LIVE

FTS

Fortis Inc.

FTS

NYSE·Utilities·Regulated Electric·Mkt cap $28.8B

$57.98

▲ +2.35%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$46.46 - $58.78

P/E

19.55

Fwd P/E

15.01

Beta

0.43

Div Yield

3.12%

Avg Vol

740.5K

Shares Out

507.4M

Mkt Cap

$28.8B

Price action

Price chart

Up 20.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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 0.8x vs Electric Utilities peers. Reasonable for this growth rate.

Growth

Moderate growth ahead

Renewable energy transition and infrastructure modernization investments

Value

Growth premium of 0.8x vs Electric Utilities peers. Reasonable for this growth rate.

Momentum

Stable

-0.3% over 3m

Quality

Stable

High-growth business (33% revenue growth, 33% gross margin). Profitable with strong growth momentum.

Dividend

Solid

3.12% yield

Earnings track record

Recent earnings results

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

Next: Jul 31, 2026

“
Q2 26 RECAP

MAY 6, 2026

Reported EPS of $0.72 vs $0.70 consensus (+2.9% surprise). Revenue of $2.4B vs $2.6B expected (-4.3%).

EPS beat +2.9%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+2.9%

Next: Jul 31, 2026

Revenue trend · last 8Q

—

—

—

+7%

+5%

+6%

+4%

+38%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$2.0B

$2.0B

$2.2B

$2.5B

$2.1B

$2.9B

$3.1B

$3.4B

Margins · last 8Q

Gross

27.6%

Operating

27.6%

Profit

15.5%

View full earnings history →

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

$61.50

▲ +6.1% vs $57.98

Low $61.00
Median $61.50
High $62.00

Latest: Barclays · $61.00 · May 8, 2026

1 analyst covering

View full analyst page →

vs Industry

How FTS stacks vs Regulated Electric

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

Industry comparison data unavailable for this stock.