Fortis (FTS) - Stock Price & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA3495531079

(TO:FTS Stock) Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 443,000 retail customers in southeastern Arizona; and 102,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,328 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,076,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 584,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 274,000 customers in Newfoundland and Labrador; approximately 33,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 51,200 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada. Web URL: https://www.fortisinc.com

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Fortis (FTS) - Stock Price & Dividends

FTS Stock Overview

Market Cap in USD 18,975m
Sector Utilities
Industry Utilities - Regulated Electric
GiC SubIndustry Electric Utilities
TER 0.00%
IPO / Inception

FTS Stock Ratings

Fundamental -0.80
Dividend 7.72
Growth 5y 4.17
Rel. Performance vs Sector 0.87
Analysts -
Fair Price Total Ret. 49.53
Fair Price DCF -

FTS Dividends

Yield 12m 4.31%
Yield on Cost 5y 5.96%
Dividends CAGR 5y 4.57%
Payout Consistency 97.2%

FTS Growth Ratios

Growth 12m 0.82%
Growth Correlation 12m -20%
Growth Correlation 3m -54%
CAGR 5y 6.70%
CAGR / Mean Drawdown 1.00
Sharpe Ratio 12m -0.27
Alpha vs SP500 12m -14.12
Beta vs SP500 5y weekly 0.46
CAPM 6.49%
Average Daily Range 2m 1.35%
Regime Oscillator 68.27
Volatility GJR Garch 1y 17.20%
Price / SMA 50 -0.09%
Price / SMA 200 -0.92%
Current Volume 2532.4k
Average Volume 20d 1860.9k
What is the price of FTS stocks?
As of February 21, 2024, the stock is trading at CAD 53.61 with a total of 2,532,436 shares traded.
Over the past week, the price has changed by +3.81%, over one month by -0.30%, over three months by -3.66% and over the past year by +0.82%.
Why is FTS stock down?
Check with which Index or Commodity FTS has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return FTS Return S&P 500
1 Month -0.30% 2.97%
3 Months -3.66% 9.80%
12 Months 0.82% 26.37%
What is the forecast for FTS stock price target?
According to ValueRays Forecast Model, FTS Fortis will be worth about 53.5 in February 2025.
Issuer Forecast Upside
Wallstreet Target Price 58.1 8.4%
Analysts Target Price - -
ValueRay Target Price 53.5 -0.2%