| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
FTS Stock Overview
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
Rewards
Risk Analysis
Fortis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$53.70 |
| 52 Week High | CA$65.26 |
| 52 Week Low | CA$52.43 |
| Beta | 0.15 |
| 1 Month Change | -7.81% |
| 3 Month Change | -11.30% |
| 1 Year Change | -3.38% |
| 3 Year Change | -4.91% |
| 5 Year Change | 18.10% |
| Change since IPO | 865.39% |
Recent News & Updates
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...
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...
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
| FTS | CA Electric Utilities | CA 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
| FTS volatility | |
|---|---|
| FTS Average Weekly Movement | 2.2% |
| Electric Utilities Industry Average Movement | 3.2% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 18.4% |
| 10% least volatile stocks in CA Market | 3.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1885 | 9,100 | Dave Hutchens | https://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
| FTS fundamental statistics | |
|---|---|
| Market Cap | CA$25.71b |
| Earnings (TTM) | CA$1.26b |
| Revenue (TTM) | CA$10.10b |
20.5x
P/E Ratio2.5x
P/S RatioIs FTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTS income statement (TTM) | |
|---|---|
| Revenue | CA$10.10b |
| Cost of Revenue | CA$5.98b |
| Gross Profit | CA$4.12b |
| Other Expenses | CA$2.87b |
| Earnings | CA$1.26b |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 28, 2022
| Earnings per share (EPS) | 2.63 |
| Gross Margin | 40.81% |
| Net Profit Margin | 12.44% |
| Debt/Equity Ratio | 122.2% |
How did FTS perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield80%
Payout RatioDoes FTS pay a reliable dividends?
See FTS dividend history and benchmarks| Fortis dividend dates | |
|---|---|
| Ex Dividend Date | Nov 16 2022 |
| Dividend Pay Date | Dec 01 2022 |
| Days until Ex dividend | 42 days |
| Days until Dividend pay date | 57 days |
Does FTS pay a reliable dividends?
See FTS dividend history and benchmarks