Published on 4 Apr 2024 on Simply Wall St. via Yahoo Finance
Fortis (TSE:FTS) investors are sitting on a loss of 6.3% if they invested a year ago
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in Fortis Inc. (TSE:FTS) have tasted that bitter downside in the last year, as the share price dropped 10%. That's well below the market return of 12%. At least the damage isn't so bad if you look at the last three years, since the stock is down 3.3% in that time.
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.
See our latest analysis for Fortis