Fortis Inc Stock Today
| FTS Stock | CAD 63.64 0.75 1.19% |
PerformanceInsignificant
| Odds Of DistressBelow Average
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Fortis is selling at 63.64 as of the 16th of February 2025; that is 1.19 percent increase since the beginning of the trading day. The stock's open price was 62.89. Fortis has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain Utilities |
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. The company has 499.3 M outstanding shares of which 6.35 M shares are currently shorted by private and institutional investors with about 4.0 days to cover all short positions. More on Fortis Inc
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Fortis Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fortis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fortis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Fortis' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortis' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO Caicos | Eddinton JP | ||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | ||||
| Excise Tax Activities | Coal | ||||
Fortis' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fortis' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsFortis can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortis' financial leverage. It provides some insight into what part of Fortis' total assets is financed by creditors.
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Fortis Inc (FTS) is traded on Toronto Exchange in Canada and employs 9,600 people. Fortis is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortis's market, we take the total number of its shares issued and multiply it by Fortis's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fortis Inc operates under Electric Utilities sector and is part of Utilities industry. The entity has 499.3 M outstanding shares of which 6.35 M shares are currently shorted by private and institutional investors with about 4.0 days to cover all short positions.
Fortis Inc has accumulated about 209 M in cash with 3.54 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71.
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Ownership AllocationFortis holds a total of 499.3 Million outstanding shares. Over half of Fortis' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Fortis. Please watch out for any change in the institutional holdings of Fortis Inc as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Fortis Inc Risk Profiles
Although Fortis' alpha and beta are two of the key measurements used to evaluate Fortis' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.691 | |||
| Semi Deviation | 0.7739 | |||
| Standard Deviation | 0.9051 | |||
| Variance | 0.8193 |
Fortis Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Fortis without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fortis Corporate Directors
| Julie Dobson | Independent Director | Profile | |
| Lawrence Borgard | Independent Director | Profile | |
| Joseph Welch | Non - Independent Director | Profile | |
| Jo Zurel | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.