Fortis Company Profile (TSE:FTS)

About Fortis

Fortis logoFortis Inc. (Fortis) is a Canada-based electric and gas utility company. The Company's segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-United States, which consists of UNS Energy Corporation (UNS Energy) and Central Hudson Gas & Electric Corporation (Central Hudson); Regulated Gas Utility-Canadian, which consists of FortisBC Energy Inc. (FortisBC Energy); Regulated Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Electric and Eastern Canadian, and Regulated Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd. (Caribbean Utilities), Fortis Turks and Caicos, and its investment in Belize Electricity Limited (Belize Electricity). The Non-Regulated Utilities segment consists of Fortis Generation. Fortis Generation consists of long-term contracted generation assets in British Columbia and Belize.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: FTS
  • CUSIP:
Key Metrics:
  • Previous Close: $41.25
  • 50 Day Moving Average: $43.06
  • 200 Day Moving Average: $41.11
  • 52-Week Range: C$34.20 - C$44.87
  • Trailing P/E Ratio: 20.99
  • P/E Growth: 4.56
  • Market Cap: $11.74B
  • Outstanding Shares: 284,500,000
Additional Links:

Analyst Ratings

Consensus Ratings for Fortis (TSE:FTS) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$45.89

Analysts' Ratings History for Fortis (TSE:FTS)
Show:
DateFirmActionRatingPrice TargetDetails
8/3/2016Royal Bank Of CanadaBoost Price TargetOutperformC$48.00 -> C$52.00View Rating Details
8/2/2016TD SecuritiesBoost Price TargetBuyC$48.00 -> C$49.00View Rating Details
8/2/2016ScotiabankBoost Price TargetOutperformC$46.00 -> C$48.00View Rating Details
7/25/2016CSFBBoost Price TargetC$42.00 -> C$46.00View Rating Details
7/20/2016CIBCDowngradeOutperform -> Sector PerformView Rating Details
7/7/2016BMO Capital MarketsBoost Price TargetC$46.00 -> C$49.00View Rating Details
2/10/2016Credit Suisse Group AGDowngradeNeutralC$42.00View Rating Details
1/4/2016Barclays PLCBoost Price TargetEqual WeightC$39.00 -> C$40.00View Rating Details
11/9/2015National Bank FinancialReiterated RatingSector PerformC$43.00View Rating Details
(Data available from 8/31/2014 forward)

Earnings

Earnings History for Fortis (TSE:FTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/4/2016        
7/31/2015Q2$0.44$0.36ViewListenView Earnings Details
8/4/2014$0.26$0.22ViewN/AView Earnings Details
5/9/2014$0.65$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fortis (TSE:FTS)
Current Year EPS Consensus Estimate: $1.67 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.66$0.66$0.66
Q2 20161$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends


