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Fortis Inc (TSE:FTS)
TSX:FTS
Holding TSE:FTS?
Track your performance easily
FTS Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$51.02 - C$62.56
Previous CloseC$62.21
Volume275.85K
Average Volume (3M)1.67M
Market Cap
C$31.05B
Enterprise ValueC$63.95B
Total Cash (Recent Filing)C$896.00M
Total Debt (Recent Filing)C$32.02B
Price to Earnings (P/E)19.3
Beta0.41
Next Earnings
Feb 07, 2025EPS Estimate
C$0.81Last Dividend Ex-Date
Nov 18, 2024Dividend Yield3.93%
Share Statistics
EPS (TTM)3.23
Shares Outstanding495,200,000
10 Day Avg. Volume2,074,822
30 Day Avg. Volume1,673,668
Standard Deviation0.04
R-Squared0.07
Alpha0.00379
Financial Highlights & Ratios
Price to Book (P/B)1.48
Price to Sales (P/S)2.69
Price to Cash Flow (P/CF)5.80
P/FCF Ratio202.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$62.34Price Target Upside0.82% Upside
Rating ConsensusHold
Number of Analyst Covering9
Fortis News
PremiumCompany Announcements
Fortis Inc. Reports Strong Q3 Growth and Investment Plans
PremiumCompany Announcements
Fortis Reports Earnings Boost and Unveils Major Capital PlanBulls Say, Bears Say
Bulls Say
Dividend And Asset QualityFTS's high-quality asset base (virtually all regulated) and attractive 4-6% dividend CAGR guidance through 2028.
Financial PerformanceSolid Q3 Results - FTS appears on track to achieve analyst's EPS estimate of C$3.20.
Growth And InvestmentCleaner energy investments are significant, with $6.7B of the plan or 26% related to cleaner energy, including $1.1B renewable energy.
Bears Say
Earnings GrowthExpected EPS growth is projected to be below average after financing dilution and challenges in achieving higher ROEs.
Regulatory ImpactFERC's order to reduce the base ROE for ITC's MISO utilities has led to a significant regulatory liability, impacting financial stability.
ValuationShares trade at a premium compared to U.S. Electric peers, which might not be justified by the current portfolio and balance sheet.
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Options Prices
Currently, No data available
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Ownership Overview
0.11% Insiders
3.53% Mutual Funds
― Other Institutional Investors
87.07% Public Companies and
Individual Investors
FTS FAQ
What was Fortis Inc’s price range in the past 12 months?
Fortis Inc lowest stock price was C$51.02 and its highest was C$62.56 in the past 12 months.
What is Fortis Inc’s market cap?
Currently, no data Available
When is Fortis Inc’s upcoming earnings report date?
Fortis Inc’s upcoming earnings report date is Feb 07, 2025 which is in 81 days.
How were Fortis Inc’s earnings last quarter?
Fortis Inc released its earnings results on Nov 05, 2024. The company reported C$0.85 earnings per share for the quarter, beating the consensus estimate of C$0.823 by C$0.027.
Is Fortis Inc overvalued?
According to Wall Street analysts Fortis Inc’s price is currently Undervalued.
Does Fortis Inc pay dividends?
Fortis Inc pays a Quarterly dividend of C$0.61 which represents an annual dividend yield of 3.93%. See more information on Fortis Inc dividends here
What is Fortis Inc’s EPS estimate?
Fortis Inc’s EPS estimate is C$0.81.
How many shares outstanding does Fortis Inc have?
Fortis Inc has 497,300,000 shares outstanding.
What happened to Fortis Inc’s price movement after its last earnings report?
Fortis Inc reported an EPS of C$0.85 in its last earnings report, beating expectations of C$0.823. Following the earnings report the stock price went up 3.006%.
Which hedge fund is a major shareholder of Fortis Inc?
Currently, no hedge funds are holding shares in TSE:FTS
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Fortis Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$62.34 (0.82% Upside)
C$62.34 (0.82% Upside)
Blogger Sentiment
Bullish
TSE:FTS Sentiment 71%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $973.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.10%
12-Months-Change
Fundamentals
Return on Equity
7.48%
Trailing 12-Months
Asset Growth
5.15%
Trailing 12-Months
Company Description
Fortis Inc
Fortis, Inc. is an international electric and gas utility holding company. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment comprises of ITC which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson which provides regulated electric and gas T&D utility services; FortisBC Energy that distributes natural gas in British Columbia; FortisAlberta which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia; and Corporate & Other that includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.
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FTS Company Deck
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FTS Earnings Call
Q3 2024
0:00 / 0:00
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FTS Stock 12 Month Forecast
Average Price Target
C$62.34
▲(0.82% Upside)
Technical Analysis
Best Analysts Covering FTS
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+8.01%
reiterated a sell rating 14 days ago
Copying Ross Fowler's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +8.01% per trade.
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