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NYSE:FTS - Fortis Stock Price, Forecast & News

$44.03
+0.37 (+0.85 %)
(As of 02/17/2020 04:21 AM ET)
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Today's Range
$43.63
Now: $44.03
$44.39
50-Day Range
$41.16
MA: $42.76
$44.27
52-Week Range
$34.96
Now: $44.03
$44.49
Volume305,175 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio20.57
Dividend Yield3.26%
BetaN/A
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 N/A
Sub-IndustryN/A
SectorN/A
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees8,800
Next Earnings Date5/6/2020 (Estimated)
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 quarterly dividend on Thursday, February 13th. Investors of record on Friday, May 15th will be given a dividend of $0.3593 per share on Monday, June 1st. This represents a $1.44 annualized dividend and a yield of 3.26%. The ex-dividend date is Thursday, May 14th. View Fortis' Dividend History.

How were Fortis' earnings last quarter?

Fortis Inc (NYSE:FTS) released its quarterly earnings data on Thursday, February, 13th. The utilities provider reported $0.62 EPS for the quarter, topping the consensus estimate of $0.46 by $0.16. The utilities provider earned $1.69 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm earned $0.56 earnings per share. View Fortis' Earnings History.

When is Fortis' next earnings date?

Fortis is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Fortis.

What price target have analysts set for FTS?

11 Wall Street analysts have issued 12-month target prices for Fortis' stock. Their forecasts range from $53.00 to $64.00. On average, they anticipate Fortis' share price to reach $57.71 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price. View Analyst Price Targets for Fortis.

What is the consensus analysts' recommendation for Fortis?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 1 sell rating, 5 hold ratings and 5 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 articles about FTS stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Fortis earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Fortis.

Are investors shorting Fortis?

Fortis saw a increase in short interest in January. As of January 31st, there was short interest totalling 3,400,000 shares, an increase of 12.2% from the January 15th total of 3,030,000 shares. Based on an average trading volume of 415,900 shares, the days-to-cover ratio is currently 8.2 days. Currently, 0.8% of the shares of the company are sold short. View Fortis' Current Options Chain.

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), Allergan (AGN), Micron Technology (MU) and AutoZone (AZO).

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 variety of of retail and institutional investors. Top institutional investors include TD Asset Management Inc. (2.59%), FIL Ltd (2.57%), Toronto Dominion Bank (1.96%), CIBC World Markets Inc. (1.87%), Caisse DE Depot ET Placement DU Quebec (1.01%) and Renaissance Technologies LLC (0.94%).

Which major investors are selling Fortis stock?

FTS stock was sold by a variety of institutional investors in the last quarter, including GQG Partners LLC, FIL Ltd, Russell Investments Group Ltd., QV Investors Inc., Acadian Asset Management LLC, Ferguson Wellman Capital Management Inc., Guardian Capital LP and Kayne Anderson Rudnick Investment Management LLC.

Which major investors are buying Fortis stock?

FTS stock was bought by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Highstreet Asset Management Inc., Connor Clark & Lunn Investment Management Ltd., Value Partner Investments Inc., Renaissance Technologies LLC, Bank of America Corp DE, Montrusco Bolton Investments Inc. and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

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 $44.03.


MarketBeat Community Rating for Fortis (NYSE FTS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  571
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 2/17/2020 by MarketBeat.com Staff

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