Based on the Fortis Inc Pref I stock forecast from 0 analysts, the average analyst target price for Fortis Inc Pref I is not available over the next 12 months. Fortis Inc Pref I’s average analyst rating is not available. Stock Target Advisor’s own stock analysis of Fortis Inc Pref I is Bullish , which is based on 11 positive signals and 2 negative signals. At the last closing, Fortis Inc Pref I’s stock price was CAD 16.30. Fortis Inc Pref I’s stock price has changed by -1.81% over the past week, -0.31% over the past month and +9.76% over the last year.
No recent analyst target price found for Fortis Inc Pref I
No recent average analyst rating found for Fortis Inc Pref I
Company Overview Fortis Inc Pref I
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada. Read Less
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's...Read More
Frequently Asked Questions About Fortis Inc Pref I (FTS-PI:CA) Stock
Stock Target Advisor's fundamental analysis for Fortis Inc Pref I's stock is Bullish .
FTS-PI:CA stock's dividend yield is 7.50%.
Our analysis grades FTS-PI:CA stock's dividend yield at A+. This means that FTS-PI:CA stock's dividend yield is above 100% of the stocks in the Utilities - Regulated Electric sector in the TSX exchange.
Based on this FTS-PI:CA may be a good dividend stock for its sector.
Unfortunately we do not have enough data on FTS-PI:CA's stock to indicate what its average analyst target is.
FTS-PI:CA stock's Price/Earning ratio is 6.46.
Our analysis grades FTS-PI:CA stock's Price / Earning ratio at A-. This means that FTS-PI:CA stock's Price/Earning ratio is above 7.999999999999996% of the stocks in the Utilities - Regulated Electric sector in the TSX exchange.
Based on this FTS-PI:CA may be undervalued for its sector.
The last closing price of FTS-PI:CA's stock was CAD 16.30.
The most recent market capitalization for FTS-PI:CA is CAD 30.52B.
Unfortunately we do not have enough analyst data on FTS-PI:CA's stock to indicate whether its price will go up or not.
We can't find any ETFs which contains Fortis Inc Pref I's stock.
As per our most recent records Fortis Inc Pref I has 9,600 Employees.
Fortis Inc Pref I's registered address is Fortis Place, Saint John's, NF, Canada, A1E 0E4.
You can get more information about it from Fortis Inc Pref I's website at https://www.fortisinc.com.
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Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior Revenue Growth
This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.
Underpriced compared to earnings
The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
High Gross Profit to Asset Ratio
This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Frequently Asked Questions About Fortis Inc Pref I (FTS-PI:CA) Stock
Stock Target Advisor's fundamental analysis for Fortis Inc Pref I's stock is Bullish .
FTS-PI:CA stock's dividend yield is 7.50%.
Our analysis grades FTS-PI:CA stock's dividend yield at A+. This means that FTS-PI:CA stock's dividend yield is above 100% of the stocks in the Utilities - Regulated Electric sector in the TSX exchange.
Based on this FTS-PI:CA may be a good dividend stock for its sector.
Unfortunately we do not have enough data on FTS-PI:CA's stock to indicate what its average analyst target is.
FTS-PI:CA stock's Price/Earning ratio is 6.46.
Our analysis grades FTS-PI:CA stock's Price / Earning ratio at A-. This means that FTS-PI:CA stock's Price/Earning ratio is above 7.999999999999996% of the stocks in the Utilities - Regulated Electric sector in the TSX exchange.
Based on this FTS-PI:CA may be undervalued for its sector.
The last closing price of FTS-PI:CA's stock was CAD 16.30.
The most recent market capitalization for FTS-PI:CA is CAD 30.52B.
Unfortunately we do not have enough analyst data on FTS-PI:CA's stock to indicate whether its price will go up or not.
We can't find any ETFs which contains Fortis Inc Pref I's stock.
As per our most recent records Fortis Inc Pref I has 9,600 Employees.
Fortis Inc Pref I's registered address is Fortis Place, Saint John's, NF, Canada, A1E 0E4.
You can get more information about it from Fortis Inc Pref I's website at https://www.fortisinc.com.
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