The business model of Fortis Inc is focused on the generation, transmission, and distribution of electric power. As a leading North American utility company, Fortis operates through various subsidiaries and serves millions of customers. With a diversified portfolio of energy infrastructure assets, Fortis primarily provides electricity and natural gas to residential, commercial, and industrial customers across Canada, the United States, and the Caribbean. Its business strategy involves investing in regulated utilities and long-term contracted energy infrastructure projects to deliver dependable and sustainable energy solutions. Fortis aims to ensure reliable energy delivery, drive operational excellence, and create long-term value for its shareholders through its robust business model.

Fortis Inc is primarily active in the utility and energy industry.

The main competitors of Fortis Inc in the market include utility companies such as NextEra Energy, Duke Energy, and Dominion Energy. These companies also operate in the energy sector, providing electricity and natural gas services to residential, commercial, and industrial customers. However, Fortis Inc distinguishes itself through its impressive global presence, with operations in Canada, the United States, and the Caribbean. The company's strong financial position, commitment to sustainability, and strategic acquisitions have solidified its position as a leading utility provider. With a focus on delivering reliable energy and customer satisfaction, Fortis Inc remains a formidable player in the market.

Fortis Inc is a renowned Canadian electric utility company. Its history dates back to 1885, when it was established as the St. John's Electric Light Company in Newfoundland and Labrador. Over the years, Fortis Inc expanded its operations through acquisitions and mergers, becoming one of North America's leading utility providers. The company currently supplies electricity and natural gas to over 3 million customers across Canada, the United States, and the Caribbean. With a strong emphasis on sustainability and reliable energy delivery, Fortis Inc has evolved into a trusted name in the utility sector, consistently contributing to the economic growth and well-being of the communities it serves.

Fortis Inc has achieved several significant milestones throughout its history. Some notable accomplishments include the company's expansion into the United States through the acquisition of Central Hudson Gas & Electric Corporation in 2013. Fortis Inc also completed the largest acquisition in its history in 2016, when it acquired ITC Holdings Corp, one of the largest independent transmission companies in the United States. The company has continued to grow and diversify its operations, demonstrating strong financial performance and operational excellence. Fortis Inc has established itself as a leading utility company in North America, providing reliable energy services to millions of customers.

Fortis Inc is primarily present in Canada and the United States.

Fortis Inc represents a commitment to delivering safe, reliable, and sustainable energy. The company's core values include integrity, accountability, and collaboration. Fortis focuses on customer satisfaction, environmental stewardship, and fostering a positive impact on the communities it serves. By investing in innovative technologies and infrastructure, Fortis aims to meet the energy needs of its customers while minimizing its carbon footprint. With a strong focus on corporate social responsibility, Fortis emphasizes transparency, ethical business practices, and creating long-term value for its shareholders. Overall, Fortis Inc strives to be a responsible energy provider that contributes to the well-being of its stakeholders and the planet.

Analysts currently set an average price target of 77.95 CAD for the Fortis stock (median: 79.56 CAD), implying -4.1 % versus the latest price. The consensus is based on 21 analyst ratings.

Fortis Analyst Price Targets 2026

21 analysts currently rate the Fortis stock: 8 recommend buying, 9 holding and 4 selling. For 2026, analysts expect Fortis to generate revenue of 13.81 B CAD and earnings per share of 3.67 CAD.

Fortis Analyst Price Targets 2026

Converted at the current exchange rate, the Fortis share trades at 50.55 EUR (81.26 CAD).

The Fortis share (FTS.TO) is listed on 5 stock exchanges, including: NYSE (FTS), Frankfurt (12F.F), München (12F.MU), Düsseldorf (12F.DU), Toronto (FTS.TO).

Fortis Inc is a Canadian company that operates in the energy sector. The company is a leading provider of electricity and gas services in Canada, the United States, and the Caribbean.

The expected revenue of Fortis is 13.81 B CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Fortis is 1.85 B CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Fortis is currently 22.12. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Fortis stock.

The price-to-sales ratio (P/S) of Fortis is currently 2.96. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Fortis stock.

The Eulerpool Quality Score for Fortis is 5/10.

The ISIN of Fortis is CA3495531079. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Fortis is 881347. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Fortis is FTS.TO. The ticker symbol is used to trade Fortis shares on the stock exchange.

Over the past 12 months, Fortis paid a dividend of 2.49 CAD . This corresponds to a dividend yield of about 3.06 %. For the coming 12 months, Fortis is expected to pay a dividend of 2.69 CAD.

The current dividend yield of Fortis is 3.06 %.

Fortis pays a dividend, distributed in the months of , , , .

Fortis paid dividends every year for the past 35 years.

For the upcoming 12 months, dividends amounting to 2.69 CAD are expected. This corresponds to a dividend yield of 3.31 %.

Fortis is assigned to the 'Utilities' sector.

To receive the latest dividend of Fortis from amounting to 0.64 CAD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Fortis distributed 2.41 CAD as dividends.

The dividends of Fortis are distributed in CAD.