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Forecast

The analysts' average price target is €47.35 (-12.20%). The median is €47.35 (-12.20%).

Buy
  3
Hold
  9
Sell
  1

  • CIBC raises Fortis price target to C$81 and reiterates outperformer

    CIBC increased its price target on Fortis to C$81 from C$80 and reaffirmed an Outperformer rating. Separately, BofA nudged its target to $53 but maintained an Underperform rating. Fortis outlined a $28.8 billion five-year capital plan intended to support about 7% long-term rate base growth and 4–6% annual dividend growth through 2030 while focusing on safe, reliable and affordable energy. » More on finance.yahoo.com


  • Fortis impresses with 24% shareholder return and CAD 28.8 billion capital plan

    Fortis reported adjusted EPS of CAD 3.53 for Q4 2025 (+CAD 0.25) and a one‑year total shareholder return of 24%. The company announced a new five‑year capital plan of CAD 28.8 billion, invested CAD 5.6 billion in capital projects and continued dividend increases for the 52nd year. Fortis expects annual rate‑base growth of 7% and targets dividend growth of 4–6% through 2030; the share price reacted only marginally. » More on de.investing.com


  • Fortis exceeds profit expectations in the second quarter of 2025 and remains on growth path

    Fortis Inc. significantly surpassed profit expectations in the second quarter of 2025, reporting earnings per share of $0.76 and also beating revenue forecasts. The company continues to focus on strategic investments in renewable energy and expanding its rate base, while the stock remained stable following the results. CEO David Hutchins emphasized Fortis's strong position for further growth and its commitment to clean energy, despite regulatory and macroeconomic challenges. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics
In 2026, Fortis has already paid €1.20 in dividends. The last payout was in September.

Financials

In the last quarter, Fortis had revenue of €1.93B and net profit of €299.55M
(EUR) September 2026
YoY
Revenue 1.93B 7.44%
Gross profit 1.42B 6.68%
Net profit 299.55M 13.57%
EBITDA 893.83M 0.44%

Fundamentals

Metric Value
Market capitalization
€27.43B
Number of shares
510.9M
52-week high/low
€55.13 - €44.66
Dividend yield
2.94%
Dividends TTM
€1.59
Next dividend
€0.42
Beta
0.41
P/E ratio
24.12
PEG ratio
5.07
P/B ratio
1.68
P/S ratio
3.47

Company profile

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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 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 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 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 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company 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 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Name
Fortis
CEO
David Gerard Hutchens
Headquarters Saint John's, nf
Canada
Website
Sector
Utilities
Industry
Multi-Utilities
IPO
01/05/2010
Employees 9,900

Ticker symbols

Exchange Symbol
NYSE
FTS
Toronto Stock Exchange
FTS.TO
Frankfurt
12F.F
Düsseldorf
12F.DU
München
12F.MU
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