ITC 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
Industry N/A
Sub-IndustryElectric Utilities
SectorN/A
SymbolNYSE:ITC
CUSIP46568510
Phone+1-248-9463000
Debt
Debt-to-Equity Ratio2.31%
Current Ratio0.46%
Quick Ratio0.42%
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins26.05%
Return on Equity16.67%
Return on Assets3.70%
Miscellaneous
Employees637
Outstanding Shares153,370,000
ITC (NYSE:ITC) Frequently Asked Questions
What is ITC's stock symbol?
ITC trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITC."
How were ITC's earnings last quarter?
ITC Holdings Corp. (NYSE:ITC) posted its quarterly earnings data on Thursday, July, 28th. The utilities provider reported $0.58 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.03. The utilities provider earned $298 million during the quarter, compared to the consensus estimate of $313 million. ITC had a return on equity of 16.67% and a net margin of 26.05%. The firm's revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 EPS. View ITC's Earnings History.
Who are ITC's key executives?
ITC's management team includes the folowing people:
- Joseph L. Welch, Chairman of the Board (Age 69)
- Linda H. Blair, President, Chief Executive Officer, Director (Age 47)
- Gretchen L Holloway, Chief Financial Officer, Senior Vice President (Age 42)
- Jon E. Jipping, Chief Operating Officer, Executive Vice President (Age 51)
- Daniel J. Oginsky, Executive Vice President, Chief Administrative Officer (Age 44)
- Christine Mason Soneral, Senior Vice President, General Counsel (Age 44)
- Michael Daranyi, Vice President - Finance, Treasurer
- Rhys D. Evenden, Director (Age 43)
- James P. Laurito, Director (Age 59)
- Barry V. Perry, Director (Age 53)
Has ITC been receiving favorable news coverage?
News headlines about ITC stock have been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ITC earned a coverage optimism score of 0.22 on Accern's scale. They also gave news articles about the utilities provider an impact score of 45.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
How do I buy shares of ITC?
Shares of ITC 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, Scottrade, Fidelity and Charles Schwab.
What is ITC's stock price today?
One share of ITC stock can currently be purchased for approximately $45.50.
How big of a company is ITC?
ITC has a market capitalization of $6.98 billion. ITC employs 637 workers across the globe.
How can I contact ITC?
ITC's mailing address is 27175 Energy Way, NOVI, MI 48377-3639, United States. The utilities provider can be reached via phone at +1-248-9463000.
MarketBeat Community Rating for ITC (ITC)
MarketBeat's community ratings are surveys of what our community members think about ITC and other stocks. Vote "Outperform" if you believe ITC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITC will underperform the S&P 500 over the long term. You may vote once every thirty days.
ITC (NYSE:ITC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | N/A | N/A | N/A | N/A |
| Consensus Rating Score: | N/A | N/A | N/A | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | N/A | N/A | N/A | N/A |
