Fortis Inc. (FTS)
Stock Price Chart
Key Info
| Market Cap | 18.92B |
| Revenue (ttm) | 6.70B |
| Net Income (ttm) | 920.30M |
| Shares Out | 465.00M |
| EPS (ttm) | 1.73 |
| PE Ratio | 23.51 |
| Forward PE | 18.62 |
| Dividend | $1.54 |
| Dividend Yield | 3.79% |
Stock Quote
| Trading Day | November 27 |
| Last Price | $40.68 |
| Previous Close | $40.65 |
| Change ($) | 0.03 |
| Change (%) | 0.07% |
| Day's Open | 40.85 |
| Day's Range | 40.58 - 40.95 |
| Day's Volume | 132,747 |
| 52-Week Range | 28.59 - 44.72 |
More Stats
| Market Cap | 18.92B |
| Enterprise Value | 37.52B |
| Earnings Date (est) | n/a |
| Ex-Dividend Date | Nov 17, 2020 |
| Shares Outstanding | 465.00M |
| Float | 462.18M |
| EPS (basic) | n/a |
| EPS (diluted) | 1.73 |
| FCF / Share | -1.96 |
| Dividend | $1.54 |
| Dividend Yield | 3.79% |
| Earnings Yield | 4.25% |
| FCF Yield | n/a |
| Payout Ratio | 95.50% |
| Shares Short | 3.04M |
| Short Ratio | 8.68 |
| Short % of Float | 0.66% |
| Beta | 0.08 |
| PE Ratio | 23.51 |
| Forward PE | 18.62 |
| P/FCF Ratio | n/a |
| PS Ratio | 2.82 |
| PB Ratio | 1.41 |
| Revenue | 6.70B |
| Operating Income | 1.92B |
| Net Income | 920.30M |
| Free Cash Flow | -909.77M |
| Net Cash | -18.60B |
| Net Cash / Share | -40.01 |
| Gross Margin | 44.55% |
| Operating Margin | 28.58% |
| Profit Margin | 13.70% |
| FCF Margin | -13.57% |
| ROA | 2.93% |
| ROE | 7.15% |
| ROIC | 2.50% |
Analyst Forecasts
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 8,783 | 8,390 | 8,301 | 6,838 | 6,757 |
| Revenue Growth | 4.68% | 1.07% | 21.4% | 1.2% | - |
| Gross Profit | 3,811 | 3,608 | 3,690 | 2,466 | 2,292 |
| Operating Income | 3,038 | 2,365 | 2,511 | 1,483 | 1,419 |
| Net Income | 1,722 | 1,166 | 1,028 | 660 | 805 |
| Shares Outstanding | 438 | 421 | 401 | 285 | - |
| Earnings Per Share | 3.78 | 2.59 | 2.31 | 1.89 | 2.59 |
| EPS Growth | 45.95% | 12.12% | 22.22% | -27.03% | - |
| Dividend Per Share | 1.72 | 1.34 | 1.25 | 0.30 | - |
| Dividend Growth | 28.59% | 7.05% | 320.2% | - | - |
| Operating Cash Flow | 2,663 | 2,604 | 2,756 | 1,884 | 1,673 |
| Capital Expenditures | -3,618 | -3,112 | -2,922 | -2,011 | -2,184 |
| Free Cash Flow | -955 | -508 | -166 | -127 | -511 |
| Cash & Equivalents | 370 | 332 | 327 | 269 | 242 |
| Total Debt | 23,140 | 24,787 | 22,066 | 22,759 | 12,192 |
| Net Cash / Debt | -22,770 | -24,455 | -21,739 | -22,490 | -11,950 |
| Assets | 53,404 | 53,051 | 47,822 | 47,904 | 28,804 |
| Liabilities | 33,291 | 34,595 | 31,073 | 31,454 | 18,451 |
| Book Value | 18,531 | 16,533 | 15,003 | 14,597 | 9,880 |
Company Profile
Company Details
| Full Name | Fortis Inc. |
| Country | Canada |
| Employees | 9,000 |
| CEO | Barry V. Perry |
Stock Information
| Ticker Symbol | FTS |
| Stock Exchange | New York Stock Exchange |
| Sector | Utilities |
| Industry | Utilities—Regulated Electric |
| Unique Identifier | NYSE: FTS |
Description
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 429,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,143 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 MW; and distributes natural gas to approximately 1,041,000 residential, commercial and industrial and transportation customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 568,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 140 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 269,000 customers in Newfoundland and Labrador; approximately 31,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 91,000 circuit Kilometers (km) of distribution lines; and approximately 49,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.