Fortis Inc. (TSX: FTS)

Canada flag Canada · Delayed Price · Currency is CAD
62.50
0.00 (0.00%)
Nov 20, 2024, 4:00 PM EST
10.70%
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]

Sector Utilities
Founded 1885
Employees 9,598
Stock Exchange Toronto Stock Exchange
Ticker Symbol FTS
Full Company Profile

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 Statements

News

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...

5 days ago - IBTimes

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

8 days ago - BNN Bloomberg

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...

15 days ago - Seeking Alpha

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)...

15 days ago - Financial Post

Fortis Non-GAAP EPS of C$0.85

16 days ago - Seeking Alpha

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,...

16 days ago - GlobeNewsWire

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...

16 days ago - Benzinga

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...

23 days ago - GlobeNewsWire

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...

5 weeks ago - Seeking Alpha

Bank of Nova Scotia's Strategic Acquisition of Fortis Inc. Shares

Bank of Nova Scotia's Strategic Acquisition of Fortis Inc. Shares

5 weeks ago - GuruFocus

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...

6 weeks ago - GlobeNewsWire

Fortis raises dividend by 4.2%

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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.

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

Fortis Announces Platinum Sponsorship of SuiteWorld 2024

Fortis, a leader in embedded ERP payments, joins as Platinum ... Full story available on Benzinga.com

2 months ago - Benzinga

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...

2 months ago - Business Upturn

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

3 months ago - Benzinga

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.

3 months ago - Seeking Alpha

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.

3 months ago - BNN Bloomberg