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Are you looking to buy Fort stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy TSE:FTS! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Fort stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
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 429,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona’s Mohave and Santa Cruz counties with an aggregate capacity of 3,143 megawatts (MW), including 59 MW of solar 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 1,041,000 residential, commercial and industrial and transportation customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 568,000 customers in southern and central Alberta; owns 4 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 143 MW; and on Prince Edward Island with a generating capacity of 140 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 269,000 customers in Newfoundland and Labrador; approximately 31,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos. The company 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 91,000 circuit Kilometers (km) of distribution lines; and approximately 49,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John’s, Canada.
Average volume
1.61 million shs
MARKET CAP
C$24.15 billion
Stock exchange
TSE
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TSE:FTS
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Utilities – Regulated Electric
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Utilities
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510,592 shs
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Below is a quick guide on how to buy TSE:FTS stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Fort shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Fort – Search for “”TSE:FTS”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Fort stocks with 0% commission!.
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7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Fortis in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should “buy” Fortis stock.
Wall Street analysts have given Fortis a “Buy” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Fortis wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing TSE:FTS stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Fort stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Fort stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “TSE:FTS stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some TSE:FTS stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, TSE:FTS is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Fort stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Fortis is scheduled to release its next quarterly earnings announcement on Friday, February 12th 2021.
View our earnings forecast for Fortis.
Fortis Inc. (TSE:FTS) released its quarterly earnings data on Friday, November, 2nd. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.14 billion.
View Fortis’ earnings history.
Fortis’ stock was trading at C$53.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FTS stock has decreased by 2.9% and is now trading at C$51.53.
Fortis announced a quarterly dividend on Wednesday, November 18th. Stockholders of record on Tuesday, February 16th will be paid a dividend of 0.505 per share on Monday, March 1st. This represents a $2.02 annualized dividend and a yield of 3.92%. The ex-dividend date is Monday, February 15th.
View Fortis’ dividend history.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying TSE:FTS stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Fortis pays an annual dividend of C$1.91 per share and currently has a dividend yield of 3.92%. The dividend payout ratio of Fortis is 72.02%. This payout ratio is at a healthy, sustainable level, below 75%.
View Fortis’ dividend history.
7 Wall Street analysts have issued 12 month target prices for Fortis’ stock. Their forecasts range from C$57.00 to C$64.00. On average, they expect Fortis’ stock price to reach C$60.11 in the next twelve months. This suggests a possible upside of 16.7% from the stock’s current price.
View analysts’ price targets for Fortis or view top-rated stocks among Wall Street analysts.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Fortis’ management team includes the following people:
Mr. David Gerard Hutchens, Pres, CEO & Director (Age 54, Pay $2.41M)
Ms. Jocelyn H. Perry, Exec. VP & CFO
Mr. James P. Laurito, Exec. VP of Bus. Devel. & CTO (Age 65, Pay $2.16M)
Ms. Nora M. Duke C.A., CA, Exec. VP of Sustainability & Chief Human Resource Officer (Age 59, Pay $1.45M)
Mr. Ronald J. Hinsley, Chief Information Officer & VP
Ms. Stephanie A. Amaimo, VP of Investor Relations
Mr. James R. Reid, Exec. VP, Chief Legal Officer & Corp. Sec.
Ms. Karen M. McCarthy BPR, M.Ed, VP of Communications & Corp. Affairs
Mr. Regan P. O’Dea, VP & Corp. Gen. Counsel
Mr. Gary J. Smith, Exec. VP of Eastern Canadian & Caribbean Operations (Age 59)
Some companies that are related to Fortis include innogy SE (IGY.F) (IGY), Hydro One Limited (H.TO) (H), Capital Power Co. (CPX.TO) (CPX), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Synex International Inc. (SXI.TO) (SXI), Greencoat Renewables (GRP), Plutus PowerGen (PPG), Capital Power (CPXWF), Caribbean Utilities (CUPUF), Clearway Energy (CWEN.A), Clearway Energy (CWEN/A), Endesa (ELEZY), Equatorial Energia (EQUEY) and ERM Power (EPW).
View all of FTS’s competitors.
Based on aggregate information from Reportlab research, some companies that other Fortis investors own include Enbridge Inc. (ENB.TO) (ENB), The Bank of Nova Scotia (BNS.TO) (BNS), Royal Bank of Canada (RY.TO) (RY), The Toronto-Dominion Bank (TD.TO) (TD), TELUS Co. (T.TO) (T), BCE Inc. (BCE.TO) (BCE), Bank of Montreal (BMO.TO) (BMO), Emera Incorporated (EMA.TO) (EMA), TC Energy Co. (TRP.TO) (TRP) and Canadian National Railway (CNR).
Fortis trades on the Toronto Stock Exchange (TSX) under the ticker symbol “FTS.”
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Shares of FTS and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor’s Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
One share of FTS stock can currently be purchased for approximately C$51.53.
Fortis has a market capitalization of C$24.05 billion and generates C$8.92 billion in revenue each year.
Fortis employs 9,000 workers across the globe.
The official website for Fortis is www.fortisinc.com.
Fortis is headquartered at 5 Fortis Place Suite 1100, Stn a PO Box 8837, ST. JOHNS, NL A1B 3T2, Canada.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Fort stock?
The safest and easiest way to buy TSE:FTS stock is by using a regulated broker like eToro. You can open an account with the platform, make a deposit and buy this stock all in under 5 minutes from start to finish. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:FTS stocks in a safe and complete environment.
Where to buy Fort stock?
You will first want to find a licensed broker that supports TSE:FTS stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:FTS stocks in a safe and complete environment.
Is TSE:FTS stock a good investment?
As with any other asset, there is an element of risk associated with buying TSE:FTS stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Fort stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with TSE:FTS is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Fort stock.
How do you trade Fort stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Fort stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on TSE:FTS stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Fort stock?
To sell your TSE:FTS stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Fort stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading TSE:FTS stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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