Fortis Inc. (T:FTS)
Business Focus: Electric Utilities (NEC)
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for FTS within the last 6 months
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Company News
May 02, 2024 14:59 ET
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Say on Pay, and Omnibus Equity Plan
Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing...
May 01, 2024 06:00 ET
Fortis Inc. Releases First Quarter 2024 Results
Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results.1 Highlights First quarter net earnings of...
Valuation Ratios
Industry
Sector
Beta
0.19
--
--
Price to Sales - TTM
2.38
5.28
2.92
Price to Book - most recent quarter
1.31
1.27
1.54
Price to Cash Flow per share - TTM
7.75
6.61
5.78
Price to Free Cash Flow per share - TTM
--
--
17.31
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 7,396,586 | 327,798 |
| Mar 31, 2024 | 7,068,788 | -1,491,811 |
| Mar 15, 2024 | 8,560,599 | -546,736 |
Business Summary
| Sector: Utilities | Industry: Electric Utilities |
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Company's non-regulated businesses include energy infrastructure and corporate and other.
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