Fortis Inc Stock Today

FTS Stock  USD 44.93  0.08  0.18%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Below Average

 
High
 
Low
Fortis is selling for under 44.93 as of the 16th of March 2025; that is 0.18 percent increase since the beginning of the trading day. The stock's lowest day price was 44.58. Fortis has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
Business Domain
Utilities
IPO Date
4th of January 2016
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. The company has 499.3 M outstanding shares of which 8.2 M shares are currently shorted by investors with about 10.23 days to cover. More on Fortis Inc

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Follow Valuation Options Odds of Bankruptcy
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Fortis Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO CaicosEddinton JP
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, Thomson Reuters Canada, SP TSX Composite, VN Index, VN100, VN All Shares, VN Mid Cap, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02770.0229
Fairly Up
Pretty Stable
Asset Turnover0.310.1566
Way Up
Slightly volatile
Gross Profit Margin0.480.7177
Way Down
Pretty Stable
Net Debt35.2 B33.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities6.3 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total43.7 B41.6 B
Sufficiently Up
Slightly volatile
Total Assets77.2 B73.5 B
Sufficiently Up
Slightly volatile
Total Current AssetsB3.8 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities4.1 B3.9 B
Sufficiently Up
Slightly volatile
Debt Levels
Fortis can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortis' financial leverage. It provides some insight into what part of Fortis' total assets is financed by creditors.
Liquidity
Fortis Inc has 33.7 B in debt with debt to equity (D/E) ratio of 1.27, which is OK given its current industry classification. Fortis Inc has a current ratio of 0.61, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Fortis to invest in growth at high rates of return.

Other Non Cash Items

(91.2 Million)
Fortis Inc (FTS) is traded on New York Stock Exchange in USA. It is located in Fortis Place, Saint John's, NF, Canada, A1E 0E4 and employs 9,848 people. Fortis is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 22.43 B. Fortis Inc runs under Electric Utilities sector within Utilities industry. The entity has 499.3 M outstanding shares of which 8.2 M shares are currently shorted by investors with about 10.23 days to cover. Fortis Inc has about 395 M in cash with 3.88 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.82.
Check Fortis Probability Of Bankruptcy
Ownership Allocation
Fortis holds a total of 499.3 Million outstanding shares. Over half of Fortis' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Fortis Ownership Details

Fortis Stock Institutional Holders

InstituionRecorded OnShares
Bank Of Nova Scotia2024-12-31
6.5 M
Legal & General Group Plc2024-12-31
5.9 M
The Toronto-dominion Bank2024-12-31
5.2 M
Manufacturers Life Insurance Co2024-12-31
4.4 M
Norges Bank2024-12-31
4.4 M
Td Waterhouse Canada Inc2024-12-31
4.3 M
Geode Capital Management, Llc2024-12-31
4.3 M
Cibc Global Asset Management Inc2024-12-31
3.7 M
Public Sector Pension Investment Board2024-12-31
3.4 M
Royal Bank Of Canada2024-12-31
28.7 M
Bank Of Montreal2024-12-31
24.4 M
View Fortis Diagnostics

Fortis Historical Income Statement

At this time, Fortis' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 2.3 B in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (1.1 B). View More Fundamentals

Fortis Stock Against Markets

Fortis Corporate Directors

Julie DobsonIndependent DirectorProfile
Lawrence BorgardIndependent DirectorProfile
Joseph WelchNon - Independent DirectorProfile
Jo ZurelIndependent DirectorProfile

Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.