Dividend History for Fortis (TSE:FTS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016quarterlyC$0.383.47%8/17/20168/19/20169/1/2016
2/17/2016quarterlyC$0.383.85%5/16/20165/18/20166/1/2016
12/16/2015quarterlyC$0.383.85%2/12/20162/17/20163/1/2016
9/29/2015quarterlyC$0.383.84%11/16/201511/18/201512/1/2015
5/6/2015quarterlyC$0.343.72%8/17/20158/19/20159/1/2015
2/18/2015quarterlyC$0.343.42%5/15/20155/19/20156/1/2015
12/17/2014quarterlyC$0.343.28%2/12/20152/17/20153/1/2015
10/22/2014QuarterlyC$0.323.7%10/22/201412/1/201412/1/2014
8/13/2014QuarterlyC$0.323.79%8/13/20149/1/20149/1/2014
3/13/2014quarterlyC$0.323.98%5/14/20145/16/20146/1/2014
12/9/2013quarterlyC$0.324.28%2/12/20142/14/20143/1/2014
3/20/2013quarterlyC$0.315/17/20136/1/2013
12/11/2012quarterlyC$0.312/14/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fortis (TSE:FTS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/8/2016David BennettInsiderSell11,815C$44.01C$519,978.15
7/7/2016Michael A MulcahyDirectorSell100C$44.40C$4,440.00
4/7/2016Karen J GosseInsiderBuy100C$40.00C$4,000.00
3/22/2016Nora DukeInsiderSell28,096C$40.25C$1,130,864.00
3/8/2016Nora DukeInsiderSell13,470C$40.00C$538,800.00
2/29/2016Christopher F ScottDirectorBuy400C$37.77C$15,108.00
2/24/2016Barry PerryDirectorBuy385C$37.95C$14,610.75
10/21/2015Karl W SmithInsiderSell32,280C$39.36C$1,270,605.36
10/20/2015James SpinneyInsiderSell27,103C$39.00C$1,057,017.00
10/7/2015Jamie RobertsDirectorSell8,373C$38.60C$323,206.17
9/10/2015Tracey Colleen BallDirectorBuy4,600C$34.90C$160,540.00
9/3/2015David Gerard HutchensDirectorBuy8,888C$26.70C$237,308.71
4/10/2015Michael A MulcahyDirectorSell1,647C$39.46C$64,990.62
3/26/2015Earl LudlowInsiderSell34,706C$39.73C$1,378,973.50
3/2/2015James SpinneyInsiderBuy1,413C$0.00C$0.00
1/20/2015Michael Arnold PaveyDirectorSell12,000C$40.02C$480,247.20
11/27/2014David BennettInsiderSell23,694C$39.14C$927,442.40
11/27/2014David NorrisDirectorSell7,352C$39.06C$287,175.00
11/25/2014Karl W SmithInsiderSell4,000C$38.86C$155,450.00
11/24/2014Karl W SmithInsiderSell6,300C$38.87C$244,886.67
11/12/2014Karl W SmithInsiderSell40,748C$37.75C$1,538,237.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fortis (TSE:FTS)
DateHeadline
capitalcube.com logoETF’s with exposure to Fortis, Inc. (Canada) : August 30, 2016 (TSE:FTS)
www.capitalcube.com - August 30 at 5:10 PM
fool.ca logo2 Dividend-Growth Stocks to Top Up Your TFSA - The Motley Fool Canada (TSE:FTS)
www.fool.ca - August 29 at 5:01 PM
fool.ca logo3 Good Reasons Conservative Investors Should Own Fortis Inc. - The Motley Fool Canada (TSE:FTS)
www.fool.ca - August 26 at 8:05 AM
fool.ca logo3 Good Reasons Conservative Investors Should Own Fortis Inc. (TSE:FTS)
www.fool.ca - August 25 at 5:08 PM
finance.yahoo.com logoFortis Inc. Acquisition of ITC Holdings Corp. Approved by Illinois Commerce Commission - Yahoo Finance (TSE:FTS)
finance.yahoo.com - August 25 at 10:08 AM
publicnow.com logoFortis Inc. Acquisition of ITC Holdings Corp. Approved by Illinois Commerce Commission (TSE:FTS)
www.publicnow.com - August 25 at 10:08 AM
capitalcube.com logoFortis, Inc. (Canada) breached its 50 day moving average in a Bearish Manner : FTS-CA : August 24, 2016 (TSE:FTS)
