3 High Dividend Dow Jones Stocks
Thanks to surging stock prices over the past two years,…
Sell
37
FTS.TO Quote, Financials, Valuation and Earnings
Last price:
$60.11
Seasonality move
:
0.54%
Day range:
$59.11 - $60.04
52-week range:
$51.02 - $63.75
Dividend yield:
4.02%
P/E ratio:
18.37x
P/S ratio:
2.56x
P/B ratio:
1.42x
Volume:
777.7K
Avg. volume:
1.5M
1-year change:
6.67%
Market cap:
$29.6B
Revenue:
$11.5B
EPS (TTM):
$3.23
Analysts' Opinion
-
Consensus RatingFortis has received a consensus rating of Hold. The company's average rating is a Hold based on 3 Buy ratings, 7 Hold ratings, and 1 Sell rating.
-
Price Target UpsideAccording to analysts' consensus price target of $55.99, Fortis has an estimated upside of 2.24% from its current price of $59.35.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $38.00 representing 100% downside risk from its current price of $59.35.
Fair Value
-
According to the consensus of 11 analysts, Fortis has 2.24% upside to fair value with a price target of $55.99 per share.
FTS.TO vs. S&P 500
-
Over the past 5 trading days, Fortis has underperformed the S&P 500 by -3.2% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
Fortis does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Fortis has grown year-over-year revenues for 2 quarters straight. In the most recent quarter Fortis reported revenues of $2.8B.
Earnings Growth
-
Fortis has grown year-over-year earnings for 10 quarters straight. In the most recent quarter Fortis reported earnings per share of $0.85.
Enterprise value:
63.9B
EV / Invested capital:
--
Price / LTM sales:
2.56x
EV / EBIT:
17.97x
EV / Revenue:
5.59x
PEG ratio (5yr expected):
4.06x
EV / Free cash flow:
-57.64x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
11.75x
Gross Profit (TTM):
$8.1B
Return On Assets:
2.46%
Net Income Margin (TTM):
14.53%
Return On Equity:
6.93%
Return On Invested Capital:
3.04%
Operating Margin:
29.38%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $10.5B | $11.8B | $11.4B | $2.7B | $2.8B | |
| Gross Profit | $6.9B | $7.7B | $8.1B | $1.9B | $2B | |
| Operating Income | $2.6B | $3.1B | $3.2B | $821M | $814M | |
| EBITDA | $4.4B | $5B | $5.4B | $1.3B | $1.4B | |
| Diluted EPS | $2.70 | $3.09 | $3.23 | $0.81 | $0.85 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $2.8B | $2.9B | $3.8B | $4.5B | $4.2B | |
| Total Assets | $56.4B | $57.1B | $64.1B | $66.3B | $69.6B | |
| Current Liabilities | $3.8B | $3.8B | $6.1B | $6.4B | $5.7B | |
| Total Liabilities | $35.7B | $36.4B | $41.1B | $42.7B | $45.2B | |
| Total Equity | $20.8B | $20.8B | $23B | $23.5B | $24.4B | |
| Total Debt | $24.8B | $25.3B | $28.7B | $30B | $31.7B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $2.9B | $3.7B | $3.7B | $940M | $1.3B | |
| Cash From Investing | -$3.9B | -$4.1B | -$4.3B | -$1B | -$1.3B | |
| Cash From Financing | $1.1B | $850M | $805M | $150M | $316M | |
| Free Cash Flow | -$803M | -$365M | -$1.1B | -$43M | $38M | |
FTS.TO
Sector
Market Cap
$29.6B
$3.7B
Price % of 52-Week High
93.1%
84.87%
Dividend Yield
4.02%
3.51%
Shareholder Yield
2.06%
1.78%
1-Year Price Total Return
6.67%
-1.43%
Beta (5-Year)
0.308
0.566
Dividend yield:
4.02%
Annualized payout:
$2.29
Payout ratio:
48.41%
Growth streak:
17 years
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Technicals
8-day SMA
Sell
Level
$59.91
200-day SMA
Buy
Level
$57.63
Bollinger Bands (100)
Sell
Level
59.66 - 62.02
Chaikin Money Flow
Buy
Level
135.9M
20-day SMA
Sell
Level
$60.46
Relative Strength Index (RSI14)
Sell
Level
37.08
ADX Line
Sell
Level
10.43
Williams %R
Neutral
Level
-57.7273
50-day SMA
Sell
Level
$61.20
MACD (12, 26)
Sell
Level
-0.55
25-day Aroon Oscillator
Sell
Level
-48
On Balance Volume
Neutral
Level
61.9M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (0.7953)
Sell
CA Score
(Annual)
Level (-0.9579)
--
Beneish M-Score
(Annual)
Level (--)
Buy
Momentum Score
Level (7)
Buy
Ohlson Score
Level (-0.2784)
Buy
Piotroski F Score
(Annual)
Level (7)
Buy
Quality Ratio Score
Level (4)
Buy
Fundamental Score
Level (8)
Revenue Forecast
Earnings per Share Forecast
Company Profile
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.
Stock Forecast FAQ
In the current month, FTS.TO has received 3 Buy ratings 7 Hold ratings, and 1 Sell ratings. The FTS.TO average analyst price target in the past 3 months is $55.99.
-
Where Will Fortis Stock Be In 1 Year?
According to analysts, the consensus estimate is that Fortis share price will rise to $55.99 per share over the next 12 months.
-
What Do Analysts Say About Fortis?
Analysts are divided on their view about Fortis share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Fortis is a Sell and believe this share price will drop from its current level to $38.00.
-
What Is Fortis's Price Target?
The price target for Fortis over the next 1-year time period is forecast to be $55.99 according to 11 Wall Street analysts, 3 of them rate the stock a Buy, 1 rates the stock a Sell, and 7 analysts rate the stock a Hold.
-
Is FTS.TO A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Fortis is a Hold. 7 of 11 analysts rate the stock a Hold at this time.
-
How Can I Buy Shares Of FTS.TO?
You can purchase shares of Fortis via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Fortis shares.
-
What Is The Fortis Share Price Today?
Fortis was last trading at $60.11 per share. This represents the most recent stock quote for Fortis. Yesterday, Fortis closed at $59.35 per share.
-
How To Buy Fortis Stock Online?
In order to purchase Fortis stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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