FTS.TO - Fortis Inc.

Toronto - Toronto Delayed Price. Currency in CAD
53.13
+0.12 (+0.23%)
At close: 4:00PM EDT
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Previous Close53.01
Open52.86
Bid53.16 x 0
Ask53.21 x 0
Day's Range52.52 - 53.30
52 Week Range41.52 - 59.28
Volume1,209,545
Avg. Volume2,555,709
Market Cap24.668B
Beta (5Y Monthly)0.10
PE Ratio (TTM)14.32
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.91 (3.60%)
Ex-Dividend DateMay 14, 2020
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions

    ST. JOHN'S, Newfoundland and Labrador, June 01, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (FTS.TO) announced today that 267,341 of its 7,024,846 issued and outstanding Cumulative Redeemable Five-Year Fixed Rate Reset First Preference Shares, Series H ("Series H Shares") were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Floating Rate First Preference Shares, Series I ("Series I Shares") and that 907,577 of its 2,975,154 Series I Shares were tendered for conversion, on a one-for-one basis, into Series H Shares. As a result of the conversion, Fortis has 7,665,082 Series H Shares and 2,334,918 Series I Shares issued and outstanding. The Series H Shares will pay on a quarterly basis, for the five-year period beginning on June 1, 2020, if, as and when declared by the Board of Directors of Fortis, a fixed dividend based on an annual fixed dividend rate of 1.835 percent.

  • GlobeNewswire

    Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Advance Notice By-Law No.2 and Say on Pay

    ST. JOHN'S, Newfoundland and Labrador, May 07, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special.

  • GlobeNewswire

    Fortis Inc. Holds Annual and Special Meeting of Shareholders and Confirms Donation of $500,000 for COVID-19 Community Support in Newfoundland and Labrador

    ST. JOHN'S, Newfoundland and Labrador, May 07, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today held a virtual Annual and Special Meeting of shareholders. At the meeting, Fortis President and CEO Barry Perry discussed the financial results for 2019 and the first quarter of 2020, and also discussed the impact of COVID-19 on the business. In 2019 Fortis delivered strong annual net earnings of approximately $1.7 billion, deployed $3.8 billion in capital expenditures and marked 46 years of consecutive annual common share dividend payment increases.

  • GlobeNewswire

    Fortis Inc. Reports First Quarter 2020 Earnings¹

    ST. JOHN'S, Newfoundland and Labrador, May 06, 2020 (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 first quarter results today. "The strength of our diversified business model was evident in the first quarter as our business performed well, reflecting modest impacts associated with the COVID-19 pandemic," said Barry Perry, President and Chief Executive Officer, Fortis.

  • GlobeNewswire

    Advisory: Fortis Inc. to Hold Teleconference on May 6 to Discuss First Quarter 2020 Results and Hold Virtual 2020 Annual and Special Meeting on May 7

    ST. JOHN'S, Newfoundland and Labrador, April 29, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2020 financial results.

  • GlobeNewswire

    Fortis Inc. to Hold Teleconference on May 6 to Discuss First Quarter 2020 Results and Hold Virtual 2020 Annual and Special Meeting on May 7

    ST. JOHN'S, Newfoundland and Labrador, April 14, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2020 financial results.

  • GlobeNewswire

    FORTIS INC. PRESIDENT AND CEO THANKS CORPORATION'S EMPLOYEES

    ST. JOHN'S, Newfoundland and Labrador, March 25, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) President and Chief Executive Officer Barry Perry today acknowledged and thanked employees for the important work they are doing across its operations in Canada, the United States and the Caribbean. Fortis employees are maintaining and operating the electricity grids and natural gas networks that are delivering the energy required to run essential services in their local communities through this COVID-19 crisis. "As we continue to respond to the current COVID-19 pandemic, I want to thank our 9,000 Fortis employees for their work and dedication to ensure the electricity grid and natural gas network remains strong," said Barry Perry, President and CEO, Fortis.

  • FortisAlberta Takes Necessary Precautions to Provide Electricity Service for Alberta
    CNW Group

    FortisAlberta Takes Necessary Precautions to Provide Electricity Service for Alberta

    CALGARY, March 23, 2020 /CNW/ - As the COVID-19 pandemic continues to evolve in Alberta (and around the world), FortisAlberta is taking the necessary actions and precautions to protect the health and well-being of its employees and to provide electricity service to its customers. FortisAlberta serves more than half a million customers with the electricity they depend on to take care of their families and community members throughout our province.

  • GlobeNewswire

    FORTIS INC. ANNOUNCES VIRTUAL ANNUAL MEETING AND PROVIDES UPDATE ON PREPARATION AND RESPONSE TO THE COVID-19 PANDEMIC

    ST. JOHN'S, Newfoundland and Labrador, March 17, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced its annual and special meeting on May 7, 2020 will be held online. The Corporation will forego an in-person meeting in response to the COVID-19 pandemic. Details on how shareholders can access the virtual meeting will be provided in the coming weeks.

  • GlobeNewswire

    Fortis Inc. Donates $500,000 to Support Cancer Care in Newfoundland and Labrador

    ST. JOHN'S, Newfoundland and Labrador, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis") President and CEO, Barry Perry, today announced a $500,000 donation to enhance cancer care in Newfoundland and Labrador. The donations will help cancer patients in this province in two ways. Half of the donation will be to the Health Care Foundation, supporting their efforts to renovate and upgrade 4 North A of the Health Sciences Centre.

  • GlobeNewswire

    Fortis Inc. Files 2019 Year-End Disclosure Documents

    ST. JOHN'S, Newfoundland and Labrador, Feb. 13, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today filed its audited Consolidated Financial.

