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Market Cap 20.13B P/E 18.62 EPS this Y 5.80% Ern Qtrly Grth 12.20%
Income 1.56B Forward P/E 17.67 EPS next Y 3.30% 50D Avg Chg -3.00%
Sales 11.39B PEG 9.81 EPS past 5Y 5.56% 200D Avg Chg -
Dividend 5.00% Price/Book 1.07 EPS next 5Y 2.62% 52W High Chg -13.00%
Recommedations 3.20 Quick Ratio 0.41 Shares Outstanding 495.20M 52W Low Chg 19.00%
Insider Own 0.04% ROA 3.09% Shares Float 494.39M Beta 0.22
Inst Own 57.88% ROE 7.44% Shares Shorted/Prior 10.43M/15.46M Price 41.53
Gross Margin 44.40% Profit Margin 14.35% Avg. Volume 606,872 Target Price 40.48
Oper. Margin 28.32% Earnings Date Oct 25 Volume 844,223 Change -0.65%
About Fortis Inc.

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. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Fortis Inc. News
11/07/24 Earnings Report: Fortis Inc. Missed Revenue Estimates By 6.4%
11/06/24 Fortis Reports Earnings Boost and Unveils Major Capital Plan
11/06/24 Fortis Third Quarter 2024 Earnings: Revenues Disappoint
11/06/24 Fortis Inc (FTS) Q3 2024 Earnings Call Highlights: Strategic Investments and Dividend Growth ...
11/05/24 Fortis Posts Q3 Adjusted Earnings Beat With Continued Focus on Capital Plan
11/05/24 Fortis Inc. Releases Third Quarter 2024 Results
10/28/24 Advisory: Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
10/28/24 With 55% ownership, Fortis Inc. (TSE:FTS) boasts of strong institutional backing
10/10/24 Bank of Nova Scotia's Strategic Acquisition of Fortis Inc. Shares
10/07/24 Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
10/06/24 Can Fortis Inc. (TSE:FTS) Improve Its Returns?
09/27/24 Fortis Announces Record $26 Billion Capital Plan
09/27/24 Fortis raises quarterly dividend by 4.2% to C$0.615 per share
09/27/24 Fortis announces new C$26B 5-year capital plan
09/26/24 Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
09/23/24 Fortis Inc. Provides Standby Commitment to Caribbean Utilities Company, Ltd.
09/20/24 Fortis (TSX:FTS) Closes $500M Private Placement, Strengthening Capital Base for Future Growth
09/14/24 Investing in Fortis (TSE:FTS) five years ago would have delivered you a 34% gain
09/09/24 Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes
09/05/24 Fortis Inc. Announces Pricing of Senior Unsecured Notes
FTS Chatroom

User Image Tokenist Posted - 1 week ago

🚨EARNINGS ALERT🚨 Notable earnings released for today: Emerson Electric Company $EMR: $1.48 EPS vs $1.47 est. / $4.62B Revenue vs $4.57B est. Marathon Petroleum Corp $MPC: $1.87 EPS vs $1.04 est. / $35.37B Revenue vs $34.34B est. Gartner Inc $IT: $2.5 EPS vs $2.37 est. / $1.5B Revenue vs $1.48B est. Fortis Inc $FTS: $0.85 EPS vs $0.6 est. / $ -- Revenue vs $2.16B est.

User Image Estimize Posted - 1 week ago

$FTS reported - EPS and - revenue for Q3. http://www.estimize.com/intro/fts?chart=historical&metric_name=eps&utm_content=FTS&utm_medium=act

User Image Estimize Posted - 10/28/24

Wall St is expecting -1.49% YoY EPS growth for $FTS in Q3, down from 4.39% in Q2 [Reporting 11/05 BMO] http://www.estimize.com/intro/fts?ch

User Image PriceActionTrader Posted - 10/21/24

$FTS Looking good to Buy between 580 to 590 https://x.com/Alpha_Analyst/status/1848409417458585646/photo/1

User Image WeeklyTrader Posted - 1 month ago

Let's discuss why it might be time to sell $FTS! RSI: 41.91% 50-day MA: $44.21 200-day MA: $40.86

User Image Frontenac Posted - 09/27/24

$FTS Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend 💙🔥 https://finance.yahoo.com/news/fortis-inc-announces-26-billion-100000382.html

User Image Stocksrunner Posted - 09/26/24

Pre-Market Thursday Buzz: Micron $MU Explodes After Earnings, CarMax $KMX and Accenture $ACN Miss but Beat on Revenue – See What’s Next for Fortis $FTS and Southwest $LUV https://stocksrunner.com/posts/1200

User Image PenkeTrading Posted - 3 months ago

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Fortis Inc. Is that bullish or bearish? $FTS #FTS #nyse #tradingsignals #technicalanalysis

User Image DividendPower Posted - 3 months ago

The List of Canadian Dividend Aristocrats in 2024 $FTS $RY $BMO $IMO $TD https://www.dividendpower.org/canadian-dividend-aristocrats-2024/

User Image briefingcom Posted - 07/31/24

$FTS: Fortis beats by $0.19 https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240731060850FTS&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image DonCorleone77 Posted - 07/31/24

$FTS Fortis reports Q2 adjusted EPS C$0.67 vs. C$0.62 last year "Our regulated utility businesses continued to deliver on their financial and operational plans in the first half of 2024," said David Hutchens, President and CEO, Fortis. "We are executing our annual $4.8 billion capital plan, and remain confident in our $25 billion five-year capital plan. We also released our 2024 Sustainability Report today, highlighting progress on our key sustainability initiatives. This is an exciting time for our company as we pursue growth opportunities and deliver a cleaner energy future."

