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Thursday June 20, 2013 4:08 AM ET. Data delayed 15 minutes.
32.58
-0.65 (-1.96%)
Bid/Lots
32.51/10
Ask/Lots
32.59/2
Open/Prev Close
33.18/33.23
Day Range
32.39-33.23
52-Week Range
31.71-35.15
Vol/Avg Daily Vol
592.0K/671.7K
Price Comparison Chart
Data delayed at least 15 minutes.

Recent News»

0 New Today
RPT-Fitch: Fortis Merger Unlikely To Affect Central Hudson Gas & Electric on First Look
8:42AM ET on Monday Jun 17, 2013 by Thomson Reuters

June 17 (Reuters) - (The following statement was released by the rating agency)

Based on its initial review of the provisions included in the approved...

CANADA RESEARCH ROUNDUP: Agrium, Fortis, Lundin Mining
9:20AM ET on Friday Jun 14, 2013 by Thomson Reuters

June 14 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Agrium and Fortis, on Friday....

UPDATE 1-NY approves CH Energy sale to Fortis of Canada
2:29PM ET on Thursday Jun 13, 2013 by Thomson Reuters

June 13 (Reuters) - New York utility regulators on Thursday approved Canadian power company Fortis Inc's $1.5 billion purchase of CH Energy Group Inc,...

NY approves sale of Central Hudson utility to Fortis of Canada
1:59PM ET on Thursday Jun 13, 2013 by Thomson Reuters

June 13 (Reuters) - New York utility regulators on Thursday approved Canadian power company Fortis Inc's $1.5 billion agreement to buy CH Energy Group...

Fortis Inc. Acquisition of CH Energy Group, Inc. Approved by New York State Public Service Commission
1:45PM ET on Thursday Jun 13, 2013 by Marketwire

Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) and CH Energy Group, Inc. ("CH Energy Group") (NYSE: CHG), the parent company of Central Hudson Gas & Electric Corporation ("Central Hudson"), announced today that the New York State Pu...

Company Information

Fortis Inc. (Fortis) is a distribution utility in Canada, serving more than 2,000,000 gas and electricity customers. Fortis regulated holdings include electric utilities in five Canadian provinces and two Caribbean countries and a natural gas utility in British Columbia, Canada. Fortis owns non-regulated generation assets, primarily hydroelectric, across Canada and in Belize and Upper New York State, and hotels and commercial office and retail space in Canada. Its operating segments include Regulated Gas Utilities - Canadian; Regulated Electric Utilities - Canadian; Regulated Electric Utilities - Caribbean; Non-Regulated - Fortis Generation; Non-Regulated - Fortis Properties, and Corporate and Other. As of December 31, 2011, its non-regulated generation assets had a combined generating capacity of 139 mega-watts. As of December 31, 2011, Fortis Properties owned and operated 22 hotels. In October 2011, the Company acquired Hilton Suites Winnipeg Airport hotel.

CONTACT INFORMATION

HeadquartersSuite 1201
Fortis Building, 139 Water Street,
ST. JOHNS, NL, Canada A1B 3T2
Phone709-737-2800
Fax709-737-5307

EXECUTIVE OFFICERS

Independent Chairman of the BoardDavid Norris
President, Chief Executive Officer, DirectorH. Stanley Marshall
Chief Financial Officer, Vice President - FinanceBarry Perry
Vice President, General Counsel, Corporate SecretaryRonald McCabe
Assistant SecretaryDonna Hynes

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Market Cap$6.3BBeta0.14
Revenue (TTM)$3.6BEPS$1.67
Shares Out.192.7MBook Value$26.62
Dividend Yield3.81%P/E19.6x
Annual Dividend Rate$1.24Price/Sales (TTM)1.7
Ex-Div Date8/14/13P/Cash Flow (TTM)7.7x
Pay Date9/1/13Operating Margin22.03%

*GAAP = prior to non-GAAP analyst adjusted earnings.

(Non-GAAP)*

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