ITC Holdings Corp. Company Profile (NYSE:ITC)

Analyst Ratings

Consensus Ratings for ITC Holdings Corp. (NYSE:ITC) (?)
Ratings Breakdown: 7 Hold Rating(s), 3 Buy Rating(s)
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $39.80 (13.14% downside)

Analysts' Ratings History for ITC Holdings Corp. (NYSE:ITC)
Show:
DateFirmActionRatingPrice TargetActions
4/18/2016Deutsche Bank AGReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/26/2016GabelliDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2016JPMorgan Chase & Co.Boost Price TargetNeutral$37.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2016WunderlichLower Price TargetBuy$45.00 -> $44.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/9/2016Robert W. BairdUpgradeBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/2/2015ArgusDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/20/2015Citigroup Inc.Initiated CoverageBuy$36.00 -> $36.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/6/2015Barclays PLCLower Price TargetEqual Weight$38.00 -> $36.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/13/2015Goldman Sachs Group Inc.Initiated CoverageSell$34.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/27/2014Morgan StanleyReiterated RatingOverweight$40.00 -> $50.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/17/2014Credit Suisse Group AGUpgradeUnderperform -> Neutral$34.50 -> $36.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/13/2014Leerink SwannInitiated CoverageOutperform$34.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/27/2014 forward)

Earnings

Earnings History for ITC Holdings Corp. (NYSE:ITC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016Q216$0.56$313.00 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2016Q116$0.50$0.55$282.53 million$280.13 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2016Q415$0.56$0.57$320.52 million$224.03 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Q315$0.53$0.53$305.16 million$273.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2015Q215$0.52$0.52$284.75 million$275.05 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015Q115$0.48$0.47$283.07 million$272.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2015Q414$0.50$0.48$281.86 million$231.09 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2014Q314$0.47$0.47$273.90 million$270.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2014Q214$0.45$0.46$265.01 million$263.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2014Q114$0.43$0.44$250.79 million$258.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014Q413$1.28$1.32$265.79 million$255.36 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013Q313$1.27$1.26$245.82 million$238.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2013Q2 2013$1.20$1.20$240.02 million$229.82 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2013Q1 2013$1.13$1.12$232.60 million$217.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2013Q4 2012$1.08$1.09$235.67 million$221.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2012$1.02$0.98ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2012$1.00$1.05ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ITC Holdings Corp. (NYSE:ITC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.49$0.49$0.49
Q2 20161$0.54$0.54$0.54
Q4 20161$0.55$0.55$0.55
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ITC Holdings Corp. (NYSE:ITC)
Annual Dividend:$0.75
Dividend Yield:1.64%
Payout Ratio:48.70% (Based on Trailing 12 Months of Earnings)
35.55% (Based on Current Year Consensus EPS Estimate)
33.94% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:1.70% (3 Year Average)

