price target of C$79.86, indicating a potential upside of 6.22%. Hydro One has a consensus price target of C$57.27, indicating a potential upside of 11.99%. 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
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Hydro One
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

34.5% of Fortis shares are owned by institutional investors. Comparatively, 23.1% 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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Fortis had 1 more articles in the media than Hydro One. MarketBeat recorded 5 mentions for Fortis and 4 mentions for Hydro One. Hydro One's average media sentiment score of -0.23 beat Fortis' score of -0.61 indicating that Hydro One is being referred to more favorably in the news media.

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

Summary

Fortis beats Hydro One on 10 of the 18 factors compared between the two stocks.

How does Fortis compare to Emera?

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

In the previous week, Emera had 3 more articles in the media than Fortis. MarketBeat recorded 8 mentions for Emera and 5 mentions for Fortis. Emera's average media sentiment score of 0.18 beat Fortis' score of -0.61 indicating that Emera is being referred to more favorably in the news media.

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

Fortis pays an annual dividend of C$2.54 per share and has a dividend yield of 3.4%. Emera pays an annual dividend of C$2.92 per share and has a dividend yield of 4.3%. Fortis pays out 74.6% of its earnings in the form of a dividend. Emera pays out 92.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$12.35B3.11C$1.66BC$3.4022.11
EmeraC$8.94B2.33C$757.30MC$3.1521.59

Fortis has a beta of 0.343704, indicating that its stock price is 66% less volatile than the broader market. Comparatively, Emera has a beta of 0.465889, indicating that its stock price is 53% less volatile than the broader market.

Fortis currently has a consensus target price of C$79.86, indicating a potential upside of 6.22%. Emera has a consensus target price of C$76.67, indicating a potential upside of 12.71%. Given Emera's stronger consensus rating and higher probable upside, analysts clearly believe Emera 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Emera
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

Fortis has a net margin of 14.72% compared to Emera's net margin of 12.85%. Emera's return on equity of 7.51% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.72% 7.43% 3.09%
Emera 12.85%7.51%2.30%

34.5% of Fortis shares are held by institutional investors. Comparatively, 36.4% of Emera shares are held by institutional investors. 0.0% of Fortis shares are held by insiders. Comparatively, 0.1% of Emera shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Emera beats Fortis on 10 of the 18 factors compared between the two stocks.

How does Fortis compare to Caribbean Utilities?

Fortis (TSE:FTS) and Caribbean Utilities (TSE:CUP.U) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, valuation, profitability, earnings, dividends and risk.

Fortis has a net margin of 14.72% compared to Caribbean Utilities' net margin of 13.81%. Caribbean Utilities' return on equity of 12.40% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.72% 7.43% 3.09%
Caribbean Utilities 13.81%12.40%3.13%

Fortis pays an annual dividend of C$2.54 per share and has a dividend yield of 3.4%. Caribbean Utilities pays an annual dividend of C$0.77 per share and has a dividend yield of 5.3%. Fortis pays out 74.6% of its earnings in the form of a dividend. Caribbean Utilities pays out 65.8% 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. Caribbean Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Fortis had 3 more articles in the media than Caribbean Utilities. MarketBeat recorded 5 mentions for Fortis and 2 mentions for Caribbean Utilities. Caribbean Utilities' average media sentiment score of 0.64 beat Fortis' score of -0.61 indicating that Caribbean Utilities is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
2 Very Negative mention(s)
Negative
Caribbean Utilities
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortis presently has a consensus price target of C$79.86, indicating a potential upside of 6.22%. Given Fortis' stronger consensus rating and higher probable upside, research analysts clearly believe Fortis is more favorable than Caribbean Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Caribbean Utilities
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Fortis has a beta of 0.343704, indicating that its share price is 66% less volatile than the broader market. Comparatively, Caribbean Utilities has a beta of 0.261043, indicating that its share price is 74% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$12.35B3.11C$1.66BC$3.4022.11
Caribbean UtilitiesC$290.13M2.14C$38.76MC$1.1712.39

34.5% of Fortis shares are owned by institutional investors. Comparatively, 0.1% of Caribbean Utilities shares are owned by institutional investors. 0.0% of Fortis shares are owned by company insiders. Comparatively, 58.3% of Caribbean Utilities shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Fortis beats Caribbean Utilities on 12 of the 18 factors compared between the two stocks.

How does Fortis compare to Crius Energy Unt?

Fortis (TSE:FTS) and Crius Energy Unt (TSE:KWH.UN) are both utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, media sentiment, earnings, risk and valuation.

