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: $42.35
  • 50 Day Moving Average: $42.16
  • 200 Day Moving Average: $41.48
  • 52-Week Range: C$35.51 - C$44.87
  • Trailing P/E Ratio: 21.55
  • P/E Growth: 4.96
  • Market Cap: $12.05B
  • Outstanding Shares: 284,500,000
Additional Links:

Analyst Ratings

Consensus Ratings for Fortis (TSE:FTS) (?)
Ratings Breakdown: 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.56)
Consensus Price Target: C$46.30

Analysts' Ratings History for Fortis (TSE:FTS)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016Raymond James Financial Inc.Reiterated RatingOutperformC$50.00View Rating Details
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 9/26/2014 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: $1.66 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.66$0.66$0.66
Q2 20161$0.47$0.47$0.47
Q3 20161$0.47$0.47$0.47
Q4 20161$0.56$0.56$0.56
Q1 20171$0.73$0.73$0.73
Q2 20171$0.61$0.61$0.61
Q3 20171$0.55$0.55$0.55
Q4 20171$0.63$0.63$0.63
(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
News IconFortis a big step closer to closing U.S. deal (TSE:FTS)
www.thetelegram.com - September 26 at 5:19 PM
News IconFortis gets approval to buy Michigan electric company (TSE:FTS)
www.standard-freeholder.com - September 26 at 5:19 PM
moodys.com logoFortis Inc. -- Moody's assigns new Baa3 ratings to Fortis Inc; outlook stable (TSE:FTS)
www.moodys.com - September 26 at 5:19 PM
rttnews.com logoFederal Energy Regulatory Commission Authorizes ITC Acquisition By Fortis (TSE:FTS)
www.rttnews.com - September 26 at 9:50 AM
4-traders.com logoFortis : gets key regulatory approval to buy U.S. electric grid based in Michigan (TSE:FTS)
www.4-traders.com - September 26 at 9:50 AM
publicnow.com logoFortis Inc. and GIC Acquisition of ITC Holdings Corp. Authorized by the Federal Energy Regulatory Commission (TSE:FTS)
www.publicnow.com - September 26 at 9:50 AM
streetinsider.com logoForm 425 ITC Holdings Corp. Filed by: Fortis Inc. (TSE:FTS)
www.streetinsider.com - September 23 at 4:51 PM
nasdaq.com logoFortis' Preference Series G Shares Cross 5.5% Yield Mark (TSE:FTS)
www.nasdaq.com - September 23 at 4:51 PM
capitalcube.com logoFortis, Inc. (Canada) breached its 50 day moving average in a Bullish Manner : FTS-CA : September 23, 2016 (TSE:FTS)
www.capitalcube.com - September 23 at 10:07 AM
fool.ca logoCanadian Investors: 2 Dividend-Growth Stocks to Help You Build TFSA Wealth - The Motley Fool Canada (TSE:FTS)
www.fool.ca - September 22 at 10:42 AM
finance.yahoo.com logoSempra IEnova Gets Nod for Acquiring PEMEX's Stake in JV - Yahoo Finance (TSE:FTS)
finance.yahoo.com - September 22 at 10:42 AM
News IconRBC Capital Reiterates “Outperform” Rating for Fortis (FTS) - Petro Global News 24 (TSE:FTS)
petroglobalnews24.com - September 21 at 5:37 PM
fool.ca logoFortis Inc.: Time to Buy and Forget This Attractive Stock - The Motley Fool Canada (TSE:FTS)
www.fool.ca - September 21 at 5:37 PM
fool.ca logoFortis Inc.: Time to Buy and Forget This Attractive Stock (TSE:FTS)
www.fool.ca - September 21 at 9:21 AM
fool.ca logoHow to Choose Between Income and Growth - The Motley Fool Canada (TSE:FTS)
www.fool.ca - September 20 at 8:59 AM
News IconBrokerages gives Consensus Recommendation of “Buy” to Fortis Inc (TSE:FTS) - DailyQuint (TSE:FTS)
