Fortis Inc (FTS)

Fortis Inc. is a Canadian electric and gas utility company with operations in Canada, the United States, and the Caribbean. Through its regulated utility businesses, the company generates, transmits, and distributes electricity and provides natural gas service to residential, commercial, and industrial customers across multiple jurisdictions. Its operations include electric utility service in southeastern Arizona and wholesale electricity sales in the western United States, as well as natural gas distribution in British Columbia. Fortis also serves customers in Alberta, Newfoundland and Labrador, Ontario, Prince Edward Island, and the Cayman Islands, and it owns and operates substantial distribution networks and generating assets, including hydroelectric and gas-fired facilities. Founded in 1885 and headquartered in St. John's, Canada, Fortis is listed on the NYSE as common stock under the symbol FTS.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-FTS
$42.50
-26.7% Downside
Overvalued
$53
-8.5% Downside
Fair
Good
3.2%
23.9x
1.7x
3.3x
29.49 B
57.138 B
44.7%
99.7%
4.1
50.2%
-104.6%
Valuation • Fair Value

Fortis Inc (NYSE-FTS) Fair Value by Valuation Model

Review the available estimates for Fortis Inc (NYSE-FTS), including DCF Fair Value, Ben Graham Formula Value, DDM Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$42.50

Estimated downside of 26.7% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$32.86

Discounted cash flow valuation reference.

Ben Graham Formula Value

$26.89

Classic Ben Graham valuation formula reference.

DDM Fair Value

$39.52

Dividend discount model valuation reference.

Comps Fair Value

$53.13

Comparable-company valuation reference.

Analyst Price Target

$53

Analysts imply downside of 8.5%.

How to read these valuation models

Use the 7 available valuation references for Fortis Inc (NYSE-FTS) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Fortis Inc (NYSE-FTS)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

8.708 B

Current operating scale indicator.

Revenue Forecast

9.219 B

Forward revenue estimate.

EBITDA

4.015 B

Current operating profitability reference.

EBITDA Forecast

4.406 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Fortis Inc (NYSE-FTS) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Fortis Inc (NYSE-FTS)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

4

Mid-range quality score.

Beneish M-Score

-2.58

No elevated caution signal from this screen.

Altman Z-Score

4.1

Relatively strong balance-sheet zone.

FCF / Net Income

-104.6%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Fortis Inc (NYSE-FTS). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Dividend Profile for Fortis Inc (NYSE-FTS)

Review the dividend metrics currently supported by the latest data.

Dividend Yield

3.2%

Current income yield reference.

Payout Ratio

50.2%

Dividend payout reference.

How to read events and dividends

Review the currently available dividend data for Fortis Inc (NYSE-FTS). No upcoming company event date is included in the latest data.

Stock Forecast • Technical Outlook

Fortis Inc (NYSE-FTS) Stock Forecast & Technical Outlook

Review Fortis Inc (NYSE-FTS) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Fortis Inc (NYSE-FTS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Fortis Inc (NYSE-FTS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Fortis Inc (NYSE-FTS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Fortis Inc (NYSE-FTS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Fortis Inc (NYSE-FTS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Fortis Inc (NYSE-FTS)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Fortis Inc (NYSE-FTS) has a Hold consensus, with 3 buy, 7 hold and 1 sell recommendations in the current data set.

Buy 3
Hold 7
Sell 1
FAQ • Fast Investor Answers

Fortis Inc (NYSE-FTS) Stock FAQ

Data-supported answers about Fortis Inc (NYSE-FTS), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$42.50
Estimated downside 26.7%
Valuation Rating
Overvalued
Estimated downside of 26.7%
Analyst Target
$53
Implied downside 8.5%
Financial Health
Good
Current financial-health read

The current fair value estimate for Fortis Inc (NYSE-FTS) is $42.50. This implies an estimated downside of 26.7% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 26.7% versus the current market price.

The available analyst price target for Fortis Inc (NYSE-FTS) is $53. The analyst target implies estimated downside of 8.5%.

The current financial health read for Fortis Inc (NYSE-FTS) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

Based on the current data, dividend yield is 3.2%.

The current P/E ratio listed for Fortis Inc (NYSE-FTS) is 23.9x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Fortis Inc is 29.49 B.

The current enterprise value listed for Fortis Inc is 57.138 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Fortis Inc is NYSE-FTS, and the stock is listed on NYSE.

Fortis Inc (NYSE-FTS) is listed on NYSE.

The current debt-to-total-capital ratio listed for Fortis Inc is 44.7%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Fortis Inc is 99.7%. Free float helps investors understand how much of the share base is available for public trading.