FTS:NYE-Fortis Inc. (USD)

EQUITY | Utilities - Regulated Electric | New York Stock Exchange

Last Closing

USD 40.91

Change

+0.07 (+0.17)%

Market Cap

USD 12.05B

Volume

0.66M

Analyst Target

USD 44.98
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Fortis Inc is an electric and gas utility holding company. The Company's regulated utilities serves customers across Canada and in the United States and the Caribbean.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-21 )

Largest Industry Peers for Utilities - Regulated Electric

Symbol Name Price(Change) Market Cap
NEE Nextera Energy Inc

-0.12 (-0.16%)

USD 158.14B
NEE-PR Nextera Energy Inc

-0.16 (-0.36%)

USD 103.76B
SO Southern Company

-0.04 (-0.05%)

USD 85.83B
DUK Duke Energy Corporation

+1.10 (+1.09%)

USD 79.93B
DUK-PA Duke Energy Corporation

+0.02 (+0.08%)

USD 61.98B
NGG National Grid PLC ADR

+0.40 (+0.71%)

USD 55.63B
PCG PG&E Corp

-0.12 (-0.65%)

USD 47.64B
D Dominion Energy Inc

-0.26 (-0.51%)

USD 43.19B
PEG Public Service Enterprise Grou..

-0.57 (-0.78%)

USD 36.69B
ED Consolidated Edison Inc

+0.26 (+0.29%)

USD 31.73B

ETFs Containing FTS

HUTS:CA Hamilton Enhanced Utiliti.. 10.56 % 0.00 %

-0.13 (0%)

CAD 0.09B
UTIL:CA Global X Canadian Utility.. 8.49 % 0.00 %

-0.17 (0%)

CAD 0.01B
UMAX:CA Hamilton Utilities Yield .. 8.06 % 0.00 %

-0.06 (0%)

CAD 0.29B
FCCD:CA Fidelity Canadian High Di.. 3.75 % 0.00 %

-0.12 (0%)

CAD 0.17B
HLIF:CA Harvest Canadian Equity I.. 3.37 % 0.00 %

-0.07 (0%)

CAD 0.11B
PID Invesco International Div.. 3.27 % 0.54 %

-0.12 (0%)

USD 0.88B
DCP:CA Desjardins Canadian Prefe.. 1.52 % 0.53 %

-0.20 (0%)

CAD 0.03B
SMIN 0.80 % 0.00 %

N/A

N/A
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

-0.04 (0%)

CAD 1.05B
IPFF 0.00 % 0.55 %

N/A

N/A
IPU 0.00 % 0.40 %

N/A

N/A
PPS:CA 0.00 % 1.77 %

N/A

N/A
PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

-0.02 (0%)

CAD 0.08B
FCCL:CA 0.00 % 0.00 %

N/A

N/A
RWC:CA 0.00 % 0.68 %

N/A

N/A
TLV:CA Invesco S&P/TSX Composite.. 0.00 % 0.34 %

-0.43 (0%)

CAD 0.08B
ZLB:CA BMO Low Volatility Canadi.. 0.00 % 0.39 %

-0.21 (0%)

CAD 3.51B
ZWU:CA BMO Covered Call Utilitie.. 0.00 % 0.71 %

-0.04 (0%)

CAD 1.82B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

-0.14 (0%)

CAD 1.25B
FCMI:CA Fidelity Canadian Monthly.. 0.00 % 0.00 %

N/A

CAD 7.48M
TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.00 %

-0.30 (0%)

CAD 0.03B
ISIF:CA IA Clarington Strategic I.. 0.00 % 0.00 %

N/A

CAD 1.80B
CDIV:CA Manulife Smart Dividend E.. 0.00 % 0.00 %

-0.09 (0%)

CAD 0.50B

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated Electric) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.53% 28% F 32% F
Dividend Return 2.11% 72% C 72% C
Total Return 1.58% 28% F 34% F
Trailing 12 Months  
Capital Gain -4.86% 28% F 18% F
Dividend Return 4.01% 58% F 58% F
Total Return -0.85% 31% F 19% F
Trailing 5 Years  
Capital Gain 8.80% 63% D 47% F
Dividend Return 21.15% 73% C 74% C
Total Return 29.95% 66% D+ 49% F
Average Annual (5 Year Horizon)  
Capital Gain 0.72% 62% D 42% F
Dividend Return 4.36% 62% D 47% F
Total Return 3.64% 50% F 68% D+
Risk Return Profile  
Volatility (Standard Deviation) 11.23% 81% B- 78% C+
Risk Adjusted Return 38.80% 68% D+ 60% D-
Market Capitalization 12.05B 51% F 90% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Regulated Electric) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.50 53% 48%
Price/Book Ratio 1.28 84% 60%
Price / Cash Flow Ratio 5.72 76% 57%
Price/Free Cash Flow Ratio 8.03 84% 51%
Management Effectiveness  
Return on Equity 7.38% 26% 47%
Return on Invested Capital 5.40% 49% 46%
Return on Assets 3.02% 71% 56%
Debt to Equity Ratio 126.64% 65% 28%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.