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
Stock Exchange NYSE
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
Market Cap$6,980.00
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) released its earnings results 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 analysts' expectations of $313 million. ITC had a return on equity of 16.67% and a net margin of 26.05%. The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the firm earned $0.52 EPS. View ITC's Earnings History.
What is the consensus analysts' recommendation for ITC?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITC in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
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?
Media coverage about ITC stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ITC earned a coverage optimism score of 0.09 on Accern's scale. They also assigned press coverage about the utilities provider an impact score of 47.00 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
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 (NYSE 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.
