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FTS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
57.830
Open
57.050
VWAP
57.35
Vol
546.36K
Mkt Cap
29.11B
Low
57.050
Amount
31.34M
EV/EBITDA(TTM)
13.97
Total Shares
509.13M
EV
77.52B
EV/OCF(TTM)
19.09
P/S(TTM)
3.22
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.
Show More

Events Timeline

(ET)
2026-02-12
06:10:00
Fortis Announces $28.8 Billion Five-Year Capital Plan
select

News

Newsfilter
9.5
04-29Newsfilter
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.
Yahoo Finance
4.5
04-28Yahoo Finance
U.S. Stock Futures Mostly Lower as Earnings Reports Loom
  • 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.
Newsfilter
9.5
04-08Newsfilter
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.
seekingalpha
8.5
03-23seekingalpha
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.
Newsfilter
9.5
02-12Newsfilter
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.
seekingalpha
9.5
02-12seekingalpha
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.
Wall Street analysts forecast FTS stock price to rise
7 Analyst Rating
Wall Street analysts forecast FTS stock price to rise
2 Buy
4 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
49.50
Averages
53.87
High
57.51
Current: 0.000
sliders
Low
49.50
Averages
53.87
High
57.51
Barclays
Michael Lonegan
Overweight
initiated
$62
AI Analysis
2026-04-28
Reason
Barclays
Michael Lonegan
Price Target
$62
AI Analysis
2026-04-28
initiated
Overweight
Reason
Barclays analyst Michael Lonegan initiated coverage of Fortis with an Overweight rating and $62 price target. The stock's valuation does not fully reflect the company's "high-multiple" ITC Holdings and Canadian businesses, the analyst tells investors in a research note. The firm says Fortis also has incremental growth opportunities and positive regulatory developments in Arizona.
CIBC
NULL
to
Outperformer
maintain
$80 -> $81
2026-04-20
Reason
CIBC
Price Target
$80 -> $81
2026-04-20
maintain
NULL
to
Outperformer
Reason
CIBC raised the firm's price target on Fortis to C$81 from C$80 and keeps an Outperformer rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FTS
Unlock Now

Valuation Metrics

The current forward P/E ratio for Fortis Inc (FTS.N) is 21.64, compared to its 5-year average forward P/E of 19.07. For a more detailed relative valuation and DCF analysis to assess Fortis Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
19.07
Current PE
21.64
Overvalued PE
20.69
Undervalued PE
17.44

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.17
Current EV/EBITDA
10.45
Overvalued EV/EBITDA
13.32
Undervalued EV/EBITDA
11.02

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.47
Current PS
2.10
Overvalued PS
2.74
Undervalued PS
2.21

Financials

AI Analysis
Annual
Quarterly

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Whales Holding FTS

C
Canadian Imperial Bank of Commerce
Holding
FTS
+12.50%
3M Return
C
Connor, Clark & Lunn Investment Management Ltd.
Holding
FTS
+11.03%
3M Return
I
Intact Investment Management Inc.
Holding
FTS
+9.90%
3M Return
R
RBC Dominion Securities Inc.
Holding
FTS
+9.18%
3M Return
T
Tangerine Investment Management Inc.
Holding
FTS
+8.88%
3M Return
M
Mitsubishi UFJ Securities Holdings Co., Ltd.
Holding
FTS
+8.86%
3M Return

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Frequently Asked Questions

What is Fortis Inc (FTS) stock price today?

The current price of FTS is 57.18 USD — it has decreased -0.05

What is Fortis Inc (FTS)'s business?

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.

What is the price predicton of FTS Stock?

Wall Street analysts forecast FTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTS is53.87 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.

What is Fortis Inc (FTS)'s revenue for the last quarter?

Fortis Inc revenue for the last quarter amounts to 3.08B USD, increased 4.41

What is Fortis Inc (FTS)'s earnings per share (EPS) for the last quarter?

Fortis Inc. EPS for the last quarter amounts to 0.83 USD, increased 5.06

How many employees does Fortis Inc (FTS). have?

Fortis Inc (FTS) has 9926 emplpoyees as of May 04 2026.

What is Fortis Inc (FTS) market cap?

Today FTS has the market capitalization of 29.11B USD.