Fortis Inc. (TSX:FTS)
Canada · Delayed Price · Currency is CAD | Market Cap | 43.80B +22.5% |
| Revenue (ttm) | 12.53B +4.1% |
| Net Income | 1.79B +6.2% |
| EPS | 3.52 +4.7% |
| Shares Out | 515.80M |
| PE Ratio | 24.12 |
| Forward PE | 22.30 |
| Dividend | 2.66 (3.13%) |
| Ex-Dividend Date | Nov 17, 2026 |
| Volume | 2,514,867 |
| Open | 84.61 |
| Previous Close | 85.79 |
| Day's Range | 84.05 - 85.46 |
| 52-Week Range | 69.06 - 86.35 |
| Beta | 0.43 |
| Analysts | Hold |
| Price Target | 82.58 (-2.74%) |
| 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 $82.58, which is a decrease of -2.74% from the latest price.
News
Fortis downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded Fortis (FTS) to Equal Weight from Overweight with a price target of $61, up from $56. The firm thinks the company’s Q3 update was positive and that Canadian…
Fortis price target raised to C$90 from C$89 at RBC Capital
RBC Capital analyst Robert Kwan raised the firm’s price target on Fortis (FTS) to C$90 from C$89 and keeps a Sector Perform rating on the shares.
Fortis price target raised to C$85 from C$81 at CIBC
CIBC analyst Mark Jarvi raised the firm’s price target on Fortis (FTS) to C$85 from C$81 and keeps a Neutral rating on the shares.
Fortis price target raised to C$85 from C$81 at BMO Capital
BMO Capital raised the firm’s price target on Fortis (FTS) to C$85 from C$81 and keeps a Market Perform rating on the shares.
Fortis price target raised to C$83 from C$78 at Scotiabank
Scotiabank analyst Robert Hope raised the firm’s price target on Fortis (FTS) to C$83 from C$78 and keeps a Sector Perform rating on the shares.
What Fortis (FTS) Said on Its Q3 Earnings Call
Fortis NYSE: FTS reported third-quarter 2026 earnings of C$474 million, or C$0.92 per common share, while unveiling a C$32.2 billion five-year capital plan centered on regulated transmission, distribu...
Fortis Earnings Call Transcript: Q3 2026
Q3 reported EPS was CAD 0.92, while adjusted EPS rose CAD 0.05 YoY. The new CAD 32.2 billion five-year plan lifts rate base growth to 7.5%, backed by transmission and LNG projects, with dividend growth guidance extended through 2031.
Fortis MD&A: Q3 2026
Fortis filed a regulatory document on November 3, 2026 disclosing important business information.
Fortis Report: Q3 2026
Fortis published a report on November 3, 2026 containing material business information for investors and shareholders.
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 Earnings release: Q3 2026
Fortis released its Q3 2026 earnings on November 3, 2026, summarizing the period's financial results.
Fortis Q3 26 Earnings Conference Call At 8:30 AM ET
(RTTNews) - Fortis Inc. (FTS) will host a conference call at 8:30 AM ET on November 3, 2026, to discuss Q3 26 earnings results.
Fortis (FTS) Q3 Earnings and Revenues Surpass Estimates
Fortis (FTS) delivered earnings and revenue surprises of +4.76% and +2.74%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?
Fortis Inc. Q3 Profit Climbs
(RTTNews) - Fortis Inc. (FTS.TO) released earnings for its third quarter that Increases, from last year
Fortis Slides: Investor presentation
Fortis has posted slides in relation to its latest quarterly earnings report, which was published on November 3, 2026.
Fortis reports Q3 adjusted EPS C$0.92 vs. C$0.87 last year
“During Q3, our utilities executed key capital investments while advancing strategic growth initiatives across our portfolio, including a competitive transmission project at ITC and the Tilbury 1B and...
Fortis Inc. Releases Third Quarter 2026 Results, New Five-Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
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...
Fortis price target raised to C$81 from C$78 at CIBC
CIBC raised the firm’s price target on Fortis (FTS) to C$81 from C$78 and keeps a Neutral rating on the shares.
Fortis assumed with an Underweight at JPMorgan
JPMorgan analyst Hannah Velasquez assumed coverage of Fortis (FTS) with an Underweight rating and C$77 price target The firm is constructive on Fortis’ 100% regulated portfolio, citing the stock’s rel...
Advisory: 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. 26, 2026 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its third quarter 2026 financial results and new five-y...
Advisory: 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. 26, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2026 financial results and new five-...
ACL: No room for error as FC Goa face Fortis
Panaji: FC Goa have little time to fret over their opening round loss in the group-stage of the AFC Challenge League as they now face Bangladesh’s Fortis
Fortis (FTS) Shares Cross Above 200 DMA
In trading on Friday, shares of Fortis Inc (Symbol: FTS) crossed above their 200 day moving average of $55.61, changing hands as high as $55.84 per share. Fortis Inc shares are currently trading up ab...
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…