Fortis Reports Strong Q4 Earnings and Dividend Growth Plan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
0mins
Should l Buy FTS?
Source: Investing.com
Fortis Inc. shares rose 3.52% and reached a 52-week high following the release of its Q4 2025 earnings report.
The company reported a non-GAAP EPS of C$0.90, exceeding expectations by C$0.05, which reflects strong performance and boosts investor confidence. Additionally, Fortis announced a new capital plan aimed at sustaining decades of dividend growth, indicating its commitment to future cash flows and shareholder returns. This positive news is likely to attract more long-term investors.
The upward momentum in Fortis's stock price solidifies its market position in the utility sector, despite broader market weakness as the Nasdaq-100 and S&P 500 indices declined significantly.
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Analyst Views on FTS
Wall Street analysts forecast FTS stock price to fall
7 Analyst Rating
2 Buy
4 Hold
1 Sell
Hold
Current: 57.210
Low
49.50
Averages
53.87
High
57.51
Current: 57.210
Low
49.50
Averages
53.87
High
57.51
About FTS
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utilities include ITC, UNS Energy, Central Hudson, FortisBC Energy Inc., FortisAlberta Inc., FortisBC Inc. and Other electric. The ITC includes Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC. UNS Energy includes UNS Energy Corporation, which primarily includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc. The Central Hudson includes CH Energy Group, Inc., which primarily includes Central Hudson Gas & Electric Corporation. Other Electric include Eastern Canadian and Caribbean utilities, as follows: Newfoundland Power Inc., Maritime Electric Company, Limited, FortisOntario Inc., and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Fortis to Release Q1 2026 Financial Results on May 6
- Earnings Release Schedule: Fortis Inc. will release its Q1 2026 financial results on May 6, 2026, with a teleconference and webcast at 8:30 a.m. (Eastern), aimed at providing shareholders and analysts with the latest financial insights.
- Executive Participation: President and CEO David Hutchens and CFO Jocelyn Perry will discuss the results, ensuring transparency and addressing questions from investors and analysts, thereby enhancing market confidence.
- Shareholder Meeting Details: Fortis will also hold its Annual Meeting of Shareholders on May 7, 2026, offering both in-person and online participation options, allowing shareholders to ask questions during the meeting, reflecting the company's commitment to shareholder engagement.
- Company Background: Fortis reported $12 billion in revenue for 2025 and total assets of $75 billion, employing 9,900 staff to serve utility customers across five Canadian provinces, ten U.S. states, and the Cayman Islands, underscoring its leadership in the North American utility sector.
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- Rising Treasury Yields: Treasury yields increased across the board, with the 30-year bond yield at 4.94% and the 10-year note at 4.33%, reflecting market expectations for potential rate hikes amid rising oil prices and a strong dollar.
- Oil Price Surge: Brent crude oil prices rose by 2.74% to $108.20, while West Texas Intermediate increased by 2.15%, driven by ongoing geopolitical tensions in the Middle East, highlighting the impact of global events on energy markets.
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- Executive Participation: CEO David Hutchens and CFO Jocelyn Perry will discuss the financial results, providing in-depth analysis of the company's performance, which will aid investors in understanding operational status.
- Diverse Participation Options: Investors can join the webcast via the company’s website or call designated numbers for Q&A, ensuring that all stakeholders can easily access information and engage with management.
- Annual Meeting Arrangement: Fortis will also hold its Annual Meeting of Shareholders on May 7, 2026, allowing shareholders to participate either in person or online, thereby enhancing interaction and transparency between the company and its investors.
See More
ITC Holdings Prices $900 Million Bond Offering
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- Clear Use of Proceeds: The net proceeds from this offering will be used to fully redeem $400 million of its 3.25% senior unsecured notes, repay outstanding debt under its commercial paper program, and for general corporate purposes, thereby optimizing the company's capital structure.
- Interest Rate Advantage: The newly issued bonds feature relatively high interest rates, particularly the 5.500% notes, which may attract investors seeking stable returns while reflecting market confidence in ITC's future financial health.
- Positive Market Response: The successful pricing of this bond offering indicates strong market trust in ITC, which is expected to enhance its flexibility and competitiveness in future financing, supporting the company's ongoing growth strategy.
See More
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- Regulatory Compliance: The company also submitted its Form 40-F to the U.S. Securities and Exchange Commission, ensuring compliance in both countries, which enhances investor confidence and market transparency.
- Shareholder Meeting Preparation: Fortis plans to provide its Management Information Circular for the upcoming Annual Meeting of Shareholders by late March, demonstrating its commitment to shareholder communication and aiming to enhance shareholder engagement and corporate governance.
- Diversified Business Operations: Serving customers across five Canadian provinces, ten U.S. states, and the Caribbean with 9,900 employees, Fortis showcases its leadership in the North American utility industry, with future growth potential through ongoing investments and business expansion.
See More
Fortis Reports Q4 2025 Earnings with Dividend Growth Plan
- Earnings Beat: Fortis reported a Q4 2025 non-GAAP EPS of C$0.90, exceeding expectations by C$0.05, which reflects the company's strong performance in maintaining stable earnings and boosts investor confidence.
- Capital Plan Continuation: The new capital plan aims to extend decades of dividend growth, indicating Fortis's ongoing commitment to future cash flows and shareholder returns, potentially attracting more long-term investors.
- Positive Market Reaction: Following the earnings beat and dividend growth plan, Fortis's stock price is likely to experience upward momentum post-release, further solidifying its market position in the utility sector.
