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Upturn AI SWOT - About
FTS 
Fortis Inc (FTS)
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Upturn Advisory Summary
07/16/2025: FTS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
17 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $45.1
1 Year Target Price $45.1
| 1 | Strong Buy |
| 0 | Buy |
| 11 | Hold |
| 3 | Sell |
| 2 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 3.96% | Avg. Invested days 49 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/16/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 23.62B USD | Price to earnings Ratio 19.44 | 1Y Target Price 45.1 |
Price to earnings Ratio 19.44 | 1Y Target Price 45.1 | ||
Volume (30-day avg) 17 | Beta 0.34 | 52 Weeks Range 38.59 - 49.59 | Updated Date 07/16/2025 |
52 Weeks Range 38.59 - 49.59 | Updated Date 07/16/2025 | ||
Dividends yield (FY) 3.75% | Basic EPS (TTM) 2.42 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.69% | Operating Margin (TTM) 29.12% |
Management Effectiveness
Return on Assets (TTM) 3.02% | Return on Equity (TTM) 7.47% |
Valuation
Trailing PE 19.44 | Forward PE 18.87 | Enterprise Value 49640069953 | Price to Sales(TTM) 2.01 |
Enterprise Value 49640069953 | Price to Sales(TTM) 2.01 | ||
Enterprise Value to Revenue 5.79 | Enterprise Value to EBITDA 12.03 | Shares Outstanding 501595008 | Shares Floating 500767344 |
Shares Outstanding 501595008 | Shares Floating 500767344 | ||
Percent Insiders 0.11 | Percent Institutions 55.3 |
Upturn AI SWOT
Fortis Inc
Company Overview
History and Background
Fortis Inc. was founded in 1885 as the St. John's Electric Light Company in Newfoundland, Canada. It has evolved from a small utility provider to a diversified North American electric and gas utility company through strategic acquisitions and organic growth.
Core Business Areas
- Regulated Utilities: This segment includes electricity generation, transmission, and distribution services provided to residential, commercial, and industrial customers across North America.
- Electric Transmission: Focuses on the transmission of electricity, operating high-voltage transmission lines and infrastructure.
- Gas Distribution: Distributes natural gas to residential, commercial, and industrial customers.
Leadership and Structure
Fortis Inc. is led by a board of directors and an executive management team. The organizational structure comprises various operating subsidiaries responsible for specific geographic regions and utility services.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Distribution of electricity to residential, commercial, and industrial customers. Market share varies by region, with Fortis subsidiaries often holding dominant positions in their service territories. Competitors include other investor-owned utilities and municipal utilities.
- Natural Gas Distribution: Distribution of natural gas to residential, commercial, and industrial customers. Market share varies by region, similar to electricity distribution. Competitors include other investor-owned gas utilities.
- Electric Transmission Services: Provision of transmission services to wholesale electricity markets. Competition is often limited due to the regulated nature and large capital investment requirements of transmission infrastructure.
Market Dynamics
Industry Overview
The utility industry is characterized by regulated rates, stable demand, and high capital intensity. It is currently undergoing a transformation with increased focus on renewable energy, grid modernization, and distributed generation.
Positioning
Fortis Inc. is a leading North American utility company with a diversified portfolio of regulated assets, providing stability and predictable earnings. Its focus on regulated markets and long-term infrastructure investments provides a competitive advantage.
Total Addressable Market (TAM)
The total market value for electricity and natural gas in North America is substantial, estimated in the hundreds of billions of dollars annually. Fortis Inc. is well-positioned to capture a significant portion of this TAM through its regulated operations and infrastructure investments.
Upturn SWOT Analysis
Strengths
- Regulated business model provides stable earnings
- Diversified geographic footprint
- Strong credit rating
- Proven track record of acquisitions and integration
- Commitment to renewable energy
Weaknesses
- Exposure to regulatory risk
- Capital intensive business
- Susceptibility to weather-related events
- Reliance on debt financing
Opportunities
- Investment in renewable energy projects
- Expansion into new geographic markets
- Grid modernization initiatives
- Acquisition of smaller utilities
- Growth in electric vehicle adoption
Threats
- Changes in regulatory policies
- Increased competition from alternative energy sources
- Rising interest rates
- Economic downturns
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- NEE
- DUK
- SO
Competitive Landscape
Fortis competes effectively through its regulated asset base and geographic diversification. It focuses on providing reliable utility services and investing in infrastructure upgrades.
Major Acquisitions
ITC Holdings Corp
- Year: 2016
- Acquisition Price (USD millions): 11300
- Strategic Rationale: Expanded Fortis' footprint in the US electric transmission market, providing access to new growth opportunities.
Growth Trajectory and Initiatives
Historical Growth: Fortis Inc. has grown through a combination of organic growth and strategic acquisitions. The company has consistently expanded its asset base and earnings.
Future Projections: Future growth is expected to be driven by investments in renewable energy, grid modernization, and infrastructure expansion. Analyst estimates project continued earnings growth and dividend increases.
Recent Initiatives: Recent initiatives include investments in renewable energy projects, grid modernization programs, and the acquisition of smaller utilities.
Summary
Fortis Inc. presents a financially stable company due to its regulated utility operations. It strategically invests in renewable energy and grid modernization, with dividend payouts consistently increasing. However, it must navigate regulatory risks and capital-intensive investments while watching out for economic downturns and competitive energy sources. Overall, Fortis Inc. appears to be a reliable player with measured growth potential.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share estimates are approximate and may vary based on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fortis Inc
Exchange NYSE | Headquaters Saint John's, NF, Canada | ||
IPO Launch date 2016-01-04 | President, CEO & Director Mr. David Gerard Hutchens | ||
Sector Utilities | Industry Utilities - Regulated Electric | Full time employees 9800 | Website https://www.fortisinc.com |
Full time employees 9800 | Website https://www.fortisinc.com | ||
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,0,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 277,000 customers in Newfoundland and Labrador; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 18,000 customers on certain islands in Turks and Caicos. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in Saint John's, Canada.
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