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Fortis (FTS) Company Overview

Profile

Full Name:

Fortis Inc.

Sector:

Utilities

Industry:

Electric

Country:

Canada

IPO:

January 5, 2010

Indexes:

Not included

Description:

FTS (Fortis) is a company that provides financial services, including investment management, insurance, and banking solutions. They focus on helping individuals and businesses manage their finances effectively, offering tailored products to meet diverse needs and support long-term financial growth.

Key Details

Price

$43.34

Annual Revenue

$8.53 B(+0.49% YoY)

Annual EPS

$2.30(+7.45% YoY)

Beta

0.27

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Nov 5, 2024

Recent annual earnings:

Feb 9, 2024
Dividend

Next ex-dividend date:

Feb 18, 2025

Recent ex-dividend date:

Nov 18, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Aug 24, 23 Credit Suisse
Neutral
Aug 3, 23 Raymond James
Outperform
Mar 24, 23 RBC Capital
Sector Perform
Oct 19, 22 Raymond James
Outperform
Jul 27, 22 Edward Jones
Hold
Jan 7, 22 Scotiabank
Sector Perform
Oct 19, 21 Wolfe Research
Underperform
Jun 1, 21 BMO Capital
Market Perform
Jun 5, 20 UBS
Buy
Feb 14, 20 Wells Fargo
Overweight

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Fortis (FTS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Fortis (FTS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Fortis (FTS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
FTS
zacks.comFebruary 7, 2025

Fortis (FTS) lacks the necessary elements that could lead to a strong earnings report in its next announcement. Be ready for the main expectations.

Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
FTS
globenewswire.comFebruary 6, 2025

ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) is set to announce its financial results for 2024 on Friday, February 14, 2025. On that day, a teleconference and webcast will take place at 8:30 a.m. (Eastern). David Hutchens, the President and CEO, along with Jocelyn Perry, the Executive Vice President and CFO, will present the Corporation's annual financial results for 2024.

Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
FTS
zacks.comFebruary 6, 2025

Fortis (FTS) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

All It Takes Is $3,000 Invested in Each of These 3 Ultra-Reliable Dividend King Stocks to Help Generate Over $300 in Passive Income in 2025
All It Takes Is $3,000 Invested in Each of These 3 Ultra-Reliable Dividend King Stocks to Help Generate Over $300 in Passive Income in 2025
All It Takes Is $3,000 Invested in Each of These 3 Ultra-Reliable Dividend King Stocks to Help Generate Over $300 in Passive Income in 2025
FTS
Motley FoolFebruary 4, 2025

Coca-Cola (NYSE: KO), Kenvue (NYSE: KVUE), and Fortis (NYSE: FTS) are three Dividend Kings that offer yields of 3% or higher. If you invest $3,000 in each of these stocks, you could earn $327 in annual passive income based on their current dividends, and this income is likely to increase as the companies raise their payouts. According to Daniel Foelber, Coca-Cola's underperformance compared to the overall market makes it a more attractive long-term investment for those willing to wait.

3 Dividend Kings Set to Take off in 2025
3 Dividend Kings Set to Take off in 2025
3 Dividend Kings Set to Take off in 2025
FTS
247wallst.comFebruary 3, 2025

Dividend investors should think about several factors before investing in any specific stock for their portfolio. It's important to carefully evaluate these elements to make informed decisions.

Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
FTS
globenewswire.comJanuary 17, 2025

ST. JOHN'S, Newfoundland and Labrador, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) is set to announce its financial results for 2024 on Friday, February 14, 2025. On that day, a teleconference and webcast will take place at 8:30 a.m. (Eastern). David Hutchens, the President and CEO, along with Jocelyn Perry, the Executive Vice President and CFO, will present the annual financial results for the Corporation.

Fortis Inc. Announces Changes to Its Board of Directors
Fortis Inc. Announces Changes to Its Board of Directors
Fortis Inc. Announces Changes to Its Board of Directors
FTS
globenewswire.comDecember 23, 2024

ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This announcement serves as a "Designated News Release" that is included by reference in the prospectus supplement from December 9, 2024, related to Fortis' short form base shelf prospectus dated the same day.

Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners
Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners
Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners
FTS
globenewswire.comDecember 18, 2024

On December 18, 2024, in St. John's, Newfoundland and Labrador, Fortis Inc. (TSX/NYSE: FTS), a prominent player in the North American electric and gas utility sector, celebrated the building of the Wataynikaneyap Power transmission system. This event took place in Thunder Bay and included Fortis and its 24 First Nations partners.

Fortis Inc. to Renew At-The-Market Equity Program
Fortis Inc. to Renew At-The-Market Equity Program
Fortis Inc. to Renew At-The-Market Equity Program
FTS
globenewswire.comDecember 9, 2024

ST. JOHN'S, Newfoundland and Labrador, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has announced that it will continue its at-the-market equity program (the "ATM Program"). This program allows the Corporation to issue up to C$500,000,000 (or its equivalent in U.S. dollars) of common shares (the "Common Shares") to the public as needed. Any shares sold through the ATM Program will be traded on the Toronto Stock Exchange (the "TSX"), the New York Stock Exchange (the "NYSE"), or other markets at the current market price.

Behind The Billions: Fortis' Ambitious Vision For 2029
Behind The Billions: Fortis' Ambitious Vision For 2029
Behind The Billions: Fortis' Ambitious Vision For 2029
FTS
seekingalpha.comDecember 4, 2024

Fortis Inc. is a leading utility company in Canada that is investing CA$26 billion in clean energy and concentrating on regulated assets. Their recent financial results indicate an increase in revenue and net earnings, mainly due to expanding rates and new customer rates, especially in the U.S. Additionally, Fortis has a solid track record of raising dividends for 51 years in a row and aims for a 4-6% annual growth until 2029.

FAQ

  • What is the ticker symbol for Fortis?
  • Does Fortis pay dividends?
  • What sector is Fortis in?
  • What industry is Fortis in?
  • What country is Fortis based in?
  • When did Fortis go public?
  • Is Fortis in the S&P 500?
  • Is Fortis in the NASDAQ 100?
  • Is Fortis in the Dow Jones?
  • When was Fortis's last earnings report?
  • When does Fortis report earnings?

What is the ticker symbol for Fortis?

The ticker symbol for Fortis is NYSE:FTS

Does Fortis pay dividends?

Yes, Fortis pays dividends. The last payment was $0.44, with an ex-dividend date on November 18, 2024

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 based in?

Fortis is headquartered in Canada

When did Fortis go public?

Fortis's initial public offering (IPO) was on January 5, 2010

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's last earnings report?

Fortis's most recent earnings report was on Nov 5, 2024

When does Fortis report earnings?

The next expected earnings date for Fortis is Feb 14, 2025