Fortis Inc. (TSX:FTS)
Canada · Delayed Price · Currency is CAD | Market Cap | 38.37B +12.7% |
| Revenue (ttm) | 12.35B +4.0% |
| Net Income | 1.73B +2.1% |
| EPS | 3.40 +0.0% |
| Shares Out | 509.13M |
| PE Ratio | 22.16 |
| Forward PE | 20.10 |
| Dividend | 2.56 (3.40%) |
| Ex-Dividend Date | Aug 19, 2026 |
| Volume | 675,411 |
| Open | 75.80 |
| Previous Close | 75.39 |
| Day's Range | 75.21 - 76.00 |
| 52-Week Range | 67.15 - 83.75 |
| Beta | 0.41 |
| Analysts | Hold |
| Price Target | 83.04 (+10.19%) |
| Earnings Date | Oct 30, 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 $83.04, which is an increase of 10.19% 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.
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.
Groundsman who clashed with Gambhir placed on leave after fresh controversy
Groundsman Lee Fortis is on leave after an altercation with an ECB employee. This incident occurred at The Oval before a Hundred fixture. Fortis previously had a heated exchange with India coach Gauta...
Reminder: Fortis' Preference Shares, Series J Goes Ex-Dividend Soon
On 8/19/26, Fortis Inc's CUMULATIVE REDEEMABLE FIRST PREFERENCE SHARES, SERIES J (TSX: FTS-PRJ.TO) will trade ex-dividend, for its quarterly dividend of $0.2969, payable on 9/1/26. As a percentage of ...
Reminder - Fortis (FTS) Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 8/19/26, Fortis Inc (Symbol: FTS) will trade ex-dividend, for its quarterly dividend of $0.64, payable on 9/1/26. As a percentage of ...
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 Registration statement: Q2 2026
Fortis filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
Fortis Registration statement: Q2 2026
Fortis filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
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...
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,”…
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…
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...
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...