Fortis Inc. (TSX: FTS)
Market Cap | 31.08B |
Revenue (ttm) | 11.44B |
Net Income (ttm) | 1.59B |
Shares Out | 497.29M |
EPS (ttm) | 3.22 |
PE Ratio | 19.42 |
Forward PE | 19.34 |
Dividend | 2.46 (3.94%) |
Ex-Dividend Date | Nov 18, 2024 |
Volume | 2,751,526 |
Open | 62.57 |
Previous Close | 62.50 |
Day's Range | 62.25 - 62.71 |
52-Week Range | 51.02 - 62.71 |
Beta | 0.23 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 5, 2024 |
About Fortis
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona’s Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectr... [Read more]
Financial Performance
In 2023, Fortis's revenue was 11.52 billion, an increase of 4.29% compared to the previous year's 11.04 billion. Earnings were 1.51 billion, an increase of 13.23%.
Financial StatementsNews
Fortis Portfolio Solutions On The 2024 US Election Market Impact: A Time of Transition And Opportunity
Fortis highlights geopolitical tensions and trade policy shifts as potential disruptors, particularly for sectors tied to global supply chains. It also cautions that sustained low interest rates can f...
Ryan Bushell's Past Picks: TC Energy, Fortis and Algonquin
Ryan Bushell, president and portfolio manager, Newhaven Asset Management, discusses his past picks: TC Energy, Fortis and Algonquin
Fortis, Inc. (FTS) Q3 2024 Earnings Call Transcript
Fortis, Inc. (NYSE:FTS) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Stephanie Amaimo - VP, IR David Hutchens - President and CEO Jocelyn Perry - EVP and CFO Lind...
FortisBC Inc. joins General Fusion’s Market Development Advisory Committee to examine potential for fusion energy deployment
B.C. utility will advise General Fusion as it prepares to deploy practical commercial fusion technology to power a lower carbon energy future RICHMOND, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE)...
Fortis Non-GAAP EPS of C$0.85
Fortis Inc. Releases Third Quarter 2024 Results
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21,...
Caribbean Utilities Company, Ltd. Completes Rights Offering
/NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange...
Advisory: Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
ST. JOHN'S, Newfoundland and Labrador, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2024 financial results on Tuesday, N...
Buy 7 October Dividend Kings, Watch 10 More
A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...
Bank of Nova Scotia's Strategic Acquisition of Fortis Inc. Shares
Bank of Nova Scotia's Strategic Acquisition of Fortis Inc. Shares
Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
ST. JOHN'S, Newfoundland and Labrador, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2024 financial results on Tuesday, N...
Fortis rolls out new five-year C$26B capital plan, raises dividend
Fortis raises dividend by 4.2%
Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21...
Fortis: Preferreds Better Setup Than Common Shares For Higher Rates
Fortis Inc. delivered solid Q2-2024 results, with adjusted earnings up 8% year over year, beating consensus estimates again. Explore more details here.
Fortis Inc. Provides Standby Commitment to Caribbean Utilities Company, Ltd.
ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that its wholly owned subsidiary Fortis Energy Car...
Buy 7 September Dividend Kings, Watch 9 More
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sect...
Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes
ST. JOHN'S, Newfoundland and Labrador, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Not for distribution to U.S. news wire services or dissemination in the United States.
Big Bargain Dividends I'm Grabbing With Both Hands
Utilities let you experience AI-driven growth with steady dividends. This is a recession-resistant sector with steady demand irrespective of market conditions. +7% yield from two time-tested picks, se...
Fortis Inc. Announces Pricing of Senior Unsecured Notes
Not for distribution to U.S. news wire services or dissemination in the United States. This news release constitutes a “designated news release” for the purposes of the Corporation's prospectus supple...
Fortis Announces Platinum Sponsorship of SuiteWorld 2024
Fortis, a leader in embedded ERP payments, joins as Platinum ... Full story available on Benzinga.com
Fortis Healthcare shares surge 4% after acquisition funding announcement
Shares of Fortis Healthcare surged by more than 4% on September 5, 2024, following the company’s announcement to raise around ₹1,500 crore in debt to fund an acquisition, according to ET Now. The move...
Fortis Strengthens Collaboration with Sage Through New Features with Sage Intacct
Fortis introduces new recurring payments and client sync capabilities, ... Full story available on Benzinga.com
Fortis: 'Hold' Despite The Outperformance
Fortis has historically underperformed the market, but recent performance has been positive. Check out whether FTS stock is a buy.
Christine Poole's Past Picks: Fortis, Royal Bank of Canada, and WSP Global
Christine Poole, CEO and managing director with GlobeInvest Capital Management, discusses her past picks: Fortis, Royal Bank of Canada, and WSP Global.