Fortis Stock News

Fortis Inc. (FTS) shares closed today at 0.2% below its 52 week high of $47.29, giving the company a market cap of $22B. The stock is currently up 19.3% year-to-date, up 18.3% over the past 12 months, and up 85.9% over the past five years. This week, the Dow Jones Industrial Average fell 2.0%, and the S&P 500 fell 2.1%. Trading Activity Trading volume this week was 2.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -51.0% The company's stock price performance over the past 12 months lags the peer average by -54.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Value Partners Investments Inc. grew its stake in shares of Fortis Inc. (NYSE:FTS) by 0.2% during the third quarter, Holdings Channel reports. The institutional investor owned 1,017,127 shares of the utilities providers stock after acquiring an additional 1,533 shares during the period. Fortis makes up about 3.8% of Value Partners Investments Inc.s holdings, making the []

Fortis Inc. (NYSE:FTS) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 4,510,000 shares, a drop of 46.7% from the November 15th total of 8,460,000 shares. Based on an average trading volume of 345,100 shares, the short-interest ratio is currently []

Fortis Inc. (TSE:FTS)s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$59.27 and last traded at C$59.22, with a volume of 575578 shares. The stock had previously closed at C$58.80. A number of brokerages have recently commented on FTS. Wolfe Research lowered shares of Fortis []

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Wells Fargo & Company MN lifted its stake in shares of Fortis Inc. (NYSE:FTS) by 41.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,795 shares of the utilities providers stock after purchasing an additional 45,977 shares during the period. Wells []

Shares of Fortis Inc. (NYSE:FTS) have received a consensus rating of Hold from the thirteen analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month []

Fortis Inc. (TSE:FTS) has received an average rating of Hold from the twelve research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a strong buy rating to the company. The average 1 year price target []

A stock market pullback may be unavoidable, but investors can seek safety in stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS). The post 3 Signs the Stock Market Could Correct appeared first on The Motley Fool Canada .

Fortis Inc. (TSE:FTS) announced a quarterly dividend on Thursday, November 18th, RTT News reports. Shareholders of record on Tuesday, February 15th will be paid a dividend of 0.535 per share on Tuesday, March 1st. This represents a $2.14 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Monday, February 14th. []

ST. JOHN’S, Terre-Neuve-et-Labrador, 19 nov. 2021 (GLOBE NEWSWIRE) -- Le conseil d’administration de Fortis Inc. (« Fortis » ou la « Société ») (TSX/NYSE:FTS) a déclaré les dividende

ST. JOHN'S, Newfoundland and Labrador, Nov. 19, 2021 (GLOBE NEWSWIRE) -- David Hutchens, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today appointed Gary Smith to

ST. JOHN''S, Newfoundland and Labrador, Nov. 19, 2021 (GLOBE NEWSWIRE) -- David Hutchens, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today appointed Gary Smith to the position of Executive Vice President, Operations and Innovation effective January 1, 2022. Smith is currently Executive Vice President, Eastern Canadian and Caribbean Operations.

LPL Financial LLC increased its stake in shares of Fortis Inc. (NYSE:FTS) by 17.9% during the second quarter, HoldingsChannel reports. The fund owned 6,562 shares of the utilities providers stock after acquiring an additional 997 shares during the quarter. LPL Financial LLCs holdings in Fortis were worth $290,000 as of its most recent filing with []

ST. JOHN'S, Newfoundland and Labrador, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends: