Fortis Inc. (FTS)
| Market Cap | 24.10B |
| Revenue (ttm) | 7.73B |
| Net Income (ttm) | 973.02M |
| Shares Out | 477.91M |
| EPS (ttm) | 2.02 |
| PE Ratio | 25.00 |
| Forward PE | 22.73 |
| Dividend | $2.41 (4.78%) |
| Ex-Dividend Date | May 16, 2022 |
| Volume | 587,546 |
| Open | 50.73 |
| Previous Close | 50.78 |
| Day's Range | 50.32 - 50.83 |
| 52-Week Range | 43.12 - 51.66 |
| Beta | 0.11 |
| Analysts | Hold |
| Price Target | 48.47 (-3.9%) |
| Earnings Date | May 4, 2022 |
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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectr...
Financial Performance
In 2021, Fortis's revenue was 9.45 billion, an increase of 5.74% compared to the previous year's 8.94 billion. Earnings were 1.29 billion, an increase of 1.57%.
Financial numbers in millions CADFinancial StatementsAnalyst Forecast
According to 22 analysts, the average rating for FTS stock is "Hold." The 12-month stock price forecast is 48.47, which is a decrease of -3.87% from the latest price.
News
Fortis Inc. Announces Pricing of Senior Unsecured Notes
Not for distribution to United States news wire services or dissemination in the United States.
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Fortis Inc. Announces Redemption of Its 2.85% Senior Unsecured Notes Due December 12, 2023
Not for distribution to U.S. news wire services or dissemination in the United States.
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Say on Pay and Amendment of Employee...
ST. JOHN'S, Newfoundland and Labrador, May 05, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special Meeting of Sh...
Fortis Announces Executive Changes
ST. JOHN'S, Newfoundland and Labrador, May 05, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced the retirement of Nora Duke, EVP, Sustainability and C...
Fortis (FTS) Q1 Earnings and Revenues Top Estimates
Fortis (FTS) delivered earnings and revenue surprises of 1.64% and 9.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Fortis Inc. Releases First Quarter 2022 Results and Announces Net-Zero Target
ST. JOHN'S, Newfoundland and Labrador, May 04, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric an...
Advisory: Fortis Inc. to Hold Teleconference on May 4 to Discuss First Quarter 2022 Results and Hold Annual and Speci...
ST. JOHN'S, Newfoundland and Labrador, April 28, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2022 financial results on Wednesday, ...
Fortis (FTS) Earnings Expected to Grow: Should You Buy?
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.
Fortis Inc. to Hold Teleconference on May 4 to Discuss First Quarter 2022 Results and Hold Annual and Special Meeting...
ST. JOHN'S, Newfoundland and Labrador, April 06, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2022 financial results on Wednesday, ...
Tucson Electric Power to Issue All-Source Request for Proposals for Additional Energy Resources
TUCSON, Ariz.--(BUSINESS WIRE)--Tucson Electric Power (TEP) will seek new wind and solar generation, energy storage systems and other resources such as energy efficiency with an All-Source Request for P...
UniSource to Issue All-Source Request for Proposals for Additional Energy Resources
TUCSON, Ariz.--(BUSINESS WIRE)--UniSource Energy Services will seek new wind and solar generation, energy storage systems and other resources such as energy efficiency with an All-Source Request for Pro...
Fortis Inc. Releases TCFD and Climate Assessment Report
ST. JOHN'S, Newfoundland and Labrador, March 09, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has made significant progress on its commitment as a Task Force for ...
Fortis Inc. Files 2021 Year-End Disclosure Documents
ST. JOHN'S, Newfoundland and Labrador, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today filed its audited Consolidated Financial Statements and related...
Fortis Inc. Reports 2021 Results
ST. JOHN'S, Newfoundland and Labrador, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric a...
Fortis Inc. Announces Second Quarter Dividends - 2022
ST. JOHN'S, Newfoundland and Labrador, Feb. 10, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:
Advisory: Fortis Inc. to Hold Teleconference on February 11 to Discuss 2021 Annual Results
ST. JOHN'S, Newfoundland and Labrador, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2021 annual financial results on Friday, February 11...
Archaea Energy Announces Expansion of Commercial Partnership with FortisBC via New 20-Year Renewable Natural Gas Agre...
HOUSTON--(BUSINESS WIRE)--Archaea Energy Inc. (“Archaea” or “the Company”) (NYSE: LFG), an industry-leading renewable natural gas (“RNG”) company, announced today that it is expanding its commercial par...
Fortis Inc. to Hold Teleconference on February 11 to Discuss 2021 Annual Results
ST. JOHN'S, Newfoundland and Labrador, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2021 annual financial results on Friday, February 11...
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Gary Smith Appointed Executive Vice President, Operations and Innovation
ST. JOHN'S, Newfoundland and Labrador, Nov. 19, 2021 (GLOBE NEWSWIRE) -- David Hutchens, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today appointed Gary Smith to the ...
Fortis Inc. Announces First Quarter Dividends - 2022
ST. JOHN'S, Newfoundland and Labrador, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:
Fortis Inc. Participating in COP26 Climate Change Conference Recommits to Cleaner Energy Future on Energy Day
GLASGOW, Scotland, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today reconfirmed its commitment to a cleaner energy future as part of its attendance at ...
Fortis (FTS) Meets Q3 Earnings Estimates
Fortis (FTS) delivered earnings and revenue surprises of 0.00% and 4.36%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?