Closing Bell: Fortis Inc up on Friday (FTS)

Today in trading, Fortis Inc shares closed at $59.01 after opening the day at $57.88. prices ranged from $57.79 to $59.15.

The price advanced 1.92% from the previous day's close of $57.90.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 1,735,458 on 8,888 total trades. On average, Fortis Inc has traded 1,778,588 shares in the last five days and 1,605,096 year-to-date.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, FTS.TO has traded as high as $59.15 (August 02,2024) and low as $49.82 (October 02,2023). Moreover, the shares have advanced 6.46% in the last 52 weeks, while in 2024, they have gained 8.26%.

It announced a 0.59 dividend on July 30/24, with an August 20/24 ex-date and September 01/24 pay day.

Following today's trading, Fortis Inc has a market capitalization of $29.22 billion on a float of 495,200 shares outstanding. Its annual EPS is $3.19.

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

Currently, Fortis Inc's consensus rating is "Hold" based on 10 analysts according to Zacks. Currently, there are 1 buy ratings, 2 sell ratings and 7 hold ratings for the stock.

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