FTS official logo FTS
FTS 2-star rating from Upturn Advisory
Fortis Inc (FTS) company logo

Fortis Inc (FTS)

Fortis Inc (FTS) 2-star rating from Upturn Advisory
$52.27
Last Close (24-hour delay)
Profit since last BUY3.96%
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BUY since 32 days
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Upturn Advisory Summary

11/14/2025: FTS (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

3 star rating from financial analysts

17 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $47

1 Year Target Price $47

Analysts Price Target For last 52 week
$47 Target price
52w Low $39.21
Current$52.27
52w High $52.83

Analysis of Past Performance

Type Stock
Historic Profit 13.85%
Avg. Invested days 52
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/14/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 26.59B USD
Price to earnings Ratio 21.87
1Y Target Price 47
Price to earnings Ratio 21.87
1Y Target Price 47
Volume (30-day avg) 17
Beta 0.4
52 Weeks Range 39.21 - 52.83
Updated Date 11/15/2025
52 Weeks Range 39.21 - 52.83
Updated Date 11/15/2025
Dividends yield (FY) 4.70%
Basic EPS (TTM) 2.39

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 2025-11-04
When Before Market
Estimate 0.62
Actual 0.6188

Profitability

Profit Margin 14.7%
Operating Margin (TTM) 30.29%

Management Effectiveness

Return on Assets (TTM) 3.09%
Return on Equity (TTM) 7.61%

Valuation

Trailing PE 21.87
Forward PE 20.45
Enterprise Value 51938572662
Price to Sales(TTM) 2.21
Enterprise Value 51938572662
Price to Sales(TTM) 2.21
Enterprise Value to Revenue 6.04
Enterprise Value to EBITDA 12.43
Shares Outstanding 505400000
Shares Floating 503883800
Shares Outstanding 505400000
Shares Floating 503883800
Percent Insiders 0.25
Percent Institutions 54.49

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Fortis Inc

Fortis Inc(FTS) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Fortis Inc. was founded in 1885 as the St. John's Electric Light Company in Newfoundland, Canada. It has grown through strategic acquisitions and organic expansion to become a leading North American utility company.

Company business area logo Core Business Areas

  • Regulated Utilities: Includes electricity and gas utilities providing services to residential, commercial, and industrial customers.
  • Non-Regulated Generation: Encompasses power generation assets, primarily renewable energy sources.

leadership logo Leadership and Structure

Fortis Inc. is led by a board of directors and an executive management team. The company operates through various subsidiaries, each managed by its own leadership team.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Electricity Distribution: Distribution of electricity to residential, commercial, and industrial customers. Market share varies by region but they are a major player across North America. Competitors include local utility companies and other investor-owned utilities. No specific market share can be attributed to Electricity distribution as it varies across the markets.
  • Natural Gas Distribution: Distribution of natural gas to residential, commercial, and industrial customers. Market share varies by region. Competitors include local utility companies and other investor-owned utilities. No specific market share can be attributed to Natural Gas distribution as it varies across the markets.
  • Electric Generation: They are actively involved in electrical generation in North America. They own and operate several plants which have different market share based on region and type. This revenue source is approximately 10% of the companies total revenue.

Market Dynamics

industry overview logo Industry Overview

The utility industry is characterized by regulated markets, increasing demand for renewable energy, and infrastructure modernization needs.

Positioning

Fortis Inc. is positioned as a stable, diversified utility company with a focus on regulated assets and renewable energy. Its competitive advantage lies in its geographically diverse portfolio and consistent dividend growth.

Total Addressable Market (TAM)

The TAM for utilities in North America is estimated to be in the trillions of USD. Fortis Inc. is positioned to capture a significant portion of this market through its regulated utilities and renewable energy investments.

Upturn SWOT Analysis

Strengths

  • Regulated revenue streams
  • Diversified geographic footprint
  • Strong dividend history
  • Commitment to renewable energy
  • Stable business model

Weaknesses

  • Exposure to regulatory risks
  • Dependence on infrastructure investments
  • Susceptibility to weather-related events
  • Limited growth opportunities in mature markets

Opportunities

  • Investments in renewable energy projects
  • Expansion into new geographic markets
  • Infrastructure modernization initiatives
  • Acquisitions of other utility companies
  • Technological advancements in grid management

Threats

  • Changes in regulatory policies
  • Increasing competition from alternative energy sources
  • Rising interest rates
  • Economic downturns
  • Cybersecurity threats

Competitors and Market Share

Key competitor logo Key Competitors

  • NEE
  • DUK
  • SO
  • EXC
  • AEP

Competitive Landscape

Fortis Inc. competes with other large utility companies based on reliability, customer service, and financial performance. It is on the lower end of marketshare among its competitors. However it has higher valuation than the peer group.

Major Acquisitions

ITC Holdings Corp

  • Year: 2016
  • Acquisition Price (USD millions): 11300
  • Strategic Rationale: Expanded Fortis' presence in the US transmission sector and provided access to new markets.

Growth Trajectory and Initiatives

Historical Growth: Fortis Inc. has grown steadily over the past years through organic expansion and strategic acquisitions.

Future Projections: Analysts project continued growth for Fortis Inc., driven by investments in renewable energy and infrastructure modernization.

Recent Initiatives: Recent initiatives include investments in renewable energy projects and upgrades to existing infrastructure.

Summary

Fortis Inc. is a stable utility company with a diversified portfolio of regulated assets. Its consistent dividend growth and commitment to renewable energy make it an attractive investment. However, it faces regulatory risks and competition from alternative energy sources. Overall, the company is reasonably strong but needs to carefully manage regulatory risks and competition.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Website
  • Financial News Outlets
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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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 9600
Full time employees 9600

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.