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FTS

Fortis Inc.

FTS

NYSE·Utilities·Regulated Electric·Mkt cap $28.1B

$55.26

-0.56%

P/E

18.63

Mkt Cap

$28.1B

52-Wk Range

$48.64–$59.40

52-Week Range

$48.64 - $59.40

P/E

18.63

Fwd P/E

20.54

Beta

0.41

Div Yield

3.35%

Avg Vol

742.3K

Shares Out

507.4M

Mkt Cap

$28.1B

Price action

Price chart

Up 13.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Regulated utility monopolies across multiple jurisdictions with predictable revenue streams
  • Diversified geographic footprint reducing concentration risk across North America and Caribbean
  • Substantial renewable energy portfolio including hydroelectric, solar, and wind capacity
  • Long-established infrastructure with high barriers to entry and customer switching costs

Bear Case

2 risks

  • Low volatility (beta 0.4).
  • Growth premium of 1.1x vs Electric Utilities peers. Reasonable for this growth rate.

Growth

Revenue decline expected

Renewable energy transition and infrastructure modernization investments

Value

Growth premium of 1.1x vs Electric Utilities peers. Reasonable for this growth rate.

Momentum

Stable

+0.3% over 3m

Quality

Stable

High-growth business (32% revenue growth, 28% gross margin). Profitable with strong growth momentum.

Dividend

Solid

3.35% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

JUL 31, 2026

Reported EPS of $0.56 vs $0.55 consensus (+1.8% surprise). Revenue of $2.1B vs $1.8B expected (+12.5%). Beat on both top and bottom lines.

EPS beat +1.8%
Rev beat +12.5%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+1.8%

Revenue trend · last 8Q

+7%

+5%

+6%

+4%

+38%

+4%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$2.0B

$2.2B

$2.5B

$2.1B

$2.9B

$3.1B

$3.4B

$2.1B

Margins · last 8Q

Gross

Operating

Profit

13.5%

Wall Street consensus

5 analysts · 40% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

40%

Hold

3

60%

Sell

0%

Median Price Target

Latest: Scotiabank · Aug 4, 2026

vs Industry

How FTS stacks vs Regulated Electric

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.