Fortis Inc. (FTS)
| Market Cap | 29.69B +25.2% |
| Revenue (ttm) | 8.77B +4.3% |
| Net Income | 1.23B +4.6% |
| EPS | 2.43 +2.5% |
| Shares Out | 509.10M |
| PE Ratio | 23.99 |
| Forward PE | 21.98 |
| Dividend | $1.84 (3.15%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 720,290 |
| Open | 58.58 |
| Previous Close | 58.78 |
| Day's Range | 58.19 - 59.02 |
| 52-Week Range | 47.65 - 59.08 |
| Beta | 0.43 |
| Analysts | Hold |
| Price Target | 56.00 (-3.95%) |
| Earnings Date | Jul 31, 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]
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 StatementsAnalyst Summary
According to 16 analysts, the average rating for FTS stock is "Hold." The 12-month stock price target is $56.0, which is a decrease of -3.95% from the latest price.
News
Fortis (FTS) Receives Downgrade from CIBC to Neutral with Revised Price Target
Fortis (FTS) Receives Downgrade from CIBC to Neutral with Revised Price Target
CIBC downgrades Fortis to Neutral after outperformance
CIBC downgraded Fortis (FTS) to Neutral from Outperformer with a price target of C$82, up from C$81. The firm cites valuation for the downgrade following the stock’s relative outperformance. The…
Fortis downgraded to Neutral from Outperformer at CIBC
CIBC downgraded Fortis (FTS) to Neutral from Outperformer with an C$82 price target
Fortis price target raised to C$80 from C$76 at JPMorgan
JPMorgan analyst Eli Jossen raised the firm’s price target on Fortis (FTS) to C$80 from C$76 and keeps an Underweight rating on the shares as part of a Q2 preview…
Fortis Inc. to Hold Teleconference and Webcast on July 31 to Discuss Second Quarter 2026 Results
ST. JOHN'S, Newfoundland and Labrador, July 02, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2026 financial results on Friday, J...
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...
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.
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...
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.
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.
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.
Fortis Slides: FY 2026
Fortis has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 7, 2026.
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).
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.
Fortis Quarterly report: Q1 2026
Fortis has published its Q1 2026 quarterly earnings report on May 6, 2026.
Fortis Slides: Q1 2026
Fortis has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Fortis Earnings release: Q1 2026
Fortis released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Fortis Slides: Investor presentation
Fortis has posted slides in relation to its latest quarterly earnings report, which was published on May 6, 2026.
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...
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...
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...
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.
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…
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...
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.