FTS.TO - Fortis Inc.
| Previous Close | 51.58 |
| Open | 51.64 |
| Bid | 51.63 x 0 |
| Ask | 51.64 x 0 |
| Day's Range | 51.45 - 51.79 |
| 52 Week Range | 40.71 - 52.95 |
| Volume | 729,188 |
| Avg. Volume | 1,055,503 |
| Market Cap | 22.23B |
| Beta (3Y Monthly) | 0.04 |
| PE Ratio (TTM) | 20.22 |
| EPS (TTM) | 2.55 |
| Earnings Date | Aug 2, 2019 |
| Forward Dividend & Yield | 1.80 (3.49%) |
| Ex-Dividend Date | 2019-05-16 |
| 1y Target Est | 53.87 |
- Simply Wall St.•5 days ago
Could The Fortis Inc. (TSE:FTS) Ownership Structure Tell Us Something Useful?
A look at the shareholders of Fortis Inc. (TSE:FTS) can tell us which group is most powerful. Generally speaking, as a...
- GlobeNewswire•12 days ago
Fortis Inc. Releases 2019 Sustainability Update
ST. JOHN'S, Newfoundland and Labrador, July 10, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has released its 2019 Sustainability Update. The document provides current information on the sustainability performance of our utilities and includes expanded reporting on new indicators related to employees, natural gas operations and water use. "Our focus on energy delivery, and not electricity generation or natural gas extraction, underpins the position of Fortis as an industry leader in sustainability performance," said Barry Perry, President and Chief Executive Officer, Fortis.
- GlobeNewswire•17 days ago
Fortis Inc. to Hold Teleconference on August 2 to Discuss Second Quarter 2019 Results
ST. JOHN'S, Newfoundland and Labrador, July 05, 2019 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its second quarter 2019 financial results on.
- Simply Wall St.•21 days ago
Is Fortis Inc.'s (TSE:FTS) ROE Of 6.9% Concerning?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Insider Monkey•23 days ago
Here’s What Hedge Funds Think About Fortis Inc. (FTS)
"The end to the U.S. Government shutdown, reports of progress on China-U.S. trade talks, and the Federal Reserve’s confirmation that it did not plan further interest rate hikes in 2019 allayed investor fears and drove U.S. markets substantially higher in the first quarter of the year. Global markets followed suit pretty much across the board […]
- Insider Monkey•last month
Were Hedge Funds Right About SS&C Technologies Holdings, Inc. (SSNC)?
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
- Simply Wall St.•last month
Could Fortis Inc. (TSE:FTS) Have The Makings Of Another Dividend Aristocrat?
Is Fortis Inc. (TSE:FTS) a good dividend stock? How would you know? Dividend paying companies with growing earnings...
- Markit•last month
See what the IHS Markit Score report has to say about Fortis Inc.
Fortis Inc NYSE:FTSView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for FTS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FTS. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FTS had net inflows of $1.16 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. FTS credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•2 months ago
Read This Before Buying Fortis Inc. (TSE:FTS) Shares
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
- Simply Wall St.•2 months ago
Does Fortis Inc.'s (TSE:FTS) CEO Salary Reflect Performance?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of FTS.TO earnings conference call or presentation 1-May-19 12:30pm GMT
Q1 2019 Fortis Inc Earnings Call
- GlobeNewswire•3 months ago
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors and Say on Pay
ST. JOHN'S, Newfoundland and Labrador, May 02, 2019 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of.
- GlobeNewswire•3 months ago
Newfoundland Power declares dividends on Series A, B, D and G First Preference Shares
All the common shares of Newfoundland Power Inc. are owned by Fortis Inc., a leader in the North American regulated electric and gas utility industry with total assets of approximately C$53 billion as at March 31, 2019. Newfoundland Power is the primary distributer of electricity on the island portion of Newfoundland and Labrador, and purchases 93% of its energy needs from Newfoundland and Labrador Hydro.
Motley Fool•3 months agoFortis Inc. (FTS) Q1 2019 Earnings Call Transcript
FTS earnings call for the period ending March 31, 2019.
