Fortis Inc.

NYSE:FTS  
45.45
-0.58 (-1.26%)
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Market Cap (Intraday)21.33B
Current PE14.90
Forward PE 20.02
2yr Forward PE 18.86
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Estimates Current Quarter
Revenue$1.74 Billion
Adjusted EPS$0.49
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10-Day MA$46.07
50-Day MA$44.70
200-Day MA$40.70
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Fortis Inc. Stock, NYSE:FTS

Fortis Place, 5 Springdale Street, St. John's, Newfoundland and Labrador A1B 3T2
Canada
Phone: +1.709.737.2800
Number of Employees: 8961

Description

Fortis, Inc. is an international electric and gas utility holding company. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment comprises of ITC, which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson, which provides regulated electric and gas T&D utility services; FortisBC Energy distributes natural gas in British Columbia; FortisAlberta, which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure, which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia; and Corporate & Other includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.