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Fortis (FTS) Competitors

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C$64.59 -0.02 (-0.03%)
As of 01:45 PM 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. 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 companies based on the strength of their institutional ownership, earnings, risk, dividends, media sentiment, valuation, analyst recommendations and profitability.

In the previous week, Fortis had 5 more articles in the media than Hydro One. MarketBeat recorded 7 mentions for Fortis and 2 mentions for Hydro One. Fortis' average media sentiment score of 0.29 beat Hydro One's score of -0.13 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)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Fortis
1 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 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 target price of C$49.90, indicating a potential upside of 1.40%. Fortis has a consensus target price of C$65.14, indicating a potential upside of 0.85%. Given Hydro One's stronger consensus rating and higher possible 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
2 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.00

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.

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$8.37B3.53C$1.14BC$1.9025.95
FortisC$11.41B2.80C$1.66BC$3.3719.17

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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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

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 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$31.95BC$19.90BC$15.78BC$6.24B
Dividend Yield3.78%5.48%5.62%6.72%
P/E Ratio19.1711.9620.1553.02
Price / Sales2.8039.52149.291,211.94
Price / Cash65.80135.4019.1983.29
Price / Book1.311.622.154.70
Net IncomeC$1.66BC$982.11MC$751.12MC$301.20M
7 Day Performance0.89%-0.58%12.73%1.35%
1 Month Performance-1.31%-0.85%22.82%4.52%
1 Year Performance18.60%9.69%145.56%26.03%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
1.612 of 5 stars
C$64.59
0.0%
C$65.14
+0.8%
+18.6%C$31.95BC$11.41B19.179,600
H
Hydro One
1.4279 of 5 stars
C$49.40
+1.1%
C$49.90
+1.0%
+22.1%C$29.62BC$8.37B26.0550,000
EMA
Emera
1.4019 of 5 stars
C$62.25
+0.3%
C$60.58
-2.7%
+35.6%C$18.25BC$7.21B24.137,120Dividend Announcement
CUP.U
Caribbean Utilities
N/AC$13.05
+0.3%
N/A-8.4%C$500.73MC$287.75M12.79226
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21B-40.37N/AHigh Trading Volume
BIP.UN
Brookfield Infrastructure Partners
0.2042 of 5 stars
C$45.40
-1.3%
C$34.00
-25.1%
+4.9%C$20.96BC$19.78B-252.2244,000
BEP.UN
Brookfield Renewable Partners
N/AC$36.23
+0.5%
N/A-6.2%C$10.33BC$5.48B-41.64N/A
CPX
Capital Power
3.9995 of 5 stars
C$55.05
+1.1%
C$63.11
+14.6%
+36.6%C$7.78BC$3.88B13.08737News Coverage
CU
Canadian Utilities
0.9911 of 5 stars
C$37.65
+0.1%
C$38.83
+3.1%
+24.0%C$7.69BC$2.81B20.349,018Dividend Increase
NPI
Northland Power
2.2096 of 5 stars
C$22.70
+0.9%
C$27.08
+19.3%
-7.3%C$5.96BC$2.44B-41.591,150Positive News
Gap Up
ACO.X
ATCO
0.7413 of 5 stars
C$50.27
-0.5%
C$53.25
+5.9%
+25.6%C$5.01BC$4.71B14.7020,175

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This page (TSE:FTS) was last updated on 7/14/2025 by MarketBeat.com Staff
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