NYSE:FTS Fortis (FTS) Stock Price, News & Analysis $48.55 -0.43 (-0.88%) Closing price 05/2/2025 03:59 PM EasternExtended Trading$48.56 +0.01 (+0.02%) As of 05/2/2025 05:34 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. 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$48.40▼$49.0350-Day Range$43.40▼$49.4952-Week Range$38.15▼$49.65Volume695,412 shsAverage Volume625,491 shsMarket Capitalization$24.35 billionP/E Ratio20.57Dividend Yield3.50%Price TargetN/AConsensus 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™ Stocks47th Percentile Overall ScoreFTS MarketRank™: Fortis scored higher than 47% of companies evaluated by MarketBeat, and ranked 56th out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Fortis.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 20.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortis is 20.57, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 15.75.Price to Earnings Growth RatioFortis has a PEG Ratio of 3.94. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFortis has a P/B Ratio of 1.37. 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted1.66% of the float of Fortis has been sold short.Short Interest Ratio / Days to CoverFortis has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.Change versus previous monthShort interest in Fortis has recently increased by 23.11%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend YieldFortis pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFortis has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Fortis is 72.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Fortis will have a dividend payout ratio of 68.83% 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 Shorted1.66% of the float of Fortis has been sold short.Short Interest Ratio / Days to CoverFortis has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.Change versus previous monthShort interest in Fortis has recently increased by 23.11%, indicating that investor sentiment is decreasing significantly. News and Social Media3.2 / 5News Sentiment0.78 News SentimentFortis has a news sentiment score of 0.78. 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 WeekMarketBeat has tracked 14 news articles for Fortis this week, compared to 8 articles on an average week.Search Interest9 people have searched for FTS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows2 people have added Fortis to their MarketBeat watchlist in the last 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. Receive FTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortis and its competitors with MarketBeat's FREE daily newsletter. Email Address FTS Stock News Headlines3 Dividend All-Stars I’m Considering Right NowMay 4 at 2:19 PM | msn.comHow I’d Build a $15,000 Portfolio Around These 3 Blue-Chip Dividend StocksMay 4 at 9:19 AM | msn.comBuffett’s favorite chart just hit 209% – here’s what that means for goldA Historic Gold Announcement Is About to Rock Wall Street For months, sharp-eyed analysts have watched the quiet buildup behind the scenes. Now, in just days, the floodgates are set to open. The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent — and four tiny miners could be your ticket to 100X gains.May 4, 2025 | Golden Portfolio (Ad)3 Dividend All-Stars I'm Considering Right NowMay 4 at 8:36 AM | 247wallst.comThe 1 Canadian Dividend Stock Every Investor Should Own Right NowApril 30, 2025 | msn.comRRSP or TFSA: Where to Invest Your Tax RefundApril 30, 2025 | ca.finance.yahoo.comI’d Put $5,000 in These 2 Canadian Stocks Despite Current Market UncertaintyApril 30, 2025 | msn.comRRSP Wealth: 2 Canadian Dividend Stocks to Own for 20 YearsApril 29, 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 the year. Since then, FTS shares have increased by 16.8% and is now trading at $48.55. View the best growth stocks for 2025 here. How were Fortis' earnings last quarter? Fortis Inc. (NYSE:FTS) released its quarterly earnings results on Friday, February, 14th. The utilities provider reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. The utilities provider earned $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Fortis had a trailing twelve-month return on equity of 7.09% and a net margin of 14.12%. Read the conference call transcript. Who are Fortis' major shareholders? Fortis' top institutional shareholders include QV Investors Inc. (0.21%), Cidel Asset Management Inc. (0.18%), Bank of New York Mellon Corp (0.14%) and Intact Investment Management Inc. (0.09%). 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), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM). Company Calendar Last Earnings2/14/2025Record date for 3/1 Dividend2/18/2025Ex-Dividend for 3/1 Dividend2/18/2025Dividend Payable3/01/2025Today5/04/2025Next Earnings (Estimated)5/07/2025Record date for 6/1 Dividend5/16/2025Ex-Dividend for 6/1 Dividend5/16/2025Dividend Payable6/01/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryUtilities Current SymbolNYSE:FTS CIK1666175 Webwww.fortisinc.com Phone(709) 737-2800Fax709-737-5307Employees9,200Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.36 Trailing P/E Ratio20.57 Forward P/E Ratio20.66 P/E Growth3.94Net Income$1.17 billion Net Margins14.12% Pretax Margin18.89% Return on Equity7.09% Return on Assets2.34% Debt Debt-to-Equity Ratio1.30 Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$11.51 billion Price / Sales2.12 Cash Flow$5.76 per share Price / Cash Flow8.43 Book Value$35.42 per share Price / Book1.37Miscellaneous Outstanding Shares501,629,000Free FloatN/AMarket Cap$24.35 billion OptionableOptionable Beta0.50 Social Links 5G Stocks: The Path Forward is ProfitableEnter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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