$0.27 (0.47%)
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | David Gerard Hutchens |
| Industry | Regulated Electric |
| Sector | Utilities |
| Current Symbol | FTS |
| CUSIP | 349553107 |
| CIK | 0001666175 |
| Web | https://www.fortisinc.com |
| Phone | 17097372800 |
| Currency | USD |
| Employees | 9900 |
| Country | CA |
Liquidity
| Debt-to-Equity Ratio | 1.45 |
| Payout Ratio | 0.49 |
| Current Ratio | 0.49 |
| Quick Ratio | 0.41 |
| Cash Ratio | 0.04 |
Sales & Book Value
| Annual Sales | $12.17B |
| Price / Sales | 3.40 |
| Cash Flow | -4.23 |
| Price / Cash Flow | -19.28 |
| Price / Book | 1.70 |
Price Target and Rating
| Average Stock Price Forecast | $61.00 |
| High Stock Price Forecast | $61.00 |
| Low Stock Price Forecast | $61.00 |
| Forecast Upside/Downside | -4.93% |
| Consensus Rating | Neutral |
| Rating Score(0-5) | 3 |
| Research Coverage | 13 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $3.4 |
| Trailing P/E Ratio | 24.03 |
| PEG Ratio | 9.94 |
| P/E Growth | 9.94 |
| Net Income | $1.8B |
| Net Margin | 14.75% |
| Pretax Margin | 19.27% |
| Return on Equity | 7.51% |
| Return on Assets | 2.35% |
Financials Score
| AltmanZ Score | 0.84 |
| Piotroski Score | 6.00 |
| Working Capital | -4.36B |
| Total Assets | 76.91B |
| Ebit | 3.83B |
| Market Cap | 41.45B |
| Total Liabilities | 50.36B |
About Fortis Inc. (NYSE:FTS) Stock
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.
Fortis Inc. to Hold Teleconference and Webcast on July 31 to Discuss Second Quarter 2026 Results
2026-07-02 16:35:00
ST. JOHN'S, Newfoundland and Labrador, July 02, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2026 financial results on Friday, July 31, 2026. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results.
Implied Volatility Surging for Fortis Stock Options
2026-05-28 10:01:32
Investors need to pay close attention to FTS stock based on the movements in the options market lately.
RUCKUS Networks and Fortis Solutions Deliver Wi-Fi 7 Transformation at Oakland Arena
2026-05-28 08:00:00
RICHARDSON, Texas--(BUSINESS WIRE)-- #IntelligentNetworks--Vistance Networks (NASDAQ: VISN) announced RUCKUS Networks™, alongside Fortis Solutions, deployed a Wi-Fi 7 network modernization at Oakland Arena.
Fortis Q1 Earnings Call Highlights
2026-05-10 09:08:31
Fortis NYSE: FTS said it opened 2026 with first-quarter results in line with management expectations, as the regulated utility operator continued to advance a multiyear capital program and highlighted growing data center-related demand across parts of its service territory.
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, and Say on Pay
2026-05-07 14:45:00
ST. JOHN'S, Newfoundland and Labrador, May 07, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, and approving the non-binding advisory vote regarding the Corporation's approach to executive compensation.
Fortis Inc. (FTS:CA) Shareholder/Analyst Call Transcript
2026-05-07 13:01:23
Fortis Inc. (FTS:CA) Shareholder/Analyst Call Transcript
Fortis Inc. (FTS:CA) Q1 2026 Earnings Call Transcript
2026-05-06 11:41:19
Fortis Inc. (FTS:CA) Q1 2026 Earnings Call Transcript
Fortis Inc. Releases First Quarter 2026 Results
2026-05-06 06:00:00
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.
Frequently Asked Questions
What is the current Fortis Inc. (FTS) stock price?
Fortis Inc.(NYSE:FTS) stock price is $57.99 in the last trading session. During the trading session, FTS stock reached the peak price of $58.78 while $46.66 was the lowest point it dropped to. The percentage change in FTS stock occurred in the recent session was 0.47% while the dollar amount for the price change in FTS stock was $0.27.
FTS's industry and sector of operation?
The NYSE listed FTS is part of Regulated Electric industry that operates in the broader Utilities sector.
Who are the executives of FTS?
Karen McCarthy M.Ed
| Vice President of Communications and Government Relations
Tanya N. Finlay
| Vice President of People & Culture
David Gerard Hutchens
| President, Chief Executive Officer & Director
Gary J. Smith
| Executive Vice President of Operations & Technology
Jocelyn H. Perry
| Executive Vice President & Chief Financial Officer
How many employees does FTS have?
Number of FTS employees currently stands at 9900. FTS operates from Fortis Place, Saint John's, NF A1E 0E4, CA.
Link for FTS official website?
Official Website of FTS is: https://www.fortisinc.com
How do I contact FTS?
FTS could be contacted at phone #17097372800 and can also be accessed through its website. FTS operates from Fortis Place, Saint John's, NF A1E 0E4, CA.
How many shares of FTS are traded daily?
The average number of FTS shares traded daily for last 3 months was 697.44K.
What is the market cap of FTS currently?
The market value of FTS currently stands at $29.52B with its latest stock price at $57.99