Fortis Inc. (TSX:FTS)

Canada flag Canada · Delayed Price · Currency is CAD
79.80
-0.75 (-0.93%)
Jul 31, 2026, 4:00 PM EST
Market Cap40.63B +19.5%
Revenue (ttm)12.35B +4.0%
Net Income1.73B +2.1%
EPS3.40 +0.0%
Shares Out 509.13M
PE Ratio23.46
Forward PE21.50
Dividend2.56 (3.21%)
Ex-Dividend DateAug 19, 2026
Volume1,343,034
Open80.59
Previous Close80.55
Day's Range79.77 - 81.22
52-Week Range67.15 - 83.75
Beta0.43
AnalystsHold
Price Target80.70 (+0.54%)
Earnings DateJul 31, 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]

Sector Utilities
Founded 1885
Employees 9,900
Stock Exchange Toronto Stock Exchange
Ticker Symbol FTS
Full Company Profile

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 Statements

Analyst Summary

According to 16 analysts, the average rating for FTS stock is "Hold." The 12-month stock price target is $80.70, which is an increase of 0.54% from the latest price.

Price Target
$80.70
(0.54% upside)
Analyst Consensus: Hold
Stock Forecasts

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.

Just now - Filings

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 ...

1 day ago - MarketBeat

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.

1 day ago - Transcripts

Fortis Earnings release: Q2 2026

Fortis released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.

1 day ago - Filings

Fortis Slides: Q2 2026

Fortis has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 31, 2026.

1 day ago - Filings

Fortis Quarterly report: Q2 2026

Fortis has published its Q2 2026 quarterly earnings report on July 31, 2026.

1 day ago - Filings

Fortis Registration statement: Q2 2026

Fortis filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.

1 day ago - Filings

Fortis Registration statement: Q2 2026

Fortis filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.

1 day ago - Filings

Fortis Q2 26 Earnings Conference Call At 8:30 AM ET

(RTTNews) - Fortis Inc. (FTS) will host a conference call at 8:30 AM ET on July 31, 2026, to discuss Q2 26 earnings results.

1 day ago - Nasdaq

FTS Looks 24.6% Overvalued on GF Value™

FTS Looks 24.6% Overvalued on GF Value™

1 day ago - GuruFocus

FTS Looks 24.6% Overvalued on GF Value™ Amid Mixed Signals

FTS Looks 24.6% Overvalued on GF Value™ Amid Mixed Signals

1 day ago - GuruFocus

Fortis sees dividend growth 4%-6% annually through 2030

“Fortis (FTS) continues to enhance shareholder value through the execution of its capital plan, the balance and strength of its diversified portfolio of regulated utility businesses, and growth opport...

1 day ago - TheFly

Fortis reports Q2 EPS C$0.78 vs. C$0.76 last year

“We are pleased to report our second quarter results which reflect solid performance from our utilities as they execute the 2026 capital plan and work to capture additional growth opportunities,”…

1 day ago - TheFly

Fortis says C$5.6B annual capital plan on track

“Our C$5.6 billion annual capital plan is on track with C$2.7 billion invested during the first half of 2026. In June 2026, the Roadrunner Reserve II battery storage project was…

1 day ago - TheFly

Fortis Inc. Bottom Line Climbs In Q2

(RTTNews) - Fortis Inc. (FTS.TO) announced a profit for its second quarter that Increased, from the same period last year

1 day ago - Nasdaq

Fortis Inc. Releases Second Quarter 2026 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, 20...

1 day ago - GlobeNewsWire

Pre-Market Earnings Report for July 31, 2026 : XOM, ABBV, CVX, LIN, ETN, ENB, CL, IMO, D, CCJ, CBOE, FTS

The following companies are expected to report earnings prior to market open on 07/31/2026. Visit our Earnings Calendar for a full list of expected earnings releases.ExxonMobil Holdings Corporation (X...

2 days ago - Nasdaq

Fortis Inc. Announces Third Quarter Dividends – 2026

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, 20...

3 days ago - GlobeNewsWire

Advisory: Fortis Inc. to Hold Teleconference and Webcast on July 31 to Discuss Second Quarter 2026 Results

ST. JOHN'S, Newfoundland and Labrador, July 23, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2026 financial results on Friday, J...

9 days ago - GlobeNewsWire

Fortis (FTS) Receives Downgrade from CIBC to Neutral with Revised Price Target

Fortis (FTS) Receives Downgrade from CIBC to Neutral with Revised Price Target

15 days ago - GuruFocus

CIBC downgrades Fortis to Neutral after outperformance

CIBC downgraded Fortis (FTS) to Neutral from Outperformer with a price target of C$82, up from C$81. The firm cites valuation for the downgrade following the stock’s relative outperformance. The…

15 days ago - TheFly

Fortis downgraded to Neutral from Outperformer at CIBC

CIBC downgraded Fortis (FTS) to Neutral from Outperformer with an C$82 price target

15 days ago - TheFly

Fortis price target raised to C$80 from C$76 at JPMorgan

JPMorgan analyst Eli Jossen raised the firm’s price target on Fortis (FTS) to C$80 from C$76 and keeps an Underweight rating on the shares as part of a Q2 preview…

25 days ago - TheFly

Fortis Inc. to Hold Teleconference and Webcast on July 31 to Discuss Second Quarter 2026 Results

ST. JOHN'S, Newfoundland and Labrador, July 02, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2026 financial results on Friday, J...

4 weeks ago - GlobeNewsWire

Fortis Q1 Earnings Call Highlights

Fortis NYSE: FTS said it opened 2026 with first-quarter results in line with management expectations, as the regulated utility operator continued to advance a multiyear capital program and highlighted...

2 months ago - MarketBeat