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

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C$42.28 +0.34 (+0.81 %)
(As of 09/21/2018 04:00 PM ET)
Previous CloseC$41.94
Today's RangeC$41.95 - C$42.56
52-Week RangeC$39.38 - C$48.73
Volume2.43 million shs
Average Volume959,171 shs
Market CapitalizationC$18.12 billion
P/E RatioN/A
Dividend Yield4.05%
Beta-0.02
Fortis logoFortis 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 422,000 retail customers in southeastern Arizona; and 96,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 2,834 megawatts (MW), including 64 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 1,008,000 customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 556,000 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 266,000 customers with an installed generating capacity of 139 MW; and on Prince Edward Island serving approximately 80,000 customers through generating facilities with a combined capacity of 145 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 44,000 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

Stock Exchange TSE
Industry Utilities - Regulated Electric
Sub-IndustryN/A
SectorUtilities
SymbolTSE:FTS
CUSIPN/A
Phone+1-709-7372800

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins16.89%
Return on Equity8.20%
Return on Assets2.73%

Miscellaneous

EmployeesN/A
Outstanding Shares424,800,000
Market CapC$18.12 billion

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 Wednesday, July 25th. Stockholders of record on Tuesday, August 21st will be given a dividend of 0.425 per share on Saturday, September 1st. This represents a $1.70 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend is Monday, August 20th. View Fortis' Dividend History.

How were Fortis' earnings last quarter?

Fortis Inc (TSE:FTS) released its earnings results on Tuesday, July, 31st. The company reported $0.57 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.57. The company earned $1.95 billion during the quarter, compared to the consensus estimate of $2.06 billion. Fortis had a return on equity of 8.20% and a net margin of 16.89%. View Fortis' Earnings History.

When is Fortis' next earnings date?

Fortis is scheduled to release their next quarterly earnings announcement on Friday, November, 2nd 2018. View Earnings Estimates for Fortis.

What price target have analysts set for FTS?

6 equities research analysts have issued 1 year price targets for Fortis' shares. Their predictions range from C$44.00 to C$49.00. On average, they expect Fortis' stock price to reach C$47.43 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. 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 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fortis.

Who are some of Fortis' key competitors?

Who are Fortis' key executives?

Fortis' management team includes the folowing people:
  • Mr. Barry V. Perry, Pres, CEO & Director (Age 53)
  • Ms. Nora M. Duke CA, Exec. VP of Sustainability & Chief Human Resource Officer (Age 56)
  • Mr. James P. Laurito, Exec. VP of Bus. Devel. (Age 62)
  • Ms. Jocelyn H. Perry, Exec. VP & CFO
  • Mr. Phonse J. Delaney, Exec. VP & Chief Information Officer (Age 54)

Has Fortis been receiving favorable news coverage?

News stories about FTS stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Fortis earned a coverage optimism score of 0.18 on Accern's scale. They also assigned press coverage about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Fortis.

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$42.28.

How big of a company is Fortis?

Fortis has a market capitalization of C$18.12 billion.

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:  2.6 out of 5 (star star)
Outperform Votes:  360 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  680
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 9/21/2018 by MarketBeat.com Staff

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