Calendar
event
Ex dividend date
16 May 2025
event_available
Last Dividend Payment
01 Jun 2025
About Fortis Inc
Ticker
info
FTS
Trading on
info
NYSE
ISIN
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CA3495531079
Industry
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Utilities - Regulated Electric
Sector
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Utilities
CEO
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David Gerard Hutchens
Headquarters
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Fortis Place, Saint John's, NF, Canada, A1E 0E4
Employees
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9,800
Website
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fortisinc.com
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 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,0,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 277,000 customers in Newfoundland and Labrador; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 18,000 customers on certain islands in Turks and Caicos. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in Saint John's, Canada.
Metrics
BasicAdvanced
Market cap
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$23.7B
P/E ratio
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19.51
EPS
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$2.42
Dividend Yield
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3.75%
Beta
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0.34
Forward P/E ratio
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18.83
EBIDTA
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$5.42B
Ex dividend date
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2025-05-16
Price & volume
Market cap
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$23.7B
Average daily volume
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0.5M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$2.41
Dividend yield
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3.75%
Forward dividend per share
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$1.79
Forward dividend yield
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3.75%
Payout ratio
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67.30%
Valuation
P/E ratio
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19.51
Forward P/E
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18.83
PEG ratio
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2.99
Trailing P/E
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19.51
Price to sales
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2.02
Price to book
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1.44
Earnings
EPS
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$2.42
EPS estimate (current quarter)
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$0.70
EPS estimate (next quarter)
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$0.50
EBITDA
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$5.42B
Revenues (TTM)
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$11.7B
Revenues per share (TTM)
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$23.59
Technicals
Beta
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0.34
52-week High
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$49.59
52-week Low
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$37.92
50-day moving average
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$47.76
200-day moving average
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$45.05
Short ratio
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15.46
Short %
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0.71%
Management effectiveness
ROE (TTM)
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7.47%
ROA (TTM)
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3.02%
Profit margin
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14.69%
Gross profit margin
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$5.34B
Operating margin
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29.12%
Growth
Quarterly earnings growth (YoY)
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7.20%
Quarterly revenue growth (YoY)
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7.10%
Share stats
Outstanding Shares
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502M
Float
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501M
Insiders %
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0.11%
Institutions %
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55.30%
Analyst Insights & forecasts
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7% Buy

64% Hold

29% Sell

Based on information from 17 analysts.

Average price target

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$45.10
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
info
Expected
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Surprise
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$0.67
$0.65
3.08%
Q2 • 24Beat
$0.61
$0.59
3.39%
Q3 • 24Beat
$0.58
$0.57
2.78%
Q4 • 24Beat
$0.73
$0.70
3.86%
Q1 • 25Beat
-
$0.51
-100.00%
Q2 • 25Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$2.95B
$415M
14.07%
Q4 • 24
$3.34B
$520M
15.58%
Q1 • 25
13.19%
25.30%
10.70%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$73.5B
$47.6B
64.82%
Q4 • 24
$74.7B
$48.5B
64.94%
Q1 • 25
1.68%
1.87%
0.19%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$962M
$-1.8B
$125M
$-731M
Q4 • 24
$1.21B
$-1.43B
$499M
$-330M
Q1 • 25
26.09%
-20.66%
299.20%
-54.86%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Fortis Inc share?
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Fortis Inc shares are currently traded for undefined per share.

How many shares does Fortis Inc have?
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Fortis Inc currently has 502M shares.

Does Fortis Inc pay dividends?
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Yes, Fortis Inc does pay dividends.

What is Fortis Inc 52 week high?
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Fortis Inc 52 week high is $49.59.

What is Fortis Inc 52 week low?
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Fortis Inc 52 week low is $37.92.

What is the 200-day moving average of Fortis Inc?
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Fortis Inc 200-day moving average is $45.05.

Who is Fortis Inc CEO?
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The CEO of Fortis Inc is David Gerard Hutchens.

How many employees Fortis Inc has?
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Fortis Inc has 9,800 employees.

What is the market cap of Fortis Inc?
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The market cap of Fortis Inc is $23.7B.

What is the P/E of Fortis Inc?
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The current P/E of Fortis Inc is 19.51.

What is the EPS of Fortis Inc?
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The EPS of Fortis Inc is $2.42.

What is the PEG Ratio of Fortis Inc?
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The PEG Ratio of Fortis Inc is 2.99.

What do analysts say about Fortis Inc?
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According to the analysts Fortis Inc is considered a hold.