Fortis Inc
FTS
Company Profile
Business description
Fortis owns and operates eight transmission and distribution utility subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Contact
5 Springdale Street
Suite 1100, Fortis Place
Saint John’sNLA1B 3T2
CANT: +1 709 737-2800
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Regulated Electric
Fiscal Year End
31 December 2026
Employees
9,900
Stocks News & Analysis
stocks
ASX healthcare share undervalued post earnings
Short term headwinds mask long term value opportunity.
stocks
ASX energy share sees 363% increase in dividend
Geopolitical tensions drive strong profit and dividends for oil refiner.
stocks
Wide moat share remains cheap despite rising costs
Higher costs weigh on profits but stronger sales trends support long term outlook.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,338.80 | 54.50 | -0.58% |
| CAC 40 | 8,478.57 | 39.37 | 0.47% |
| DAX 40 | 26,324.35 | 58.21 | 0.22% |
| Dow JONES (US) | 53,577.40 | 160.24 | 0.30% |
| FTSE 100 | 10,876.36 | 9.80 | -0.09% |
| HKSE | 25,652.97 | 141.87 | 0.56% |
| NASDAQ | 26,151.30 | 171.11 | 0.66% |
| Nikkei 225 | 66,262.16 | 405.73 | 0.62% |
| NZX 50 Index | 14,013.21 | 20.49 | 0.15% |
| S&P 500 | 7,677.28 | 24.42 | 0.32% |
| S&P/ASX 200 | 9,127.80 | 55.90 | -0.61% |
| SSE Composite Index | 3,912.52 | 23.08 | 0.59% |