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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
10/12/2026: FTS (2-star) is currently NOT-A-BUY. Pass it for now.
Fortis Inc is a major, diversified utility holding company known for its stable, regulated business model that provides essential electricity and gas services across North America. The company's core strength lies in its portfolio of regulated assets, which provide predictable cash flows and have supported over 50 years of consecutive dividend increases. Its primary growth story revolves around long-term investments in grid modernization and the transition to cleaner energy. Key risks include sensitivity to interest rate fluctuations, regulatory constraints on rate increases, and the high cost of maintaining physical infrastructure. Fortis is generally best suited for long-term, income-focused investors looking for lower-volatility exposure within the utility sector.
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 stocks typically offer lower capital appreciation compared to high-growth sectors. |
| Momentum investor | Weak fit | Utility stocks rarely exhibit the high-volatility price trends favored by momentum strategies. |
| Value investor | Mixed fit | Valuation is often tied to regulated rate bases rather than traditional P/E growth metrics. |
| Dividend investor | Strong fit | Fortis is highly regarded for its decades of consistent, rising dividend payments. |
| Low-risk investor | Strong fit | Regulated utilities offer stable, predictable cash flows and lower market volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Regulated utilities generally exhibit lower beta than the broader market. |
| Valuation risk | Medium | High interest rates can compress utility valuations as they become less attractive vs. bonds. |
| Competition risk (utility service area) | Low | Regulated franchises are typically monopolies within their specific geographic service territories. |
| Business quality | Strong | The company holds a strong portfolio of essential, highly-regulated infrastructure assets. |
| Dividend income | Strong | A long history of dividend increases provides reliable income for shareholders. |
| Execution risk | Medium | Timely completion of large-scale infrastructure projects is required to meet regulatory earnings targets. |
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 22.3% | Avg. Invested days 63 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/12/2026 |
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 27.24B USD | Price to earnings Ratio 21.67 | 1Y Target Price 53 |
Price to earnings Ratio 21.67 | 1Y Target Price 53 | ||
Volume (30-day avg) 819.4K shares | Beta 0.41 | 52 Weeks Range 47.96 - 58.91 | Updated Date 10/11/2026 |
52 Weeks Range 47.96 - 58.91 | Updated Date 10/11/2026 | ||
Dividends yield (FY) 4.75% | Basic EPS (TTM) 2.46 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Regulated Electric Utilities | Transmission and distribution fees charged to customers, subject to regulatory approval. | The company collects steady fees for keeping the power on for homes and businesses. |
| Regulated Gas Utilities | Natural gas delivery services and infrastructure maintenance. | Revenue is earned through delivering essential natural gas heating services. |
| Geography | Operations across Canada, the United States, and the Caribbean. | Diverse geographic exposure helps protect the company from localized economic or weather issues. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 21.67 | Forward PE 19.46 | Enterprise Value 54.01B | Price to Sales(TTM) 2.21 |
Enterprise Value 54.01B | Price to Sales(TTM) 2.21 | ||
Enterprise Value to Revenue 6.15 | Enterprise Value to EBITDA 12.76 | Shares Outstanding 510.90M | Shares Floating 509.58M |
Shares Outstanding 510.90M | Shares Floating 509.58M | ||
Percent Insiders 0.2 | Percent Institutions 57.65 |
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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