Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.

Employees

9,600

Sector

Electric Utilities

Calendar

2024-10-24 - Q3 2024 Earnings Release (Projected)

More about the company

Quotes

Date	Price	Change	Volume
24-09-06	60.52 $	-1.00%	1,742,053
24-09-05	61.13 $	+1.02%	1,189,292
24-09-04	60.51 $	+0.20%	977,176
24-09-03	60.39 $	+1.84%	2,975,135

Delayed Quote Toronto S.E., September 06, 2024 at 04:15 pm EDT

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Income Statement and Estimates

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Ratings

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

60.52CAD

Average target price

58.55CAD

Spread / Average Target

-3.26%

Consensus

Profit revisions

Estimate revisions

Quarterly earnings, Rate of surprise

Company calendar

Market Closed - Toronto S.E. Other stock markets 04:15:06 2024-09-06 pm EDT			5-day change	1st Jan Change
60.52 ^CAD	-1.00%		+2.06%	+11.03%

Sep. 05	Fortis Inc. announced that it expects to receive CAD 500 million in funding	CI
Aug. 23	National Bank of Canada Makes Additions to Top Picks List for Pipelines, Utilities, Energy Infrastructure	MT

Capitalization	29.97B 22.09B	P/E ratio 2024 *	18.6x	P/E ratio 2025 *	18x
Enterprise value	61.5B 45.33B	EV / Sales 2024 *	5.07x	EV / Sales 2025 *	5.01x
Free-Float	95.65%	Yield 2024 *	3.94%	Yield 2025 *	4.12%

Fortis Inc. announced that it expects to receive CAD 500 million in funding	Sep. 04	CI
National Bank of Canada Makes Additions to Top Picks List for Pipelines, Utilities, Energy Infrastructure	Aug. 23	MT
Fortis Maintained at Market Perform at BMO Following Q2 Results; Price Target Raised to C$59.00	Aug. 01	MT
Fortis' Price Target Increased to $56.00 from $55.00 by National Bank of Canada	Aug. 01	MT
Fortis Posts Higher Q2 Adjusted Earnings, Maintains Sector Perform Rating at National Bank of Canada	Jul. 31	MT
Transcript : Fortis Inc., Q2 2024 Earnings Call, Jul 31, 2024	Jul. 31
Fortis Posts Higher Adjusted Net Earnings	Jul. 31	MT
Fortis' Q2 Adjusted Earnings, Revenue Increase	Jul. 31	MT
Fortis 2Q Profit Rises	Jul. 31	DJ
Fortis Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	Jul. 31	CI
Fortis Brief: Says "Executing our annual $4.8 billion capital plan, and remain confident in our $25 billion five-year capital plan"	Jul. 31	MT
Fortis Brief: Q2 Adjusted net earnings per common share of $0.67, up from $0.62 in the second quarter of 2023	Jul. 31	MT
Fortis Inc. Announces Third Quarter Dividend, Payable on September 1, 2024	Jul. 30	CI

Fortis Maintained at Market Perform at BMO Following Q2 Results; Price Target Raised to C$59.00	Aug. 01	MT
Wells Fargo Adjusts Fortis Price Target to CA$59 From CA$56, Maintains Equal Weight Rating	May. 08	MT
Fortis Kept at Market Perform at BMO Following Q1 Results; Price Target Raised to C$58.50	May. 02	MT
Fortis Maintained at Sector Perform at National Bank After Q4 Results; Price Target Kept at C$55.00	Feb. 09	MT
JPMorgan Downgrades Fortis to Underweight From Neutral, Trims Price Target CA$53 From CA$54	Dec. 12	MT

Fortis Inc. Stock

Equities

FTS

CA3495531079

Electric Utilities

Valuation: Fortis Inc.

Chart: Fortis Inc.

Latest news: Fortis Inc.

Last Transcript: Fortis Inc.

Analysts' recommendations: Fortis Inc.

