Fortis Inc. (TSX:FTS)

Canada flag Canada · Delayed Price · Currency is CAD
75.25
-1.52 (-1.98%)
May 15, 2026, 4:00 PM EST
Market Cap39.41B +15.9%
Revenue (ttm)12.24B +4.3%
Net Income1.72B +4.6%
EPS3.39 +2.5%
Shares Out509.13M
PE Ratio22.82
Forward PE21.04
Dividend2.54 (3.37%)
Ex-Dividend DateMay 15, 2026
Volume1,696,266
Average Volume1,702,250
Open76.90
Previous Close76.77
Day's Range75.18 - 77.11
52-Week Range63.54 - 80.69
Beta0.43
RSI36.81
Earnings DateMay 6, 2026

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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectr... [Read more]

Sector Utilities
Founded 1885
Employees 9,926
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

News

Fortis Inc (FTS) Stock Down 3.1% but Still Overvalued -- GF Score: 75/100

Fortis Inc (FTS) Stock Down 3.1% but Still Overvalued -- GF Score: 75/100

20 hours ago - GuruFocus

Cash Dividend On The Way From Fortis' PREFERENCE SHARES, SERIES J

On 5/15/26, 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 6/1/26. As a percentage of ...

3 days ago - Nasdaq

Fortis Nursing Chief Explains How AI And Technology Are Transforming Patient Care

On International Nurses Day, Fortis Escorts Hospital Chief Nursing Officer Ms. Ratna N Rana explains how digital tools, AI systems, EMRs and smart monitoring devices are reshaping nursing care and pat...

4 days ago - NDTV

Fortis price target lowered to $61 from $62 at Barclays

Barclays analyst Michael Lonegan lowered the firm’s price target on Fortis (FTS) to $61 from $62 and keeps an Overweight rating on the shares.

8 days ago - TheFly

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

ST. JOHN'S, Newfoundland and Labrador, May 07, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders...

9 days ago - GlobeNewsWire

Fortis price target raised to C$84 from C$83 at TD Securities

TD Securities raised the firm’s price target on Fortis (FTS) to C$84 from C$83 and keeps a Buy rating on the shares.

9 days ago - TheFly

Fortis price target raised to C$79 from C$77 at BMO Capital

BMO Capital raised the firm’s price target on Fortis (FTS) to C$79 from C$77 and keeps a Market Perform rating on the shares.

9 days ago - TheFly

Fortis Transcript: AGM 2026

The meeting highlighted strong financial results, record capital investment, and continued dividend growth. All board nominees and resolutions passed with high approval. Strategic focus remains on customer affordability, decarbonization, and governance excellence.

9 days ago - Transcripts

Fortis reports Q1 EPS C$0.99 vs. C$1.00 last year

“We are pleased with our start to 2026 as our teams continue to build on the momentum from last year,” said David Hutchens, President and Chief Executive Officer, Fortis (FTS).

9 days ago - TheFly

Canadian electric and gas utility company reports $501M Q1 profit

Fortis Inc. reported a first-quarter profit attributable to common equity holders of $501 million, up from $499 million a year earlier.

10 days ago - BNN Bloomberg

Fortis Earnings Call Transcript: Q1 2026

Q1 2026 saw strong earnings and EPS, driven by capital investment and regulatory progress. Major data center and transmission projects advanced, supporting long-term growth and customer affordability, with a 4%-6% annual dividend growth outlook reaffirmed.

10 days ago - Transcripts

Fortis Inc. Releases First Quarter 2026 Results

Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), a diversified leader in the North American regulated electric and gas utility industry, released its first quarter results.

10 days ago - BNN Bloomberg

Fortis Inc. Q1 Sales Increase

(RTTNews) - Fortis Inc. (FTS.TO) released earnings for first quarter of C$562 million

10 days ago - Nasdaq

Fortis Inc. Releases First 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...

10 days ago - GlobeNewsWire

BlackRock, Inc. Increases Stake in Fortis Inc. with Significant Share Acquisition

BlackRock, Inc. Increases Stake in Fortis Inc. with Significant Share Acquisition

15 days ago - GuruFocus

Advisory: Fortis Inc. to Hold Teleconference and Webcast on May 6 to Discuss First Quarter 2026 Results and Hold Annual Meeting on May 7

ST. JOHN'S, Newfoundland and Labrador, April 29, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2026 financial results on Wednesday...

16 days ago - GlobeNewsWire

Fortis initiated with an Overweight at Barclays

Barclays analyst Michael Lonegan initiated coverage of Fortis (FTS) with an Overweight rating and $62 price target The stock’s valuation does not fully reflect the company’s “high-multiple” ITC Holdin...

18 days ago - TheFly

Fortis price target raised to C$81 from C$80 at CIBC

CIBC raised the firm’s price target on Fortis (FTS) to C$81 from C$80 and keeps an Outperformer rating on the shares.

26 days ago - TheFly

Chronic Pain And Migraines Can Get Worse Due To Heat: Doctors Share Why And Tips To Manage

Struggling with joint aches or throbbing headaches as temperatures rise? Medical experts from AIIMS, Apollo, and Fortis reveal why heat triggers chronic pain and migraines.

26 days ago - NDTV

Fortis price target raised to $53 from $51 at BofA

BofA analyst Ross Fowler raised the firm’s price target on Fortis (FTS) to $53 from $51 and keeps an Underperform rating on the shares. The firm maintains its FY26, FY27…

5 weeks ago - TheFly

Fortis Inc. to Hold Teleconference and Webcast on May 6 to Discuss First Quarter 2026 Results and Hold Annual Meeting on May 7

ST. JOHN'S, Newfoundland and Labrador, April 08, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2026 financial results on Wednesday...

5 weeks ago - GlobeNewsWire

Fortis price target raised to C$83 from C$79 at TD Securities

TD Securities raised the firm’s price target on Fortis (FTS) to C$83 from C$79 and keeps a Buy rating on the shares.

3 months ago - TheFly

Fortis price target raised to C$77 from C$74 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on Fortis (FTS) to C$77 from C$74 and keeps a Market Perform rating on the shares.

3 months ago - TheFly

Fortis price target raised to C$80 from C$79 at Scotiabank

Scotiabank analyst Robert Hope raised the firm’s price target on Fortis (FTS) to C$80 from C$79 and keeps a Sector Perform rating on the shares.

3 months ago - TheFly

Fortis price target raised to C$80 from C$79 at RBC Capital

RBC Capital raised the firm’s price target on Fortis (FTS) to C$80 from C$79 and keeps a Sector Perform rating on the shares. The company continues to show momentum, with…

3 months ago - TheFly