NYSE:FTS Fortis (FTS) Stock Price, News & Analysis $50.83 +0.02 (+0.04%) Closing price 08/8/2025 03:59 PM EasternExtended Trading$50.81 -0.02 (-0.04%) As of 08/8/2025 04:36 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$50.77▼$51.1250-Day Range$46.61▼$50.8352-Week Range$40.32▼$51.45Volume566,508 shsAverage Volume600,394 shsMarket Capitalization$25.60 billionP/E Ratio20.92Dividend Yield3.50%Price Target$72.00Consensus RatingHold Company Overview Fortis 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™ Stocks96th Percentile Overall ScoreFTS MarketRank™: Fortis scored higher than 96% of companies evaluated by MarketBeat, and ranked 5th out of 98 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingHold Consensus RatingFortis has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageFortis has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.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 20.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortis is 20.92, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 15.40.Price to Earnings Growth RatioFortis has a PEG Ratio of 3.96. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFortis has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted1.69% of the outstanding shares of Fortis have been sold short.Short Interest Ratio / Days to CoverFortis has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.Change versus previous monthShort interest in Fortis has recently decreased by 4.17%, indicating that investor sentiment is improving. Dividend4.2 / 5Dividend StrengthStrong Dividend LeadershipFortis is a leading dividend payer. It pays a dividend yield of 3.51%, 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 73.25%. This payout ratio is at a healthy, sustainable level, below 75%.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 Shorted1.69% of the outstanding shares of Fortis have been sold short.Short Interest Ratio / Days to CoverFortis has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.Change versus previous monthShort interest in Fortis has recently decreased by 4.17%, indicating that investor sentiment is improving. 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 0.73 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Fortis this week, compared to 10 articles on an average week.Search Interest19 people have searched for FTS on MarketBeat in the last 30 days. This is an increase of 90% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Fortis to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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. 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 HeadlinesBMO Capital Keeps Their Hold Rating on Fortis (FTS)August 8 at 9:32 AM | theglobeandmail.comCCT Fortis Holdings Clarifies Valuation Method for Equity DisposalAugust 7 at 7:27 AM | tipranks.comTrump’s national nightmare is herePorter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger the biggest forced rotation of capital since World War II. They reveal why Trump is mobilizing America’s tech giants… and name the two stocks most likely to soar as trillions shift behind the scenes.August 9 at 2:00 AM | Porter & Company (Ad)Fortis (NYSE:FTS) Upgraded at DesjardinsAugust 6 at 3:39 AM | americanbankingnews.comFortis Stock Is Cruising Toward an All-Time High: Is It Too Late to Buy?August 5, 2025 | msn.comTD Securities Increases Price Target for Fortis (FTS) to C$77August 5, 2025 | gurufocus.comFortis (FTS) Receives Increased Price Target from National Bank AnalystAugust 5, 2025 | gurufocus.comFortis (FTS) Sees Price Target Boost from Raymond JamesAugust 5, 2025 | gurufocus.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 stock has increased by 22.3% and is now trading at $50.83. How were Fortis' earnings last quarter? Fortis (NYSE:FTS) announced its quarterly earnings results on Friday, August, 1st. The utilities provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.51 by $0.04. The utilities provider earned $2.03 billion during the quarter, compared to analyst estimates of $1.91 billion. Fortis had a trailing twelve-month return on equity of 7.24% and a net margin of 14.48%. Read the conference call transcript. Who are Fortis' major shareholders? Fortis' top institutional shareholders include Bank of Montreal Can (4.41%), TD Asset Management Inc (2.68%), Geode Capital Management LLC (1.08%) and Connor Clark & Lunn Investment Management Ltd. (0.83%). 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 Record date for 6/1 Dividend5/16/2025Ex-Dividend for 6/1 Dividend5/16/2025Dividend Payable6/01/2025Last Earnings8/01/2025Today8/09/2025Record date for 9/1 Dividend8/19/2025Ex-Dividend for 9/1 Dividend8/19/2025Dividend Payable9/01/2025Fiscal 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 Founded2006Price Target and Rating Average Price Target for Fortis$72.00 High Price Target$72.00 Low Price Target$72.00 Potential Upside/Downside+41.6%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Trailing Twelve Months)$2.43 Trailing P/E Ratio20.92 Forward P/E Ratio21.63 P/E Growth3.96Net Income$1.23 billion Net Margins14.48% Pretax Margin19.48% Return on Equity7.24% Return on Assets2.38% Debt Debt-to-Equity Ratio1.30 Current Ratio0.58 Quick Ratio0.63 Sales & Book Value Annual Sales$8.40 billion Price / Sales3.05 Cash Flow$5.20 per share Price / Cash Flow9.78 Book Value$34.41 per share Price / Book1.48Miscellaneous Outstanding Shares503,610,000Free FloatN/AMarket Cap$25.60 billion OptionableOptionable Beta0.46 Social Links These 7 Stocks Will Be Magnificent in 2025Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. 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