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Fortis Inc. (FTS)

Stock Price: $45.79 USD 0.33 (0.71%)
Updated Jun 21, 2021 1:15 PM EDT - Market open
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

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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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3 weeks ago - GuruFocus

Not for distribution to U.S. news wire services or dissemination in the United States

1 month ago - GlobeNewsWire

Not for distribution to U.S. news wire services or dissemination in the United States.

1 month ago - GlobeNewsWire

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 ...

1 month ago - Proactive Investors

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...

1 month ago - GlobeNewsWire

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?

1 month ago - Zacks Investment Research

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.

1 month ago - GlobeNewsWire

Fortis (FTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

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.

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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, ...

1 month ago - GlobeNewsWire

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...

1 month ago - Proactive Investors

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, ...

2 months ago - GlobeNewsWire

These 20 Canadian Dividend Aristocrats trade on either the NYSE or Nasdaq, and have increased their dividends annually for at least seven years.

Other stocks mentioned: AQN, BAM, BCE, BIP, BNS, CM, CNI ...
2 months ago - Kiplinger

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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:

4 months ago - GlobeNewsWire

Fortis (FTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks

Other stocks mentioned: CNI, CNQ, ENB, IMO, PAZRF, RBA, SAPIF ...
5 months ago - Seeking Alpha

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.

5 months ago - Zacks Investment Research

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...

5 months ago - GlobeNewsWire

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...

Other stocks mentioned: IEP, KT
6 months ago - GuruFocus

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...

Other stocks mentioned: AQN, BIP, EMRAF
6 months ago - Seeking Alpha

Fortis recently extended its dividend growth streak to 47-years. The company has a targeted annual dividend growth rate of 6% through 2025.

7 months ago - Seeking Alpha

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:

7 months ago - GlobeNewsWire

Fortis' (FTS) CEO Barry Perry on Q3 2020 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

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?

7 months ago - Zacks Investment Research

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.

7 months ago - Zacks Investment Research

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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.

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8 months ago - Zacks Investment Research

Canadian Dividend All-Stars are companies that have raised dividends for at least five consecutive years.

Other stocks mentioned: EMRAF
8 months ago - Seeking Alpha

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.

8 months ago - Zacks Investment Research

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...

8 months ago - GlobeNewsWire

With U.S. markets looking stretched, you may want to consider international companies to invest in for higher profitability potential.

Other stocks mentioned: BABA, CX, DLMAF, NILSY, SBSW, SNE, TTM ...
9 months ago - InvestorPlace

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...

9 months ago - GlobeNewsWire

Canadian All-Star Stocks: Dividend Increases - Week Of Sept. 7

Other stocks mentioned: AQN, CPXWF, EIFZF
9 months ago - Seeking Alpha

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 ...

9 months ago - GlobeNewsWire

Both stocks offer notable medium-term potentials, and could both fit different portfolios based on investor needs.

9 months ago - Seeking Alpha

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...

9 months ago - GlobeNewsWire

Fortis Inc. (FTS) CEO Barry Perry on Q2 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

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?

10 months ago - Zacks Investment Research

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...

10 months ago - GlobeNewsWire

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:

10 months ago - GlobeNewsWire

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,...

10 months ago - GlobeNewsWire

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
Full Company Profile

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%.

Financial numbers in millions CAD.
Financial Statements

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.

Price Target
$44.98
(-1.76% downside)
Analyst Consensus: Buy