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Fortis (FTS) Competitors

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$41.98 +0.23 (+0.54%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

FTS vs. EPD, ET, NGG, VST, AEP, TRP, EXC, XEL, CQP, and WES

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

Fortis vs.

Fortis (NYSE:FTS) and Enterprise Products Partners (NYSE:EPD) are both large-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, earnings, community ranking, valuation, profitability, dividends, institutional ownership, analyst recommendations and media sentiment.

Enterprise Products Partners has higher revenue and earnings than Fortis. Enterprise Products Partners 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
Fortis$8.53B2.48$1.17B$2.3817.77
Enterprise Products Partners$49.72B1.47$5.53B$2.6712.59

Fortis pays an annual dividend of $1.89 per share and has a dividend yield of 4.5%. Enterprise Products Partners pays an annual dividend of $2.10 per share and has a dividend yield of 6.2%. Fortis pays out 79.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enterprise Products Partners pays out 78.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enterprise Products Partners has raised its dividend for 28 consecutive years. Enterprise Products Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Enterprise Products Partners has a consensus target price of $34.60, suggesting a potential upside of 2.96%. Given Enterprise Products Partners' stronger consensus rating and higher probable upside, analysts plainly believe Enterprise Products Partners is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33
Enterprise Products Partners
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75

Fortis has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500. Comparatively, Enterprise Products Partners has a beta of 1.09, indicating that its share price is 9% more volatile than the S&P 500.

Enterprise Products Partners received 682 more outperform votes than Fortis when rated by MarketBeat users. Likewise, 80.35% of users gave Enterprise Products Partners an outperform vote while only 52.64% of users gave Fortis an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
279
52.64%
Underperform Votes
251
47.36%
Enterprise Products PartnersOutperform Votes
961
80.35%
Underperform Votes
235
19.65%

57.8% of Fortis shares are owned by institutional investors. Comparatively, 26.1% of Enterprise Products Partners shares are owned by institutional investors. 32.6% of Enterprise Products Partners shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Fortis has a net margin of 14.06% compared to Enterprise Products Partners' net margin of 10.32%. Enterprise Products Partners' return on equity of 20.31% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.06% 7.01% 2.32%
Enterprise Products Partners 10.32%20.31%8.04%

In the previous week, Enterprise Products Partners had 14 more articles in the media than Fortis. MarketBeat recorded 29 mentions for Enterprise Products Partners and 15 mentions for Fortis. Fortis' average media sentiment score of 0.58 beat Enterprise Products Partners' score of 0.46 indicating that Fortis is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortis
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Enterprise Products Partners
10 Very Positive mention(s)
4 Positive mention(s)
9 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Enterprise Products Partners beats Fortis on 17 of the 22 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 {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$21.10B$14.43B$12.74B$19.95B
Dividend Yield4.63%4.58%4.13%3.71%
P/E Ratio17.7613.5593.1241.51
Price / Sales2.489,390.3725.4717.17
Price / Cash8.259.0418.3819.82
Price / Book1.292.662.305.75
Net Income$1.17B$675.56M$634.80M$994.45M
7 Day Performance3.68%1.49%1.43%3.27%
1 Month Performance0.92%3.55%-0.75%2.00%
1 Year Performance4.78%36.56%4.14%19.66%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
3.1263 of 5 stars
$41.98
+0.5%
N/A+1.9%$20.96B$8.53B17.649,600Short Interest ↓
EPD
Enterprise Products Partners
3.7035 of 5 stars
$32.61
+1.4%
$34.60
+6.1%
+25.9%$70.68B$56.64B12.217,500Options Volume
ET
Energy Transfer
3.2729 of 5 stars
$19.56
+0.7%
$20.82
+6.4%
+45.5%$66.97B$83.66B14.3813,786Short Interest ↓
NGG
National Grid
1.962 of 5 stars
$56.44
+0.6%
N/A-13.1%$55.15B$19.32B11.6929,300News Coverage
VST
Vistra
3.2336 of 5 stars
$161.75
-3.0%
$151.50
-6.3%
+342.4%$55.03B$16.27B30.184,870Short Interest ↑
News Coverage
Gap Down
AEP
American Electric Power
4.4713 of 5 stars
$94.52
+1.1%
$98.00
+3.7%
+19.6%$50.30B$19.60B18.9417,250Short Interest ↑
News Coverage
TRP
TC Energy
3.2458 of 5 stars
$46.24
-1.0%
$55.67
+20.4%
+16.8%$48.03B$16.65B12.817,480Analyst Forecast
News Coverage
EXC
Exelon
4.008 of 5 stars
$37.57
+0.7%
$42.38
+12.8%
+10.2%$37.75B$22.92B15.4619,962Short Interest ↑
News Coverage
XEL
Xcel Energy
4.2489 of 5 stars
$63.89
+0.8%
$69.67
+9.0%
+8.7%$36.69B$13.76B18.9611,311Positive News
CQP
Cheniere Energy Partners
1.0288 of 5 stars
$56.14
+0.0%
$50.50
-10.0%
N/A$27.17B$8.93B12.131,605Analyst Forecast
News Coverage
WES
Western Midstream Partners
1.2653 of 5 stars
$40.17
+1.2%
$37.88
-5.7%
+44.7%$15.29B$3.53B10.251,377Positive News

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This page (NYSE:FTS) was last updated on 1/17/2025 by MarketBeat.com Staff
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