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Quotes and Performance

Course Extremes

Managers and Directors: Fortis Inc.

ETFs: Fortis Inc.

Other Electric Utilities

Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Quarterly earnings, Rate of surprise

Fortis Inc. Announces Pricing of Senior Unsecured Notes	Sep. 05	GL
FortisBC gas customers in Kelowna can participate in new pilot program to help manage energy use	Aug. 29	AQ
VulcanX and FortisBC sign deal to support new hydrogen technology	Aug. 15	AQ
Fortis : August 2024 Marketing Presentation	Jul. 31	PU
Fortis sees earnings of $331 million in Q2, up from a year ago	Jul. 31	AQ

Fortis Inc. tiendra une conférence téléphonique le 28 juillet pour présenter ses résultats du deuxième trimestre de 2022	22-07-06
Fortis Inc. tiendra une conférence téléphonique le 28 juillet pour présenter ses résultats du deuxième trimestre de 2022	22-07-06
Fortis Inc. annonce la clôture d’un placement de billets non garantis de premier rang	22-06-03
Fortis Inc. annonce la clôture d’un placement de billets non garantis de premier rang	22-06-03
Fortis Inc. annonce le prix d’un placement en billets non garantis de premier rang	22-05-24

1 day	-1.00%
1 week	+2.06%
Current month	+2.06%
1 month	+2.37%
3 months	+9.90%
6 months	+11.95%
Current year	+11.03%

Director	Title	Age	Since
David Hutchens CEO	Chief Executive Officer	57	17-12-31
Jocelyn Perry DFI	Director of Finance/CFO	-	18-05-31
Kevin Woodbury CTO	Chief Tech/Sci/R&D Officer	-	22-06-30

Manager	Title	Age	Since
Tracey Ball BRD	Director/Board Member	66	14-05-13
Pierre Blouin BRD	Director/Board Member	66	15-05-06
Maura Clark BRD	Director/Board Member	65	15-05-06

Name	Weight	AuM	1st Jan change	Investor Rating
ISHARES ESG MSCI CANADA LEADERS INDEX ETF - CAD	1.98%	1 M€	-.--%	-
FRANKLIN LIBERTY RISK MANAGED CANADIAN EQUITY ETF - DISTRIBUTING - CAD	1.52%	3 M€	+1.80%	-
RBC VISION WOMEN'S LEADERSHIP MSCI CANADA INDEX ETF	1.11%	8 M€	-.--%	-

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
FORTIS INC.	-1.00%	+2.06%	+13.40%	+3.21%	22.11B
NEXTERA ENERGY	-0.44%	-0.66%	+19.68%	-7.47%	164B
SOUTHERN COMPANY	-1.23%	+2.33%	+30.15%	+31.35%	96.77B
IBERDROLA, S.A.	+0.08%	+2.61%	+21.13%	+26.73%	91.11B
DUKE ENERGY CORPORATION	-0.21%	+2.33%	+28.10%	+10.70%	90.04B
ENEL S.P.A.	+0.80%	+2.72%	+13.56%	-7.10%	79.52B
GE VERNOVA INC.	-0.06%	-1.33%	-	-	54.5B
AMERICAN ELECTRIC POWER COMPANY, INC.	-1.02%	+1.77%	+31.27%	+12.54%	54.3B
CONSTELLATION ENERGY CORPORATION	-1.68%	-11.99%	+59.34%	-	54.13B
DOMINION ENERGY, INC.	-0.40%	+2.16%	+21.20%	-26.63%	47.91B
Average	-0.52%	+0.20%	+26.43%	+5.41%	75.48B
Weighted average by Cap.	-0.44%	+0.40%	+25.57%	+6.37%

	2024 *	2025 *
Net sales	12.13B 8.94B	12.52B 9.23B
Net income	1.6B 1.18B	1.68B 1.24B
Net Debt	31.53B 23.24B	32.7B 24.11B