| Indicators | Browse All

Fortis Inc. (FTS)

Utilities | Utilities - Regulated Electric | St. John's, Canada | NYSE
54.66 USD -0.19 (-0.346%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 54.88 +0.22 (0.394%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 4:24 a.m. EDT

Fortis presents a classic defensive utility profile with a robust long-term trajectory, yet it is currently trapped in a short-term consolidation pattern that limits immediate upside potential. The business fundamentals are sound, evidenced by a nearly 53% cumulative gain over the last nine years and a clean slate of consecutive annual declines, suggesting the market has fully priced in past volatility. However, the stock is currently trading below its 50-day moving average, and the recent price action shows a slight drift downward, preventing a strong momentum rating. The dividend yield of 3.29% is attractive and appears sustainable given the 74% payout ratio and consistent annual hikes, making it a solid income play. Yet, the options market tells a cautionary tale: traders are aggressively buying protection at the money while offering very little leverage for a rally. This asymmetry suggests that while the long-term story remains intact, the near-term path is likely to be choppy and range-bound, with the downside protected by heavy put activity. Investors should view this as a hold for steady compounding rather than a vehicle for rapid capital appreciation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.035323
AutoETS0.044096
AutoARIMA0.044096
MSTL0.048743

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 60%
H-stat 1.67
Ljung-Box p 0.000
Jarque-Bera p 0.405
Excess Kurtosis -0.82
Attribute Value
Sector Utilities
Ex Dividend Date 2026-08-18
Last Dividend Date 2026-08-18
Debt to Equity Ratio 132.271
Revenue per Share 24.347
Market Cap 27,925,794,816
Trailing P/E 22.31
Forward P/E 19.75
Beta 0.43
Profit Margins 14.69%
Website https://www.fortisinc.com

As of Aug. 22, 2026, 4:24 a.m. EDT: Speculators are positioning defensively with heavy put volume concentrated at the money and just out-of-the-money strikes, creating a significant 'floor' around the $50-$55 range. This suggests a fear of downside volatility rather than a bullish breakout. Conversely, call interest is sparse and skewed toward distant strikes ($60-$70), indicating limited immediate upside conviction. Implied volatility is notably lower for puts than calls, reflecting a market pricing in a 'range-bound' scenario where the downside risk is perceived as more probable than a sharp rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.82% 2.50% 3.51% 3.65%
Dividend History
Date Dividend Yield %
2026-08-19 0.461 0.819847
2026-05-15 0.467 0.853592
2026-02-17 0.469 0.823096
2025-08-19 0.445 0.885748
2025-05-16 0.441 0.935115
2025-02-18 0.434 0.994956
2024-11-18 0.437 0.988241
2024-08-20 0.433 0.993119
2024-05-16 0.434 1.063465
2024-02-15 0.436 1.114235
2023-11-16 0.431 1.050195
2023-08-18 0.417 1.051702
2023-05-16 0.420 0.950441
2023-02-14 0.424 1.026883
2022-11-16 0.426 1.063670
2022-08-18 0.414 0.891473
2022-05-16 0.414 0.848883
2022-02-14 0.420 0.934579
2021-11-16 0.428 0.966576
2021-08-18 0.400 0.873935
2021-05-14 0.415 0.913694
2021-02-12 0.398 0.981504
2020-11-17 0.386 0.939630
2020-08-18 0.361 0.900699
2020-05-14 0.339 0.920695
2020-02-14 0.360 0.817624
2019-11-18 0.361 0.893122
2019-08-19 0.339 0.827031
2019-05-16 0.335 0.901265
2019-02-14 0.340 0.962355
2018-11-19 0.342 0.979662
2018-08-20 0.325 0.990552
2018-05-17 0.332 1.025641
2018-02-14 0.338 1.061891
2017-11-17 0.333 0.894921
2017-08-17 0.317 0.883008
2017-02-14 0.306 0.951788
2016-11-16 0.297 1.004396
2016-08-17 0.292 0.879783
2016-05-16 0.290 0.926518
2016-02-12 0.269 1.039011
2015-11-16 0.281 0.991531
2015-08-17 0.260 0.888585
2015-05-14 0.284 0.877085
2015-02-12 0.292 0.912215
2014-10-22 0.285 0.928339
2014-08-13 0.293 0.964133
2014-05-14 0.294 0.988568
2014-02-12 0.291 1.046010
Additional Data
dividendRate 1.85
dividendYield 3.38
exDividendDate 2026-08-19
trailingAnnualDividendRate 2.535
trailingAnnualDividendYield 0.046216957
lastDividendValue 0.461
lastDividendDate 2026-08-19
dividendDate 2026-09-01

