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Fortis Inc
3 own
3 watching
Current Price
$42.93
$0.71
(1.68%)
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Market Capitalization
Market Capitalization
20,698.73M
52-Week High
52-Week High
50.42
52-Week Low
52-Week Low
34.76
Average Volume
Average Volume
0.62M
Dividend Yield
Dividend Yield
0.035445
P/E Ratio
P/E Ratio
22.1973
iconMarket Capitalization20,698.73M
icon52-Week High50.42
icon52-Week Low34.76
iconAverage Volume0.62M
iconDividend Yield0.035445
iconP/E Ratio22.1973
What does the Fortis Inc do?
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 429,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,143 megawatts (MW), including 59 MW of solar 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 1,041,000 residential, commercial and industrial and transportation customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 568,000 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 140 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 269,000 customers in Newfoundland and Labrador; approximately 31,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 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 91,000 circuit Kilometers (km) of distribution lines; and approximately 49,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
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News & Events about Fortis Inc.
Ticker Report
1month ago
Fortis Inc. (NYSE:FTS Get Rating) Research analysts at Raymond James dropped their FY2023 earnings estimates for shares of Fortis in a report issued on Wednesday, April 26th. Raymond James analyst D. Quezada now anticipates that the utilities provider will post earnings per share of...
Ticker Report
1month ago
Fortis Inc. (TSX:FTS Get Rating) Analysts at Raymond James issued their FY2024 EPS estimates for Fortis in a research note issued to investors on Wednesday, April 26th. Raymond James analyst D. Quezada anticipates that the company will earn $3.10 per share for the year. The consensus...
Preferred Stock Channel
1month ago
In trading on Monday, shares of Fortis Incs Cumulative Redeemable Five Year Fixed Rate Reset First Preference Shares, Series G (FTS. RG) were yielding above the 6% mark based on its quarterly dividend (annualized to 1.0982), with shares changing hands as low as 18.26 on the day...
CNW Group - News Releases
1month ago
FORTISALBERTA COMPLETES FINAL COMMISSIONING OF BATTERY BACKUP SYSTEM IN WATERTON NATIONAL PARK FORTISALBERTA COMPLETES FINAL COMMISSIONING OF BATTERY BACKUP SYSTEM IN WATERTON NATIONAL PARK Canada NewsWire WATERTON, AB, April 20, 2023 WATERTON, AB, April 20, 2023 /CNW/ - FortisAlberta Inc...
Globe Newswire
1month ago
Franklin Energy provides coordinated implementation of four energy efficiency programs across Arizona.Tucson, Arizona, April 12, 2023 (GLOBE NEWSWIRE) -- Franklin Energy, a leading provider of energy efficiency and grid optimization solutions, announced today that they will implement residential and...
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Current Price
$42.93
$0.71
(1.68%)
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