Fortis Inc. (FTS)

Market Cap	18.97B
Revenue (ttm)	8.66B
Net Income (ttm)	1.13B
Shares Out	493.01M
EPS (ttm)	2.25
PE Ratio	17.07
Forward PE	11.90
Dividend	$1.75 (4.56%)
Ex-Dividend Date	May 16, 2024

Volume	662,988
Open	38.11
Previous Close	38.05
Day's Range	38.09 - 38.55
52-Week Range	36.30 - 46.28
Beta	0.18
Analysts	Buy
Price Target	61.25 (+59.22%)
Earnings Date	May 1, 2024

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...

• Industry: Utilities - Regulated Electric
• Sector: Utilities
• Founded: 1885
• Employees: 9,200
• Stock Exchange: NYSE
• Ticker Symbol: FTS

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

Analyst Forecast

According to 2 analysts, the average rating for FTS stock is "Buy." The 12-month stock price forecast is $61.25, which is an increase of 59.22% from the latest price.

Price Target

$61.25

(59.22% upside)

Analyst Consensus: Buy