Fortis share price today

(FTS)

Fortis share price is $41.83 & ₹3,563.83 as on 25 Dec 2024, 2.30 'hrs' IST

$41.83

▲

-0.13

(-0.31%)

Market is closed - opens 8 PM, 26 Dec 2024

View live Fortis share price in Dollar and Rupees. Guide to invest in Fortis from India. Also see the sentimental analysis on Indian investors investing in Fortis. Get details on the Indian mutual funds that are investing in Fortis. Get Analyst recommendations and forecasts along with all the Fortis's financials.

Fortis share price movements

Today's Low: $41.58
Today's High: $41.84
$41.83
0.6%
Downside
Day's Volatility :0.62%
Upside
0.02%
52 Weeks Low: $36.86
52 Weeks High: $46.06
$41.83
11.88%
Downside
52 Weeks Volatility :19.97%
Upside
9.18%

Fortis Returns

Period	Fortis Inc	Sector (Utilities)	Index (Russel 2000)
3 Months	-7.82%	-4.6%	0.0%
6 Months	7.23%	10.7%	0.0%
1 Year	1.88%	22.1%	0.0%
3 Years	-12.05%	9.7%	-21.1%

Fortis Key Statistics

in dollars & INR

Previous Close	$41.96
Open	$41.8
Today's High	$41.84
Today's Low	$41.58
Market Capitalization	$21.0B
Today's Volume	$143.3K
52 Week High	$46.06
52 Week Low	$36.86
Revenue TTM	$11.4B
EBITDA	$5.2B
Earnings Per Share (EPS)	$2.24
PE Ratio	18.73
Dividend Yield	4.19%
Profit Margin	14.49%
Quarterly Earnings Growth YOY	0.05%
Return On Equity TTM	7.54%

How to invest in Fortis from India?

It is very easy for Indian residents to invest directly in Fortis from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Fortis stock in both Indian Rupees (INR) and US Dollars (USD). Search for Fortis or FTS on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Fortis or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Fortis shares which would translate to 0.020 fractional shares of Fortis as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Fortis, in just a few clicks!

Returns in Fortis for Indian investors in Rupees

Investment Value

₹1,00,000

Fortis investment value today

Current value as on today

₹1,04,301

Returns

₹4,301

(+4.3%)

Returns from Fortis Stock

₹1,875 (+1.88%)

Dollar Returns

₹2,426 (+2.43%)

Indian investors sentiment towards Fortis

29%

Period: Sep 26, 2024 to Dec 25, 2024. Change in 30 Days versus previous period

Search volume for Fortis on INDmoney from India has grown in the last 30 days as on Dec 26, 2024. 29% more investors are searching Fortis in the last 30 days versus the previous period.

Global Institutional Holdings in Fortis

Royal Bank of Canada
5.94%
BMO Capital Markets Corp.
5.28%
Bank of Montreal
5.28%
Fidelity International Ltd
4.98%
Vanguard Group Inc
4.29%
TD Asset Management Inc
2.43%

Analyst Recommendation on Fortis

Hold

19%Buy

42%Hold

38%Sell

Based on 21 Wall street analysts offering stock ratings for Fortis(by analysts ranked 0 to 5 stars)

Based on 21 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Fortis

What analysts predicted

Upside of 3.96%

Current:

$41.83

Target:

$43.49

Insights on Fortis

Price Movement
In the last 3 months, FTS stock has moved down by -7.0%
Increasing Revenue
Revenue is up for the last 2 quarters, 2.67B → 2.77B (in $), with an average increase of 3.6% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 349.0M → 439.0M (in $), with an average increase of 20.5% per quarter
FTS vs NEE (1 yr)
In the last 1 year, Nextera Energy, Inc. has given 22.0% return, outperforming this stock by 19.2%
Price to Sales
ForFTS every $1 of sales, investors are willing to pay $1.8, whereas for Nextera Energy, Inc., the investors are paying $5.7 for every $1 of sales.