  • GlobeNewswire

    Fortis Inc. Reports 2019 Results¹

    ST. JOHN'S, Newfoundland and Labrador, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a leader in the North American regulated electric and gas utility industry, released its 2019 fourth-quarter and annual financial results today.

  • GlobeNewswire

    Fortis Inc. Announces Second Quarter Dividends - 2020

    ST. JOHN'S, Newfoundland and Labrador, Feb. 12, 2020 -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following.

  • GlobeNewswire

    Advisory: Fortis Inc. to Hold Teleconference on February 13 to Discuss 2019 Annual Results

    ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2019 annual financial results on.

  • GlobeNewswire

    Fortis Inc. to Hold Teleconference on February 13 to Discuss 2019 Annual Results

    ST. JOHN'S, Newfoundland and Labrador, Jan. 16, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2019 annual financial results on.

  • GlobeNewswire

    Statement from Fortis Inc. on the Passing of Ida J. Goodreau

    It is with great sadness that Fortis acknowledges the passing of Ida J. Goodreau. Ida served as the Chair of the Governance and Nominating Committee of the Fortis Inc. Board of Directors and as Chair of the Board of Fortis subsidiary, FortisBC. Ida was a director of Fortis for a decade and served on the board of FortisBC and its predecessor for many years.

  • GlobeNewswire

    Fortis Inc. Announces Exercise of C$90 Million Over-Allotment Option in Previously Announced Bought Deal

    ST. JOHN'S, Newfoundland and Labrador, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that it has issued a total of 1,726,500 common shares of Fortis (the "Common Shares") as a result of the exercise of the over-allotment option (the "Over-Allotment Option") granted by the Corporation to a syndicate of underwriters led by Scotia Capital Inc., CIBC Capital Markets and RBC Capital Markets under its previously announced bought deal public offering (the "Bought Deal").

  • GlobeNewswire

    Fortis Inc. Announces Closing of Previously Announced Offering of Common Shares Comprised of C$600 Million Bought Deal and Concurrent C$500 Million Offering to Institutional Investor

    ST. JOHN'S, Newfoundland and Labrador, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that it has closed its previously announced bought deal public offering (the "Bought Deal") and concurrent direct registered offering (the "Concurrent Offering" and together with the Bought Deal, the "Offerings"). A total of 21,097,728 common shares of Fortis (the "Common Shares") were sold under the Offerings at a price of C$52.15 per Common Share, resulting in gross proceeds to Fortis of C$1,100 million.

  • GlobeNewswire

    Fortis Inc. Announces C$1.1 Billion Offering of Common Shares Comprised of C$600 Million Bought Deal and Concurrent C$500 Million Offering to Institutional Investor

    ST. JOHN'S, Newfoundland, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotia Capital Inc., CIBC Capital Markets and RBC Capital Markets (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase from Fortis, on a "bought deal" basis, and sell to the public, 11,510,000 common shares of Fortis (the "Common Shares") at a price of C$52.15 per Common Share, resulting in gross proceeds for Fortis of C$600 million (the "Bought Deal"). Fortis has granted the Underwriters the option to purchase up to an additional 1,726,500 Common Shares to cover over-allotments, if any, and for market stabilization purposes, exercisable during the 30 days following the closing of the Bought Deal (the "Over-Allotment Option").

  • GlobeNewswire

    Fortis Inc. Announces Appointment of Chief Operating Officer

    ST. JOHN'S, Newfoundland and Labrador, Nov. 25, 2019 -- Barry Perry, President and Chief Executive Officer of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: TSX).

  • GlobeNewswire

    ITC Holdings Corp. Receives Order from FERC on MISO base ROE Matter

    ST. JOHN'S, Newfoundland and Labrador, Nov. 22, 2019 -- ITC Holdings Corp. ("ITC"), a subsidiary of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), received an....

  • GlobeNewswire

    Fortis Inc. Announces First Quarter Dividends - 2020

    ST. JOHN'S, Newfoundland and Labrador, Nov. 20, 2019 -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) has declared the following.

  • GlobeNewswire

    Newfoundland Power declares dividends on Series A, B, D and G First Preference Shares

    All the common shares of Newfoundland Power Inc. are owned by Fortis Inc., a leader in the North American regulated electric and gas utility industry with total assets of approximately C$53 billion as at September 30, 2019. Newfoundland Power is the primary distributer of electricity on the island portion of Newfoundland and Labrador, and purchases 93% of its energy needs from Newfoundland and Labrador Hydro.

  • GlobeNewswire

    Fortis Inc. Reports Third Quarter 2019 Earnings¹

    ST. JOHN'S, Newfoundland and Labrador, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS), a leader in the North American regulated electric and gas utility industry, released its third quarter results today. "We are optimistic about the trends occurring in our industry, including the move to cleaner energy and electrification," said Barry Perry, President and Chief Executive Officer, Fortis.

  • GlobeNewswire

    Wataynikaneyap Power Announces Financial Close and Issues Notice to Proceed on Wataynikaneyap Power Transmission Project

    Wataynikaneyap Power officially announced today that it has achieved financial close and issued the notice to proceed to Valard LP (“Valard”) for construction of the Wataynikaneyap Power Transmission Project (“the Project”). Wataynikaneyap Power CEO, Margaret Kenequanash, along with the Chiefs of the 24 First Nations, Barry Perry, President and Chief Executive Officer, Fortis Inc. (“Fortis”), Anne Scotton, Regional Director General at Indigenous Services Canada, Government of Canada, Carolyn Calwell, Assistant Deputy Minister, Ministry of Energy, Northern Development and Mines, Government of Ontario, and the First Nations LP (“FNLP”) Executive Council gathered together to celebrate this momentous occasion. This unprecedented Project is majority-owned by 24 First Nations in partnership with Fortis and other private investors.