Fortis Inc (FTS)

Currency in CAD
80.18
-0.38(-0.47%)
Real-time Data·
Advertisement
Earnings results expected today
FTS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
80.1181.22
52 wk Range
67.1583.75
Key Statistics
Prev. Close
80.55
Open
80.59
Day's Range
80.11-81.22
52 wk Range
67.15-83.75
Volume
419.2K
Average Volume (3m)
1.48M
1-Year Change
18.2596%
Book Value / Share
44.7
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
FTS Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
80.23
Upside
+0.07%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings downwards for the upcoming period

Fortis Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

5 Buy
7 Hold
4 Sell
Ratings:
16 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 80.23
(+0.07% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
CIBC
Hold82.00+2.24%81.00Downgrade20/07/2026
Barclays
Buy83.00+3.49%84.00Maintain08/05/2026
BMO Capital
Hold79.00-1.50%77.00Maintain07/05/2026
Barclays
Buy84.00+4.74%-New Coverage28/04/2026
CIBC
Buy81.00+1.00%80.00Maintain20/04/2026

Fortis Inc Earnings Call Summary for Q2/2026

  • Fortis reported Q2 2026 EPS of CAD 0.78, beating forecast of CAD 0.7723; shares fell 0.58% to $80.55 despite modest beat.
  • Company invested CAD 2.7B in H1, on track for full-year CAD 5.6B target; reaffirmed 7% annual rate base growth through 2030.
  • Received approval for CAD 2B Tilbury LNG Phase 1B expansion in BC; construction may start mid-2027 with service beginning 2031.
  • Management maintained 4-6% annual dividend growth guidance through 2030, marking 52 consecutive years of dividend increases.
  • Identified growth in data centers (8-10 GW pipeline) and MISO transmission (USD 3.3-3.8B post-2030); refreshed capital plan due Q3.
Last Updated: 31/07/2026, 14:20
Read Full Transcript

Earnings

Latest Release
31/07/2026
EPS / Forecast
0.78 / 0.77
Revenue / Forecast
2.62B / 2.9B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.39%
Dividend Yield
3.16%
Industry Median 3.23%
Annualised payout
2.56
Paid quarterly
5-Years Growth
+5.02%
Growth Streak

Compare FTS to Peers and Sector

Metrics to compare
FTS
Peers
Sector
Relationship
P/E Ratio
23.9x23.3x12.1x
PEG Ratio
9.702.240.02
Price/Book
1.8x2.2x1.3x
Price / LTM Sales
3.4x3.5x1.7x
Upside (Analyst Target)
−0.1%4.1%17.2%
Fair Value Upside
Unlock−5.6%3.6%Unlock

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
Employees
9900
Market
Canada

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
159.29M31.29%12.91B
Other Institutional Investors
115.64M22.71%9.37B
Public Companies & Retail Investors
234.20M46.00%18.97B
Total
509.13M100.00%41.25B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BMO Asset Management Corp.4.87%24,783,9692,007,997
Fidelity International Ltd3.81%19,393,7901,571,285

People Also Watch

94.80
TRP
-0.54%
68.65
PPL
-2.71%
14.11
LSPD
+4.60%
30.25
BCE
-0.53%
6.400
BTE
+6.67%

FAQ

What Is the Fortis Inc (Toronto: FTS) Share Price Today?

The Fortis Inc stock price today is 80.18 CAD.

What Stock Exchange Does Fortis Inc (FTS) Trade On?

Fortis Inc is listed and trades on the Toronto Stock Exchange.

What Is the Ticker (Stock Symbol) for Fortis Inc?

The stock symbol (also called a 'ticker') for Fortis Inc is "FTS."

Does Fortis Inc Pay Dividends? What’s The Current FTS Dividend Yield?

Yes, FTS Pays Dividends to its Shareholders. The current Fortis Inc dividend yield is 3.11%.

What Is the Current Fortis Inc Market Capitalisation?

As of today, Fortis Inc (Toronto: FTS) market cap is 40.88B CAD.

What Is Fortis Inc's (FTS) Earnings Per Share (TTM)?

The Fortis Inc EPS is currently 3.39 (Trailing Twelve Months).

When Is the Next Fortis Inc Earnings Date?

Fortis Inc's next earnings report will be released on 31/07/2026.

Is FTS a Buy or Sell From a Technical Analyst Perspective?

Based on today's Fortis Inc moving averages and other technical indicators, the daily buy/sell signal for FTS stock is Strong Sell.

How Many Times Has Fortis Inc Stock Split?

Fortis Inc has split 1 times. (See the FTS stock split history page for full effective split date and price information.)

How Many Employees Does Fortis Inc Have?

Fortis Inc has 9900 employees, based on their latest Companies House report.

What is the current trading status of Fortis Inc (Toronto: FTS)?

As of 31/07/2026, Fortis Inc (FTS) is trading at a share price of 80.18 CAD, with a previous close of 80.55 CAD. The stock has fluctuated within a day range of 80.11 CAD to 81.22 CAD, while its 52-week range spans from 67.15 CAD to 83.75 CAD.

What Is Fortis Inc (FTS) Price Target According to Analysts?

The average 12-month price target for Fortis Inc is 80.23 CAD, with a high estimate of 85 CAD and a low estimate of 70 CAD. 5 analysts recommend buying the stock, while 4 suggest selling, leading to an overall rating of Neutral. The stock has an +0.07% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.