Fortis Inc FTS
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News
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Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2024 Results and Hold Annual and Special Meeting on May 2
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Fortis Inc. Releases 2024 Climate Report
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Fortis Inc. Files 2023 Year-End Disclosure Documents
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Fortis Profit Rises in 4Q
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Fortis Inc. Reports Fourth Quarter & Annual 2023 Results
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Fortis Inc. Announces Second Quarter Dividends – 2024
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Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results
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Fortis 3Q Earnings Buoyed by Cost-of-Capital Parameters for FortisBC Utilities
Trading Information
- Previous Close Price
- $38.05
- Day Range
- $38.09–38.55
- 52-Week Range
- $36.30–46.28
- Bid/Ask
- $38.11 / $38.75
- Market Cap
- $18.97 Bil
- Volume/Avg
- 786,518 / 882,097
Key Statistics
- Price/Earnings (Normalized)
- 16.63
- Price/Sales
- 2.17
- Dividend Yield (Trailing)
- 4.48%
- Dividend Yield (Forward)
- 4.61%
- Total Yield
- 4.53%
Company Profile
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Core
- Total Number of Employees
- 9,598
- Website
- https://www.fortisinc.com
Competitors
Valuation
|
Metric
|
FTS
|
AEP
|
H
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.63 | 15.76 | 20.89 |
Price/Book Value | 1.25 | 1.72 | 1.93 |
Price/Sales | 2.17 | 2.26 | 2.87 |
Price/Cash Flow | 6.89 | 7.51 | 10.43 |
Price/Earnings
FTS
AEP
H
Financial Strength
|
Metric
|
FTS
|
AEP
|
H
|
|---|---|---|---|
Quick Ratio | 0.38 | 0.27 | 0.45 |
Current Ratio | 0.67 | 0.53 | 0.50 |
Interest Coverage | 2.53 | 2.22 | 3.23 |
Quick Ratio
FTS
AEP
H
Profitability
|
Metric
|
FTS
|
AEP
|
H
|
|---|---|---|---|
Return on Assets (Normalized) | 2.46% | 2.26% | 3.42% |
Return on Equity (Normalized) | 8.11% | 8.82% | 9.50% |
Return on Invested Capital (Normalized) | 4.95% | 5.77% | 5.88% |
Return on Assets
FTS
AEP
H
Utilities - Regulated Electric Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Dlvffmcy | Pymyrm | $131.5 Bil | |
SO
| Southern Co | Hmjghxvfn | Mkjpj | $77.2 Bil | |
DUK
| Duke Energy Corp | Fkclrvtb | Cjfrrb | $74.0 Bil | |
NGG
| National Grid PLC ADR | Wrgcplrt | Tjwd | $47.7 Bil | |
AEP
| American Electric Power Co Inc | Pddfbnbm | Zymvqcz | $43.5 Bil | |
PCG
| PG&E Corp | Lkpwjqfjw | Lxm | $43.2 Bil | |
D
| Dominion Energy Inc | Dczcfwfr | Cptvy | $40.7 Bil | |
EXC
| Exelon Corp | Jpqvqpkgf | Fqdnz | $36.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Lgczlfmh | Dnxffq | $32.5 Bil | |
ED
| Consolidated Edison Inc | Gzgslhq | Xym | $31.4 Bil |