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Fortis Stock Price, News & Analysis (NYSE:FTS)

$41.53
+0.13 (+0.31 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$41.28
Now: $41.53
$41.59
50-Day Range
$41.13
MA: $42.04
$42.72
52-Week Range
$31.80
Now: $41.53
$42.80
Volume257,445 shs
Average Volume462,670 shs
Market Capitalization$18.14 billion
P/E Ratio21.74
Dividend Yield3.26%
Beta0.15
Fortis Inc operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It generates, transmits, and distributes electricity to approximately 425,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,377 MW (MW), including 57 MW of solar capacity. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone709-737-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.44 billion
Cash Flow$4.44 per share
Book Value$30.31 per share

Profitability

Net Income$899.56 million

Miscellaneous

Employees8,800
Market Cap$18.14 billion
Next Earnings Date11/1/2019 (Confirmed)
OptionableOptionable

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Fortis (NYSE:FTS) Frequently Asked Questions

What is Fortis' stock symbol?

Fortis trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTS."

How often does Fortis pay dividends? What is the dividend yield for Fortis?

Fortis announced a -- dividend on Wednesday, September 11th. Shareholders of record on Tuesday, November 19th will be paid a dividend of $0.3631 per share on Sunday, December 1st. This represents a dividend yield of 3.5%. The ex-dividend date is Monday, November 18th. View Fortis' Dividend History.

How were Fortis' earnings last quarter?

Fortis Inc (NYSE:FTS) released its earnings results on Friday, August, 2nd. The utilities provider reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.11. The utilities provider had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.54 billion. Fortis had a return on equity of 6.80% and a net margin of 12.72%. During the same quarter last year, the company posted $0.57 earnings per share. View Fortis' Earnings History.

When is Fortis' next earnings date?

Fortis is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for Fortis.

How can I listen to Fortis' earnings call?

Fortis will be holding an earnings conference call on Friday, November 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for FTS?

12 brokerages have issued 1-year price targets for Fortis' shares. Their forecasts range from $53.00 to $62.00. On average, they expect Fortis' share price to reach $57.13 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Price Targets for Fortis.

What is the consensus analysts' recommendation for Fortis?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fortis.

Has Fortis been receiving favorable news coverage?

News stories about FTS stock have been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fortis earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Fortis.

Who are some of Fortis' key competitors?

What other stocks do shareholders of Fortis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortis investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Gran Tierra Energy (GTE), Precision Drilling (PD) and ALJ Regional (ALJJ).

Who are Fortis' key executives?

Fortis' management team includes the folowing people:
  • Mr. Barry V. Perry, Pres, CEO & Director (Age 54)
  • Ms. Jocelyn H. Perry, Exec. VP & CFO
  • Ms. Nora M. Duke C.A., CA, Exec. VP of Sustainability & Chief Human Resource Officer (Age 57)
  • Mr. James P. Laurito, Exec. VP of Bus. Devel. (Age 63)
  • Mr. David Gerard Hutchens, Exec. VP of Western Utility Operations (Age 52)

Who are Fortis' major shareholders?

Fortis' stock is owned by a number of of institutional and retail investors. Top institutional investors include Duff & Phelps Investment Management Co. (0.39%), Addenda Capital Inc. (0.17%), Ferguson Wellman Capital Management Inc. (0.06%), Miller Howard Investments Inc. NY (0.04%), Assenagon Asset Management S.A. (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%).

Which major investors are selling Fortis stock?

FTS stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Commerzbank Aktiengesellschaft FI, DORCHESTER WEALTH MANAGEMENT Co, Miller Howard Investments Inc. NY, Envestnet Asset Management Inc., Intercontinental Wealth Advisors LLC, Gulf International Bank UK Ltd and CLARET ASSET MANAGEMENT Corp.

Which major investors are buying Fortis stock?

FTS stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Duff & Phelps Investment Management Co., Baskin Financial Services Inc., Assenagon Asset Management S.A., Ferguson Wellman Capital Management Inc., Tuttle Tactical Management, Signaturefd LLC and Stephens Inc. AR.

How do I buy shares of Fortis?

Shares of FTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Fortis' stock price today?

One share of FTS stock can currently be purchased for approximately $41.53.

How big of a company is Fortis?

Fortis has a market capitalization of $18.14 billion and generates $6.44 billion in revenue each year. The utilities provider earns $899.56 million in net income (profit) each year or $1.91 on an earnings per share basis. Fortis employs 8,800 workers across the globe.View Additional Information About Fortis.

What is Fortis' official website?

The official website for Fortis is http://www.fortisinc.com/.

How can I contact Fortis?

Fortis' mailing address is 5 SPRINGDALE STREET FORTIS PLACE SUITE 1100, ST. JOHN`S A4, A1B 3T2. The utilities provider can be reached via phone at 709-737-2800 or via email at [email protected]


MarketBeat Community Rating for Fortis (NYSE FTS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  507
MarketBeat's community ratings are surveys of what our community members think about Fortis and other stocks. Vote "Outperform" if you believe FTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2019 by MarketBeat.com Staff

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