Fortis Inc (FTS)

Currency in CAD
82.57
+0.64(+0.78%)
Closed·
Trading near 52-week High
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Fair Value
Day's Range
81.8582.59
52 wk Range
63.5482.59
Key Statistics
Bid/Ask
82.00 / 82.75
Prev. Close
81.93
Open
82.18
Day's Range
81.85-82.59
52 wk Range
63.54-82.59
Volume
695.05K
Average Volume (3m)
1.59M
1-Year Change
27.7382%
Fair Value
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Fair Value Upside
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FTS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
79.43
Downside
-3.80%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period

Fortis Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

6 Buy
6 Hold
4 Sell
Ratings:
16 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 79.43
(-3.80% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Barclays
Buy83.00+0.52%84.00MaintainMay 08, 2026
BMO Capital
Hold79.00-4.32%77.00MaintainMay 07, 2026
Barclays
Buy84.00+1.73%-New CoverageApr 28, 2026
CIBC
Buy81.00-1.90%80.00MaintainApr 20, 2026
CIBC
Buy76.00-7.96%75.00MaintainDec 17, 2025

Fortis Inc Earnings Call Summary for Q1/2026

  • Fortis reported Q1 2026 net earnings of CAD 501M (CAD 0.99/share), beating expectations; stock rose 1.06% to CAD 78.33
  • Company invested CAD 1.4B in utility systems (25% of 2026 plan), targeting CAD 5.6B total capital investment for year
  • Fortis projects 7% average annual rate base growth through 2030, commits to 4%-6% annual dividend growth through 2030
  • Western Canadian Utilities and ITC Holdings delivered positive EPS contributions; regulatory wins support growth strategy
  • Key risks include regulatory hurdles, competitive bidding delays, FX fluctuations, and challenging U.S. utilities market conditions
Last Updated: 2026-05-06, 09:32 a/m
Read Full Transcript

Earnings

Latest Release
May 06, 2026
EPS / Forecast
0.99 / 0.91
Revenue / Forecast
3.4B / 3.54B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.39%
Dividend Yield
3.15%
Industry Median 3.26%
Annualized payout
2.56
Paid quarterly
5-Years Growth
+5.02%
Growth Streak

FTS Income Statement

Compare FTS to Peers and Sector

Metrics to compare
FTS
Peers
Sector
Relationship
P/E Ratio
24.3x24.6x12.0x
PEG Ratio
9.861.410.02
Price/Book
1.8x2.1x1.3x
Price / LTM Sales
3.4x3.3x1.7x
Upside (Analyst Target)
−1.7%−1.9%17.1%
Fair Value Upside
Unlock−13.6%4.1%Unlock

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Sector
Utilities
Employees
9900
Market
Canada

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
158.88M31.21%12.92B
Other Institutional Investors
113.04M22.20%9.19B
Public Companies & Retail Investors
237.22M46.59%19.28B
Total
509.13M100.00%41.39B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BMO Asset Management Corp.4.87%24,783,9692,014,689
Fidelity International Ltd3.81%19,393,7901,576,521

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FAQ

What Is the Fortis Inc (FTS) Stock Price Today?

The Fortis Inc stock price today is 82.57 CAD.

What Stock Exchange Does Fortis Inc Trade On?

Fortis Inc is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Fortis Inc?

The stock symbol for Fortis Inc is "FTS."

Does Fortis Inc Pay Dividends? What’s The Current Dividend Yield?

The Fortis Inc dividend yield is 3.1%.

What Is the Fortis Inc Market Cap?

As of today, Fortis Inc market cap is 42.04B CAD.

What Is Fortis Inc's Earnings Per Share (TTM)?

The Fortis Inc EPS (TTM) is 3.39.

When Is the Next Fortis Inc Earnings Date?

Fortis Inc will release its next earnings report on Jul 31, 2026.

From a Technical Analysis Perspective, Is FTS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Fortis Inc Stock Split?

Fortis Inc has split 1 times.

How Many Employees Does Fortis Inc Have?

Fortis Inc has 9900 employees.

What is the current trading status of Fortis Inc (FTS)?

As of Jun 27, 2026, Fortis Inc (FTS) is trading at a price of 82.57 CAD, with a previous close of 81.93 CAD. The stock has fluctuated within a day range of 81.85 CAD to 82.59 CAD, while its 52-week range spans from 63.54 CAD to 82.59 CAD.

What Is Fortis Inc (FTS) Price Target According to Analysts?

The average 12-month price target for Fortis Inc is 79.43 CAD, with a high estimate of 85 CAD and a low estimate of 70 CAD. 6 analysts recommend buying the stock, while 4 suggest selling, leading to an overall rating of Neutral. The stock has an -3.80% Downside potential.
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