View ValuationFortis 将来の成長Future 基準チェック /16Fortis利益と収益がそれぞれ年間8.4%と4.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7.8% 6.8%なると予測されています。主要情報8.4%収益成長率6.81%EPS成長率Electric Utilities 収益成長8.0%収益成長率4.6%将来の株主資本利益率7.85%アナリストカバレッジGood最終更新日07 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 08Fortis Inc. Announces Retirement of Gary Smith as Executive Vice President, Operations and Technology, Effective May 31, 2026Fortis Inc. announced that effective May 31, 2026, Gary Smith, Executive Vice President, Operations and Technology, will retire after a 42-year career with the Corporation. Mr. Smith joined Fortis in 2017 having previously served as President and Chief Executive Officer of Newfoundland Power and in senior executive roles with Maritime Electric and FortisAlberta. Following his retirement, Mr. Smith’s areas of oversight will be assumed by other senior executives.お知らせ • Apr 10Fortis Inc. to Report Q1, 2026 Results on May 06, 2026Fortis Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026お知らせ • Feb 19Fortis Inc., Annual General Meeting, May 07, 2026Fortis Inc., Annual General Meeting, May 07, 2026. Location: newfoundland and labrador, st johns Canadaお知らせ • Feb 12Fortis Inc. Declares Second Quarter Dividend for 2026, Payable on June 1, 2026The Board of Directors of Fortis Inc. has declared dividend of $0.64 per share for the second quarter of 2026 payable on June 1, 2026 to the Shareholders of Record on the Common Shares of the Corporation at the close of business on May 15, 2026.Declared Dividend • Dec 30Third quarter dividend of CA$0.64 announcedShareholders will receive a dividend of CA$0.64. Ex-date: 17th February 2026 Payment date: 1st March 2026 Dividend yield will be 4.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 18Fortis Inc. to Report Q4, 2025 Results on Feb 12, 2026Fortis Inc. announced that they will report Q4, 2025 results on Feb 12, 2026お知らせ • Dec 05Fortis Inc. Announces First Quarter Dividend for 2026, Payable on March 1, 2026The Board of Directors of Fortis Inc. has declared dividend of $0.64 per share on the Common Shares for the first quarter of 2026 payable on March 1, 2026 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 17, 2026.お知らせ • Nov 05Fortis Inc. Declares Dividend on the Common Shares for the Fourth Quarter 2025, Payable on December 1, 2025The Board of Directors of Fortis has declared dividend of $0.64 per share on the Common Shares for the fourth quarter 2025 payable on December 1, 2025 to the Shareholders of Record at the close of business on November 17, 2025.お知らせ • Sep 30Fortis Inc. to Report Q3, 2025 Results on Nov 04, 2025Fortis Inc. announced that they will report Q3, 2025 results on Nov 04, 2025お知らせ • Sep 05+ 1 more updateVision Ridge Partners, LLC acquired FortisTCI Ltd. from Fortis Inc. (TSX:FTS).Vision Ridge Partners, LLC acquired FortisTCI Ltd. from Fortis Inc. (TSX:FTS) on September 3, 2025. As part of consideration, an undisclosed value is paid towards common equity of Pelican Energy TCI. In connection with the ownership transition, the Company has rebranded as Pelican Energy TCI, reflecting its renewed focus on building a more sustainable and resilient energy future for TCI. Carlos Ardila, Tony Del Pino, Justin T. Stolte, Marcela Ruenes, Jeff Tochner, Laura Szarmach, Eric Kamerman, Andrew Galdes, Katherine Sawyer, Jason Cruise, Robert Brown, Harrison White, Joshua Marnitz, Seth Richardson, Santiago Bejarano of Latham & Watkins LLP acted as legal advisor for Vision Ridge Partners, LLC. Vision Ridge Partners, LLC completed the acquisition of FortisTCI Ltd. from Fortis Inc. (TSX:FTS) on September 3, 2025.お知らせ • Sep 03Fortis Inc. announced that it expects to receive CAD 750 million in fundingFortis Inc. announced that it has entered into an agreement for a private placement on best efforts and it will issue senior unsecured notes for aggregate gross proceeds of CAD 750 million on September 2, 2025. The company will issue notes for an aggregate principal amount of CAD 750 million. The notes bears interest at a rate of 5.100% per annum and due on December 4, 2055. The transaction is expected to close on September 4, 2025.お知らせ • Aug 29Fortis Expands Embedded Payments Capabilities with Adobe Commerce Extension and App Assurance CertificationFortis announced the launch of its FortisPay extension for Adobe Commerce, earning Adobe Commerce App Assurance Program Certification and reinforcing its commitment to secure, scalable, and seamless payment experiences. This milestone highlights Fortis' commitment to empowering B2B and services businesses with flexible payment solutions that streamline operations and enhance ecommerce experiences. The extension is designed to support software platforms, system integrators, digital agencies, and Value-Added Resellers (VARs) with robust embedded payment capabilities. The FortisPay app extension for Adobe Commerce streamlines payment processing and optimizes checkout for omnichannel retail. Key Benefits for Businesses: Flexible Payment Options - Accept eCheck, ACH, credit cards, Apple Pay, Google Pay, and more. Recurring Commerce at Scale - Safely and securely store payment information and monitor for expired cards with proprietary account management technology. B2B Optimization - Level 2 and Level 3 processing to improve efficiency and transparency while minimizing costs. Enhanced Operations - Real-time order status updates embedded directly in the ecommerce platform. ERP Integrations- Embedded workflows with NetSuite, Microsoft, Sage, Acumatica, and other leading ERP solutions. Scalability - Future-proof solutions support omnichannel business growth and evolving payment needs. Key Benefits for Partners: Adobe Commerce App Assurance Certified - Validated for security, performance, and quality, to ensure merchant reliability. Seamless Interaction - Tokenized APIs and a plug-and-play iframe reduce development time. Revenue Growth Opportunities - Access Fortis' partner programs to monetize payments and expand service offerings.