43.36 USD
-0.21
0.48%
Updated Feb 7, 2:00 PM EST
1 day
-0.48%
5 days
4.46%
1 month
3.78%
3 months
-1.09%
6 months
1.57%
Year to date
4.78%
1 year
10.25%
5 years
0.35%
10 years
36.96%
 

About: Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.

Employees: 9,600

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

83% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 18

29% more call options, than puts

Call options by funds: $72.1M | Put options by funds: $55.9M

16% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 94

14% more capital invested

Capital invested by funds: $10.3B [Q2] → $11.7B (+$1.44B) [Q3]

4% more funds holding

Funds holding: 273 [Q2] → 284 (+11) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

1.42% less ownership

Funds ownership: 53.44% [Q2] → 52.02% (-1.42%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for FTS.

Financial journalist opinion

Based on 9 articles about FTS published over the past 30 days

Neutral
Zacks Investment Research
3 hours ago
Fortis (FTS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Fortis (FTS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Neutral
GlobeNewsWire
21 hours ago
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 2025. 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 2024 annual financial results.
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Positive
Zacks Investment Research
1 day ago
Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
Fortis (FTS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
Positive
24/7 Wall Street
2 days ago
3 Top Dividend Stocks to Buy in February
Dividend stocks are increasingly appealing for investors in 2025 due to their potential for steady income and resilience in volatile markets.
3 Top Dividend Stocks to Buy in February
Positive
The Motley Fool
3 days ago
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
Dividends can be a great way to generate income from stocks, no matter what the market is doing. But only if the companies paying the dividends are reliable.
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
Positive
24/7 Wall Street
4 days ago
3 Dividend Kings Set to Take off in 2025
Dividend investors looking for top portfolio holdings have a range of factors that ought to be considered before jumping into any individual position.
3 Dividend Kings Set to Take off in 2025
Neutral
Seeking Alpha
2 weeks ago
What Can The Dividend Kings Deliver In 2025?
The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by earnings growth and dividends, with the change in P/E ratio being a detractor. I breakdown the components of total return for each Dividend King by sector to gain insights into current valuation.
What Can The Dividend Kings Deliver In 2025?
Neutral
GlobeNewsWire
2 weeks ago
Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
ST. JOHN'S, Newfoundland and Labrador, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 2025. 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 2024 annual financial results.
Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Positive
Seeking Alpha
3 weeks ago
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors. Broker-estimated top-ten net-gains ranged 22.84%-62.53% topped-by SJW & SCL. By yield, MO topped all the Kings. Top-ten Yields from KVUE, SWK, UBSI, FTS, FRT, BKH, NWN, CDUAF, UVV, & MO, averaged 5.04%.
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
Neutral
GlobeNewsWire
1 month ago
Fortis Inc. Announces Changes to Its Board of Directors
ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.
Fortis Inc. Announces Changes to Its Board of Directors
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