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Fortis 1St Cum Red Srs F Prf (FTS_pf)

Toronto
Currency in CAD
Disclaimer
20.32
+0.02(+0.10%)
Closed
FTS_pf Scorecard
Full Analysis
Operates with a significant debt burden
High dividend Yield
Fair Value
Day's Range
20.3020.45
52 wk Range
17.6221.40
Bid/Ask
20.29 / 20.74
Prev. Close
20.3
Open
20.45
Day's Range
20.3-20.45
52 wk Range
17.62-21.4
Volume
300
Average Volume (3m)
1,539
1-Year Change
4.69%
Fair Value
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Fair Value Upside
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Company’s Health
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Price Target
55.96
Upside
+175.39%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 36 consecutive years

Fortis 1St Cum Red Srs F Prf Company Profile

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 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona’s Mohave and Santa Cruz counties with an aggregate capacity of 3,408 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 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four 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 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 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 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Sector
Utilities
Employees
9600
Market
Canada
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