C
Fortis Inc. FTS.TO
TSX
Recommendation
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Volume
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Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 2/24/2025Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 2/24/2025 due to a decline in the volatility index, valuation index and efficiency index. Net income declined 7.89% from $321.87M to $296.46M, and total capital declined 0.84% from $41.76B to $41.41B.
B
Buy 9/3/2024Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 9/3/2024 due to an increase in the total return index and volatility index.
C
Hold 8/7/2024Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 8/7/2024 due to an increase in the volatility index.
C
Hold 2/26/2024Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 2/26/2024 due to a decline in the growth index, total return index and efficiency index. Operating cash flow declined 21.76% from $700.82M to $548.33M, EBIT declined 6.36% from $623.28M to $583.61M, and earnings per share declined from $0.6027 to $0.5723.
C
Hold 11/22/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 11/22/2023 due to a noticeable increase in the growth index and total return index. Earnings per share increased from $0.4509 to $0.6027, EBIT increased 24.97% from $498.75M to $623.28M, and total revenue increased 4.98% from $1.93B to $2.03B.
C
Hold 10/9/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 10/9/2023 due to a decline in the volatility index and total return index.
C
Hold 8/30/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/30/2023 due to a decline in the volatility index, total return index and growth index. Earnings per share declined from $0.6654 to $0.4509, total revenue declined 21.31% from $2.45B to $1.93B, and EBIT declined 20.26% from $625.48M to $498.75M.
B
Buy 8/1/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 8/1/2023 due to a decline in the efficiency index, growth index and solvency index.
B
Buy 5/15/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 5/15/2023 due to an increase in the volatility index, valuation index and total return index.
B
Buy 4/13/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 4/13/2023 due to an increase in the volatility index, total return index and solvency index.
C
Hold 3/17/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 3/17/2023 due to an increase in the growth index, solvency index and total return index. Operating cash flow increased 31.96% from $485.16M to $640.21M, total revenue increased 19.28% from $1.96B to $2.33B, and earnings per share increased from $0.5212 to $0.5664.
C
Hold 2/10/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 2/10/2023 due to a decline in the total return index and solvency index.
C
Hold 1/20/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 1/20/2023 due to an increase in the total return index, volatility index and growth index.
C
Hold 11/16/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 11/16/2022 due to a decline in the volatility index, total return index and valuation index.
C
Hold 10/28/2022Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 10/28/2022 due to a major increase in the growth index, valuation index and volatility index. Earnings per share increased from $0.4624 to $0.5209, EBIT increased 9.51% from $500.82M to $548.46M, and total revenue increased 0.33% from $1.95B to $1.96B.
C
Hold 10/27/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 10/27/2022 due to a decline in the total return index, volatility index and solvency index.
C
Hold 9/30/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B on 9/30/2022 due to a significant decline in the growth index, volatility index and total return index. Earnings per share declined from $0.5809 to $0.4624, total revenue declined 12.91% from $2.24B to $1.95B, and EBIT declined 9.38% from $552.66M to $500.82M.
B
Buy 6/17/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 6/17/2022 due to a decline in the volatility index, total return index and solvency index.
B
Buy 5/19/2022Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 5/19/2022 due to an increase in the volatility index and dividend index.
B
Buy 5/4/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 5/4/2022 due to a decline in the growth index, dividend index and valuation index.
B
Buy 4/25/2022Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 4/25/2022 due to an increase in the growth index, volatility index and total return index. Total revenue increased 17.62% from $1.74B to $2.05B, earnings per share increased from $0.4921 to $0.5474, and EBIT increased 6.86% from $485.72M to $519.06M.
B
Buy 11/3/2021Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 11/3/2021 due to an increase in the total return index, growth index and dividend index. Earnings per share increased from $0.4381 to $0.4921, EBIT increased 4.84% from $463.29M to $485.72M, and total revenue increased 0.5% from $1.73B to $1.74B.
B
Buy 10/15/2021Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 10/15/2021 due to a decline in the dividend index, volatility index and efficiency index. Net income declined 25.25% from $293.06M to $219.06M.
B
Buy 4/19/2021Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 4/19/2021 due to an increase in the volatility index, growth index and total return index. EBIT increased 15.6% from $451.9M to $522.41M, earnings per share increased from $0.4715 to $0.5445, and total revenue increased 13.03% from $1.59B to $1.8B.
B
Buy 1/5/2021Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 1/5/2021 due to a decline in the volatility index and total return index.
B
Buy 12/21/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 12/21/2020 due to an increase in the volatility index and solvency index.
B
Buy 7/21/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 7/21/2020 due to a decline in the valuation index, volatility index and dividend index.
B
Buy 7/1/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 7/1/2020 due to an increase in the valuation index, total return index and dividend index.
B
Buy 6/11/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 6/11/2020 due to a noticeable decline in the growth index, volatility index and total return index. Earnings per share declined from $0.5803 to $0.4986, operating cash flow declined 8.58% from $480.33M to $439.1M, and EBIT declined 7.79% from $531.09M to $489.71M.
B
Buy 4/15/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 4/15/2020 due to a decline in the valuation index, volatility index and dividend index.
B
Buy 3/31/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 3/31/2020 due to an increase in the valuation index, total return index and dividend index.
B
Buy 3/16/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 3/16/2020 due to a decline in the volatility index, total return index and solvency index.
