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NYSE:FTS

Fortis (FTS) Stock Price, News & Analysis

Fortis logo
$47.30 +0.22 (+0.46%)
Closing price 03:40 PM Eastern
Extended Trading
$47.30 0.00 (0.00%)
As of 04:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Fortis Stock (NYSE:FTS)

Key Stats

Today's Range
$47.02
$47.51
50-Day Range
$46.46
$49.82
52-Week Range
$39.02
$50.06
Volume
338,179 shs
Average Volume
615,061 shs
Market Capitalization
$23.73 billion
P/E Ratio
19.96
Dividend Yield
3.76%
Price Target
$72.00
Consensus Rating
Reduce

Company Overview

Fortis Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
93rd Percentile Overall Score

FTS MarketRank™: 

Fortis scored higher than 93% of companies evaluated by MarketBeat, and ranked 28th out of 294 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Fortis has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Fortis has only been the subject of 3 research reports in the past 90 days.

  • Read more about Fortis' stock forecast and price target.
  • Earnings Growth

    Earnings 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 Market

    The P/E ratio of Fortis is 19.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.53.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortis is 19.96, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 20.45.

  • Price to Earnings Growth Ratio

    Fortis has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Fortis has a P/B Ratio of 1.34. 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.
  • Percentage of Shares Shorted

    1.74% of the float of Fortis has been sold short.
  • Short Interest Ratio / Days to Cover

    Fortis has a short interest ratio ("days to cover") of 14.4, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Fortis has recently decreased by 6.92%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Fortis is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Fortis has been increasing its dividend for 5 years.

  • Dividend Coverage

    The dividend payout ratio of Fortis is 75.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based 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.
  • Percentage of Shares Shorted

    1.74% of the float of Fortis has been sold short.
  • Short Interest Ratio / Days to Cover

    Fortis has a short interest ratio ("days to cover") of 14.4, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Fortis has recently decreased by 6.92%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Fortis has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Fortis this week, compared to 9 articles on an average week.
  • Search Interest

    Only 11 people have searched for FTS on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
  • MarketBeat Follows

    2 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Fortis insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    57.77% 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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FTS Stock News Headlines

A grave, grave error.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
See More Headlines

FTS Stock Analysis - Frequently Asked Questions

Fortis' stock was trading at $41.57 at the beginning of the year. Since then, FTS shares have increased by 13.8% and is now trading at $47.2960.

Fortis (NYSE:FTS) announced its earnings results 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 the consensus estimate 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
.

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.

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 Earnings
5/07/2025
Record date for 6/1 Dividend
5/16/2025
Ex-Dividend for 6/1 Dividend
5/16/2025
Dividend Payable
6/01/2025
Today
7/03/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
UTIL - ELEC PWR
Sub-Industry
Utilities
Current Symbol
NYSE:FTS
Employees
9,848
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$72.00
High Stock Price Target
$72.00
Low Stock Price Target
$72.00
Potential Upside/Downside
+51.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.86
Research Coverage
7 Analysts

Profitability

Trailing P/E Ratio
20.01
Forward P/E Ratio
20.18
P/E Growth
3.86
Net Income
$1.23 billion
Pretax Margin
19.03%

Debt

Sales & Book Value

Annual Sales
$8.40 billion
Cash Flow
$5.15 per share
Price / Cash Flow
9.21
Book Value
$35.42 per share
Price / Book
1.34

Miscellaneous

Free Float
N/A
Market Cap
$23.79 billion
Optionable
Optionable
Beta
0.48

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This page (NYSE:FTS) was last updated on 7/3/2025 by MarketBeat.com Staff
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