Workflow
Fortis(FTS)
icon
Search documents
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 12 to Discuss 2025 Annual Results
Globenewswire· 2026-02-05 21:35
Core Viewpoint - Fortis Inc. is set to release its 2025 financial results on February 12, 2026, with a teleconference and webcast scheduled for the same day at 8:30 a.m. Eastern Time, featuring discussions by the President and CEO, David Hutchens, and the Executive Vice President and CFO, Jocelyn Perry [1]. Group 1 - The teleconference will be accessible to shareholders, analysts, media members, and other interested parties via a live webcast on the company's website [2]. - Participants in North America can join the call toll-free at 1.833.821.0229, while international participants can call 1.647.846.2371, with a recommendation to dial in 10 minutes early [3]. - A live and archived audio webcast of the teleconference will be available on the company's website, with a replay accessible two hours after the call until March 12, 2026 [4]. Group 2 - Fortis is a diversified leader in the North American regulated electric and gas utility industry, reporting $12 billion in revenue for 2024 and total assets of $75 billion as of September 30, 2025 [5]. - The company employs 9,600 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean [5]. - Fortis shares are publicly traded on both the TSX and NYSE under the symbol FTS [5].
4 Defensive Stocks to Buy as Consumer Confidence Dips to12-Year Low
ZACKS· 2026-02-02 14:35
Economic Overview - Consumer confidence in the U.S. has dropped to 84.5 in January, a decline of 9.7 points from the previous month, marking a 12-year low [5] - The percentage of consumers who believe jobs are "plentiful" has decreased to 23.9%, the lowest since February 2021, while 20.8% of respondents find jobs "hard to find," the highest since February 2021 [6] - The labor market has been struggling, with the unemployment rate remaining at 4.4% in December, indicating potential further increases in January due to low consumer confidence [7] - The Federal Reserve has kept interest rates unchanged amid high inflation, leading to uncertainty regarding its near-term monetary policy [8] Investment Recommendations - Investors are advised to focus on low-beta, defensive stocks from the utility, healthcare, and consumer staples sectors to mitigate market volatility [3][4] - Recommended stocks include Ameren Corporation (AEE), Fortis, Inc. (FTS), Cardinal Health, Inc. (CAH), and J&J Snack Foods Corp. (JJSF), all of which have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [3][10] Company Profiles - **Ameren Corporation (AEE)**: A utility company serving nearly 2.4 million electric and over 900,000 natural gas customers, with an expected earnings growth rate of 8.2% for the current year and a dividend yield of 2.75% [9][11] - **Fortis, Inc. (FTS)**: Engaged in electric and gas utility business, with an expected earnings growth rate of 5.4% for the current year and a dividend yield of 3.42% [12][13] - **Cardinal Health, Inc. (CAH)**: A major healthcare services provider serving nearly 90% of U.S. hospitals, with an expected earnings growth rate of 21.5% for the current year and a dividend yield of 0.95% [14][15] - **J&J Snack Foods Corp. (JJSF)**: Manufacturer and distributor of branded snack foods, with an expected earnings growth rate of 4.5% for the current year and a dividend yield of 3.37% [16][17]
The Zacks Analyst Blog Ameren, Fortis, ONE Gas, Hormel Foods and J&J Snack Foods
ZACKS· 2026-01-28 09:05
Core Insights - The article discusses the impact of ongoing inflation on the Federal Reserve's monetary policy and suggests focusing on low-beta defensive stocks to navigate market volatility [2][3][10] Economic Context - Inflation has risen, with the personal consumption expenditure (PCE) index increasing by 2.8% year-over-year in November, moving further away from the Federal Reserve's 2% target [6][8] - Personal income growth has slowed, with increases of 0.1% in October and 0.3% in November, below analysts' expectations [9] Investment Recommendations - Investors are advised to consider low-beta defensive stocks, particularly in the utility and consumer staples sectors, to mitigate market fluctuations [4][5] - Featured stocks include: - **Ameren Corp. (AEE)**: Expected earnings growth rate of 8.2%, Zacks Rank 2, beta of 0.58, dividend yield of 2.78% [12][13] - **Fortis, Inc. (FTS)**: Expected earnings growth rate of 4.2%, Zacks Rank 2, beta of 0.50, dividend yield of 3.46% [14][15] - **ONE Gas, Inc. (OGS)**: Expected earnings growth rate of 11.8%, Zacks Rank 2, beta of 0.81, dividend yield of 3.47% [16] - **Hormel Foods Corp. (HRL)**: Expected earnings growth rate of 6.6%, Zacks Rank 2, beta of 0.33, dividend yield of 4.76% [17] - **J&J Snack Foods Corp. (JJSF)**: Expected earnings growth rate of 4.5%, Zacks Rank 2, beta of 0.34, dividend yield of 3.43% [18][19]
Are You Looking for a Top Momentum Pick? Why Fortis (FTS) is a Great Choice
ZACKS· 2026-01-26 18:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...
