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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
56.620
Open
56.210
VWAP
56.36
Vol
523.29K
Mkt Cap
28.76B
Low
55.990
Amount
29.50M
EV/EBITDA(TTM)
14.10
Total Shares
509.13M
EV
78.48B
EV/OCF(TTM)
19.86
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.
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Events Timeline

(ET)
2026-05-06
09:00:00
U.S. Stock Futures Rise as Oil Prices Drop Sharply
select
2026-05-06
06:30:00
Fortis Q1 2026 Results Meet Expectations
select
2026-05-05 (ET)
2026-05-05
15:00:00
Disney and Others Reporting Earnings Tomorrow
select

News

Newsfilter
9.0
05-07Newsfilter
Fortis Inc. Announces Annual Meeting Voting Results
  • Election Results: At the Annual Meeting, Fortis shareholders elected 12 directors with support rates exceeding 96%, notably Mary C. Hemmingsen received 99.87% approval, indicating strong shareholder confidence in governance, which enhances management stability and trust.
  • Auditor Appointment: Shareholders approved Deloitte LLP as the Corporation's auditors with a 99.78% support rate, ensuring financial transparency and compliance, which is crucial for boosting investor confidence and the company's reputation.
  • Compensation Vote: The non-binding advisory vote on executive compensation passed with 95.15% approval, reflecting shareholder endorsement of the compensation policy, while also providing a basis for future adjustments to the pay structure, potentially impacting executive incentive designs.
  • Company Overview: Fortis reported $12 billion in revenue for 2025 and total assets of $77 billion, employing 9,900 staff to serve utility customers across five Canadian provinces, ten U.S. states, and the Cayman Islands, showcasing its leadership in the North American utility sector.
seekingalpha
9.5
05-06seekingalpha
Fortis Reports Q1 2023 Earnings with Strong Capital Plans
  • Earnings Performance: Fortis reported a GAAP EPS of C$0.99 for Q1 2023, demonstrating the company's ongoing ability to generate stable earnings, which enhances investor confidence in its future growth prospects.
  • Capital Expenditure Plans: The company recorded C$1.4 billion in capital expenditures in the first quarter, aligning with its C$5.6 billion annual capital plan, indicating a strong commitment to infrastructure investment that will improve service quality and customer satisfaction.
  • Long-Term Growth Outlook: Fortis's C$28.8 billion five-year capital plan is expected to increase the midyear rate base from C$42.4 billion in 2025 to C$57.9 billion by 2030, translating into a compound annual growth rate of 7%, laying a solid foundation for future earnings growth.
  • Dividend Growth Guidance: The anticipated long-term growth in the rate base is expected to drive earnings that support a dividend growth guidance of 4-6% annually through 2030, further enhancing shareholder return expectations.
seekingalpha
9.5
05-05seekingalpha
Fortis Scheduled to Announce Q1 Earnings on May 6
  • Earnings Announcement Timing: Fortis is set to announce its Q1 2023 earnings before market open on May 6, drawing significant attention from investors regarding its performance amid the current economic climate.
  • Earnings Expectations: The consensus EPS estimate stands at $0.73, with revenue projected at $2.61 billion, which could directly influence investor confidence and market reactions.
  • Historical Performance Review: Over the past two years, Fortis has beaten EPS estimates 100% of the time, although it has not exceeded revenue expectations, indicating stable profitability but challenges in revenue growth.
  • Estimate Revision Trends: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, reflecting a cautious market sentiment regarding Fortis's future earnings potential, which may affect investor decisions.
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.
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
downgrade
$62 -> $61
AI Analysis
2026-05-08
Reason
Barclays
Michael Lonegan
Price Target
$62 -> $61
AI Analysis
2026-05-08
downgrade
Overweight
Reason
Barclays analyst Michael Lonegan lowered the firm's price target on Fortis to $61 from $62 and keeps an Overweight rating on the shares.
TD Securities
Buy
maintain
$83 -> $84
2026-05-07
Reason
TD Securities
Price Target
$83 -> $84
2026-05-07
maintain
Buy
Reason
TD Securities raised the firm's price target on Fortis to C$84 from C$83 and keeps a Buy 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 21.60, compared to its 5-year average forward P/E of 19.09. 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
19.09
Current PE
21.60
Overvalued PE
20.73
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
12.12
Current EV/EBITDA
10.52
Overvalued EV/EBITDA
13.26
Undervalued EV/EBITDA
10.98

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
2.07
Overvalued PS
2.74
Undervalued PS
2.20

Financials

AI Analysis
Annual
Quarterly

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Whales Holding FTS

T
The Bank of Nova Scotia
Holding
FTS
+15.08%
3M Return
N
National Bank Investments Inc.
Holding
FTS
+14.74%
3M Return
T
The Toronto-Dominion Bank
Holding
FTS
+13.56%
3M Return
B
BMO Asset Management
Holding
FTS
+13.03%
3M Return
C
Canadian Imperial Bank of Commerce
Holding
FTS
+12.98%
3M Return
R
RBC Dominion Securities Inc.
Holding
FTS
+12.78%
3M Return

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Frequently Asked Questions

What is Fortis Inc (FTS) stock price today?

The current price of FTS is 56.48 USD — it has increased 0.44

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 3.40B USD, increased 1.95

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

Fortis Inc. EPS for the last quarter amounts to 0.99 USD, decreased -1.00

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

Fortis Inc (FTS) has 9926 emplpoyees as of May 25 2026.

What is Fortis Inc (FTS) market cap?

Today FTS has the market capitalization of 28.76B USD.