TSE:FTS Fortis (FTS) Stock Price, News & Analysis C$56.73 +0.44 (+0.78%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$56.35▼C$56.8250-Day RangeC$52.33▼C$56.7352-Week RangeC$49.82▼C$57.73Volume1.45 million shsAverage Volume1.60 million shsMarket CapitalizationC$27.97 billionP/E Ratio18.12Dividend Yield4.16%Price TargetC$57.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Fortis alerts: Email Address Fortis MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.6% UpsideC$57.63 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.34Based on 16 Articles This WeekInsider TradingAcquiring SharesC$36,659 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.77 out of 5 stars 1.0 Analyst's Opinion Consensus RatingFortis has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageFortis has only been the subject of 2 research reports in the past 90 days.Read more about Fortis' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for FTS. Previous Next 1.7 Dividend Strength Dividend LeadershipFortis is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFortis does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Fortis is 75.40%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Fortis' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FTS. Previous Next 2.4 News and Social Media Coverage News SentimentFortis has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Fortis this week, compared to 3 articles on an average week.Search Interest8 people have searched for FTS on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Fortis to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fortis insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$36,659.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of Fortis is held by insiders.Percentage Held by Institutions58.04% of the stock of Fortis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Fortis' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Fortis is 18.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortis is 18.12, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.53.Price to Earnings Growth RatioFortis has a PEG Ratio of 2.80. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFortis has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Fortis' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report About Fortis Stock (TSE:FTS)Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 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 five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.Read More FTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FTS Stock News HeadlinesJuly 26 at 7:53 PM | theglobeandmail.comClosing Bell: Fortis Inc Pref Shares Series F up on Thursday (FTS-PR-F)July 26 at 7:53 PM | msn.comTFSA: 2 Dividend-Growth Stocks to Own for 25 YearsJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 26 at 7:47 AM | americanbankingnews.comFortis Inc. to Post Q2 2024 Earnings of $0.65 Per Share, National Bank Financial Forecasts (TSE:FTS)July 26 at 4:57 AM | theglobeandmail.comClosing Bell: Fortis Inc Pref Ser I up on Wednesday (FTS-PR-I)July 25 at 1:55 PM | msn.com3 of the Top Dividend Stocks in CanadaJuly 23 at 4:00 AM | theglobeandmail.comClosing Bell: Fortis Inc up on Monday (FTS)July 23 at 1:27 AM | americanbankingnews.comFortis Inc. (TSE:FTS) Receives Consensus Rating of "Hold" from AnalystsJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 22, 2024 | fool.caRetirees: Here’s How to Boost Your CPP PensionJuly 20, 2024 | theglobeandmail.comClosing Bell: Fortis Inc Pref Ser K up on Friday (FTS-PR-K)July 20, 2024 | ca.finance.yahoo.comFTS Aug 2024 20.000 putJuly 20, 2024 | theglobeandmail.comClosing Bell: Fortis Inc Pref Ser M down on Friday (FTS-PR-M)July 19, 2024 | fool.caForget Fortis Stock: Buy This Magnificent Utilities Stock InsteadJuly 19, 2024 | marketwatch.comFortis Inc. stock falls Friday, underperforms marketJuly 16, 2024 | americanbankingnews.comFortis (TSE:FTS) Share Price Crosses Above Two Hundred Day Moving Average of $53.82May 29, 2024 | msn.comWant Decades of Passive Income? 2 Stocks to Buy Right NowMay 28, 2024 | msn.comFortis lines up Rs 1,300 cr capex to expand existing hospitalsSee More Headlines Receive FTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortis and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Ex-Dividend for 6/1 Dividend5/16/2024Dividend Payable6/01/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Regulated Electric Sub-IndustryN/A Current SymbolTSE:FTS CUSIPN/A CIKN/A Webwww.fortisinc.com Phone+1-709-7372800FaxN/AEmployees9,598Year FoundedN/APrice Target and Rating Average Stock Price TargetC$57.63 High Stock Price TargetC$61.50 Low Stock Price TargetC$50.00 Potential Upside/Downside+1.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.13 Trailing P/E Ratio18.14 Forward P/E Ratio17.70 P/E Growth2.8Net IncomeC$1.53 billion Net Margins14.11% Pretax MarginN/A Return on Equity7.38% Return on Assets3.02% Debt Debt-to-Equity Ratio128.89 Current Ratio0.60 Quick Ratio0.36 Sales & Book Value Annual SalesC$11.32 billion Price / Sales2.47 Cash FlowC$0.86 per share Price / Cash Flow65.80 Book ValueC$41.62 per share Price / Book1.36Miscellaneous Outstanding Shares493,000,000Free FloatN/AMarket CapC$27.99 billion OptionableNot Optionable Beta0.18 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. David Gerard Hutchens (Age 57)President, CEO & Director Comp: $6.06MMs. Jocelyn H. Perry (Age 53)Executive VP & CFO Comp: $2.14MMr. Gary J. Smith (Age 62)Executive Vice President of Operations & Innovation Comp: $1.86MMr. James R. ReidExecutive VP of Sustainability & Chief Legal OfficerMr. Stuart R. Lochray (Age 51)Senior Vice President of Capital Markets & Business Development Comp: $1.23MMr. Kevin D. WoodburyVice President of Innovation & TechnologyMs. Keri L. GlitchChief Information Officer & VPMs. Stephanie A. AmaimoVice President of Investor RelationsMs. Karen M. McCarthy BPRM.Ed, Vice President of Communications and Government RelationsMs. Tanya Nicole FinlayVice President of People & CultureMore ExecutivesKey CompetitorsHydro OneTSE:HEmeraTSE:EMACaribbean UtilitiesTSE:CUP.UCrius Energy UntTSE:KWH.UNBrookfield Infrastructure PartnersTSE:BIP.UNView All CompetitorsInsidersJames ReidBought 700 shares on 6/19/2024Total: C$36,659.00 ($52.37/share)Brian SlocumBought 1,888 shares on 3/5/2024Total: C$73,971.65 ($39.18/share)Margarita DilleyBought 960 shares on 2/29/2024Total: C$37,027.20 ($38.57/share)Ronald HinsleySold 972 sharesTotal: C$37,706.21 ($38.79/share)Julie DobsonBought 3 shares on 2/26/2024Total: C$116.13 ($38.71/share)View All Insider Transactions FTS Stock Analysis - Frequently Asked Questions How have FTS shares performed this year? Fortis' stock was trading at C$54.51 at the beginning of the year. Since then, FTS shares have increased by 4.1% and is now trading at C$56.73. View the best growth stocks for 2024 here. How were Fortis' earnings last quarter? Fortis Inc. (TSE:FTS) announced its quarterly earnings results on Wednesday, May, 1st. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.04. The firm had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.34 billion. Fortis had a net margin of 14.11% and a trailing twelve-month return on equity of 7.38%. How do I buy shares of Fortis? Shares of FTS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of Fortis own? Based on aggregate information from My MarketBeat watchlists, some other companies that Fortis investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), TELUS (T), BCE (BCE) and Bank of Montreal (BMO). This page (TSE:FTS) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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