NYSE:FTS Fortis (FTS) Stock Price, News & Analysis $46.87 -0.46 (-0.97%) As of 01:44 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock About Fortis Stock (NYSE:FTS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Fortis alerts:Sign Up Key Stats Today's Range$46.72▼$47.3650-Day Range$46.46▼$49.8252-Week Range$38.15▼$50.06Volume197,449 shsAverage Volume609,384 shsMarket Capitalization$23.52 billionP/E Ratio19.79Dividend Yield3.80%Price Target$72.00Consensus RatingReduce Company OverviewFortis 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 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 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 five 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 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.Read More… Fortis Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks90th Percentile Overall ScoreFTS MarketRank™: Fortis scored higher than 90% of companies evaluated by MarketBeat, and ranked 58th out of 288 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.8 / 5Analyst RatingReduce Consensus RatingFortis has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageFortis has only been the subject of 2 research reports in the past 90 days.Read more about Fortis' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth5.11% Earnings GrowthEarnings for Fortis are expected to grow by 5.11% in the coming year, from $2.35 to $2.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fortis is 19.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortis is 19.85, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 19.84.Price to Earnings Growth RatioFortis has a PEG Ratio of 3.83. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFortis has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Fortis' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.87% of the float of Fortis has been sold short.Short Interest Ratio / Days to CoverFortis has a short interest ratio ("days to cover") of 16.1, which indicates bearish sentiment.Change versus previous monthShort interest in Fortis has recently decreased by 39.54%, indicating that investor sentiment is improving significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipFortis is a leading dividend payer. It pays a dividend yield of 3.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFortis has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Fortis is 75.11%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Fortis will have a dividend payout ratio of 72.06% next year. This indicates that Fortis will be able to sustain or increase its dividend.Read more about Fortis' dividend. Sustainability and ESG3.7 / 5Environmental Score-3.20 Percentage of Shares Shorted1.87% of the float of Fortis has been sold short.Short Interest Ratio / Days to CoverFortis has a short interest ratio ("days to cover") of 16.1, which indicates bearish sentiment.Change versus previous monthShort interest in Fortis has recently decreased by 39.54%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.99 News SentimentFortis has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Fortis this week, compared to 8 articles on an average week.Search InterestOnly 11 people have searched for FTS on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.MarketBeat Follows2 people have added Fortis to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Fortis insiders have not sold or bought any company stock.Percentage Held by Institutions57.77% of the stock of Fortis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Fortis' insider trading history. 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Email Address FTS Stock News HeadlinesUp by 19.4%: Is Fortis Stock Worth Buying Right Now?June 18 at 9:47 PM | msn.comCCT Fortis Holdings Secures Unanimous Shareholder Approval at AGMJune 18 at 5:50 AM | tipranks.com379 passengers walked away from thisWhy Elon Musk Just Invested $51 Million Into Brand New “Miracle Metal” Developed by MIT ScientistsJune 20, 2025 | True Market Insiders (Ad)3 Reasons Fortis Is a Must-Buy for Long-Term InvestorsJune 17 at 8:24 PM | ca.finance.yahoo.com3 Stocks to Consider for Your $7,000 TFSA Contribution This YearJune 17 at 3:23 PM | msn.comA $5,000 Investment Strategy to Supplement Your PensionJune 13, 2025 | msn.com5 Dividend Kings Are Delivering Massive Total Returns of Up to 34% This YearJune 13, 2025 | 247wallst.comA $10,000 Strategy for the Next Market CycleJune 10, 2025 | msn.comSee More Headlines FTS Stock Analysis - Frequently Asked Questions How have FTS shares performed this year? Fortis' stock was trading at $41.57 at the beginning of 2025. Since then, FTS shares have increased by 13.2% and is now trading at $47.0730. View the best growth stocks for 2025 here. How were Fortis' earnings last quarter? Fortis (NYSE:FTS) issued its quarterly earnings data on Wednesday, May, 7th. The utilities provider reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.01. The utilities provider earned $2.31 billion during the quarter, compared to analysts' expectations of $3.42 billion. Fortis had a net margin of 14.20% and a trailing twelve-month return on equity of 7.08%. Read the conference call transcript. Who are Fortis' major shareholders? Top institutional shareholders of Fortis include Royal Bank of Canada (5.57%), Vanguard Group Inc. (4.44%), TD Asset Management Inc (2.57%) and Scotia Capital Inc. (1.77%). How do I buy shares of Fortis? Shares of FTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Fortis own? Based on aggregate information from My MarketBeat watchlists, some other companies that Fortis investors own include Waste Connections (WCN), American Water Works (AWK), AU Optronics (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM). Company Calendar Last Earnings5/07/2025Record date for 6/1 Dividend5/16/2025Ex-Dividend for 6/1 Dividend5/16/2025Dividend Payable6/01/2025Today6/20/2025Next Earnings (Estimated)7/30/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry UTIL - ELEC PWR Sub-IndustryUtilities Current SymbolNYSE:FTS CIK1666175 Webwww.fortisinc.com Phone(709) 737-2800Fax709-737-5307Employees9,848Year FoundedN/APrice Target and Rating Average Stock Price Target$72.00 High Stock Price Target$72.00 Low Stock Price Target$72.00 Potential Upside/Downside+53.0%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.37 Trailing P/E Ratio19.85 Forward P/E Ratio20.03 P/E Growth3.83Net Income$1.23 billion Net Margins14.20% Pretax Margin19.03% Return on Equity7.08% Return on Assets2.34% Debt Debt-to-Equity Ratio1.34 Current Ratio0.76 Quick Ratio0.63 Sales & Book Value Annual Sales$8.40 billion Price / Sales2.81 Cash Flow$5.17 per share Price / Cash Flow9.11 Book Value$35.42 per share Price / Book1.33Miscellaneous Outstanding Shares501,700,000Free FloatN/AMarket Cap$23.62 billion OptionableOptionable Beta0.49 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.Get This Free Report This page (NYSE:FTS) was last updated on 6/20/2025 by MarketBeat.com Staff From Our PartnersWhat a “Mar-a-Lago Accord” could mean for the US dollar.25-Year Market Vet Issues Urgent Dollar Warning He's spent 25 years tracking the flow of global money - now...Stansberry Research | SponsoredPresidential Bombshell: $150T Resource to Be Released as soon as this Summer?Something extraordinary is happening in Washington. For the first time in over a century, a sitting Preside...Paradigm Press | Sponsored379 passengers walked away from thisWhy Elon Musk Just Invested $51 Million Into Brand New “Miracle Metal” Developed by MIT ScientistsTrue Market Insiders | SponsoredThe Robotics Revolution has arrived … and one $7 stock could take off as a result.Something big is brewing in Washington. 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