Fortis (FTS)

Company Profile

Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $56 billion as at September 30, 2020. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

Company profile

Ticker

FTS, FTS+K, FTS+M

Exchange

NYSE

Website

www.fortisinc.com

CEO

Barry Perry

Incorporated

Newfoundland, Canada

Location

Newfoundland, Canada

Fiscal year end

Dec 31

Sector

Utilities > Other Electric Power Generation

Industry (SIC)

Electric Services

NextEra Energy • Alabama Power • Edison International • Constellation Energy • Tennessee Valley Authority • Dominion Energy • PPL • Entergy Texas • SOUTHERN CALIFORNIA EDISON • Connecticut Light & Power ...

SEC CIK

0001666175

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

980352146

FTS stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

6-K

Current report (foreign)

12 Jan 23

S-8 POS

Registration of securities for employees (post-effective amendment)

9 Dec 22

F-X

Appointment of agent for service of process by issuers registering securities

21 Nov 22

F-X

Appointment of agent for service of process by issuers registering securities

21 Nov 22

F-10EF

Automatic registration of securities (Canada)

21 Nov 22

6-K

Fortis Inc. Announces First Quarter Dividends - 2023

17 Nov 22

6-K

Current report (foreign)

28 Oct 22

6-K

Fortis Inc. Releases Third Quarter 2022 Results

28 Oct 22

6-K

Fortis Inc. Announces Quarterly Dividend Increase Marking 49 Consecutive Years of Increases

28 Sep 22

6-K

To Discuss Third Quarter 2022 Results

28 Sep 22

Transcripts

View all

FTS

Earnings call transcript

2022 Q2

28 Jul 22

FTS

Earnings call transcript

2022 Q1

4 May 22

FTS

Earnings call transcript

2021 Q4

11 Feb 22

FTS

Earnings call transcript

2021 Q3

29 Oct 21

FTS

Earnings call transcript

2021 Q2

29 Jul 21

FTS

Earnings call transcript

2020 Q3

30 Oct 20

Latest ownership filings

Financial summary

Financial statements Chart FTS financial data

Quarter (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Fortis earnings reports.

Institutional ownership, Q3 2022

FTS institutional ownership history Ownership history

0.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	276	-99.3%
Opened positions	2	38	-94.7%
Closed positions	276	26	+961.5%
Increased positions	0	106	EXIT
Reduced positions	0	88	EXIT

13F shares	Current	Prev Q	Change
Total value	25.74 mm	11.18 bn	-99.8%
Total shares	673.81 k	235.93 mm	-99.7%
Total puts	0.00	1.44 mm	EXIT
Total calls	0.00	402.30 k	EXIT
Total put/call ratio	–	3.6	–

Largest owners	Shares	Value	Change
Oregon Public Employees Retirement Fund	347.60 k	$13.28 mm	NEW
State of Tennessee, Treasury Department	326.21 k	$12.46 mm	NEW

Largest transactions	Bought/sold	Change
RY Royal Bank Of Canada	-31.83 mm	EXIT
BMO Bank of Montreal	-20.44 mm	EXIT
FIL	-18.23 mm	EXIT
Vanguard	-17.20 mm	EXIT
TD Asset Management	-10.90 mm	EXIT
TD Toronto Dominion Bank	-10.61 mm	EXIT
1832 Asset Management	-10.12 mm	EXIT
GQG Partners	-9.37 mm	EXIT
BNS Bank Of Nova Scotia	-8.74 mm	EXIT
Beutel, Goodman & Co	-8.12 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Benzinga's Top Ratings Upgrades, Downgrades For December 14, 2022

14 Dec 22

Press releases

From Benzinga Pro

Advisory: Fortis Inc. to Hold Teleconference on February 10 to Discuss 2022 Annual Results

2 Feb 23

ST. JOHN'S, Newfoundland and Labrador, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) will release its 2022 financial results on Friday, February 10, 2023.

Inflation Reduction Act Fans Red-Hot Trend in Renewable Energy Market

31 Jan 23

NetworkNewsWire Editorial Coverage NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The market for renewable energy enjoys considerable tailwinds due to growing concerns about climate change, energy security and global

Fortis Inc. to Hold Teleconference on February 10 to Discuss 2022 Annual Results

12 Jan 23

ST. JOHN'S, Newfoundland and Labrador, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) will release its 2022 financial results on Friday, February 10, 2023.

UniSource Seeks Updated Electric Rates in 2024 to Support Reliable Service

18 Nov 22

Fortis Inc. Announces First Quarter Dividends - 2023

17 Nov 22