ITC Stock Price, News & Analysis (NYSE:ITC)

$45.50 -0.48 (-1.04 %)
(As of 12/15/2017 05:13 AM ET)
Previous Close$45.98
Today's Range$45.35 - $46.44
52-Week Range$30.33 - $47.46
Volume31.08 million shs
Average Volume1.80 million shs
Market Capitalization$6.98 billion
P/E RatioN/A
Dividend Yield1.87%
BetaN/A

About ITC (NYSE:ITC)

ITC 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.

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Industry, Sector and Symbol

Industry Electric Utilities
Sub-IndustryElectric Utilities
SectorUtilities
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

Trailing EPS$1.48
Net IncomeN/A
Net Margins27.42%
Return on Equity16.62%
Return on Assets3.79%

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) announced its earnings results on Thursday, July, 28th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.03. The utilities provider had revenue of $298 million for the quarter, compared to analysts' expectations of $313 million. ITC had a net margin of 27.42% and a return on equity of 16.62%. The business'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 some of ITC's key competitors?

Who are ITC's key executives?

ITC's management team includes the folowing people:

  • Joseph L. Welch, Chairman of the Board (Age 68)
  • 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 52)

How do I buy ITC stock?

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  381
MarketBeat's community ratings are surveys of what our community members think about ITC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

ITC (NYSE:ITC) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.25
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/A$42.33
Price Target Upside: N/AN/AN/A7.93% downside

ITC (NYSE:ITC) Consensus Price Target History

Price Target History for ITC (NYSE:ITC)

ITC (NYSE:ITC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/13/2016Edward JonesDowngradeBuy -> HoldN/AView Rating Details
4/18/2016Deutsche BankReiterated RatingHoldN/AView Rating Details
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
2/26/2016GabelliDowngradeBuy -> HoldN/AView Rating Details
2/10/2016J P Morgan Chase & CoBoost Price TargetNeutral$37.00 -> $40.00N/AView Rating Details
2/10/2016WunderlichLower Price TargetBuy$45.00 -> $44.00N/AView Rating Details
2/10/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
1/9/2016Robert W. BairdUpgradeBuyN/AView Rating Details
(Data available from 12/15/2015 forward)

Earnings

ITC (NYSE:ITC) Earnings History and Estimates Chart

Earnings by Quarter for ITC (NYSE:ITC)

ITC (NYSE ITC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016Q216$0.55$0.58$313.00 million$298.00 millionViewN/AView Earnings Details
4/28/2016Q116$0.50$0.55$282.53 million$280.13 millionViewListenView Earnings Details
2/25/2016Q415$0.56$0.57$320.52 million$224.03 millionViewListenView Earnings Details
11/5/2015Q315$0.53$0.53$305.16 million$273.20 millionViewN/AView Earnings Details
7/30/2015Q215$0.51$0.52$284.75 million$275.05 millionViewListenView Earnings Details
4/30/2015Q115$0.48$0.47$283.07 million$272.50 millionViewN/AView Earnings Details
2/26/2015Q414$0.50$0.48$281.86 million$231.09 millionViewN/AView Earnings Details
10/30/2014Q314$0.47$0.47$273.90 million$270.10 millionViewN/AView Earnings Details
8/6/2014Q214$0.45$0.46$265.01 million$263.20 millionViewN/AView Earnings Details
5/1/2014Q114$0.43$0.44$250.79 million$258.60 millionViewN/AView Earnings Details
2/27/2014Q413$1.30$1.32$265.79 million$255.36 millionViewN/AView Earnings Details
7/24/2013Q2 2013$1.20$1.20$240.02 million$229.82 millionViewN/AView Earnings Details
4/23/2013Q1 2013$1.13$1.12$232.60 million$217.30 millionViewN/AView Earnings Details
2/27/2013Q4 2012$1.08$1.09$235.67 million$221.60 millionViewN/AView Earnings Details
10/23/2012$1.02$0.98ViewN/AView Earnings Details
7/31/2012$1.00$1.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

ITC (NYSE:ITC) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

ITC (NYSE:ITC) Dividend Information

Most Recent Dividend:9/15/2016
Annual Dividend:$0.86
Dividend Yield:1.89%
Dividend Growth:3.30% (3 Year Average)
Payout Ratio:58.11% (Trailing 12 Months of Earnings)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for ITC (NYSE:ITC)

ITC (NYSE:ITC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/18/2016quarterly$0.221.83%8/30/20169/1/20169/15/2016
5/20/2016quarterly$0.191.69%5/27/20166/1/20166/15/2016
2/5/2016quarterly$0.191.91%2/26/20163/1/20163/15/2016
11/19/2015quarterly$0.192.34%11/27/201512/1/201512/15/2015
8/20/2015quarterly$0.192.12%8/28/20159/1/20159/15/2015
5/21/2015quarterly$0.161.81%5/28/20156/1/20156/15/2015
2/5/2015quarterly$0.161.53%2/26/20153/2/20153/16/2015
8/13/2014quarterly$0.161.78%8/28/20149/2/20149/15/2014
5/21/2014quarterly$0.141.54%5/29/20146/2/20146/16/2014
2/6/2014quarterly$0.141.7%3/6/20143/10/20143/19/2014
11/13/2013quarterly$0.431.81%11/27/201312/2/201312/16/2013
8/14/2013quarterly$0.431.93%8/29/20139/3/20139/16/2013
5/16/2013quarterly$0.381.69%5/30/20136/3/20136/17/2013
2/14/2013quarterly$0.381.87%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

