How to buy Fortis (FTS) stocks

Fortis is an utilities - regulated electric business based in Canada. Fortis shares (FTS) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$60.01 – a decrease of 0.41% over the previous week. Fortis employs 9,600 staff and has a trailing 12-month revenue of around C$11.4 billion.

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Fortis stock price (Toronto Stock Exchange (TSX): FTS)

Use our graph to track the performance of FTS stocks over time.

Fortis stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$60.01
52-week range	C$49.49 - C$63.75
50-day moving average more info button	C$61.46
200-day moving average more info button	C$57.33
Wall St. target price	C$60.75
PE ratio more info button	18.3622
Dividend yield more info button	C$2.36 (4.15%)
Earnings per share (TTM) more info button	C$3.23

Is it a good time to buy Fortis stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Fortis price performance over time

Historical closes compared with the close of C$60.01 from 2024-12-20

1 week (2024-12-13)	-0.41%
1 month (2024-11-22)	-4.94%
3 months (2024-09-20)	-0.97%
6 months (2024-06-21)	13.87%

1 year (2023-12-21)	11.88%
2 years (2022-12-21)	18.58%
3 years (2021-12-21)	11.08%
5 years (2019-12-20)	33.95%

Is Fortis stock undervalued or overvalued?

Valuing Fortis stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortis's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Fortis's P/E ratio

Fortis's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Fortis shares trade at around 18x recent earnings.

Fortis's PEG ratio

Fortis's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.0086. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fortis's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Fortis's EBITDA

Fortis's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$5.2 billion.

The EBITDA is a measure of a Fortis's overall financial performance and is widely used to measure a its profitability.

Fortis financials

Revenue TTM	C$11.4 billion
Operating margin TTM	30.06%
Gross profit TTM	C$4.4 billion
Return on assets TTM	3.01%
Return on equity TTM	7.54%
Profit margin	14.49%
Book value	C$41.98
Market Capitalization more info button	C$29.6 billion
EBITDA more info button	C$5.2 billion

TTM: trailing 12 months

Fortis's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Fortis.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Fortis's total ESG risk score

Total ESG risk: 30.93

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Fortis's overall score of 30.93 (as at 12/31/2018) is nothing to write home about – landing it in it in the 56th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Fortis is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Fortis's environmental score

Environmental score: 13.88/100

Fortis's environmental score of 13.88 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Fortis is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Fortis's social score

Social score: 9.05/100

Fortis's social score of 9.05 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Fortis is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Fortis's governance score

Governance score: 6/100

Fortis's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Fortis is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Fortis's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Fortis scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Fortis has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Fortis Inc was last rated for ESG on: 2019-01-01.

Total ESG score	30.93
Total ESG percentile	56
Environmental score	13.88
Environmental score percentile	3
Social score	9.05
Social score percentile	3
Governance score	6
Governance score percentile	3
Level of controversy	2

Fortis stock dividends

Dividend payout ratio: 75.39% of net profits

Recently Fortis has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Fortis shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Fortis's case, that would currently equate to about C$2.36 per share.

Fortis's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Fortis's most recent dividend payout was on 28 February 2025. The latest dividend was paid out to all shareholders who bought their stocks by 17 February 2025 (the "ex-dividend date").

Have Fortis's stocks ever split?

Fortis's stocks were split on a 4:1 basis on 11 October 2005 . So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Fortis stocks – just the quantity. However, indirectly, the new 75% lower stock price could have impacted the market appetite for Fortis stocks, which in turn could have impacted Fortis's stock price.

Fortis stock price volatility

Over the last 12 months, Fortis's stocks have ranged in value from as little as C$49.4878 up to C$63.75. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Fortis's is 0.226. This would suggest that Fortis's stocks are less volatile than average (for this exchange).

Fortis overview

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 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 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 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 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 five 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 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos.

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Frequently asked questions

What percentage of Fortis is owned by insiders or institutions?
Currently 0.039% of Fortis stocks are held by insiders and 57.722% by institutions. How many people work for Fortis?
Latest data suggests 9,600 work at Fortis. When does the fiscal year end for Fortis?
Fortis's fiscal year ends in December. Where is Fortis based?
Fortis's address is: Fortis Place, Saint John's, NF, Canada, A1E 0E4 What is Fortis's ISIN number?
Fortis's international securities identification number is: CA3495531079

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