Closing Bell: Fortis Inc up on Wednesday (FTS)

Today, shares of Fortis Inc opened at $57.67 and closed at $57.72. prices ranged from a low of $56.76 to a high of $57.94.

The price boosted 1.05% from the previous day's close of $57.12.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Fortis Inc traded under FTS on the Toronto Stock Exchange (TSX).

A total of 1,577,361 shares was traded during the session, with total trades of 6,924, with an average volume of 1,578,308 in the last five days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, FTS.TO has traded as high as $57.94 (July 31,2024) and low as $49.82 (October 02,2023). Moreover, the shares have raised 2.96% in the last 12 months, while this year, they have advanced 5.89%.

It announced a 0.59 dividend on February 08/24, with an May 16/24 ex-date and June 01/24 pay day.

Following today's trading, Fortis Inc has a market capitalization of $28.16 billion on a float of 493,005 shares outstanding. Its annual EPS is $3.13.

Fortis Inc is a TSX Utilities Regulated Electric company headquartered in Saint John’s, CAN.

Fortis Inc is holding an average recommendation of "Hold" from 10.00 analysts according to Zacks. From those 10 analysts, 1 have buy ratings, 2 have sell ratings and 7 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..