A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS) [Yahoo! Finance]
Fortis Inc. Common Shares (FTS)
Last fortis inc. common shares earnings: 2/13 06:00 am
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US:NYSE Investor Relations:
fortisinc.com/investor-relations/investor-relations
Company Research
Source: Yahoo! Finance
This suggests that Fortis is potentially trading close to its fair value, with the current share price of CA$62.50 being only 6.8% lower than the estimated fair value. The CA$60.43 analyst price target for FTS is 9.8% less than our estimate of fair value, indicating that the analyst's target is lower than the estimated fair value of CA$67.03. The DCF model uses a 2-stage model with two different periods of growth rates for the company's cash flows. The model assumes a 5.6% discount rate, based on a levered beta of 0.800, and a terminal growth rate of 2.3%, which is the 5-year average of the 10-year government bond yield. The DCF model does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Additionally, the model is sensitive to the assumptions used, such as the discount rate and growth rates, and changes to these assumptions can significantly impact the valuat
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News
- Six Canadian utility stocks with consistent dividends set to benefit from falling rates [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Fortis Inc. (NYSE: FTS) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.MarketBeat
- Fortis Inc (FTS) Q3 2024 Earnings Call Highlights: Strategic Investments and Dividend Growth ... [Yahoo! Finance]Yahoo! Finance
- Fortis Inc. Releases Third Quarter 2024 Results [Canadian Business Journal (Canada)]Canadian Business Journal
- Fortis Inc. Releases Third Quarter 2024 ResultsGlobeNewswire
FTS
Earnings
- 11/5/24 - Beat
FTS
Sec Filings
- 11/5/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/10/24 - Form SC
- FTS's page on the SEC website