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Fortis (FTS) Competitors

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$44.17 -0.11 (-0.25%)
(As of 11/15/2024 ET)

FTS vs. CEG, EPD, ET, TRP, AEP, VST, XEL, EXC, CQP, and LNT

Should you be buying Fortis stock or one of its competitors? The main competitors of Fortis include Constellation Energy (CEG), Enterprise Products Partners (EPD), Energy Transfer (ET), TC Energy (TRP), American Electric Power (AEP), Vistra (VST), Xcel Energy (XEL), Exelon (EXC), Cheniere Energy Partners (CQP), and Alliant Energy (LNT). These companies are all part of the "utilities" industry.

Fortis vs.

Constellation Energy (NASDAQ:CEG) and Fortis (NYSE:FTS) are both large-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, media sentiment, institutional ownership, community ranking, profitability, earnings and risk.

Fortis has a net margin of 14.06% compared to Constellation Energy's net margin of 11.93%. Constellation Energy's return on equity of 16.26% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Constellation Energy11.93% 16.26% 3.76%
Fortis 14.06%7.03%2.33%

Constellation Energy presently has a consensus target price of $280.36, suggesting a potential upside of 25.00%. Given Constellation Energy's stronger consensus rating and higher probable upside, analysts plainly believe Constellation Energy is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Constellation Energy
0 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.56
Fortis
3 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.25

82.2% of Constellation Energy shares are owned by institutional investors. Comparatively, 57.8% of Fortis shares are owned by institutional investors. 0.2% of Constellation Energy 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.

Constellation Energy has a beta of 0.74, meaning that its share price is 26% less volatile than the S&P 500. Comparatively, Fortis has a beta of 0.47, meaning that its share price is 53% less volatile than the S&P 500.

Fortis received 119 more outperform votes than Constellation Energy when rated by MarketBeat users. However, 62.75% of users gave Constellation Energy an outperform vote while only 52.64% of users gave Fortis an outperform vote.

CompanyUnderperformOutperform
Constellation EnergyOutperform Votes
160
62.75%
Underperform Votes
95
37.25%
FortisOutperform Votes
279
52.64%
Underperform Votes
251
47.36%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Constellation Energy$23.98B2.93$1.62B$9.0724.73
Fortis$8.53B2.57$1.17B$2.3818.56

In the previous week, Constellation Energy had 1 more articles in the media than Fortis. MarketBeat recorded 9 mentions for Constellation Energy and 8 mentions for Fortis. Constellation Energy's average media sentiment score of 1.10 beat Fortis' score of 0.33 indicating that Constellation Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Constellation Energy
5 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortis
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Constellation Energy pays an annual dividend of $1.41 per share and has a dividend yield of 0.6%. Fortis pays an annual dividend of $1.71 per share and has a dividend yield of 3.9%. Constellation Energy pays out 15.5% of its earnings in the form of a dividend. Fortis pays out 71.8% 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.

Summary

Constellation Energy beats Fortis on 17 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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 NYSE 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 services IndustryUtilities SectorNYSE Exchange
Market Cap$21.97B$13.82B$12.57B$19.82B
Dividend Yield3.89%4.45%4.10%3.50%
P/E Ratio18.5616.02102.2741.68
Price / Sales2.578,788.7627.2419.76
Price / Cash8.908.8018.3821.65
Price / Book1.351.922.274.66
Net Income$1.17B$666.33M$618.19M$983.45M
7 Day Performance-0.02%-0.72%-0.26%-2.12%
1 Month Performance-1.56%-0.59%-1.36%-0.47%
1 Year Performance7.63%24.67%10.28%24.69%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
2.6336 of 5 stars
$44.17
-0.2%
N/A+7.6%$21.97B$8.53B18.569,600Short Interest ↑
High Trading Volume
CEG
Constellation Energy
4.4358 of 5 stars
$228.70
-3.6%
N/A+84.3%$74.21B$24.92B25.2213,871Positive News
EPD
Enterprise Products Partners
2.8837 of 5 stars
$30.42
-0.5%
N/A+19.6%$66.26B$49.72B11.397,500Short Interest ↑
ET
Energy Transfer
4.3219 of 5 stars
$17.03
-1.2%
N/A+31.2%$59.03B$78.59B12.5213,786Short Interest ↓
TRP
TC Energy
3.5326 of 5 stars
$48.35
-2.5%
N/A+35.6%$51.47B$11.80B13.397,415Options Volume
Positive News
AEP
American Electric Power
4.3839 of 5 stars
$92.96
-1.6%
N/A+24.5%$50.29B$19B18.6317,250Short Interest ↑
VST
Vistra
4.2666 of 5 stars
$142.15
-2.5%
N/A+309.1%$49.60B$14.78B26.524,870Buyback Announcement
News Coverage
Positive News
XEL
Xcel Energy
4.2292 of 5 stars
$68.61
-0.1%
N/A+14.4%$39.42B$14.21B20.3611,311Positive News
EXC
Exelon
4.6832 of 5 stars
$38.16
-0.6%
N/A-0.9%$38.59B$21.73B15.7019,962Positive News
CQP
Cheniere Energy Partners
1.3919 of 5 stars
$49.80
-1.2%
N/AN/A$24.39B$9.66B10.761,605Short Interest ↓
Positive News
LNT
Alliant Energy
4.4174 of 5 stars
$59.93
+0.0%
N/A+23.2%$15.38B$4.03B23.233,281Positive News

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This page (NYSE:FTS) was last updated on 11/17/2024 by MarketBeat.com Staff
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