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FORTIS INC

FTSNYSE
🏆 #458 by market capEarnings Nov 3US Equity
$53.06▼ $0.06 (−0.11%)
🌙 After hours$53.06▲ 0.00%Regular close · extended-hours price shown
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Track
24h▼ 0.1%
7d▼ 1.5%
14d▼ 0.8%
30d▼ 2.9%
ytd▲ 2.2%
1y▲ 5.9%
🏦Market Cap
$27.01B
Mid Cap
📈Revenue Growth (YoY)
+5.8%
Slowing
📊Gross Margin
28.2%
Moderate
💵FCF Margin
-15.3%
Thin
⚖️P/S Ratio
3.1x
Fair
Otter Score
72
Fair

Trading Snapshot

Day Range
$52.26 – $53.67
52-Week Range
$49.60 – $59.40
Volume
$2.52B
Avg Volume
$2.76B
Shares Outstanding
509.1M
Next Earnings
Nov 6, 2026

Fundamentals Snapshot

Annual Revenue
$12.17B
Last Q Revenue
$2.93B
P/E Ratio
22.0
P/S Ratio
3.1x
EPS (TTM)
$3.56
Dividend Yield
3.41%
Dilution (1yr)
+22.7%

Why Investors Own FTS

  • ✓High-growth profile — revenue up +41.7% YoY with expanding US Equity exposure.
  • ✓Healthy economics — 62% gross margin and 11% free-cash-flow margin.
  • ✓New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

FTS logo

FORTIS INC

FTS
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$12.2B▲ +5.8% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
72.3%▲ +0.7% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$3.5B▲ +6.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
−$2.2B▲ +62.6% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
609.0M▲ +22.7% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
−$34.3B▼ −$824M YoY
StockOtter · stockotter.space

About FORTIS INC

Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities. Beyond retail operations, Fortis is also a wholesale electricity vendor to other entities throughout the western United States. The company further possesses 65 MW of power generation from its own gas-fired and hydroelectric plants. Regarding its natural gas operations, Fortis serves approximately 1,065,000 residential, commercial, and industrial clients in British Columbia, Canada. In other Canadian territories, Fortis manages the electricity distribution network for approximately 577,000 customers across southern and central Alberta, and operates four hydroelectric facilities with a combined output of 225 MW. Additionally, it provides operational, maintenance, and management expertise for five other hydroelectric generating stations. The utility also ensures electricity supply to the island portion of Newfoundland and Labrador, featuring an installed generating capacity of 143 MW, and to Prince Edward Island, which has a capacity of 130 MW. Its integrated electric utility services extend to about 68,000 customers in Ontario, approximately 272,000 in Newfoundland and Labrador, around 32,000 on Grand Cayman in the Cayman Islands, and roughly 16,000 on select islands within Turks and Caicos. Internationally, Fortis holds long-term contracts for generation assets in Belize, comprising three hydroelectric plants totaling 51 MW, and owns the Aitken Creek natural gas storage facility. Its extensive infrastructure includes approximately 90,200 circuit kilometers (km) of electricity distribution lines and about 50,500 km of natural gas pipelines. Fortis Inc. was established in 1885 and maintains its corporate headquarters in St. John's, Canada.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)
💎Quality★★★★★
🚀Growth★★★★★
⚖️Valuation★★★★★
⚡Momentum★★★★★
💧Dilution★★★★★
Overall Score
Fair
72/100

Analyst Price Target

ⓘ
Average Target
$57.14
▲ +7.7% Upside
High Target$68.61
Low Target$52.66
Based on 38 analysts

Latest News & Updates

Reuters·1d ago

India's top court disposes of Fortis' petition against IHH Healthcare unit

Malaysia's IHH ​Healthcare said ‌on Monday that ​India's top ​court has disposed ⁠of ​Fortis Healthcare's ​petition challenging a court-ordered ​forensic ​audit relating to ‌a ⁠stake purchase by an IHH ​Healthcare ​unit

Seeking Alpha·11d ago

The Dividend Kings Ranked By Quality Scores (September 2026)

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank the Dividend Kings using my 9F Quality Scores, blending qualitative and quantitative factors

GlobeNewsWire·20d ago

Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes

The Base Shelf Prospectus is accessible, and the Prospectus Supplement and any Amendment to the Documents will be accessible through SEDAR+ within two business days.

Defense World·25d ago

Jupiter Topco LLC Makes New $2.25 Million Investment in Fortis $FTS

Jupiter Topco LLC purchased a new position in Fortis (NYSE: FTS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,244 shares of the uti

Defense World·Aug 30

1,947,424 Shares in Fortis $FTS Bought by BlackRock Inc.

BlackRock Inc. purchased a new stake in Fortis (NYSE: FTS) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,947,424 shares

Defense World·Aug 12

Fortis Inc. (TSE:FTS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Fortis Inc. (TSE: FTS - Get Free Report) have earned an average rating of "Moderate Buy" from the ten ratings firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock