ITC HLDGS CORP (ITC) Stock Price, Forecast & Analysis
USA - NYSE:ITC -
ITC Key Statistics, Chart & Performance
The current stock price of ITC is 45.5 null. In the past month the price increased by 0.13%. In the past year, price increased by 34.18%.
ITC Latest News, Press Relases and Analysis
About ITC
Company Profile
ITC Holdings Corp. is in the business of electricity transmission infrastructure improvements as a means to improve electric reliability, reduce congestion and lower the overall cost of delivered energy. Through ITC operating subsidiaries, ITCTransmission and METC, we are the only publicly traded company engaged exclusively in the transmission of electricity in the United States. We are also the largest independent electric transmission company and the eighth largest electric transmission company in the country based on transmission load served. Its business strategy is to operate, maintain and invest in our transmission infrastructure in order to enhance system integrity and reliability and to reduce transmission constraints. By pursuing this strategy, we seek to reduce the overall cost of delivered energy for end-use consumers by providing them with access to electricity from the lowest cost electricity generation sources.
Company Info
ITC HLDGS CORP
27175 ENERGY WAY
NOVI MI 48377
CEO: Joseph L. Welch
Phone: 248-946-3000
ITC HLDGS CORP / ITC FAQ
What does ITC do?
ITC Holdings Corp. is in the business of electricity transmission infrastructure improvements as a means to improve electric reliability, reduce congestion and lower the overall cost of delivered energy. Through ITC operating subsidiaries, ITCTransmission and METC, we are the only publicly traded company engaged exclusively in the transmission of electricity in the United States. We are also the largest independent electric transmission company and the eighth largest electric transmission company in the country based on transmission load served. Its business strategy is to operate, maintain and invest in our transmission infrastructure in order to enhance system integrity and reliability and to reduce transmission constraints. By pursuing this strategy, we seek to reduce the overall cost of delivered energy for end-use consumers by providing them with access to electricity from the lowest cost electricity generation sources.
What is the current price of ITC stock?
The current stock price of ITC is 45.5 null. The price decreased by -1.04% in the last trading session.
What is the dividend status of ITC HLDGS CORP?
ITC HLDGS CORP (ITC) has a dividend yield of 1.89%. The yearly dividend amount is currently 0.86.
What is the ChartMill rating of ITC HLDGS CORP stock?
ITC has a ChartMill Technical rating of 6 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.
How is the valuation of ITC HLDGS CORP (ITC) based on its PE ratio?
The PE ratio for ITC HLDGS CORP (ITC) is 29.55. This is based on the reported non-GAAP earnings per share of 1.54 and the current share price of 45.5 null.
Would investing in ITC HLDGS CORP be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on ITC.
ITC Technical Analysis
ChartMill assigns a technical rating of 6 / 10 to ITC. When comparing the yearly performance of all stocks, ITC is one of the better performing stocks in the market, outperforming 78.5% of all stocks.
ITC Financial Highlights
Over the last trailing twelve months ITC reported a non-GAAP Earnings per Share(EPS) of 1.54. The EPS increased by 3.93% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 106.85% | ||
| ROA | 4.44% | ||
| ROE | 19.82% | ||
| Debt/Equity | 69.81 |