Company Info
Industry | Electric Utilities |
---|---|
Sector | Utilities |
Employees | 9,095 |
CEO | Mr. David G. Hutchens |
Address | Fortis Place 5 Springdale Street, St. John's, NF A1B 3T2 |
---|---|
Phone | 1.709.737.2800 |
Website | www.fortisinc.com |
Fortis, Inc. is a holding company, which engages in energy generation and distribution. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment is composed of ITC, which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson, which provides regulated electric and gas T&D utility services; FortisBC Energy distributes natural gas in British Columbia; FortisAlberta, which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure, which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia, and Corporate & Other includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.
Statement Summary
as of 4:00 ET PM 05/23/2022Total Assets (MRQ) | 46.6 B |
---|---|
Total Liabilities (MRQ) | 29.8 B |
Shareholders’ Equity (MRQ) | 16.8 B |
Total Revenue (Annual) | 2.2 B |
Net Income (Annual) | 289.0 M |
Earnings And Estimates
as of 4:00 ET PM 05/23/2022
Current Qtr EPS Estimate | 0.47 |
---|---|
Current FY EPS Estimate | 2.19 |
Long Term EPS Growth Estimate | 4.88 |
Next Expected Earnings Date | 7/28/2022 |
FTS vs S&P 500
as of 05/23/2022Relative To S&P 500 |
FTS | |
---|---|---|
4 Weeks | n/a | n/a |
12 Weeks | n/a | n/a |
YTD | n/a | n/a |
Earnings Surprises
as of 4:00 ET PM 05/23/2022Fiscal Quarter | Estimate | Actual | Surprise |
---|---|---|---|
03/2022 | 0.62 | 0.61 | -1.19% |
12/2021 | 0.56 | 0.50 | -11.21% |
09/2021 | 0.52 | 0.52 | -0.55% |
06/2021 | 0.47 | 0.44 | -5.13% |
03/2021 | 0.60 | 0.63 | +4.25% |
12/2020 | 0.52 | 0.54 | +4.32% |
09/2020 | 0.50 | 0.49 | -1.91% |
06/2020 | 0.42 | 0.42 | -1.08% |
Financial Strength
as of 4:00 ET PM 05/23/2022Pre-Tax Margin | 16.23 |
---|---|
Net Margin | -11.65 |
Operating Margin | 23.84 |
Return On Equity | 6.75 |
Return On Assets | 2.26 |
Inventory Turnover (TTM) | 18.09 |
Sales Growth (MRQ) | 7.86 |
Ratios
as of 4:00 PM ET 05/23/2022Price/Earnings (TTM) | 24.26 |
---|---|
Price/Book (MRQ) | 1.69 |
Price/Cash Flow (TTM) | 10.13 |
Book Value (MRQ) | 29.79 |
Quick Ratio (MRQ) | 0.55 |
Current Ratio (MRQ) | 0.63 |
Total Debt/Equity (MRQ) | 1.36 |
Short Interest
as of 12:44 PM ET 05/24/2022% Short - 1.18% | |
% Remaining Float - 98.82% |
Current | Last Month | |
---|---|---|
Short Interest Date | 04/29/2022 | 04/14/2022 |
Short Interest Shares | 5,633,666 | 5,804,314 |
Short Interest Ratio | 10.3 | 12.0 |
M Y M Y
Total Assets 0,0.00 0,0.00
Total Liabilities 0,0.00 0,0.00
Total Equity 0,0.00 0,0.00
M Y M Y
Total Revenue 0,0.00 0,0.00
EBT Exc.
