Is Fortis Inc stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Fortis Inc pays dividends. Last time was Sunday 1st of September 2024 where the investors holding the stock on Tuesday 20th of August 2024 were paid $0.4329 per share. Over the last 55 times between 2010 and 2024, Fortis Inc has paid $18.97811 with an average of $0.35 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Fortis Inc 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $42.08, you would have made a profit of $2.51 per share or 5.96%
Yes, the average daily trading liquidity for Fortis Inc is $592 179 thousand. You should therefore be able to get in and out of your positions relatively fast.
Fortis Inc has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.11, the company's ability to pay off the debt is normal. Fortis Inc has a good net profit margin of 14.11% and should have high tolerances against inflation.
We have calculated the inflation risk for Fortis Inc to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.