FTS vs. H, EMA, CUP.U, KWH.UN, BIP.UN, BEP.UN, BEPC, CU, BIPC, 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), Brookfield Renewable (BEPC), Canadian Utilities (CU), Brookfield Infrastructure (BIPC), and Northland Power (NPI). These companies are all part of the "utilities" sector.
Fortis (TSE:FTS) and Hydro One (TSE:H) are both large-cap utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, community ranking, media sentiment, institutional ownership, risk, valuation, profitability and dividends.
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.
Fortis received 235 more outperform votes than Hydro One when rated by MarketBeat users. Likewise, 67.67% of users gave Fortis an outperform vote while only 64.93% of users gave Hydro One an outperform vote.
Fortis pays an annual dividend of C$2.36 per share and has a dividend yield of 4.3%. Hydro One pays an annual dividend of C$1.26 per share and has a dividend yield of 3.2%. Fortis pays out 75.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Hydro One pays out 68.9% of its earnings in the form of a dividend.
58.0% of Fortis shares are held by institutional investors. Comparatively, 21.9% of Hydro One shares are held by institutional investors. 0.0% of Fortis shares are held by insiders. Comparatively, 47.1% of Hydro One shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Fortis has a net margin of 14.11% compared to Hydro One's net margin of 13.81%. Hydro One's return on equity of 9.45% beat Fortis' return on equity.
In the previous week, Hydro One had 3 more articles in the media than Fortis. MarketBeat recorded 6 mentions for Hydro One and 3 mentions for Fortis. Hydro One's average media sentiment score of 0.63 beat Fortis' score of 0.52 indicating that Hydro One is being referred to more favorably in the news media.
Fortis currently has a consensus price target of C$57.38, indicating a potential upside of 5.26%. Hydro One has a consensus price target of C$39.83, indicating a potential upside of 1.46%. Given Fortis' higher probable upside, research analysts clearly believe Fortis is more favorable than Hydro One.
Fortis has a beta of 0.18, indicating that its share price is 82% less volatile than the S&P 500. Comparatively, Hydro One has a beta of 0.29, indicating that its share price is 71% 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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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.
Skip ChartThis 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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