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Fortis Inc

FTS.TO

Latest Trade

54.68CAD

Change

-0.33(-0.60%)

Volume

1,540,429

Today's Range

54.54

 - 

55.66

52 Week Range

42.23

 - 

56.94

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
55.01
Open
55.20
Volume
1,540,429
3M AVG Volume
21.72
Today's High
55.66
Today's Low
54.54
52 Week High
56.94
52 Week Low
42.23
Shares Out (MIL)
436.76
Market Cap (MIL)
23,807.79
Forward P/E
21.26
Dividend (Yield %)
3.50

Next Event

Q3 2019 Fortis Inc Earnings Release

Latest Developments

More

Fortis Inc Announces 6.1% Quarterly Dividend Increase

Fortis Q2 Earnings Per Share C$1.66

Fortis Inc Reports Q1 EPS C$0.72

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About Fortis Inc

Fortis Inc. is a Canada-based electric and gas utility holding company. The Company's segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. (ITC Holdings), UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Energy Inc. (FortisBC Energy), FortisBC Inc. (FortisBC Electric) and Newfoundland Power Inc. (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited. The Non-Regulated Utilities segment consists of Non-Regulated-Energy Infrastructure, which comprises long-term generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility.

Industry

Electric Utilities

Contact Info

5 Springdale Street Suite 1100, Stn a

PO Box 8837

+1.709.7372800

https://www.fortisinc.com

Executive Leadership

Douglas J. Haughey

Independent Non-Executive Chairman of the Board

Barry V. Perry

President, Chief Executive Officer, Director

Jocelyn Perry

Chief Financial Officer, Executive Vice President

Nora M. Duke

Executive Vice President - Corporate Services, Chief Human Resource Officer

Phonse J. Delaney

Executive Vice President, Chief Information Officer

Key Stats

2.53 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2016

6.8K

2017

8.3K

2018

8.4K

2019(E)

9.0K
EPS (CAD)

2016

2.330

2017

2.530

2018

2.510

2019(E)

2.563
Price To Earnings (TTM)
15.11
Price To Sales (TTM)
2.75
Price To Book (MRQ)
1.52
Price To Cash Flow (TTM)
8.01
Total Debt To Equity (MRQ)
136.03
LT Debt To Equity (MRQ)
130.72
Return on Investment (TTM)
3.79
Return on Equity (TTM)
3.41

Latest News

Latest News

Fortis sells stake in British Columbia hydro plant

Canadian energy company Fortis Inc said on Monday it would sell its 51 percent stake in the Waneta Expansion hydroelectric plant in British Columbia to two public sector partners for about C$1 billion, and plans to use the proceeds for its five-year investment plan.

Canadian utility Fortis to sell stake in British Columbia hydroelectric project

Electric and gas utility Fortis Inc said on Monday it would sell a majority stake in its hydroelectric project in British Columbia to Columbia Power Corp and Columbia Basin Trust for about C$1 billion.

BRIEF-Fortis Reports Q1 Earnings Per Share C$0.77

* Q1 EARNINGS PER SHARE VIEW C$0.72 -- THOMSON REUTERS I/B/E/S

BRIEF-Fortis Names New Executive Vice President, Chief Financial Officer

* . APPOINTS NEW EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER

BRIEF-Fortis issues 15th tranche convertible bonds worth 10 bln won

* Says it completed issuance of 15th tranche unregistered and unsecured convertible bonds worth 10 billion won

BRIEF-Fortis Inc. Announces At-The-Market Equity Program

* FORTIS INC - ESTABLISHED AN AT-THE-MARKET EQUITY PROGRAM THAT ALLOWS CORPORATION TO ISSUE UP TO C$500 MILLION OF COMMON SHARES

BRIEF-Wataynikaneyap Power Project Funding Announced - Fortis Updates Five-Year Capital Investment Plan

* WATAYNIKANEYAP POWER PROJECT FUNDING ANNOUNCED - FORTIS UPDATES FIVE-YEAR CAPITAL INVESTMENT PLAN

BRIEF-Fortis issues 14th tranche convertible bonds worth 10 bln won

* Says it completed issuance of 14th tranche unregistered and unsecured convertible bonds worth 10 billion won

BRIEF-Fortis Inc Announces Executive Appointment

* FORTIS INC. ANNOUNCES EXECUTIVE APPOINTMENT Source text for Eikon: Further company coverage:

BRIEF-Fortis Reports Q4 Adjusted Earnings Per Share C$0.62

* GOING FORWARD, IMPACT OF U.S. TAX REFORM WILL INCREASE RATE BASE GROWTH OVER FIVE-YEAR PERIOD TO 2022 BY ABOUT 50 BASIS POINTS

BRIEF-Fortis to issue 14th series convertible bonds worth 10 bln won

* Says it will issue 14th series unregistered/unsecured convertible bonds worth of 10 billion won

BRIEF-Fortis issues 13th series convertible bonds worth 1.5 bln won

* Says it completed issuance of 15th series unregistered and unsecured private convertible bonds worth 1.5 billion won

BRIEF-Fortis Announces Officer Changes

* FORTIS ANNOUNCES OFFICER CHANGES EXECUTIVE VICE PRESIDENT, WESTERN UTILITY OPERATIONS APPOINTED FOCUS ON SUSTAINABILITY ELEVATED Source text for Eikon: Further company coverage:

BRIEF-Fortis to sell entire stake in Online Cargo Service for 6.5 bln won

* Says it plans to sell its entire 104,406 shares of Online Cargo Service Co.Ltd, a logistic company, for 6.5 billion won

BRIEF-ITC Holdings Corp. announces pricing of $500.0 million senior notes

* ITC Holdings Corp. announces pricing of $500.0 million senior notes due 2022 and $500.0 million senior notes due 2027 Source text for Eikon: Further company coverage:

BRIEF-ITC Holdings announces offering of senior notes due 2022 and senior notes due 2027

* ITC Holdings Corp announces offering of senior notes due 2022 and senior notes due 2027

BRIEF-Fortis to sell properties for 7.35 bln won

* Says it will sell land and building located in Seongnam, Gyeonggi Province, worth 7.35 billion won

BRIEF-Fortis Inc reports Q3 adjusted earnings per share of $0.61

* Fortis Inc - qtrly net earnings attributable to common equity shareholders of $0.66 per common share

BRIEF-Fortis issues 12th tranche convertible bonds worth 500 mln won

* Says it completed issuance of 12th tranche unregistered and unsecured private convertible bonds worth 500 million won

BRIEF-Fortis provides new five-year outlook and announces 6.25 pct quarterly dividend increase

* Fortis Inc. provides new five-year outlook and announces 6.25% quarterly dividend increase

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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