- Analyst Rating Attention: Seeking Alpha's quantitative rating on Fortis highlights market interest in its future performance, which may influence investor decisions and overall market sentiment.
See More
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- Earnings Release Schedule: Fortis Inc. will release its Q1 2026 financial results on May 6, 2026, with a teleconference and webcast at 8:30 a.m. (Eastern), aimed at providing shareholders and analysts with the latest financial insights.
- Executive Participation: President and CEO David Hutchens and CFO Jocelyn Perry will discuss the results, ensuring transparency and addressing questions from investors and analysts, thereby enhancing market confidence.
- Shareholder Meeting Details: Fortis will also hold its Annual Meeting of Shareholders on May 7, 2026, offering both in-person and online participation options, allowing shareholders to ask questions during the meeting, reflecting the company's commitment to shareholder engagement.
- Company Background: Fortis reported $12 billion in revenue for 2025 and total assets of $75 billion, employing 9,900 staff to serve utility customers across five Canadian provinces, ten U.S. states, and the Cayman Islands, underscoring its leadership in the North American utility sector.
See More
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- Mixed Market Performance: On Monday, major U.S. indices showed mixed results, with the S&P 500 closing at 7,173, having reached new highs before retreating, indicating cautious investor sentiment ahead of upcoming earnings reports.
- Rising Treasury Yields: Treasury yields increased across the board, with the 30-year bond yield at 4.94% and the 10-year note at 4.33%, reflecting market expectations for potential rate hikes amid rising oil prices and a strong dollar.
- Oil Price Surge: Brent crude oil prices rose by 2.74% to $108.20, while West Texas Intermediate increased by 2.15%, driven by ongoing geopolitical tensions in the Middle East, highlighting the impact of global events on energy markets.
- Increased Crypto Volatility: Bitcoin failed to break the $80,000 resistance level, closing at $76,140, as rising oil prices and geopolitical tensions led to profit-taking, underscoring the market's sensitivity to external factors affecting cryptocurrency valuations.
See More
Fortis to Release Q1 2026 Financial Results on May 6
- Earnings Release Schedule: Fortis Inc. will release its Q1 2026 financial results on May 6, 2026, with a teleconference and webcast scheduled for 8:30 a.m. (Eastern), expected to attract significant attention from investors and analysts.
- Executive Participation: CEO David Hutchens and CFO Jocelyn Perry will discuss the financial results, providing in-depth analysis of the company's performance, which will aid investors in understanding operational status.
- Diverse Participation Options: Investors can join the webcast via the company’s website or call designated numbers for Q&A, ensuring that all stakeholders can easily access information and engage with management.
- Annual Meeting Arrangement: Fortis will also hold its Annual Meeting of Shareholders on May 7, 2026, allowing shareholders to participate either in person or online, thereby enhancing interaction and transparency between the company and its investors.
See More
ITC Holdings Prices $900 Million Bond Offering
- Bond Offering Size: ITC Holdings has priced a private offering of $500 million and $400 million in senior unsecured notes at 4.875% and 5.500% respectively, expected to close on April 1, 2026, demonstrating the company's strong capital market presence and confidence.
- Clear Use of Proceeds: The net proceeds from this offering will be used to fully redeem $400 million of its 3.25% senior unsecured notes, repay outstanding debt under its commercial paper program, and for general corporate purposes, thereby optimizing the company's capital structure.
- Interest Rate Advantage: The newly issued bonds feature relatively high interest rates, particularly the 5.500% notes, which may attract investors seeking stable returns while reflecting market confidence in ITC's future financial health.
- Positive Market Response: The successful pricing of this bond offering indicates strong market trust in ITC, which is expected to enhance its flexibility and competitiveness in future financing, supporting the company's ongoing growth strategy.
See More
Fortis Files 2025 Financial Statements and Annual Information Form
- Financial Report Release: On February 12, 2026, Fortis Inc. filed its audited consolidated financial statements for the year ended December 31, 2025, reporting a revenue of CAD 12 billion and total assets of CAD 75 billion, indicating robust performance in the North American utility sector.
- Regulatory Compliance: The company also submitted its Form 40-F to the U.S. Securities and Exchange Commission, ensuring compliance in both countries, which enhances investor confidence and market transparency.
- Shareholder Meeting Preparation: Fortis plans to provide its Management Information Circular for the upcoming Annual Meeting of Shareholders by late March, demonstrating its commitment to shareholder communication and aiming to enhance shareholder engagement and corporate governance.
- Diversified Business Operations: Serving customers across five Canadian provinces, ten U.S. states, and the Caribbean with 9,900 employees, Fortis showcases its leadership in the North American utility industry, with future growth potential through ongoing investments and business expansion.
See More
Fortis Reports Q4 2025 Earnings with Dividend Growth Plan
- Earnings Beat: Fortis reported a Q4 2025 non-GAAP EPS of C$0.90, exceeding expectations by C$0.05, which reflects the company's strong performance in maintaining stable earnings and boosts investor confidence.
- Capital Plan Continuation: The new capital plan aims to extend decades of dividend growth, indicating Fortis's ongoing commitment to future cash flows and shareholder returns, potentially attracting more long-term investors.
- Positive Market Reaction: Following the earnings beat and dividend growth plan, Fortis's stock price is likely to experience upward momentum post-release, further solidifying its market position in the utility sector.
- Analyst Rating Attention: Seeking Alpha's quantitative rating on Fortis highlights market interest in its future performance, which may influence investor decisions and overall market sentiment.
See More
