Here''s why Algonquin Power (TSX:AQN)(NYSE:AQN) and Fortis (TSX:FTS)(NYSE:FTS) are two top utility stocks to consider right now. The post TFSA Investors: 2 Utility Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada .
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 49.3 and 43.56 calculating the average target price we see 46.12. Now with the previous closing price of 45.3 this now indicates there is a potential upside of 1.8%. The 50 day moving average now sits at 46.29 and the 200 moving average now moves to 47.29. The market capitalisation for the company is $21,084m. You can visit the company''s website by visiting: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $21,466m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
ITC Holdings, a subsidiary of Fortis (FTS), has launched a private offering of senior unsecured notes.Net proceeds from the offering will be used by ITC to redeem in full $500M of…
Fortis Inc. with ticker code (FTS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 48.7 and 42.5 calculating the average target price we see 45.2. Now with the previous closing price of 44.34 this indicates there is a potential upside of 1.9%. The 50 day moving average now sits at 46.49 while the 200 day moving average is 47.28. The company has a market cap of $21,158m. Visit the company website at: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $21,569m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
Fortis Inc. with ticker code (FTS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 48.99 and 42.76 with a mean TP of 45.47. With the stocks previous close at 45.42 this would indicate that there is a potential upside of .1%. There is a 50 day moving average of 46.59 and the 200 day moving average is 47.29. The market capitalisation for the company is $21,403m. You can visit the company''s website by visiting: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $21,426m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
Fortis is a very broad regulated utility, with operations spanning a good portion of North America. The company enjoys incredibly strong cash flows that tend to grow over time.
Fortis Inc. runs projects in the North American regulated electric and gas utility industry. Click here to read our analysis of FTS stock.
Here''s why Fortis (TSX:FTS)(NYSE:FTS) and SmartCentres REIT (TSX:SRU.UN) are two top dividend stocks to buy for the long term. The post 2 Dividend Stocks to Buy for Passive Income in September appeared first on The Motley Fool Canada .
Utilities stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) offer high yields. The post TFSA Investors: Steady Utility Stocks to Buy Now and Cash In for Life appeared first on The Motley Fool Canada .
Fortis Inc. found using ticker (FTS) now have 3 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 49.59 and 42.65 with a mean TP of 45.59. With the stocks previous close at 47.05 this would indicate that there is a downside of -3.1%. The 50 day MA is 46.89 and the 200 day MA is 47.24. The company has a market cap of $22,995m. You can visit the company''s website by visiting: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $22,281m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
Optimism is spreading throughout Wall Street, as investors continue to cheer positive quarterly results, better-than-expected inflation data and a rosier economic outlook. In fact, the S&P 500, Dow and NASDAQ climbed more than 3% higher last week. The reality is the second-quarter earnings season is proving to be a strong one. 87% of S&P 500 companies have reported their latest quarterly results, and, according to FactSet, 75% have posted an earnings surprise and 70% have posted a revenue surprise. In addition, the current earnings growth rate now stands at 6.7% and the revenue growth rate is 13.6%. As I mentioned last week , the Consumer Price Index ( CPI ) was unchanged at 0% in July, which was much better than economists’ consensus expectation of a 0.2%. In the past 12 months, the CPI decelerated from a 9.1% annual pace in June to an 8.5% annual pace in July. The core CPI, which excludes food and energy, rose 0.3% in July and 5.9% in the past 12 months. The Producer Price Index (PPI) also showed that inflation is tapping the brakes.
Investors can trust top TSX stocks like Royal Bank of Canada (TSX:RY)(NYSE:RY) and Fortis Inc. (TSX:FTS)(NYSE:FTS) for the next 30 years. The post 3 TSX Stocks to Hold for the Next 3 Decades appeared first on The Motley Fool Canada .
If history is any guide, there may be trouble ahead for shares of Fortis (NYSE: FTS ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below … Full story available on Benzinga.com
In trading on Friday, shares of Fortis Inc''s First Preference Shares, Series F (TSX: FTS-PRF.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2252), with shares changing hands as low as $22.10 on the day. As of last close, FTS.PRF was t
Equities researchers at National Bank Financial issued their Q2 2022 earnings estimates for Fortis in a research report issued to clients and investors on Monday, July 25th. National Bank Financial … Read Full Story at source (may require registration) The post Equities Analysts Set Expectations for Fortis Inc.’s Q2 2022 Earnings (NYSE:FTS) appeared first on ForexTV .
