TSE:FTS - Fortis Stock Price, News, & Analysis

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C$49.83 +0.20 (+0.40 %)
(As of 03/26/2019 04:00 PM ET)
Previous CloseC$49.63
Today's RangeC$49.58 - C$49.86
52-Week RangeC$40.21 - C$49.98
Volume640,646 shs
Average Volume1.21 million shs
Market CapitalizationC$21.36 billion
P/E Ratio19.24
Dividend Yield3.63%
BetaN/A
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. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 64 MW; and distributes natural gas to approximately 1,030,000 customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 564,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador serving approximately 268,000 customers with an installed generating capacity of 139 MW; and on Prince Edward Island serving approximately 81,000 customers through generating facilities with a combined capacity of 145 MW. Additionally, it provides integrated electric utility service to approximately 176,000 customers in British Columbia; approximately 268,000 customers in Newfoundland and Labrador; approximately 30,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos, as well as holds long-term contracted generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility. It also owns and operates transmission and distribution lines; and natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

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Industry, Sector and Symbol

Industry Utilities - Regulated Electric
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone+1-709-7372800

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$8.39 billion
Cash FlowC$0.79 per share
Book ValueC$34.80 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$21.36 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Fortis (TSE:FTS) Frequently Asked Questions

What is Fortis' stock symbol?

Fortis trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FTS."

How often does Fortis pay dividends? What is the dividend yield for Fortis?

Fortis declared a quarterly dividend on Thursday, February 14th. Investors of record on Friday, May 17th will be given a dividend of 0.45 per share on Saturday, June 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Thursday, May 16th. View Fortis' Dividend History.

How were Fortis' earnings last quarter?

Fortis Inc (TSE:FTS) posted its quarterly earnings data on Friday, February, 15th. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.61 by $0.05. The business had revenue of $2.21 billion for the quarter, compared to analysts' expectations of $1.97 billion. View Fortis' Earnings History.

When is Fortis' next earnings date?

Fortis is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Fortis.

What price target have analysts set for FTS?

6 brokerages have issued 1 year price objectives for Fortis' stock. Their predictions range from C$48.00 to C$55.00. On average, they anticipate Fortis' stock price to reach C$49.78 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for Fortis.

What is the consensus analysts' recommendation for Fortis?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fortis.

Has Fortis been receiving favorable news coverage?

News articles about FTS stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fortis earned a news impact score of -1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

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 BCE (BCE), Royal Bank of Canada (RY), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Emera (EMA), Canadian National Railway (CNR), Sun Life Financial (SLF), Manulife Financial (MFC) and Suncor Energy (SU).

Who are Fortis' key executives?

Fortis' management team includes the folowing people:
  • Mr. Barry V. Perry, Pres, CEO & Director (Age 54)
  • Mr. James P. Laurito, Exec. VP of Bus. Devel. (Age 63)
  • Ms. Nora M. Duke CA, Exec. VP of Sustainability & Chief Human Resource Officer (Age 57)
  • Ms. Jocelyn H. Perry, Exec. VP & CFO
  • Hafiz Ginger Happe, Exec. VP & Chief Information Officer

How do I buy shares of Fortis?

Shares of FTS and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Fortis' stock price today?

One share of FTS stock can currently be purchased for approximately C$49.83.

How big of a company is Fortis?

Fortis has a market capitalization of C$21.36 billion and generates C$8.39 billion in revenue each year.

What is Fortis' official website?

The official website for Fortis is https://www.fortisinc.com.

How can I contact Fortis?

Fortis' mailing address is 5 Fortis Place Suite 1100, Stn a PO Box 8837, ST. JOHNS, NL A1B 3T2, Canada. The company can be reached via phone at +1-709-7372800.


MarketBeat Community Rating for Fortis (TSE FTS)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  461 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  822
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 3/26/2019 by MarketBeat.com Staff

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