Fortis Inc (FTS)

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Fortis Inc (FTS) is up 9.6% since the beginning of the year. At $56 per share, FTS is trading 4.7% below its 52-week high of $59. Investors who bought $1,000 worth of FTS shares 5 years ago would now be looking at an investment worth $1,509.

Fortis Inc (FTS) has returned 9.64% so far this year and 23.19% over the past 12 months. Over the last ten years, FTS has returned 9.84% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, FTS's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, an investment would double in approximately 5.6 years.

Historically, 58% of months were positive and 42% were negative. The best month was Mar 2016 with a return of +13.3%, while the worst month was Sep 2022 at -13.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FTS closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +11.2%, while the worst single day was Mar 12, 2020 at -12.1%.

Fortis Inc has an annualized alpha of 6.36%, beta of 0.50, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (47.54%) than losses (25.03%) - typical of diversified or defensive assets.
• Beta of 0.50 may look defensive, but with R2 of 0.21 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.21 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FTS ranks 85 for risk / return — in the top 85% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Fortis Inc provided a 3.28% dividend yield over the last twelve months, with an annual payout of $1.84 per share.

The table displays the monthly dividend distributions for Fortis Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fortis Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fortis Inc was 34.36%, occurring on Mar 23, 2020. Recovery took 247 trading sessions.

The current Fortis Inc drawdown is 3.56%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Fortis Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Fortis Inc is priced in the market compared to other companies in the Utilities - Regulated Electric industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.