Fortis Inc. (TSX:FTS)

Canada flag Canada · Delayed Price · Currency is CAD
65.28
+0.66 (1.02%)
Jun 23, 2025, 4:00 PM EDT
23.87%
Market Cap 32.41B
Revenue (ttm) 11.73B
Net Income (ttm) 1.65B
Shares Out 501.59M
EPS (ttm) 3.31
PE Ratio 19.52
Forward PE 18.88
Dividend 2.46 (3.81%)
Ex-Dividend Date May 16, 2025
Volume 985,049
Average Volume 1,581,581
Open 64.70
Previous Close 64.62
Day's Range 64.70 - 65.54
52-Week Range 52.68 - 69.24
Beta 0.34
RSI 48.04
Earnings Date Jul 30, 2025

About Fortis

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 ... [Read more]

Sector Utilities
Founded 1885
Employees 9,848
Stock Exchange Toronto Stock Exchange
Ticker Symbol FTS
Full Company Profile

Financial Performance

In 2024, Fortis's revenue was 11.51 billion, a decrease of -0.08% compared to the previous year's 11.52 billion. Earnings were 1.61 billion, an increase of 6.64%.

Financial Statements

News

Fortis Healthcare Recognized for its Global Contribution to Medical Value Travel at Advantage Healthcare India 2025

NEW DELHI, India--(BUSINESS WIRE)---- $FORTIS #AdvantageHealthCareIndia--Fortis Healthcare recognized for its global contribution to Medical Value Travel at Advantage Healthcare India 2025.

13 days ago - Business Wire

June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs

Most Dividend Kings are currently overpriced, but six offer fair value where annual dividends from $1,000 invested exceed their share price. Three top-yield Dividend Kings—Altria, Northwest Natural, a...

19 days ago - Seeking Alpha

Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions

ST. JOHN'S, Newfoundland and Labrador, June 02, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 11,298 of its 7,665,082 issued and outstanding Cumu...

21 days ago - GlobeNewsWire

Fortis says docs not given chances to explain, says hospital, DMC says duo did not respond

New Delhi: The controversy over Delhi Medical Council's (DMC) decision to bar two Fortis doctors from identifying themselves as neonatologists and sup.

25 days ago - The Times of India

Important Warning For Utility Stocks: 2 Major Risks You Need To See Before Buying

Utilities have outperformed the market—here's why that trend could suddenly reverse. Warren Buffett issued a chilling warning about utilities—investors should take notice. We share our current outlook...

6 weeks ago - Seeking Alpha

Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, and Say on Pay

ST. JOHN'S, Newfoundland and Labrador, May 08, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders...

6 weeks ago - GlobeNewsWire

What The Smartest Canadian Investors Hold In Their Dividend Growth Portfolios

Fortis is a classic utility offering its customers transmission and distribution of electricity and natural gas. Fortis faces headwinds from its capital-intensive business model and reliance on regula...

6 weeks ago - Seeking Alpha

Fortis Inc. (FTS) Q1 2025 Earnings Call Transcript

Fortis Inc. (NYSE:FTS) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants David Hutchens - President, Chief Executive Officer Jocelyn Perry - Executive Vice President, Chief...

6 weeks ago - Seeking Alpha

Fortis Inc. Releases First Quarter 2025 Results

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement  dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2...

6 weeks ago - GlobeNewsWire

Earnings Scheduled For May 7, 2025

Companies Reporting Before The Bell • Wallbox (NYSE: WBX) is estimated to report earnings for its first quarter. • Liberty Broadband (NASDAQ: LBRDK) is likely to report quarterly earnings at $0.00 p...

6 weeks ago - Benzinga

Buy 3 "Safer" Dividend Kings Of 25 From May's 55

The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kin...

6 weeks ago - Seeking Alpha

Stocks to watch today on May 6: Paras Defence, Fortis, RIL, CAMS, Prataap Snacks, Glenmark, IEX, Indian Hotels in focus

A slew of corporate developments and quarterly earnings results are set to steer investor sentiment in Tuesday’s trade. Here are the top stocks to watch today: Paras Defence and Space Technologies The...

7 weeks ago - Business Upturn

Advisory: Fortis Inc. to Hold Teleconference and Webcast on May 7 to Discuss First Quarter 2025 Results and Hold Annual Meeting on May 8

ST. JOHN'S, Newfoundland and Labrador, April 29, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2025 financial results on Wednesday...

7 weeks ago - GlobeNewsWire

2025 Dividend Kings: Weathering Tariff Volatility Better Than The Market

The Dividend Kings are outperforming the S&P 500 in 2025 by 8.94%. Top performers include National Fuel & Gas (+28.88%), Consolidated Edison (+28.10%), and Middlesex Water Company (+21.00%). Promising...

2 months ago - Seeking Alpha

Fortis Adds Strategic C-Suite Leaders to Accelerate Embedded Payments Growth

PLANO, Texas, April 22, 2025 /PRNewswire/ -- Fortis, the ... Full story available on Benzinga.com

2 months ago - Benzinga

Fortis Inc. to Hold Teleconference and Webcast on May 7 to Discuss First Quarter 2025 Results and Hold Annual Meeting on May 8

ST. JOHN'S, Newfoundland and Labrador, April 08, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2025 financial results on Wednesday...

2 months ago - GlobeNewsWire

Billionaire Investor: 'Do Not Catch Falling Knives,' Buy Dividends Instead - Our Picks

A leading billionaire investor is warning that the market is a falling knife. He instead thinks investors should load up on high-quality dividend stocks instead. 10%+ return potential, deep discounts,...

2 months ago - Seeking Alpha

GMC partners with Fortis to enhance cardiac services

Panaji: Goa Medical College has tied up with the cardiovascular and thoracic surgery council, Fortis Healthcare Ltd, India, and Cardiac Sciences to st.

2 months ago - The Times of India

Buy 3 'Safer' Dividend Kings Of 25 From March's 55

The article highlights 55 Dividend Kings, noting that five of the top ten by yield offer annual dividends from a $1K investment exceeding their single share prices. Analysts predict top-ten Kingly net...

3 months ago - Seeking Alpha

Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes

Not for distribution to U.S. news wire services or dissemination in the United States. This news release constitutes a "designated news release" for the purposes of the Corporation's prospectus supple...

3 months ago - GlobeNewsWire

Fortis Inc. Announces Pricing of Senior Unsecured Notes

Not for distribution to U.S. news wire services or dissemination in the United States. This news release constitutes a "designated news release" for the purposes of the Corporation's prospectus supple...

3 months ago - GlobeNewsWire

10 Dividend Aristocrat Bargains To Help You SWAN During This Trade War Turmoil

The trade war is causing market volatility, with stocks falling and bonds performing well as investors seek hedges against economic slowdown fears. Dividend aristocrats, particularly low-volatility, d...

3 months ago - Seeking Alpha