Buy 3 Low-Beta Utility Stocks to Dodge Prevailing Market Volatility
ZACKS· 2026-01-22 15:11
Market Overview - Volatility has returned to Wall Street, with major indexes giving up gains for the year due to uncertainty over the economy's health and fresh geopolitical tensions [1] - Investors are concerned about the economy's health, as consumer confidence fell to 89.1 in December, a decline of 3.8 points from November's reading of 92.9 [6] Defensive Stock Recommendations - Investors may want to focus on low-beta, defensive stocks, particularly from the utility sector, to cushion against market swings [2] - Recommended companies include: - **Ameren Corporation (AEE)**: Expected earnings growth rate of 8.2%, Zacks Rank 2, beta of 0.58, and a dividend yield of 2.74% [8][10] - **Fortis, Inc. (FTS)**: Expected earnings growth rate of 3.8%, Zacks Rank 2, beta of 0.50, and a dividend yield of 3.48% [12][10] - **Public Service Enterprise Group Incorporated (PEG)**: Expected earnings growth rate of 9.8%, Zacks Rank 2, beta of 0.6, and a dividend yield of 3.17% [14][10] Company Profiles - **Ameren Corporation**: A utility company serving nearly 2.4 million electric and over 900,000 natural gas customers in Missouri and Illinois [7] - **Fortis, Inc.**: Engaged in electric and gas utility business, operating primarily in Canada, the U.S., and the Caribbean [11] - **Public Service Enterprise Group Incorporated**: A diversified energy company with regulated electric and gas utility operations primarily in the Northeastern and Mid-Atlantic U.S. [13]
Fortis Inc. to Hold Teleconference and Webcast on February 12 to Discuss 2025 Annual Results
Globenewswire· 2026-01-15 21:35
Core Viewpoint - Fortis Inc. is set to release its 2025 financial results on February 12, 2026, with a teleconference and webcast scheduled for the same day at 8:30 a.m. Eastern Time, featuring key executives discussing the results [1]. Group 1: Financial Results Announcement - The financial results for 2025 will be disclosed on February 12, 2026 [1]. - A teleconference and webcast will be held at 8:30 a.m. Eastern Time on the same day [1]. - Key executives, including the President and CEO David Hutchens and CFO Jocelyn Perry, will present the annual financial results [1]. Group 2: Participation Details - Shareholders, analysts, and media members can access the teleconference via a live webcast on the company's website [2]. - North American participants can call toll-free at 1.833.821.0229, while international participants can call 1.647.846.2371 [3]. - Pre-registration for the call is available, allowing participants to receive a calendar invite with dial-in details [3]. Group 3: Webcast Availability - A live and archived audio webcast of the teleconference will be accessible on the company's website [4]. - A replay of the teleconference will be available two hours after the call until March 12, 2026 [4]. Group 4: Company Overview - Fortis is a diversified leader in the North American regulated electric and gas utility industry, reporting $12 billion in revenue for 2024 and total assets of $75 billion as of September 30, 2025 [5]. - The company employs 9,600 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean [5]. - Fortis shares are traded on the TSX and NYSE under the symbol FTS [5].
Here's Why You Should Add FTS Stock to Your Portfolio Right Now
ZACKS· 2026-01-08 19:45
Key Takeaways Fortis benefits from transmission expansion, grid modernization and rising energy demand from data centers. FTS plans $28.8B in investments from 2026-2030 to strengthen transmission, distribution and reliability.FTS offers a 3.54% dividend yield and has raised dividends consistently, targeting 46% growth through 2030.Fortis Inc. (FTS) continues to benefit from investments made in the expansion of major transmission projects and from rising demand for energy from data centers.  Grid modernizati ...
Fortis Inc. (FTS): A Bull Case Theory
Yahoo Finance· 2025-12-09 20:11
Core Thesis - Fortis Inc. is viewed positively due to its stable returns, predictable dividends, and disciplined growth strategy, with a current share price of $51.70 and P/E ratios of 21.69 (trailing) and 20.28 (forward) [1][2] Financial Performance - In Q3 2025, Fortis reported adjusted EPS of $0.87, slightly up from $0.85 in the previous year, attributed to rate base growth and regulatory adjustments at Central Hudson [2] - The company's 5-year capital plan increased by 11% to $28.8 billion, focusing on regulated assets, particularly in U.S. transmission utility ITC [2] Dividend and Capital Structure - Fortis increased its quarterly dividend by 4.1%, achieving 52 consecutive years of dividend growth, solidifying its status as a dividend king [3] - The capital structure remains robust, with no new equity needed and stable leverage, allowing the company to fully fund its growth plan while maintaining flexibility through DRIP and ATM programs [3] Market Position and Outlook - The combination of predictable rate base growth, disciplined capital deployment, and potential demand from AI-driven electricity consumption positions Fortis for continued stability and compounding returns [4] - The stock currently yields 3.56%, slightly below its 5-year average of 3.81%, and is considered a long-term hold for reliable income with limited downside [4] Investment Appeal - Fortis exemplifies the value of regulated cash flows, providing steady results in a volatile market, making it a core holding for income-oriented investors [5] - Additional buying may be considered if valuations become more attractive, reflecting a disciplined investment approach [5]
Fortis declares CAD 0.64 dividend (NYSE:FTS)
Seeking Alpha· 2025-12-05 04:08
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Fortis Inc. Announces First Quarter Dividends – 2026
Globenewswire· 2025-12-04 22:43
Core Insights - Fortis Inc. has declared dividends payable on March 1, 2026, for various classes of shares, with specific amounts designated for each type [2][4] - The common share dividend and preference share dividends are eligible for federal and provincial dividend tax credits [2] - Fortis reported a revenue of $12 billion for 2024 and total assets of $75 billion as of September 30, 2025 [3] Dividend Details - The declared dividends include: - $0.64 per share on Common Shares - $0.3063 per share on First Preference Shares, Series "F" - $0.3826875 per share on First Preference Shares, Series "G" - $0.26144 per share on First Preference Shares, Series "H" - $0.232890 per share on First Preference Shares, Series "I" - $0.2969 per share on First Preference Shares, Series "J" - $0.3418125 per share on First Preference Shares, Series "K" - $0.3433125 per share on First Preference Shares, Series "M" [4] Company Overview - Fortis is a diversified leader in the North American regulated electric and gas utility industry, serving utility customers across five Canadian provinces, ten U.S. states, and the Caribbean [3] - The company employs approximately 9,600 individuals [3] - Fortis shares are traded on the TSX and NYSE under the symbol FTS [3]