Fortis Inc (FTS)

$39.9

+0.07

(+0.18%)

Market is closed - opens 8 PM, 23 Feb 2024

Insights on Fortis Inc

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 2.59B → 2.88B (in $), with an average increase of 5.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 394.0M → 381.0M (in $), with an average decrease of 3.3% per quarter

  • Vs PCG

    In the last 1 year, Pg&e Corporation has given 8.1% return, outperforming this stock by 10.4%

  • Vs PCG

    In the last 3 years, Pg&e Corporation has given 47.1% return, outperforming this stock by 46.8%

Performance

  • $39.38
    $39.93
    $39.90
    downward going graph

    1.3%

    Downside

    Day's Volatility :1.37%

    Upside

    0.06%

    downward going graph
  • $35.52
    $44.40
    $39.90
    downward going graph

    10.98%

    Downside

    52 Weeks Volatility :20.0%

    Upside

    10.14%

    downward going graph

Returns

PeriodFortis IncSector (Utilities)Index (Russel 2000)
3 Months
-2.97%
-0.8%
0.0%
6 Months
1.01%
-2.0%
0.0%
1 Year
-2.33%
-7.4%
-6.6%
3 Years
0.33%
3.0%
-21.4%

Highlights

Market Capitalization
19.5B
Book Value
$40.53
Dividend Share
2.285
Dividend Yield
4.42%
Earnings Per Share (EPS)
2.3
PE Ratio
17.27
PEG Ratio
2.95
Wall Street Target Price
41.71
Profit Margin
13.66%
Operating Margin TTM
27.52%
Return On Assets TTM
3.02%
Return On Equity TTM
7.41%
Revenue TTM
11.5B
Revenue Per Share TTM
23.68
Quarterly Revenue Growth YOY
-8.9%
Gross Profit TTM
4.4B
EBITDA
4.9B
Diluted Eps TTM
2.3
Quarterly Earnings Growth YOY
0.01
EPS Estimate Current Year
2.37
EPS Estimate Next Year
2.47
EPS Estimate Current Quarter
0.52
EPS Estimate Next Quarter
0.62

Analyst Recommendation

Hold
    18%Buy
    45%Hold
    36%Sell
Based on 22 Wall street analysts offering stock ratings for Fortis Inc(by analysts ranked 0 to 5 stars)
Based on 22 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
4
4
3
Hold
10
10
12
Sell
8
8
8

Analyst Forecast

What analysts predicted

Upside of 4.54%

Current $39.90
Target $41.71

Company Financials

FY18Y/Y Change
Revenue
6.2B
↑ 1.07%
Net Income
856.0M
↑ 13.42%
Net Profit Margin
13.9%
↑ 1.52%
FY19Y/Y Change
Revenue
6.7B
↑ 4.68%
Net Income
1.3B
↑ 47.68%
Net Profit Margin
19.61%
↑ 5.71%
FY20Y/Y Change
Revenue
7.0B
↑ 1.73%
Net Income
999.1M
↓ 26.02%
Net Profit Margin
14.26%
↓ 5.35%
FY21Y/Y Change
Revenue
7.4B
↑ 5.74%
Net Income
1.0B
↑ 1.57%
Net Profit Margin
13.7%
↓ 0.56%
FY22Y/Y Change
Revenue
8.2B
↑ 16.88%
Net Income
982.4M
↑ 2.78%
Net Profit Margin
12.04%
↓ 1.66%
FY23Y/Y Change
Revenue
11.5B
↑ 4.29%
Net Income
1.5B
↑ 13.23%
Net Profit Margin
13.08%
↑ 1.04%
Q3 FY22Q/Q Change
Revenue
1.9B
↑ 2.65%
Net Income
250.1M
↑ 14.0%
Net Profit Margin
13.4%
↑ 1.34%
Q4 FY22Q/Q Change
Revenue
2.3B
↑ 24.09%
Net Income
273.3M
↑ 8.19%
Net Profit Margin
11.68%
↓ 1.72%
Q1 FY23Q/Q Change
Revenue
2.5B
↑ 4.77%
Net Income
323.2M
↑ 18.11%
Net Profit Margin
13.17%
↑ 1.49%
Q2 FY23Q/Q Change
Revenue
2.0B
↓ 21.84%
Net Income
222.1M
↓ 32.72%
Net Profit Margin
11.33%
↓ 1.84%
Q3 FY23Q/Q Change
Revenue
2.7B
↑ 4.82%
Net Income
394.0M
↑ 34.01%
Net Profit Margin
14.49%
↑ 3.16%
Q4 FY23Q/Q Change
Revenue
2.9B
↑ 6.11%
Net Income
381.0M
↓ 3.3%
Net Profit Margin
13.21%
↓ 1.28%
FY18Y/Y Change
Total Assets
38.9B
↑ 10.93%
Total Liabilities
25.4B
↑ 11.33%
FY19Y/Y Change
Total Assets
40.9B
↑ 0.67%
Total Liabilities
25.5B
↓ 3.77%
FY20Y/Y Change
Total Assets
43.5B
↑ 3.89%
Total Liabilities
27.6B
↑ 5.73%
FY21Y/Y Change
Total Assets
45.2B
↑ 3.93%
Total Liabilities
28.8B
↑ 4.39%
FY22Y/Y Change
Total Assets
47.5B
↑ 11.43%
Total Liabilities
30.6B
↑ 12.7%
FY23Y/Y Change
Total Assets
65.9B
↑ 2.6%
Total Liabilities
42.6B
↑ 2.84%
Q3 FY22Q/Q Change
Total Assets
46.9B
↑ 6.89%
Total Liabilities
30.1B
↑ 7.98%
Q4 FY22Q/Q Change
Total Assets
47.5B
↑ 0.26%
Total Liabilities
30.6B
↑ 0.67%
Q1 FY23Q/Q Change
Total Assets
47.8B
↑ 0.59%
Total Liabilities
30.7B
↑ 0.33%
Q2 FY23Q/Q Change
Total Assets
48.4B
↓ 0.85%
Total Liabilities
30.9B
↓ 1.55%
Q3 FY23Q/Q Change
Total Assets
66.3B
↑ 3.44%
Total Liabilities
42.7B
↑ 4.49%
Q4 FY23Q/Q Change
Total Assets
65.9B
↓ 0.55%
Total Liabilities
42.6B
↓ 0.35%
FY18Y/Y Change
Operating Cash Flow
1.9B
↓ 5.52%
Investing Cash Flow
-2.4B
↑ 7.5%
Financing Cash Flow
472.8M
↑ 89.97%
FY19Y/Y Change
Operating Cash Flow
2.0B
↑ 2.27%
Investing Cash Flow
-2.1B
↓ 14.88%
Financing Cash Flow
117.9M
↓ 76.09%
FY20Y/Y Change
Operating Cash Flow
2.1B
↑ 1.43%
Investing Cash Flow
-3.2B
↑ 49.28%
Financing Cash Flow
1.0B
↑ 761.69%
FY21Y/Y Change
Operating Cash Flow
2.3B
↑ 7.63%
Investing Cash Flow
-2.7B
↓ 15.59%
Financing Cash Flow
353.9M
↓ 66.01%
FY22Y/Y Change
Operating Cash Flow
2.3B
↑ 5.74%
Investing Cash Flow
-3.0B
↑ 16.37%
Financing Cash Flow
764.5M
↑ 129.49%
Q3 FY22Q/Q Change
Operating Cash Flow
462.9M
↓ 16.6%
Investing Cash Flow
-784.7M
↑ 16.88%
Financing Cash Flow
344.4M
↑ 279.84%
Q4 FY22Q/Q Change
Operating Cash Flow
641.9M
↑ 37.28%
Investing Cash Flow
-850.9M
↑ 7.36%
Financing Cash Flow
76.1M
↓ 78.13%
Q1 FY23Q/Q Change
Operating Cash Flow
676.7M
↑ 5.29%
Investing Cash Flow
-695.9M
↓ 18.32%
Financing Cash Flow
286.9M
↑ 276.7%
Q2 FY23Q/Q Change
Operating Cash Flow
713.1M
↑ 3.17%
Investing Cash Flow
-785.6M
↑ 10.52%
Financing Cash Flow
157.9M
↓ 46.13%
Q3 FY23Q/Q Change
Operating Cash Flow
940.0M
↓ 0.42%
Investing Cash Flow
-1.0B
↑ 0.0%
Financing Cash Flow
150.0M
↓ 28.23%

Technicals Summary

Sell

Neutral

Buy

Fortis Inc is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Fortis Inc
Fortis Inc
-0.82%
1.01%
-2.33%
0.33%
11.79%
Duke Energy Corporation
Duke Energy Corporation
-2.18%
3.8%
-4.6%
5.25%
3.43%
American Electric Power Co., Inc.
American Electric Power Co., Inc.
6.86%
5.01%
-9.09%
7.54%
1.03%
Pg&e Corporation
Pg&e Corporation
0.72%
0.0%
8.12%
47.06%
-10.6%
Nextera Energy, Inc.
Nextera Energy, Inc.
0.44%
-15.43%
-22.5%
-23.97%
21.41%
Southern Company
Southern Company
-1.58%
0.0%
3.82%
14.24%
34.46%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Fortis Inc
Fortis Inc
17.27
17.27
2.95
2.37
0.07
0.03
0.04
40.53
Duke Energy Corporation
Duke Energy Corporation
17.19
17.18
2.33
5.96
0.08
0.03
0.04
61.15
American Electric Power Co., Inc.
American Electric Power Co., Inc.
18.55
18.55
2.37
5.27
0.09
0.03
0.04
48.15
Pg&e Corporation
Pg&e Corporation
19.34
19.34
1.13
1.21
0.08
0.01
0.0
11.31
Nextera Energy, Inc.
Nextera Energy, Inc.
15.81
15.81
2.35
3.4
0.12
0.04
0.04
23.13
Southern Company
Southern Company
18.52
18.52
2.57
4.01
0.11
0.03
0.04
28.82
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Fortis Inc
Fortis Inc
Hold
$19.5B
11.79%
17.27
13.66%
Duke Energy Corporation
Duke Energy Corporation
Buy
$70.9B
3.43%
17.19
9.78%
American Electric Power Co., Inc.
American Electric Power Co., Inc.
Buy
$42.5B
1.03%
18.55
11.7%
Pg&e Corporation
Pg&e Corporation
Buy
$42.3B
-10.6%
19.34
8.07%
Nextera Energy, Inc.
Nextera Energy, Inc.
Buy
$116.8B
21.41%
15.81
26.0%
Southern Company
Southern Company
Buy
$73.1B
34.46%
18.52
15.75%

Institutional Holdings

  • Royal Bank of Canada

    6.46%
  • BMO Capital Markets Corp.

    5.39%
  • Bank of Montreal

    5.39%
  • Vanguard Group Inc

    3.96%
  • Fidelity International Ltd

    2.97%
  • TD Asset Management Inc

    2.73%

Corporate Announcements

  • Fortis Inc Dividends March,2024

    In the quarter ending March,2024. Fortis Inc has declared dividend of $0.59

    Read More

Company Information

fortis inc. is a leader in the north american electric and gas utility business, with total assets of approximately $28 billion and fiscal 2014 revenue of $5.4 billion. its regulated utilities serve more than 3 million customers across canada and in the united states and the caribbean.

Organization
Fortis Inc
Employees
9598
CEO
Mr. David Gerard Hutchens
Industry
Utilities

FAQs