| Price Target Upside: | N/A | N/A | N/A | N/A |
ITC (NYSE:ITC) Consensus Price Target History
ITC (NYSE:ITC) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/13/2016 | Edward Jones | Downgrade | Buy -> Hold | | N/A |  |
(Data available from 4/23/2016 forward)
ITC (NYSE:ITC) Earnings History and Estimates Chart
ITC (NYSE ITC) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/28/2016 | Q216 | $0.55 | $0.58 | $313.00 million | $298.00 million | View | N/A | |
| 4/28/2016 | Q116 | $0.50 | $0.55 | $282.53 million | $280.13 million | View | Listen | |
| 2/25/2016 | Q415 | $0.56 | $0.57 | $320.52 million | $224.03 million | View | Listen | |
| 11/5/2015 | Q315 | $0.53 | $0.53 | $305.16 million | $273.20 million | View | N/A | |
| 7/30/2015 | Q215 | $0.51 | $0.52 | $284.75 million | $275.05 million | View | Listen | |
| 4/30/2015 | Q115 | $0.48 | $0.47 | $283.07 million | $272.50 million | View | N/A | |
| 2/26/2015 | Q414 | $0.50 | $0.48 | $281.86 million | $231.09 million | View | N/A | |
| 10/30/2014 | Q314 | $0.47 | $0.47 | $273.90 million | $270.10 million | View | N/A | |
| 8/6/2014 | Q214 | $0.45 | $0.46 | $265.01 million | $263.20 million | View | N/A | |
| 5/1/2014 | Q114 | $0.43 | $0.44 | $250.79 million | $258.60 million | View | N/A | |
| 2/27/2014 | Q413 | $1.30 | $1.32 | $265.79 million | $255.36 million | View | N/A | |
| 10/31/2013 | Q3 2013 | $0.41 | $0.42 | $245.25 million | $238.78 million | View | N/A | |
| 7/24/2013 | Q2 2013 | $1.20 | $1.20 | $240.02 million | $229.82 million | View | N/A | |
| 4/23/2013 | Q1 2013 | $1.13 | $1.12 | $232.60 million | $217.30 million | View | N/A | |
| 2/27/2013 | Q4 2012 | $1.08 | $1.09 | $235.67 million | $221.60 million | View | N/A | |
| 10/23/2012 | | $1.02 | $0.98 | | | View | N/A | |
| 7/31/2012 | | $1.00 | $1.05 | | | View | N/A | |
| 4/24/2012 | Q1 2012 | $0.33 | $0.31 | | | View | N/A | |
| 2/21/2012 | Q4 2011 | $0.28 | $0.29 | | | View | N/A | |
| 10/26/2011 | Q3 2011 | $0.28 | $0.28 | | | View | N/A | |
| 7/27/2011 | Q2 2011 | $0.27 | $0.28 | | | View | N/A | |
| 4/27/2011 | Q1 2011 | $0.26 | $0.27 | | | View | N/A | |
| 2/22/2011 | Q4 2010 | $0.23 | $0.24 | | | View | N/A | |
| 10/27/2010 | Q3 2010 | $0.23 | $0.25 | | | View | N/A | |
| 7/28/2010 | Q2 2010 | $0.22 | $0.24 | | | View | N/A | |
| 4/28/2010 | Q1 2010 | $0.21 | $0.22 | | | View | N/A | |
| 2/24/2010 | Q4 2009 | $0.22 | $0.23 | | | View | N/A | |
| 10/28/2009 | Q3 2009 | $0.20 | $0.25 | | | View | N/A | |
| 7/29/2009 | Q2 2009 | $0.19 | $0.20 | | | View | N/A | |
| 4/29/2009 | Q1 2009 | $0.19 | $0.19 | | | View | N/A | |
| 2/25/2009 | Q4 2008 | $0.15 | $0.18 | | | View | N/A | |
| 11/5/2008 | Q3 2008 | $0.15 | $0.19 | | | View | N/A | |
| 8/6/2008 | Q2 2008 | $0.17 | $0.19 | | | View | N/A | |
| 4/30/2008 | Q1 2008 | $0.17 | $0.18 | | | View | N/A | |
| 2/28/2008 | Q4 2007 | $0.09 | $0.12 | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
ITC (NYSE:ITC) Dividend Information
ITC pays an annual dividend of $0.86 per share, with a dividend yield of 1.89%. ITC's most recent quarterly dividend payment was Thursday, September 15.
