Fortis(FTS)

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Fortis: The Buy Case For A Low-Risk Utility With Strong Earnings Visibility
Seeking Alpha· 2025-06-10 13:17
I am exploring the utility sector for the first time and Fortis Inc. (NYSE: FTS ) (TSX: FTS:CA ) has caught my attention. It is a utility company that provides energy to millions. To be honest, itsNabeel Bukhari is a law graduate with a specialization in company and corporate law, combined with self-taught expertise in financial analysis. He offers a unique perspective on business dynamics by integrating his legal knowledge with financial insights, making him a valuable asset in the financial realm. His wor ...
Fortis: Quietly Powering Your Dividend Portfolio
Seeking Alpha· 2025-06-09 16:30
Last week, while conducting research for my article on Canadian Natural Resources ( CNQ ) for Seeking Alpha, I happened to read up on several Canadian utility companies, of which a few seemed particularly intriguing. One such company thatThe Low-Budget Dividend Investor is your prototypical Generation X-er: an over-educated, under-funded middle-aged guy looking for ways to increase his income in a difficult economic environment. He favors the conservative, income-generating strategies more frequently associ ...
Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions
Globenewswire· 2025-06-02 10:00
ST. JOHN'S, Newfoundland and Labrador, June 02, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 11,298 of its 7,665,082 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 248,830 of its 2,334,918 Series I Shares were tendered ...
Are Utilities Stocks Lagging Fortis (FTS) This Year?
ZACKS· 2025-05-27 14:45
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Fortis (FTS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.Fortis is a member of the Utilities sector. This group includes 106 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank includes 16 different groups a ...
Best Momentum Stocks to Buy for May 22nd
ZACKS· 2025-05-22 15:01
Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, May 22nd:Fortis Inc. (FTS) : This Canadian electric and gas utility company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.Fortis’ shares gained 9.5% over the last three months compared with the S&P 500’s decline of 1%. The company possesses a Momentum Score of A.MGIC Investment Corporation (MTG) : This mortgage insurance ...
Best Income Stocks to Buy for May 22nd
ZACKS· 2025-05-22 09:11
Group 1: Fortis Inc. (FTS) - Fortis Inc. is a Canadian electric and gas utility company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for Fortis' current year earnings has increased by 4.2% over the last 60 days [1] - Fortis has a dividend yield of 3.6%, which is higher than the industry average of 3.1% [1] Group 2: MGIC Investment Corporation (MTG) - MGIC Investment Corporation is a mortgage insurance company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for MGIC's current year earnings has increased by 1.8% over the last 60 days [2] - MGIC has a dividend yield of nearly 2%, compared to the industry average of 1.7% [2]
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, and Say on Pay
Globenewswire· 2025-05-08 19:06
ST. JOHN'S, Newfoundland and Labrador, May 08, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, and approving the non-binding advisory vote regarding the Corporation's approach to executive compensation. Election of Direct ...
What The Smartest Canadian Investors Hold In Their Dividend Growth Portfolios
Seeking Alpha· 2025-05-08 17:20
My name is Mike and I’m the author of The Dividend Guy Blog & The Dividend Monk along with the owner and portfolio manager here at Dividend Stocks Rock (DSR). I earned my bachelor degree in finance-marketing, own a CFP title along with an MBA in financial services. Besides being a passionate investor, I’m also happily married with three beautiful children. I started my online venture to educate people about investing and to be able to spend more time with my family. I started my career in the financial indu ...
Is Fortis (FTS) Stock Outpacing Its Utilities Peers This Year?
ZACKS· 2025-05-08 14:45
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Fortis (FTS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.Fortis is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our ...
Fortis Inc. Releases First Quarter 2025 Results
Globenewswire· 2025-05-07 10:00
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. ST. JOHN'S, Newfoundland and Labrador, May 07, 2025 (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. Highlights "We are off to a strong start in 20 ...