What’s the current market cap for Fortis stock?

Fortis (FTS) has a market cap of $29B as of May 26, 2026.

What is the P/E ratio for Fortis stock?

The price to earnings (P/E) ratio for Fortis (FTS) stock is 23 as of May 26, 2026.

Does Fortis stock pay dividends?

Yes, the Fortis (FTS) stock pays dividends to shareholders. As of May 26, 2026, the dividend rate is $1.81013 and the yield is 3.33%. Fortis has a payout ratio of 49.39% on a trailing twelve-month basis.

When is the next Fortis dividend payment date?

The next Fortis (FTS) dividend payment is scheduled for June 01, 2026.

What is the beta indicator for Fortis?

Fortis (FTS) has a beta rating of 0.43. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

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About Fortis

Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.

Ticker

$FTS

Sector

Utilities

Primary listing

NYSE

Employees

9,900

Headquarters

St. John's, Canada

Website

www.fortisinc.com

Fortis Metrics

BasicAdvanced

$29bn

23.00

$2.46

0.43

$1.81

3.33%

What the Analysts think about Fortis

Analyst ratings (Buy, Hold, Sell) for Fortis stock.

Bulls say / Bears say

ITC, Fortis’s U.S. transmission segment, benefits from favorable formula rates set by FERC, resulting in allowed returns that exceed state averages and support stable, regulated earnings growth. (Investing.com via Reuters)

Fortis’s five-year capital plan of C$28.8 billion is progressing as planned and aims to grow the rate base from C$42.4 billion in 2025 to C$57.9 billion by 2030—a 7% CAGR—supporting its annual dividend growth guidance of 4–6%. (Reuters)

In March 2026, ITC completed a substation supporting 300 MW of data center demand at Big Cedar Industrial Center and is upgrading infrastructure to accommodate another 1,600 MW by 2028, capturing increased demand from data centers. (Reuters)

Fortis posted essentially flat earnings for Q1 2026, with net income of C$501 million and EPS of C$0.99, nearly unchanged from C$499 million and C$1.00 in Q1 2025, indicating little momentum in near-term earnings. (Reuters)

The stronger USD versus the CAD led to about a C$0.03 reduction in Q1 2026 EPS due to foreign exchange headwinds, offsetting gains from the higher rate base. (Investing.com via Reuters)

As of March 31, 2026, Fortis reported a consolidated debt-to-capital ratio of 57%, which could limit its financial flexibility amid elevated funding costs. (Reuters)

Data summarised monthly by Lightyear AI. Last updated on 12 May 2026.

Fortis Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

107.52%

Profit margin

37.65%

6.78%

Fortis Earnings Performance

Company profitability

QuarterlyAnnual

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Actual

$3.69

$2.85

$2.45

$2.42

Expected

$3.55

$2.61

$2.05

$2.31

$3.94

Surprise

3.94%

9.20%

19.51%

4.63%

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.

Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Bulls say / Bears say

The stronger USD versus the CAD led to about a C$0.03 reduction in Q1 2026 EPS due to foreign exchange headwinds, offsetting gains from the higher rate base. (Investing.com via Reuters)

As of March 31, 2026, Fortis reported a consolidated debt-to-capital ratio of 57%, which could limit its financial flexibility amid elevated funding costs. (Reuters)

Data summarised monthly by Lightyear AI. Last updated on 12 May 2026.