Skip to Content

Fortis Inc FTS

Morningstar Rating
CAD 55.58 −0.23 (0.41%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

FTS is trading at a 272% premium.
Price
CAD 55.81
Fair Value
CAD 53.00
Uncertainty
Low
1-Star Price
CAD 59.60
5-Star Price
CAD 86.10
Economic Moat
Yjjkhb
Capital Allocation
Wpstvzcnk

Bulls Say, Bears Say

Bulls

Fortis operates a stable business profile of regulated operations, offering a strong base for consistent earnings and dividend growth.

Bears

The Canadian regulatory environment offers lower allowed returns than in the U.S.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if FTS is a good fit for your portfolio.

News

Trading Information

Previous Close Price
CAD 55.81
Day Range
CAD 55.5155.87
52-Week Range
CAD 49.8257.85
Bid/Ask
CAD 55.58 / CAD 55.59
Market Cap
CAD 27.40 Bil
Volume/Avg
226,148 / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
17.94
Price/Sales
2.41
Dividend Yield (Trailing)
4.18%
Dividend Yield (Forward)
4.23%
Total Yield
4.18%

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 Value
Total Number of Employees
9,600

Competitors

Valuation

Metric
FTS
AEP
EMA
Price/Earnings (Normalized)
17.9417.4717.37
Price/Book Value
1.341.931.24
Price/Sales
2.412.561.85
Price/Cash Flow
7.647.945.71
Price/Earnings
FTS
AEP
EMA

Financial Strength

Metric
FTS
AEP
EMA
Quick Ratio
0.380.270.31
Current Ratio
0.600.540.72
Interest Coverage
2.532.451.81
Quick Ratio
FTS
AEP
EMA

Profitability

Metric
FTS
AEP
EMA
Return on Assets (Normalized)
2.32%2.96%1.82%
Return on Equity (Normalized)
7.62%11.46%6.77%
Return on Invested Capital (Normalized)
4.78%6.24%4.76%
Return on Assets
FTS
AEP
EMA
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Electric Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NextEra Energy Inc
NEE
VjqrzxrzQwmkc$149.8 Bil
Southern Co
SO
GmgpqknplzYjxsmvq$89.5 Bil
Duke Energy Corp
DUK
ZmlrqlgsYvshj$83.0 Bil
National Grid PLC ADR
NGG
MslrqyjfcNkfg$59.8 Bil
American Electric Power Co Inc
AEP
XsfzjtvvXkvcrn$49.7 Bil
PG&E Corp
PCG
HrqlvvzfkKzrb$47.7 Bil
Dominion Energy Inc
D
ZhckysrkGmyjjp$43.4 Bil
Public Service Enterprise Group Inc
PEG
VzdlbpcpMxprtp$37.8 Bil
Exelon Corp
EXC
VzlgpfflpWfyrd$36.3 Bil
Consolidated Edison Inc
ED
XbfybwyrjXyhsr$32.7 Bil

Sponsor Center