FTS vs. CEG, AEP, D, VST, EIX, DTE, ETR, FE, PPL, and ES
Should you be buying Fortis stock or one of its competitors? The main competitors of Fortis include Constellation Energy (CEG), American Electric Power (AEP), Dominion Energy (D), Vistra (VST), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), FirstEnergy (FE), PPL (PPL), and Eversource Energy (ES). These companies are all part of the "electric services" industry.
Fortis (NYSE:FTS) and Constellation Energy (NASDAQ:CEG) are both large-cap utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, community ranking, analyst recommendations, dividends, risk, valuation, earnings and institutional ownership.
In the previous week, Fortis had 5 more articles in the media than Constellation Energy. MarketBeat recorded 8 mentions for Fortis and 3 mentions for Constellation Energy. Constellation Energy's average media sentiment score of 1.08 beat Fortis' score of 0.47 indicating that Constellation Energy is being referred to more favorably in the news media.
Fortis has a net margin of 13.66% compared to Constellation Energy's net margin of 10.25%. Constellation Energy's return on equity of 18.14% beat Fortis' return on equity.
Fortis pays an annual dividend of $1.71 per share and has a dividend yield of 4.3%. Constellation Energy pays an annual dividend of $1.41 per share and has a dividend yield of 0.6%. Fortis pays out 73.7% of its earnings in the form of a dividend. Constellation Energy pays out 18.8% 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.
Fortis currently has a consensus target price of $55.13, indicating a potential upside of 37.85%. Constellation Energy has a consensus target price of $227.50, indicating a potential upside of 4.72%. Given Fortis' higher possible upside, equities research analysts clearly believe Fortis is more favorable than Constellation Energy.
Fortis received 140 more outperform votes than Constellation Energy when rated by MarketBeat users. However, 62.33% of users gave Constellation Energy an outperform vote while only 53.35% of users gave Fortis an outperform vote.
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.
Fortis has a beta of 0.43, indicating that its share price is 57% less volatile than the S&P 500. Comparatively, Constellation Energy has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500.
57.8% of Fortis shares are owned by institutional investors. Comparatively, 82.2% of Constellation Energy 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 stock will outperform the market over the long term.
Summary
Constellation Energy beats Fortis on 15 of the 20 factors compared between the two stocks.
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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.
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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