Fortis Inc. (FTS)

Market Cap	19.74B
Revenue (ttm)	8.06B
Net Income (ttm)	970.80M
Shares Out	482.20M
EPS (ttm)	2.03
PE Ratio	20.17
Forward PE	18.94
Dividend	$1.59 (3.92%)
Ex-Dividend Date	Feb 14, 2023

Volume	601,500
Open	39.72
Previous Close	39.72
Day's Range	39.64 - 40.93
52-Week Range	34.76 - 51.66
Beta	0.17
Analysts	Hold
Price Target	43.74 (+6.87%)
Earnings Date	May 3, 2023

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...

• Industry: Utilities - Regulated Electric
• Sector: Utilities
• Founded: 1885
• Employees: 9,100
• Stock Exchange: NYSE
• Ticker Symbol: FTS

Financial Performance

In 2022, Fortis's revenue was 11.04 billion, an increase of 16.88% compared to the previous year's 9.45 billion. Earnings were 1.33 billion, an increase of 8.04%.

Financial numbers in CAD

Analyst Forecast

According to 21 analysts, the average rating for FTS stock is "Hold." The 12-month stock price forecast is $43.74, which is an increase of 6.87% from the latest price.

Price Target

$43.74

(6.87% upside)

Analyst Consensus: Hold