$45.63
0.54% yesterday
NYSE, Sep 27, 09:48 pm CET
ISIN
CA3495531079
Symbol
FTS
Sector
Industry

Fortis Inc. Stock price

$45.55
+1.72 3.92% 1M
+6.18 15.70% 6M
+4.42 10.75% YTD
+7.39 19.37% 1Y
+0.86 1.92% 3Y
+3.12 7.35% 5Y
+13.89 43.87% 10Y
NYSE, Closing price Fri, Sep 27 2024
+0.17 0.37%
ISIN
CA3495531079
Symbol
FTS
Sector
Industry

Key metrics

Market capitalization $22.47b
Enterprise Value $47.81b
P/E (TTM) P/E ratio 19.26
EV/FCF (TTM) EV/FCF negative
EV/Sales (TTM) EV/Sales 5.69
P/S ratio (TTM) P/S ratio 2.67
P/B ratio (TTM) P/B ratio 1.44
Dividend yield 4.23%
Last dividend (FY24) $1.92
Revenue growth (TTM) Revenue growth -3.05%
Revenue (TTM) Revenue $8.41b
EBIT (operating result TTM) EBIT $2.37b
Free Cash Flow (TTM) Free Cash Flow $-738.37m
Cash position $409.98m
EPS (TTM) EPS $2.36
P/E forward 19.37
P/S forward 2.56
EV/Sales forward 5.45
Short interest 0.71%
Show more

Is Fortis Inc. a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

As a Free StocksGuide user, you can view scores for all 6,901 stocks worldwide.

Fortis Inc. Stock Analysis

Unlock Scores for Free

Analyst Opinions

14 Analysts have issued a Fortis Inc. forecast:

2x Buy
14%
7x Hold
50%
5x Sell
36%

Analyst Opinions

14 Analysts have issued a Fortis Inc. forecast:

Buy
14%
Hold
50%
Sell
36%

Financial data from Fortis Inc.

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Jun '24
+/-
%
8,409 8,409
3% 3%
100%
- Direct Costs 6,036 6,036
7% 7%
72%
2,373 2,373
8% 8%
28%
- Selling and Administrative Expenses - -
-
-
- Research and Development Expense - -
-
-
3,734 3,734
8% 8%
44%
- Depreciation and Amortization 1,361 1,361
6% 6%
16%
EBIT (Operating Income) EBIT 2,373 2,373
8% 8%
28%
Net Profit 1,207 1,207
9% 9%
14%

In millions USD.

Don't miss a Thing! We will send you all news about Fortis Inc. directly to your mailbox free of charge.

If you wish, we will send you an e-mail every morning with news on stocks of your portfolios.

Fortis Inc. Stock News

Neutral
GlobeNewsWire
one day ago
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement  dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022.
Positive
Seeking Alpha
3 days ago
Fortis Inc. delivered solid Q2-2024 results, with adjusted earnings up 8% year over year, beating consensus estimates again. Despite the positive performance, Fortis' stock is expensive at 18.5X earnings, making it vulnerable to interest rate hikes and equity valuation normalization. Preferred shares offer attractive yields and are more appealing than common shares.
Neutral
GlobeNewsWire
5 days ago
ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that its wholly owned subsidiary Fortis Energy Caribbean Inc. ("FECI") has agreed to provide a standby commitment (the "Standby Commitment") for a rights offering (the "Rights Offering") by Caribbean Utilities Company, Ltd. ("CUC") (TSX: CUP.U). P...
More Fortis Inc. News

Company Profile

Fortis, Inc. is an international electric and gas utility holding company. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment comprises of ITC which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson which provides regulated electric and gas T&D utility services; FortisBC Energy that distributes natural gas in British Columbia; FortisAlberta which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia; and Corporate & Other that includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.

Head office Canada
CEO David Hutchens
Employees 9,600
Founded 1885
Website www.fortisinc.com

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today