FTS earnings call for the period ending June 30, 2022.
Fortis Inc. (NYSE:NYSE:FTS) Q2 2022 Earnings Conference Call July 28, 2022 08:30 AM ET Company Participants Stephanie Amaimo - Vice President, Investor Relations David Hutchens - President…
ST. JOHN''S, Newfoundland and Labrador, July 28, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its second quarter results 1 and 2022 Sustainability Report.
ST. JOHN''S, Newfoundland and Labrador, July 27, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:
Upgrades According to Edward Jones, the prior rating for NiSource Inc (NYSE: NI ) was changed from Hold to Buy. For the first quarter, NiSource had an EPS of $0.75, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $32.59 and a 52-week-low of $26.37. At the end of the last trading period, NiSource closed at $29.20. Benchmark upgraded the previous rating for Schlumberger Ltd (NYSE: SLB ) from Hold to Buy. For the second quarter, Schlumberger had an EPS of $0.50, compared to year-ago quarter EPS of $0.30. The current stock performance of Schlumberger shows a 52-week-high of $49.83 and a 52-week-low of $29.98. Moreover, at the end of the last trading period, the closing price was at $35.60. Raymond James upgraded the previous rating for Carvana Co (NYSE: CVNA ) from Underperform to Market Perform. In the first quarter, Carvana showed an EPS of $2.89, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $240.58 and a 52-week-low of $19.45. At the end of the last trading period, Carvana closed at $24.18.
https://www.investing.com/news/pro/edward-jones-downgrades-fortis-inc-to-hold-432SI-2854994
ST. JOHN''S, Newfoundland and Labrador, July 21, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday, July 28, 2022. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation''s second quarter financial results.
In trading on Wednesday, shares of Fortis Inc (TSX: FTS.TO) crossed below their 200 day moving average of $59.68, changing hands as low as $59.16 per share. Fortis Inc shares are currently trading down about 1% on the day. The chart below shows the one year performance of FTS
Fortis (TSX:FTS)(NYSE:FTS) stock is an intriguing dividend play that I''d not be willing to sell, even if the market storm worsens. The post 2 TSX Stocks I Will “Never” Sell! appeared first on The Motley Fool Canada .
Related Stocks: MRK , ATVI , OTEX , FTS , MSFT ,
Here''s why Restaurant Brands (TSX:QSR)(NYSE:QSR) and Fortis (TSX:FTS)(NYSE:FTS) are two undervalued growth stocks to buy right now. The post 2 Undervalued Growth Stocks Poised for a Comeback This Year appeared first on The Motley Fool Canada .
ST. JOHN''S, Newfoundland and Labrador, June 30, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday, July 28, 2022. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation''s second quarter financial results.
Fortis (FTS) -0.7% in Thursday''s trading after UBS downgraded shares to Sell from Neutral with a C$56 price target, cut from C$61, citing significant regulatory headwinds in Arizona and…
Telus (T) is one of Canada’s largest telecom companies, providing mobile phone plans, TV and internet subscriptions, security, and more. Fortis (FTS) is one of the country’s top utility companies, providing gas and electricity distribution. The companies have a long history of paying increasing dividends and currently offering dividend yields of more than 3.5%. In this video, we discuss whether these two Canadian dividend stocks are worth buying now. We will also compare Telus and Fortis with another Canadian stock that does not have a comparable dividend track record but is getting plenty of attention right now.
Fortis Inc. found using ticker (FTS) have now 3 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 50 and 42.28 calculating the average target price we see 46.13. Now with the previous closing price of 47.59 this would indicate that there is a downside of -3.1%. The 50 day MA is 49.65 and the 200 day moving average is 46.92. The company has a market cap of $22,011m. Company Website: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $21,336m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
Here''s why Fortis (TSX:FTS)(NYSE:FTS) and Enbridge (TSX:ENB)(NYSE:ENB) are two top value stocks to consider right now. The post 2 Top TSX Value Stocks to Buy in June 2022 appeared first on The Motley Fool Canada .
