Fortis Inc (FTS)

Currency in CAD
84.91
-0.88(-1.03%)
Closed·
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Fair Value
Day's Range
84.0585.46
52 wk Range
69.0686.35
Key Statistics
Prev. Close
84.91
Open
84.61
Day's Range
84.05-85.46
52 wk Range
69.06-86.35
Volume
2.51M
Average Volume (3m)
1.58M
1-Year Change
17.9961%
Book Value / Share
47,64
Fair Value
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Fair Value Upside
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FTS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
82.58
Downside
-2.74%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings upwards for the upcoming period

Fortis Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Strong Sell
Moving Averages
Neutral

Analyst Ratings

4 Buy
8 Hold
3 Sell
Ratings:
15 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 82.58
(-2.74% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Barclays
Hold83.00-2.25%76.00DowngradeNov 06, 2026
BMO Capital
Hold85.00+0.11%81.00MaintainNov 04, 2026
Desjardins
Buy90.00+5.99%85.00MaintainNov 04, 2026
Scotiabank
Hold83.00-2.25%78.00MaintainNov 04, 2026
RBC Capital
Hold90.00+5.99%89.00MaintainNov 04, 2026

Fortis Inc Earnings Call Summary for Q3/2026

  • Fortis Q3 2026 EPS of CAD 0.92 beat estimates of CAD 0.9019; revenue of CAD 3.23B topped CAD 2.9B forecast by 11.38%
  • Company raised five-year capital plan to CAD 32.2B, up CAD 3.4B, targeting 7.5% rate base CAGR through 2031
  • Board lifted quarterly dividend 4% to CAD 0.665/share, maintaining 4-6% annual growth guidance through 2031
  • CEO Hutchens emphasized organic growth over acquisitions; 75% of capex directed to regulated transmission and distribution assets
  • Major projects include USD 1B Iowa transmission, CAD 1.1B Tilbury LNG expansion; Arizona data center growth presents upside potential
Last Updated: 2026/11/03, 16:50
Read Full Transcript

Earnings

Latest Release
Nov 03, 2026
EPS / Forecast
0,92 / 0,90
Revenue / Forecast
3,12B / 2,9B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3,52
Dividend Yield
3.13%
Industry Median 3.23%
Annualised payout
2.66
Paid quarterly
5-Years Growth
+4.85%
Growth Streak

FTS Income Statement

Compare FTS to Peers and Sector

Metrics to compare
FTS
Peers
Sector
Relationship
P/E Ratio
24.4x22.0x10.6x
PEG Ratio
5.161.020.02
Price/Book
1.8x2.3x1.3x
Price / LTM Sales
3.5x3.6x1.5x
Upside (Analyst Target)
−2.7%6.6%20.7%
Fair Value Upside
Unlock−7.0%4.4%Unlock

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.

Sector
Utilities
Employees
9900
Market
Canada

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
161,28M31,27%13,69B
Other Institutional Investors
120,82M23,42%10,26B
Public Companies & Retail Investors
233,70M45,31%19,84B
Total
515,8M100,00%43,8B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BMO Asset Management Corp.4,78%24 632 4012 091 537
Vanguard Capital Management, LLC3,86%19 893 5211 689 159

FAQ

What Is the Fortis Inc (FTS) Stock Price Today?

The Fortis Inc stock price today is 84,91 CAD.

What Stock Exchange Does Fortis Inc Trade On?

Fortis Inc is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Fortis Inc?

The stock symbol for Fortis Inc is "FTS."

Does Fortis Inc Pay Dividends? What’s The Current Dividend Yield?

The Fortis Inc dividend yield is 3,1%%.

What Is the Fortis Inc Market Cap?

As of today, Fortis Inc market cap is 44,25B CAD.

What Is Fortis Inc's Earnings Per Share (TTM)?

The Fortis Inc EPS (TTM) is 3,52.

When Is the Next Fortis Inc Earnings Date?

Fortis Inc will release its next earnings report on Feb 05, 2027.

From a Technical Analysis Perspective, Is FTS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Fortis Inc Stock Split?

Fortis Inc has split 1 times.

How Many Employees Does Fortis Inc Have?

Fortis Inc has 9900 employees.

What is the current trading status of Fortis Inc (FTS)?

As of Nov 07, 2026, Fortis Inc (FTS) is trading at a price of 84,91 CAD, with a previous close of 84,91 CAD. The stock has fluctuated within a day range of 84,05 CAD to 85,46 CAD, while its 52-week range spans from 69,06 CAD to 86,35 CAD.

What Is Fortis Inc (FTS) Price Target According to Analysts?

The average 12-month price target for Fortis Inc is 82,58 CAD, with a high estimate of 90 CAD and a low estimate of 70 CAD. 4 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Neutral. The stock has an -2,74% Downside potential.
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