| Most Recent Dividend: | 9/15/2016 |
| Annual Dividend: | $0.86 |
| Dividend Yield: | 1.89% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | N/A |
| Track Record: | 6 Years of Consecutive Dividend Growth |
ITC (NYSE:ITC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/18/2016 | quarterly | $0.2155 | 1.83% | 8/30/2016 | 9/1/2016 | 9/15/2016 |
| 5/20/2016 | quarterly | $0.1875 | 1.69% | 5/27/2016 | 6/1/2016 | 6/15/2016 |
| 2/5/2016 | quarterly | $0.1875 | 1.91% | 2/26/2016 | 3/1/2016 | 3/15/2016 |
| 11/19/2015 | quarterly | $0.1875 | 2.34% | 11/27/2015 | 12/1/2015 | 12/15/2015 |
| 8/20/2015 | quarterly | $0.1875 | 2.12% | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 5/21/2015 | quarterly | $0.1625 | 1.81% | 5/28/2015 | 6/1/2015 | 6/15/2015 |
| 2/5/2015 | quarterly | $0.1625 | 1.53% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 8/13/2014 | quarterly | $0.1625 | 1.78% | 8/28/2014 | 9/2/2014 | 9/15/2014 |
| 5/21/2014 | quarterly | $0.1425 | 1.54% | 5/29/2014 | 6/2/2014 | 6/16/2014 |
| 2/6/2014 | quarterly | $0.1425 | 1.7% | 3/6/2014 | 3/10/2014 | 3/19/2014 |
| 11/13/2013 | quarterly | $0.4250 | 1.81% | 11/27/2013 | 12/2/2013 | 12/16/2013 |
| 8/14/2013 | quarterly | $0.4250 | 1.93% | 8/29/2013 | 9/3/2013 | 9/16/2013 |
| 5/16/2013 | quarterly | $0.3775 | 1.69% | 5/30/2013 | 6/3/2013 | 6/17/2013 |
| 2/14/2013 | quarterly | $0.3775 | 1.87% | 2/27/2013 | 3/1/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
ITC (NYSE ITC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.20%
Institutional Ownership Percentage: 84.21%
ITC (NYSE ITC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 9/19/2016 | Albert Ernst | Director | Buy | 30 | $45.66 | $1,369.80 | 9,914 | |
| 8/2/2016 | Albert Ernst | Director | Buy | 21 | $46.24 | $971.04 | 9,884 | |
| 5/27/2016 | Soneral Christine Mason | SVP | Sell | 8,616 | $44.54 | $383,756.64 | 26,845 | |
| 5/2/2016 | Albert Ernst | Director | Buy | 24 | $44.05 | $1,057.20 | 9,410 | |
| 5/2/2016 | Linda H Blair | EVP | Sell | 27,246 | $44.36 | $1,208,632.56 | 118,560 | |
| 4/29/2016 | Joseph L Welch | CEO | Sell | 23,274 | $43.91 | $1,021,961.34 | 1,891,371 | |
| 4/29/2016 | Soneral Christine Mason | SVP | Sell | 23,688 | $44.12 | $1,045,114.56 | 34,113 | |
| 2/29/2016 | Albert Ernst | Director | Buy | 121 | $40.67 | $4,921.07 | 8,899 | |
| 9/5/2014 | Jon E Jipping | COO | Sell | 19,086 | $37.75 | $720,496.50 | | |
| 8/28/2014 | Jon E Jipping | COO | Sell | 7,311 | $37.50 | $274,162.50 | | |
| 8/27/2014 | Jon E Jipping | COO | Sell | 29,898 | $37.50 | $1,121,175.00 | | |
| 6/18/2014 | Cameron M Bready | CFO | Sell | 79,575 | $37.29 | $2,967,351.75 | | |
| 6/3/2014 | Cameron M Bready | CFO | Sell | 40,175 | $37.49 | $1,506,160.75 | | |
| 6/2/2014 | William J Museler | Director | Sell | 3,054 | $37.47 | $114,433.38 | | |
| 5/7/2014 | Jon Jipping | COO | Sell | 30,210 | $37.27 | $1,125,926.70 | 80,121 | |
| 3/12/2013 | Cameron M Bready | CFO | Sell | 21,751 | $86.03 | $1,871,238.53 | | |
(Data available from 1/1/2013 forward)
ITC (NYSE ITC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Intrinsyc TSX ITC and OTC ISYRF Achieves New Design Wins for Embedded Computing
globenewswire.com - April 9 at 4:09 PM |
 | ITC Secure Acquires U.S.-based SBD Advisors
