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
-
Fortis Inc. Completes Sale of Aitken Creek Natural Gas Storage Facilities in British Columbia
-
Fortis 3Q Earnings Buoyed by Cost-of-Capital Parameters for FortisBC Utilities
-
Fortis Inc. Releases Third Quarter 2023 Results
-
Advisory: Fortis Inc. to Hold Teleconference and Webcast on October 27 to Discuss Third Quarter 2023 Results
-
Fortis Inc. to Hold Teleconference and Webcast on October 27 to Discuss Third Quarter 2023 Results
-
Fortis Targets Investments in Grid, Renewable Energy in New C$25 Billion Capital Plan
-
Fortis Inc. Establishes At-The-Market Equity Program
-
Fortis Inc. Announces New $25 Billion Five Year Capital Outlook and 4.4% Increase in Fourth Quarter Dividend Marking 50 Years of Dividend Increases
Trading Information
- Previous Close Price
- $40.66
- Day Range
- $40.51–40.72
- 52-Week Range
- $36.31–46.28
- Bid/Ask
- $40.58 / $40.59
- Market Cap
- $19.85 Bil
- Volume/Avg
- 141,366 / 849,954
Key Statistics
- Price/Earnings (Normalized)
- 17.76
- Price/Sales
- 2.25
- Dividend Yield
- 4.14%
- Dividend Yield (Forward)
- 3.15%
- Total Yield
- 4.14%
Company Profile
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Core
- Total Number of Employees
- 9,200
- Website
- https://www.fortisinc.com
Competitors
Valuation
Metric
|
FTS
|
AEP
|
EMA
|
---|---|---|---|
Price/Earnings (Normalized) | 17.76 | 15.84 | 15.58 |
Price/Book Value | 1.35 | 1.66 | 1.28 |
Price/Sales | 2.25 | 2.15 | 1.65 |
Price/Cash Flow | 7.41 | 8.25 | 6.10 |
Financial Strength
Metric
|
FTS
|
AEP
|
EMA
|
---|---|---|---|
Quick Ratio | 0.38 | 0.29 | 0.23 |
Current Ratio | 0.71 | 0.60 | 0.57 |
Interest Coverage | 2.56 | 2.26 | 2.57 |
Profitability
Metric
|
FTS
|
AEP
|
EMA
|
---|---|---|---|
Return on Assets (Normalized) | 2.32% | 2.12% | 2.99% |
Return on Equity (Normalized) | 7.62% | 8.23% | 11.56% |
Return on Invested Capital (Normalized) | 4.76% | 5.60% | 6.33% |
Utilities - Regulated Electric Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|
NEE
| NextEra Energy Inc | Znrbl | $120.4 Bil | |
SO
| Southern Co | Hmpsqz | $77.7 Bil | |
DUK
| Duke Energy Corp | Xwbwvcb | $71.5 Bil | |
NGG
| National Grid PLC ADR | Mztpw | $48.5 Bil | |
PCG
| PG&E Corp | Jpyy | $43.9 Bil | |
AEP
| American Electric Power Co Inc | Rkzmlt | $42.1 Bil | |
D
| Dominion Energy Inc | Yxpbx | $38.6 Bil | |
EXC
| Exelon Corp | Jwhpdc | $38.6 Bil | |
XEL
| Xcel Energy Inc | Hnzds | $33.9 Bil | |
ED
| Consolidated Edison Inc | Pcxv | $31.8 Bil |