- CA$31.33bn
- CA$65.97bn
- CA$11.52bn
- 64
- 69
- 81
- 82
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 18.69 | ||
| PEG Ratio (f) | 4.53 | ||
| EPS Growth (f) | 4.31% | ||
| Dividend Yield (f) | 3.94% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.5 | ||
| Price to Tang. Book | 4.54 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 2.74 | ||
| EV to EBITDA | 12.91 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 5.05% | ||
| Return on Equity | 7.77% | ||
| Operating Margin | 28.22% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | CA$m | 8,783 | 8,935 | 9,448 | 11,043 | 11,517 | 11,921.18 | 12,579.62 | 6.54% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +5.51 | -0.86 | +0.52 | +6.33 | +10.08 | +6.1 | +4.19 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.
Directors
- Douglas Haughey NEC (64)
- David Hutchens PRE (54)
- Jocelyn Perry CFO
- Nora Duke CHO (59)
- James Reid EVP
- Gary Smith EVP
- Ronald Hinsley CIO
- Regan O'Dea VPR
- Jamie Roberts VPR
- Karen Gosse VPR
- Stephanie Amaimo VPR
- Karen Mccarthy VPR
- Tracey Ball IND (63)
- Pierre Blouin IND (63)
- Paul Bonavia IND (69)
- Lawrence Borgard IND (59)
- Maura Clark IND (62)
- Margarita Dilley IND (63)
- Julie Dobson IND (64)
- Jo Zurel IND (57)
- Last Annual
- December 31st, 2023
- Last Interim
- September 30th, 2024
- Incorporated
- August 28th, 1987
- Public Since
- March 17th, 1980
- No. of Employees
- 9,598
- Sector
- Electric Utilities & IPPs
- Industry
- Utilities
- Exchange
Toronto Stock Exchange- Shares in Issue
- 497,405,907
- Address
- Fortis Place, ST. JOHNS, A1E 0E4
- Web
- https://www.fortisinc.com
- Phone
- +1 7097372800
- Auditors
- Deloitte LLP
Upcoming Events for FTS
Dividend For FTS_pf.TO - 0.3063 CAD
Dividend For FTS_pi.TO - 0.3140 CAD
Dividend For FTS.TO - 0.6150 CAD
Dividend For FTS_pm.TO - 0.3433 CAD
Dividend For FTS_pj.TO - 0.2969 CAD
Dividend For FTS_ph.TO - 0.1147 CAD
Dividend For FTS_pk.TO - 0.3418 CAD
Dividend For FTS_pg.TO - 0.3827 CAD
Q1 2025 Fortis Inc Earnings Release
Fortis Inc Annual Shareholders Meeting
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FAQ
What is the Fortis share price?
As of Today at 19:41 UTC, shares in Fortis are trading at CA$62.98. This share price information is delayed by 15 minutes.
How has the Fortis share price performed this year?
Shares in Fortis last closed at CA$62.98 and the price had moved by +13.38% over the past 365 days. In terms of relative price strength the Fortis share price has underperformed the Toronto Stock Exchange 300 Composite Index by -10.28% over the past year.
What are the analyst and broker recommendations for Fortis?
The overall consensus recommendation for Fortis is Hold. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreWhat is the Fortis dividend yield?
The Fortis dividend yield is 3.75% based on the trailing twelve month period.
Does Fortis pay a dividend?
Last year, Fortis paid a total dividend of CA$2.36, and it currently has a trailing dividend yield of 3.75%.Looking ahead, shares in Fortis are due to go ex-dividend on 2025-02-18 and the next dividend pay date is 2025-03-01.
When does Fortis next pay dividends?
Fortis are due to go ex-dividend on 2025-02-18 and the next dividend pay date is 2025-03-01. The historic dividend yield on Fortis shares is currently 3.75%.
How do I buy Fortis shares?
To buy shares in Fortis you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Fortis?
As of the previous close price of CA$62.98, shares in Fortis had a market capitalisation of CA$31.33bn.
Where are Fortis shares listed?
Here are the trading details for Fortis:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: FTS
What kind of share is Fortis?
Based on an overall assessment of its quality, value and momentum Fortis is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Fortis share price forecast for 2024?
The analyst consensus target price for shares in Fortis is CA$61.75. That is 1.95% below the last closing price of CA$62.98.
Analysts covering Fortis currently have a consensus Earnings Per Share (EPS) forecast of CA$3.24 for the next financial year.
Find out moreWhat is the trend in the Fortis share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortis. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -1.76%.
As of the last closing price of CA$62.98, shares in Fortis were trading +10.42% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Fortis PE Ratio?
The Fortis PE ratio based on its reported earnings over the past 12 months is 18.69. The shares last closed at CA$62.98.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Fortis?
Fortis' management team is headed by:
- Douglas Haughey - NEC
- David Hutchens - PRE
- Jocelyn Perry - CFO
- Nora Duke - CHO
- James Reid - EVP
- Gary Smith - EVP
- Ronald Hinsley - CIO
- Regan O'Dea - VPR
- Jamie Roberts - VPR
- Karen Gosse - VPR
- Stephanie Amaimo - VPR
- Karen Mccarthy - VPR
- Tracey Ball - IND
- Pierre Blouin - IND
- Paul Bonavia - IND
- Lawrence Borgard - IND
- Maura Clark - IND
- Margarita Dilley - IND
- Julie Dobson - IND
- Jo Zurel - IND