ducovest

FTS-PH:CA:TSX-Fortis Inc Pref H (CAD)

PREFERRED STOCK | Utilities - Regulated Electric |

Last Closing

CAD 15.09

Change

-0.01 (-0.07)%

Market Cap

CAD 27.58B

Volume

3.30K

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-PJ:CA Fortis Srs J Cum Red First Prf

-0.08 (-0.38%)

 CAD 22.38B
FTS-PF:CA Fortis 1St Cum Red Srs F Prf

-0.05 (-0.23%)

 CAD 22.01B
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-PH: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 15.46% 85% B 65% D
Dividend Return 1.76% 8% B- 46% F
Total Return 17.21% 77% C+ 65% D
Trailing 12 Months  
Capital Gain 19.76% 85% B 56% F
Dividend Return 2.73% 8% B- 49% F
Total Return 22.49% 69% C- 56% F
Trailing 5 Years  
Capital Gain 19.19% 78% C+ 50% F
Dividend Return 16.96% 14% F 67% D+
Total Return 36.16% 89% A- 55% F
Average Annual (5 Year Horizon)  
Capital Gain 9.32% 92% A 69% C-
Dividend Return 12.79% 85% B 73% C
Total Return 3.47% 31% F 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 28.04% 15% F 32% F
Risk Adjusted Return 45.60% 77% C+ 63% D
Market Capitalization 27.58B 75% C 94% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning 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 dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

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

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Below median total returns

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

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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