Fortis Inc. FTS

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59.75 USD +0.03 (+0.05%)

Nov 4, 2026, 9:48 AM EST

59.50 Day range 60.24
49.99 52-week range 60.24
YTD
+15.04%
1 year
+18.32%
Market cap
30.83B
Revenue (ttm)
12.35B
Profit margin
14.69%
EPS (ttm)
2.54
Shares out
510.90M
P/E ratio
23.53
Forward P/E
21.63
Dividend
1.85 (3.18%)
Ex-dividend date
Aug 18, 2026
YTD return
+15.04%
1-year return
+18.32%
Volume
87.14K
Avg volume
854.58K
Open
59.66
Previous close
59.72
Day's range
59.50 – 60.24
52-week range
49.99 – 60.24
Beta
0.43
Analysts
Hold
Price target
53.00 (-11.3%)
Earnings date
Feb 11, 2027

1M +7.38 (+14.04%)

52.505557.5060Oct 7Oct 14Oct 20Oct 26Nov 259.95

Key statistics

Enterprise value
70.02B
PEG ratio
2.73
Price / sales
2.47
Price / book
1.81
Dividend yield
3.12%
Payout ratio
74.56%
Revenue growth
4.10%
Free cash flow
-2.72B
Total cash
384.00M
Total debt
36.33B
Return on equity
7.47%
Short % of float
0.00%
50-day average
54.83
200-day average
55.95

Financials — quick view

All financials
FTS Revenue — quarterly 2.93B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
FTS Net income — quarterly 417.00M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
FTS EPS — quarterly 0.78
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

FTS recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 11, 2027Dec 30, 20260.67———
Nov 3, 2026Sep 30, 20260.630.66+0.03+4.76%
Jul 31, 2026Jun 30, 20260.550.56+0.01+1.82%
May 6, 2026Mar 31, 20260.700.72+0.02+2.86%
Feb 12, 2026Dec 31, 20250.620.65+0.03+4.84%
Nov 4, 2025Sep 30, 20250.610.59-0.02-3.28%

Upgrades / downgrades

FTS analyst upgrades and downgrades
DateFirmActionFromTo
Sep 29, 2026BarclaysmainOverweightOverweight
Aug 3, 2026RBC CapitalmainSector PerformSector Perform
Aug 3, 2026BarclaysmainOverweightOverweight
May 8, 2026BarclaysmainOverweightOverweight
Apr 28, 2026Barclaysinit—Overweight
May 8, 2025RBC CapitalmainSector PerformSector Perform

About Fortis Inc.

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
Industry
Utilities - Regulated Electric
Country
Canada

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Insider holders

FTS insider holders
InsiderRelationLatest transactionDateShares held
Finlay (Tanya Nicole)Senior Officer of IssuerAcquisition or disposition under a purchase/ownership planAug 31, 20268,029
Gosse, Karen JSenior Officer of IssuerAcquisition or disposition under a purchase/ownership planMar 1, 202652,343
Hutchens (David Gerard)Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)Acquisition or disposition under a purchase/ownership planAug 31, 2026140,528
Lochray (Stuart)Senior Officer of IssuerAcquisition or disposition under a purchase/ownership planAug 31, 202621,924
O Dea, ReganSenior Officer of IssuerAcquisition or disposition under a purchase/ownership planAug 31, 202615,495
Perry (Jocelyn H.)Senior Officer of IssuerAcquisition or disposition under a purchase/ownership planAug 31, 202627,931

Institution ownership

FTS institution ownership
Holder% heldSharesValueReported
Royal Bank of Canada6.72%34,638,3822.07BJun 29, 2026
Bank of Montreal /CAN/4.78%24,632,4011.47BJun 29, 2026
FIL LTD3.44%17,723,9351.06BJun 29, 2026
Vanguard Capital Management LLC2.98%15,389,677918.76MJun 29, 2026
TD Asset Management, Inc1.89%9,738,606581.39MJun 29, 2026
TD Waterhouse Canada Inc.1.84%9,504,530567.42MSep 29, 2026

Fund ownership

FTS fund ownership
Holder% heldSharesValueReported
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund1.44%7,424,332443.23MJul 30, 2026
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund0.96%4,971,158296.78MJun 29, 2026
Fidelity Concord Street Trust-Fidelity SAI Canada Equity Index Fund0.52%2,696,265160.97MAug 30, 2026
J.P. Morgan Exch-Trd Fd. TRT-JPMorgan BetaBuilders Canada ETF0.35%1,808,669107.98MJul 30, 2026
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Index Fd.0.23%1,208,78772.16MJul 30, 2026
iShares, Inc.-iShares MSCI Canada ETF0.23%1,197,11671.47MSep 29, 2026