www.businesswire.com - April 3 at 10:11 AM |
 | ITC to Pass Through Benefits of Lower Corporate Taxes to Customers
finance.yahoo.com - April 2 at 10:19 AM |
 | William Kilmer Joins C5 Capital as Managing Partner; Named Executive Chairman of ITC Secure
www.finanznachrichten.de - March 27 at 10:17 AM |
 | Global Extruded Snacks Market Opportunities 2018: ITC Limited, Kellogg Company,Diamond Foods, Frito-Lay
www.marketwatch.com - March 26 at 10:19 AM |
 | Analyzing Consolidated Edison (ED) & ITC (ITC)
www.americanbankingnews.com - February 13 at 11:14 PM |
| ITC (ITC) vs. Atlantic Power (AT) Head-To-Head Contrast
www.americanbankingnews.com - January 30 at 1:20 PM |
| ITC (ITC) vs. PG&E (PCG) Head to Head Survey
www.americanbankingnews.com - January 25 at 9:02 PM |
 | Trump administration slaps steep tariffs on imported washing machines and solar panels
www.businessinsider.com - January 23 at 8:37 AM |
| ITC (ITC) versus ALLETE (ALE) Financial Analysis
www.americanbankingnews.com - December 21 at 11:24 AM |
 | Education, Social Services, Disaster Relief Highlight ITC Community ... - PR Newswire (press release)
www.prnewswire.com - December 19 at 3:44 PM |
 | 4 Safe Stocks That Are Still Great Value Buys
www.fool.ca - December 7 at 3:52 PM |
 | Form 8-K/A ITC Holdings Corp. For: Oct 17 - StreetInsider.com - StreetInsider.com
www.streetinsider.com - November 20 at 9:53 PM |
| ITC Awarded For Environmental Stewardship - PR Newswire - PR Newswire (press release)
www.prnewswire.com - November 13 at 4:24 PM |
| ITC Holdings Corp. Announces Pricing of $500.0 Million Senior Notes Due 2022 and $500.0 Million Senior Notes Due ... - PR Newswire (press release)
www.prnewswire.com - November 11 at 6:48 PM |
 | BRIEF-ITC Holdings Corp. announces pricing of $500.0 million senior notes
www.reuters.com - November 11 at 1:45 PM |
| Our Energy Future Needs Updated Power Infrastructure - PR Newswire (press release)
www.prnewswire.com - November 8 at 10:36 AM |
| Form 8-K ITC Holdings Corp. For: Nov 03 - StreetInsider.com
www.streetinsider.com - November 8 at 10:36 AM |
 | The Best DGI Stocks For Young Investors: Part 4
seekingalpha.com - November 3 at 10:35 AM |
| ITC Lake Erie Connector Project Approved by US Army Corps of Engineers - PR Newswire (press release)
www.prnewswire.com - October 24 at 5:19 PM |
| ITC Holdings Corp. Appoints A. Douglas Rothwell to Board of Directors - PR Newswire (press release)
www.prnewswire.com - October 22 at 11:34 PM |
| Income Investors: 2 Canadian Dividend Stocks to Stick in Your TFSA Today
www.fool.ca - October 18 at 4:50 PM |
| Financial Analysis: OGE Energy Corporation (OGE) and ITC Holdings Corp. (ITC)
www.americanbankingnews.com - October 18 at 12:14 AM |
| Contrasting Pinnacle West Capital Corporation (PNW) and ITC Holdings Corp. (ITC)
www.americanbankingnews.com - October 11 at 6:28 AM |
| ATC and ITC Midwest Help Boost Power Grid Resilience - PR Newswire (press release)
www.prnewswire.com - October 5 at 6:58 AM |
| ITC Michigan Helps Boost Power Grid Resilience - PR Newswire (press release)
www.prnewswire.com - October 5 at 6:58 AM |
| 10 Best Selling Cigarette Brands In India
finance.yahoo.com - October 5 at 6:58 AM |
| Will India’s GDP Growth Support Market Performance in 2017?
