Market closedNon-fractional
Fortis/FTS
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Fortis
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.
Ticker
FTS
Sector
Utilities
Trading on
NYSE
Industry
Electric Utilities
Headquarters
Saint John's, Canada
Employees
9,600
Website
www.fortisinc.com
Fortis Metrics
BasicAdvanced
$20B
Market cap
17.98
P/E ratio
$2.26
EPS
0.19
Beta
$1.67
Dividend rate
4.11%
Dividend yield
Price and volume
Market cap
$20B
Beta
0.19
Dividend rate
$1.67
Financial strength
Current ratio
0.604
Quick ratio
0.375
Long term debt to equity
115.386
Total debt to equity
128.886
Dividend payout ratio (TTM)
48.78%
Interest coverage (TTM)
152.10%
Management effectiveness
Return on assets (TTM)
3.02%
Return on equity (TTM)
7.38%
Valuation
Price to earnings (TTM)
17.978
Price to revenue (TTM)
2.428
Price to book
1.35
Price to tangible book (TTM)
4.24
Price to free cash flow (TTM)
-27.499
Dividend yield (TTM)
4.11%
Growth
Revenue change (TTM)
-1.83%
Earnings per share change (TTM)
6.35%
3-year revenue growth (CAGR)
7.60%
3-year earnings per share growth (CAGR)
5.19%
3-year dividend per share growth (CAGR)
5.54%
What the Analysts think about Fortis
Analyst Ratings
Majority rating from 14 analysts.
Fortis Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.1B
8.08%
Net income
$477M
19.85%
Profit margin
15.29%
10.88%
Fortis Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.62
$0.84
$0.72
$0.93
-
Expected
$0.61
$0.82
$0.70
$0.89
$0.65
Surprise
0.88%
3.07%
2.25%
4.14%
-
Fortis News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Fortis stock?
Fortis (FTS) has a market cap of $20B as of July 26, 2024.
What is the P/E ratio for Fortis stock?
The price to earnings (P/E) ratio for Fortis (FTS) stock is 17.98 as of July 26, 2024.
Does Fortis stock pay dividends?
Yes, the Fortis (FTS) stock pays dividends to shareholders. As of July 26, 2024, the dividend rate is $1.672 and the yield is 4.11%. Fortis has a payout ratio of 48.78% on a trailing twelve-month basis.
When is the next Fortis dividend payment date?
The next Fortis (FTS) dividend payment date is unconfirmed.
What is the beta indicator for Fortis?
Fortis (FTS) has a beta rating of 0.19. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
Buy or sell Fortis stock
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