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Home โบ Stocks โบ Fortis Inc. (FTS) Stock Forecast & Price Prediction Canada | NYSE | Utilities | Utilities - Regulated Electric
$47.33
-0.05 (-0.11%)Did FTS Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Fortis is one of their latest high-conviction picks.
Based on our analysis of 5 Wall Street analysts, FTS has a neutral consensus with a median price target of $45.60 (ranging from $43.19 to $48.00). Currently trading at $47.33, the median forecast implies a -3.7% downside. This outlook is supported by 1 Buy, 11 Hold, and 5 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for FTS.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 8, 2025 | RBC Capital | Maurice Choy | Sector Perform | Maintains | $72.00 |
Aug 24, 2023 | Credit Suisse | Andrew Kuske | Neutral | Maintains | $60.50 |
Aug 3, 2023 | Raymond James | Outperform | Maintains | $0.00 | |
Mar 24, 2023 | RBC Capital | Maurice Choy | Sector Perform | Reiterates | $65.00 |
Oct 19, 2022 | Raymond James | David Quezada | Outperform | Upgrade | $58.00 |
Jul 27, 2022 | Edward Jones | Mike Doyle | Hold | Downgrade | $0.00 |
Jan 7, 2022 | Scotiabank | Sector Perform | Downgrade | $0.00 | |
Oct 19, 2021 | Wolfe Research | Underperform | Downgrade | $0.00 | |
Jun 1, 2021 | BMO Capital | Market Perform | Downgrade | $0.00 | |
Jun 5, 2020 | UBS | Buy | Maintains | $62.00 | |
Feb 14, 2020 | Wells Fargo | Overweight | Maintains | $64.00 | |
Jan 30, 2020 | CIBC | Neutral | Downgrade | $0.00 | |
Jan 30, 2020 | CiBC | Neutral | Downgrade | $0.00 | |
Nov 22, 2019 | Wells Fargo | Outperform | Reiterates | $59.00 | |
Aug 22, 2019 | CIBC | Neutral | Downgrade | $0.00 | |
Jan 29, 2019 | TD Securities | Hold | Downgrade | $0.00 | |
May 2, 2018 | UBS | Buy | Initiates | $0.00 | |
Feb 27, 2017 | JP Morgan | Neutral | Initiates | $0.00 |
The following stocks are similar to Fortis based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Fortis Inc. has a market capitalization of $23.90B with a P/E ratio of 19.4x. The company generates $8.64B in trailing twelve-month revenue with a 14.7% profit margin.
Revenue growth is +7.1% quarter-over-quarter, while maintaining an operating margin of +29.1% and return on equity of +7.5%.
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Operates in energy management and infrastructure.
The company generates revenue through regulated electric and gas utility operations, providing essential energy services to residential, commercial, and industrial customers. Fortis Inc. has a diverse portfolio that allows it to capitalize on various energy markets across North America and the Caribbean.
Fortis Inc. is focused on sustainability, aiming to incorporate renewable energy sources into its operations. Its extensive network of power lines and gas distribution systems highlights its critical role in energy consumption and infrastructure development, ensuring growth and efficiency in the energy sector.
Utilities
Utilities - Regulated Electric
9,848
Mr. David Gerard Hutchens
Canada
2010
EXC boosts its capital plan by 10%, targeting stronger utility operations and 7.4% rate-based growth by 2028.
SO's unit, Georgia Power, in partnership with Mitsubishi Power, hits a milestone with the world's largest 50% hydrogen blend test on a gas turbine.
Here is how Fortis (FTS) and Tele2 (TLTZY) have performed compared to their sector so far this year.
Geopolitical unrest is increasing demand for low-beta utility stocks such as ATO, FTS, MDU, and NI, which have strong earnings outlooks.
Geopolitical unrest drives investors toward stable utility stocks with strong earnings, indicating a shift to safer assets amid uncertainty, which may enhance these companies' valuations.
Investors favor dividend stocks for reliable passive income and potential for strong total returns.
Dividend stocks offer reliable income and potential for capital appreciation, making them attractive for risk-averse investors seeking stability and growth in their portfolios.
Fortis manages $75B in regulated assets and plans a $26B capital investment by 2029. Q1 2025 shows strong cash flow and dividend increases, appealing to long-term investors.
Fortis' $26 billion investment plan and strong Q1 2025 results suggest solid growth and reliable cash flow, enhancing its appeal as a stable, low-risk investment with dividend increases.
Fortis (FTS) and Tele2 (TLTZY) have been compared to their sector's performance in the current year. Specific performance metrics were not provided in the excerpt.
Performance comparisons indicate relative strength or weakness of Fortis and Tele2 against their sectors, guiding investment decisions based on growth potential and market trends.
Fortis Healthcare was recognized for its global contribution to Medical Value Travel at the Advantage Healthcare India 2025 event.
Fortis Healthcare's recognition enhances its reputation in medical tourism, potentially increasing patient inflow and revenues, positively impacting stock performance.
Fortis boasts 51 years of dividend increases and nearly 100% regulated operations. Q1 2025 net earnings rose 8-9%, with major investments in grid modernization and renewables for future growth.
Fortis's stable dividends and strong Q1 growth, along with strategic investments in infrastructure and renewables, signal reliable income and potential for long-term capital appreciation.
Based on our analysis of 5 Wall Street analysts, Fortis Inc. (FTS) has a median price target of $45.60. The highest price target is $48.00 and the lowest is $43.19.
According to current analyst ratings, FTS has 1 Buy ratings, 11 Hold ratings, and 5 Sell ratings. The stock is currently trading at $47.33. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict FTS stock could reach $45.60 in the next 12 months. This represents a -3.7% decrease from the current price of $47.33. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through regulated electric and gas utility operations, providing essential energy services to residential, commercial, and industrial customers. Fortis Inc. has a diverse portfolio that allows it to capitalize on various energy markets across North America and the Caribbean.
The highest price target for FTS is $48.00 from at , which represents a 1.4% increase from the current price of $47.33.
The lowest price target for FTS is $43.19 from at , which represents a -8.7% decrease from the current price of $47.33.
The overall analyst consensus for FTS is neutral. Out of 5 Wall Street analysts, 1 rate it as Buy, 11 as Hold, and 5 as Sell, with a median price target of $45.60.
Stock price projections, including those for Fortis Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.