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

$42.03
+0.17 (+0.41 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$41.90
Now: $42.03
$42.29
50-Day Range
$39.60
MA: $41.14
$42.48
52-Week Range
$31.37
Now: $42.03
$42.62
Volume628,671 shs
Average Volume462,198 shs
Market Capitalization$18.36 billion
P/E Ratio22.01
Dividend Yield3.23%
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$4.4523 per share
Book Value$30.31 per share

Profitability

Net Income$899.56 million

Miscellaneous

Employees8,800
Market Cap$18.36 billion
Next Earnings Date11/1/2019 (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 -- 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 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 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.11. The utilities provider earned $1.82 billion during the quarter, compared to analysts' expectations of $1.54 billion. Fortis had a net margin of 12.72% and a return on equity of 6.80%. During the same quarter in the prior year, the company earned $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.

What price target have analysts set for FTS?

10 Wall Street analysts have issued 12-month price objectives for Fortis' shares. Their forecasts range from $53.00 to $62.00. On average, they anticipate Fortis' share price to reach $57.1429 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Fortis.

What is the consensus analysts' recommendation for Fortis?

10 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 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 trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Fortis earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near 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 variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.85%), Morgan Stanley (2.26%), TD Asset Management Inc. (2.21%), Toronto Dominion Bank (2.06%), Toronto Dominion Bank (2.06%) and Mackenzie Financial Corp (1.47%).

Which institutional investors are selling Fortis stock?

FTS stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Toronto Dominion Bank, Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, Alberta Investment Management Corp, Intact Investment Management Inc., Mackenzie Financial Corp and Aviva PLC.

Which institutional investors are buying Fortis stock?

FTS stock was bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Acadian Asset Management LLC, Renaissance Technologies LLC, National Pension Service, CIBC Asset Management Inc, Vanguard Group Inc., JPMorgan Chase & Co. and Prudential PLC.

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 $42.03.

How big of a company is Fortis?

Fortis has a market capitalization of $18.36 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:  204 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  493
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 9/21/2019 by MarketBeat.com Staff

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