Fortis Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$6.2B	↑ 1.07%
Net Income	$868.0M	↑ 13.42%
Net Profit Margin	13.9%	↑ 1.52%

	FY19	Y/Y Change
Revenue	$6.7B	↑ 4.68%
Net Income	$1.3B	↑ 47.68%
Net Profit Margin	19.61%	↑ 5.71%

	FY20	Y/Y Change
Revenue	$7.0B	↑ 1.73%
Net Income	$993.9M	↓ 26.02%
Net Profit Margin	14.26%	↓ 5.35%

	FY21	Y/Y Change
Revenue	$7.4B	↑ 5.74%
Net Income	$1.0B	↑ 1.57%
Net Profit Margin	13.7%	↓ 0.56%

	FY22	Y/Y Change
Revenue	$8.1B	↑ 16.88%
Net Income	$1.0B	↑ 7.73%
Net Profit Margin	12.62%	↓ 1.08%

	FY23	Y/Y Change
Revenue	$8.6B	↑ 4.29%
Net Income	$1.2B	↑ 12.84%
Net Profit Margin	13.66%	↑ 1.04%

	Q2 FY23	Q/Q Change
Revenue	$2.0B	↓ 21.84%
Net Income	$234.1M	↓ 31.35%
Net Profit Margin	11.99%	↓ 1.66%

	Q3 FY23	Q/Q Change
Revenue	$2.0B	↑ 4.82%
Net Income	$303.4M	↑ 32.15%
Net Profit Margin	15.12%	↑ 3.13%

	Q4 FY23	Q/Q Change
Revenue	$2.2B	↑ 6.11%
Net Income	$296.7M	↓ 3.16%
Net Profit Margin	13.8%	↓ 1.32%

	Q1 FY24	Q/Q Change
Revenue	$2.3B	↑ 8.08%
Net Income	$352.3M	↑ 19.85%
Net Profit Margin	15.3%	↑ 1.5%

	Q2 FY24	Q/Q Change
Revenue	$1.9B	↓ 14.37%
Net Income	$254.7M	↓ 26.83%
Net Profit Margin	13.07%	↓ 2.23%

	Q3 FY24	Q/Q Change
Revenue	$2.8B	↑ 3.78%
Net Income	$439.0M	↑ 25.79%
Net Profit Margin	15.84%	↑ 2.77%

	FY18	Y/Y Change
Profit	$4.4B	↓ 0.76%

	FY19	Y/Y Change
Profit	$4.8B	↑ 6.24%

	FY20	Y/Y Change
Profit	$5.0B	↑ 1.76%

	FY21	Y/Y Change
Profit	$5.1B	↑ 1.95%

	FY22	Y/Y Change
Profit	$5.2B	↑ 9.14%

	FY23	Y/Y Change
Profit	$3.6B	↓ 31.5%

	Q2 FY23	Q/Q Change
Profit	$1.4B	↓ 9.97%

	Q3 FY23	Q/Q Change
Profit	$1.4B	↑ 7.69%

	Q4 FY23	Q/Q Change
Profit	$1.5B	↑ 2.06%

	Q1 FY24	Q/Q Change
Profit	$647.1M	↓ 55.89%

	Q2 FY24	Q/Q Change
Profit	$538.6M	↓ 15.75%

	Q3 FY24	Q/Q Change
Profit	$2.0B	↑ 175.61%

	FY18	Y/Y Change
Operating Cash Flow	$1.9B	↓ 5.52%
Investing Cash Flow	$-2.4B	↑ 7.5%
Financing Cash Flow	$479.4M	↑ 89.97%

	FY19	Y/Y Change
Operating Cash Flow	$2.0B	↑ 2.27%
Investing Cash Flow	$-2.1B	↓ 14.88%
Financing Cash Flow	$116.9M	↓ 76.09%

	FY20	Y/Y Change
Operating Cash Flow	$2.1B	↑ 1.43%
Investing Cash Flow	$-3.2B	↑ 49.28%
Financing Cash Flow	$1.0B	↑ 761.69%

	FY21	Y/Y Change
Operating Cash Flow	$2.3B	↑ 7.63%
Investing Cash Flow	$-2.7B	↓ 15.59%
Financing Cash Flow	$352.3M	↓ 66.01%

