FTS-PJ:CA:TSX-Fortis Srs J Cum Red First Prf (CAD)

PREFERRED STOCK | Utilities - Regulated Electric |

Last Closing

CAD 18.375

Change

+0.12 (+0.63)%

Market Cap

CAD 20.29B

Volume

135.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-18 )

Largest Industry Peers for Utilities - Regulated Electric

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

+0.32 (+1.90%)

CAD 31.09B
FTS-PH:CA Fortis Inc Pref H

N/A

CAD 27.71B
FTS-PM:CA Fortis Inc Pref M

+0.20 (+1.02%)

CAD 26.69B
FTS:CA Fortis Inc

+0.30 (+0.55%)

CAD 26.45B
H:CA Hydro One Ltd

+0.07 (+0.18%)

CAD 22.65B
FTS-PF:CA Fortis 1St Cum Red Srs F Prf

+0.03 (+0.16%)

CAD 19.33B
EMA-PC:CA Emera Srs C Cum Rr Prf

+0.18 (+0.85%)

CAD 14.88B
EMA-PF:CA Emera Inc Pref F

-0.03 (-0.16%)

CAD 14.34B
EMA-PA:CA Emera Inc Pref A

+0.06 (+0.40%)

CAD 13.90B
EMA:CA Emera Inc.

+0.05 (+0.11%)

CAD 13.29B

ETFs Containing FTS-PJ: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 -2.57% 38% F 21% F
Dividend Return 1.57% 62% D 71% C-
Total Return -1.00% 38% F 24% F
Trailing 12 Months  
Capital Gain -7.62% 23% F 23% F
Dividend Return 5.97% 69% C- 83% B
Total Return -1.65% 31% F 29% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -3.02% 46% F 24% F
Dividend Return 1.73% 46% F 44% F
Total Return 4.75% 92% A 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 11.82% 31% F 65% D
Risk Adjusted Return 14.62% 46% F 45% F
Market Capitalization 20.29B 62% D 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:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

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

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.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

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 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.

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 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.

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