TSE:FTS - Fortis Stock Price, Forecast & News

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

Fortis announced a quarterly dividend on Tuesday, September 10th. Stockholders of record on Tuesday, November 19th will be given a dividend of 0.477 per share on Sunday, December 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend is Monday, November 18th. This is an increase from Fortis's previous quarterly dividend of $0.45. View Fortis' Dividend History.

Fortis Inc (TSE:FTS) posted its earnings results on Friday, November, 1st. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.01. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.10 billion. View Fortis' Earnings History.

Fortis is scheduled to release their next quarterly earnings announcement on Friday, February 21st 2020. View Earnings Estimates for Fortis.

7 brokers have issued 12 month price objectives for Fortis' stock. Their forecasts range from C$52.00 to C$59.00. On average, they anticipate Fortis' share price to reach C$55.80 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Fortis.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fortis.

Media headlines about FTS stock have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fortis earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Fortis.

Some companies that are related to Fortis include Innogy (IGY), Hydro One (H), Capital Power (CPX), Spark Infrastructure Group (SKI), ERM Power (EPW), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Pacific Energy (PEA), Locality Planning Energy (LPE), Synex International (SXI), Greencoat Renewables (GRP), Renu Energy (RNE), Plutus Powergen (PPG), Capital Power (CPXWF) and Caribbean Utilities (CUPUF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortis investors own include Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), BCE (BCE), Emera (EMA), Suncor Energy (SU), TELUS (T), Bank of Montreal (BMO) and Canadian National Railway (CNR).

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.

One share of FTS stock can currently be purchased for approximately C$55.65.

Fortis has a market capitalization of C$25.76 billion and generates C$8.66 billion in revenue each year. Fortis employs 8,800 workers across the globe.View Additional Information About Fortis.

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

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.