Fortis Inc FTS
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Central Hudson Gas & Electric, JCP&L Issue Outage Updates
-
Fortis Quarterly Earnings Up Slightly
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Fortis on Track for Record High Close — Data Talk
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Fortis Quarterly Earnings Lifted by Base Rate Growth Across Its Utilities
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Fortis Raises Dividend, Lays Out Expanded Capital Plan After Rise in Quarterly Revenue
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Fortis on Track for Record High Close — Data Talk
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Fortis Quarterly Earnings Rise With Growth in Base Rates
Trading Information
- Previous Close Price
- $57.57
- Day Range
- $57.98–58.58
- 52-Week Range
- $48.29–59.10
- Bid/Ask
- $58.36 / $58.39
- Shares Outstanding
- 509.13M
- Market Cap
- $29.75B
- Volume/Avg
- 418,241 / 719,548
Key Statistics
- Price/Earnings (Normalized)
- 23.00
- Price/Sales
- 3.29
- Dividend Yield (Trailing)
- 3.19%
- Dividend Yield (Forward)
- 3.19%
- Total Yield
- 3.19%
Company Profile
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving roughly 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Value
- Total Number of Employees
- 9,900
- Website
- https://www.fortisinc.com
Competitors
Valuation
|
Metric
|
FTS
|
AEP
|
EMA
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.00 | 21.53 | 21.04 |
Price/Book Value | 1.79 | 2.23 | 1.81 |
Price/Sales | 3.29 | 3.14 | 2.55 |
Price/Cash Flow | 9.50 | 10.17 | 8.75 |
Price/Earnings
FTS
AEP
EMA
Financial Strength
|
Metric
|
FTS
|
AEP
|
EMA
|
|---|---|---|---|
Quick Ratio | 0.26 | 0.29 | 0.66 |
Current Ratio | 0.49 | 0.53 | 1.07 |
Interest Coverage | 2.56 | 2.80 | 2.10 |
Quick Ratio
FTS
AEP
EMA
Profitability
|
Metric
|
FTS
|
AEP
|
EMA
|
|---|---|---|---|
Return on Assets (Normalized) | 2.67% | 3.51% | 2.90% |
Return on Equity (Normalized) | 8.89% | 12.93% | 10.62% |
Return on Invested Capital (Normalized) | 5.27% | 7.48% | 6.37% |
Return on Assets
FTS
AEP
EMA
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
|
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United States