Fortis Inc Stock Analysis
FTS Stock | USD 48.06 0.78 1.65% |
Fortis Inc is overvalued with Real Value of 39.97 and Target Price of 45.6. The main objective of Fortis stock analysis is to determine its intrinsic value, which is an estimate of what Fortis Inc is worth, separate from its market price. There are two main types of Fortis' stock analysis: fundamental analysis and technical analysis.
The Fortis stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Fortis is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Fortis Stock trading window is adjusted to America/New York timezone.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Fortis Stock Analysis Notes
About 55.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fortis Inc has Price/Earnings To Growth (PEG) ratio of 2.99. The entity last dividend was issued on the 16th of May 2025. The firm had 4:1 split on the 13th of October 2005. 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. Fortis operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 9100 people. To learn more about Fortis Inc call Eddinton JP at 709-737-2800 or check out https://www.fortisinc.com.Fortis Quarterly Total Revenue |
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Fortis Inc Investment Alerts
Fortis Inc generated a negative expected return over the last 90 days | |
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. | |
About 55.0% of Fortis shares are owned by institutional investors | |
Latest headline from thelincolnianonline.com: Fortis Group Advisors LLC Lowers Stock Holdings in The Walt Disney Company |
Fortis Inc Upcoming and Recent Events
9th of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
9th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Fortis Largest EPS Surprises
Earnings surprises can significantly impact Fortis' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
1999-11-12 | 1999-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1996-03-06 | 1995-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2003-02-11 | 2002-12-31 | 0.18 | 0.2 | 0.02 | 11 |
Fortis Environmental, Social, and Governance (ESG) Scores
Fortis' ESG score is a quantitative measure that evaluates Fortis' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Fortis' operations that may have significant financial implications and affect Fortis' stock price as well as guide investors towards more socially responsible investments.
Fortis Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Bank Of Nova Scotia | 2025-03-31 | 6 M | Legal & General Group Plc | 2025-03-31 | 5.9 M | Connor Clark & Lunn Inv Mgmt Ltd | 2025-03-31 | 4.9 M | The Toronto-dominion Bank | 2025-03-31 | 4.8 M | Geode Capital Management, Llc | 2025-03-31 | 4.6 M | Td Waterhouse Canada Inc | 2025-03-31 | 4.5 M | Norges Bank | 2024-12-31 | 4.4 M | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 3.8 M | Cibc Global Asset Management Inc | 2025-03-31 | 3.8 M | Royal Bank Of Canada | 2025-03-31 | 27.9 M | Bank Of Montreal | 2025-03-31 | 23.2 M |
Fortis Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 23.72 B.Fortis Profitablity
The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.29 %, which entails that for every 100 dollars of revenue, it generated $0.29 of operating income.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.03 | |
Return On Capital Employed | 0.05 | 0.08 | |
Return On Assets | 0.02 | 0.03 | |
Return On Equity | 0.07 | 0.09 |
Management Efficiency
Fortis Inc has Return on Asset of 0.0302 % which means that on every $100 spent on assets, it made $0.0302 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0747 %, implying that it generated $0.0747 on every 100 dollars invested. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2025. Return On Capital Employed is likely to gain to 0.08 in 2025. At this time, Fortis' Return On Tangible Assets are comparatively stable compared to the past year. Debt To Assets is likely to gain to 0.53 in 2025, whereas Intangibles To Total Assets are likely to drop 0.11 in 2025.Last Reported | Projected for Next Year | ||
Book Value Per Share | 52.23 | 54.84 | |
Tangible Book Value Per Share | 22.38 | 23.50 | |
Enterprise Value Over EBITDA | 11.45 | 7.98 | |
Price Book Value Ratio | 1.24 | 1.43 | |
Enterprise Value Multiple | 11.45 | 7.98 | |
Price Fair Value | 1.24 | 1.43 | |
Enterprise Value | 5.2 B | 2.6 B |
Understanding the operational decisions made by Fortis management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Technical Drivers
As of the 21st of July, Fortis shows the Downside Deviation of 0.9637, mean deviation of 0.7104, and Coefficient Of Variation of 7122.04. Fortis Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortis Inc variance and potential upside to decide if Fortis Inc is priced favorably, providing market reflects its regular price of 48.06 per share. Given that Fortis has jensen alpha of 0.005, we urge you to verify Fortis Inc's prevailing market performance to make sure the company can sustain itself at a future point.Fortis Inc Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Fortis for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Fortis Inc short-term fluctuations and highlight longer-term trends or cycles.
Fortis Outstanding Bonds
Fortis issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fortis Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fortis bonds can be classified according to their maturity, which is the date when Fortis Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
Valero Energy Partners Corp BondUS91914JAA07 | View |
Fortis Predictive Daily Indicators
Fortis intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Fortis stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Fortis Corporate Filings
6K | 7th of July 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
16th of June 2025 Other Reports | ViewVerify | |
6K | 8th of May 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 7th of May 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 8th of April 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 31st of March 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 21st of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 14th of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Fortis Forecast Models
Fortis' time-series forecasting models are one of many Fortis' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fortis' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Fortis Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Fortis prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fortis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Fortis. By using and applying Fortis Stock analysis, traders can create a robust methodology for identifying Fortis entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.19 | 0.11 | |
Operating Profit Margin | 0.29 | 0.18 | |
Net Profit Margin | 0.15 | 0.08 | |
Gross Profit Margin | 0.72 | 0.48 |
Current Fortis Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Fortis analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Fortis analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
45.6 | Hold | 17 | Odds |
Most Fortis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Fortis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fortis Inc, talking to its executives and customers, or listening to Fortis conference calls.
Fortis Stock Analysis Indicators
Fortis Inc stock analysis indicators help investors evaluate how Fortis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Fortis shares will generate the highest return on investment. By understating and applying Fortis stock analysis, traders can identify Fortis position entry and exit signals to maximize returns.
Begin Period Cash Flow | 625 M | |
Long Term Debt | 31.2 B | |
Common Stock Shares Outstanding | 495.2 M | |
Total Stockholder Equity | 23.8 B | |
Total Cashflows From Investing Activities | -5.4 B | |
Tax Provision | 346 M | |
Quarterly Earnings Growth Y O Y | 0.072 | |
Property Plant And Equipment Net | 49.5 B | |
Cash And Short Term Investments | 220 M | |
Cash | 220 M | |
Accounts Payable | 1.1 B | |
Net Debt | 33.5 B | |
50 Day M A | 47.5774 | |
Total Current Liabilities | 6 B | |
Other Operating Expenses | 8.2 B | |
Non Current Assets Total | 69.7 B | |
Forward Price Earnings | 18.8679 | |
Non Currrent Assets Other | 4.9 B |
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.