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Fortis Inc

FTS | US

57.36

USD

-0.23

-0.40%

FTS | US
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About Fortis Inc

Sector

Utilities

Industry

Utilities-Regulated Electric

Earnings date

30/06/2024

As of date

11/03/2026

Close

57.36

Open

57.47

High

57.89

Low

57.10

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 443000 retail customers in southeastern Arizona; and 102000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3328 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 1076000 residential commercial and industrial customers in British Columbia Canada. In addition it owns and operates the electricity distribution system that serves approximately 584000 customers in southern and central Alberta; owns 4 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 143 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally it provides integrated electric utility service to approximately 68000 customers in Ontario; approximately 274000 customers in Newfoundland and Labrador; approximately 33000 customers on Grand Cayman Cayman Islands; and approximately 17000 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 90200 circuit Kilometers (km) of distribution lines; and approximately 51200 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's Canada.

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FTS | US

Risk
15.0
Sharpe
1.90
Luna's Score
67/100
Recommendation
Buy

Luna says (FTS | US)

What's Working

Low 6-Month Volatility (<30%)

Largecap (10B - 200B USD)

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Low Market Beta (-0.4 to 0.8)

Value Stock (Price to Book < 3)

Strong Operating Margin (> 25%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Price Below SMA10D

High Debt to Equity (> 0.75)

High Debt to Asset (> 0.45)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

11.1%

1 month

15.0%

3 months

14.3%

6 months

12.8%

Returns

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Fundamental Ratios

PE

19.37

Fwd. PE

18.48

Price to book

1.45

Debt to equity

1.39

Debt to assets

0.46

Ent. to EBITDA

11.83

Ent. to rev.

5.56

PEG

2.93

Other Fundamentals

EBITDA

5.12B

MarketCap

28.45B

MarketCap(USD)

28.45B

Div. yield

4.06

Op. margin

28.32

Erngs. growth

10.60

Rev. growth

2.90

Ret. on equity

7.44

Short ratio

13.46

Short perc.

0.71

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

2.18

Range1M

4.51

Range3M

8.24

Volumes: Market Activity

Volume Averages

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Rel. volume

0.72

Price X volume

31.66M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
DTE Energy CompanyDTEUtilities-Regulated Electric146.5230.33B-0.84%19.27209.00%
Ameren CorporationAEEUtilities-Regulated Electric109.3529.18B-0.94%20.05154.00%
FirstEnergy CorpFEUtilities - Diversified50.6529.17B-0.02%27.99192.01%
Atmos Energy CorporationATOUtilities-Regulated Gas184.328.61B0.47%21.1664.65%
CenterPoint Energy IncCNPUtilities-Regulated Gas42.9527.99B-0.49%18.59190.06%
Edison InternationalEIXUtilities-Regulated Electric71.5327.62B0.63%34.31243.15%
Eversource EnergyESUtilities-Regulated Electric73.9426.43B0.45%n/a195.39%
American Water Works Company IncAWKUtilities - Regulated Water134.3426.18B1.13%28.97130.11%
CMS Energy CorporationCMSUtilities-Regulated Electric75.8422.66B-0.77%21.87197.03%
Entergy CorporationETRUtilities - Diversified103.8222.20B-0.90%16.16194.43%
  • 1

Diversifiers

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Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
PPL CorporationPPLBuilding Products & Equipment37.6427.77B-0.53%28.90114.80%
Hubbell IncorporatedHUBBElectronic Components477.9725.66B-0.02%33.7970.46%
nVent Electric plcNVTElectronic Components111.0918.46B1.80%22.0257.48%
Avery Dennison CorporationAVYBuilding Products & Equipment174.5614.06B0.15%27.93140.74%
Evolution Gaming Group AB (publ)EVVTYGambling62.412.95B-0.34%16.452.15%
DraftKingsDKNGGambling25.5712.42B1.71%n/a103.57%
Advanced Energy Industries IncAEISElectronic Components314.8411.86B1.11%44.7287.62%
Acuity Brands IncAYIElectronic Components265.888.18B-2.56%22.8820.86%
Vicor CorporationVICRElectronic Components178.838.06B1.72%195.431.39%
Sanmina CorporationSANMElectronic Components126.886.93B2.15%17.4717.76%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA11.8311.02Par
Ent. to Revenue5.564.49Expensive
PE Ratio19.3720.23Par
Price to Book1.451.67Par
Dividend Yield4.064.05Par
Std. Deviation (3M)14.2822.57Lower Risk
Debt to Equity1.391.67Par
Debt to Assets0.460.40Par
Market Cap28.45B27.78BPar
  • 1

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