B
Buy 2/18/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 2/18/2020 due to a large increase in the volatility index, growth index and total return index. Earnings per share increased from $0.4771 to $0.5803, EBIT increased 19.87% from $443.06M to $531.09M, and total revenue increased 13.45% from $1.55B to $1.76B.
B
Buy 11/29/2018Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 11/29/2018 due to an increase in the volatility index, total return index and solvency index. Debt to equity declined from 1.61 to 1.55.
B
Buy 8/23/2018Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 8/23/2018 due to an increase in the dividend index.
C
Hold 8/1/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/1/2018 due to a large decline in the growth index, dividend index and valuation index. Earnings per share declined from $0.6011 to $0.4417, total revenue declined 13.16% from $1.74B to $1.51B, and EBIT declined 7.6% from $484.81M to $447.94M.
B
Buy 6/12/2018Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 6/12/2018 due to an increase in the dividend index, valuation index and total return index.
C
Hold 5/2/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 5/2/2018 due to a decline in the total return index, growth index and dividend index. Operating cash flow declined 22.73% from $602.86M to $465.83M.
B
Buy 2/13/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 2/13/2018 due to a large decline in the volatility index and total return index.
B
Buy 2/7/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 2/7/2018 due to a decline in the volatility index and total return index.
B
Buy 1/8/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to B+ from A- on 1/8/2018 due to a decline in the total return index and volatility index.
A
Buy 11/6/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to A- from B+ on 11/6/2017 due to a large increase in the growth index, total return index and valuation index. Operating cash flow increased 32.27% from $482.66M to $638.41M, earnings per share increased from $0.4586 to $0.5267, and EBIT increased 3.68% from $462.58M to $479.6M.
B
Buy 10/11/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 10/11/2017 due to an increase in the volatility index and total return index.
B
Buy 9/25/2017Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 9/25/2017 due to a decline in the total return index, volatility index and solvency index. The quick ratio declined from 0.34 to 0.33.
B
Buy 5/4/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 5/4/2017 due to a substantial increase in the growth index, volatility index and total return index. Earnings per share increased from $0.3676 to $0.5439, EBIT increased 38.03% from $350.8M to $484.21M, and operating cash flow increased 14.78% from $356.05M to $408.67M.
B
Buy 3/6/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 3/6/2017 due to an increase in the total return index, volatility index and growth index.
B
Buy 2/17/2017Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 2/17/2017 due to a substantial decline in the total return index, volatility index and valuation index.
B
Buy 7/29/2016Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from A- on 7/29/2016 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.4146 to $0.2928, total revenue declined 10.56% from $1.28B to $1.15B, and debt to equity increased from 1.37 to 1.49.
A
Buy 5/31/2016Upgraded
Fortis Inc. (FTS.TO) was upgraded to A- from B on 5/31/2016 due to a major increase in the total return index, solvency index and volatility index. Debt to equity declined from 1.52 to 1.37, and the quick ratio increased from 0.44 to 0.45.
B
Buy 3/10/2016Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 3/10/2016 due to a decline in the valuation index and dividend index.
B
Buy 2/19/2016Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 2/19/2016 due to an increase in the growth index, valuation index and dividend index. Operating cash flow increased 8.7% from $273.61M to $297.42M, and total revenue increased 6.91% from $1.2B to $1.28B.
B
Buy 2/8/2016Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 2/8/2016 due to a decline in the valuation index and dividend index.
B
Buy 1/22/2016Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 1/22/2016 due to a noticeable increase in the volatility index, valuation index and efficiency index.
B
Buy 8/3/2015Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 8/3/2015 due to a significant increase in the growth index, valuation index and solvency index. The quick ratio increased from 0.46 to 0.59, earnings per share increased from $0.5692 to $0.707, and operating cash flow increased 5% from $362.59M to $380.7M.
B
Buy 7/6/2015Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 7/6/2015 due to a decline in the volatility index and valuation index.
B
Buy 6/19/2015Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 6/19/2015 due to an increase in the valuation index, total return index and dividend index.
B
Buy 6/4/2015Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 6/4/2015 due to a noticeable decline in the volatility index, total return index and solvency index.
B
Buy 2/20/2015Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 2/20/2015 due to a major increase in the volatility index, growth index and total return index. Earnings per share increased from $0.0551 to $0.3806, operating cash flow increased 416.52% from $56.94M to $294.13M, and total revenue increased 35.61% from $1.1B to $1.49B.
B
Buy 10/2/2014Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 10/2/2014 due to an increase in the total return index and volatility index.
C
Hold 8/27/2014Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/27/2014 due to a significant decline in the growth index, valuation index and volatility index. Earnings per share declined from $0.595 to $0.2007, EBIT declined 35.5% from $280.1M to $180.65M, and total revenue declined 26.58% from $1.32B to $968.38M.
B
Buy 6/30/2014Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 6/30/2014 due to an increase in the volatility index and valuation index.
C
Hold 6/6/2014Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 6/6/2014 due to a decline in the volatility index.
B
Buy 5/21/2014Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 5/21/2014 due to a major increase in the growth index and volatility index. Earnings per share increased from $0.4482 to $0.595, EBIT increased 20.43% from $232.59M to $280.1M, and total revenue increased 12.58% from $1.17B to $1.32B.
Weiss Ratings