Fortis Inc Stock Analysis

Fortis Stock Analysis Notes

About 58.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.5. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fortis Inc has Price/Earnings To Growth (PEG) ratio of 2.93. The entity last dividend was issued on the 18th of November 2024. The firm had 4:1 split on the 13th of October 2005. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. Fortis operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 9100 people. To learn more about Fortis Inc call Barry Perry at 709 737 2800 or check out https://www.fortisinc.com.

Fortis Inc Investment Alerts

Fortis Inc Upcoming and Recent Events

Fortis Largest EPS Surprises

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Fortis Environmental, Social, and Governance (ESG) Scores

Fortis Thematic Classifications

Fortis Stock Institutional Investors

Note, although Fortis' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Fortis Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 22.29 B.

Fortis Profitablity

The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.3 %, which entails that for every 100 dollars of revenue, it generated $0.3 of operating income.

Management Efficiency

Fortis Inc has Return on Asset of 0.0301 % which means that on every $100 spent on assets, it made $0.0301 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0754 %, implying that it generated $0.0754 on every 100 dollars invested. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, Fortis' Debt To Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.03 in 2024, whereas Intangibles To Total Assets are likely to drop 0.11 in 2024.

Technical Drivers

As of the 28th of November, Fortis shows the Mean Deviation of 0.6942, coefficient of variation of 2105.64, and Downside Deviation of 0.8743. Fortis Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortis Inc variance and potential upside to decide if Fortis Inc is priced favorably, providing market reflects its regular price of 44.58 per share. Given that Fortis has jensen alpha of 0.0024, we urge you to verify Fortis Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Fortis Inc Price Movement Analysis

Fortis Outstanding Bonds

Fortis Predictive Daily Indicators

Fortis Corporate Filings

Fortis Forecast Models

Fortis' time-series forecasting models are one of many Fortis' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fortis' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Fortis prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fortis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Fortis. By using and applying Fortis Stock analysis, traders can create a robust methodology for identifying Fortis entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Fortis analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Fortis analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Fortis Inc stock analysis indicators help investors evaluate how Fortis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Fortis shares will generate the highest return on investment. By understating and applying Fortis stock analysis, traders can identify Fortis position entry and exit signals to maximize returns.

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.