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Upturn AI SWOT - About
FTS 
Fortis Inc (FTS)
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Upturn Advisory Summary
04/01/2025: FTS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -7.22% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 23.13B USD | Price to earnings Ratio 20.41 | 1Y Target Price 43.59 |
Price to earnings Ratio 20.41 | 1Y Target Price 43.59 | ||
Volume (30-day avg) 564769 | Beta 0.24 | 52 Weeks Range 35.41 - 46.37 | Updated Date 04/2/2025 |
52 Weeks Range 35.41 - 46.37 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 3.73% | Basic EPS (TTM) 2.26 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.6% | Operating Margin (TTM) 29.91% |
Management Effectiveness
Return on Assets (TTM) 3.02% | Return on Equity (TTM) 7.43% |
Valuation
Trailing PE 20.41 | Forward PE 19.57 | Enterprise Value 47673086087 | Price to Sales(TTM) 2.01 |
Enterprise Value 47673086087 | Price to Sales(TTM) 2.01 | ||
Enterprise Value to Revenue 5.93 | Enterprise Value to EBITDA 12.39 | Shares Outstanding 501595008 | Shares Floating 498471162 |
Shares Outstanding 501595008 | Shares Floating 498471162 | ||
Percent Insiders 0.11 | Percent Institutions 55.46 |
Analyst Ratings
Rating 2.73 | Target Price 43.48 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 10 | Sell 2 | Strong Sell 2 | |
Strong Sell 2 |
Upturn AI SWOT
Fortis Inc
Company Overview
History and Background
Fortis Inc. was founded in 1885 as the St. John's Electric Light Company. It has evolved from a local utility to a multinational electric and gas utility holding company through strategic acquisitions and organic growth. They operate primarily in North America.
Core Business Areas
- Utilities: Regulated electric and gas utilities, including generation, transmission, and distribution services.
Leadership and Structure
Fortis Inc. is led by a Board of Directors and an executive management team headed by the President and CEO. The organizational structure is designed to manage diverse utility operations across different geographic regions.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Distribution of electricity to residential, commercial, and industrial customers. This is a core offering with varied market share depending on the specific service area. Competitors include local utility companies in each service area.
- Natural Gas Distribution: Distribution of natural gas to residential, commercial, and industrial customers. Market share is location-dependent. Competitors include other gas distribution utilities.
Market Dynamics
Industry Overview
The utility industry is characterized by regulated markets, essential services, and significant capital investments. It is undergoing changes due to increasing renewable energy adoption and infrastructure modernization.
Positioning
Fortis Inc. is a well-established player in the North American utility market, known for its regulated business model and dividend growth. Its competitive advantage lies in its diversified portfolio and experienced management team.
Total Addressable Market (TAM)
The TAM for electricity and gas utilities in North America is estimated in the hundreds of billions of dollars annually. Fortis is positioned to capture a portion of this through regulated operations and investments in renewable energy projects.
Upturn SWOT Analysis
Strengths
- Regulated business model
- Diversified geographic footprint
- Proven track record of dividend growth
- Strong financial position
- Experienced management team
Weaknesses
- Exposure to regulatory risks
- Capital-intensive business
- Dependence on economic conditions in service areas
- Vulnerable to interest rate changes.
Opportunities
- Investments in renewable energy infrastructure
- Expansion into new geographic markets
- Modernization of existing infrastructure
- Acquisition of other utility companies
Threats
- Changes in government regulations
- Rising interest rates
- Economic downturns
- Competition from alternative energy sources
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- DUK
- NEE
- SO
Competitive Landscape
Fortis Inc. competes with other major utility companies based on factors like service quality, reliability, and price. Fortis's strength is its diversified asset base and stable regulatory environment, but it needs to maintain a focus on cost management and operational efficiency.
Major Acquisitions
ITC Holdings Corp
- Year: 2016
- Acquisition Price (USD millions): 11300
- Strategic Rationale: Expansion of Fortis's transmission network and geographic footprint in the United States.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends are omitted. Fill this section with actual growth data.
Future Projections: Future growth projections are omitted. Fill this section with analyst estimates.
Recent Initiatives: Recent strategic initiatives include investments in renewable energy, infrastructure upgrades, and acquisitions of other utility assets.
Summary
Fortis Inc. is a stable and reliable utility company with a strong track record of dividend growth, underpinned by a regulated business model. Its diversified operations provide resilience, but regulatory changes and economic conditions pose potential risks. Investments in renewable energy and infrastructure modernization present significant growth opportunities. Maintaining financial discipline and operational efficiency is essential for continued success.
Similar Companies
AEP
American Electric Power Co Inc
AEP
American Electric Power Co Inc
DUK
Duke Energy Corporation
DUK
Duke Energy Corporation
NEE
Nextera Energy Inc
NEE
Nextera Energy Inc
SO
Southern Company
SO
Southern Company
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fortis Inc
Exchange NYSE | Headquaters Saint John's, NF, Canada | ||
IPO Launch date 2016-01-04 | President, CEO & Director Mr. David Gerard Hutchens | ||
Sector Utilities | Industry Utilities - Regulated Electric | Full time employees 9848 | Website https://www.fortisinc.com |
Full time employees 9848 | Website https://www.fortisinc.com | ||
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 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,0,000 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 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 70,000 customers in Ontario; approximately 277,000 customers in Newfoundland and Labrador; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 18,000 customers on certain islands in Turks and Caicos. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in Saint John's, Canada.
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