Fortis Declares Dividends Payable in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy FTS?
Source: Newsfilter
- Dividend Declaration: Fortis Inc. has announced dividends payable on June 1, 2026, to shareholders of record as of May 15, 2026, with common shares receiving $0.64 and preference shares ranging from $0.224630 to $0.3826875, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Tax Benefits: All declared dividends are designated as eligible for federal and provincial dividend tax credits, providing shareholders with tax advantages that enhance the attractiveness of their investments.
- Company Overview: Fortis is a diversified leader in the North American electric and gas utility industry, with 2024 revenues reaching CAD 12 billion and total assets of CAD 75 billion, demonstrating its solid market position and growth potential.
- Employee and Service Reach: Fortis employs 9,600 people and serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean, indicating its extensive market coverage and service capabilities.
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Analyst Views on FTS
Wall Street analysts forecast FTS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTS is 53.87 USD with a low forecast of 49.50 USD and a high forecast of 57.51 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
2 Buy
4 Hold
1 Sell
Hold
Current: 54.590
Low
49.50
Averages
53.87
High
57.51
Current: 54.590
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 Set to Announce Q4 Earnings on February 12
- Earnings Announcement: Fortis (FTS) is scheduled to release its Q4 earnings on February 12 before market open, with consensus EPS estimate at $0.62, reflecting a 25.3% year-over-year decline, and revenue expected at $2.31 billion, indicating potential profitability challenges.
- Historical Performance Review: Over the past two years, Fortis has beaten EPS estimates 100% of the time, yet has failed to exceed revenue estimates, highlighting ongoing challenges in revenue growth.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen six upward revisions and one downward revision, while revenue estimates have not seen any upward revisions and have experienced two downward revisions, suggesting a weakening market confidence in Fortis's future performance.
- Capital Plan Impact: Fortis's new capital plan aims to sustain decades of dividend growth, and despite the current unfavorable earnings outlook, the long-term strategy may provide stable returns for shareholders, thereby enhancing investor confidence.
See More
Fortis Declares Dividends Payable in 2026
- Dividend Declaration: Fortis Inc. has announced dividends payable on June 1, 2026, to shareholders of record as of May 15, 2026, with common shares receiving $0.64 and preference shares ranging from $0.224630 to $0.3826875, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Tax Benefits: All declared dividends are designated as eligible for federal and provincial dividend tax credits, providing shareholders with tax advantages that enhance the attractiveness of their investments.
- Company Overview: Fortis is a diversified leader in the North American electric and gas utility industry, with 2024 revenues reaching CAD 12 billion and total assets of CAD 75 billion, demonstrating its solid market position and growth potential.
- Employee and Service Reach: Fortis employs 9,600 people and serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean, indicating its extensive market coverage and service capabilities.
See More
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- Executive Participation: President and CEO David Hutchens, along with CFO Jocelyn Perry, will discuss the financial results, expected to provide detailed insights into the company's financial health and future outlook, aiding investors in their decision-making.
- Participation Details: Members of the North American financial community can participate toll-free by calling 1.833.821.0229, while international participants can dial 1.647.846.2371, ensuring they call in 10 minutes prior to the start for smooth participation.
- Webcast and Replay: The meeting will be available via live and archived audio webcast on Fortis's website, with a replay available two hours after the call until March 12, 2026, enhancing accessibility and transparency of information.
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See More
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- Earnings Release Schedule: Fortis Inc. will release its 2025 financial results on February 12, 2026, with a teleconference at 8:30 a.m. (Eastern) where executives will discuss the financial performance, drawing attention from investors and analysts.
- Participation Details: Interested shareholders, analysts, and media can listen to the teleconference via a live webcast on the company's website, with North American participants able to call 1.833.821.0229 toll-free for questions, while international participants can dial 1.647.846.2371.
- Registration Convenience: Participants can pre-register to receive a calendar invite and a unique access code to bypass the teleconference operator queue, with registration open until the end of the call, enhancing participation convenience.
- Financial Background: As of September 30, 2025, Fortis reported total assets of $75 billion and revenue of $12 billion for 2024, demonstrating its strong position and market presence in the North American electric and gas utility industry.
See More
Fortis Inc. to Release 2025 Financial Results on February 12, 2026
- Earnings Release Schedule: Fortis Inc. will announce its 2025 financial results on February 12, 2026, with a teleconference scheduled for 8:30 a.m. Eastern Time, 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 help investors understand future strategic directions.
- Diverse Participation Options: Investors can join the meeting via a live webcast on the company's website, while North American participants can call 1.833.821.0229 for free to ask questions, enhancing interaction opportunities with management.
- Financial Background Information: As of September 30, 2025, Fortis reported total assets of $75 billion and revenue of $12 billion for 2024, demonstrating its strong position and market presence in the North American electric and gas utility sector.
