Free Trial
NYSE:FTS

Fortis (FTS) Stock Price, News & Analysis

Fortis logo
$49.85 +0.27 (+0.54%)
As of 11:43 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Fortis Stock (NYSE:FTS)

Key Stats

Today's Range
$49.42
$49.89
50-Day Range
$46.61
$50.83
52-Week Range
$40.32
$51.45
Volume
67,417 shs
Average Volume
595,360 shs
Market Capitalization
$25.10 billion
P/E Ratio
20.50
Dividend Yield
3.57%
Price Target
$72.00
Consensus Rating
Hold

Company Overview

Fortis Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
95th Percentile Overall Score

FTS MarketRank™: 

Fortis scored higher than 95% of companies evaluated by MarketBeat, and ranked 8th out of 99 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 Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Fortis has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • 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 20.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.67.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortis is 20.50, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 15.30.

  • Price to Earnings Growth Ratio

    Fortis has a PEG Ratio of 3.90. 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 1.45. 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

    1.70% 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 15.1, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Fortis has recently increased by 0.71%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Fortis is a leading dividend payer. It pays a dividend yield of 3.55%, 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 73.25%. This payout ratio is at a healthy, sustainable level, below 75%.

  • 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

    1.70% 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 15.1, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Fortis has recently increased by 0.71%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Fortis has a news sentiment score of 1.21. 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 0.96 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Fortis this week, compared to 11 articles on an average week.
  • Search Interest

    Only 14 people have searched for FTS on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Fortis to their MarketBeat watchlist in the last 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.
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.

By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

FTS Stock News Headlines

3 Canadian Dividend Stocks That Don’t Cut Their Payouts
BONUS GUIDE - Ben Stein Prepares For the Next Financial Crisis
With inflation high, debt soaring, and global tensions rising, a financial storm may be brewing. Economist Ben Stein—drawing on insights from his own experience and his father’s time advising two U.S. presidents—just released a new report on how to help protect your retirement from the next major crisis.tc pixel
Is Fortis a Good Dividend Stock to Buy Now?
See More Headlines

FTS Stock Analysis - Frequently Asked Questions

Fortis' stock was trading at $41.57 on January 1st, 2025. Since then, FTS stock has increased by 19.9% and is now trading at $49.8460.

Fortis (NYSE:FTS) posted its earnings results on Friday, August, 1st. The utilities provider reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.04. The utilities provider earned $2.03 billion during the quarter, compared to analysts' expectations of $1.91 billion. Fortis had a net margin of 14.48% and a trailing twelve-month return on equity of 7.24%.
Read the conference call transcript
.

Fortis' top institutional shareholders include Vanguard Group Inc. (4.57%), Bank of Montreal Can (4.41%), TD Asset Management Inc (2.68%) and Scotia Capital Inc. (1.75%).

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

Record date for 6/1 Dividend
5/16/2025
Ex-Dividend for 6/1 Dividend
5/16/2025
Dividend Payable
6/01/2025
Last Earnings
8/01/2025
Record date for 9/1 Dividend
8/19/2025
Ex-Dividend for 9/1 Dividend
8/19/2025
Today
8/29/2025
Dividend Payable
9/01/2025
Next Earnings (Estimated)
11/04/2025
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
CIK
1666175
Employees
9,200
Year Founded
2006

Price Target and Rating

High Price Target
$72.00
Low Price Target
$72.00
Potential Upside/Downside
+44.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.43
Trailing P/E Ratio
20.50
Forward P/E Ratio
21.21
P/E Growth
3.9
Net Income
$1.23 billion
Net Margins
14.48%
Pretax Margin
19.48%
Return on Equity
7.24%
Return on Assets
2.38%

Debt

Debt-to-Equity Ratio
1.30
Current Ratio
0.58
Quick Ratio
0.47

Sales & Book Value

Annual Sales
$8.40 billion
Price / Sales
2.99
Cash Flow
$5.17 per share
Price / Cash Flow
9.64
Book Value
$34.41 per share
Price / Book
1.45

Miscellaneous

Outstanding Shares
503,610,000
Free Float
N/A
Market Cap
$25.10 billion
Optionable
Optionable
Beta
0.46

Social Links

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

This page (NYSE:FTS) was last updated on 8/29/2025 by MarketBeat.com Staff
From Our Partners