Fortis Inc Stock Performance
| FTS Stock | CAD 64.85 0.28 0.43% |
The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fortis are expected to decrease at a much lower rate. During the bear market, Fortis is likely to outperform the market. At this point, Fortis Inc has a negative expected return of -0.0486%. Please make sure to confirm Fortis' skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Fortis Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Fortis Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Fortis is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0378 | Payout Ratio | Last Split Factor 4:1 | Forward Dividend Rate 2.46 | Dividend Date 2025-06-01 |
1 | Fortis Stock Buy, Hold, or Sell Now - The Motley Fool Canada | 04/28/2025 |
2 | Stock Analysis and Trading Signals - news.stocktradersdaily.com | 05/02/2025 |
3 | CIBC Reaffirms Their Hold Rating on Fortis - The Globe and Mail | 05/09/2025 |
4 | Ex-Dividend Reminder Starbucks, Wynn Resorts and Fortis - Nasdaq | 05/14/2025 |
5 | Bowman Strengthens Corporate Governance Names Industry Veteran James Laurito as New Board Chairman - Stock Titan | 05/27/2025 |
6 | Fortis The Buy Case For A Low-Risk Utility With Strong Earnings Visibility - Seeking Alpha | 06/10/2025 |
7 | Best Canadian Stock Picks - The Globe and Mail | 06/23/2025 |
8 | Owning utilities makes for a well-managed income portfolio - and this one is my favourite - The Globe and Mail | 07/15/2025 |
| Begin Period Cash Flow | 625 M | |
| Total Cashflows From Investing Activities | -5.4 B |
Fortis |
Fortis Relative Risk vs. Return Landscape
If you would invest 6,700 in Fortis Inc on April 22, 2025 and sell it today you would lose (215.00) from holding Fortis Inc or give up 3.21% of portfolio value over 90 days. Fortis Inc is producing return of less than zero assuming 0.8012% volatility of returns over the 90 days investment horizon. Simply put, 7% of all stocks have less volatile historical return distribution than Fortis, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fortis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortis' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fortis Inc, and traders can use it to determine the average amount a Fortis' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0606
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FTS |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fortis is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fortis by adding Fortis to a well-diversified portfolio.
Fortis Fundamentals Growth
Fortis Stock prices reflect investors' perceptions of the future prospects and financial health of Fortis, and Fortis fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fortis Stock performance.
| Return On Equity | 0.0747 | ||||
| Return On Asset | 0.0302 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 68.05 B | ||||
| Shares Outstanding | 501.6 M | ||||
| Price To Earning | 20.80 X | ||||
| Price To Book | 1.44 X | ||||
| Price To Sales | 2.77 X | ||||
| Revenue | 11.51 B | ||||
| Gross Profit | 5.34 B | ||||
| EBITDA | 5.42 B | ||||
| Net Income | 1.83 B | ||||
| Cash And Equivalents | 220 M | ||||
| Cash Per Share | 0.71 X | ||||
| Total Debt | 2.09 B | ||||
| Debt To Equity | 1.24 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | 44.88 X | ||||
| Cash Flow From Operations | 3.88 B | ||||
| Earnings Per Share | 3.31 X | ||||
| Market Capitalization | 32.53 B | ||||
| Total Asset | 73.49 B | ||||
| Retained Earnings | 4.52 B | ||||
| Working Capital | (2.24 B) | ||||
| Current Asset | 1.86 B | ||||
| Current Liabilities | 2.64 B | ||||
About Fortis Performance
By examining Fortis' fundamental ratios, stakeholders can obtain critical insights into Fortis' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fortis is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 76.95 | 80.80 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.08 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.07 | 0.09 |
Things to note about Fortis Inc performance evaluation
Checking the ongoing alerts about Fortis for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortis Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fortis Inc generated a negative expected return over the last 90 days | |
| Fortis Inc has accumulated 2.09 B in total debt with debt to equity ratio (D/E) of 1.24, which is about average as compared to similar companies. Fortis Inc has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Fortis until it has trouble settling it off, either with new capital or with free cash flow. So, Fortis' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortis Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortis to invest in growth at high rates of return. When we think about Fortis' use of debt, we should always consider it together with cash and equity. | |
| About 55.0% of Fortis shares are owned by institutional investors | |
| Latest headline from news.google.com: Utilities Corp. Stock Analysis and Forecast - Free Consultation - Jammu Links News |
- Analyzing Fortis' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fortis' stock is overvalued or undervalued compared to its peers.
- Examining Fortis' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fortis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortis' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fortis' stock. These opinions can provide insight into Fortis' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.