- GlobeNewswire•3 months ago
Fortis Inc. Reports First Quarter 2019 Earnings¹
ST. JOHN'S, Newfoundland and Labrador, May 01, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS), a leader in the North American regulated electric and gas utility industry, released its first quarter results today. "Our businesses, now 99% regulated, delivered strong performance in the first quarter of 2019," said Barry Perry, President and Chief Executive Officer, Fortis.
- GlobeNewswire•3 months ago
Advisory: Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2019 Results and Hold Annual Meeting on May 2
ST. JOHN'S, Newfoundland and Labrador, April 24, 2019 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its first quarter 2019 financial results on.
- Simply Wall St.•3 months ago
What Should We Expect From Fortis Inc.'s (TSE:FTS) Earnings Over The Next Year?
Looking at Fortis Inc.'s (TSE:FTS) earnings update in December 2018, the consensus outlook from analysts appear somewhat bearish, with profits predicted to rise by 8.6% next yea...
- GlobeNewswire•3 months ago
Fortis Inc. Announces Pricing, Early Tender Results and Early Settlement Election of Its Tender Offer for Its 3.055% Notes Due 2026
ST. JOHN'S, Newfoundland and Labrador, April 17, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today the determination of the pricing and the early tender results for its previously announced tender offer to purchase for cash up to US$400 million of its outstanding 3.055% Notes due 2026 (the "Notes"). The tender offer is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated April 4, 2019 (the "Offer to Purchase"). Fortis previously announced the completion of the sale of its 51% interest in the Waneta Expansion Hydroelectric Project in British Columbia, which satisfies the Waneta Sale Condition (as defined in the Offer to Purchase).
- GlobeNewswire•3 months ago
Fortis Inc. Completes Sale of Its Interest in the Waneta Expansion Hydroelectric Project
ST. JOHN'S, Newfoundland and Labrador, April 16, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that it has completed the sale of its 51% interest in the Waneta Expansion Hydroelectric Project in British Columbia ("Waneta Expansion") to Columbia Power Corporation ("CPC") and Columbia Basin Trust ("CBT") for a purchase price of approximately $1 billion. FortisBC will continue to operate the Waneta Expansion facility and purchase its surplus capacity. "The sale of our interest in the Waneta Expansion helps finance the substantial growth occurring in our regulated utility businesses across North America," said Barry Perry, President and Chief Executive Officer, Fortis.
- GlobeNewswire•3 months ago
Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2019 Results and Hold Annual Meeting on May 2
ST. JOHN'S, Newfoundland and Labrador, April 08, 2019 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its first quarter 2019 financial results on.
- GlobeNewswire•4 months ago
Fortis Inc. Announces Tender Offer for Up to US$400 Million of Its 3.055% Notes Due 2026
ST. JOHN'S, Newfoundland and Labrador, April 04, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today a tender offer to purchase for cash up to US$400 million aggregate principal amount (the "Maximum Tender Amount") of its outstanding 3.055% Notes due 2026 (the "Notes"). The tender offer is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated April 4, 2019 (the "Offer to Purchase"), including the consummation of the previously announced sale of its 51% interest in the Waneta Expansion Hydroelectric Project in British Columbia pursuant to the definitive agreement, dated as of January 28, 2019, among Fortis, Columbia Power Corporation and Columbia Basin Trust.
- Business Wire•4 months ago
TEP Seeks Updated Rates to Support Reliable and More Sustainable Service
Tucson Electric Power (TEP) is seeking updated rates beginning in May 2020 to support investments in a more reliable and sustainable electric system. TEP’s current rates do not reflect approximately $1.2 billion the company has invested since June 2015 to maintain and improve its service while transitioning to a cleaner, more flexible and resilient energy portfolio. “Our proposed rates will support TEP’s continued development of a smarter, greener grid with lower emissions, a smaller carbon footprint and expanded wind and solar resources,” said David G. Hutchens, TEP President and CEO.
- Insider Monkey•4 months ago
Here is What Hedge Funds Think About Fortis Inc. (NYSE:FTS)
Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 13.5% in the fourth quarter. Seven out of 11 industry groups in the S&P 500 Index were down more than 20% from their 52-week […]
