FTS Stock Chart & Stats
$58.31
-$0.53(-0.90%)
At close: 4:00 PM EDT
$58.31
-$0.53(-0.90%)
Day’s Range― - ―
52-Week Range$48.64 - $59.40
Previous Close$41.4
Volume763.68K
Average Volume (3M)683.47K
Market Cap
$28.99B
Enterprise Value$81.19K
Total Cash (Recent Filing)$384.00M
Total Debt (Recent Filing)$36.33B
Price to Earnings (P/E)23.1
Beta-0.01
Next Earnings
Oct 23, 2026EPS Estimate
0.65Next Dividend Ex-DateN/A
Dividend Yield3.23%
Share Statistics
EPS (TTM)3.18
Shares Outstanding510,900,000
10 Day Avg. Volume745,258
30 Day Avg. Volume683,465
Financial Highlights & Ratios
PEG Ratio4.25
Price to Book (P/B)1.51
Price to Sales (P/S)2.95
P/FCF Ratio-16.54
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$59.04Price Target Upside1.26% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)2.61
Revenue Forecast (FY)$9.09B
Bulls Say, Bears Say
Bulls Say
Regulated Utility Business ModelFortis’s regulated transmission and distribution footprint produces predictable, cost‑of‑service revenue streams and authorized returns. That structural model supports durable cash flow generation and rate‑base recoveries, insulating core earnings from competitive commodity swings and supporting long‑term planning.
Visible Rate‑base And Capital Growth PlanA multi‑year, visible capital program expanding regulated rate base directly underpins future allowed earnings growth when regulators recognize investments in rates. Consistent 7% rate‑base growth through 2030 provides structural earnings and cash‑flow runway beyond near‑term cycles.
Investment‑grade Ratings And Funding ExecutionMaintained investment‑grade credit and demonstrated market access reduce refinancing risk and lower marginal funding costs for sustained capital programs. Reliable debt markets and planned funding mix (Opex, utility debt, DRIP) increase likelihood of executing the five‑year plan without derailing operations.
Bears Say
Persistently Negative Free Cash FlowConsistent negative FCF means capital spending outpaces internally generated cash, increasing reliance on external financing to fund growth and dividends. Over time this dependence heightens exposure to credit markets and can strain liquidity if funding conditions tighten or capex overruns occur.
Elevated Leverage And Funding DependenceA sustained high debt load limits financial flexibility and raises sensitivity to rising rates or credit pressure. If project scope or timing shifts, maintaining investment‑grade metrics while funding large projects may force higher issuance, asset sales, or curtailed returns, constraining strategic optionality.
Regulatory And Permitting Uncertainty On Large ProjectsLarge, multi‑year projects require regulatory approvals and permitting; delays or adverse conditions create regulatory lag between investment and allowed returns. That timing risk can defer rate recovery, magnify funding needs, and compress near‑term cash flow despite long‑term upside if approvals are ultimately granted.
Fortis News
FTS FAQ
What was Fortis’s price range in the past 12 months?
Fortis lowest stock price was $48.64 and its highest was $59.40 in the past 12 months.
What is Fortis’s market cap?
Fortis’s market cap is $28.99B.
When is Fortis’s upcoming earnings report date?
Fortis’s upcoming earnings report date is Oct 23, 2026 which is in 66 days.
How were Fortis’s earnings last quarter?
Fortis released its earnings results on Jul 31, 2026. The company reported $0.562 earnings per share for the quarter, beating the consensus estimate of $0.549 by $0.013.
Is Fortis overvalued?
According to Wall Street analysts Fortis’s price is currently Undervalued.
Does Fortis pay dividends?
Fortis pays a Quarterly dividend of $0.461 which represents an annual dividend yield of 3.23%. See more information on Fortis dividends here
What is Fortis’s EPS estimate?
Fortis’s EPS estimate is 0.65.
How many shares outstanding does Fortis have?
Fortis has 510,900,000 shares outstanding.
What happened to Fortis’s price movement after its last earnings report?
Fortis reported an EPS of $0.562 in its last earnings report, beating expectations of $0.549. Following the earnings report the stock price went down -0.818%.
Which hedge fund is a major shareholder of Fortis?
Currently, no hedge funds are holding shares in FTS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Fortis Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$59.04 (1.26% Upside)
$59.04 (1.26% Upside)
Blogger Sentiment
Bullish
FTS Sentiment 67%
Sector Average 57%
Sector Average 57%
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 7.9%
Last 30 Days ▲ 7.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.95%
12-Months-Change
Fundamentals
Return on Equity
3.23%
Trailing 12-Months
Asset Growth
4.07%
Trailing 12-Months
Company Description
Fortis
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 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
FTS Company Deck
FTS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call conveyed a constructive growth story: core regulated utilities are executing a large capital plan, management secured a key approval for Tilbury 1B, meaningful sustainability progress was reported, credit ratings and funding execution remain solid, and multiple large growth opportunities (transmission and data center-related generation) are in the pipeline. Offsetting items include modest near-term EPS growth, regulatory timing/lag issues, FX and disposition-related impacts, and uncertainty around the timing, approvals and funding of large above-plan projects. On balance, the positive execution, approvals and growth visibility outweigh the challenges, but investors should monitor regulatory outcomes and funding assumptions as the 5-year plan is refreshed in the fall.View all FTS earnings summariesFTS Stock 12 Month Forecast
Average Price Target
$59.04
▲(1.26% Upside)
Technical Analysis
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Ownership Overview
0.12% Insiders
3.91% Mutual Funds
― Other Institutional Investors
82.40% Public Companies and
Individual Investors