Fortis Inc. (FTS)
Market Cap | 22.44B |
Revenue (ttm) | 8.47B |
Net Income (ttm) | 1.17B |
Shares Out | 497.29M |
EPS (ttm) | 2.38 |
PE Ratio | 19.12 |
Forward PE | 18.73 |
Dividend | $1.75 (3.87%) |
Ex-Dividend Date | Nov 18, 2024 |
Volume | 285,787 |
Open | 44.86 |
Previous Close | 44.82 |
Day's Range | 44.83 - 45.30 |
52-Week Range | 36.86 - 46.06 |
Beta | 0.23 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 5, 2024 |
About FTS
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 numbers in CAD Financial StatementsNews
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...
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,...
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...
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 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. Despite the positive performance, Fortis' stock is expensive at 18.5X earni...
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...
10 High-Yield Dividend Aristocrats That Could Be Perfect For What's Coming Next
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53 August Dividend Kings: Buy 7, 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 August 6, represented 8 of 11 Morningstar Sectors. B...
Fortis, Inc. (FTS) Q2 2024 Earnings Call Transcript
Fortis, Inc. (NYSE:FTS) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Stephanie Amaimo - Vice President of Investor Relations David Hutchens - President and Chief Exe...
Fortis Inc. Releases Second Quarter 2024 Results and 2024 Sustainability Report
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 Inc. Announces Third Quarter Dividends – 2024
ST. JOHN'S, Newfoundland and Labrador, July 30, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated Septembe...
Advisory: Fortis Inc. to Hold Teleconference on July 31 to Discuss Second Quarter 2024 Results
ST. JOHN'S, Newfoundland and Labrador, July 23, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2024 financial results on Wednesday...
53 July Dividend Kings: Buy 8, Watch 8 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 July 8, represented 8 of 11 Morningstar Sectors. Bro...
Fortis Inc. to Hold Teleconference on July 31 to Discuss Second Quarter 2024 Results
ST. JOHN'S, Newfoundland and Labrador, July 02, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2024 financial results on Wednesday...
Fortis: A Look At The Valuation On This Dividend Aristocrat
Fortis has been delivering steady dividend growth for 5 decades. The stock has been on our watch list for a long time but has continuously eluded our buy points. We look at the recent results and upda...
Canadian Preferred Shares To Buy Before The Expected Bank of Canada Rate Cuts Trigger FOMO
Preferred shares of Enbridge and other select Canadian utilities and infrastructure companies are expected to perform strongly over the next 6 to 12 months. The Bank of Canada will likely cut interest...
Sell In May And Go Away? - April Dividend Income Report
Many investors believe the stock market generates a better return between November and April than between May and October. Many events contributed to convincing investors that summer and the beginning...
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Say on Pay, and Omnibus Equity Plan
ST. JOHN'S, Newfoundland and Labrador, May 02, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special Meeting of ...
Fortis Inc. (FTS) Q1 2024 Earnings Call Transcript
Fortis Inc. (NYSE:FTS) Q1 2024 Earnings Conference Call May 1, 2024 8:30 AM ET Company Participants Stephanie Amaimo - Vice President-Investor Relations David Hutchens - President and Chief Executive...