お知らせ • Aug 01Fortis Inc. Declares Dividend on Common Shares, Payable on September 1, 2025The Board of Directors of Fortis Inc. has declared the following dividends payable on September 1, 2025 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 19, 2025: $0.615 per share on the Common Shares.お知らせ • Jul 08Fortis Inc. to Report Q2, 2025 Results on Aug 01, 2025Fortis Inc. announced that they will report Q2, 2025 results on Aug 01, 2025お知らせ • Apr 09Fortis Inc. to Report Q1, 2025 Results on May 07, 2025Fortis Inc. announced that they will report Q1, 2025 results on May 07, 2025お知らせ • Mar 25Fortis Inc. announced that it expects to receive CAD 600 million in fundingFortis Inc. announced that it has entered into an agreement for a private placement on best efforts and it will issue senior unsecured notes for aggregate gross proceeds of CAD 600 million on March 24, 2025. The company will issue notes for an aggregate principal amount of CAD 600 million. The notes bears interest at a rate of 4.090 % per annum and due on March 26, 2032. Interest on the notes will be payable semi-annually in arrears on March 26 and Sept. 26 of each year, commencing on Sept. 26, 2025. The transaction is expected to close on March 26, 2025.お知らせ • Feb 24Fortis Inc., Annual General Meeting, May 08, 2025Fortis Inc., Annual General Meeting, May 08, 2025. Location: st. johns nl meeting location (hybrid), Canadaお知らせ • Feb 14Fortis Inc. Declares Dividend on Common Shares for the Second Quarter of 2025, Payable on June 1, 2025The Board of Directors of Fortis Inc. has declared dividend of CAD 0.615 per share on Common Shares for the Second Quarter of 2025, payable on June 1, 2025 to the Shareholders of Record of at the close of business on May 16, 2025.お知らせ • Jan 18Fortis Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025Fortis Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025お知らせ • Dec 24Fortis Inc. Announces Changes to its Board of DirectorsFortis Inc. announced changes to its Board of Directors. The Board has accepted Ms. Lisa Crutchfield’s resignation as a director of the Corporation effective December 31, 2024, and appointed Gregory Knight to fill the vacancy effective January 1, 2025. Mr. Knight has extensive executive utility experience, most recently as the Executive Vice President, Customer Transformation and Business Services with CenterPoint Energy Inc., and the Chief Customer Officer with National Grid USA Service Company Inc.お知らせ • Dec 05Fortis Inc. Announces First Quarter Dividend for 2025, Payable on March 1, 2025The Board of Directors of Fortis Inc. has declared first quarter dividend for 2025 of CAD 0.615 per share on the common shares, payable on March 1, 2025 to the Shareholders of Record of the Shares of the Corporation at the close of business on February 18, 2025.Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: CA$0.85 (vs CA$0.81 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.85 (up from CA$0.81 in 3Q 2023). Revenue: CA$2.77b (up 1.9% from 3Q 2023). Net income: CA$420.0m (up 6.6% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 05Fortis Inc. Provides Annual Dividend Growth Guidance Through 2029Fortis Inc. remained committed to the company's regulated growth strategy, focused on annual dividend growth of 4%-6% through 2029 for shareholders, while delivering affordable and reliable energy to the company's customers.Declared Dividend • Oct 07Second quarter dividend of CA$0.61 announcedShareholders will receive a dividend of CA$0.61. Ex-date: 18th November 2024 Payment date: 1st December 2024 Dividend yield will be 4.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Sep 30Now 20% undervaluedOver the last 90 days, the stock has risen 11% to €40.50. The fair value is estimated to be €50.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 7.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.お知らせ • Sep 26Fortis Inc. Announces Fourth Quarter Dividend, Payable on December 1, 2024The Board of Directors of Fortis Inc. has declared fourth quarter dividend of CAD 0.615 per share on the common shares, payable on December 1, 2024 to the Shareholders of Record of the Shares of the Corporation at the close of business on November 18, 2024.お知らせ • Sep 06Fortis Inc. announced that it expects to receive CAD 500 million in fundingFortis Inc. announced that it has entered into an agreement for a private placement on best efforts and it will issue senior unsecured notes for aggregate gross proceeds of CAD 500 million on September 5, 2024. The company will issue notes for an aggregate principal amount of CAD 500 million. The notes bears interest at a rate of 4.171% per annum and due on September 9, 2031. Interest on the notes will be payable semi-annually in arrears on March 9 and September 9 of each year, commencing on March 9, 2025. The transaction is expected to close on September 9, 2024.Declared Dividend • Aug 04Second quarter dividend of CA$0.59 announcedShareholders will receive a dividend of CA$0.59. Ex-date: 20th August 2024 Payment date: 1st September 2024 Dividend yield will be 4.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: CA$0.67 (vs CA$0.61 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.67 (up from CA$0.61 in 2Q 2023). Revenue: CA$2.67b (up 2.9% from 2Q 2023). Net income: CA$331.0m (up 13% from 2Q 2023). Profit margin: 12% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 31Fortis Inc. Announces Third Quarter Dividend, Payable on September 1, 2024The Board of Directors of Fortis Inc. has declared dividend of $0.59 per share on the common shares, payable on September 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 20, 2024.Buy Or Sell Opportunity • Jul 23Now 20% undervaluedOver the last 90 days, the stock has risen 1.1% to €37.07. The fair value is estimated to be €46.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period.Buy Or Sell Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock has risen 1.1% to €37.11. The fair value is estimated to be €46.