Fortis Inc. (FTS)
Market Cap | 18.37B |
Revenue (ttm) | 7.01B |
Net Income (ttm) | 948.24M |
Shares Out | 464.90M |
EPS (ttm) | 1.73 |
PE Ratio | 22.75 |
Forward PE | 17.27 |
Dividend | $1.28 |
Dividend Yield | 3.25% |
Trading Day | March 3 |
Last Price | $39.27 |
Previous Close | $39.55 |
Change ($) | -0.28 |
Change (%) | -0.71% |
Day's Open | 39.35 |
Day's Range | 39.15 - 39.59 |
Day's Volume | 365,594 |
52-Week Range | 27.54 - 42.66 |
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 a...
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 ...
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 divide...
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, F...
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, boas...
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, F...
3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks
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 ("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...
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 ...
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 divide...
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 Fr...
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 Fr...
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.
Highlights
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...
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 20...
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 202...
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 FortisĀ E...
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 regulate...
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 div...
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...
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, July 20, 2020 (GLOBE NEWSWIRE) -- Barry Perry, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today joined other senior...
Fortis (FTS) is a solid pick for your portfolio now, given its long-term investment plan and earnings growth projections.
ST. JOHN'S, Newfoundland and Labrador, July 09, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has released its 2020 Sustainability Report . The docu...
ST. JOHN'S, Newfoundland and Labrador, July 02, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2020 financial results on...
Fortis (FTS) intends to curb 80% carbon emission from its Tucson Electric Power by 2035.
ST. JOHN'S, Newfoundland and Labrador, June 26, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that its utility Tucson Electric Power ("...
According to the GuruFocus All-In-One Screener, a Premium feature, the following utility companies were trading with low price-sales ratios as of June 16.
ST. JOHN'S, Newfoundland and Labrador, June 01, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 267,341 of its 7,024,846 issued and outst...
FTS vs. UTL: Which Stock Is the Better Value Option?
ST. JOHN'S, Newfoundland and Labrador, May 07, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special M...
Fortis' (FTS) CEO Barry Perry on Q1 2020 Results - Earnings Call Transcript
Fortis (FTS) delivered earnings and revenue surprises of -1.92% and 1.46%, respectively, for the quarter ended March 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.
About FTS
Fortis 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 totaling 65... [Read more...]
Industry Utilities-Regulated Electric | Founded 1885 |
CEO H. Stanley Marshall | Employees 8,961 |
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 an increase of 14.54% from the latest price.