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Fortis TSX:FTS.PRI Stock Report

Last Price

CA$16.19

Market Cap

CA$31.1b

7D

-3.3%

1Y

6.6%

Updated

21 Nov, 2024

Data

Company Financials +

Fortis Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortis
Historical stock prices
Current Share PriceCA$16.19
52 Week HighCA$17.75
52 Week LowCA$14.66
Beta0.23
11 Month Change-3.63%
3 Month Change-5.27%
1 Year Change6.58%
33 Year Change-5.04%
5 Year Change31.31%
Change since IPO-3.05%

Recent News & Updates

Recent updates

Shareholder Returns

FTS.PRICA Electric UtilitiesCA Market
7D-3.3%3.7%1.3%
1Y6.6%29.4%23.1%

Return vs Industry: FTS.PRI underperformed the Canadian Electric Utilities industry which returned 27.8% over the past year.

Return vs Market: FTS.PRI underperformed the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is FTS.PRI's price volatile compared to industry and market?
FTS.PRI volatility
FTS.PRI Average Weekly Movement1.7%
Electric Utilities Industry Average Movement2.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: FTS.PRI has not had significant price volatility in the past 3 months compared to the Canadian market.

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

About the Company

FoundedEmployeesCEOWebsite
18859,600Dave 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.PRI fundamental statistics
Market capCA$31.08b
Earnings (TTM)CA$1.59b
Revenue (TTM)CA$11.44b

19.6x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTS.PRI income statement (TTM)
RevenueCA$11.44b
Cost of RevenueCA$6.36b
Gross ProfitCA$5.09b
Other ExpensesCA$3.50b
EarningsCA$1.59b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.19
Gross Margin44.46%
Net Profit Margin13.86%
Debt/Equity Ratio129.8%

How did FTS.PRI perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

73%

Payout Ratio

Does FTS.PRI pay a reliable dividends?

See FTS.PRI dividend history and benchmarks
When do you need to buy FTS.PRI by to receive an upcoming dividend?
Fortis dividend dates
Ex Dividend DateNov 18 2024
Dividend Pay DateDec 01 2024
Days until Ex dividend5 days
Days until Dividend pay date8 days

Does FTS.PRI pay a reliable dividends?

See FTS.PRI dividend history and benchmarks