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Fortis (FTS) Competitors

Fortis logo
C$67.34 +0.05 (+0.07%)
As of 04/25/2025 04:00 PM Eastern

FTS vs. H, EMA, CUP.U, KWH.UN, BIP.UN, BEP.UN, CU, CPX, ACO.X, and NPI

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), Canadian Utilities (CU), Capital Power (CPX), ATCO (ACO.X), and Northland Power (NPI). These companies are all part of the "utilities" sector.

Fortis vs.

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

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
FortisC$11.41B2.92C$1.66BC$3.3719.99
Hydro OneC$8.37B3.69C$1.14BC$1.9027.15

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

Fortis received 236 more outperform votes than Hydro One when rated by MarketBeat users. Likewise, 66.27% of users gave Fortis an outperform vote while only 63.66% of users gave Hydro One an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
723
66.27%
Underperform Votes
368
33.73%
Hydro OneOutperform Votes
487
63.66%
Underperform Votes
278
36.34%

Fortis currently has a consensus target price of C$63.14, suggesting a potential downside of 6.24%. Hydro One has a consensus target price of C$46.25, suggesting a potential downside of 10.18%. Given Fortis' higher probable upside, equities analysts plainly believe Fortis is more favorable than Hydro One.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
2 Sell rating(s)
7 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.78
Hydro One
0 Sell rating(s)
7 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Fortis had 4 more articles in the media than Hydro One. MarketBeat recorded 18 mentions for Fortis and 14 mentions for Hydro One. Hydro One's average media sentiment score of 0.72 beat Fortis' score of 0.68 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
3 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Hydro One
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortis pays an annual dividend of C$2.46 per share and has a dividend yield of 3.7%. Hydro One pays an annual dividend of C$1.26 per share and has a dividend yield of 2.4%. Fortis pays out 73.0% of its earnings in the form of a dividend. Hydro One pays out 66.4% 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.

57.4% of Fortis shares are held by institutional investors. Comparatively, 22.1% of Hydro One shares are held by institutional investors. 0.0% of Fortis shares are held by company insiders. Comparatively, 47.1% of Hydro One shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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
Fortis14.53% 7.48% 3.09%
Hydro One 13.59%9.58%3.57%

Summary

Fortis beats Hydro One 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 {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 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$33.31BC$22.81BC$15.77BC$5.63B
Dividend Yield3.78%5.53%5.72%6.83%
P/E Ratio19.9911.6415.6129.57
Price / Sales2.9244.3221.75566.34
Price / Cash65.80153.6918.5383.07
Price / Book1.371.722.013.75
Net IncomeC$1.66BC$1.10BC$667.57MC$300.28M
7 Day Performance0.96%0.88%0.92%2.40%
1 Month Performance5.68%4.65%2.59%-1.43%
1 Year Performance26.15%13.27%10.44%12.80%

Fortis Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
0.7029 of 5 stars
C$67.34
+0.1%
C$63.14
-6.2%
+25.4%C$33.31BC$11.41B19.999,600Analyst Forecast
Analyst Revision
H
Hydro One
0.5093 of 5 stars
C$50.81
-0.6%
C$46.25
-9.0%
+36.1%C$30.46BC$8.37B26.7950,000Analyst Revision
EMA
Emera
0.485 of 5 stars
C$60.95
-0.1%
C$58.55
-3.9%
+33.0%C$17.87BC$7.21B23.627,120Dividend Announcement
Analyst Forecast
Analyst Revision
News Coverage
CUP.U
Caribbean Utilities
1.1546 of 5 stars
C$13.31
+2.4%
C$14.00
+5.2%
-3.3%C$510.71MC$287.75M13.05226News Coverage
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21B-40.37N/AHigh Trading Volume
BIP.UN
Brookfield Infrastructure Partners
0.2839 of 5 stars
C$38.84
+0.5%
C$34.00
-12.5%
+6.9%C$17.93BC$19.78B-215.7844,000Gap Up
BEP.UN
Brookfield Renewable Partners
1.7412 of 5 stars
C$29.81
-0.1%
C$40.00
+34.2%
+7.7%C$8.50BC$5.48B-34.26N/A
CU
Canadian Utilities
0.7779 of 5 stars
C$37.63
+0.1%
C$38.20
+1.5%
+23.2%C$7.69BC$2.81B20.339,018Analyst Revision
News Coverage
CPX
Capital Power
3.9364 of 5 stars
C$46.75
-1.0%
C$62.33
+33.3%
+43.2%C$6.60BC$3.88B11.11737Analyst Forecast
Analyst Revision
News Coverage
ACO.X
ATCO
1.3818 of 5 stars
C$50.14
-0.2%
C$52.30
+4.3%
+33.5%C$5.00BC$4.71B14.6620,175
NPI
Northland Power
3.0003 of 5 stars
C$18.24
-1.1%
C$27.21
+49.2%
-8.8%C$4.79BC$2.44B-33.421,150Analyst Revision
News Coverage

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This page (TSE:FTS) was last updated on 4/26/2025 by MarketBeat.com Staff
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