User Image Stock_Titan Posted - 07/31/24

$FTS Fortis Inc. Releases Second Quarter 2024 Results and 2024 Sustainability Report https://www.stocktitan.net/news/FTS/fortis-inc-releases-second-quarter-2024-results-and-2024-e8rhqvlobk40.html

User Image Frontenac Posted - 07/24/24

$FTS Vancouver City Council restores ability for natural gas heating in new home construction. https://dailyhive.com/vancouver/city-of-vancouver-natural-gas-new-homes-heating

User Image Stock_Titan Posted - 07/23/24

$FTS Advisory: Fortis Inc. to Hold Teleconference on July 31 to Discuss Second Quarter 2024 Results https://www.stocktitan.net/news/FTS/advisory-fortis-inc-to-hold-teleconference-on-july-31-to-discuss-qv27hpn7nu0v.html

User Image Stock_Titan Posted - 4 months ago

$FTS Fortis Inc. to Hold Teleconference on July 31 to Discuss Second Quarter 2024 Results https://www.stocktitan.net/news/FTS/fortis-inc-to-hold-teleconference-on-july-31-to-discuss-second-o9awols15zfs.html

User Image StockInvest_us Posted - 06/20/24

Signal alert: $FTS - Oversold Trend Short (Undervalued) https://stockinvest.us/l/9s6PB0bu98

User Image TickerDD_com Posted - 05/23/24

From 5/14/2024, looking back across 22 Month-Ends for FTS, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $FTS #FTS #FTSStock #TickerDD https://www.youtube.com/watch?v=tacBoVZVtOc

User Image DonCorleone77 Posted - 6 months ago

$FTS Fortis reports Q1 adjusted EPS C$0.93 vs. C$0.91 a year ago "We extended our solid growth momentum through the first quarter of 2024, underpinned by the strength of our diversified transmission and distribution business," said David Hutchens, President and Chief Executive Officer, Fortis. "With initiatives like the 2024 Climate Report, we continue to focus on delivering a cleaner energy future while providing reliable and affordable energy."

User Image Stock_Titan Posted - 6 months ago

$FTS Fortis Inc. Releases First Quarter 2024 Results https://www.stocktitan.net/news/FTS/fortis-inc-releases-first-quarter-2024-ugfbm2k8kaz6.html

User Image Stocksrunner Posted - 7 months ago

$FTS Upgrades Suggest Fortis is a Defensive Buy for Low-Risk Investors. The company is viewed as a low-risk, buy-and-hold dividend play suitable for conservative investors. https://stocksrunner.com/symbol/fts

User Image Stock_Titan Posted - 7 months ago

$FTS Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2024 Results and Hold Annual and Special Meeting on May 2 https://www.stocktitan.net/news/FTS/fortis-inc-to-hold-teleconference-on-may-1-to-discuss-first-quarter-t3yimnnixvmo.html

User Image Stock_Titan Posted - 8 months ago

$FTS Fortis Inc. Releases 2024 Climate Report https://www.stocktitan.net/news/FTS/fortis-inc-releases-2024-climate-phz691mukgxz.html

User Image DividendPower Posted - 8 months ago

The List of Canadian Dividend Aristocrats in 2024 $FTS $RY $BMO $TD $IMO https://www.dividendpower.org/canadian-dividend-aristocrats-2024/

User Image Manipulation13F Posted - 02/26/24

$FTS 📈📈🤑

User Image TickerDD_com Posted - 02/21/24

From 2/16/2024, looking back across 22 Month-Ends for FTS, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $FTS #FTS #FTSStock #TickerDD #FTSPrice https://www.youtube.com/watch?v=_UuTb6dgfMU

User Image Stock_Titan Posted - 9 months ago

$FTS Fortis Inc. Files 2023 Year-End Disclosure Documents https://www.stocktitan.net/news/FTS/fortis-inc-files-2023-year-end-disclosure-mtyh538qb6rw.html

User Image TalkMarkets Posted - 9 months ago

#Fortis Inc. Surpasses Expectations, Reports $0.72 Adjusted EPS For Q4 $FTS https://talkmarkets.com/content/stocks--equities/fortis-inc-surpasses-expectations-reports-072-adjusted-eps-for-q4?post=431225&userid=166882

User Image DonCorleone77 Posted - 9 months ago

$FTS Fortis reports Q4 adjusted EPS C$0.72 vs. C$0.72 last year "We delivered another year of strong financial results reflecting the execution of our regulated growth strategy," said David Hutchens, President and CEO, Fortis. "Rate base growth and the conclusion of key regulatory proceedings supported year over year earnings growth. We invested $4.3 billion of capital to enhance reliability, modernize the grid and deliver cleaner energy for customers while further reducing our carbon footprint." "Last year Fortis was proud to celebrate 50 consecutive years of increases in dividends paid to shareholders," said Hutchens. "We remain focused on extending this track record as we execute our $25 billion five-year capital plan in support of our annual dividend growth guidance of 4-6% through 2028."

User Image epsguid Posted - 9 months ago

$FTS reported earnings of $0.72, consensus was $0.53 via @eWhispers #epsbeat http://eps.sh/d/fts

User Image Stock_Titan Posted - 9 months ago

$FTS Fortis Inc. Reports Fourth Quarter & Annual 2023 Results https://www.stocktitan.net/news/FTS/fortis-inc-reports-fourth-quarter-annual-2023-ddpx8p6je0s3.html

Analyst Ratings
Credit Suisse Neutral Aug 24, 23
Raymond James Outperform Aug 3, 23
RBC Capital Sector Perform Mar 24, 23
Raymond James Outperform Oct 19, 22
Edward Jones Hold Jul 27, 22
Scotiabank Sector Perform Jan 7, 22
Wolfe Research Underperform Oct 19, 21
BMO Capital Market Perform Jun 1, 21
UBS Buy Jun 5, 20