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.Buy Or Sell Opportunity • May 24Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €36.76. The fair value is estimated to be €46.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.Upcoming Dividend • May 09Upcoming dividend of CA$0.59 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 01 June 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.6%).Buy Or Sell Opportunity • May 06Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €37.12. The fair value is estimated to be €46.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.お知らせ • May 04Fortis Inc. elects Jo Mark Zurel to the BoardFortis Inc. elected Jo Mark Zurel to the Board to serve until the next Annual Meeting of Shareholders or until their successors are elected or appointed.お知らせ • May 03Fortis Inc. to Report Q3, 2024 Results on Nov 05, 2024Fortis Inc. announced that they will report Q3, 2024 results on Nov 05, 2024Reported Earnings • May 02First quarter 2024 earnings released: EPS: CA$0.93 (vs CA$0.91 in 1Q 2023)First quarter 2024 results: EPS: CA$0.93 (up from CA$0.91 in 1Q 2023). Revenue: CA$3.12b (down 6.1% from 1Q 2023). Net income: CA$477.0m (up 9.2% from 1Q 2023). Profit margin: 15% (up from 13% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.3% increase in shares outstanding).Recent Insider Transactions • Feb 29President recently bought €892k worth of stockOn the 27th of February, David Hutchens bought around 25k shares on-market at roughly €35.68 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.Declared Dividend • Feb 19Dividend of CA$0.59 announcedShareholders will receive a dividend of CA$0.59. Ex-date: 16th May 2024 Payment date: 1st June 2024 Dividend yield will be 4.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 18Fortis Inc., Annual General Meeting, May 02, 2024Fortis Inc., Annual General Meeting, May 02, 2024.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: CA$3.10 (vs CA$2.78 in FY 2022)Full year 2023 results: EPS: CA$3.10 (up from CA$2.78 in FY 2022). Revenue: CA$11.5b (up 4.3% from FY 2022). Net income: CA$1.51b (up 13% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.お知らせ • Feb 10+ 1 more updateFortis Inc. to Report Q2, 2024 Results on Jul 31, 2024Fortis Inc. announced that they will report Q2, 2024 results on Jul 31, 2024お知らせ • Feb 09Fortis Inc. Declares Dividend for the Second Quarter of 2024, Payable on June 1, 2024Fortis Inc. declared $0.59 per share on the Common Shares for the second quarter of 2024, Payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024.Upcoming Dividend • Feb 08Upcoming dividend of CA$0.59 per share at 4.5% yieldEligible shareholders must have bought the stock before 15 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.5%).お知らせ • Dec 07Fortis Inc. Announces First Quarter 2024 Dividend, Payable on March 1, 2024The Board of Directors of Fortis Inc. has declared dividend of $0.59 per share on the common shares, payable on March 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 16, 2024.Upcoming Dividend • Nov 09Upcoming dividend of CA$0.59 per share at 4.2% yieldEligible shareholders must have bought the stock before 16 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CA$0.81 (vs CA$0.68 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.81 (up from CA$0.68 in 3Q 2022). Revenue: CA$2.72b (up 6.5% from 3Q 2022). Net income: CA$394.0m (up 21% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.お知らせ • Sep 20Fortis Inc. Announces Fourth Quarter Dividend, Payable on December 1, 2023The Board of Directors of Fortis declared a common share dividend of $0.59 per share on the issued and outstanding fully paid common shares of the Corporation, representing an approximate 4.4% increase in the quarterly dividend, payable on December 1, 2023 to the common Shareholders of Record at the close of business on November 17, 2023, marking 50 consecutive years of increased dividends.Upcoming Dividend • Aug 11Upcoming dividend of CA$0.56 per share at 4.2% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.4%).Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: CA$0.61 (vs CA$0.59 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.61 (up from CA$0.59 in 2Q 2022). Revenue: CA$2.59b (up 4.3% from 2Q 2022). Net income: CA$311.0m (up 9.5% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.お知らせ • Aug 03+ 1 more updateFortis Inc. to Report Q4, 2023 Results on Feb 09, 2024Fortis Inc. announced that they will report Q4, 2023 results on Feb 09, 2024お知らせ • Aug 02Fortis Inc. Announces Dividend for the Third Quarter 2023, Payable on September 1, 2023The Board of Directors of Fortis Inc. has declared the dividend of $0.565 per share on the Common Shares of the Corporation, payable on September 1, 2023 to the Shareholders of Record at the close of business on August 21, 2023.Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Don Marchand was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 09Upcoming dividend of CA$0.56 per share at 3.7% yieldEligible shareholders must have bought the stock before 16 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.8%).Reported Earnings • May 04First quarter 2023 earnings released: EPS: CA$0.90 (vs CA$0.74 in 1Q 2022)First quarter 2023 results: EPS: CA$0.90 (up from CA$0.74 in 1Q 2022). Revenue: CA$3.32b (up 17% from 1Q 2022). Net income: CA$453.0m (up 29% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Recent Insider Transactions • Feb 19Chief Information Officer & VP recently sold €109k worth of stockOn the 16th of February, Ronald Hinsley sold around 3k shares on-market at roughly €38.14 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.1m more than they sold in the last 12 months.