Dividend History for ITC Holdings Corp. (NYSE:ITC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/20/2016quarterly$0.191.69%5/27/20166/1/20166/15/2016Tweet This Announcement  Share This Announcement on StockTwits
2/5/2016quarterly$0.191.91%2/26/20163/1/20163/15/2016Tweet This Announcement  Share This Announcement on StockTwits
11/19/2015quarterly$0.192.34%11/27/201512/1/201512/15/2015Tweet This Announcement  Share This Announcement on StockTwits
8/20/2015quarterly$0.192.12%8/28/20159/1/20159/15/2015Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015quarterly$0.161.81%5/28/20156/1/20156/15/2015Tweet This Announcement  Share This Announcement on StockTwits
2/5/2015quarterly$0.161.53%2/26/20153/2/20153/16/2015Tweet This Announcement  Share This Announcement on StockTwits
8/13/2014quarterly$0.161.78%8/28/20149/2/20149/15/2014Tweet This Announcement  Share This Announcement on StockTwits
5/21/2014quarterly$0.141.54%5/29/20146/2/20146/16/2014Tweet This Announcement  Share This Announcement on StockTwits
2/6/2014quarterly$0.141.7%3/6/20143/10/20143/19/2014Tweet This Announcement  Share This Announcement on StockTwits
11/13/2013quarterly$0.431.81%11/27/201312/2/201312/16/2013Tweet This Announcement  Share This Announcement on StockTwits
8/14/2013quarterly$0.431.93%8/29/20139/3/20139/16/2013Tweet This Announcement  Share This Announcement on StockTwits
5/16/2013quarterly$0.381.69%5/30/20136/3/20136/17/2013Tweet This Announcement  Share This Announcement on StockTwits
2/14/2013quarterly$0.381.87%2/27/20133/1/20133/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for ITC Holdings Corp. (NYSE:ITC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/27/2016Soneral Christine MasonSVPSell8,616$44.54$383,756.64View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Albert ErnstDirectorBuy24$44.05$1,057.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Linda H BlairEVPSell27,246$44.36$1,208,632.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2016Joseph L WelchCEOSell23,274$43.91$1,021,961.34View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2016Soneral Christine MasonSVPSell23,688$44.12$1,045,114.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/29/2016Albert ErnstDirectorBuy121$40.67$4,921.07View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2014Jon E JippingCOOSell19,086$37.75$720,496.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/28/2014Jon E JippingCOOSell7,311$37.50$274,162.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2014Jon E JippingCOOSell29,898$37.50$1,121,175.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/18/2014Cameron M BreadyCFOSell79,575$37.29$2,967,351.75View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/3/2014Cameron M BreadyCFOSell40,175$37.49$1,506,160.75View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/2/2014William J MuselerDirectorSell3,054$37.47$114,433.38View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/7/2014Jon JippingCOOSell30,210$37.27$1,125,926.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/12/2013Cameron M BreadyCFOSell21,751$86.03$1,871,238.53View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for ITC Holdings Corp. (NYSE:ITC)
DateHeadline
07/27/16 07:31 AMStrs Ohio Marginally Decreases Its Stake in ITC Holdings Corp. Common Stock (ITC) Stock - Finance Daily
07/26/16 04:55 PMITC Michigan recycles 4 miles of copper with Goodwill program
07/26/16 07:41 AMCan Shares Of ITC Holdings Corp. (NYSE:ITC) Hit $47? - Investor Newswire
07/22/16 04:39 PMNotable Earnings to Watch: Ralph Lauren Corporation (NYSE:RL), ITC Holdings Corp. (NYSE:ITC), First Industrial ... - Engelwood Daily
07/22/16 04:39 PMFriday Session Wrap-up for ITC Holdings Corp. (NYSE:ITC) - Engelwood Daily
07/22/16 07:41 AMITC Holdings Corp. versus PNM Resources Inc Head to Head Compare - CML News
07/22/16 07:41 AMITC Holdings Corp. (NYSE:ITC) Current Analyst Ratings - Fiscal Standard
07/22/16 07:41 AMEquity Roundup: Stock Performance Focus on ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/21/16 10:45 AMDetroit Announces ITC Holdings as Sponsor
07/20/16 02:45 PMStock Focus: Following Analyst Expectations on Shares of ITC Holdings Corp. (NYSE:ITC) - TGP
07/20/16 07:44 AMStocks Trend Analysis: PPL Corporation (PPL) ITC Holdings Corp. (ITC) Verizon Communications Inc. (VZ) - iStreetWire
07/20/16 07:44 AMShares Positive Over the Past Month: ITC Holdings Corp. (NYSE:ITC) - TGP
07/20/16 07:44 AMStock Strength in Focus for ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/19/16 11:36 AMETF’s with exposure to ITC Holdings Corp. : July 19, 2016 -
07/19/16 10:49 AMShares of ITC Holdings (ITC) Drops by -0.56% - Trade Calls
07/19/16 10:49 AMIs $45 Price Target Attainable For ITC Holdings Corp. (NYSE:ITC)? - Investor Newswire
07/19/16 10:49 AMCutter & Company Brokerage INC Decreased Stake in Itc Holdings Corp (NYSE:ITC) by $4.45 Million as Shares Rose - Press Telegraph
07/16/16 08:04 AMITC Holdings Corp. (NYSE:ITC) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/16/16 08:04 AMStock in Positive Territory for the Quarter: ITC Holdings Corp. (NYSE:ITC) - Engelwood Daily
07/15/16 08:26 AMInstitutions are Decreasing Positions in ITC Holdings Corp. (NYSE:ITC) - Telanagana Press
07/15/16 08:26 AMShares of ITC Holdings (ITC) Sees Large Outflow of Money - TheFounders Daily
07/14/16 03:48 PMITC Schedules Second Quarter 2016 Earnings Release - [at noodls] - NOVI, Mich., July 14, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the second quarter ended June 30, 2016 before the market ...
07/14/16 08:16 AMTrading Performance and Target Watch for ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/14/16 08:16 AMITC Holdings Corp. (NYSE:ITC) Fundamental Star Rating Report - CML News
07/14/16 08:16 AMInternational Trade - Fortis Acquisition of ITC Holdings Corp.: Clearance - The National Law Review
07/13/16 05:06 PMUAW-GM detroit hydrofest announces ITC Holdings Corp. sponsorship
07/13/16 05:06 PMInternational Trade - Fortis Acquisition of ITC Holdings Corp.: Clearance
07/13/16 07:38 AMITC Holdings Corp. (NYSE:ITC) Wall Street Analyst Recommendation Outlook - Telanagana Press
07/12/16 04:57 PMUAW-GM detroit hydrofest announces ITC Holdings Corp. sponsorship - Michronicleonline
07/12/16 09:05 AMShares Moving Up Over the Past Quarter: ITC Holdings Corp. (NYSE:ITC) - Engelwood Daily
07/11/16 04:47 PMWall Street Ratings and Target Price Views on ITC Holdings Corp. (NYSE:ITC) - Telanagana Press
07/11/16 04:47 PMStock for the Ages: ITC Holdings Corp. (NYSE:ITC) - Telanagana Press
07/11/16 04:47 PMNew Broker Ratings For ITC Holdings Corp. (NYSE:ITC) - FTSE News
07/11/16 04:47 PMStrong Sell Calls For ITC Holdings Corp. (NYSE:ITC) At 0 - Investor Newswire
07/09/16 08:07 AMITC Holdings Corp. versus Portland General Electric Company Head to Head Compare - CML News
07/08/16 04:53 PMReal estate remains a hot M&A play, but overall number of deals down in first half
07/08/16 07:35 AMStock Showing Gains This Year: ITC Holdings Corp. (NYSE:ITC) - Telanagana Press
07/08/16 07:35 AMCompany Stock Focus for ITC Holdings Corp. (NYSE:ITC): Which Way Will Shares Head? - Press Telegraph
07/08/16 07:35 AMBRIEF-ITC Holdings repaid in full all outstanding loans on July 7 - SEC Filing - Reuters
07/08/16 07:34 AMPrevious Trading Session Wrap-Up: ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/08/16 07:34 AMITC Holdings Corp. (ITC) is Trading Higher on Unusual Volume for July 06 - Equities.com
07/07/16 04:46 PMBRIEF-ITC Holdings repaid in full all outstanding loans on July 7 - SEC Filing
07/07/16 04:46 PMITC HOLDINGS CORP. : Termination of a Material Definitive Agreement (form 8-K)
07/07/16 03:32 PMITC HOLDINGS CORP. Files SEC form 8-K, Termination of a Material Definitive Agreement -
07/07/16 07:37 AMPerformance Recap and Target Perspective on ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/06/16 04:57 PMStock Rating Watch and Earnings Insight for ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/06/16 04:57 PMITC Holdings Corp. (NYSE:ITC) Updated Price Targets - FTSE News
07/06/16 04:57 PMStock Strength Recap for ITC Holdings Corp. (NYSE:ITC) - Press Telegraph
07/06/16 09:24 AMPotential ITC (ITC) Trade Has 6.39% Downside Protection
07/05/16 04:37 PMITC Holdings Corp. (NYSE:ITC) Expected to Reach Highs Of $45 - Investor Newswire

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About ITC Holdings Corp.

ITC Holdings Corp. logoITC Holdings Corp. (ITC Holdings) is a holding company. The Company is engaged in owning, operating, maintaining and investing in transmission infrastructure. The Company's business consists primarily of the electric transmission operations of its Regulated Operating Subsidiaries. Its Regulated Operating Subsidiaries include International Transmission Company (ITCTransmission), Michigan Electric Transmission Company, LLC (METC), ITC Midwest LLC (ITC Midwest). The operations performed by its Regulated Operating Subsidiaries fall into the various categories, such as asset planning; engineering, design and construction; maintenance, and real time operations. Its customers include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. It owns and operates high-voltage systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Exchange: NYSE
  • Symbol: ITC
  • CUSIP: 46568510
Key Metrics:
  • Previous Close: $45.82
  • 50 Day Moving Average: $46.16
  • 200 Day Moving Average: $43.14
  • P/E Ratio: 29.58
  • P/E Growth: 1.93
  • Market Cap: $6.94B
  • Beta: -0.05
  • Current Year EPS Consensus Estimate: $2.11 EPS
  • Next Year EPS Consensus Estimate: $2.21 EPS
Additional Links:
ITC Holdings Corp. (NYSE:ITC) Chart for Wednesday, July, 27, 2016