Gary Smith - Fortis President
| FTS Stock | USD 39.16 0.06 0.15% |
President
Mr. Gary J. Smith is Executive Vice President Eastern Canadian and Caribbean Operations of the Company. Mr. Smith served as President and Chief Executive Officer at Newfoundland Power from 2014 to June 2017 and Vice President, Customer Operations and Engineering at Newfoundland Power from 2008 to 2014. since 2022.
| Age | 62 |
| Tenure | 2 years |
| Address | Fortis Place, St. John's, NF, Canada, A1E 0E4 |
| Phone | 709 737 2800 |
| Web | https://www.fortisinc.com |
Gary Smith Latest Insider Activity
Tracking and analyzing the buying and selling activities of Gary Smith against Fortis stock is an integral part of due diligence when investing in Fortis. Gary Smith insider activity provides valuable insight into whether Fortis is net buyers or sellers over its current business cycle. Note, Fortis insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fortis'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Gary Smith over a week ago Disposition of 4166 shares by Gary Smith of Ciena Corp at 44.7976 subject to Rule 16b-3 | ||
Gary Smith over a month ago Disposition of 4166 shares by Gary Smith of Ciena Corp at 49.8386 subject to Rule 16b-3 | ||
Gary Smith over two months ago Disposition of 4166 shares by Gary Smith of Ciena Corp at 56.8623 subject to Rule 16b-3 | ||
Gary Smith over two months ago Sale by Gary Smith of 4166 shares of Ciena Corp |
Fortis Management Efficiency
The company has Return on Asset of 0.0302 % which means that on every $100 spent on assets, it made $0.0302 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0741 %, implying that it generated $0.0741 on every 100 dollars invested. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, Fortis' Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.31 in 2024, whereas Intangible Assets are likely to drop slightly above 797 M in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.0741 | ||||
| Return On Asset | 0.0302 |
Fortis Inc Leadership Team
Elected by the shareholders, the Fortis' board of directors comprises two types of representatives: Fortis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortis. The board's role is to monitor Fortis' management team and ensure that shareholders' interests are well served. Fortis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Smith, Executive Vice President - Eastern Canadian and Caribbean Operations | ||
| Julie Dobson, Independent Director | ||
| Jocelyn Perry, Chief Financial Officer, Executive Vice President | ||
| Earl Ludlow, Executive Vice President - Eastern Canadian and Caribbean Operations | ||
| James Laurito, Executive Vice President - Business Development, Chief Technology Officer | ||
| Ronald Hinsley, Chief Information Officer, Vice President | ||
| Lawrence Borgard, Independent Director | ||
| Karl Smith, Executive Vice President CFO | ||
| David Hutchens, Chief Operating Officer, Executive Vice President - Western Utility Operations, Fortis | ||
| Karen Gosse, Vice President - Planning and Forecasting | ||
| Alphonse Delaney, Executive Vice President, Chief Information Officer | ||
| Susan Gray, Ex Operations | ||
| Jamie Roberts, Vice President Controller | ||
| Barry Perry, President, Chief Executive Officer, Director | ||
| Joseph Welch, Non - Independent Director | ||
| Jo Zurel, Independent Director | ||
| Karen Mccarthy, Vice President - Communications and Corporate Affairs | ||
| Janet Craig, Vice President of Investor Relations | ||
| Ida Goodreau, Independent Director | ||
| Margarita Dilley, Independent Director | ||
| Douglas Haughey, Independent Non-Executive Chairman of the Board | ||
| Maura Clark, Independent Director | ||
| Stephanie Amaimo, Vice President - Investor Relations | ||
| Harry McWatters, Independent Director | ||
| Pierre Blouin, Independent Director | ||
| Regan ODea, Vice President, General Counsel - Corporate | ||
| David Bennett, Vice President Chief Legal Officer and Corporate Secretary | ||
| James Spinney, Vice President Treasurer | ||
| Lisa Durocher, Director | ||
| Phonse Delaney, Executive Vice President, Chief Information Officer | ||
| Kevin Woodbury, Vice Technology | ||
| James Reid, Executive Vice President Chief Legal Officer and Corporate Secretary | ||
| Tanya Finlay, Vice Culture | ||
| Stuart Lochray, Senior Development | ||
| Nora Duke, Executive Vice President - Corporate Services and Chief Human Resource Officer | ||
| Paul Bonavia, Independent Director | ||
| Ronald Munkley, Independent Director | ||
| Peter Case, Independent Director | ||
| Tracey Ball, Independent Director | ||
| Gianna Manes, Director | ||
| MEd BPR, Vice Relations |
Fortis Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fortis a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0741 | ||||
| Return On Asset | 0.0302 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 52.05 B | ||||
| Shares Outstanding | 493 M | ||||
| Shares Owned By Institutions | 57.79 % | ||||
| Number Of Shares Shorted | 8.81 M | ||||
| Price To Earning | 19.51 X | ||||
| Price To Book | 1.28 X |
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When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.
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Is Fortis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortis. If investors know Fortis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.013 | Dividend Share 2.285 | Earnings Share 2.26 | Revenue Per Share 23.683 | Quarterly Revenue Growth (0.09) |
The market value of Fortis Inc is measured differently than its book value, which is the value of Fortis that is recorded on the company's balance sheet. Investors also form their own opinion of Fortis' value that differs from its market value or its book value, called intrinsic value, which is Fortis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortis' market value can be influenced by many factors that don't directly affect Fortis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.