Fortis Inc (FTS)

$44.59

-0.67

(-1.48%)▲

Market is closed - opens 7 PM, 09 Sep 2024

Performance

  • $44.46
    $45.34
    $44.59
    downward going graph

    0.29%

    Downside

    Day's Volatility :1.94%

    Upside

    1.65%

    downward going graph
  • $36.30
    $45.34
    $44.59
    downward going graph

    18.59%

    Downside

    52 Weeks Volatility :19.94%

    Upside

    1.65%

    downward going graph

Returns

PeriodFortis IncSector (Utilities)Index (Russel 2000)
3 Months
11.45%
8.5%
0.0%
6 Months
10.76%
19.4%
0.0%
1 Year
14.36%
21.2%
0.0%
3 Years
-1.46%
10.7%
-22.3%

Highlights

Market Capitalization
22.2B
Book Value
$42.66
Dividend Share
2.335
Dividend Yield
3.92%
Earnings Per Share (EPS)
2.37
PE Ratio
18.9
PEG Ratio
2.87
Wall Street Target Price
39.22
Profit Margin
14.35%
Operating Margin TTM
28.32%
Return On Assets TTM
3.09%
Return On Equity TTM
7.44%
Revenue TTM
11.4B
Revenue Per Share TTM
23.22
Quarterly Revenue Growth YOY
2.9000000000000004%
Gross Profit TTM
4.4B
EBITDA
5.1B
Diluted Eps TTM
2.37
Quarterly Earnings Growth YOY
0.11
EPS Estimate Current Year
2.39
EPS Estimate Next Year
2.47
EPS Estimate Current Quarter
0.47
EPS Estimate Next Quarter
0.6

Analyst Recommendation

Hold
    19%Buy
    42%Hold
    38%Sell
Based on 21 Wall street analysts offering stock ratings for Fortis Inc(by analysts ranked 0 to 5 stars)
Based on 21 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
4
3
4
Hold
9
9
9
Sell
8
9
9

Analyst Forecast

What analysts predicted

Downside of 12.04%

Current $44.59
Target $39.22

Company Financials

FY18Y/Y Change
Revenue
6.2B
↑ 1.07%
Net Income
868.0M
↑ 13.42%
Net Profit Margin
13.9%
↑ 1.52%
FY19Y/Y Change
Revenue
6.7B
↑ 4.68%
Net Income
1.3B
↑ 47.68%
Net Profit Margin
19.61%
↑ 5.71%
FY20Y/Y Change
Revenue
7.0B
↑ 1.73%
Net Income
993.9M
↓ 26.02%
Net Profit Margin
14.26%
↓ 5.35%
FY21Y/Y Change
Revenue
7.4B
↑ 5.74%
Net Income
1.0B
↑ 1.57%
Net Profit Margin
13.7%
↓ 0.56%
FY22Y/Y Change
Revenue
8.1B
↑ 16.88%
Net Income
1.0B
↑ 7.73%
Net Profit Margin
12.62%
↓ 1.08%
FY23Y/Y Change
Revenue
8.6B
↑ 4.29%
Net Income
1.2B
↑ 12.84%
Net Profit Margin
13.66%
↑ 1.04%
Q1 FY23Q/Q Change
Revenue
2.4B
↑ 4.77%
Net Income
330.9M
↑ 17.36%
Net Profit Margin
13.65%
↑ 1.47%
Q2 FY23Q/Q Change
Revenue
2.0B
↓ 21.84%
Net Income
234.1M
↓ 31.35%
Net Profit Margin
11.99%
↓ 1.66%
Q3 FY23Q/Q Change
Revenue
2.0B
↑ 4.82%
Net Income
303.4M
↑ 32.15%
Net Profit Margin
15.12%
↑ 3.13%
Q4 FY23Q/Q Change
Revenue
2.3B
↑ 14.67%
Net Income
355.6M
↑ 16.06%
Net Profit Margin
15.3%
↑ 0.18%
Q1 FY24Q/Q Change
Revenue
2.3B
↑ 0.0%
Net Income
352.3M
↑ 0.0%
Net Profit Margin
15.3%
↑ 0.0%
Q2 FY24Q/Q Change
Revenue
1.9B
↓ 14.37%
Net Income
254.7M
↓ 26.83%
Net Profit Margin
13.07%
↓ 2.23%
FY18Y/Y Change
Total Assets
39.5B
↑ 10.93%
Total Liabilities
25.8B
↑ 11.33%
FY19Y/Y Change
Total Assets
40.5B
↑ 0.67%
Total Liabilities
25.3B
↓ 3.77%
FY20Y/Y Change
Total Assets
43.3B
↑ 3.89%
Total Liabilities
27.5B
↑ 5.73%
FY21Y/Y Change
Total Assets
45.0B
↑ 3.93%
Total Liabilities
28.7B
↑ 4.39%
FY22Y/Y Change
Total Assets
47.3B
↑ 11.43%
Total Liabilities
30.5B
↑ 12.7%
FY23Y/Y Change
Total Assets
49.1B
↑ 2.6%
Total Liabilities
31.7B
↑ 2.84%
Q1 FY23Q/Q Change
Total Assets
47.2B
↑ 0.59%
Total Liabilities
30.3B
↑ 0.33%
Q2 FY23Q/Q Change
Total Assets
48.2B
↓ 0.85%
Total Liabilities
30.8B
↓ 1.55%
Q3 FY23Q/Q Change
Total Assets
48.9B
↑ 3.44%
Total Liabilities
31.5B
↑ 4.49%
Q4 FY23Q/Q Change
Total Assets
50.4B
↑ 1.96%
Total Liabilities
32.5B
↑ 1.94%
Q1 FY24Q/Q Change
Total Assets
49.9B
↑ 0.0%
Total Liabilities
32.2B
↑ 0.0%
Q2 FY24Q/Q Change
Total Assets
50.2B
↑ 1.76%
Total Liabilities
32.2B
↑ 1.25%
FY18Y/Y Change
Operating Cash Flow
1.9B
↓ 5.52%
Investing Cash Flow
-2.4B
↑ 7.5%
Financing Cash Flow
479.4M
↑ 89.97%
FY19Y/Y Change
Operating Cash Flow
2.0B
↑ 2.27%
Investing Cash Flow
-2.1B
↓ 14.88%
Financing Cash Flow
116.9M
↓ 76.09%
FY20Y/Y Change
Operating Cash Flow
2.1B
↑ 1.43%
Investing Cash Flow
-3.2B
↑ 49.28%
Financing Cash Flow
1.0B
↑ 761.69%
FY21Y/Y Change
Operating Cash Flow
2.3B
↑ 7.63%
Investing Cash Flow
-2.7B
↓ 15.59%
Financing Cash Flow
352.3M
↓ 66.01%
FY22Y/Y Change
Operating Cash Flow
2.3B
↑ 5.74%
Investing Cash Flow
-3.0B
↑ 16.37%
Financing Cash Flow
761.9M
↑ 129.49%
Q1 FY23Q/Q Change
Operating Cash Flow
668.3M
↑ 5.29%
Investing Cash Flow
-687.3M
↓ 18.32%
Financing Cash Flow
283.4M
↑ 276.7%
Q2 FY23Q/Q Change
Operating Cash Flow
710.6M
↑ 3.17%
Investing Cash Flow
-782.8M
↑ 10.52%
Financing Cash Flow
157.3M
↓ 46.13%
Q3 FY23Q/Q Change
Operating Cash Flow
693.8M
↓ 0.42%
Investing Cash Flow
-767.7M
↑ 0.0%
Financing Cash Flow
110.7M
↓ 28.23%

