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Fortis Inc-Canada

Closed

SectorUtilities

56.92 -0.94

Overview

Share price change

24h

Current

Min

56.81

Max

57.62

Key metrics

By Trading Economics

Income

39M

524M

Sales

324M

3.4B

P/E

Sector Avg

24.296

30.902

EPS

0.73

Dividend yield

4.27

Profit margin

15.409

Employees

9,900

EBITDA

132M

1.6B

Recommendations

By TipRanks

Recommendations

Neutral

12 Months Forecast

+3.16% upside

Dividends

By Acuity

Dividend yield

Sector Avg

4.27%

3.21%

Next Dividend date

1 Sept 2026

Next Ex Dividend date

19 Aug 2026

Market Stats

By TradingEconomics

Market Cap

723M

30B

Previous open

57.86

Previous close

56.92

News Sentiment

By Acuity

49%

51%

42 / 89 Utilities

Fortis Inc-Canada Chart

Past performance is not a reliable indicator of future results.

Related News

31 Jul 2026, 20:04 UTC

News
Correlated Moves

Fortis Inc. reported second-quarter earnings per share of C$0.78, but shares declined amid rising costs and broader market sentiment affecting utility stocks.

30 Jul 2026, 16:12 UTC

Macro Event
Correlated Moves

Fortis Inc is lower today, influenced by declines in the Electric Utilities sub-sector and rising yields in recent U.S. Treasury Bill auctions.

29 Jul 2026, 19:03 UTC

Macro Event
Correlated Moves

Fortis Inc. shares are lower, breaking a series of higher closes, amid sector pressures and a cautious market outlook following the Federal Reserve's interest rate decision.

28 Jul 2026, 19:16 UTC

Correlated Moves

Fortis Inc continues its upward trend, reaching a session high earlier. The stock remains above its 20-day moving average amid positive market dynamics.

27 Jul 2026, 19:37 UTC

Fortis Inc's shares are lower today, reflecting broader market trends and falling oil prices impacting investor sentiment in the electric utilities sector.

25 Jul 2026, 00:02 UTC

Fortis Inc shares are higher in after-market trading, though no specific news explains the movement. This marks a departure from recent upward trends.

24 Jul 2026, 23:21 UTC

Fortis Inc shares are higher in after-market trading, reflecting notable strength since Friday's close, though no specific news has been identified for the movement.

22 Jul 2026, 19:25 UTC

Correlated Moves

Fortis Inc. is rising, supported by strength in the Electric Utilities sub-sector. The stock remains above its 20-day moving average amid favorable sector dynamics.

21 Jul 2026, 18:03 UTC

Fortis Inc. shares are lower today amid unusual volatility, despite an earlier rebound from session lows. The stock has declined since Monday's close.

20 Jul 2026, 17:37 UTC

Fortis Inc. shares are lower today, despite an initial high. Broader market sentiment may be affected by rising yields in the US 10Y Treasury Bond index.

Peer Comparison

Price change

Fortis Inc-Canada Forecast

Price Target

By TipRanks

3.16% upside

12 Months Forecast

Average 58.8 USD  3.16%

High 61 USD

Low 56.35 USD

Based on 8 Wall Street analysts offering 12 month price targets forFortis Inc-Canada - Dist in the last 3 months.

Rating Consensus

By TipRanks

Neutral

8 ratings

3

Buy

4

Hold

1

Sell

Sentiment

By Acuity

42 / 89 Utilities

News Sentiment

Bullish Evidence

Volatility

Below average

News Volume (RCV)

Above average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Fortis Inc-Canada

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 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 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 five 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 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
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