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 and Aitken Creek Gas Storage LLC, a provider of natural gas transmission and storage services.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: FTS
  • CUSIP:
Key Metrics:
  • Previous Close: $42.73
  • 50 Day Moving Average: $41.77
  • 200 Day Moving Average: $41.71
  • 52-Week Range: C$37.22 - C$44.87
  • Trailing P/E Ratio: 22.62
  • P/E Growth: 2.44
  • Market Cap: $17.16B
  • Outstanding Shares: 401,600,000
Additional Links:

Analyst Ratings

Consensus Ratings for Fortis (TSE:FTS) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$48.63

Analysts' Ratings History for Fortis (TSE:FTS)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017ScotiabankReiterated RatingOutperformC$48.00View Rating Details
2/17/2017CIBCUpgradeNeutral -> OutperformView Rating Details
2/17/2017DesjardinsBoost Price TargetBuyC$46.00 -> C$48.00View Rating Details
2/17/2017TD SecuritiesBoost Price TargetBuyC$46.00 -> C$48.00View Rating Details
1/24/2017Royal Bank of CanadaReiterated RatingOutperformC$52.00View Rating Details
1/17/2017Raymond James Financial, Inc.DowngradeOutperform -> Mkt PerformView Rating Details
7/25/2016CSFBBoost Price TargetC$42.00 -> C$46.00View Rating Details
7/7/2016BMO Capital MarketsBoost Price TargetC$46.00 -> C$49.00View Rating Details
2/10/2016Credit Suisse GroupDowngradeNeutralC$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 2/24/2015 forward)