www.capitalcube.com - August 24 at 5:02 PM
fool.ca logoFortis Inc. Is 1 Step Closer to Completing an Acquisition (TSE:FTS)
www.fool.ca - August 22 at 5:10 PM
News IconLatest Reports on Top Dividend Stocks CIBC, Rogers Communications, Fortis and TELUS (TSE:FTS)
news.investornetwork.com - August 22 at 9:46 AM
nasdaq.com logoFortis Cumulative Redeemable Five Year Fixed Rate Reset First Preference Shares, Series H Goes Ex-Dividend Soon (TSE:FTS)
www.nasdaq.com - August 16 at 5:15 PM
4-traders.com logoFortis : Tucson Electric Power Company (TEP) Rate Case Progresses; Reaches Settlement Agreement on Revenue Requirement (TSE:FTS)
www.4-traders.com - August 16 at 5:15 PM
publicnow.com logoFortis Inc. Acquisition of ITC Holdings Corp. Approved by Oklahoma Corporation Commission (TSE:FTS)
www.publicnow.com - August 16 at 5:15 PM
publicnow.com logoTucson Electric Power Company (TEP) Rate Case Progresses; Reaches Settlement Agreement on Revenue Requirement (TSE:FTS)
www.publicnow.com - August 16 at 5:15 PM
capitalcube.com logoETF’s with exposure to Fortis, Inc. (Canada) : August 15, 2016 (TSE:FTS)
www.capitalcube.com - August 15 at 12:23 PM
forbes.com logoEx-Div Reminder for Fortis (FTS) (TSE:FTS)
www.forbes.com - August 15 at 11:43 AM
marketwired.com logoFortis Inc. and ITC Holdings Corp. Announce Expiration of Hart-Scott ... - Marketwired (press release) (TSE:FTS)
www.marketwired.com - August 12 at 5:10 PM
capitalcube.com logoFortis, Inc. (Canada) breached its 50 day moving average in a Bullish Manner : FTS-CA : August 12, 2016 (TSE:FTS)
www.capitalcube.com - August 12 at 5:10 PM
publicnow.com logoFortis Inc. and ITC Holdings Corp. Announce Expiration of Hart-Scott-Rodino Waiting Period (TSE:FTS)
www.publicnow.com - August 12 at 8:07 AM
fool.ca logoFortis Inc. Is Not Your Typical Utility Stock (TSE:FTS)
www.fool.ca - August 11 at 5:21 PM
finance.yahoo.com logoFortisBC receives BCUC return on equity and common equity component decision (TSE:FTS)
finance.yahoo.com - August 11 at 8:04 AM
fool.ca logoFortis Inc. Is Great but There’s 1 Problem (TSE:FTS)
www.fool.ca - August 10 at 12:33 PM
finance.yahoo.com logoEdited Transcript of FTS.TO earnings conference call or presentation 29-Jul-16 2:30pm GMT (TSE:FTS)
finance.yahoo.com - July 29 at 10:41 PM
nasdaq.com logoFortis Inc. Bottom Line Climbs 7% In Q2 (TSE:FTS)
www.nasdaq.com - July 29 at 5:14 PM
nasdaq.com logoFortis Inc. Bottom Line Climbs 7% In Q2 - Nasdaq (TSE:FTS)
www.nasdaq.com - July 29 at 12:12 PM
biz.yahoo.com logoQ2 2016 Fortis Inc Earnings Release - Before Market Open (TSE:FTS)
biz.yahoo.com - July 29 at 7:07 AM
fool.ca logoLet Fortis Inc. Work for Your Portfolio (TSE:FTS)
www.fool.ca - July 28 at 9:38 PM
publicnow.com logoFortis Inc. Announces Third Quarter Dividends-2016 and Redemption of Series "E" First Preference Shares (TSE:FTS)
www.publicnow.com - July 28 at 4:48 PM
fool.ca logo2 Reasons to Love Fortis Inc. - The Motley Fool Canada (TSE:FTS)
www.fool.ca - July 28 at 5:15 AM
breakingfinancenews.com logoCSFB issued a report on (TSE:FTS) Fortis Inc, hiking its target price to $46 today - Breaking Finance News (TSE:FTS)