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: CA$2.78 (vs CA$2.61 in FY 2021)Full year 2022 results: EPS: CA$2.78 (up from CA$2.61 in FY 2021). Revenue: CA$11.0b (up 17% from FY 2021). Net income: CA$1.33b (up 8.0% from FY 2021). Profit margin: 12% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Feb 11Fortis Inc. Announces Second Quarter Dividend on the Common Shares, Payable on June 1, 2023Fortis Inc. declared dividend of $0.565 per share on the Common Shares of the Corporation, payable on June 1, 2023 to the Shareholders of record at the close of business on May 17, 2023.Upcoming Dividend • Feb 07Upcoming dividend of CA$0.56 per share at 4.1% yieldEligible shareholders must have bought the stock before 14 February 2023. Payment date: 01 March 2023. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.4%).Upcoming Dividend • Nov 09Upcoming dividend of CA$0.56 per shareEligible shareholders must have bought the stock before 16 November 2022. Payment date: 01 December 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (4.6%).Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CA$0.68 (vs CA$0.63 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.68 (up from CA$0.63 in 3Q 2021). Revenue: CA$2.55b (up 16% from 3Q 2021). Net income: CA$326.0m (up 11% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Oct 29Fortis Inc. to Report Q4, 2022 Results on Feb 10, 2023Fortis Inc. announced that they will report Q4, 2022 results on Feb 10, 2023Buying Opportunity • Sep 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be €52.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 6.8% per annum over the same time period.Upcoming Dividend • Aug 11Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 01 September 2022. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.2%).Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: CA$0.59 (vs CA$0.54 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.59 (up from CA$0.54 in 2Q 2021). Revenue: CA$2.49b (up 17% from 2Q 2021). Net income: CA$284.0m (up 12% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 2.6%, compared to a 1.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Recent Insider Transactions • Jun 19Executive VP recently bought €57k worth of stockOn the 17th of June, James Reid bought around 1k shares on-market at roughly €42.46 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €103k more in shares than they have sold in the last 12 months.Upcoming Dividend • May 09Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 01 June 2022. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.2%).Reported Earnings • May 05First quarter 2022 earnings released: EPS: CA$0.74 (vs CA$0.76 in 1Q 2021)First quarter 2022 results: EPS: CA$0.74. Revenue: CA$2.84b (up 12% from 1Q 2021). Net income: CA$366.0m (up 3.1% from 1Q 2021). Profit margin: 13% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 2.3% growth forecast for the industry in Germany.Reported Earnings • Feb 12Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CA$2.61 (up from CA$2.60 in FY 2020). Revenue: CA$9.45b (up 5.7% from FY 2020). Net income: CA$1.23b (up 1.8% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 3.6%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Upcoming Dividend • Feb 07Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 14 February 2022. Payment date: 01 March 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.2%).Upcoming Dividend • Nov 09Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 16 November 2021. Payment date: 01 December 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%).Upcoming Dividend • Aug 11Upcoming dividend of CA$0.51 per shareEligible shareholders must have bought the stock before 18 August 2021. Payment date: 01 September 2021. Trailing yield: 3.5%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%).Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS CA$0.54 (vs CA$0.59 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings, although profit margins were flat and revenues improved. Second quarter 2021 results: Revenue: CA$2.13b (up 2.6% from 2Q 2020). Net income: CA$269.0m (down 1.8% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 07Upcoming dividend of CA$0.51 per shareEligible shareholders must have bought the stock before 14 May 2021. Payment date: 01 June 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.8%).Reported Earnings • May 06First quarter 2021 earnings released: EPS CA$0.76 (vs CA$0.67 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$2.54b (up 6.2% from 1Q 2020). Net income: CA$371.0m (up 19% from 1Q 2020). Profit margin: 15% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.Recent Insider Transactions • Feb 24President recently bought €664k worth of stockOn the 19th of February, David Hutchens bought around 20k shares on-market at roughly €33.22 per share. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of €1.6m worth in shares.Is New 90 Day High Low • Feb 23New 90-day low: €32.25The company is down 5.0% from its price of €33.95 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.86 per share.Analyst Estimate Surprise Post Earnings • Feb 13Revenue misses expectationsRevenue missed analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 7.9%, compared to a 14% growth forecast for the Electric Utilities industry in Germany.Reported Earnings • Feb 13Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CA$8.94b (up 1.7% from FY 2019). Net income: CA$1.21b (down 27% from FY 2019). Profit margin: 14% (down from 19% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 08New 90-day low: €32.80The company is down 8.0% from its price of €35.63 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.75 per share.Is New 90 Day High Low • Dec 03New 90-day low: €32.91The company is down 3.0% from its price of €33.87 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.30 per share.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS CA$0.63The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: CA$2.12b (up 3.4% from 3Q 2019). Net income: CA$292.0m (up 5.0% from 3Q 2019). Profit margin: 14% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Nov 02Revenue misses expectationsRevenue missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 6.4%, compared to a 17% growth forecast for the Electric Utilities industry in Germany.