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Fortis Inc.NYSE:FTS Stock Report

Market Cap US$25.3b
Share Price
US$50.44
My Fair Value
AN
AnalystConsensusTarget
US$49
2.0% overvalued intrinsic discount
1Y18.2%
7D2.9%
Portfolio Value
View

Fortis Inc.

NYSE:FTS Stock Report

Market Cap: US$25.3b

Fortis (FTS) Stock Overview

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. More details

FTS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health0/6
Dividends4/6

FTS Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Fortis Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortis
Historical stock prices
Current Share PriceCA$50.44
52 Week HighCA$51.45
52 Week LowCA$40.32
Beta0.32
1 Month Change7.59%
3 Month Change4.00%
1 Year Change18.15%
3 Year Change6.82%
5 Year Change23.36%
Change since IPO56.08%

Recent News & Updates

Fortis: The Buy Case For A Low-Risk Utility With Strong Earnings Visibility

Jun 10

Recent updates

Fortis: The Buy Case For A Low-Risk Utility With Strong Earnings Visibility

Jun 10

Behind The Billions: Fortis' Ambitious Vision For 2029

Dec 05

Fortis: 'Hold' Despite The Outperformance

Aug 22

Fortis: A Look At The Valuation On This Dividend Aristocrat

Jun 06

Fortis: The Sub-Par Performance Continues Due To Valuation

Mar 27

Fortis: Preferred Shares Deliver Yield And Outperform Common

Jan 10

Fortis: An Update On One Of The Larger Canadian Utilities, Maintain 'Hold'

Nov 06

Fortis: 8-9% Yielding Preferred Shares Offer A Lower Risk Prospect Vs. Common Shares

Aug 23

Fortis: A Stable High-Yielding Utility That Is Too Expensive

Jun 06

Fortis Q4 Earnings Preview

Feb 09

Fortis: A Dividend King In The Making

Jan 17

Fortis Warrants A Valuation Update After A 14% Drop - Close To A 'Buy'

Nov 08

Fortis Q3 2022 Earnings Preview

Oct 27

Fortis raises dividend 5.6% to CAD 0.565/share

Sep 28

Fortis subsidiary launches senior notes offering

Sep 08

Fortis: Completion Of Energy Projects Will Likely Push The Price Up

Aug 29

Fortis declares CAD 0.535 dividend

Jul 28

Fortis: Strong Renewable Ambitions And Financials But Appears Overpriced

May 24

Fortis: I Remain At 'Hold', But There Is A Potential Upside At 18X P/E

Mar 01

Shareholder Returns

FTSUS Electric UtilitiesUS Market
7D2.9%2.2%-1.2%
1Y18.2%16.2%21.3%

Return vs Industry: FTS exceeded the US Electric Utilities industry which returned 16.2% over the past year.

Return vs Market: FTS underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is FTS's price volatile compared to industry and market?
FTS volatility
FTS Average Weekly Movement2.3%
Electric Utilities Industry Average Movement2.7%
Market Average Movement6.5%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: FTS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FTS's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,800Dave Hutchenswww.fortisinc.com

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company 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 1,0,000 residential, commercial, and industrial customers in British Columbia, Canada.

Fortis Inc. Fundamentals Summary

How do Fortis's earnings and revenue compare to its market cap?
FTS fundamental statistics
Market capUS$25.34b
Earnings (TTM)US$1.24b
Revenue (TTM)US$8.64b
20.5x
P/E Ratio
2.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTS income statement (TTM)
RevenueCA$11.87b
Cost of RevenueCA$6.44b
Gross ProfitCA$5.44b
Other ExpensesCA$3.74b
EarningsCA$1.70b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.39
Gross Margin45.80%
Net Profit Margin14.31%
Debt/Equity Ratio130.8%

How did FTS perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
72%
Payout Ratio

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks
When do you need to buy FTS by to receive an upcoming dividend?
Fortis dividend dates
Ex Dividend DateAug 19 2025
Dividend Pay DateSep 01 2025
Days until Ex dividend12 days
Days until Dividend pay date25 days

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/06 22:06
End of Day Share Price 2025/08/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fortis Inc. is covered by 29 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Daniel FordBarclays
Ross FowlerBarclays