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
Capture your thoughts, links and company narrative
Fortis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$41.72 |
| 52 Week High | CA$46.06 |
| 52 Week Low | CA$36.86 |
| Beta | 0.25 |
| 1 Month Change | -7.62% |
| 3 Month Change | -7.31% |
| 1 Year Change | 2.48% |
| 3 Year Change | -12.06% |
| 5 Year Change | 0.75% |
| Change since IPO | 29.10% |
Recent News & Updates
Recent updates
Behind The Billions: Fortis' Ambitious Vision For 2029
Dec 05Fortis: 'Hold' Despite The Outperformance
Aug 22Fortis: A Look At The Valuation On This Dividend Aristocrat
Jun 06Fortis: The Sub-Par Performance Continues Due To Valuation
Mar 27Fortis: Preferred Shares Deliver Yield And Outperform Common
Jan 10Fortis: An Update On One Of The Larger Canadian Utilities, Maintain 'Hold'
Nov 06Fortis: 8-9% Yielding Preferred Shares Offer A Lower Risk Prospect Vs. Common Shares
Aug 23Fortis: A Stable High-Yielding Utility That Is Too Expensive
Jun 06Fortis Q4 Earnings Preview
Feb 09Fortis: A Dividend King In The Making
Jan 17Fortis Warrants A Valuation Update After A 14% Drop - Close To A 'Buy'
Nov 08Fortis Q3 2022 Earnings Preview
Oct 27Fortis raises dividend 5.6% to CAD 0.565/share
Sep 28Fortis subsidiary launches senior notes offering
Sep 08Fortis: Completion Of Energy Projects Will Likely Push The Price Up
Aug 29Fortis declares CAD 0.535 dividend
Jul 28Fortis: Strong Renewable Ambitions And Financials But Appears Overpriced
May 24Fortis: I Remain At 'Hold', But There Is A Potential Upside At 18X P/E
Mar 01Fortis: A Solid Dividend Investment
Oct 18Fortis Is A Dividend Grower With More Upside
Jul 17Shareholder Returns
| FTS | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | -1.4% | -1.5% | -2.4% |
| 1Y | 2.5% | 20.7% | 23.4% |
Return vs Industry: FTS underperformed the US Electric Utilities industry which returned 20.7% over the past year.
Return vs Market: FTS underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| FTS volatility | |
|---|---|
| FTS Average Weekly Movement | 2.2% |
| Electric Utilities Industry Average Movement | 2.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FTS has not had significant price volatility in the past 3 months compared to the US 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 | US$20.77b |
| Earnings (TTM) | US$1.11b |
| Revenue (TTM) | US$7.96b |
18.8x
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 | 58 days |
| Days until Dividend pay date | 69 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 | 2024/12/22 02:48 |
| End of Day Share Price | 2024/12/20 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 |