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Upturn AI Summary - About
Fortis Inc(FTS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FTS
10/26/2026: FTS (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Fortis Inc is a major North American regulated utility company known for its stable, low-risk business model and consistent dividend growth. By focusing on essential electric and gas infrastructure, it generates reliable cash flows that support over 50 years of annual dividend increases. Its primary growth story revolves around long-term investments in grid modernization and the ongoing electrification of the energy sector. However, the company faces risks from high capital expenditure needs, regulatory rate pressure, and interest rate sensitivity. It is a suitable investment for conservative, income-focused investors who value predictability, though those seeking high capital appreciation may find its steady, utility-driven growth profile less attractive.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | Utility growth is generally steady and predictable rather than exponential. |
| Momentum investor | Weak fit | This stock is a defensive play and rarely exhibits the high-volatility price momentum sought by this style. |
| Value investor | Mixed fit | Valuation is often tied closely to interest rate environments and regulated returns. |
| Dividend investor | Strong fit | With over 50 years of dividend growth, it is a hallmark holding for income-focused portfolios. |
| Low-risk investor | Strong fit | The regulated nature of the business provides low beta and high earnings visibility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Utilities generally move less than the broader market. |
| Valuation risk | Medium | Higher interest rates can compress valuation multiples for yield-sensitive stocks. |
| Competition risk | Low | Regulated franchises create high barriers to entry. |
| Business quality | Strong | The business model is highly resilient with essential service demand. |
| Dividend income | Strong | The long track record of increases signals high commitment to payout. |
| Execution risk | Medium | Large-scale infrastructure projects can face delays or cost overruns. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 25.71% | Avg. Invested days 56 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/26/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 29.61B USD | Price to earnings Ratio 23.56 | 1Y Target Price 53 |
Price to earnings Ratio 23.56 | 1Y Target Price 53 | ||
Volume (30-day avg) 918.3K shares | Beta 0.41 | 52 Weeks Range 47.96 - 58.91 | Updated Date 10/25/2026 |
52 Weeks Range 47.96 - 58.91 | Updated Date 10/25/2026 | ||
Dividends yield (FY) 4.38% | Basic EPS (TTM) 2.46 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Regulated Utilities | Rates charged for delivering electricity and gas to residential, commercial, and industrial customers. | The company collects recurring fees for basic services, providing reliable revenue regardless of economic cycles. |
| Geography | Operations spanning Canada, various U.S. states, and the Caribbean. | Geographic diversification helps mitigate the impact of localized regulatory changes or climate events. |
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 2026-11-03 | When Before Market | Estimate 0.65 | Actual - |
Profitability
Profit Margin 14.69% | Operating Margin (TTM) 28.32% |
Management Effectiveness
Return on Assets (TTM) 2.96% | Return on Equity (TTM) 7.47% |
Valuation
Trailing PE 23.56 | Forward PE 19.46 | Enterprise Value 54.65B | Price to Sales(TTM) 2.4 |
Enterprise Value 54.65B | Price to Sales(TTM) 2.4 | ||
Enterprise Value to Revenue 6.16 | Enterprise Value to EBITDA 12.78 | Shares Outstanding 510.90M | Shares Floating 509.58M |
Shares Outstanding 510.90M | Shares Floating 509.58M | ||
Percent Insiders 0.2 | Percent Institutions 57.68 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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