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ED vs FTS
Which Stock Would AI Choose? Consolidated Edison (ED) vs. Fortis (FTS) Stock Comparison
Key Takeaways
- Consolidated Edison (ED) is a concentrated New York City-area regulated utility, while Fortis (FTS) is a diversified utility spanning Canada, the United States, and the Caribbean.
- Both are defensive, income-oriented names with comparable dividend yields near 3.3%–3.4%, but they differ sharply in geographic diversification and growth catalysts.
- ED is pursuing a grid-modernization and electrification strategy funded partly by a $2 billion equity program, introducing dilution risk.
- FTS carries a 52-year streak of consecutive dividend increases and a roughly 7% annual rate-base growth target through 2030.
- Recent analyst actions diverged: Wells Fargo upgraded ED to Overweight, while UBS and BMO downgraded FTS on valuation and near-term headwinds.
Introduction
Utilities rarely command the spotlight, but for investors seeking steady cash flow, predictable earnings, and defensive positioning, they remain a core allocation. This stock comparison evaluates two prominent North American regulated utilities: Consolidated Edison (ED), the New York City-area energy delivery giant, and Fortis (FTS), a diversified Canadian-headquartered utility operator. Both companies share the regulated utility business model, yet their market positioning, growth drivers, and recent relative performance reveal meaningful contrasts. Traders and long-term investors weighing concentration versus diversification, or evaluating how electrification and data-center demand reshape the utility sector, may find this comparison particularly relevant.
ED Overview and Recent Performance
Consolidated Edison (ED) is a holding company whose primary subsidiary, Con Edison of New York, delivers electricity, natural gas, and steam to millions of customers in New York City and Westchester County. Its revenue base is highly concentrated, with CECONY (Consolidated Edison Company of New York) accounting for roughly 90% of sales. This focus gives the company deep exposure to one of the world's densest energy markets but also leaves it tied to a single regulatory jurisdiction.
In recent market activity, ED has traded as a steady defensive name with a market capitalization near $39 billion and a dividend yield of approximately 3.4%. Recent weeks brought mixed signals: first-quarter results showed revenue of $5.1 billion, up 6.2% year over year and ahead of estimates, while adjusted earnings per share (EPS) of $2.17 missed consensus. Management reaffirmed full-year adjusted EPS guidance of $6.00 to $6.20 and announced a $2 billion at-the-market (ATM) equity offering to fund grid and electrification investment — a move that has prompted investor discussion about potential share dilution. Wells Fargo recently upgraded the stock to Overweight, citing its appeal as a "defensive diversification away from the broader AI trade."
FTS Overview and Recent Performance
Fortis (FTS) is a diversified electric and gas utility operating 9 regulated utilities across Canada, 10 U.S. states, and the Caribbean, serving approximately 3.5 million customers. Its portfolio spans transmission (ITC), Arizona utilities (UNS Energy, TEP), British Columbia gas (FortisBC), and more, spreading regulatory risk across multiple jurisdictions rather than concentrating it in one market.
In recent market activity, FTS has traded around $55 per share on the NYSE, well below its 2026 peak, with a market capitalization near $28 billion and a yield of roughly 3.3%. The pullback reflects a broader reassessment of utilities as bond yields have risen. Operationally, the company remains on pace to invest $5.6 billion in 2026, reported second-quarter EPS of $0.78, and secured an Order in Council supporting an approximately $2 billion Tilbury LNG (liquefied natural gas) expansion in British Columbia. Its 52 consecutive years of dividend increases and 4%–6% annual dividend growth guidance through 2030 remain intact, though analysts at UBS and BMO recently trimmed ratings on valuation and near-term regulatory uncertainty.
