Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD
45.16
+0.34 (0.76%)
Nov 22, 2024, 4:00 PM EST - Market closed
0.76%
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]

Sector Utilities
Founded 1885
Employees 9,200
Stock Exchange NYSE
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 numbers in CAD Financial Statements

News

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...

17 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,...

17 days ago - GlobeNewsWire

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...

25 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...

Other symbols: ADMBKHCWTEDGPCHRLKO
6 weeks ago - Seeking Alpha

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 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. Despite the positive performance, Fortis' stock is expensive at 18.5X earni...

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...

Other symbols: ADMBKHCWTEMRGPCHRLKO
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...

Other symbols: UTF
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

10 High-Yield Dividend Aristocrats That Could Be Perfect For What's Coming Next

Market volatility recently hit the 3rd highest levels ever recorded, and extreme fear grips Wall Street. The yen carry trade unwind is likely not over yet; US recession risks remain elevated, and the ...

Other symbols: BDXCLXDEOJNJKMBMCDMKC
3 months ago - Seeking Alpha

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...

Other symbols: ADMBKHCWTFRTGPCHRLKO
3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

Other symbols: HRLKVUEMONWNUBSIUVVADM
4 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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...

Other symbols: ENBPPLTACTRP
6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 ...

7 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha