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NYSE:FTS

Fortis (FTS) Stock Price, News & Analysis

Fortis logo
$50.83 +0.02 (+0.04%)
Closing price 08/8/2025 03:59 PM Eastern
Extended 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.

About Fortis Stock (NYSE:FTS)

Key Stats

Today's Range
$50.77
$51.12
50-Day Range
$46.61
$50.83
52-Week Range
$40.32
$51.45
Volume
566,508 shs
Average Volume
600,394 shs
Market Capitalization
$25.60 billion
P/E Ratio
20.92
Dividend Yield
3.50%
Price Target
$72.00
Consensus Rating
Hold

Company Overview

Fortis Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
96th Percentile Overall Score

FTS 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.

  • Consensus Rating

    Fortis 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 Coverage

    Fortis 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 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 20.92, 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. Sector

    The 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 Ratio

    Fortis has a PEG Ratio of 3.96. 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 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.69% of the outstanding shares of Fortis have been sold short.
  • Short Interest Ratio / Days to Cover

    Fortis has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Fortis has recently decreased by 4.17%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Fortis 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 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

    1.69% of the outstanding shares of Fortis have been sold short.
  • Short Interest Ratio / Days to Cover

    Fortis has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Fortis has recently decreased by 4.17%, indicating that investor sentiment is improving.
  • News Sentiment

    Fortis 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 Week

    MarketBeat has tracked 26 news articles for Fortis this week, compared to 10 articles on an average week.
  • Search Interest

    19 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 Follows

    Only 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.
  • 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

BMO Capital Keeps Their Hold Rating on Fortis (FTS)
Trump’s national nightmare is here
Porter 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.
Fortis (NYSE:FTS) Upgraded at Desjardins
See More Headlines

FTS Stock Analysis - Frequently Asked Questions

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.

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
.

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%).

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
Today
8/09/2025
Record date for 9/1 Dividend
8/19/2025
Ex-Dividend for 9/1 Dividend
8/19/2025
Dividend Payable
9/01/2025
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
9,848
Year Founded
2006

Price Target and Rating

High Price Target
$72.00
Low Price Target
$72.00
Potential Upside/Downside
+41.6%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.43
Trailing P/E Ratio
20.92
Forward P/E Ratio
21.63
P/E Growth
3.96
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
0.63

Sales & Book Value

Annual Sales
$8.40 billion
Price / Sales
3.05
Cash Flow
$5.20 per share
Price / Cash Flow
9.78
Book Value
$34.41 per share
Price / Book
1.48

Miscellaneous

Outstanding Shares
503,610,000
Free Float
N/A
Market Cap
$25.60 billion
Optionable
Optionable
Beta
0.46

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This page (NYSE:FTS) was last updated on 8/9/2025 by MarketBeat.com Staff
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