See More
Fortis Set to Announce Q4 Earnings on February 12
- Earnings Announcement: Fortis (FTS) is scheduled to release its Q4 earnings on February 12 before market open, with consensus EPS estimate at $0.62, reflecting a 25.3% year-over-year decline, and revenue expected at $2.31 billion, indicating potential profitability challenges.
- Historical Performance Review: Over the past two years, Fortis has beaten EPS estimates 100% of the time, yet has failed to exceed revenue estimates, highlighting ongoing challenges in revenue growth.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen six upward revisions and one downward revision, while revenue estimates have not seen any upward revisions and have experienced two downward revisions, suggesting a weakening market confidence in Fortis's future performance.
- Capital Plan Impact: Fortis's new capital plan aims to sustain decades of dividend growth, and despite the current unfavorable earnings outlook, the long-term strategy may provide stable returns for shareholders, thereby enhancing investor confidence.
See More
Fortis Declares Dividends Payable in 2026
- Dividend Declaration: Fortis Inc. has announced dividends payable on June 1, 2026, to shareholders of record as of May 15, 2026, with common shares receiving $0.64 and preference shares ranging from $0.224630 to $0.3826875, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Tax Benefits: All declared dividends are designated as eligible for federal and provincial dividend tax credits, providing shareholders with tax advantages that enhance the attractiveness of their investments.
- Company Overview: Fortis is a diversified leader in the North American electric and gas utility industry, with 2024 revenues reaching CAD 12 billion and total assets of CAD 75 billion, demonstrating its solid market position and growth potential.
- Employee and Service Reach: Fortis employs 9,600 people and serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean, indicating its extensive market coverage and service capabilities.
See More
Fortis Inc. to Release 2025 Financial Results on February 12
- Earnings Release Schedule: Fortis Inc. will announce its 2025 financial results on February 12, 2026, with a teleconference and webcast at 8:30 a.m. (Eastern), aimed at providing transparent communication to shareholders and analysts.
- Executive Participation: President and CEO David Hutchens, along with CFO Jocelyn Perry, will discuss the financial results, expected to provide detailed insights into the company's financial health and future outlook, aiding investors in their decision-making.
- Participation Details: Members of the North American financial community can participate toll-free by calling 1.833.821.0229, while international participants can dial 1.647.846.2371, ensuring they call in 10 minutes prior to the start for smooth participation.
- Webcast and Replay: The meeting will be available via live and archived audio webcast on Fortis's website, with a replay available two hours after the call until March 12, 2026, enhancing accessibility and transparency of information.
See More
Utility Stocks Show Weak Earnings Momentum, Ørsted and National Grid Rated F
- Earnings Momentum Ratings: Among large-cap utility stocks, Ørsted A/S and National Grid plc received an EPS revision grade of F, indicating significant downward pressure on analyst expectations for future earnings, which could lead to decreased investor confidence.
- Market Focus: Veolia Environnement SA and EDPR, S.A. also received EPS revision grades of F and D, respectively, highlighting that these companies are under greater earnings pressure, potentially impacting their stock performance and market competitiveness.
- Industry Trends: Evergy, Inc. and Duke Energy Corporation received D+ ratings, reflecting a broader weakening of earnings momentum in the utility sector, which may reduce investor interest in this industry.
- Investor Caution: As earnings season unfolds, market scrutiny on utility stocks intensifies, particularly for those with lower ratings, which may prompt investors to reassess associated risks.
See More
Fortis Inc. (FTS) to Release 2025 Financial Results on February 12, 2026
- Earnings Release Schedule: Fortis Inc. will release its 2025 financial results on February 12, 2026, with a teleconference at 8:30 a.m. (Eastern) where executives will discuss the financial performance, drawing attention from investors and analysts.
- Participation Details: Interested shareholders, analysts, and media can listen to the teleconference via a live webcast on the company's website, with North American participants able to call 1.833.821.0229 toll-free for questions, while international participants can dial 1.647.846.2371.
- Registration Convenience: Participants can pre-register to receive a calendar invite and a unique access code to bypass the teleconference operator queue, with registration open until the end of the call, enhancing participation convenience.
- Financial Background: As of September 30, 2025, Fortis reported total assets of $75 billion and revenue of $12 billion for 2024, demonstrating its strong position and market presence in the North American electric and gas utility industry.
See More
Fortis Inc. to Release 2025 Financial Results on February 12, 2026
- Earnings Release Schedule: Fortis Inc. will announce its 2025 financial results on February 12, 2026, with a teleconference scheduled for 8:30 a.m. Eastern Time, 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 help investors understand future strategic directions.
- Diverse Participation Options: Investors can join the meeting via a live webcast on the company's website, while North American participants can call 1.833.821.0229 for free to ask questions, enhancing interaction opportunities with management.
- Financial Background Information: As of September 30, 2025, Fortis reported total assets of $75 billion and revenue of $12 billion for 2024, demonstrating its strong position and market presence in the North American electric and gas utility sector.
See More
