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The latest announcement is out from Fortis ( (TSE:FTS) ).
Fortis Inc. announced that it will release its second quarter 2025 financial results on August 1, 2025, followed by a teleconference and webcast hosted by CEO David Hutchens and CFO Jocelyn Perry. This event is significant for stakeholders as it provides insights into the company’s performance and strategic direction, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (TSE:FTS) stock is a Hold with a C$59.00 price target. To see the full list of analyst forecasts on Fortis stock, see the TSE:FTS Stock Forecast page.
Spark’s Take on TSE:FTS Stock
According to Spark, TipRanks’ AI Analyst, TSE:FTS is a Outperform.
Fortis demonstrates strong financial performance and positive earnings call sentiment, driven by robust EPS growth, significant capital investments, and a strong dividend yield. However, technical indicators suggest caution with bearish momentum. Valuation remains attractive, supporting a favorable long-term outlook.
To see Spark’s full report on TSE:FTS stock, click here.
More about Fortis
Fortis Inc. is a leading entity in the North American regulated electric and gas utility industry, boasting 2024 revenue of $12 billion and total assets of $75 billion as of March 31, 2025. The company employs 9,800 people and provides utility services to customers across five Canadian provinces, ten U.S. states, and three Caribbean countries.
YTD Price Performance: 9.73%
Average Trading Volume: 1,671,845
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$32.25B
See more data about FTS stock on TipRanks’ Stock Analysis page.