Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD
41.83
-0.13 (-0.31%)
Dec 24, 2024, 1:00 PM EST - Market closed
-0.31%
Market Cap 20.75B
Revenue (ttm) 8.47B
Net Income (ttm) 1.18B
Shares Out 497.29M
EPS (ttm) 2.39
PE Ratio 17.62
Forward PE 17.79
Dividend $1.75 (4.18%)
Ex-Dividend Date Nov 18, 2024
Volume 134,284
Open 41.80
Previous Close 41.96
Day's Range 41.58 - 41.86
52-Week Range 36.86 - 46.06
Beta 0.23
Analysts n/a
Price Target n/a
Earnings Date Feb 7, 2025

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. Announces Changes to Its Board of Directors

ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December...

2 days ago - GlobeNewsWire

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...

7 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...

Other symbols: ABBVADMBKHCWTEDHRLKMB
12 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...

16 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...

Other symbols: BDXCLXDEOHRLJNJKMBKO
18 days ago - Seeking Alpha

Behind The Billions: Fortis' Ambitious Vision For 2029

Fortis Inc. is a major Canadian utility company expanding into clean energy with a CA$26 billion capital plan, focusing on regulated assets. Recent financials show growth in revenue and net earnings, ...

21 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,...

21 days ago - GlobeNewsWire

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...

7 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,...

7 weeks 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...

2 months 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
2 months 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...

2 months 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...

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

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...

Other symbols: ADMBKHCWTEMRGPCHRLKO
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

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
3 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...

3 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
4 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
4 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...

5 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...

5 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...

5 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...

5 months ago - GlobeNewsWire