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NYSE: FTS
Fortis Inc Stock

$44.47-0.44 (-0.98%)
Updated Oct 4, 2024
FTS Price
$44.47
Fair Value Price
N/A
Market Cap
$21.82B
52 Week Low
$36.86
52 Week High
$46.06
P/E
19.38x
P/B
1.33x
P/S
2.29x
PEG
7.5x
Dividend Yield
4.6%
Revenue
$8.20B
Earnings
$1.19B
Gross Margin
44.4%
Operating Margin
17.7%
Profit Margin
13.7%
Debt to Equity
1.94
Operating Cash Flow
$2B
Beta
0.66
Next Earnings
Oct 25, 2024
Ex-Dividend
Nov 18, 2024
Next Dividend
Dec 1, 2024

FTS Overview

Fortis Inc. is a utility holding company serving 2.5M+ electricity and gas customers in Canada, the U.S, Central America, and the Caribbean. The company's regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. The company's non-regulated energy infrastructure holdings include Aitken Creek Gas Storage ULC in British Columbia and the Belize Electricity Company Limited in Belize. Fortis was formed in 1987 and is headquartered in St. John's, Newfoundland and Labrador, Canada.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FTS scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FTS ($44.47) is trading above its intrinsic value of $16.00, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
FTS is good value based on its earnings relative to its share price (19.38x), compared to the US market average (26.83x)
P/E vs Market Valuation
FTS is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more FTS due diligence checks available for Premium users.

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FTS News

Valuation

FTS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
19.38x
Industry
16.78x
Market
26.83x
FTS is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FTS is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FTS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.33x
Industry
1.9x
FTS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FTS price to earnings growth (PEG)

For valuing profitable companies with growth potential
FTS is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

FTS's financial health

Profit margin

Revenue
$1.9B
Net Income
$254.7M
Profit Margin
12.4%
FTS's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
FTS's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$50.2B
Liabilities
$32.2B
Debt to equity
1.94
FTS's short-term liabilities ($4.09B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FTS's long-term liabilities ($27.65B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FTS's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FTS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$594.2M
Investing
-$837.2M
Financing
$232.8M
FTS's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

FTS vs Regulated Electric Utility Stocks

TickerMarket Cap1d %P/EP/B
FTS$21.82B-0.98%19.38x1.33x
CMS$21.28B+0.11%21.85x2.66x
ES$23.37B-0.77%-233.50x1.58x
AEE$23.41B-0.32%19.81x2.03x
PPL$24.01B-0.61%28.55x1.71x

Fortis Stock FAQ

What is Fortis's quote symbol?

(NYSE: FTS) Fortis trades on the NYSE under the ticker symbol FTS. Fortis stock quotes can also be displayed as NYSE: FTS.

If you're new to stock investing, here's how to buy Fortis stock.

What is the 52 week high and low for Fortis (NYSE: FTS)?

(NYSE: FTS) Fortis's 52-week high was $46.06, and its 52-week low was $36.86. It is currently -3.45% from its 52-week high and 20.65% from its 52-week low.

How much is Fortis stock worth today?

(NYSE: FTS) Fortis currently has 490,588,502 outstanding shares. With Fortis stock trading at $44.47 per share, the total value of Fortis stock (market capitalization) is $21.82B.

Fortis stock was originally listed at a price of $31.66 in Oct 14, 2016. If you had invested in Fortis stock at $31.66, your return over the last 7 years would have been 40.46%, for an annualized return of 4.97% (not including any dividends or dividend reinvestments).

How much is Fortis's stock price per share?

(NYSE: FTS) Fortis stock price per share is $44.47 today (as of Oct 4, 2024).

What is Fortis's Market Cap?

(NYSE: FTS) Fortis's market cap is $21.82B, as of Oct 7, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Fortis's market cap is calculated by multiplying FTS's current stock price of $44.47 by FTS's total outstanding shares of 490,588,502.
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