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Head-to-Head Comparison
Although both are regulated utilities, ED and FTS represent opposing ends of the diversification spectrum. ED is a concentrated, pure-play bet on New York's electrification and grid-resilience story, targeting mid-8% rate-base growth and a 9.4% allowed ROE (return on equity). Its catalysts are local rate cases and infrastructure spending, funded in part by new equity issuance. FTS spreads its exposure across provinces, states, and countries, with growth drivers that include U.S. transmission projects, Arizona data-center demand, and Canadian LNG expansion.
On valuation, ED trades at a lower price-to-earnings (P/E) ratio of roughly 18, versus about 22 for FTS, partly reflecting ED's equity-dilution overhang. FTS carries regulatory-lag headwinds at UNS and a delayed Arizona rate decision, while ED faces mixed analyst estimates and recent relative underperformance versus the broader market. Dividend durability favors FTS's 52-year streak, though both yields are comparable. Rising bond yields and interest-rate sensitivity weigh on both names, as each funds multi-billion-dollar capital programs with debt.
Tickeron AI Verdict
Based on observable trend consistency, catalyst visibility, and relative positioning, Tickeron's AI would likely assign a modest current edge to FTS. Its diversified regulatory footprint, established 52-year dividend-growth record, and clear multi-year rate-base expansion target provide steadier trend signals than ED's concentrated, dilution-heavy capital strategy. That said, the recent ED upgrade to Overweight and its lower valuation suggest the comparison is closer than a single data point implies. The verdict reflects probabilistic positioning rather than a definitive forecast, and relative momentum could shift with upcoming rate decisions, equity issuance execution, and interest-rate movements.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ED is a Buy and FTS is a Hold.
ED in upward trend: 10-day moving average crossed above 50-day moving average on October 15, 2026
The 10-day moving average for ED crossed bullishly above the 50-day moving average on October 15, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 62%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 06, 2026. You may want to consider a long position or call options on ED as a result. In 39 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 48%.
The Moving Average Convergence Divergence (MACD) for ED just turned positive on October 06, 2026. Looking at past instances where ED's MACD turned positive, the stock continued to rise in 27 of 48 cases over the following month. The odds of a continued upward trend are 56%.
ED moved above its 50-day moving average on October 12, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.59% 3-day Advance, the price is estimated to grow further. Considering data from situations where ED advanced for three days, in 168 of 323 cases, the price rose further within the following month. The odds of a continued upward trend are 52%.
The Aroon Indicator entered an Uptrend today. In 127 of 294 cases where ED Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 43%.
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for ED moved below the 200-day moving average on October 01, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ED declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 43%.
ED broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 9 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 50, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 29 (best 1 - 100 worst), indicating outstanding price growth. ED’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 36 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 51 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.704) is normal, around the industry mean (2.063). P/E Ratio (19.423) is within average values for comparable stocks, (14.957). Projected Growth (PEG Ratio) (2.034) is also within normal values, averaging (1.785). Dividend Yield (0.030) settles around the average of (0.053) among similar stocks. P/S Ratio (2.171) is also within normal values, averaging (187.392).
The Tickeron SMR rating for this company is 75 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
FTS in upward trend: 10-day moving average moved above 50-day moving average on October 21, 2026
The 10-day moving average for FTS crossed bullishly above the 50-day moving average on October 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 20 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 45%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 08, 2026. You may want to consider a long position or call options on FTS as a result. In 33 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 38%.
The Moving Average Convergence Divergence (MACD) for FTS just turned positive on October 07, 2026. Looking at past instances where FTS's MACD turned positive, the stock continued to rise in 18 of 51 cases over the following month. The odds of a continued upward trend are 35%.
FTS moved above its 50-day moving average on October 14, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where FTS advanced for three days, in 127 of 331 cases, the price rose further within the following month. The odds of a continued upward trend are 38%.
The Aroon Indicator entered an Uptrend today. In 95 of 255 cases where FTS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 37%.
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for FTS moved below the 200-day moving average on October 02, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
FTS broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 44 (best 1 - 100 worst), indicating steady price growth. FTS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 46 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 50, placing this stock slightly better than average.
