stoxline Quote Chart Rank Option Currency Glossary
Fortis Inc. (FTS)
40.86  -0.08 (-0.2%)    12-07 16:00
Open: 40.94
High: 41.17
Volume: 522,694
Pre. Close: 40.94
Low: 40.83
Market Cap: 19,960(M)
Technical analysis
2023-12-07 4:20:48 PM
Short term     
Mid term     
Targets 6-month :  49.25 1-year :  57.52
Resists First :  42.16 Second :  49.25
Pivot price 40.75
Supports First :  40.46 Second :  39.4
MAs MA(5) :  40.71 MA(20) :  40.76
MA(100) :  40.31 MA(250) :  41.38
MACD MACD :  0 Signal :  0.1
%K %D K(14,3) :  64.3 D(3) :  59.5
RSI RSI(14): 53.3
52-week High :  46.27 Low :  36.29
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ FTS ] has closed below upper band by 43.0%. Bollinger Bands are 55.8% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 11 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 41.23 - 41.44 41.44 - 41.61
Low: 40.34 - 40.57 40.57 - 40.75
Close: 40.53 - 40.88 40.88 - 41.16
Company Description

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Headline News

Thu, 07 Dec 2023
Fortis Inc. stock falls Thursday, underperforms market - MarketWatch

Thu, 07 Dec 2023
Fortis declares CAD 0.59 dividend - Seeking Alpha

Wed, 06 Dec 2023
Fortis Inc. Announces First Quarter Dividends – 2024 - Financial Post

Wed, 06 Dec 2023
Fortis Inc. stock rises Wednesday, outperforms market - MarketWatch

Tue, 05 Dec 2023
Fortis Inc. stock outperforms market despite losses on the day - MarketWatch

Mon, 27 Nov 2023
Fortis Inc. stock falls Monday, underperforms market - MarketWatch

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Stock Basics & Statistics
Utilities—Regulated Electric
Shares Out 489 (M)
Shares Float 488 (M)
Held by Insiders 0 (%)
Held by Institutions 55.5 (%)
Shares Short 14,200 (K)
Shares Short P.Month 13,250 (K)
Stock Financials
EPS 2.27
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 41.08
Profit Margin 13.2 %
Operating Margin 30.7 %
Return on Assets (ttm) 3 %
Return on Equity (ttm) 7.2 %
Qtrly Rev. Growth 6.5 %
Gross Profit (p.s.) 9.02
Sales Per Share 24.15
EBITDA (p.s.) 9.96
Qtrly Earnings Growth 18.8 %
Operating Cash Flow 3,670 (M)
Levered Free Cash Flow -1,270 (M)
Stock Valuations
PE Ratio 17.91
PEG Ratio 5.7
Price to Book value 0.99
Price to Sales 1.69
Price to Cash Flow 5.43
Stock Dividends
Dividend 0.43
Forward Dividend 0
Dividend Yield 1%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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