34.5% of Fortis shares are held by institutional investors. 0.0% of Fortis shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Fortis has a net margin of 14.72% compared to Crius Energy Unt's net margin of 0.00%. Fortis' return on equity of 7.43% beat Crius Energy Unt's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.72% 7.43% 3.09%
Crius Energy Unt N/A N/A N/A

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$12.35B3.11C$1.66BC$3.4022.11
Crius Energy UntC$1.21B0.00-C$12.34M-C$0.22N/A

Fortis currently has a consensus target price of C$79.86, indicating a potential upside of 6.22%. Given Fortis' stronger consensus rating and higher probable upside, analysts plainly believe Fortis is more favorable than Crius Energy Unt.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Crius Energy Unt
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Fortis had 5 more articles in the media than Crius Energy Unt. MarketBeat recorded 5 mentions for Fortis and 0 mentions for Crius Energy Unt. Crius Energy Unt's average media sentiment score of 0.00 beat Fortis' score of -0.61 indicating that Crius Energy Unt is being referred to more favorably in the news media.

Company Overall Sentiment
Fortis Negative
Crius Energy Unt Neutral

Fortis pays an annual dividend of C$2.54 per share and has a dividend yield of 3.4%. Crius Energy Unt pays an annual dividend of C$0.64 per share. Fortis pays out 74.6% of its earnings in the form of a dividend. Crius Energy Unt pays out -291.6% 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.

Summary

Fortis beats Crius Energy Unt on 14 of the 16 factors compared between the two stocks.

How does Fortis compare to 6798 (PWC.TO)?

6798 (PWC.TO) (TSE:PWC) and Fortis (TSE:FTS) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, institutional ownership, media sentiment, valuation, earnings, dividends, analyst recommendations and risk.

Fortis has a net margin of 14.72% compared to 6798 (PWC.TO)'s net margin of 0.00%. Fortis' return on equity of 7.43% beat 6798 (PWC.TO)'s return on equity.

Company Net Margins Return on Equity Return on Assets
6798 (PWC.TO)N/A N/A N/A
Fortis 14.72%7.43%3.09%

Fortis has a consensus target price of C$79.86, suggesting a potential upside of 6.22%. Given Fortis' stronger consensus rating and higher possible upside, analysts clearly believe Fortis is more favorable than 6798 (PWC.TO).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
6798 (PWC.TO)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Fortis
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

34.5% of Fortis shares are held by institutional investors. 0.0% of Fortis shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Fortis had 5 more articles in the media than 6798 (PWC.TO). MarketBeat recorded 5 mentions for Fortis and 0 mentions for 6798 (PWC.TO). 6798 (PWC.TO)'s average media sentiment score of 0.00 beat Fortis' score of -0.61 indicating that 6798 (PWC.TO) is being referred to more favorably in the media.

Company Overall Sentiment
6798 (PWC.TO) Neutral
Fortis Negative

Fortis has higher revenue and earnings than 6798 (PWC.TO).

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
6798 (PWC.TO)N/AN/AN/AN/AN/A
FortisC$12.35B3.11C$1.66BC$3.4022.11

6798 (PWC.TO) pays an annual dividend of C$1.94 per share. Fortis pays an annual dividend of C$2.54 per share and has a dividend yield of 3.4%. Fortis pays out 74.6% of its earnings in the form of a dividend.

Summary

Fortis beats 6798 (PWC.TO) on 11 of the 13 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

MetricFortisElectric Utilities IndustryUtilities SectorTSE Exchange
Market CapC$38.41BC$27.38BC$15.36BC$12.56B
Dividend Yield3.38%4.08%4.04%6.28%
P/E Ratio22.1115.6924.1240.36
Price / Sales3.11509.73260.069.35
Price / Cash65.8027.6418.5082.29
Price / Book1.401.632.114.69
Net IncomeC$1.66BC$1.60BC$701.43MC$299.09M
7 Day Performance-0.32%-0.98%-0.90%1.06%
1 Month Performance-0.53%-2.40%-2.86%-2.36%
1 Year Performance10.18%9.58%5.02%20.59%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
2.2895 of 5 stars
C$75.19
-0.8%
C$79.86
+6.2%
+11.5%C$38.41BC$12.35B22.119,900
H
Hydro One
1.7061 of 5 stars
C$51.13
+0.3%
C$57.09
+11.7%
+5.6%C$30.59BC$9.52B21.6750,000
EMA
Emera
2.9423 of 5 stars
C$68.17
0.0%
C$76.67
+12.5%
+6.5%C$20.94BC$8.94B21.647,812
CUP.U
Caribbean Utilities
N/AC$14.50
flat
N/A+4.7%C$621.01MC$290.13M12.39226
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21BN/AN/A

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This page (TSE:FTS) was last updated on 9/23/2026 by MarketBeat.com Staff.
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