Fortis Inc. (TSX:FTS)
Canada · Delayed Price · Currency is CAD | Market Cap | 38.71B +9.8% |
| Revenue (ttm) | 12.35B +4.0% |
| Net Income | 1.73B +2.1% |
| EPS | 3.40 +0.0% |
| Shares Out | 509.13M |
| PE Ratio | 22.36 |
| Forward PE | 20.27 |
| Dividend | 2.56 (3.37%) |
| Ex-Dividend Date | Aug 19, 2026 |
| Volume | 1,132,977 |
| Open | 75.93 |
| Previous Close | 75.92 |
| Day's Range | 75.71 - 76.30 |
| 52-Week Range | 69.06 - 83.75 |
| Beta | 0.41 |
| Analysts | Hold |
| Price Target | 80.96 (+6.48%) |
| Earnings Date | Nov 3, 2026 |
About Fortis
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... [Read more]
Financial Performance
In 2025, Fortis's revenue was 12.17 billion, an increase of 5.75% compared to the previous year's 11.51 billion. Earnings were 1.71 billion, an increase of 6.72%.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for FTS stock is "Hold." The 12-month stock price target is $80.96, which is an increase of 6.48% from the latest price.
News
Fortis Slides: Q3 2026
Fortis has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 3, 2026.
Fortis Inc. to Hold Teleconference and Webcast on November 3 to Discuss Third Quarter 2026 Results and New Five-Year Capital Outlook
ST. JOHN’S, Newfoundland and Labrador, Oct. 05, 2026 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its third quarter 2026 financial results and new five-y...
Fortis Inc. to Hold Teleconference and Webcast on November 3 to Discuss Third Quarter 2026 Results and New Five-Year Capital Outlook
ST. JOHN'S, Newfoundland and Labrador, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2026 financial results and new five-...
Fortis price target lowered to C$70 from C$84 at Jefferies
Jefferies lowered the firm’s price target on Fortis (FTS) to C$70 from C$84 and keeps a Hold rating on the shares. Fortis remains “relatively defensive,” says the analyst, who thinks…
Supreme Court allows forensic audit in Fortis case
NEW DELHI: The Supreme Court on Tuesday upheld a Delhi HC order directing forensic audit of dissipation of shares of Fortis Healthcare Ltd (FHL) and
Fortis price target lowered to $56 from $60 at Barclays
Barclays lowered the firm’s price target on Fortis (FTS) to $56 from $60 and keeps an Overweight rating on the shares. The firm sees a downward bias to the company’s…
India's top court disposes of Fortis' petition against IHH Healthcare unit
Malaysia's IHH Healthcare said on Monday that India's top court has disposed of Fortis Healthcare's petition challenging a court-ordered forensic audit relating to a stake purchase by an IHH Healthcar...
Fortis investors flag legal overhang after Delhi HC order
Domestic and foreign institutional investors of Fortis Healthcare (Fortis) have expressed concern that the Delhi High Court’s order seeking a forensic audit of transactions involving its former promot...
Fortis moves Supreme Court against Delhi High Court order
Fortis Healthcare has appealed to the Supreme Court against a recent Delhi High Court order. The order mandated a forensic audit of Fortis's dealings with IHH Healthcare and RHT Health Trust. This leg...
Fortis (FTS) Shares Enter Oversold Territory
In trading on Tuesday, shares of Fortis Inc (Symbol: FTS) entered into oversold territory, changing hands as low as $53.26 per share. We define oversold territory using the Relative Strength Index, or...
Malaysia's IHH's unit loses Tokyo court case against Daiichi Sankyo over Fortis deal
Malaysia's IHH Healthcare said on Thursday that a Tokyo court has dismissed its unit's damage claims against Japan's Daiichi Sankyo tied to its 2018 acquisition of a stake in India's Fortis Healthcare...
Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes
The Base Shelf Prospectus is accessible, and the Prospectus Supplement and any Amendment to the Documents will be accessible through SEDAR+ within two business days. This news release constitutes a “D...
Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes
The Base Shelf Prospectus is accessible, and the Prospectus Supplement and any Amendment to the Documents will be accessible through SEDAR+ within two business days.
Fortis price target raised to C$81 from C$80 at Scotiabank
Scotiabank analyst Robert Hope raised the firm’s price target on Fortis (FTS) to C$81 from C$80 and keeps a Sector Perform rating on the shares.
Fortis price target raised to C$87 from C$84 at TD Securities
TD Securities raised the firm’s price target on Fortis (FTS) to C$87 from C$84 and keeps a Buy rating on the shares.
Fortis price target lowered to $50 from $51 at Wolfe Research
Wolfe Research lowered the firm’s price target on Fortis (FTS) to $50 from $51 and keeps an Underperform rating on the shares. Fortis posted a small Q2 beat and reiterated…
Fortis price target raised to C$83 from C$79 at BMO Capital
BMO Capital analyst Ben Pham raised the firm’s price target on Fortis (FTS) to C$83 from C$79 and keeps a Market Perform rating on the shares.
Fortis price target raised to C$89 from C$80 at RBC Capital
RBC Capital raised the firm’s price target on Fortis (FTS) to C$89 from C$80 and keeps a Sector Perform rating on the shares after its in-line Q2 results. The firm…
Fortis price target lowered to $60 from $61 at Barclays
Barclays lowered the firm’s price target on Fortis (FTS) to $60 from $61 and keeps an Overweight rating on the shares. The firm thinks meaningful incremental capital is needed for…
Fortis Q2 Earnings Call Highlights
Fortis NYSE: FTS reported second-quarter net earnings of C$396 million, or C$0.78 per common share, up C$0.02 per share from the same period a year earlier, as regulated capital investment and higher ...
Fortis Earnings Call Transcript: Q2 2026
Q2 2026 net earnings rose to CAD 396 million (CAD 0.78/share), driven by regulated growth, major project execution, and strong segment contributions. The company remains on track for CAD 5.6 billion in 2026 CapEx and maintains 4%-6% annual dividend growth guidance through 2030.
Fortis Earnings release: Q2 2026
Fortis released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
Fortis Slides: Q2 2026
Fortis has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 31, 2026.
Fortis Quarterly report: Q2 2026
Fortis has published its Q2 2026 quarterly earnings report on July 31, 2026.
Fortis Report: Q2 2026
Fortis published a report on July 31, 2026 containing material business information for investors and shareholders.