Financhill
Buy
63

FTS Quote, Financials, Valuation and Earnings

Last price:
$48.18
Seasonality move :
2.77%
Day range:
$47.78 - $48.38
52-week range:
$37.47 - $48.38
Dividend yield:
3.61%
P/E ratio:
20.37x
P/S ratio:
2.84x
P/B ratio:
1.56x
Volume:
529K
Avg. volume:
634.6K
1-year change:
28%
Market cap:
$24.2B
Revenue:
$8.4B
EPS (TTM):
$2.36

Analysts' Opinion

  • Consensus Rating
    Fortis has received a consensus rating of Hold. The company's average rating is a Hold based on 1 Buy rating, 11 Hold ratings, and 2 Sell ratings.
  • Price Target Downside
    According to analysts' consensus price target of $43.60, Fortis has an estimated downside of -9.52% from its current price of $48.18.
  • Price Target Upside
    According to analysts, the highest upside price target is $44.00 representing -100% upside increase from its current price of $48.18.

Fair Value

  • According to the consensus of 14 analysts, Fortis has -9.52% downside to fair value with a price target of $43.60 per share.

FTS vs. S&P 500

  • Over the past 5 trading days, Fortis has overperformed the S&P 500 by 8.1% suggesting its relative strength compared to the major market average is strong 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 revenues have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Fortis reported revenues of $2.1B.

Earnings Growth

  • Fortis earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Fortis reported earnings per share of $0.56.
Enterprise value:
49.8B
EV / Invested capital:
--
Price / LTM sales:
2.84x
EV / EBIT:
19.06x
EV / Revenue:
5.93x
PEG ratio (5yr expected):
6.73x
EV / Free cash flow:
-51.08x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
12.40x
Gross Profit (TTM):
$6B
Return On Assets:
2.43%
Net Income Margin (TTM):
14.61%
Return On Equity:
6.85%
Return On Invested Capital:
3.01%
Operating Margin:
29.3%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $8.5B $8.5B $8.4B $2.1B $2.1B
Gross Profit $5.4B $5.7B $6B $1.5B $1.5B
Operating Income $2.1B $2.3B $2.4B $572.2M $615.5M
EBITDA $3.5B $3.8B $4B $987.3M $1B
Diluted EPS $2.13 $2.30 $2.36 $0.57 $0.56
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $2B $2.1B $3.1B $3B $2.6B
Total Assets $43.5B $45.2B $47.3B $49.7B $51.2B
Current Liabilities $3.3B $3.8B $4.9B $4.5B $4.2B
Total Liabilities $27.6B $28.8B $30.5B $32.1B $33.2B
Total Equity $15.9B $16.4B $16.8B $17.6B $18B
Total Debt $19.2B $20.1B $21.1B $22.4B $23.2B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $2.4B $2.6B $2.8B $539.8M $692.2M
Cash From Investing -$3.1B -$2.8B -$3.9B -$540.4M -$1.3B
Cash From Financing $795.5M $454M $776.2M -$102.6M $88.1M
Free Cash Flow -$608M -$462.1M -$974.6M -$372.7M -$531.3M
FTS
Sector
Market Cap
$24.2B
$3.8B
Price % of 52-Week High
99.6%
85.98%
Dividend Yield
3.61%
3.04%
Shareholder Yield
2.94%
0.94%
1-Year Price Total Return
28%
2.82%
Beta (5-Year)
0.448
0.471
Dividend yield:
3.61%
Annualized payout:
$1.74
Payout ratio:
48.67%
Growth streak:
9 years

Technicals

8-day SMA
Buy
Level $46.42
200-day SMA
Buy
Level $43.45
Bollinger Bands (100)
Buy
Level 42.11 - 45.45
Chaikin Money Flow
Buy
Level 25.9M
20-day SMA
Buy
Level $45.84
Relative Strength Index (RSI14)
Buy
Level 68.42
ADX Line
Buy
Level 21.54
Williams %R
Sell
Level -3.8273
50-day SMA
Buy
Level $44.85
MACD (12, 26)
Buy
Level 0.76
25-day Aroon Oscillator
Buy
Level 24
On Balance Volume
Neutral
Level 46.7M

Financial Scores

Sell
Altman Z-Score (Annual)
Level (0.7775)
Sell
CA Score (Annual)
Level (-0.9701)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (8)
Buy
Ohlson Score
Level (-0.1294)
Buy
Piotroski F Score (Annual)
Level (6)
Buy
Quality Ratio Score
Level (2)
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 has received 1 Buy ratings 11 Hold ratings, and 2 Sell ratings. The FTS average analyst price target in the past 3 months is $43.60.

  • Where Will Fortis Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Fortis share price will drop to $43.60 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 Sell. However, a smaller subset of analysts suggest that Fortis is a Buy and believe this share price will rise from its current level to $44.00.

  • What Is Fortis's Price Target?

    The price target for Fortis over the next 1-year time period is forecast to be $43.60 according to 14 Wall Street analysts, 1 of them rates the stock a Buy, 2 rate the stock a Sell, and 11 analysts rate the stock a Hold.

  • Is FTS A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Fortis is a Hold. 11 of 14 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of FTS?

    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 $48.18 per share. This represents the most recent stock quote for Fortis. Yesterday, Fortis closed at $48.18 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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