Home » Stocks » FTS

Fortis Inc. (FTS)

Stock Price: $39.27 USD -0.28 (-0.71%)
Updated Mar 3, 2021 4:00 PM EST - Market closed
Market Cap 18.37B
Revenue (ttm) 7.01B
Net Income (ttm) 948.24M
Shares Out 464.90M
EPS (ttm) 1.73
PE Ratio 22.75
Forward PE 17.27
Dividend $1.28
Dividend Yield 3.25%
Trading Day March 3
Last Price $39.27
Previous Close $39.55
Change ($) -0.28
Change (%) -0.71%
Day's Open 39.35
Day's Range 39.15 - 39.59
Day's Volume 365,594
52-Week Range 27.54 - 42.66

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation
GlobeNewsWire - 2 weeks ago

ST. JOHN'S, Newfoundland and Labrador, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today filed its audited Consolidated Financial Statements a...

GlobeNewsWire - 2 weeks ago

ST. JOHN'S, Newfoundland and Labrador, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated ...

GlobeNewsWire - 2 weeks ago

ST. JOHN'S, Newfoundland and Labrador, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following divide...

Zacks Investment Research - 2 weeks ago

Fortis (FTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 3 weeks ago

Fortis (FTS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 3 weeks ago

ST. JOHN'S, Newfoundland and Labrador, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2020 annual financial results on Friday, F...

Seeking Alpha - 1 month ago

It is currently hard for retirees to find reputable, above-average yielding equities, which also feature an above-average dividend growth. Fortis, Canada's largest investor-owned utility, boas...

GlobeNewsWire - 1 month ago

ST. JOHN'S, Newfoundland and Labrador, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2020 annual financial results on Friday, F...

Seeking Alpha - 2 months ago

3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks

Other stocks mentioned: CNI, CNQ, ENB, IMO, PAZRF, RBA, SAPIF, TCLAF, TRI
Zacks Investment Research - 2 months ago

The Arizona Corporation Commission okays the general rate application of Fortis' (FTS) unit Tucson Electric Power. The rate base valued at $2.7 billion will been forced on Jan 1, 2021.

GlobeNewsWire - 2 months ago

ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that the Arizona Corporation Commission ("A...

GuruFocus - 2 months ago

The three companies listed below appeal to the dividend investor, as their stocks are more than doubling the S&P 500 Index in terms of a higher dividend yield. The S&P 500 dividend yields 1.59...

Other stocks mentioned: IEP, KT
Seeking Alpha - 3 months ago

If you feel uncomfortable about the market right now, utilities should not get you worried too much with their strong yield and their decent dividend growth. There are some great utilities on ...

Other stocks mentioned: AQN, BIP, EMRAF
Seeking Alpha - 3 months ago

Fortis recently extended its dividend growth streak to 47-years. The company has a targeted annual dividend growth rate of 6% through 2025.

GlobeNewsWire - 3 months ago

ST. JOHN'S, Newfoundland and Labrador, Nov. 18, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following divide...

Seeking Alpha - 4 months ago

Fortis' (FTS) CEO Barry Perry on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 4 months ago

Fortis (FTS) delivered earnings and revenue surprises of -2.00% and -1.30%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 4 months ago

Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 4 months ago

ST. JOHN'S, Newfoundland and Labrador, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2020 financial results on Fr...

GlobeNewsWire - 5 months ago

ST. JOHN'S, Newfoundland and Labrador, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2020 financial results on Fr...

Zacks Investment Research - 5 months ago

Most utilities in the United States have reduced CO2 emissions since 2005, led by sustained low natural gas prices and declining costs of renewables and storage.

Other stocks mentioned: AEE, DTE, DUK
Seeking Alpha - 5 months ago

Canadian Dividend All-Stars are companies that have raised dividends for at least five consecutive years.

Other stocks mentioned: EMRAF
Zacks Investment Research - 5 months ago

Fortis (FTS) updates its investment plans and the target set for curbing carbon footprint to provide clean, reliable and affordable energy. Also, the utility expands its dividend guidance.

GlobeNewsWire - 5 months ago

Highlights

GlobeNewsWire - 5 months ago

ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Doug Haughey, Chair of the Board of Directors (the "Board") of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE...