業績と収益の成長予測DB:12F - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202814,4442,2005715,043512/31/202713,8702,013934,700812/31/202613,8541,892-2064,46323/31/202612,2351,716-2,2873,952N/A12/31/202512,1701,714-2,1724,062N/A9/30/202512,0401,688-2,2274,006N/A6/30/202511,8731,699-1,7634,317N/A3/31/202511,7281,646-1,3214,327N/A12/31/202411,5081,606-1,3363,882N/A9/30/202411,4441,591-1,1093,666N/A6/30/202411,3921,565-1,1903,268N/A3/31/202411,3161,528-9303,398N/A12/31/202311,5171,506-6243,545N/A9/30/202311,8001,495-3653,668N/A6/30/202311,6341,427-6403,361N/A3/31/202311,5271,417-7283,176N/A12/31/202211,0431,330-7913,074N/A9/30/202210,4581,288-8032,922N/A6/30/202210,1011,257-5923,000N/A3/31/20229,7441,226-5162,981N/A12/31/20219,4481,231-4792,907N/A9/30/20219,2111,234-7632,890N/A6/30/20219,1361,231-8312,865N/A3/31/20219,0831,252-8312,850N/A12/31/20208,9351,209-1,3382,701N/A9/30/20208,9151,224-1,2872,635N/A6/30/20208,8451,210-1,2682,806N/A3/31/20208,7381,656-1,4302,712N/A12/31/20198,7831,655N/A2,663N/A9/30/20198,6631,570N/A2,566N/A6/30/20198,6521,568N/A2,505N/A3/31/20198,6291,088N/A2,556N/A12/31/20188,3901,100N/A2,604N/A9/30/20188,295973N/A2,833N/A6/30/20188,156975N/A2,837N/A3/31/20188,224992N/A2,804N/A12/31/20178,301963N/A2,756N/A9/30/20178,2431,018N/A2,465N/A6/30/20177,870867N/A2,143N/A3/31/20177,340717N/A1,942N/A12/31/20166,838585N/A1,884N/A9/30/20166,523531N/A1,806N/A6/30/20166,561555N/A1,686N/A3/31/20166,614692N/A1,706N/A12/31/20156,757728N/A1,673N/A9/30/20156,712706N/A1,610N/A6/30/20156,343569N/A1,314N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 12Fの予測収益成長率 (年間8.4% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 12Fの収益 ( 8.4% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: 12Fの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 12Fの収益 ( 4.6% ) German市場 ( 6.5% ) よりも低い成長が予測されています。高い収益成長: 12Fの収益 ( 4.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 12Fの 自己資本利益率 は、3年後には低くなると予測されています ( 7.8 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 17:33終値2026/05/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Fortis Inc. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Harshit GuptaAccountability Research CorporationDaniel FordBarclaysRoss FowlerBarclays20 その他のアナリストを表示
お知らせ • May 08Fortis Inc. Announces Retirement of Gary Smith as Executive Vice President, Operations and Technology, Effective May 31, 2026Fortis Inc. announced that effective May 31, 2026, Gary Smith, Executive Vice President, Operations and Technology, will retire after a 42-year career with the Corporation. Mr. Smith joined Fortis in 2017 having previously served as President and Chief Executive Officer of Newfoundland Power and in senior executive roles with Maritime Electric and FortisAlberta. Following his retirement, Mr. Smith’s areas of oversight will be assumed by other senior executives.
お知らせ • Apr 10Fortis Inc. to Report Q1, 2026 Results on May 06, 2026Fortis Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026
お知らせ • Feb 19Fortis Inc., Annual General Meeting, May 07, 2026Fortis Inc., Annual General Meeting, May 07, 2026. Location: newfoundland and labrador, st johns Canada
お知らせ • Feb 12Fortis Inc. Declares Second Quarter Dividend for 2026, Payable on June 1, 2026The Board of Directors of Fortis Inc. has declared dividend of $0.64 per share for the second quarter of 2026 payable on June 1, 2026 to the Shareholders of Record on the Common Shares of the Corporation at the close of business on May 15, 2026.
Declared Dividend • Dec 30Third quarter dividend of CA$0.64 announcedShareholders will receive a dividend of CA$0.64. Ex-date: 17th February 2026 Payment date: 1st March 2026 Dividend yield will be 4.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 18Fortis Inc. to Report Q4, 2025 Results on Feb 12, 2026Fortis Inc. announced that they will report Q4, 2025 results on Feb 12, 2026
お知らせ • Dec 05Fortis Inc. Announces First Quarter Dividend for 2026, Payable on March 1, 2026The Board of Directors of Fortis Inc. has declared dividend of $0.64 per share on the Common Shares for the first quarter of 2026 payable on March 1, 2026 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 17, 2026.
お知らせ • Nov 05Fortis Inc. Declares Dividend on the Common Shares for the Fourth Quarter 2025, Payable on December 1, 2025The Board of Directors of Fortis has declared dividend of $0.64 per share on the Common Shares for the fourth quarter 2025 payable on December 1, 2025 to the Shareholders of Record at the close of business on November 17, 2025.
お知らせ • Sep 30Fortis Inc. to Report Q3, 2025 Results on Nov 04, 2025Fortis Inc. announced that they will report Q3, 2025 results on Nov 04, 2025
お知らせ • Sep 05+ 1 more updateVision Ridge Partners, LLC acquired FortisTCI Ltd. from Fortis Inc. (TSX:FTS).Vision Ridge Partners, LLC acquired FortisTCI Ltd. from Fortis Inc. (TSX:FTS) on September 3, 2025. As part of consideration, an undisclosed value is paid towards common equity of Pelican Energy TCI. In connection with the ownership transition, the Company has rebranded as Pelican Energy TCI, reflecting its renewed focus on building a more sustainable and resilient energy future for TCI. Carlos Ardila, Tony Del Pino, Justin T. Stolte, Marcela Ruenes, Jeff Tochner, Laura Szarmach, Eric Kamerman, Andrew Galdes, Katherine Sawyer, Jason Cruise, Robert Brown, Harrison White, Joshua Marnitz, Seth Richardson, Santiago Bejarano of Latham & Watkins LLP acted as legal advisor for Vision Ridge Partners, LLC. Vision Ridge Partners, LLC completed the acquisition of FortisTCI Ltd. from Fortis Inc. (TSX:FTS) on September 3, 2025.
お知らせ • Sep 03Fortis Inc. announced that it expects to receive CAD 750 million in fundingFortis Inc. announced that it has entered into an agreement for a private placement on best efforts and it will issue senior unsecured notes for aggregate gross proceeds of CAD 750 million on September 2, 2025. The company will issue notes for an aggregate principal amount of CAD 750 million. The notes bears interest at a rate of 5.100% per annum and due on December 4, 2055. The transaction is expected to close on September 4, 2025.