finance.yahoo.com - October 5 at 6:58 AM |
| U.S. judge rejects Sony bid to block Fujifilm ITC, Tokyo cases
www.reuters.com - September 28 at 8:59 PM |
| Sky Solar Holdings (SKYS) Management on First Half 2017 Results - Earnings Call Transcript
seekingalpha.com - September 28 at 3:58 PM |
 | Investing In Canada: Ten Experts Look North Of The Border
www.forbes.com - September 27 at 4:56 PM |
| Why Fortis Inc. Continues to Be a Powerful Investment - The Motley Fool Canada
www.fool.ca - September 22 at 1:40 PM |
| Portland General Electric (POR) versus ITC Holdings Corp. (ITC) Financial Review
www.americanbankingnews.com - September 18 at 9:01 AM |
| "Transmission Trails" Offer Natural Beauty and Recreation in SE Michigan Communities
finance.yahoo.com - September 15 at 2:12 AM |
| Contrasting ITC Holdings Corp. (ITC) and its Competitors
www.americanbankingnews.com - September 9 at 2:08 PM |
| Fortis Inc. And Subsidiaries Donate $100,000 To Red Cross ... - PR Newswire (press release)
www.prnewswire.com - September 6 at 2:53 AM |
 | Want a piece of PSU stocks? 22-company ETF Bharat-22 is here
www.msn.com - August 5 at 1:17 AM |
 | Casino Hotel Aimed at China's Ultra Rich Is Struggling to Open
www.bloomberg.com - August 3 at 12:11 AM |
| A Canadian Utility Nabs US Assets in $3.4 Billion Deal - Bloomberg
www.bloomberg.com - July 21 at 12:06 AM |
| Gretchen Holloway Promoted to Senior Vice President and Chief Financial Officer for ITC Holdings Corp. - PR Newswire (press release)
www.prnewswire.com - July 12 at 5:09 AM |
 | Gretchen Holloway Promoted to Senior Vice President and Chief Financial Officer for ITC Holdings Corp.
www.bizjournals.com - July 12 at 12:08 AM |
 | RPT-INTERVIEW-Fortis could top growth goal with new power, LNG projects
www.nasdaq.com - June 6 at 11:20 AM |
| ITC Announces Michael Daranyi as New Vice President, Finance and Treasurer - PR Newswire (press release)
www.prnewswire.com - June 5 at 10:14 AM |
| Gavial Engineering & Manufacturing, Inc. to Offer ITC Transducers
www.prnewswire.com - May 30 at 5:47 PM |
 | CMS Energy And Consumers Energy EVP And CFO Thomas Webb Named Vice Chairman
www.rttnews.com - May 1 at 6:15 PM |
| CMS Energy and Consumers Energy Executive Vice President and Chief Financial Officer Tom Webb Named Vice ... - PR Newswire (press release)
www.prnewswire.com - May 1 at 1:14 PM |
| 2 Dividend-Growth Stocks to Build Wealth in Your RRSP
www.fool.ca - April 27 at 6:34 PM |
| Motorola Solutions Files Patent Infringement Complaint with U.S. International Trade Commission Against Hytera Communications
www.businesswire.com - March 29 at 10:28 AM |
| 4 Attractively Valued Canadian Utilities For Dividend Investors
seekingalpha.com - February 23 at 6:00 PM |
| Form SC 13G/A ITC Holdings Corp. Filed by: MORGAN STANLEY - StreetInsider.com
www.streetinsider.com - February 15 at 6:04 AM |
ITC (NYSE:ITC) SEC Filings
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ITC (NYSE:ITC) Income Statement, Balance Sheet and Cash Flow Statement
ITC (NYSE ITC) Stock Chart for Monday, April, 23, 2018
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