Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Fortis Inc. (FTS:NYSE), powered by AI.
Fortis Inc. is currently trading at $56.81. View real-time AI analysis on Alpha Lenz.
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Fortis Inc.'s P/E ratio is 16.4.
“Fortis Inc. trades at a P/E of 16.4 (fair value) with modest ROE of 7.3%. Operating margin of 28.7% indicates strong profitability.”
Ask for details →Fortis Inc. operates as a leading energy management and infrastructure enterprise in North America. Specializing in electric and gas utility operations, Fortis Inc. plays a crucial role in the daily energy consumption and distribution across numerous regions. The company focuses on delivering safe, reliable, and cost-effective energy solutions to its customers. With operations in Canada, the United States, and the Caribbean, Fortis Inc. oversees an extensive network of power lines and natural gas distribution systems. Its diversified assets include regulated electric utilities and natural gas distribution subsidiaries, impacting residential, commercial, and industrial sectors. As a significant player in the energy market, Fortis Inc. is committed to sustainability and aims to incorporate renewable energy sources into its portfolio. Its market presence underscores its importance in supporting infrastructure development and energy efficiency advancements across its service areas, ensuring growth and stability in the evolving energy landscape.
“Fortis Inc. trades at a P/E of 16.4 (fair value) with modest ROE of 7.3%. Operating margin of 28.7% indicates strong profitability.”
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