お知らせ • Aug 29Fortis Expands Embedded Payments Capabilities with Adobe Commerce Extension and App Assurance CertificationFortis announced the launch of its FortisPay extension for Adobe Commerce, earning Adobe Commerce App Assurance Program Certification and reinforcing its commitment to secure, scalable, and seamless payment experiences. This milestone highlights Fortis' commitment to empowering B2B and services businesses with flexible payment solutions that streamline operations and enhance ecommerce experiences. The extension is designed to support software platforms, system integrators, digital agencies, and Value-Added Resellers (VARs) with robust embedded payment capabilities. The FortisPay app extension for Adobe Commerce streamlines payment processing and optimizes checkout for omnichannel retail. Key Benefits for Businesses: Flexible Payment Options - Accept eCheck, ACH, credit cards, Apple Pay, Google Pay, and more. Recurring Commerce at Scale - Safely and securely store payment information and monitor for expired cards with proprietary account management technology. B2B Optimization - Level 2 and Level 3 processing to improve efficiency and transparency while minimizing costs. Enhanced Operations - Real-time order status updates embedded directly in the ecommerce platform. ERP Integrations- Embedded workflows with NetSuite, Microsoft, Sage, Acumatica, and other leading ERP solutions. Scalability - Future-proof solutions support omnichannel business growth and evolving payment needs. Key Benefits for Partners: Adobe Commerce App Assurance Certified - Validated for security, performance, and quality, to ensure merchant reliability. Seamless Interaction - Tokenized APIs and a plug-and-play iframe reduce development time. Revenue Growth Opportunities - Access Fortis' partner programs to monetize payments and expand service offerings.
お知らせ • Aug 01Fortis Inc. Declares Dividend on Common Shares, Payable on September 1, 2025The Board of Directors of Fortis Inc. has declared the following dividends payable on September 1, 2025 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 19, 2025: $0.615 per share on the Common Shares.
お知らせ • Jul 08Fortis Inc. to Report Q2, 2025 Results on Aug 01, 2025Fortis Inc. announced that they will report Q2, 2025 results on Aug 01, 2025
お知らせ • Apr 09Fortis Inc. to Report Q1, 2025 Results on May 07, 2025Fortis Inc. announced that they will report Q1, 2025 results on May 07, 2025
お知らせ • Mar 25Fortis Inc. announced that it expects to receive CAD 600 million in fundingFortis Inc. announced that it has entered into an agreement for a private placement on best efforts and it will issue senior unsecured notes for aggregate gross proceeds of CAD 600 million on March 24, 2025. The company will issue notes for an aggregate principal amount of CAD 600 million. The notes bears interest at a rate of 4.090 % per annum and due on March 26, 2032. Interest on the notes will be payable semi-annually in arrears on March 26 and Sept. 26 of each year, commencing on Sept. 26, 2025. The transaction is expected to close on March 26, 2025.
お知らせ • Feb 24Fortis Inc., Annual General Meeting, May 08, 2025Fortis Inc., Annual General Meeting, May 08, 2025. Location: st. johns nl meeting location (hybrid), Canada
お知らせ • Feb 14Fortis Inc. Declares Dividend on Common Shares for the Second Quarter of 2025, Payable on June 1, 2025The Board of Directors of Fortis Inc. has declared dividend of CAD 0.615 per share on Common Shares for the Second Quarter of 2025, payable on June 1, 2025 to the Shareholders of Record of at the close of business on May 16, 2025.
お知らせ • Jan 18Fortis Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025Fortis Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025
お知らせ • Dec 24Fortis Inc. Announces Changes to its Board of DirectorsFortis Inc. announced changes to its Board of Directors. The Board has accepted Ms. Lisa Crutchfield’s resignation as a director of the Corporation effective December 31, 2024, and appointed Gregory Knight to fill the vacancy effective January 1, 2025. Mr. Knight has extensive executive utility experience, most recently as the Executive Vice President, Customer Transformation and Business Services with CenterPoint Energy Inc., and the Chief Customer Officer with National Grid USA Service Company Inc.
お知らせ • Dec 05Fortis Inc. Announces First Quarter Dividend for 2025, Payable on March 1, 2025The Board of Directors of Fortis Inc. has declared first quarter dividend for 2025 of CAD 0.615 per share on the common shares, payable on March 1, 2025 to the Shareholders of Record of the Shares of the Corporation at the close of business on February 18, 2025.
Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: CA$0.85 (vs CA$0.81 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.85 (up from CA$0.81 in 3Q 2023). Revenue: CA$2.77b (up 1.9% from 3Q 2023). Net income: CA$420.0m (up 6.6% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 05Fortis Inc. Provides Annual Dividend Growth Guidance Through 2029Fortis Inc. remained committed to the company's regulated growth strategy, focused on annual dividend growth of 4%-6% through 2029 for shareholders, while delivering affordable and reliable energy to the company's customers.
Declared Dividend • Oct 07Second quarter dividend of CA$0.61 announcedShareholders will receive a dividend of CA$0.61. Ex-date: 18th November 2024 Payment date: 1st December 2024 Dividend yield will be 4.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Sep 30Now 20% undervaluedOver the last 90 days, the stock has risen 11% to €40.50. The fair value is estimated to be €50.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 7.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
お知らせ • Sep 26Fortis Inc. Announces Fourth Quarter Dividend, Payable on December 1, 2024The Board of Directors of Fortis Inc. has declared fourth quarter dividend of CAD 0.615 per share on the common shares, payable on December 1, 2024 to the Shareholders of Record of the Shares of the Corporation at the close of business on November 18, 2024.
お知らせ • Sep 06Fortis Inc. announced that it expects to receive CAD 500 million in fundingFortis Inc. announced that it has entered into an agreement for a private placement on best efforts and it will issue senior unsecured notes for aggregate gross proceeds of CAD 500 million on September 5, 2024. The company will issue notes for an aggregate principal amount of CAD 500 million. The notes bears interest at a rate of 4.171% per annum and due on September 9, 2031. Interest on the notes will be payable semi-annually in arrears on March 9 and September 9 of each year, commencing on March 9, 2025. The transaction is expected to close on September 9, 2024.
Declared Dividend • Aug 04Second quarter dividend of CA$0.59 announcedShareholders will receive a dividend of CA$0.59. Ex-date: 20th August 2024 Payment date: 1st September 2024 Dividend yield will be 4.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: CA$0.67 (vs CA$0.61 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.67 (up from CA$0.61 in 2Q 2023). Revenue: CA$2.67b (up 2.9% from 2Q 2023). Net income: CA$331.0m (up 13% from 2Q 2023). Profit margin: 12% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 31Fortis Inc. Announces Third Quarter Dividend, Payable on September 1, 2024The Board of Directors of Fortis Inc. has declared dividend of $0.59 per share on the common shares, payable on September 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 20, 2024.
Buy Or Sell Opportunity • Jul 23Now 20% undervaluedOver the last 90 days, the stock has risen 1.1% to €37.07. The fair value is estimated to be €46.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period.
Buy Or Sell Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock has risen 1.1% to €37.11. The fair value is estimated to be €46.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
Buy Or Sell Opportunity • May 24Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €36.76. The fair value is estimated to be €46.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
Upcoming Dividend • May 09Upcoming dividend of CA$0.59 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 01 June 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.6%).
Buy Or Sell Opportunity • May 06Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €37.12. The fair value is estimated to be €46.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
お知らせ • May 04Fortis Inc. elects Jo Mark Zurel to the BoardFortis Inc. elected Jo Mark Zurel to the Board to serve until the next Annual Meeting of Shareholders or until their successors are elected or appointed.
お知らせ • May 03Fortis Inc. to Report Q3, 2024 Results on Nov 05, 2024Fortis Inc. announced that they will report Q3, 2024 results on Nov 05, 2024
Reported Earnings • May 02First quarter 2024 earnings released: EPS: CA$0.93 (vs CA$0.91 in 1Q 2023)First quarter 2024 results: EPS: CA$0.93 (up from CA$0.91 in 1Q 2023). Revenue: CA$3.12b (down 6.1% from 1Q 2023). Net income: CA$477.0m (up 9.2% from 1Q 2023). Profit margin: 15% (up from 13% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
Recent Insider Transactions • Feb 29President recently bought €892k worth of stockOn the 27th of February, David Hutchens bought around 25k shares on-market at roughly €35.68 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
Declared Dividend • Feb 19Dividend of CA$0.59 announcedShareholders will receive a dividend of CA$0.59. Ex-date: 16th May 2024 Payment date: 1st June 2024 Dividend yield will be 4.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 18Fortis Inc., Annual General Meeting, May 02, 2024Fortis Inc., Annual General Meeting, May 02, 2024.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: CA$3.10 (vs CA$2.78 in FY 2022)Full year 2023 results: EPS: CA$3.10 (up from CA$2.78 in FY 2022). Revenue: CA$11.5b (up 4.3% from FY 2022). Net income: CA$1.51b (up 13% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Feb 10+ 1 more updateFortis Inc. to Report Q2, 2024 Results on Jul 31, 2024Fortis Inc. announced that they will report Q2, 2024 results on Jul 31, 2024
お知らせ • Feb 09Fortis Inc. Declares Dividend for the Second Quarter of 2024, Payable on June 1, 2024Fortis Inc. declared $0.59 per share on the Common Shares for the second quarter of 2024, Payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024.
Upcoming Dividend • Feb 08Upcoming dividend of CA$0.59 per share at 4.5% yieldEligible shareholders must have bought the stock before 15 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.5%).
お知らせ • Dec 07Fortis Inc. Announces First Quarter 2024 Dividend, Payable on March 1, 2024The Board of Directors of Fortis Inc. has declared dividend of $0.59 per share on the common shares, payable on March 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 16, 2024.
Upcoming Dividend • Nov 09Upcoming dividend of CA$0.59 per share at 4.2% yieldEligible shareholders must have bought the stock before 16 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CA$0.81 (vs CA$0.68 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.81 (up from CA$0.68 in 3Q 2022). Revenue: CA$2.72b (up 6.5% from 3Q 2022). Net income: CA$394.0m (up 21% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Sep 20Fortis Inc. Announces Fourth Quarter Dividend, Payable on December 1, 2023The Board of Directors of Fortis declared a common share dividend of $0.59 per share on the issued and outstanding fully paid common shares of the Corporation, representing an approximate 4.4% increase in the quarterly dividend, payable on December 1, 2023 to the common Shareholders of Record at the close of business on November 17, 2023, marking 50 consecutive years of increased dividends.
Upcoming Dividend • Aug 11Upcoming dividend of CA$0.56 per share at 4.2% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.4%).
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: CA$0.61 (vs CA$0.59 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.61 (up from CA$0.59 in 2Q 2022). Revenue: CA$2.59b (up 4.3% from 2Q 2022). Net income: CA$311.0m (up 9.5% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Aug 03+ 1 more updateFortis Inc. to Report Q4, 2023 Results on Feb 09, 2024Fortis Inc. announced that they will report Q4, 2023 results on Feb 09, 2024
お知らせ • Aug 02Fortis Inc. Announces Dividend for the Third Quarter 2023, Payable on September 1, 2023The Board of Directors of Fortis Inc. has declared the dividend of $0.565 per share on the Common Shares of the Corporation, payable on September 1, 2023 to the Shareholders of Record at the close of business on August 21, 2023.
Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Don Marchand was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 09Upcoming dividend of CA$0.56 per share at 3.7% yieldEligible shareholders must have bought the stock before 16 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.8%).
Reported Earnings • May 04First quarter 2023 earnings released: EPS: CA$0.90 (vs CA$0.74 in 1Q 2022)First quarter 2023 results: EPS: CA$0.90 (up from CA$0.74 in 1Q 2022). Revenue: CA$3.32b (up 17% from 1Q 2022). Net income: CA$453.0m (up 29% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Feb 19Chief Information Officer & VP recently sold €109k worth of stockOn the 16th of February, Ronald Hinsley sold around 3k shares on-market at roughly €38.14 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.1m more than they sold in the last 12 months.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: CA$2.78 (vs CA$2.61 in FY 2021)Full year 2022 results: EPS: CA$2.78 (up from CA$2.61 in FY 2021). Revenue: CA$11.0b (up 17% from FY 2021). Net income: CA$1.33b (up 8.0% from FY 2021). Profit margin: 12% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 11Fortis Inc. Announces Second Quarter Dividend on the Common Shares, Payable on June 1, 2023Fortis Inc. declared dividend of $0.565 per share on the Common Shares of the Corporation, payable on June 1, 2023 to the Shareholders of record at the close of business on May 17, 2023.
Upcoming Dividend • Feb 07Upcoming dividend of CA$0.56 per share at 4.1% yieldEligible shareholders must have bought the stock before 14 February 2023. Payment date: 01 March 2023. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.4%).
Upcoming Dividend • Nov 09Upcoming dividend of CA$0.56 per shareEligible shareholders must have bought the stock before 16 November 2022. Payment date: 01 December 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (4.6%).
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CA$0.68 (vs CA$0.63 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.68 (up from CA$0.63 in 3Q 2021). Revenue: CA$2.55b (up 16% from 3Q 2021). Net income: CA$326.0m (up 11% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Oct 29Fortis Inc. to Report Q4, 2022 Results on Feb 10, 2023Fortis Inc. announced that they will report Q4, 2022 results on Feb 10, 2023
Buying Opportunity • Sep 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be €52.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 6.8% per annum over the same time period.
Upcoming Dividend • Aug 11Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 01 September 2022. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.2%).
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: CA$0.59 (vs CA$0.54 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.59 (up from CA$0.54 in 2Q 2021). Revenue: CA$2.49b (up 17% from 2Q 2021). Net income: CA$284.0m (up 12% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 2.6%, compared to a 1.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jun 19Executive VP recently bought €57k worth of stockOn the 17th of June, James Reid bought around 1k shares on-market at roughly €42.46 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €103k more in shares than they have sold in the last 12 months.
Upcoming Dividend • May 09Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 01 June 2022. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.2%).
Reported Earnings • May 05First quarter 2022 earnings released: EPS: CA$0.74 (vs CA$0.76 in 1Q 2021)First quarter 2022 results: EPS: CA$0.74. Revenue: CA$2.84b (up 12% from 1Q 2021). Net income: CA$366.0m (up 3.1% from 1Q 2021). Profit margin: 13% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 2.3% growth forecast for the industry in Germany.
Reported Earnings • Feb 12Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CA$2.61 (up from CA$2.60 in FY 2020). Revenue: CA$9.45b (up 5.7% from FY 2020). Net income: CA$1.23b (up 1.8% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 3.6%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 07Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 14 February 2022. Payment date: 01 March 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.2%).
Upcoming Dividend • Nov 09Upcoming dividend of CA$0.54 per shareEligible shareholders must have bought the stock before 16 November 2021. Payment date: 01 December 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%).
Upcoming Dividend • Aug 11Upcoming dividend of CA$0.51 per shareEligible shareholders must have bought the stock before 18 August 2021. Payment date: 01 September 2021. Trailing yield: 3.5%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%).
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS CA$0.54 (vs CA$0.59 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings, although profit margins were flat and revenues improved. Second quarter 2021 results: Revenue: CA$2.13b (up 2.6% from 2Q 2020). Net income: CA$269.0m (down 1.8% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 07Upcoming dividend of CA$0.51 per shareEligible shareholders must have bought the stock before 14 May 2021. Payment date: 01 June 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.8%).
Reported Earnings • May 06First quarter 2021 earnings released: EPS CA$0.76 (vs CA$0.67 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$2.54b (up 6.2% from 1Q 2020). Net income: CA$371.0m (up 19% from 1Q 2020). Profit margin: 15% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
Recent Insider Transactions • Feb 24President recently bought €664k worth of stockOn the 19th of February, David Hutchens bought around 20k shares on-market at roughly €33.22 per share. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of €1.6m worth in shares.
Is New 90 Day High Low • Feb 23New 90-day low: €32.25The company is down 5.0% from its price of €33.95 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.86 per share.
Analyst Estimate Surprise Post Earnings • Feb 13Revenue misses expectationsRevenue missed analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 7.9%, compared to a 14% growth forecast for the Electric Utilities industry in Germany.
Reported Earnings • Feb 13Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CA$8.94b (up 1.7% from FY 2019). Net income: CA$1.21b (down 27% from FY 2019). Profit margin: 14% (down from 19% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 08New 90-day low: €32.80The company is down 8.0% from its price of €35.63 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.75 per share.
Is New 90 Day High Low • Dec 03New 90-day low: €32.91The company is down 3.0% from its price of €33.87 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.30 per share.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS CA$0.63The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: CA$2.12b (up 3.4% from 3Q 2019). Net income: CA$292.0m (up 5.0% from 3Q 2019). Profit margin: 14% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Nov 02Revenue misses expectationsRevenue missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 6.4%, compared to a 17% growth forecast for the Electric Utilities industry in Germany.