Fortis Inc. (TSX: FTS)

Canada flag Canada · Delayed Price · Currency is CAD
60.01
+0.71 (1.20%)
Dec 20, 2024, 4:00 PM EST
10.09%
Market Cap 29.84B
Revenue (ttm) 11.44B
Net Income (ttm) 1.59B
Shares Out 497.29M
EPS (ttm) 3.23
PE Ratio 18.59
Forward PE 18.56
Dividend 2.46 (4.10%)
Ex-Dividend Date Feb 18, 2025
Volume 3,384,648
Open 59.30
Previous Close 59.30
Day's Range 59.05 - 60.18
52-Week Range 51.02 - 63.75
Beta 0.23
Analysts n/a
Price Target n/a
Earnings Date Feb 7, 2025

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 Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners

ST. JOHN'S, Newfoundland and Labrador, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric...

2 days ago - GlobeNewsWire

Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends

"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Secto...

8 days ago - Seeking Alpha

Fortis Inc. to Renew At-The-Market Equity Program

ST. JOHN'S, Newfoundland and Labrador, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that it will renew its at-the-market equity program...

11 days ago - GlobeNewsWire

12 High-Yield Dividend Aristocrats To Weather The Coming 2025 Storm In Style

The S&P is up almost 28% in 2024, and many investors worry about a melt-up followed by a sharp correction like in 2022 or 2018. A 2025 market correction is likely, but low-volatility, high-yield Divid...

14 days ago - Seeking Alpha

Behind The Billions: Fortis' Ambitious Vision For 2029

Explore Fortis Inc.'s growth in clean energy and strong dividend history, along with potential risks and long-term prospects. Read my analysis here.

16 days ago - Seeking Alpha

Fortis declares CAD 0.615 dividend

16 days ago - Seeking Alpha

Fortis Inc. Announces First Quarter Dividends – 2025

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

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 weeks 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

5 weeks 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...

6 weeks 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)...

6 weeks ago - Financial Post

Fortis Non-GAAP EPS of C$0.85

6 weeks 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,...

6 weeks 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...

6 weeks 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...

7 weeks 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...

2 months 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

2 months 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...

2 months ago - GlobeNewsWire

Fortis raises dividend by 4.2%

3 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...

3 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.

3 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...

3 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...

3 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.

3 months ago - GlobeNewsWire