ITC (NYSE ITC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 3.20%
Institutional Ownership Percentage: 84.21%
Insider Trades by Quarter for ITC (NYSE:ITC)
Institutional Ownership by Quarter for ITC (NYSE:ITC)

ITC (NYSE ITC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/19/2016Albert ErnstDirectorBuy30$45.66$1,369.80View SEC Filing  
8/2/2016Albert ErnstDirectorBuy21$46.24$971.04View SEC Filing  
5/27/2016Soneral Christine MasonSVPSell8,616$44.54$383,756.64View SEC Filing  
5/2/2016Albert ErnstDirectorBuy24$44.05$1,057.20View SEC Filing  
5/2/2016Linda H BlairEVPSell27,246$44.36$1,208,632.56View SEC Filing  
4/29/2016Joseph L WelchCEOSell23,274$43.91$1,021,961.34View SEC Filing  
4/29/2016Soneral Christine MasonSVPSell23,688$44.12$1,045,114.56View SEC Filing  
2/29/2016Albert ErnstDirectorBuy121$40.67$4,921.07View SEC Filing  
9/5/2014Jon E JippingCOOSell19,086$37.75$720,496.50View SEC Filing  
8/28/2014Jon E JippingCOOSell7,311$37.50$274,162.50View SEC Filing  
8/27/2014Jon E JippingCOOSell29,898$37.50$1,121,175.00View SEC Filing  
6/18/2014Cameron M BreadyCFOSell79,575$37.29$2,967,351.75View SEC Filing  
6/3/2014Cameron M BreadyCFOSell40,175$37.49$1,506,160.75View SEC Filing  
6/2/2014William J MuselerDirectorSell3,054$37.47$114,433.38View SEC Filing  
5/7/2014Jon JippingCOOSell30,210$37.27$1,125,926.70View SEC Filing  
3/12/2013Cameron M BreadyCFOSell21,751$86.03$1,871,238.53View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

ITC (NYSE ITC) News Headlines

Source:
DateHeadline
4 Safe Stocks That Are Still Great Value Buys4 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.comForm 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)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)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 notesBRIEF-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)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.comForm 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 4The 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)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)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 TodayIncome 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)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)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)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)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 India10 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?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 casesU.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 TranscriptSky 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 BorderInvesting 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 CanadaWhy 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 ReviewPortland 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"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 CompetitorsContrasting 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)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 hereWant 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 Chinas Ultra Rich Is Struggling to OpenCasino 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 - BloombergA 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)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.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 projectsRPT-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)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 TransducersGavial 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 ChairmanCMS 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)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 RRSP2 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 CommunicationsMotorola 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 Investors4 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.comForm SC 13G/A ITC Holdings Corp. Filed by: MORGAN STANLEY - StreetInsider.com
www.streetinsider.com - February 15 at 6:04 AM
ABN Amro authorized to subpoena more Transmar units in asset searchABN Amro authorized to subpoena more Transmar units in asset search
www.reuters.com - February 14 at 7:26 PM
Thornburg Investment Management Inc Buys CVS Health, Canadian Pacific Railway, Yum China ...Thornburg Investment Management Inc Buys CVS Health, Canadian Pacific Railway, Yum China ...
www.nasdaq.com - February 11 at 11:03 PM
Reaves WH & Co Inc Buys Fortis, PG&E, Atmos Energy, Sells ITC Holdings, Level 3 ... - NasdaqReaves WH & Co Inc Buys Fortis, PG&E, Atmos Energy, Sells ITC Holdings, Level 3 ... - Nasdaq
www.nasdaq.com - February 9 at 6:55 PM
BRIEF-ITC Corp was informed by vendor that vendor and Ace Pride Holdings entered into sale and purchase agreementBRIEF-ITC Corp was informed by vendor that vendor and Ace Pride Holdings entered into sale and purchase agreement
www.reuters.com - January 27 at 8:06 PM
ITC gets Canadian approval for Ontario-Pennsylvania Lake Erie power line - ReutersITC gets Canadian approval for Ontario-Pennsylvania Lake Erie power line - Reuters
www.reuters.com - January 19 at 7:47 PM

SEC Filings

ITC (NYSE:ITC) SEC Filings

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Social Media

Financials

ITC (NYSE:ITC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

ITC (NYSE ITC) Stock Chart for Friday, December, 15, 2017

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This page was last updated on 12/15/2017 by MarketBeat.com Staff

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