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FTS

Fortis TSX:FTS Stock Report

Last Price

CA$53.70

Market Cap

CA$25.7b

7D

-1.9%

1Y

-3.4%

Updated

04 Oct, 2022

Data

Company Financials +
FTS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health1/6
Dividends4/6

FTS Stock Overview

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

Fortis Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortis
Historical stock prices
Current Share PriceCA$53.70
52 Week HighCA$65.26
52 Week LowCA$52.43
Beta0.15
1 Month Change-7.81%
3 Month Change-11.30%
1 Year Change-3.38%
3 Year Change-4.91%
5 Year Change18.10%
Change since IPO865.39%

Recent News & Updates

Oct 02
Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.565

Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.565

The board of Fortis Inc. ( TSE:FTS ) has announced that the dividend on 1st of December will be increased to CA$0.565...

Sep 14
Returns On Capital At Fortis (TSE:FTS) Have Stalled

Returns On Capital At Fortis (TSE:FTS) Have Stalled

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...

Aug 30
Fortis (TSE:FTS) Has A Somewhat Strained Balance Sheet

Fortis (TSE:FTS) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

FTSCA Electric UtilitiesCA Market
7D-1.9%-3.3%3.3%
1Y-3.4%0.2%-4.0%

Return vs Industry: FTS underperformed the Canadian Electric Utilities industry which returned 0.2% over the past year.

Return vs Market: FTS matched the Canadian Market which returned -4% over the past year.

Price Volatility

Is FTS's price volatile compared to industry and market?
FTS volatility
FTS Average Weekly Movement2.2%
Electric Utilities Industry Average Movement3.2%
Market Average Movement10.1%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.8%

Stable Share Price: FTS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.

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

About the Company

FoundedEmployeesCEOWebsite
18859,100Dave Hutchenshttps://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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona’s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 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 1,065,000 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 fundamental statistics
Market CapCA$25.71b
Earnings (TTM)CA$1.26b
Revenue (TTM)CA$10.10b

20.5x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FTS income statement (TTM)
RevenueCA$10.10b
Cost of RevenueCA$5.98b
Gross ProfitCA$4.12b
Other ExpensesCA$2.87b
EarningsCA$1.26b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 28, 2022

Earnings per share (EPS)2.63
Gross Margin40.81%
Net Profit Margin12.44%
Debt/Equity Ratio122.2%

How did FTS perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

80%

Payout Ratio

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks
When do you need to buy FTS by to receive an upcoming dividend?
Fortis dividend dates
Ex Dividend DateNov 16 2022
Dividend Pay DateDec 01 2022
Days until Ex dividend42 days
Days until Dividend pay date57 days

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks