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Fortis Inc

FTS
Current price
60.75 CAD +0.35 CAD (+0.58%)
Last closed 60.55 CAD
ISIN CA3495531079
Sector Utilities
Industry Utilities - Regulated Electric
Exchange Toronto Exchange
Capitalization 30 185 031 705 CAD
Yield for 12 month +10.09 %
1Y
3Y
5Y
10Y
15Y
FTS
21.11.2021 - 28.11.2021

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 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 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 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four 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 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 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 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada. Address: Fortis Place, Saint John's, NF, Canada, A1E 0E4

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Analytics

WallStreet Target Price

81.83 CAD

P/E ratio

18.9812

Dividend Yield

3.9 %

Current Year

+11 508 554 501 CAD

Last Year

+11 034 902 089 CAD

Current Quarter

+2 668 042 070 CAD

Last Quarter

+3 115 713 549 CAD

Current Year

+7 740 319 803 CAD

Last Year

+7 085 800 120 CAD

Current Quarter

+737 458 819 CAD

Last Quarter

+875 357 624 CAD

Key Figures FTS

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
EBITDA 5 120 242 279 CAD
Operating Margin TTM 28.32 %
PE Ratio 18.9812
Return On Assets TTM 3.09 %
PEG Ratio 2.9506
Return On Equity TTM 7.44 %
Wall Street Target Price 81.83 CAD
Revenue TTM 11 383 646 165 CAD
Book Value 42.63 CAD
Revenue Per Share TTM
Dividend Share 2.33 CAD
Quarterly Revenue Growth YOY 2.9 %
Dividend Yield 3.9 %
Gross Profit TTM 4 404 767 582 CAD
Earnings per share 3.19 CAD
Diluted Eps TTM 3.19 CAD
Most Recent Quarter II 2024
Quarterly Earnings Growth YOY 10.6 %
Profit Margin 14.35 %

Dividend Analytics FTS

Aristocrat - 25 or more consecutive years of dividend increases

Dividend growth over 5 years

32 %

Continuous growth

33 years

Payout Ratio 5 years average

68 %

Dividend History FTS

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Forward Annual Dividend Rate 2.36
Ex Dividend Date 20.08.2024
Forward Annual Dividend Yield 3.9 %
Last Split Factor 4:1
Payout Ratio 74.68 %
Last Split Date 12.10.2005
Dividend Date 01.09.2024

Stock Valuation FTS

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Trailing PE 18.9812
Forward PE 18.1159
Enterprise Value Revenue 5.5085
Price Sales TTM 2.6516
Enterprise Value EBITDA 11.7208
Price Book MRQ 1.4193

Financials FTS

1 year
3 years
5 years
10 years
15 years
Results 2019 Dynamics
* The data for this period has not yet been published

Technical indicators FTS

For 52 weeks

47.73 CAD 61.26 CAD
50 Day MA 57.39 CAD
Shares Short Prior Month 8 836 179
200 Day MA 54.82 CAD
Short Ratio 4.44
Shares Short 8 759 385
Short Percent 1.19 %

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