Fortis (TSX:FTS)(NYSE:FTS) stock looks like a great defensive bet, even if you expect the market selloff will get worse in the coming months. The post Don’t Time the Market: Here’s a Safe Stock I’d Buy in the Face of Recession appeared first on The Motley Fool Canada .
Not for distribution to United States news wire services or dissemination in the United States.
RRSP investors worried about market volatility may want to snatch up dependable dividend stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) in late May. The post RRSP Investors: 3 Safe Dividend Stocks to Hold appeared first on The Motley Fool Canada .
Fortis Inc. (FTS) shares closed today at 1.7% below its 52 week high of $51.22, giving the company a market cap of $24B. The stock is currently up 6.3% year-to-date, up 14.3% over the past 12 months, and up 84.6% over the past five years. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 1.4%. Trading Activity Trading volume this week was 26.0% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -216.1% The company's stock price performance over the past 12 months lags the peer average by -31.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 50.05 and 43.42 with the average target price sitting at 46.95. Now with the previous closing price of 50.3 this indicates there is a potential downside of -6.7%. The 50 day moving average now sits at 49.39 and the 200 moving average now moves to 46.69. The company has a market capitalisation of $24,227m. Company Website: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $22,614m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
Fortis'' finances are incredibly strong and its dividend appears quite well covered by cash flow. See why it may be best to wait for FTS stock come down a bit.
(Bloomberg) — Fortis Inc. plans to increase its presence in the green bond market via transactions from subsidiaries as the C$58 billion ($45 billion) asset company moves to reduce its greenhouse gas emissions, Chief Financial Officer Jocelyn Perry said. The St. John’s, Newfoundland-based power utility, which operates in nine US states, five Canadian provinces and […]
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 49.8 and 43.56 and has a mean target at 46.96. With the stocks previous close at 48.77 this would imply there is a potential downside of -3.7%. The 50 day MA is 49.1 while the 200 day moving average is 46.58. The company has a market cap of $23,497m. Company Website: https://www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $22,625m based on the market concensus. 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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity.
Passive income can beat inflation and taxes if you invest in Fortis Inc. (TSX:FTS)(NYSE:FTS) stock through a TFSA. The post Is $100,000 in Passive Income Enough? appeared first on The Motley Fool Canada .
In latest buying and selling, shares of Fortis Inc (Image: FTS) have crossed above the common analyst 12-month goal worth of $44.27, altering fingers for $44.36/share. When a inventory reaches the goal an analyst has set, the analyst logically has two methods to react: downgrade on valuation, or, re-adjust their goal worth to a better [] The post FTS Crosses Above Common Analyst Goal appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
ST. JOHN''S, Newfoundland and Labrador, July 21, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2021 financial results and 2021 Sustainability Update Report on Thursday, July 29, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation''s second quarter 2021 financial results.
Fortis Inc. stock and Scotiabank stock are two top dividend stocks that you can add to your dividend income portfolio to generate passive income for a long time. The post 2 Top Dividend Stocks for Your Portfolio appeared first on The Motley Fool Canada .
The Old Age Security (OAS) pension will be boosted this year but only keeps up with inflation. Fortis Inc. (TSX:FTS)(NYSE:FTS) beats inflation. The post Are You Eligible for the $500 OAS Boost? Prepare for $96.48 More appeared first on The Motley Fool Canada .
Fortis Incs (NYSE: FTS ) stock is relatively more expensive than its peers and there seems to be limited upside ahead,
ST. JOHN''S, Newfoundland and Labrador, June 30, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2021 financial results and 2021 Sustainability Update Report on Thursday, July 29, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation''s second quarter 2021 financial results.
Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The post Fortis Inc (FTS): Price Down $-0.05 (-0.11)% Over Past Day, Down $-0.04 (-0.09)% Over Past Hour appeared first on ETF Daily News .
Dividend stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) should be on your radar in July. The post 3 Top Dividend Stocks for July appeared first on The Motley Fool Canada .
Raymond James Stick to Their Hold Rating for Fortis Inc
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The post Fortis Inc (FTS): Price Up $0.04 (0.09)% Over Past Day, Up $0.02 (0.05)% Over Past Hour appeared first on ETF Daily News .