Unusual Items
0,0.00
0,0.00
Net Income 0,0.00 0,0.00
M Y M Y
Cash from
Operations
0,0.00
0,0.00
Cash from
Activities
0,0.00
0,0.00
Cash from
Fin. Activities
0,0.00
0,0.00
TOTAL ASSETS |
TOTAL LIABILITIES |
TOTAL EQUITY |
---|---|---|
Balance Sheet
M Y | ||||
---|---|---|---|---|
ASSETS | ||||
Cash And Equivalents | 0,0.00 | |||
Receivables | 0,0.00 | |||
Inventories | 0,0.00 | |||
Other Current Assets | 0,0.00 | |||
Total Current Assets | 0,0.00 | |||
Property, Plant & Equipment, Gross | 0,0.00 | |||
Accumulated Depreciation & Depletion | 0,0.00 | |||
Property, Plant & Equipment, Net | 0,0.00 | |||
Intangibles | 0,0.00 | |||
Other Non-Current Assets | 0,0.00 | |||
Total Non-Current Assets | 0,0.00 | |||
TOTAL ASSETS | 0,0.00 | |||
Liabilities & Shareholder Equity | ||||
Accounts Payable | 0,0.00 | |||
Short Term Debt | 0,0.00 | |||
Total Current Liabilities | 0,0.00 | |||
Long Term Debt | 0,0.00 | |||
Deferred Income Taxes | 0,0.00 | |||
Other Non-Current Liabilities | 0,0.00 | |||
Minority Interest | 0,0.00 | |||
Total Non-Current Liabilities | 0,0.00 | |||
Preferred Stock Equity | 0,0.00 | |||
Common Stock Equity | 0,0.00 | |||
Common Par | 0,0.00 | |||
Additional Paid In Capital | 0,0.00 | |||
Cumulative Translation Adjustment | 0,0.00 | |||
Retained Earnings | 0,0.00 | |||
Treasury Stock | 0,0.00 | |||
Other Equity Adjustments | 0,0.00 | |||
Total Capitalization | 0,0.00 | |||
TOTAL EQUITY | 0,0.00 | |||
TOTAL LIABILITIES & STOCK EQUITY | 0,0.00 | |||
Total Common Shares Outstanding | 0,0.00 | |||
Preferred Shares | 0,0.00 | |||
Treasury Shares | 0,0.00 | |||
Basic Weighted Shares Outstanding | 0,0.00 | |||
Diluted Weighted Shares Outstanding | 0,0.00 | |||
Number Of Employees | 0,0.00 | |||
Number Of Part-Time Employees | 0,0.00 |
TOTAL REVENUES |
EBT Excluding Unusual Items |
NET INCOME |
---|---|---|
Income Statement
M Y | |
---|---|
Sales | 0,0.00 |
Cost Of Sales | 0,0.00 |
Gross Operating Profit | 0,0.00 |
Selling, General, And Administrative Expenses | 0,0.00 |
Research & Development | 0,0.00 |
Operating Income Before D & A (EBITDA) | 0,0.00 |
Depreciation & Amortization | 0,0.00 |
Interest Income | 0,0.00 |
Other Income - Net | 0,0.00 |
Special Income / Charges | 0,0.00 |
Total Income Before Interest Expenses (EBIT) | 0,0.00 |
Interest Expense | 0,0.00 |
Pre-Tax Income | 0,0.00 |
Income Taxes | 0,0.00 |
Minority Interest | 0,0.00 |
Net Income From Continuing Operations | 0,0.00 |
Net Income From Discontinued Operations | 0,0.00 |
Net Income From Total Operations | 0,0.00 |
Extraordinary Income/Losses | 0,0.00 |
Income From Cum. Effect Of Acct. Change | 0,0.00 |
Income From Tax Loss Carryforward | 0,0.00 |
Other Gains / Losses | 0,0.00 |
Total Net Income | 0,0.00 |
Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
0,0.00 |
Preferred Dividends | 0,0.00 |
Net Income Available To Common | 0,0.00 |
Basic EPS From Continuing Ops. | 0,0.00 |
Basic EPS From Discontinued Ops. | 0,0.00 |
Basic EPS From Total Operations | 0,0.00 |
Basic EPS From Extraordinary Inc. | 0,0.00 |
Basic EPS From Cum Effect Of Accounting Change | 0,0.00 |
Basic EPS From Tax Loss Carryf'd. | 0,0.00 |
Basic EPS From Other Gains (Losses) | 0,0.00 |
Basic EPS, Total | 0,0.00 |
Basic Normalized Net Income/Share | 0,0.00 |
EPS From Continuing Ops. | 0,0.00 |
EPS From Discontinued Ops | 0,0.00 |
EPS From Total Ops. | 0,0.00 |