breakingfinancenews.com - July 28 at 5:15 AM
fool.ca logo2 Reasons to Love Fortis Inc. (TSE:FTS)
www.fool.ca - July 27 at 5:20 PM
publicnow.com logoDouglas J. Haughey to Replace David G. Norris as Chair of Board of Directors of Fortis Inc. Effective September 1, 2016 (TSE:FTS)
www.publicnow.com - July 27 at 7:48 AM
breakingfinancenews.com logoCSFB issued a report on (TSE:FTS) Fortis Inc, hiking its target price to $46 today (TSE:FTS)
breakingfinancenews.com - July 27 at 5:58 AM
publicnow.com logoMedia Advisory: Fortis Inc. to Hold Teleconference on July 29 to Discuss Second Quarter 2016 Results (TSE:FTS)
www.publicnow.com - July 26 at 2:18 PM
forbes.com logoFortis' Preference Series F Shares Cross 5% Yield Mark (TSE:FTS)
www.forbes.com - July 22 at 3:27 PM
News IconCIBC World Markets Cuts Fortis Inc (TSE:FTS) To Sector Perform - Consumer Eagle (TSE:FTS)
www.consumereagle.com - July 20 at 6:31 PM
fool.ca logoGrow Your Portfolio Quietly and Securely With Fortis Inc. (TSE:FTS)
www.fool.ca - July 19 at 5:15 PM
capitalcube.com logoETF’s with exposure to Fortis, Inc. (Canada) : July 19, 2016 (TSE:FTS)
www.capitalcube.com - July 19 at 12:26 PM
fool.ca logoGrow Your Portfolio Quietly and Securely With Fortis Inc. - The Motley Fool Canada (TSE:FTS)
www.fool.ca - July 18 at 5:18 PM
News IconFortis Inc Stock Price Declines Today - Press Telegraph (TSE:FTS)
presstelegraph.com - July 15 at 4:07 PM
News IconHow Many Fortis Inc (TSE:FTS)'s Analysts Are Bearish? - Press Telegraph (TSE:FTS)
presstelegraph.com - July 15 at 5:16 AM
nasdaq.com logoFortis' Preference Series J Shares Cross 5% Yield Mark (TSE:FTS)
www.nasdaq.com - July 14 at 10:28 PM
marketwired.com logoFortis Inc. to Hold Teleconference on July 29 to Discuss Second Quarter 2016 Results - Marketwired (press release) (TSE:FTS)
www.marketwired.com - July 14 at 8:29 AM
4-traders.com logoFortis Inc. : to Hold Teleconference on July 29 to Discuss Second Quarter 2016 Results (TSE:FTS)
www.4-traders.com - July 13 at 5:27 PM
publicnow.com logoFortis Inc. to Hold Teleconference on July 29 to Discuss Second Quarter 2016 Results (TSE:FTS)
www.publicnow.com - July 13 at 2:48 PM
marketwired.com logoFortis Inc. Announces Completion of CFIUS Review of ITC Acquisition - Marketwired (press release) (TSE:FTS)
www.marketwired.com - July 12 at 5:20 PM
News IconWhat Will Happen to Fortis Inc Next? The Stock Just Increased A Lot - Consumer Eagle (TSE:FTS)
www.consumereagle.com - July 12 at 5:20 PM
streetinsider.com logoForm 6-K Fortis Inc. For: Jul 11 - StreetInsider.com (TSE:FTS)
www.streetinsider.com - July 11 at 9:52 AM
publicnow.com logoFortis Inc. Announces Completion of CFIUS Review of ITC Acquisition (TSE:FTS)
www.publicnow.com - July 11 at 8:33 AM
News IconWere Analysts Bearish Fortis Inc (TSE:FTS) This Week? - Press Telegraph (TSE:FTS)
presstelegraph.com - July 8 at 5:40 AM
reuters.com logoGoldman Sachs, Barclays top Canadian M&A rankings in first half - Reuters (TSE:FTS)
www.reuters.com - July 7 at 5:08 PM

Social

Fortis (TSE:FTS) Chart for Wednesday, August, 31, 2016


Last Updated on 8/31/2016 by MarketBeat.com Staff