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Fortis Inc. Stock Price

TSX:FTS Community·CA$39.4b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 112 Fair Values set on narratives written by author

FTS Share Price Performance

CA$76.26
9.21 (13.74%)
CA$78.90
Fair Value
CA$76.26
9.21 (13.74%)
3.3% undervalued intrinsic discount
CA$78.90
Fair Value
Price CA$76.26
AnalystConsensusTarget CA$78.90

FTS Community Narratives

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Fair Value CA$78.9 3.3% undervalued intrinsic discount

Analysts Lift Fortis Price Target Amid Positive Profit Margin Outlook and Key Developments

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CA$78.9
3.3% undervalued intrinsic discount
Revenue
5.84% p.a.
Profit Margin
15.48%
Future PE
22.2x
Price in 2029
CA$94.74

Trending Discussion

Updated Narratives

FTS logo

FTS: Fairly Valued Outlook Will Rely On Discount Rates And Profit Margins

Fair Value: CA$78.9 3.3% undervalued intrinsic discount
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Snowflake Analysis

Good value average dividend payer.

2 Risks
3 Rewards

Fortis Inc. Key Details

CA$12.2b

Revenue

CA$6.7b

Cost of Revenue

CA$5.6b

Gross Profit

CA$3.9b

Other Expenses

CA$1.7b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
3.37
45.51%
14.03%
132.4%
View Full Analysis

About FTS

Founded
1885
Employees
9900
CEO
David Hutchens
WebsiteView website
www.fortisinc.com

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.

Recent FTS News & Updates

Narrative Update May 20

FTS: Fairly Valued Outlook Will Rely On Discount Rates And Profit Margins

Analysts have nudged the Fortis price target higher to about CA$78.90. They cite recent target increases from several banks and updated assumptions around discount rates, profit margins and forward P/E that are only partly offset by a modest cut from one firm.

Recent updates

No updates