TSE:FTS - Fortis Stock Price, Forecast & News

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

Fortis declared a quarterly dividend on Tuesday, September 10th. Stockholders of record on Tuesday, November 19th will be paid 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 3.37%. The ex-dividend date is Monday, November 18th. This is a boost from Fortis's previous quarterly dividend of $0.45. View Fortis' Dividend History.

Fortis Inc (TSE:FTS) announced its quarterly earnings data on Friday, November, 1st. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The company earned $2.05 billion during 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 equities research analysts have issued twelve-month price targets for Fortis' shares. Their forecasts range from C$52.00 to C$59.00. On average, they anticipate Fortis' stock price to reach C$55.80 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. 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.

News headlines about FTS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fortis earned a coverage optimism score of 0.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate 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$56.59.

Fortis has a market capitalization of C$26.19 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.