The Tickeron Valuation Rating of 57 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.280) is normal, around the industry mean (2.063). P/E Ratio (17.438) is within average values for comparable stocks, (14.957). Projected Growth (PEG Ratio) (2.505) is also within normal values, averaging (1.785). Dividend Yield (0.031) settles around the average of (0.053) among similar stocks. P/S Ratio (3.076) is also within normal values, averaging (187.392).
The Tickeron PE Growth Rating for this company is 67 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 77 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
ED | FTS | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 87 | 44 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 51 Fair valued | 57 Fair valued | |
PROFIT vs RISK RATING 1..100 | 9 | 46 | |
SMR RATING 1..100 | 75 | 77 | |
PRICE GROWTH RATING 1..100 | 29 | 44 | |
P/E GROWTH RATING 1..100 | 36 | 67 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ED's Valuation (51) in the Electric Utilities industry is in the same range as FTS (57) in the null industry. This means that ED’s stock grew similarly to FTS’s over the last 12 months.
ED's Profit vs Risk Rating (9) in the Electric Utilities industry is somewhat better than the same rating for FTS (46) in the null industry. This means that ED’s stock grew somewhat faster than FTS’s over the last 12 months.
ED's SMR Rating (75) in the Electric Utilities industry is in the same range as FTS (77) in the null industry. This means that ED’s stock grew similarly to FTS’s over the last 12 months.
ED's Price Growth Rating (29) in the Electric Utilities industry is in the same range as FTS (44) in the null industry. This means that ED’s stock grew similarly to FTS’s over the last 12 months.
ED's P/E Growth Rating (36) in the Electric Utilities industry is in the same range as FTS (67) in the null industry. This means that ED’s stock grew similarly to FTS’s over the last 12 months.
| ED | FTS | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 39% | 2 days ago 41% |
| Stochastic ODDS (%) | 2 days ago 47% | 2 days ago 47% |
| Momentum ODDS (%) | 2 days ago 48% | 2 days ago 38% |
| MACD ODDS (%) | 2 days ago 56% | 2 days ago 35% |
| TrendWeek ODDS (%) | 2 days ago 52% | 2 days ago 40% |
| TrendMonth ODDS (%) | 2 days ago 47% | 2 days ago 37% |
| Advances ODDS (%) | 2 days ago 52% | 2 days ago 38% |
| Declines ODDS (%) | 7 days ago 43% | N/A |
| BollingerBands ODDS (%) | 2 days ago 37% | 2 days ago 41% |
| Aroon ODDS (%) | 2 days ago 43% | 2 days ago 37% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
ED’s FA Score shows that 2 FA rating(s) are green while FTS’s FA Score has 0 green FA rating(s).
- ED’s FA Score: 2 green, 3 red.
- FTS’s FA Score: 0 green, 5 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
ED’s TA Score shows that 6 TA indicator(s) are bullish while FTS’s TA Score has 6 bullish TA indicator(s).
- ED’s TA Score: 6 bullish, 5 bearish.
- FTS’s TA Score: 6 bullish, 4 bearish.
Price Growth
ED (@Electric Utilities) experienced а +2.65% price change this week, while FTS (@Electric Utilities) price change was +3.06% for the same time period.
The average weekly price growth across all stocks in the @Electric Utilities industry was -0.09%. For the same industry, the average monthly price growth was +3.30%, and the average quarterly price growth was -8.08%.
Reported Earning Dates
ED is expected to report earnings on Nov 05, 2026.
FTS is expected to report earnings on Nov 03, 2026.
Industries' Descriptions
@Electric Utilities (-0.09% weekly)Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.
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ED and
Correlation & Price change
A.I.dvisor indicates that over the last year, ED has been closely correlated with DUK. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if ED jumps, then DUK could also see price increases.
FTS and
Correlation & Price change
A.I.dvisor indicates that over the last year, FTS has been closely correlated with ED. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTS jumps, then ED could also see price increases.