Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD
56.23
+0.35 (0.63%)
May 21, 2026, 4:00 PM EDT - Market closed
Market Cap28.59B +16.8%
Revenue (ttm)8.77B +4.3%
Net Income1.23B +4.6%
EPS2.43 +2.5%
Shares Out 509.10M
PE Ratio23.26
Forward PE21.11
Dividend$1.84 (3.27%)
Ex-Dividend DateMay 15, 2026
Volume523,761
Open55.88
Previous Close55.88
Day's Range55.80 - 56.45
52-Week Range46.46 - 58.78
Beta0.43
AnalystsBuy
Price Target61.00 (+8.48%)
Earnings DateMay 6, 2026

About FTS

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 9,200
Stock Exchange NYSE
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 numbers in CAD Financial Statements

Analyst Summary

According to one analyst, the rating for FTS stock is "Buy" and the 12-month stock price target is $61.0.

Price Target
$61.0
(8.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Can High Blood Pressure Be A Warning Sign For Kidney Disease? Fortis Doctor Explains

High blood pressure may actually be the body's early warning sign for a hidden problem developing in the kidneys. Since kidney disease often progresses quietly without obvious symptoms, recognising th...

4 days ago - NDTV

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

6 days 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 ...

8 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...

9 days ago - NDTV

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...

11 days ago - MarketBeat

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.

Other symbols: FTS
13 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...

Other symbols: FTS
14 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.

Other symbols: FTS
14 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.

Other symbols: FTS
14 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.

14 days ago - Transcripts

Fortis Slides: FY 2026

Fortis has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 7, 2026.

14 days ago - Filings

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.

14 days ago - Transcripts

Fortis Slides: FY 2026

Fortis has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 7, 2026.

14 days ago - Filings

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).

Other symbols: FTS
14 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.

15 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.

15 days ago - Transcripts

Fortis Quarterly report: Q1 2026

Fortis has published its Q1 2026 quarterly earnings report on May 6, 2026.

15 days ago - Filings

Fortis Slides: Q1 2026

Fortis has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

15 days ago - Filings

Fortis Earnings release: Q1 2026

Fortis released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

15 days ago - Filings

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.

15 days ago - Transcripts

Fortis Quarterly report: Q1 2026

Fortis has published its Q1 2026 quarterly earnings report on May 6, 2026.

15 days ago - Filings

Fortis Slides: Q1 2026

Fortis has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

15 days ago - Filings

Fortis Earnings release: Q1 2026

Fortis released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

15 days ago - Filings

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.

15 days ago - BNN Bloomberg

Fortis Slides: Investor presentation

Fortis has posted slides in relation to its latest quarterly earnings report, which was published on May 6, 2026.

15 days ago - Filings