Fortis 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.
Industry, Sector and Symbol
Industry Utilities - Regulated Electric
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
EPS (Most Recent Fiscal Year)N/A
Return on Equity8.20%
Return on Assets2.73%
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, February 14th. Stockholders of record on Friday, May 18th will be given a dividend of 0.425 per share on Friday, June 1st. This represents a $1.70 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend is Thursday, May 17th. View Fortis' Dividend History.
How were Fortis' earnings last quarter?
Fortis Inc. (TSE:FTS) released its earnings results on Thursday, February, 15th. The company reported $0.62 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.62. The company earned $2.11 billion during the quarter, compared to the consensus estimate of $2.18 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?
What price target have analysts set for FTS?
7 equities research analysts have issued 1 year price targets for Fortis' shares. Their predictions range from C$40.00 to C$50.00. On average, they expect Fortis' stock price to reach C$46.75 in the next twelve months. 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)
- Mr. Karl W. T. Smith CA, (B.Comm), Exec. VP & CFO (Age 59)
- 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)
- Mr. Phonse J. Delaney, Exec. VP & Chief Information Officer
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 0.14 on Accern's scale. They also assigned press coverage about the company an impact score of 45.49 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.
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$42.29.
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 (FTS)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.
Fortis (TSE:FTS) Earnings History and Estimates Chart
Fortis (TSE FTS) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/15/2018||Q4 2017||C$0.62||C$0.62||C$2.18 billion||C$2.11 billion||View||N/A|
|11/3/2017||Q3 2017||C$0.58||C$0.61||C$2.11 billion||C$1.90 billion||View||N/A|
|7/28/2017||Q2 2017||C$0.55||C$0.61||C$2.13 billion||C$2.02 billion||View||N/A|
|5/2/2017||Q1 2017||C$0.69||C$2.27 billion||View||N/A|
|2/16/2017||Q4 2016||C$0.55||C$0.64||C$2.05 billion||View||N/A|
|11/4/2016||Q3 2016||C$0.52||C$0.54||C$1.51 billion||View||N/A|
|7/29/2016||Q2 2016||C$0.47||C$0.46||C$1.48 billion||View||N/A|
|5/3/2016||Q1 2016||C$0.66||C$0.67||C$1.76 billion||View||N/A|
|2/18/2016||Q4 2015||C$0.46||C$0.48||C$1.71 billion||View||N/A|
|11/6/2015||Q3 2015||C$0.50||C$0.52||C$1.57 billion||View||N/A|
|5/5/2015||Q1 2015||C$0.65||C$0.71||C$1.92 billion||View||N/A|
|2/19/2015||Q4 2014||C$0.49||C$0.43||C$1.69 billion||View||N/A|
|11/7/2014||Q3 2014||C$0.34||C$0.33||C$1.20 billion||View||N/A|
|2/6/2014||Q4 2013||C$0.48||C$0.47||C$1.13 billion||C$1.23 billion||View||N/A|
|11/1/2013||Q3 2013||C$0.24||C$0.23||C$770.00 million||C$971.00 million||View||N/A|
|8/1/2013||Q2 2013||C$0.32||C$0.28||C$772.00 million||C$790.00 million||View||N/A|
|5/7/2013||Q1 2013||C$0.66||C$0.66||C$1.11 billion||View||N/A|
Fortis (TSE:FTS) Dividend Information
Fortis pays an annual dividend of C$1.63 per share, with a dividend yield of 3.84%. FTS's next quarterly dividend payment will be made on Friday, June 1.
Fortis (TSE:FTS) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Fortis (TSE FTS) Insider Trading and Institutional Ownership History
Fortis (TSE FTS) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/19/2018||David Gerard Hutchens||Director||Buy||16,300||C$32.74||C$533,662.00|
|2/26/2018||Gary Joseph Smith||Director||Sell||10,072||C$42.10||C$424,031.20|
|6/8/2017||Karen J Gosse||Insider||Buy||58||C$45.31||C$2,627.98|
|6/6/2017||Karl W Smith||Insider||Sell||54,024||C$45.53||C$2,459,712.72|
|7/7/2016||Michael A Mulcahy||Director||Sell||100||C$44.40||C$4,440.00|
|4/7/2016||Karen J Gosse||Insider||Buy||100||C$40.00||C$4,000.00|
|2/29/2016||Christopher F Scott||Director||Buy||400||C$37.77||C$15,108.00|
|10/21/2015||Karl W Smith||Insider||Sell||32,280||C$39.36||C$1,270,605.36|
|9/10/2015||Tracey Colleen Ball||Director||Buy||4,600||C$34.90||C$160,540.00|
|9/3/2015||David Gerard Hutchens||Director||Buy||8,888||C$26.70||C$237,308.71|
|4/10/2015||Michael A Mulcahy||Director||Sell||1,647||C$39.46||C$64,990.62|
|1/20/2015||Michael Arnold Pavey||Director||Sell||12,000||C$40.02||C$480,247.20|
|11/25/2014||Karl W Smith||Insider||Sell||4,000||C$38.86||C$155,450.00|
|11/24/2014||Karl W Smith||Insider||Sell||6,300||C$38.87||C$244,886.67|
|11/12/2014||Karl W Smith||Insider||Sell||40,748||C$37.75||C$1,538,237.00|
Fortis (TSE FTS) News Headlines
Fortis (TSE:FTS) SEC Filings
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Fortis (TSE FTS) Stock Chart for Wednesday, April, 25, 2018