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% |
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.
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 |