National Bank Financial Comments on Fortis’ FY2016 Earnings (FTS)
Fortis (NYSE:FTS) – Stock analysts at National Bank Financial issued their FY2016 earnings per share estimates for shares of Fortis in a research report issued on Monday. National Bank Financial analyst P. Kenny forecasts that the brokerage will post earnings per share of $1.68 for the year. National Bank Financial currently has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Fortis’ FY2017 earnings at $1.85 EPS.
Shares of Fortis (NYSE:FTS) opened at 29.88 on Thursday. The company has a market cap of $8.50 billion and a PE ratio of 20.37. The company has a 50-day moving average of $31.82 and a 200 day moving average of $32.26. Fortis has a 12 month low of $24.63 and a 12 month high of $34.66.
The business also recently disclosed a dividend, which will be paid on Thursday, December 1st. Shareholders of record on Friday, November 18th will be given a $0.298 dividend. The ex-dividend date is Wednesday, November 16th.
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