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Bullboard - Stock Discussion Forum Fortis Inc T.FTS.P.H


Primary Symbol: T.FTS Alternate Symbol(s):  T.FTS.P.K | T.FTS.P.M | FTRSF | FRTSF | FTS | FTPSF | T.FTS.P.F | T.FTS.P.G | FORFF | T.FTS.P.I | T.FTS.P.J

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC... see more

Bullboard (TSX:FTS)

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Comment by bossuon Feb 23, 2021 11:30am

RE:RE:RE:RE:RE:RE:RE:RE:RE:Possible cause of FTS stock decrease on Friday

Not a bad idea.Low volatility Big volume yesterday and has lost almost 0,48 in 6 days . Thank you but not certain about making any moove... This morning opening gave us an ''mini'' ...more  
Comment by Shadow1973on Feb 22, 2021 6:04pm

RE:RE:RE:RE:RE:RE:RE:RE:Possible cause of FTS stock decrease on Friday

Bossu, I moved to ZPAY, which is a covered called ETF with less volatility. Pays 16 cents per share monthly, 6% annual yield. Ex dividend is Feb 24 so you can still buy tomorrow.
Comment by bossuon Feb 22, 2021 12:56pm

RE:RE:RE:RE:RE:RE:RE:Possible cause of FTS stock decrease on Friday

However  analysts are recommending this stock and downside risk low ! Dividend storey exceptionnal and actual yield is 4 .0% Morningstar has 4 stars. And under $ 50 now But share price@ below 250 ...more  
Comment by Dibah420on Feb 22, 2021 8:52am

RE:RE:RE:RE:RE:Possible cause of FTS stock decrease on Friday

RFguy.  I see US 10 yrs are up to 1.37 and the macro scene aligns with your views.  But sometimes little things can make a difference.  I'll wager a pint that FTS will open green ...more  
Comment by rfguysdon Feb 21, 2021 7:30pm

RE:RE:RE:RE:Possible cause of FTS stock decrease on Friday

Dibah... I  go back  to the fundamentals and ignore all other noise.  Big Money  want the Treasuries yields higher since  Big Money thinks higher  interest rates and ...more  
Comment by Dibah420on Feb 20, 2021 3:27pm

RE:RE:RE:Possible cause of FTS stock decrease on Friday

Thank you RFguy. Yes I was able to see the graph.  No denying Tbills are on the uptrend.  But will the central banks go the same direction? Neither the Fed Chief nor the Gov. of BoCanada ...more  
Comment by rfguysdon Feb 20, 2021 2:00pm

RE:RE:Possible cause of FTS stock decrease on Friday

Maybe so Dibah420  but  all (most?)  of  the utilities  pulled  back  for  this reason.  https://www.cnbc.com/quotes/US10Y  .     I ...more  
Comment by mydividendson Feb 20, 2021 1:55pm

RE:RE:RE:?????

I was going to mention something similar Vega. From the WSJ: "The yield on the benchmark 10-year Treasury note finished Friday’s session at 1.344%, according to Tradeweb. That’s up from 1.286% ...more  
Comment by Vega1357on Feb 20, 2021 1:17pm

RE:RE:?????

Well, I don't think you can see straight. The yield on the Canada 10 year bond is 1.21% while the dividend yield of FTS if 4.02%. That makes the yield differential 2.81% which is at the high end ...more  
Comment by Vega1357on Feb 20, 2021 1:00pm

RE:Possible cause of FTS stock decrease on Friday

I think the impact of this on the share price yesterday was next to nothing as this isn't a big deal.
Comment by Dibah420on Feb 20, 2021 12:03pm

RE:Possible cause of FTS stock decrease on Friday

S1973:  Thank you for your interesting find. There are a couple of reasons why this can't be the probable cause for the decline in FTS share price.  First the news release was timed at 8 ...more  
Post by Shadow1973on Feb 20, 2021 9:59am

Possible cause of FTS stock decrease on Friday

I had to do some digging,but found that ITC holding (US utility owned by Fortis) just lost a court decision regarding rate incentives for power transmission. Not sure how much of a big deal this is ...more  
Comment by Shadow1973on Feb 19, 2021 8:25pm

RE:RE:?????

The last time FTS closed lower than this was in March, so not sure how much more downside is in the cards. 
Comment by Vega1357on Feb 19, 2021 2:28pm

RE:RE:?????

I tend to agree with you but today's drop is mostly impacting FTS and EMA and some of the utitities stocks are up on the day. I don't have any cash left to buy any more FTS, but if I did, yes, ...more  
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