EPS From Extraord. Inc. | 0,0.00 |
EPS From Cum Effect of Accounting Change | 0,0.00 |
EPS From Tax Loss Carfd. | 0,0.00 |
EPS From Other Gains (L) | 0,0.00 |
EPS, Total | 0,0.00 |
Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
0,0.00 |
Dividends Paid Per Share | 0,0.00 |
CASH FROM OPERATIONS |
CASH FROM INVESTING ACTIVITIES |
CASH FROM FINANCING ACTIVITIES |
---|---|---|
Cash Flow Statement
M Y | ||||
---|---|---|---|---|
Cash Flow From Operating Activities | ||||
Net Income (Loss) | 0,0.00 | |||
Operating Gains/Losses | 0,0.00 | |||
Gross Operating Profit | 0,0.00 | |||
(Increase) Decrease In Receivables | 0,0.00 | |||
(Increase) Decrease In Inventories | 0,0.00 | |||
(Increase) Decrease In Other Current Assets | 0,0.00 | |||
(Decrease) Increase In Other Current Liabilities | 0,0.00 | |||
(Increase) Decrease In Other Working Capital | 0,0.00 | |||
Other Non-Cash Items | 0,0.00 | |||
Net Cash From Continuing Operations | 0,0.00 | |||
Net Cash From Discontinued Operations | 0,0.00 | |||
Cash Provided By Investing Activities | ||||
Net Cash From Total Operating Activities | 0,0.00 | |||
Sale Of Property, Plant & Equipment | 0,0.00 | |||
Cash Used For Investing Activities | ||||
Sale Of Short-Term Investments | 0,0.00 | |||
Purchases Of Property, Plant & Equipment | 0,0.00 | |||
Acquisitions | 0,0.00 | |||
Purchases Of Short-Term Investments | 0,0.00 | |||
Other Cash From Investing Activities | 0,0.00 | |||
Cash Provided by Financing Activities | ||||
Net Cash From Investing Activities | 0,0.00 | |||
Issuance Of Debt | 0,0.00 | |||
Cash Used For Financing Activities | ||||
Issuance Of Capital Stock | 0,0.00 | |||
Repayment Of Long-Term Debt | 0,0.00 | |||
Repurchase Of Capital Stock | 0,0.00 | |||
Payment Of Cash Dividends | 0,0.00 | |||
Other Financing Charges, Net | 0,0.00 | |||
Net Cash From Financing Activities | 0,0.00 | |||
Effect Of Exchange Rate Changes | 0,0.00 | |||
Net Change In Cash & Cash Equivalents | 0,0.00 |
Earnings Estimates
as of 4:00 ET PM 05/23/2022Current Qtr (06/2022) |
Next Qtr (09/2022) |
|
---|---|---|
Consensus Estimate | $0.47 | $0.54 |
# of Estimates | 11 | 11 |
High Estimate | $0.51 | $0.56 |
Low Estimate | $0.44 | $0.51 |
Year Ago EPS | $0.44 | $0.50 |
Year Over Year Growth Estimate | 7.96% | 8.08% |
Current Yr (12/2022) |
Next Yr (12/2023) |
|
---|---|---|
Consensus Estimate | $2.19 | $2.32 |
# of Estimates | 14 | 14 |
High Estimate | $2.25 | $2.44 |
Low Estimate | $2.12 | $2.24 |
Year Ago EPS | $2.04 | $2.19 |
Year Over Year Growth Estimate | 7.28% | 6.12% |
Current Qtr (06/2022) |
Next Qtr (09/2022) |
Current Year (12/2022) |
Next Year (12/2023) |
|
---|---|---|---|---|
Consensus Estimate | $0.47 | $0.54 | $2.19 | $2.32 |
# of Estimates | 11 | 11 | 14 | 14 |
High Estimate | $0.51 | $0.56 | $2.25 | $2.44 |
Low Estimate | $0.44 | $0.51 | $2.12 | $2.24 |
Year Ago EPS | $0.44 | $0.50 | $2.04 | $2.19 |
Year Over Year Growth Estimate | 7.96% | 8.08% | 7.28% | 6.12% |
Insider Information Summary
as of 04/30/2022% Insiders - 0.20% | |
% Remaining Total Shares - 99.80% |
Current | 1 Month | |
---|---|---|
Net Insider Transaction | 6.55 K | 6.55 K |
Shares Bought | 130.57 K | 130.57 K |
Shares Sold | 124.02 K | 124.02 K |
Insider Activity
Transaction Date | Insider/Title | Transaction Type | Market Value | Shares | Average Price | Current Holdings | ||||
---|---|---|---|---|---|---|---|---|---|---|