ducovest

FTS-PF:CA:TSX-Fortis 1St Cum Red Srs F Prf (CAD)

PREFERRED STOCK | Utilities - Regulated Electric |

Last Closing

CAD 21.7

Change

-0.05 (-0.23)%

Market Cap

CAD 22.01B

Volume

502.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 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 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four 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 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It 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 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada. Address: Fortis Place, Saint John's, NF, Canada, A1E 0E4

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for Utilities - Regulated Electric

Symbol Name Price(Change) Market Cap
FTS-PI:CA Fortis Inc Pref I

-0.25 (-1.49%)

 CAD 30.58B
FTS:CA Fortis Inc

+0.43 (+0.71%)

 CAD 30.27B
FTS-PM:CA Fortis Inc Pref M

+0.12 (+0.60%)

 CAD 27.98B
FTS-PH:CA Fortis Inc Pref H

-0.01 (-0.07%)

 CAD 27.58B
FTS-PJ:CA Fortis Srs J Cum Red First Prf

-0.08 (-0.38%)

 CAD 22.38B
EMA-PC:CA Emera Srs C Cum Rr Prf

+0.20 (+0.90%)

 CAD 15.62B
EMA:CA Emera Inc.

+0.28 (+0.53%)

 CAD 15.36B
EMA-PF:CA Emera Inc Pref F

+0.02 (+0.10%)

 CAD 14.75B
EMA-PA:CA Emera Inc Pref A

N/A

 CAD 14.19B
EMA-PH:CA Emera Inc

+0.15 (+0.65%)

 CAD 12.48B

ETFs Containing FTS-PF:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated Electric) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.57% 62% D 50% F
Dividend Return 3.15% 62% D 69% C-
Total Return 14.72% 62% D 56% F
Trailing 12 Months  
Capital Gain 11.05% 15% F 37% F
Dividend Return 4.70% 54% F 72% C
Total Return 15.76% 8% B- 42% F
Trailing 5 Years  
Capital Gain -7.46% 33% F 26% F
Dividend Return 23.51% 86% B+ 83% B
Total Return 16.05% 44% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain -3.37% 38% F 17% F
Dividend Return 1.76% 38% F 37% F
Total Return 5.13% 85% B 92% A
Risk Return Profile  
Volatility (Standard Deviation) 10.40% 62% D 70% C-
Risk Adjusted Return 16.94% 38% F 40% F
Market Capitalization 22.01B 58% F 92% A

Annual Financials (CAD)

Quarterly Financials (CAD)

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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low Earnings Growth

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

Low Revenue Growth

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