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TSE:FTS

Fortis (FTS) Stock Price, News & Analysis

Fortis logo
C$67.80 -0.47 (-0.69%)
As of 04:15 PM Eastern

About Fortis Stock (TSE:FTS)

Key Stats

Today's Range
C$67.78
C$68.65
50-Day Range
C$62.50
C$68.27
52-Week Range
C$52.19
C$68.65
Volume
1.36 million shs
Average Volume
1.78 million shs
Market Capitalization
C$33.54 billion
P/E Ratio
20.12
Dividend Yield
3.63%
Price Target
C$63.14
Consensus Rating
Reduce

Company Overview

Fortis owns and operates 10 utility transmission and distribution assets in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. ITC operates electric transmission in seven U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation serving a peak load in excess of 23 gigawatts.

Fortis Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
15th Percentile Overall Score

FTS MarketRank™: 

Fortis scored higher than 15% of companies evaluated by MarketBeat. 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 1.78, and is based on no buy ratings, 7 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Fortis has only been the subject of 4 research reports in the past 90 days.

  • Read more about Fortis' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortis is 20.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.75.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortis is 20.12, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 15.68.

  • Price to Earnings Growth Ratio

    Fortis has a PEG Ratio of 3.01. 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 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for FTS.
  • Dividend Leadership

    Fortis is a leading dividend payer. It pays a dividend yield of 3.78%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Fortis does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Fortis is 73.02%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Fortis' dividend.
  • Short Interest

    There is no current short interest data available for FTS.
  • News Sentiment

    Fortis has a news sentiment score of 0.73. 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 15 news articles for Fortis this week, compared to 4 articles on an average week.
  • Search Interest

    Only 7 people have searched for FTS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Fortis to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 Insiders

    Only 0.04% of the stock of Fortis is held by insiders.

  • Percentage Held by Institutions

    57.37% 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

Fortis share price
The Man I Turn to In Times Like This
A storm is brewing in the markets: new tariffs, recession warnings, and panic in the headlines. That’s when publisher Brett Aitken turns to Whitney Tilson—a man CNBC once dubbed “The Prophet.” Tilson just released a new prediction that runs counter to what mainstream finance is telling you.
National Bank Financial Estimates Fortis Q1 Earnings
See More Headlines

FTS Stock Analysis - Frequently Asked Questions

Fortis' stock was trading at C$59.73 at the beginning of the year. Since then, FTS stock has increased by 13.5% and is now trading at C$67.80.
View the best growth stocks for 2025 here
.

Fortis Inc. (TSE:FTS) released its earnings results on Tuesday, November, 5th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.04. Fortis had a net margin of 14.53% and a trailing twelve-month return on equity of 7.48%.

Shares of FTS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fortis investors own include Enbridge (ENB), TELUS (T), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), BCE (BCE) and Bank of Montreal (BMO).

Company Calendar

Last Earnings
11/05/2024
Ex-Dividend for 3/1 Dividend
2/18/2025
Record date for 3/1 Dividend
3/01/2025
Dividend Payable
3/01/2025
Today
5/01/2025
Record date for 6/1 Dividend
5/16/2025
Dividend Payable
6/01/2025

Industry, Sector and Symbol

Stock Exchange
TSE
Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
Current Symbol
TSE:FTS
CIK
N/A
Fax
N/A
Employees
9,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$63.14
High Stock Price Target
C$70.00
Low Stock Price Target
C$53.00
Potential Upside/Downside
-7.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.78
Research Coverage
9 Analysts

Profitability

Trailing P/E Ratio
20.17
Forward P/E Ratio
20.33
P/E Growth
3.01
Net Income
C$1.66 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$11.41 billion
Cash Flow
C$1.03 per share
Price / Cash Flow
65.80
Book Value
C$49.16 per share
Price / Book
1.38

Miscellaneous

Free Float
N/A
Market Cap
C$33.62 billion
Optionable
Not Optionable
Beta
0.23
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This page (TSE:FTS) was last updated on 5/1/2025 by MarketBeat.com Staff
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