Susan Gray - Fortis Pref Ex Operations

FTS-PM Preferred Stock  CAD 20.64  0.06  0.29%   

Insider

Susan Gray is Ex Operations of Fortis Pref M
Age 51
Phone709 737 2800
Webhttps://www.fortisinc.com

Fortis Pref Management Efficiency

The company has return on total asset (ROA) of 0.0309 % which means that it generated a profit of $0.0309 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0744 %, meaning that it generated $0.0744 on every $100 dollars invested by stockholders. Fortis Pref's management efficiency ratios could be used to measure how well Fortis Pref manages its routine affairs as well as how well it operates its assets and liabilities.
Fortis Pref M has accumulated 2.42 B in total debt with debt to equity ratio (D/E) of 125.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Fortis Pref M has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Fortis Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Fortis Pref's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortis Pref M sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortis to invest in growth at high rates of return. When we think about Fortis Pref's use of debt, we should always consider it together with cash and equity.

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Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It also owns and operates transmission and distribution lines and natural gas pipelines. FORTIS INC operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 8800 people. Fortis Pref M (FTS-PM) is traded on Toronto Exchange in Canada and employs 9,600 people.

Management Performance

Fortis Pref M Leadership Team

Elected by the shareholders, the Fortis Pref's board of directors comprises two types of representatives: Fortis Pref inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortis. The board's role is to monitor Fortis Pref's management team and ensure that shareholders' interests are well served. Fortis Pref's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortis Pref's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Smith, Executive Innovation
Jocelyn Perry, Executive CFO
Stephanie Amaimo, Vice Relations
Keri Glitch, Chief VP
Ronald Hinsley, Chief VP
Regan ODea, VP Counsel
David Hutchens, CEO President
Kevin Woodbury, Vice Technology
James Reid, Executive Officer
Tanya Finlay, Vice Culture
Susan Gray, Ex Operations
Stuart Lochray, Senior Development
MEd BPR, Vice Relations

Fortis Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Fortis Pref a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Fortis Pref

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortis Pref position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortis Pref will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Fortis Pref could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortis Pref when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortis Pref - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortis Pref M to buy it.
The correlation of Fortis Pref is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortis Pref moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortis Pref M moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortis Pref can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Fortis Preferred Stock

Fortis Pref financial ratios help investors to determine whether Fortis Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortis with respect to the benefits of owning Fortis Pref security.