Toronto - Free Realtime Quote • CAD Fortis Inc. (FTS-PM.TO) Follow Compare 21.42 +0.16 +(0.75%) As of 3:14:17 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Fortis Inc. Announces Changes to Its Board of Directors ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced changes to its Board of Directors. The Board has accepted Ms. Lisa Crutchfield’s resignation as a director of the Corporation effective December 31 Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners ST. JOHN'S, Newfoundland and Labrador, Dec. 18, 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, joined Wataynikaneyap Power and its 24 First Nations partners in celebrating the construction of the Wataynikaneyap Power transmission system at a gathering in Thunder Bay last week. The transmission system, which includes 1,800 kilometres of transmission lines and 22 subs Fortis Inc. to Renew At-The-Market Equity Program ST. JOHN'S, Newfoundland and Labrador, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that it will renew its at-the-market equity program (the "ATM Program") allowing the Corporation to issue up to C$500,000,000 (or its U.S. dollar equivalent) of common shares (the "Common Shares") from treasury to the public from time to time, at the Corporation's discretion. Any Common Shares sold in the ATM Program will be sold through the Toronto Fortis Inc. Announces First Quarter Dividends – 2025 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, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on March 1, 2025 to the Shareholders of Record of the following Shares of the Corporation A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS) Key Insights The projected fair value for Fortis is CA$67.03 based on 2 Stage Free Cash Flow to Equity Current share... Earnings Report: Fortis Inc. Missed Revenue Estimates By 6.4% As you might know, Fortis Inc. ( TSE:FTS ) recently reported its third-quarter numbers. Results look mixed - while... Fortis Reports Earnings Boost and Unveils Major Capital Plan Fortis (TSE:FTS) has released an update. Fortis Inc., a leading North American utility company, reported a rise in third-quarter net earnings to $420 million, benefiting from increased rate base growth and new rates at Tucson Electric Power. The company announced a 4.2% dividend hike and unveiled a $26 billion capital plan for 2025-2029, aiming for significant infrastructure investments and steady dividend growth. With a focus on regulated growth, Fortis continues to enhance shareholder value wh Fortis Third Quarter 2024 Earnings: Revenues Disappoint Fortis ( TSE:FTS ) Third Quarter 2024 Results Key Financial Results Revenue: CA$2.77b (up 1.9% from 3Q 2023). Net... Fortis Inc (FTS) Q3 2024 Earnings Call Highlights: Strategic Investments and Dividend Growth ... Fortis Inc (FTS) reports solid Q3 performance with a $26 billion five-year capital plan and a 4% dividend increase, while navigating regulatory hurdles. Fortis Posts Q3 Adjusted Earnings Beat With Continued Focus on Capital Plan Fortis Posts Q3 Adjusted Earnings Beat With Continued Focus on Capital Plan Fortis Inc. Releases Third Quarter 2024 Results 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 Advisory: Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results ST. JOHN'S, Newfoundland and Labrador, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/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, With 55% ownership, Fortis Inc. (TSE:FTS) boasts of strong institutional backing Key Insights Given the large stake in the stock by institutions, Fortis' stock price might be vulnerable to their... Bank of Nova Scotia's Strategic Acquisition of Fortis Inc. Shares On December 30, 2022, Bank of Nova Scotia significantly increased its stake in Fortis Inc., a leading utility company. This transaction not only increased the firm's position in Fortis Inc. by 175.94% but also had a notable impact of 1.96% on its portfolio, emphasizing the strategic importance of this investment. Bank of Nova Scotia, headquartered at 44 King Street West, Toronto, is a prominent player in the investment arena, managing an equity portfolio worth $50.51 billion. Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results ST. JOHN'S, Newfoundland and Labrador, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/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, Can Fortis Inc. (TSE:FTS) Improve Its Returns? While some investors are already well versed in financial metrics (hat tip), this article is for those who would like... Fortis Announces Record $26 Billion Capital Plan Fortis (TSE:FTS) has released an update. Fortis Inc. has unveiled its largest five-year capital plan yet, totaling $26 billion, aiming for a 6.5% annual rate base growth through 2029, fueled by significant transmission and customer growth investments. The plan includes a 4.2% increase in the fourth quarter dividend, continuing a 51-year streak of dividend growth, with guidance for 4-6% annual dividend growth through 2029. Funding for the plan will primarily come from operations and regulated deb Fortis raises quarterly dividend by 4.2% to C$0.615 per share The company states: “The common share dividend declared of $0.615 per share represents an approximate 4.2% increase in the quarterly dividend, marking 51 consecutive years of increased dividends. Fortis expects its long-term growth in rate base will drive earnings that support annual dividend growth. The Corporation’s annual dividend growth guidance of 4-6% has been extended one year through 2029.” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ne Fortis announces new C$26B 5-year capital plan The company states: “Today the Corporation announced its new 2025-2029 capital plan of $26.0 billion, $1.0 billion higher than the previous five-year plan. The increase is driven by projects associated with the Midcontinent Independent System Operator long-range transmission plan and resiliency investments at ITC, as well as distribution investments largely due to customer growth at FortisAlberta. The five-year capital plan is low-risk and highly executable, with nearly all investments being reg Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend 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") (TSX/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 pla Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return FTS-PM.TO S&P/TSX Composite index YTD +1.76% +0.79% 1-Year +23.59% +18.22% 3-Year +5.79% +16.19%