The Corporation's $25 billion five-year capital plan is expected to increase midyear rate base from $37.0 billion in 2023 to $49.4 billion by 2028, translating into a five-year compound annual growth rate of 6.3%3.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | Outperform → Mkt Perform | Raymond James | |
| 9/20/2024 | Underperform | BofA Securities | |
| 12/12/2023 | Neutral → Underweight | JP Morgan | |
| 12/14/2022 | Underweight → Equal Weight | Wells Fargo | |
| 10/19/2022 | Mkt Perform → Outperform | Raymond James | |
| 7/27/2022 | Buy → Hold | Edward Jones | |
| 6/30/2022 | Neutral → Sell | UBS | |
| 6/1/2022 | Equal Weight → Underweight | Wells Fargo |
6-K - Fortis Inc. (0001666175) (Filer)
6-K - Fortis Inc. (0001666175) (Filer)
6-K - Fortis Inc. (0001666175) (Filer)
SC 13G/A - Fortis Inc. (0001666175) (Subject)
SC 13G - Fortis Inc. (0001666175) (Subject)
SC 13G - Fortis Inc. (0001666175) (Subject)
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Nov. 05, 2024 (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 third quarter results.1 Highlights Third quarter net earnings of $420 million or $0.85 per common share, up from $394 million or $0.81 per common share in 2023Adjusted net earnings per common share2 of $0.85, up from $0.84 in the third quarter of 2
ST. JOHN'S, Newfoundland and Labrador, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) will release its third quarter 2024 financial results on Tuesday, November 5, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results. Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation's website, www.fortisinc.com/investors/events-and-presenta
ST. JOHN'S, Newfoundland and Labrador, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) will release its third quarter 2024 financial results on Tuesday, November 5, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results. Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation's website, https://www.fortisinc.com/investors/events-and-
Raymond James downgraded Fortis from Outperform to Mkt Perform
BofA Securities resumed coverage of Fortis with a rating of Underperform
JP Morgan downgraded Fortis from Neutral to Underweight
Scotiabank analyst Robert Hope maintains Fortis (TSX:FTS) with a Sector Perform and lowers the price target from C$60 to C$56.
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Nov. 05, 2024 (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 third quarter results.1 Highlights Third quarter net earnings of $420 million or $0.85 per common share, up from $394 million or $0.81 per common share in 2023Adjusted net earnings per common share2 of $0.85, up from $0.84 in the third quarter of 2
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2025-2029 outlook1. Highlights 2025-2029 capital plan of $26 billion, $1 billion higher than prior plan; 6.5% average annual rate base growth through 2029Incremental regulated growth driven by transmission investments at ITC and customer growth in Albe
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, July 31, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its second quarter results1 and 2024 Sustainability Report. Highlights Second quarter net earnings of $331 million or $0.67 per common share, up from $294 million or $0.61 per common share in 2023Adjusted net earnings per common share2 of $0.67, up f
ST. JOHN'S, Newfoundland and Labrador, May 02, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) announced the voting results from its Annual and Special 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, approving the non-binding advisory vote regarding the Corporation's approach to executive compensation, and approving the omnibus equity plan and related matters. Election of Directors Fortis shareholders elected the following 12 individuals to the Board to serve until the next Annual Meeting of Shareh
Tucson Electric Power (TEP) will accelerate its clean energy expansion to support anticipated growth and maintain affordable, reliable service as the company works toward a new aspirational goal: net zero direct greenhouse gas emissions by 2050. TEP's 2023 Integrated Resource Plan (IRP), filed today with the Arizona Corporation Commission (ACC), describes how the company expects to satisfy customers' increasing energy needs over the next 15 years while reducing carbon dioxide (CO2) emissions and other environmental impacts. TEP expects to add 2,240 megawatts (MW) of wind and solar generation and 1,330 MW of energy storage by 2038, as well as 400 MW of natural gas turbines to help offset
ST. JOHN'S, Newfoundland and Labrador, May 04, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (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 voting on an advisory basis to accept the Corporation's approach to executive compensation. Election of Directors Fortis shareholders elected the following 12 individuals to the Board to serve until the next Annual Meeting of Shareholders or until their successors are elected or appointed: Nominee# Votes For%