dailyquint.com - September 20 at 8:59 AM
fool.ca logoHow to Choose Between Income and Growth (TSE:FTS)
www.fool.ca - September 19 at 4:04 PM
capitalcube.com logoETF’s with exposure to Fortis, Inc. (Canada) : September 19, 2016 (TSE:FTS)
www.capitalcube.com - September 19 at 4:04 PM
4-traders.com logoFortis : Missouri PSC approves $11.3B Fortis acquisition of ITC (TSE:FTS)
www.4-traders.com - September 17 at 9:48 AM
streetinsider.com logoMissouri Public Service Commission Approves Fortis, ITC Holdings (ITC) Merger (TSE:FTS)
www.streetinsider.com - September 15 at 5:29 PM
prnewswire.com logoFortis Inc. Acquisition of ITC Holdings Corp. Approved by Missouri ... - PR Newswire (press release) (TSE:FTS)
www.prnewswire.com - September 15 at 8:10 AM
forbes.com logoOversold Conditions For Fortis (FTS) - Forbes (TSE:FTS)
www.forbes.com - September 15 at 8:10 AM
publicnow.com logoFortis Inc. Acquisition of ITC Holdings Corp. Approved by Missouri Public Service Commission (TSE:FTS)
www.publicnow.com - September 15 at 8:10 AM
News IconFitzgerald Joins Energy Impact Partners as Chief Utility Officer (TSE:FTS)
www.elp.com - September 14 at 9:22 AM
News IconOpus One Solutions Receives Strategic Investment from Energy Impact Partners to Accelerate Growth (TSE:FTS)
www.energycentral.com - September 14 at 9:22 AM
forbes.com logoOversold Conditions For Fortis (FTS) (TSE:FTS)
www.forbes.com - September 14 at 9:22 AM
News IconResearch Reports Initiated on Utilities Stocks Fortis, Hydro One, Canadian Utilities, and TransAlta Renewables (TSE:FTS)
news.investornetwork.com - September 13 at 9:56 AM
fool.ca logo3 Big Reasons Why I’m Avoiding Fortis Inc. (TSE:FTS)
www.fool.ca - September 12 at 4:56 PM
4-traders.com logoCIBC World Markets Cuts Fortis Inc (TSE:FTS) To Sector Perform (TSE:FTS)
www.4-traders.com - September 9 at 4:58 PM
fool.ca logo3 Reasons Why Fortis Inc. Belongs in Every Portfolio (TSE:FTS)
www.fool.ca - September 8 at 8:59 AM
News IconKevin C. Fitzgerald Joins Energy Impact Partners as Chief Utility Officer - Power Engineering Magazine (TSE:FTS)
www.power-eng.com - September 7 at 8:29 AM
fool.ca logo3 Reasons Why Fortis Inc. Belongs in Every Portfolio - The Motley Fool Canada (TSE:FTS)
www.fool.ca - September 6 at 5:05 PM
News IconKevin C. Fitzgerald Joins Energy Impact Partners as Chief Utility Officer - Yahoo Sports (TSE:FTS)
sports.yahoo.com - September 6 at 9:54 AM
finance.yahoo.com logoKevin C. Fitzgerald Joins Energy Impact Partners as Chief Utility Officer (TSE:FTS)
finance.yahoo.com - September 6 at 9:54 AM
fool.ca logo3 Advantages of Investing in Dividend Stocks - The Motley Fool Canada (TSE:FTS)
www.fool.ca - September 2 at 5:01 PM
benzinga.com logoFortis Inc. President and CEO Barry Perry to present at Barclays CEO Energy-Power Conference - Benzinga (TSE:FTS)
www.benzinga.com - September 2 at 5:01 PM
finance.yahoo.com logoFortis Inc. President and CEO Barry Perry to present at Barclays CEO Energy-Power Conference (TSE:FTS)
finance.yahoo.com - September 2 at 5:01 PM
fool.ca logoIs the Pullback in Fortis Inc. a Buying Opportunity? - The Motley Fool Canada (TSE:FTS)
www.fool.ca - September 2 at 10:00 AM
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

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Fortis (TSE:FTS) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff