FTS Stock Overview
Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
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Cleaner Energy Investments And Regulatory Approvals Will Boost Future Prospects
Fortis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$60.35 |
| 52 Week High | CA$63.75 |
| 52 Week Low | CA$51.02 |
| Beta | 0.25 |
| 1 Month Change | -3.58% |
| 3 Month Change | -1.98% |
| 1 Year Change | 10.71% |
| 3 Year Change | -1.11% |
| 5 Year Change | 11.64% |
| Change since IPO | 1,187.47% |
Recent News & Updates
Returns On Capital At Fortis (TSE:FTS) Have Stalled
Dec 16
Here's Why Fortis (TSE:FTS) Has Caught The Eye Of Investors
Nov 14Recent updates
Returns On Capital At Fortis (TSE:FTS) Have Stalled
Dec 16Here's Why Fortis (TSE:FTS) Has Caught The Eye Of Investors
Nov 14We Think Fortis (TSE:FTS) Is Taking Some Risk With Its Debt
Oct 03Should You Be Adding Fortis (TSE:FTS) To Your Watchlist Today?
Aug 14Here's What Analysts Are Forecasting For Fortis Inc. (TSE:FTS) After Its Second-Quarter Results
Aug 02Fortis Inc.'s (TSE:FTS) Share Price Not Quite Adding Up
Jul 26Return Trends At Fortis (TSE:FTS) Aren't Appealing
Jul 11Fortis (TSE:FTS) Takes On Some Risk With Its Use Of Debt
May 02Fortis Inc. (TSE:FTS) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 03Returns At Fortis (TSE:FTS) Appear To Be Weighed Down
Feb 29Shareholder Returns
| FTS | CA Electric Utilities | CA Market | |
|---|---|---|---|
| 7D | 0.08% | 0.5% | 0.9% |
| 1Y | 10.7% | 19.4% | 15.7% |
Return vs Industry: FTS underperformed the Canadian Electric Utilities industry which returned 19.4% over the past year.
Return vs Market: FTS underperformed the Canadian Market which returned 15.7% over the past year.
Price Volatility
| FTS volatility | |
|---|---|
| FTS Average Weekly Movement | 1.9% |
| Electric Utilities Industry Average Movement | 2.6% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: FTS has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: FTS's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1885 | 9,600 | 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$30.01b |
| Earnings (TTM) | CA$1.59b |
| Revenue (TTM) | CA$11.44b |
18.9x
P/E Ratio2.6x
P/S RatioIs FTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTS income statement (TTM) | |
|---|---|
| Revenue | CA$11.44b |
| Cost of Revenue | CA$6.36b |
| Gross Profit | CA$5.09b |
| Other Expenses | CA$3.50b |
| Earnings | CA$1.59b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.20 |
| Gross Margin | 44.46% |
| Net Profit Margin | 13.90% |
| Debt/Equity Ratio | 129.8% |
How did FTS perform over the long term?
See historical performance and comparisonDividends
4.1%
Current Dividend Yield73%
Payout RatioDoes FTS pay a reliable dividends?
See FTS dividend history and benchmarks| Fortis dividend dates | |
|---|---|
| Ex Dividend Date | Feb 18 2025 |
| Dividend Pay Date | Mar 01 2025 |
| Days until Ex dividend | 49 days |
| Days until Dividend pay date | 60 days |
Does FTS pay a reliable dividends?
See FTS dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 20:11 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fortis Inc. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Daniel Ford | Barclays |
| Ross Allen Fowler | Barclays |