FTS - Fortis - Stock Price & Dividends
Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA3495531079
Electricity, Natural Gas
Fortis Inc. is a leading electric and gas utility company that operates in Canada, the United States, and the Caribbean. With a rich history dating back to 1885, the company has established itself as a reliable provider of essential energy services to a diverse range of customers.
In Arizona, Fortis Inc. generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona, and 103,000 retail customers in Mohave and Santa Cruz counties. The company's generating capacity in the region totals 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MW of wind capacity. Additionally, Fortis Inc. sells wholesale electricity to other entities in the western United States.
In British Columbia, Canada, the company distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers. It also owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta, and owns four hydroelectric generating facilities with a combined capacity of 225 MW.
Fortis Inc. has a significant presence in the Caribbean, where it distributes electricity to customers in Newfoundland and Labrador, Prince Edward Island, Grand Cayman, and Turks and Caicos. The company's generating capacity in these regions totals 235 MW, and it also provides integrated electric utility services to approximately 69,000 customers in Ontario.
The company's asset portfolio includes long-term contracted generation assets in Belize, consisting of three hydroelectric generating facilities with a combined capacity of 51 MW, as well as the Aitken Creek natural gas storage facility. Fortis Inc. also owns and operates an extensive network of distribution lines and natural gas pipelines, spanning approximately 90,500 circuit kilometers and 51,600 kilometers, respectively.
Headquartered in St. John's, Canada, Fortis Inc. is committed to providing safe, reliable, and efficient energy services to its customers, while also investing in renewable energy sources and reducing its environmental footprint. With a strong track record of operational excellence and a commitment to sustainability, Fortis Inc. is well-positioned for long-term success in the energy sector.
Drawdown (Underwater) Chart
![Drawdown / Underwater Chart for FTS - Fortis - Stock Price & Dividends](https://www.valueray.com/images/drawdown_chart/FTS.TO_drawdown.png)
Overall Trend and Yearly Seasonality
![Drawdown / Underwater Chart for FTS - Fortis - Stock Price & Dividends](https://www.valueray.com/images/chart/FTS.TO_seasonality.png)
FTS Stock Overview
Market Cap in USD | 20,092m |
Sector | Utilities |
Industry | Utilities - Regulated Electric |
GiC SubIndustry | Electric Utilities |
TER | 0.00% |
IPO / Inception |
FTS Stock Ratings
Growth 5y | 36.3 |
Fundamental | -20.0 |
Dividend | 68.7 |
Rel. Performance vs Sector | -0.93 |
Analysts | - |
Fair Price Momentum | 55.64 CAD |
Fair Price DCF | - |
FTS Dividends
Dividend Yield 12m | 4.15% |
Yield on Cost 5y | 5.40% |
Dividends CAGR 5y | 4.57% |
Payout Consistency | 100.0% |
FTS Growth Ratios
Growth 12m | 3.66% |
Growth Correlation 12m | 25% |
Growth Correlation 3m | 3% |
CAGR 5y | 5.42% |
CAGR/Mean DD 5y | 0.72 |
Sharpe Ratio 12m | -0.11 |
Alpha vs SP500 12m | -9.00 |
Beta vs SP500 5y weekly | 0.48 |
ValueRay RSI | 93.43 |
Volatility GJR Garch 1y | 13.13% |
Price / SMA 50 | 3.65% |
Price / SMA 200 | 5.2% |
Current Volume | 1307.1k |
Average Volume 20d | 1141.9k |
External Links for FTS Stock
As of July 27, 2024, the stock is trading at CAD 56.29 with a total of 1,307,138 shares traded.
Over the past week, the price has changed by +0.88%, over one month by +5.35%, over three months by +5.90% and over the past year by +4.81%.
According to ValueRays Forecast Model, FTS Fortis will be worth about 60.1 in July 2025. The stock is currently trading at 56.29. This means that the stock has a potential upside of +6.77%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 57.8 | 2.65 |
Analysts Target Price | - | - |
ValueRay Target Price | 60.1 | 6.77 |