Earnings

Earnings History for Fortis (TSE:FTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
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: $2.51 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.66$0.66$0.66
Q2 20161$0.47$0.47$0.47
Q3 20162$0.53$0.54$0.54
Q4 20162$0.48$0.63$0.56
Q1 20172$0.72$0.73$0.73
Q2 20172$0.60$0.61$0.61
Q3 20171$0.54$0.54$0.54
Q4 20171$0.64$0.64$0.64
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Fortis (TSE:FTS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2017quarterlyC$0.405/19/20176/1/2017
2/14/2017QuarterlyC$0.403.9%2/14/20173/1/20173/1/2017
9/27/2016quarterlyC$0.403.7%11/16/201611/18/201612/1/2016
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
News IconTicker Watch: Technical Views on Shares of Fortis Inc (FTS.TO) - Midway Monitor (TSE:FTS)
midwaymonitor.com - February 23 at 5:19 PM
capitalcube.com logoFortis, Inc. (Canada) :FTS-CA: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (TSE:FTS)
www.capitalcube.com - February 22 at 5:34 PM
finance.yahoo.com logoPower Up Your Portfolio With Fortis Inc. (TSE:FTS)
ca.finance.yahoo.com - February 22 at 11:14 AM
News IconFortis Inc. (FTS) Upgraded to Outperform by CIBC (TSE:FTS)
mundoaguaysaneamiento.net - February 17 at 3:53 PM
News IconThe Big Guys Cash Out, The Little Guys Crash Out (TSE:FTS)
www.guerillastocktrading.com - February 17 at 8:56 AM
4-traders.com logoFORTIS : TO HOLD TELECONFERENCE ON FEBRUARY 16 TO DISCUSS 2016 ANNUAL RESULTS (TSE:FTS)
www.4-traders.com - February 17 at 8:56 AM
News IconFortis Inc. (FTS) Rating Increased to Outperform at CIBC (TSE:FTS)
www.graffiotech.com - February 17 at 8:56 AM
finance.yahoo.com logoHow to Protect Your Portfolio From Stock Market Crashes (TSE:FTS)
ca.finance.yahoo.com - February 16 at 10:17 PM
4-traders.com logoFortis : posts 4Q profit (TSE:FTS)
www.4-traders.com - February 16 at 10:17 PM
seekingalpha.com logoFortis' (FTS) CEO Barry Perry on Q4 2016 Results - Earnings Call Transcript (TSE:FTS)
seekingalpha.com - February 16 at 10:17 PM
finance.yahoo.com logoEdited Transcript of FTS.TO earnings conference call or presentation 16-Feb-17 1:30pm GMT (TSE:FTS)
finance.yahoo.com - February 16 at 10:17 PM
finance.yahoo.com logoEdited Transcript of FTS.TO earnings conference call or presentation 16-Feb-17 1:30pm GMT (TSE:FTS)
finance.yahoo.com - February 16 at 10:17 PM
biz.yahoo.com logoQ4 2016 Fortis Inc Earnings Release - Before Market Open (TSE:FTS)
biz.yahoo.com - February 16 at 5:16 PM
finance.yahoo.com logoFortis Inc. Files 2016 Year-End Disclosure Documents (TSE:FTS)
finance.yahoo.com - February 16 at 5:16 PM
News IconMoving Averages in Focus on Shares of Fortis Inc. (FTS.TO) - Benton Bulletin (TSE:FTS)
bentonbulletin.com - February 14 at 6:23 PM
marketwired.com logoAdvisory: Fortis Inc. to Hold Teleconference on February 16 to Discuss 2016 Annual Results - Marketwired (press release) (TSE:FTS)
www.marketwired.com - February 14 at 6:23 PM
nasdaq.com logoFortis (FTS) Shares Cross Below 200 DMA - Nasdaq - Nasdaq (TSE:FTS)
www.nasdaq.com - February 14 at 6:23 PM
finance.yahoo.com logoAdvisory: Fortis Inc. to Hold Teleconference on February 16 to Discuss 2016 Annual Results (TSE:FTS)
finance.yahoo.com - February 14 at 6:23 PM
News IconInvestors are Following Shares of Fortis Inc. (TSX:FTS) - Midway Monitor (TSE:FTS)
midwaymonitor.com - February 14 at 4:13 AM
nasdaq.com logoFortis Inc. (FTS) Ex-Dividend Date Scheduled for February 14, 2017 - Nasdaq (TSE:FTS)
www.nasdaq.com - February 13 at 11:13 AM
News IconEquity Sheet: Reviewing the Levels for Fortis Inc. (TSX:FTS) - Baxter Review (TSE:FTS)
baxternewsreview.com - February 10 at 5:57 PM
News IconChart Watch for Fortis Inc. (TSX:FTS) - Davidson Register (TSE:FTS)
davidsonregister.com - February 10 at 4:05 AM
fool.ca logoWhy Is Fortis Inc. a Top Stock for Conservative Investors? - The Motley Fool Canada (TSE:FTS)
www.fool.ca - February 9 at 3:57 AM
finance.yahoo.com logoWhy Is Fortis Inc. a Top Stock for Conservative Investors? (TSE:FTS)
ca.finance.yahoo.com - February 8 at 5:53 PM
News IconChecking the Numbers on Fortis Inc. (TSX:FTS) - Sherwood Daily (TSE:FTS)
sherwooddaily.com - February 7 at 8:45 PM
News IconADX Update on These Shares: Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - February 6 at 5:22 PM
News IconSADIF Analytics releases new summary due diligence report for Fortis Inc ($FTS). (TSE:FTS)
reports.pr-inside.com - February 3 at 5:42 PM
finance.yahoo.com logoRRSP Investors: 2 Dividend Stocks to Buy in February (TSE:FTS)
ca.finance.yahoo.com - February 2 at 5:51 PM
News IconStock to Watch: Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - February 1 at 5:57 PM
News IconShares in the Spotlight: Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - January 30 at 6:01 PM
News IconInside the Numbers: Looking at This Stock: Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 30 at 11:57 AM
finance.yahoo.com logo2 Dividend-Growth Stocks to Put in Your TFSA for Decades (TSE:FTS)
ca.finance.yahoo.com - January 28 at 12:07 AM
News IconTracking the Numbers for Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - January 27 at 7:07 PM
News IconAverage Directional Index in Review for Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 26 at 3:28 PM
News IconTechnical Buzz on Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - January 26 at 3:28 PM
News IconTechnicals in Focus for Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 25 at 4:35 PM
News IconInvestors are Keeping Tabs on Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - January 25 at 4:35 PM
News IconStock Volatility Review for Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - January 24 at 11:03 PM
News IconInvestor Focus on Technical Levels for Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 24 at 11:03 PM
News IconRange Watch on Technical Indicators for Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 23 at 10:42 PM
News IconStock Spotlight: Zooming in on Shares of Fortis Inc. (TSX:FTS) - Gilbert Daily (TSE:FTS)
gilbertdaily.com - January 23 at 10:42 PM
finance.yahoo.com logoGuarantee Yourself Growing Income for Life (TSE:FTS)
ca.finance.yahoo.com - January 23 at 5:40 PM
marketwired.com logoFortis Inc. to Hold Teleconference on February 16 to Discuss 2016 Annual Results - Marketwired (press release) (TSE:FTS)
www.marketwired.com - January 20 at 11:39 PM
News IconMarket Review: Indicator Watch for Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 20 at 6:38 PM
nasdaq.com logoFTS Crosses Above Key Moving Average Level - Nasdaq (TSE:FTS)
www.nasdaq.com - January 20 at 6:38 PM
finance.yahoo.com logoFortis Inc. to Hold Teleconference on February 16 to Discuss 2016 Annual Results (TSE:FTS)
finance.yahoo.com - January 20 at 6:38 PM
fool.ca logoMore Tips to Improve the Safety of Your Dividend Income (TSE:FTS)
www.fool.ca - January 20 at 12:05 AM
News IconTechnical Investor Update on Shares of Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 19 at 7:03 PM
News IconTechnical Level Spotcheck on Shares of Fortis Inc. (FTS.TO) - Rives Journal (TSE:FTS)
rivesjournal.com - January 19 at 7:03 PM
seekingalpha.com logoFortis Inc. Provides A Dependable Dividend Income - Seeking Alpha (TSE:FTS)
seekingalpha.com - January 19 at 7:03 PM

Social

What is Fortis' stock symbol?

Fortis trades on the Tornton 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 Wednesday, February 15th. Stockholders of record on Friday, May 19th will be paid a dividend of 0.40 per share on Thursday, June 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.74%.

Where is Fortis' stock going? Where will Fortis' stock price be in 2017?

5 brokers have issued 12-month target prices for Fortis' shares. Their forecasts range from C$46.00 to C$52.00. On average, they anticipate Fortis' stock price to reach C$48.63 in the next twelve months.

When will Fortis announce their earnings?

Fortis is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

How do I buy Fortis stock?

Shares of Fortis 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.

How much does a share of Fortis stock cost?

One share of Fortis stock can currently be purchased for approximately C$42.73.

Fortis (TSE:FTS) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Fortis (TSE:FTS)

Earnings History Chart

Earnings by Quarter for Fortis (TSE:FTS)

Dividend History Chart

Dividend Payments by Quarter for Fortis (TSE:FTS)

Last Updated on 2/24/2017 by MarketBeat.com Staff