Fortis Inc. (FTS)

Fortis Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Fortis.

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for Fortis.

Recommendation Trends

Rating	Mar '23	Apr '23	May '23	Jun '23	Jul '23	Aug '23
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	2	2	2	2	2	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Kuske Credit Suisse	Credit Suisse	Hold Maintains $62 → $61	Hold	Maintains	$62 → $61	+42.12%	Aug 24, 2023
David Quezada Raymond James	Raymond James	Buy Maintains $65 → $62	Buy	Maintains	$65 → $62	+45.64%	Aug 3, 2023
Maurice Choy RBC Capital	RBC Capital	Hold Reiterates $65	Hold	Reiterates	$65	+52.69%	Mar 24, 2023
David Quezada Raymond James	Raymond James	Hold → Buy Upgrades $58	Hold → Buy	Upgrades	$58	+36.25%	Oct 19, 2022
Mike Doyle Edward Jones	Edward Jones	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jul 27, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

12.12B

Increased by 5.21%

from 11.52B

Revenue Next Year

12.60B

Increased by 3.99%

from 12.12B

EPS This Year

3.26

Increased by 5.32%

from 3.10

EPS Next Year

3.38

Increased by 3.55%

from 3.26

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.78B	8.94B	9.45B	11.04B	11.52B	12.12B	12.60B	13.01B
Revenue Growth	4.68%	1.73%	5.74%	16.88%	4.29%	5.21%	3.99%	3.26%
EPS	3.78	2.60	2.61	2.78	3.10	3.26	3.38	3.55
EPS Growth	45.95%	-31.22%	0.38%	6.47%	11.44%	5.32%	3.55%	5.03%
Forward PE	-	-	-	-	-	18.15	17.52	16.68
No. Analysts	-	-	-	-	-	15	15	12

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.4B	14.0B	14.7B
Avg	12.1B	12.6B	13.0B
Low	10.9B	11.2B	11.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	16.6%	15.9%	16.6%
Avg	5.2%	4.0%	3.3%
Low	-5.3%	-7.7%	-7.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.47	3.63	3.84
Avg	3.26	3.38	3.55
Low	3.11	3.21	3.31

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	11.9%	11.4%	13.8%
Avg	5.3%	3.5%	5.0%
Low	0.3%	-1.4%	-1.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.