Fortis is an utilities - regulated electric business based in the US. Fortis shares (FTS) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $48.73 – an increase of 0.21% over the previous week. Fortis employs 9,848 staff and has a trailing 12-month revenue of around $11.5 billion.
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| Latest market close | $48.73 |
|---|---|
| 52-week range | $37.04 - $49.65 |
| 50-day moving average | $45.85 |
| 200-day moving average | $44.00 |
| Wall St. target price | $43.60 |
| PE ratio | 20.6638 |
| Dividend yield | $2.385 (3.54%) |
| Earnings per share (TTM) | $2.35 |
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.
Historical closes compared with the close of $48.56 from 2025-05-02
| 1 week (2025-04-28) | -0.14% |
|---|---|
| 1 month (2025-04-04) | 5.20% |
| 3 months (2025-02-06) | 11.45% |
| 6 months (2024-11-06) | 11.43% |
| 1 year (2024-05-06) | 21.13% |
|---|---|
| 2 years (2023-05-05) | 15.94% |
| 3 years (2022-05-05) | 13.92% |
| 5 years (2020-05-06) | 53.81% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Fortis shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Fortis's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.2067. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares 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 share prices of multiple high-growth companies.
Fortis's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.3 billion.
The EBITDA is a measure of a Fortis's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $11.5 billion |
|---|---|
| Operating margin TTM | 29.91% |
| Gross profit TTM | $5.2 billion |
| Return on assets TTM | 3.02% |
| Return on equity TTM | 7.43% |
| Profit margin | 14.6% |
| Book value | $44.43 |
| Market Capitalization | $24.4 billion |
TTM: trailing 12 months
Dividend payout ratio: 93.13% 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 $2.385 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 31 May 2025. The latest dividend was paid out to all shareholders who bought their shares by 15 May 2025 (the "ex-dividend date").
Fortis's shares were split on a 4:1 basis on 12 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 shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Fortis shares which in turn could have impacted Fortis's share price.
Over the last 12 months, Fortis's shares have ranged in value from as little as $37.0395 up to $49.65. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Fortis's is 0.31. This would suggest that Fortis's shares are less volatile than average (for this exchange).
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 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company 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 1,0,000 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 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 277,000 customers in Newfoundland and Labrador; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 18,000 customers on certain islands in Turks and Caicos.
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