Technicals Summary

Sell

Neutral

Buy

Fortis Inc is currently in a neutral trading position according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Fortis Inc
Fortis Inc
4.45%
10.76%
14.36%
-1.46%
5.96%
Duke Energy Corporation
Duke Energy Corporation
2.72%
23.41%
30.43%
12.98%
24.41%
American Electric Power Co., Inc.
American Electric Power Co., Inc.
2.49%
21.34%
31.95%
14.78%
11.68%
Pg&e Corporation
Pg&e Corporation
11.31%
21.04%
18.96%
113.16%
79.45%
Nextera Energy, Inc.
Nextera Energy, Inc.
3.12%
42.19%
20.72%
-5.94%
45.49%
Southern Company
Southern Company
1.28%
27.67%
31.74%
33.57%
49.8%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Fortis Inc
Fortis Inc
18.9
18.9
2.87
2.39
0.07
0.03
0.04
42.66
Duke Energy Corporation
Duke Energy Corporation
20.0
20.0
2.76
5.98
0.09
0.03
0.04
61.85
American Electric Power Co., Inc.
American Electric Power Co., Inc.
20.62
20.62
2.02
5.62
0.11
0.03
0.03
49.13
Pg&e Corporation
Pg&e Corporation
17.61
17.61
1.48
1.36
0.1
0.02
0.0
12.28
Nextera Energy, Inc.
Nextera Energy, Inc.
26.05
26.05
3.46
3.4
0.09
0.03
0.03
23.91
Southern Company
Southern Company
21.1
21.1
2.95
4.04
0.13
0.03
0.03
29.65
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Fortis Inc
Fortis Inc
Hold
$22.2B
5.96%
18.9
14.35%
Duke Energy Corporation
Duke Energy Corporation
Buy
$90.2B
24.41%
20.0
14.52%
American Electric Power Co., Inc.
American Electric Power Co., Inc.
Hold
$54.9B
11.68%
20.62
13.49%
Pg&e Corporation
Pg&e Corporation
Buy
$53.9B
79.45%
17.61
10.17%
Nextera Energy, Inc.
Nextera Energy, Inc.
Buy
$164.4B
45.49%
26.05
24.45%
Southern Company
Southern Company
Buy
$98.0B
49.8%
21.1
17.63%

Insights on Fortis Inc

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 3.11B → 2.67B (in $), with an average decrease of 14.4% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 477.0M → 349.0M (in $), with an average decrease of 26.8% per quarter

  • Vs AEP

    In the last 1 year, American Electric Power Co., Inc. has given 31.9% return, outperforming this stock by 17.5%

  • Vs PCG

    In the last 3 years, Pg&e Corporation has given 14.8% return, outperforming this stock by 16.3%

Institutional Holdings

  • Royal Bank of Canada

    6.17%

  • BMO Capital Markets Corp.

    5.86%

  • Bank of Montreal

    5.86%

  • Vanguard Group Inc

    4.19%

  • Fidelity International Ltd

    3.54%

  • TD Asset Management Inc

    2.45%

Corporate Announcements

  • Fortis Inc Dividends March,2024

    In the quarter ending March,2024. Fortis Inc has declared dividend of $0.59

    Read More

Company Information

fortis inc. is a leader in the north american electric and gas utility business, with total assets of approximately $28 billion and fiscal 2014 revenue of $5.4 billion. its regulated utilities serve more than 3 million customers across canada and in the united states and the caribbean.

Organization
Fortis Inc
Employees
9600
CEO
Mr. David Gerard Hutchens
Industry
Utilities

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