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Closing Bell: Fortis Inc down on Tuesday (FTS)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today, shares of Fortis Inc opened at $57.65 and closed at $58.44. It traded at a low of $57.50 to a high of $58.66.

Share prices eased -0.97 percent from the previous day's close of $59.01.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 2,791,630 shares was traded during the session, with total trades of 7,404. On average, Fortis Inc has traded 1,828,989 shares in the last five days and 1,612,880 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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 8.75% in the last 12 months, while in 2024, they have advanced 7.21%.

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. From those 10 analysts, 1 have buy ratings, 2 have sell ratings and 7 analysts gave hold ratings.

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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..