Profile
Sector:
UtilitiesIndustry:
ElectricCountry:
CanadaIPO:
05 January 2010Website:
http://www.fortisinc.comNext earnings report:
31 July 2024Last dividends:
16 May 2024Next dividends:
N/APrice
pre-market | 33 min agoAnalysts recommendations
Institutional Ownership
FTS Latest News
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Fortis (FTS) and Southern Co. (SO). But which of these two companies is the best option for those looking for undervalued stocks?
Fortis (FTS) is a solid pick for your portfolio at the moment, given its long-term investment plan and earnings growth projections.
ST. JOHN'S, Newfoundland and Labrador, July 02, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2024 financial results on Wednesday, July 31, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results.
Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) (“Sparton” or the “Company”) is pleased to announce non-brokered private placements (the “Offering”) for gross proceeds of up to C$500,000. Up to 10,000,000 Flow-Through Shares (“FTS”) of the Company (each, a “FTS”) will be offered at a price of C$0.05 per FTS for proceeds of up to C$500,000.
Fortis has been delivering steady dividend growth for 5 decades. The stock has been on our watch list for a long time but has continuously eluded our buy points. We look at the recent results and update our thesis.
Fortis (FTS) reported quarterly earnings of $0.69 per share, surpassing the Zacks Consensus Estimate of $0.65 per share. This is an improvement from earnings of $0.67 per share in the same quarter last year.
Fortis (FTS) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.53 per share a year ago.
ST. JOHN'S, Newfoundland and Labrador, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2023 annual financial results.
Fortis (FTS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ST. JOHN'S, Newfoundland and Labrador, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2023 annual financial results.
- 1(current)
What type of business is Fortis?
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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 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 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 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 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company 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 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
What sector is Fortis in?
Fortis is in the Utilities sector
What industry is Fortis in?
Fortis is in the Electric industry
What country is Fortis from?
Fortis is headquartered in Canada
When did Fortis go public?
Fortis initial public offering (IPO) was on 05 January 2010
What is Fortis website?
https://www.fortisinc.com
Is Fortis in the S&P 500?
No, Fortis is not included in the S&P 500 index
Is Fortis in the NASDAQ 100?
No, Fortis is not included in the NASDAQ 100 index
Is Fortis in the Dow Jones?
No, Fortis is not included in the Dow Jones index
When was Fortis the previous earnings report?
No data
When does Fortis earnings report?
The next expected earnings date for Fortis is 31 July 2024