FTS Stock Overview
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Fortis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$51.83 |
| 52 Week High | CA$62.00 |
| 52 Week Low | CA$49.82 |
| Beta | 0.18 |
| 1 Month Change | -3.25% |
| 3 Month Change | -3.72% |
| 1 Year Change | -13.23% |
| 3 Year Change | -7.68% |
| 5 Year Change | 4.83% |
| Change since IPO | 1,005.71% |
Recent News & Updates
Fortis Inc. (TSE:FTS) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 03
Returns At Fortis (TSE:FTS) Appear To Be Weighed Down
Feb 29Recent updates
Fortis Inc. (TSE:FTS) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 03Returns At Fortis (TSE:FTS) Appear To Be Weighed Down
Feb 29Risks To Shareholder Returns Are Elevated At These Prices For Fortis Inc. (TSE:FTS)
Dec 25If EPS Growth Is Important To You, Fortis (TSE:FTS) Presents An Opportunity
Dec 04Fortis' (TSE:FTS) Upcoming Dividend Will Be Larger Than Last Year's
Oct 29Does Fortis (TSE:FTS) Have A Healthy Balance Sheet?
Oct 18Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes
Sep 21Calculating The Intrinsic Value Of Fortis Inc. (TSE:FTS)
Aug 18Here's Why We Think Fortis (TSE:FTS) Is Well Worth Watching
Aug 03Is Fortis (TSE:FTS) Using Too Much Debt?
Jul 05Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes
Jun 04A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS)
Apr 19Is Fortis (TSE:FTS) A Risky Investment?
Mar 23Investors Met With Slowing Returns on Capital At Fortis (TSE:FTS)
Feb 24Calculating The Fair Value Of Fortis Inc. (TSE:FTS)
Jan 18These 4 Measures Indicate That Fortis (TSE:FTS) Is Using Debt Extensively
Dec 19Fortis' (TSE:FTS) Dividend Will Be Increased To CA$0.565
Nov 07Fortis (TSE:FTS) Has Announced That It Will Be Increasing Its Dividend To CA$0.565
Oct 24Estimating The Fair Value Of Fortis Inc. (TSE:FTS)
Oct 16Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.565
Oct 02Returns On Capital At Fortis (TSE:FTS) Have Stalled
Sep 14Fortis (TSE:FTS) Has A Somewhat Strained Balance Sheet
Aug 30A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS)
Jul 04Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes
Jun 16These 4 Measures Indicate That Fortis (TSE:FTS) Is Using Debt Extensively
Jun 01A Look At The Fair Value Of Fortis Inc. (TSE:FTS)
Mar 30We Like These Underlying Return On Capital Trends At Fortis (TSE:FTS)
Mar 15Is Fortis (TSE:FTS) Using Too Much Debt?
Feb 28Fortis (TSE:FTS) Is Increasing Its Dividend To CA$0.54
Jan 16Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.54
Jan 02Are Investors Undervaluing Fortis Inc. (TSE:FTS) By 50%?
Dec 19Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.54
Nov 21Fortis (TSE:FTS) Has Some Way To Go To Become A Multi-Bagger
Nov 17Does Fortis (TSE:FTS) Have A Healthy Balance Sheet?
Nov 02Fortis (TSE:FTS) Has Announced That It Will Be Increasing Its Dividend To CA$0.54
Oct 03The Returns At Fortis (TSE:FTS) Aren't Growing
Aug 15Is Fortis (TSE:FTS) A Risky Investment?
Aug 02Calculating The Fair Value Of Fortis Inc. (TSE:FTS)
Jul 05Shareholder Returns
| FTS | CA Electric Utilities | CA Market | |
|---|---|---|---|
| 7D | -0.8% | -4.4% | -3.0% |
| 1Y | -13.2% | -8.0% | 3.2% |
Return vs Industry: FTS underperformed the Canadian Electric Utilities industry which returned -8% over the past year.
Return vs Market: FTS underperformed the Canadian Market which returned 3.2% over the past year.
Price Volatility
| FTS volatility | |
|---|---|
| FTS Average Weekly Movement | 1.7% |
| Electric Utilities Industry Average Movement | 2.8% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: FTS has not had significant price volatility in the past 3 months.
Volatility Over Time: FTS's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1885 | 9,598 | Dave Hutchens | www.fortisinc.com |
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 hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada.
Fortis Inc. Fundamentals Summary
| FTS fundamental statistics | |
|---|---|
| Market cap | CA$25.30b |
| Earnings (TTM) | CA$1.51b |
| Revenue (TTM) | CA$11.52b |
17.0x
P/E Ratio2.2x
P/S RatioIs FTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTS income statement (TTM) | |
|---|---|
| Revenue | CA$11.52b |
| Cost of Revenue | CA$6.66b |
| Gross Profit | CA$4.86b |
| Other Expenses | CA$3.35b |
| Earnings | CA$1.51b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 3.05 |
| Gross Margin | 42.17% |
| Net Profit Margin | 13.08% |
| Debt/Equity Ratio | 127.1% |
How did FTS perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield74%
Payout RatioDoes FTS pay a reliable dividends?
See FTS dividend history and benchmarks| Fortis dividend dates | |
|---|---|
| Ex Dividend Date | May 16 2024 |
| Dividend Pay Date | Jun 01 2024 |
| Days until Ex dividend | 28 days |
| Days until Dividend pay date | 44 days |
Does FTS pay a reliable dividends?
See FTS dividend history and benchmarks