Info Dump

Attribute Value
52 Week Change 0.10718608
Address1 Fortis Place
Address2 Suite 1100 5 Springdale Street PO Box 8837
All Time High 59.4
All Time Low 23.84
Ask 58.31
Ask Size 200
Audit Risk 1
Average Analyst Rating 2.7 - Hold
Average Daily Volume10 Day 678,160
Average Daily Volume3 Month 755,767
Average Volume 755,767
Average Volume10Days 678,160
Beta 0.427
Bid 54.2
Bid Size 800
Board Risk 1
Book Value 33.39348
City St. John's
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 54.66
Current Ratio 0.562
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 55.04
Day Low 54.35
Debt To Equity 132.271
Dividend Date 1,788,220,800
Dividend Rate 1.85
Dividend Yield 3.38
Earnings Call Timestamp End 1,785,501,000
Earnings Call Timestamp Start 1,785,501,000
Earnings Growth 0.022
Earnings Quarterly Growth 0.032
Earnings Timestamp 1,785,501,000
Earnings Timestamp End 1,793,795,400
Earnings Timestamp Start 1,793,795,400
Ebitda 5,694,000,128
Ebitda Margins 0.46102002
Enterprise To Ebitda 11.882
Enterprise To Revenue 5.478
Enterprise Value 67,658,792,960
Eps Current Year 2.579
Eps Forward 2.76786
Eps Trailing Twelve Months 2.45
Esg Populated 0
Ex Dividend Date 1,787,097,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 709 737 5307
Fifty Day Average 56.9546
Fifty Day Average Change -2.2946014
Fifty Day Average Change Percent -0.040288255
Fifty Two Week Change Percent 10.718608
Fifty Two Week High 59.4
Fifty Two Week High Change -4.7400017
Fifty Two Week High Change Percent -0.079798006
Fifty Two Week Low 48.64
Fifty Two Week Low Change 6.0200005
Fifty Two Week Low Change Percent 0.12376646
Fifty Two Week Range 48.64 - 59.4
Financial Currency CAD
First Trade Date Milliseconds 1,262,701,800,000
Five Year Avg Dividend Yield 3.81
Float Shares 509,581,878
Forward Eps 2.76786
Forward P E 19.74811
Free Cashflow -2,715,500,032
Full Exchange Name NYSE
Full Time Employees 9,900
Fullday Change -0.189999
Fullday Change Percent -0.346397
Fullday Price 54.875366
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.45356998
Gross Profits 5,601,999,872
Has Pre Post Market Data 1
Held Percent Insiders 0.0020299999
Held Percent Institutions 0.57773995
Implied Shares Outstanding 510,900,000
Industry Utilities - Regulated Electric
Industry Disp Utilities - Regulated Electric
Industry Key utilities-regulated-electric
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,787,097,600
Last Dividend Value 0.461
Last Fiscal Year End 1,767,139,200
Long Business Summary Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It 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 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 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 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. 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 St. John's, Canada.
Long Name Fortis Inc.
Market us_market
Market Cap 27,925,794,816
Market State CLOSED
Max Age 86,400
Message Board Id finmb_875612
Most Recent Quarter 1,782,777,600
Net Income To Common 1,728,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 28,003,780,530
Number Of Analyst Opinions 2
Open 54.98
Operating Cashflow 4,276,999,936
Operating Margins 0.28318
Overall Risk 1
Payout Ratio 0.7456
Peg Ratio 2.69
Phone 709 737 2800
Post Market Change 0.21536636
Post Market Change Percent 0.3940109
Post Market Price 54.875366
Post Market Time 1,787,961,318
Previous Close 54.85
Price Eps Current Year 21.194262
Price Hint 2
Price To Book 1.6368465
Price To Sales Trailing12 Months 2.261015
Profit Margins 0.14694999
Quick Ratio 0.304
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.66667
Region US
Regular Market Change -0.189999
Regular Market Change Percent -0.346397
Regular Market Day High 55.04
Regular Market Day Low 54.35
Regular Market Day Range 54.35 - 55.04
Regular Market Open 54.98
Regular Market Previous Close 54.85
Regular Market Price 54.66
Regular Market Time 1,787,947,202
Regular Market Volume 609,697
Return On Assets 0.02961
Return On Equity 0.07467
Revenue Growth 0.041
Revenue Per Share 24.347
Sand P52 Week Change 0.20504117
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 1
Shares Outstanding 510,900,000
Shares Percent Shares Out 0.0308
Shares Short 12,772,903
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 11,072,538
Short Name Fortis Inc.
Short Ratio 19.51
Source Interval 15
State NF
Symbol FTS
Target High Price 60.0
Target Low Price 50.0
Target Mean Price 55.0
Target Median Price 55.0
Total Cash 384,000,000
Total Cash Per Share 0.752
Total Debt 36,326,998,016
Total Revenue 12,350,999,552
Tradeable 0
Trailing Annual Dividend Rate 2.535
Trailing Annual Dividend Yield 0.046216957
Trailing Eps 2.45
Trailing P E 22.310204
Trailing Peg Ratio 2.6909
Triggerable 1
Two Hundred Day Average 55.1994
Two Hundred Day Average Change -0.539402
Two Hundred Day Average Change Percent -0.009771882
Type Disp Equity
Volume 609,697
Website https://www.fortisinc.com
Zip A1B 3T2