Market research
FTS.TO Fortis Inc
TO CAD Utilities
Latest close
As of 30 Oct 2026
Test a moving-average rule with historical data.
Market facts
- Market cap
- 42B
- P/E ratio
- 23.91
- Analyst target
- 81.1786
- Dividend yield
- 3.2%
- Beta
- 0.41
Profile
Instrument facts
- Exchange
- TO
- Currency
- CAD
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- ISIN
- CA3495531079
- Market cap
- 42B
- P/E ratio
- 23.91
- Analyst target
- 81.1786
- Dividend yield
- 3.2%
- Beta
- 0.41
About
About Fortis Inc
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.
Research context
Fortis Inc appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Community
Investor discussion
1 comment
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5 years, 6 months ago
Fortis Inc is currently in a long term uptrend where the price is trading 3.7% above its 200 day moving average.
From a valuation standpoint, the stock is 1.9% cheaper than other stocks from the Utilities sector with a price to sales ratio of 2.8.
Fortis Inc's total revenue rose by 0.9% to $2B since the same quarter in the previous year.
Its net income has dropped by 4.1% to $348M since the same quarter in the previous year.
Finally, its free cash flow grew by 82.5% to $-541M since the same quarter in the previous year.
Based on the above factors, Fortis Inc gets an overall score of 4/5.