Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD
48.04
-0.46 (-0.95%)
At close: May 9, 2025, 4:00 PM
48.04
0.00 (0.00%)
After-hours: May 9, 2025, 7:00 PM EDT
-0.95%
Market Cap 24.08B
Revenue (ttm) 8.16B
Net Income (ttm) 1.15B
Shares Out 501.59M
EPS (ttm) 2.30
PE Ratio 21.02
Forward PE 19.22
Dividend $1.72 (3.58%)
Ex-Dividend Date May 16, 2025
Volume 587,929
Open 48.50
Previous Close 48.50
Day's Range 47.77 - 48.50
52-Week Range 38.15 - 50.06
Beta 0.35
Analysts Hold
Price Target 72.00 (+49.88%)
Earnings Date May 7, 2025

About FTS

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 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company 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 9,200
Stock Exchange NYSE
Ticker Symbol FTS
Full Company Profile

Financial Performance

In 2024, Fortis's revenue was 11.51 billion, a decrease of -0.08% compared to the previous year's 11.52 billion. Earnings were 1.61 billion, an increase of 6.64%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for FTS stock is "Hold" and the 12-month stock price forecast is $72.0.

Price Target
$72.0
(49.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Important Warning For Utility Stocks: 2 Major Risks You Need To See Before Buying

Utilities have outperformed the market—here's why that trend could suddenly reverse. Warren Buffett issued a chilling warning about utilities—investors should take notice. We share our current outlook...

Other symbols: BIPBIPCEIXENBHEUTFUTG
20 hours ago - Seeking Alpha

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

ST. JOHN'S, Newfoundland and Labrador, May 08, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders...

1 day ago - GlobeNewsWire

What The Smartest Canadian Investors Hold In Their Dividend Growth Portfolios

Fortis is a classic utility offering its customers transmission and distribution of electricity and natural gas. Fortis faces headwinds from its capital-intensive business model and reliance on regula...

Other symbols: ENBRY
1 day ago - Seeking Alpha

Fortis Inc. (FTS) Q1 2025 Earnings Call Transcript

Fortis Inc. (NYSE:FTS) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants David Hutchens - President, Chief Executive Officer Jocelyn Perry - Executive Vice President, Chief...

2 days ago - Seeking Alpha

Fortis Inc. Releases First Quarter 2025 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, 2...

3 days ago - GlobeNewsWire

Buy 3 "Safer" Dividend Kings Of 25 From May's 55

The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kin...

Other symbols: ADMADPBDXBKHCWTEDFRT
3 days ago - Seeking Alpha

Advisory: Fortis Inc. to Hold Teleconference and Webcast on May 7 to Discuss First Quarter 2025 Results and Hold Annual Meeting on May 8

ST. JOHN'S, Newfoundland and Labrador, April 29, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2025 financial results on Wednesday...

10 days ago - GlobeNewsWire

2025 Dividend Kings: Weathering Tariff Volatility Better Than The Market

The Dividend Kings are outperforming the S&P 500 in 2025 by 8.94%. Top performers include National Fuel & Gas (+28.88%), Consolidated Edison (+28.10%), and Middlesex Water Company (+21.00%). Promising...

Other symbols: ABMABTADMAWRBDXBKHCWT
16 days ago - Seeking Alpha

Fortis Inc. to Hold Teleconference and Webcast on May 7 to Discuss First Quarter 2025 Results and Hold Annual Meeting on May 8

ST. JOHN'S, Newfoundland and Labrador, April 08, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2025 financial results on Wednesday...

4 weeks ago - GlobeNewsWire

Billionaire Investor: 'Do Not Catch Falling Knives,' Buy Dividends Instead - Our Picks

A leading billionaire investor is warning that the market is a falling knife. He instead thinks investors should load up on high-quality dividend stocks instead. 10%+ return potential, deep discounts,...

4 weeks ago - Seeking Alpha

Buy 3 'Safer' Dividend Kings Of 25 From March's 55

The article highlights 55 Dividend Kings, noting that five of the top ten by yield offer annual dividends from a $1K investment exceeding their single share prices. Analysts predict top-ten Kingly net...

Other symbols: ADMADPBKHEDFRTGRCHRL
5 weeks ago - Seeking Alpha

Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes

Not for distribution to U.S. news wire services or dissemination in the United States. This news release constitutes a "designated news release" for the purposes of the Corporation's prospectus supple...

6 weeks ago - GlobeNewsWire

Fortis Inc. Announces Pricing of Senior Unsecured Notes

Not for distribution to U.S. news wire services or dissemination in the United States. This news release constitutes a "designated news release" for the purposes of the Corporation's prospectus supple...

6 weeks ago - GlobeNewsWire

10 Dividend Aristocrat Bargains To Help You SWAN During This Trade War Turmoil

The trade war is causing market volatility, with stocks falling and bonds performing well as investors seek hedges against economic slowdown fears. Dividend aristocrats, particularly low-volatility, d...

Other symbols: CLXDEOHRLJNJKMBMONVS
2 months ago - Seeking Alpha

Fortis: Still A Buy Despite Conservative Growth

Fortis Inc. remains a buy due to its stable, regulated operations across North America and the Caribbean, with impressive financial metrics and operational efficiency. Despite a slight revenue dip, ne...

2 months ago - Seeking Alpha

Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February

Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group a...

Other symbols: ADMBKHCINFEDFRTHRLKO
2 months ago - Seeking Alpha

Fortis, Inc. (FTS) Q4 2024 Earnings Call Transcript

Fortis, Inc. (NYSE:FTS) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Stephanie Amaimo - VP, IR David Hutchens - President and CEO Jocelyn Perry - EVP and CFO Lin...

3 months ago - Seeking Alpha

Fortis Inc. Files 2024 Year-End Disclosure Documents

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 months ago - GlobeNewsWire

Fortis Inc. Reports Fourth Quarter & Annual 2024 Results

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement

3 months ago - GlobeNewsWire

Fortis Inc. Announces Second Quarter Dividends – 2025

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 months ago - GlobeNewsWire

Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results

ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 202...

3 months ago - GlobeNewsWire

What Can The Dividend Kings Deliver In 2025?

The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by ea...

Other symbols: ABBVABMABTADMADPAWRBDX
3 months ago - Seeking Alpha

Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results

ST. JOHN'S, Newfoundland and Labrador, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 202...

4 months ago - GlobeNewsWire

Buy 3 'Safer' Dividend Kings Of 25 From 53 For January

“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....

Other symbols: ADMAWRBKHCWTEDFRTHRL
4 months ago - Seeking Alpha

Fortis Inc. Announces Changes to Its Board of Directors

ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December...

4 months ago - GlobeNewsWire