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Fortis TSX:FTS.PRF Stock Report

Last Price

CA$20.07

Market Cap

CA$27.4b

7D

-0.8%

1Y

0.2%

Updated

20 May, 2024

Data

Company Financials +

FTS.PRF Stock Overview

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.

FTS.PRF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends4/6

Fortis Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortis
Historical stock prices
Current Share PriceCA$20.07
52 Week HighCA$21.40
52 Week LowCA$17.62
Beta0.18
1 Month Change5.63%
3 Month Change-1.95%
1 Year Change0.20%
3 Year Change-20.36%
5 Year Change-11.16%
Change since IPO-20.17%

Recent News & Updates

Recent updates

Shareholder Returns

FTS.PRFCA Electric UtilitiesCA Market
7D-0.8%1.0%1.0%
1Y0.2%9.5%10.8%

Return vs Industry: FTS.PRF underperformed the Canadian Electric Utilities industry which returned 9.5% over the past year.

Return vs Market: FTS.PRF underperformed the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is FTS.PRF's price volatile compared to industry and market?
FTS.PRF volatility
FTS.PRF Average Weekly Movement2.0%
Electric Utilities Industry Average Movement2.6%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.0%

Stable Share Price: FTS.PRF has not had significant price volatility in the past 3 months.

Volatility Over Time: FTS.PRF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,598Dave Hutchenswww.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

How do Fortis's earnings and revenue compare to its market cap?
FTS.PRF fundamental statistics
Market capCA$27.36b
Earnings (TTM)CA$1.53b
Revenue (TTM)CA$11.32b

17.9x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTS.PRF income statement (TTM)
RevenueCA$11.32b
Cost of RevenueCA$6.38b
Gross ProfitCA$4.93b
Other ExpensesCA$3.41b
EarningsCA$1.53b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 31, 2024

Earnings per share (EPS)3.10
Gross Margin43.60%
Net Profit Margin13.50%
Debt/Equity Ratio127.4%

How did FTS.PRF perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

74%

Payout Ratio
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