InvestorPlace - 5 months ago

With U.S. markets looking stretched, you may want to consider international companies to invest in for higher profitability potential.

Other stocks mentioned: BABA, CX, DLMAF, NILSY, SBSW, SNE, TTM, FRCOY
GlobeNewsWire - 5 months ago

ST. JOHN'S, Newfoundland and Labrador, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its new five-year outlook for the period 20...

Seeking Alpha - 5 months ago

Canadian All-Star Stocks: Dividend Increases - Week Of Sept. 7

Other stocks mentioned: AQN, CPXWF, EIFZF
GlobeNewsWire - 6 months ago

ST. JOHN'S, Newfoundland and Labrador, Aug. 26, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its new five-year outlook for the period 202...

Seeking Alpha - 6 months ago

Both stocks offer notable medium-term potentials, and could both fit different portfolios based on investor needs.

GlobeNewsWire - 6 months ago

ST. JOHN'S, Newfoundland and Labrador, Aug. 24, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that its wholly owned subsidiary FortisĀ E...

Seeking Alpha - 7 months ago

Fortis Inc. (FTS) CEO Barry Perry on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 7 months ago

Fortis (FTS) delivered earnings and revenue surprises of -4.76% and -3.00%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 7 months ago

ST. JOHN'S, Newfoundland and Labrador, July 30, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulate...

GlobeNewsWire - 7 months ago

ST. JOHN'S, Newfoundland and Labrador, July 29, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following div...

GlobeNewsWire - 7 months ago

ST. JOHN'S, Newfoundland and Labrador, July 23, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2020 financial results on...

Zacks Investment Research - 7 months ago

Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 7 months ago

ST. JOHN'S, Newfoundland and Labrador, July 20, 2020 (GLOBE NEWSWIRE) -- Barry Perry, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today joined other senior...

Zacks Investment Research - 7 months ago

Fortis (FTS) is a solid pick for your portfolio now, given its long-term investment plan and earnings growth projections.

GlobeNewsWire - 7 months ago

ST. JOHN'S, Newfoundland and Labrador, July 09, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has released its 2020 Sustainability Report . The docu...

GlobeNewsWire - 8 months ago

ST. JOHN'S, Newfoundland and Labrador, July 02, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2020 financial results on...

Zacks Investment Research - 8 months ago

Fortis (FTS) intends to curb 80% carbon emission from its Tucson Electric Power by 2035.

GlobeNewsWire - 8 months ago

ST. JOHN'S, Newfoundland and Labrador, June 26, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that its utility Tucson Electric Power ("...

GuruFocus - 8 months ago

According to the GuruFocus All-In-One Screener, a Premium feature, the following utility companies were trading with low price-sales ratios as of June 16.

Other stocks mentioned: CMS, CNP, LNT, MGEE, NI
GlobeNewsWire - 9 months ago

ST. JOHN'S, Newfoundland and Labrador, June 01, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 267,341 of its 7,024,846 issued and outst...

Zacks Investment Research - 9 months ago

FTS vs. UTL: Which Stock Is the Better Value Option?

Other stocks mentioned: UTL
GlobeNewsWire - 9 months ago

ST. JOHN'S, Newfoundland and Labrador, May 07, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special M...

Seeking Alpha - 9 months ago

Fortis' (FTS) CEO Barry Perry on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 9 months ago

Fortis (FTS) delivered earnings and revenue surprises of -1.92% and 1.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 10 months ago

Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

About FTS

Fortis 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 433,000 retail customers in southeastern Arizona; and 98,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,233 megawatts (MW), including 59 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65... [Read more...]

Industry
Utilities-Regulated Electric
Founded
1885
CEO
H. Stanley Marshall
Employees
8,961
Stock Exchange
NYSE
Ticker Symbol
FTS
Full Company Profile

Financial Performance

In 2020, Fortis's revenue was 8.94 billion, an increase of 1.73% compared to the previous year's 8.78 billion. Earnings were 1.27 billion, a decrease of -26.02%.

Financial numbers in millions CAD.
Financial Statements

Analyst Forecasts

According to 17 analysts, the average rating for Fortis stock is "Buy." The 12-month stock price forecast is 44.98, which is an increase of 14.54% from the latest price.

Price Target
$44.98
(14.54% upside)
Analyst Consensus: Buy