	FY22	Y/Y Change
Operating Cash Flow	$2.3B	↑ 5.74%
Investing Cash Flow	$-3.0B	↑ 16.37%
Financing Cash Flow	$761.9M	↑ 129.49%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$710.6M	↑ 3.17%
Investing Cash Flow	$-782.8M	↑ 10.52%
Financing Cash Flow	$157.3M	↓ 46.13%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$693.8M	↓ 0.42%
Investing Cash Flow	$-767.7M	↑ 0.0%
Financing Cash Flow	$110.7M	↓ 28.23%

Fortis Technicals Summary

Sell

Neutral

Buy

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

Fortis Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Fortis Inc	-7.09%	7.23%	1.88%	-12.05%	1.16%
Duke Energy Corporation	-6.9%	8.33%	13.16%	5.5%	20.02%
American Electric Power Co., Inc.	-7.01%	4.61%	14.31%	6.07%	-1.77%
Dominion Resources, Inc.	-9.05%	8.39%	15.61%	-30.56%	-34.49%
Nextera Energy, Inc.	-5.91%	-1.1%	20.35%	-20.16%	20.87%
Southern Company	-6.91%	6.56%	19.81%	24.19%	31.29%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Fortis Inc	18.73	18.73	2.93	2.33	0.08	0.03	0.04	41.98
Duke Energy Corporation	19.49	19.49	2.55	5.94	0.09	0.03	0.04	62.38
American Electric Power Co., Inc.	18.62	18.62	1.5	5.62	0.1	0.03	0.04	49.99
Dominion Resources, Inc.	19.81	19.81	2.03	2.76	0.09	0.03	0.05	31.17
Nextera Energy, Inc.	21.51	21.51	2.95	3.42	0.1	0.03	0.03	24.34
Southern Company	19.38	19.38	2.97	4.04	0.13	0.03	0.03	30.39

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Fortis Inc	Hold	$21.0B	1.16%	18.73	14.49%
Duke Energy Corporation	Buy	$83.9B	20.02%	19.49	14.53%
American Electric Power Co., Inc.	Hold	$49.2B	-1.77%	18.62	13.46%
Dominion Resources, Inc.	Hold	$45.1B	-34.49%	19.81	16.95%
Nextera Energy, Inc.	Buy	$149.1B	20.87%	21.51	26.49%
Southern Company	Buy	$91.1B	31.29%	19.38	17.87%

Fortis Dividend announcements

Fortis Dividends March, 2025
In the quarter ending March,2025. Fortis has declared dividend of $0.62
Read More

About Fortis

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
Employees	9600
CEO	Mr. David Gerard Hutchens
Industry	Utilities

Management People of Fortis

Name	Title
Mr. David Gerard Hutchens	President, CEO & Director
Ms. Jocelyn H. Perry CPA	Executive VP & CFO
Mr. Gary J. Smith	Executive Vice President of Operations & Innovation
Mr. James R. Reid	Executive VP of Sustainability & Chief Legal Officer
Mr. Stuart R. Lochray	Senior Vice President of Capital Markets & Business Development
Mr. Kevin D. Woodbury	Vice President of Innovation & Technology
Ms. Keri L. Glitch	Chief Information Officer & VP
Ms. Stephanie A. Amaimo	Vice President of Investor Relations
Ms. Karen M. McCarthy BPR, M.Ed	Vice President of Communications and Government Relations
Ms. Tanya Nicole Finlay	Vice President of People & Culture

Important FAQs about investing in Fortis from India :

What is Fortis share price today?

Fortis share price today stands at $41.83, Open: $41.80 ; Previous Close: $41.96 ; High: $41.84 ; Low: $41.58 ; 52 Week High: $46.06 ; 52 Week Low: $36.86. The stock opens at $41.80, after a previous close of $41.96. The stock reached a daily high of $41.84 and a low of $41.58, with a 52-week high of $46.06 and a 52-week low of $36.86.

Can Indians buy Fortis shares?

Yes, Indians can invest in the Fortis (FTS) from India.

With INDmoney, you can buy Fortis at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Fortis at zero transaction cost.

How can I buy Fortis shares from India?

It is very easy to buy Fortis from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Fortis be purchased?

Yes, you can buy fractional shares of Fortis with INDmoney app.

What are the documents required to start investing in Fortis stocks?

To start investing in Fortis, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.