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 Friday, February 14th. Investors of record on Sunday, March 1st will be given a dividend of 0.4775 per share on Sunday, March 1st. This represents a $1.91 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Friday, February 14th. This is a positive change from Fortis's previous quarterly dividend of $0.48. View Fortis' Dividend History.

Fortis Inc (TSE:FTS) announced its quarterly earnings data on Friday, November, 2nd. The company reported $0.65 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.65. The business had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $2.14 billion. View Fortis' Earnings History.

Fortis is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Fortis.

7 brokerages have issued twelve-month target prices for Fortis' shares. Their forecasts range from C$52.00 to C$64.00. On average, they expect Fortis' share price to reach C$59.50 in the next twelve months. This suggests a possible upside of 4.2% 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.

News headlines about FTS stock have trended somewhat negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Fortis earned a news impact score of -1.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. 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), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), 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$57.12.

Fortis has a market capitalization of C$26.46 billion and generates C$8.78 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.