Fortis Inc. (FTS)
| Market Cap | 21.46B |
| Revenue (ttm) | 7.33B |
| Net Income (ttm) | 1.01B |
| Shares Out | 469.40M |
| EPS (ttm) | 2.21 |
| PE Ratio | 20.75 |
| Forward PE | 20.20 |
| Dividend | $1.97 |
| Dividend Yield | 4.29% |
| Trading Day | June 21 |
| Last Price | $45.79 |
| Previous Close | $45.46 |
| Change ($) | 0.33 |
| Change (%) | 0.71% |
| Day's Open | 45.62 |
| Day's Range | 45.43 - 45.86 |
| Day's Volume | 137,639 |
| 52-Week Range | 35.29 - 47.02 |
Picking stocks whose market capitalization exceeds $10 billion and whose price-book ratios are not above 1.5 could provide value investors with a higher likelihood to uncover opportunities among U.S.-li...
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Semper Fortis Esports Plc (AQSE:SEMP) has confirmed it is pursuing relationships with ‘leading sports figures', as it responded to a media report claiming the company is in talks with Harry Maguire and ...
ST. JOHN'S, Newfoundland and Labrador, May 06, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders h...
Fortis (FTS) delivered earnings and revenue surprises of -1.67% and 3.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
ST. JOHN'S, Newfoundland and Labrador, May 05, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) released its first quarter results1 today.
Fortis (FTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
TUCSON, Ariz.--(BUSINESS WIRE)--Tucson Electric Power is delivering more clean energy than ever before with a new 100-megawatt solar array and 30-MW battery energy storage system.
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.
ST. JOHN'S, Newfoundland and Labrador, April 27, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2021 financial results on Wednesday, ...
Semper Fortis Esports PLC (LON:SEMP) has begun its first day of dealings on the Access segment of the Aquis Stock Exchange in London following an oversubscribed fundraising. The firm, which is focused o...
ST. JOHN'S, Newfoundland and Labrador, April 07, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2021 financial results on Wednesday, ...
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 and related...
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 electric a...
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 dividends:
Fortis (FTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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.
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, February 12...
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, boasts an impr...
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, February 12...
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.
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 ("ACC") has a...
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% as of We...
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 the Canadi...
Fortis recently extended its dividend growth streak to 47-years. The company has a targeted annual dividend growth rate of 6% through 2025.
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 dividends:
Fortis' (FTS) CEO Barry Perry on Q3 2020 Results - Earnings Call Transcript
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?
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.
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 Friday, Octo...
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 Friday, Octo...
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.
Canadian Dividend All-Stars are companies that have raised dividends for at least five consecutive years.
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.
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: FTS) tod...
With U.S. markets looking stretched, you may want to consider international companies to invest in for higher profitability potential.
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 2021-2025 on...
Canadian All-Star Stocks: Dividend Increases - Week Of Sept. 7
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 2021-2025 on ...
Both stocks offer notable medium-term potentials, and could both fit different portfolios based on investor needs.
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 Fortis Energy (Ber...
Fortis Inc. (FTS) CEO Barry Perry on Q2 2020 Results - Earnings Call Transcript
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?
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 regulated electric...
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 dividends:
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 Thursday,...
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 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 totali... [Read more...]
| Industry Utilities-Regulated Electric | Founded 1885 |
| CEO H. Stanley Marshall | Employees 9,000 |
| Stock Exchange NYSE | Ticker Symbol FTS |
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%.
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 a decrease of -1.76% from the latest price.