Fortis (DE:12F)
NYSE:12F
12F Stock Chart & Stats
€48.05
€0.11(0.27%)
At close: 4:00 PM EST
€48.05
€0.11(0.27%)
Day’s Range― - ―
52-Week Range€39.70 - €51.22
Previous CloseN/A
Volume300.00
Average Volume (3M)189.00
Market Cap
€26.00B
Enterprise Value€75.40B
Total Cash (Recent Filing)€359.00M
Total Debt (Recent Filing)€35.41B
Price to Earnings (P/E)24.4
Beta0.04
Next Earnings
Jul 31, 2026EPS Estimate
0.48Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.16
Shares Outstanding509,100,000
10 Day Avg. Volume251
30 Day Avg. Volume189
Financial Highlights & Ratios
PEG Ratio4.25
Price to Book (P/B)1.51
Price to Sales (P/S)2.95
P/FCF Ratio-16.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€49.86Price Target Upside3.76% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)2.24
Revenue Forecast (FY)€8.17B
Bulls Say, Bears Say
Bulls Say
Regulated, Diversified Utility FootprintOperating as a regulated utility across Canada, the U.S. and the Caribbean provides durable, tariff-based revenue under cost-of-service frameworks. Geographic and regulatory diversification reduces single-jurisdiction risk and supports steady demand for essential electricity and gas delivery over the medium term.
Steady, Utility-like ProfitabilityConsistently strong operating margins and improving scale underpin predictable earnings. For regulated utilities, steady profitability reflects allowed returns on rate base and supports long-term cash generation potential, aiding planning for capex and dividend commitments.
Rate-base Growth Driven By Transmission And CapexSustained transmission and distribution capex expands the regulated asset base that regulators can recognize in rates. This structural investment pathway supports multi-year earnings growth when approved, aligning long-term cash flows with capital deployment and reliability upgrades.
Bears Say
Structurally Negative Free Cash FlowPersistent negative free cash flow and weak earnings-to-cash conversion mean the company relies on external funding for capex and distributions. Over months, this constrains flexibility, raises financing needs, and magnifies exposure to interest-rate and capital-market conditions.
Elevated Leverage Relative To EquityHigh debt relative to equity limits financial flexibility and increases refinancing and interest-rate sensitivity. For a capital-intensive regulated utility, elevated leverage narrows the cushion for shocks and can raise the cost or complexity of funding future rate-funded investments.
Revenue Growth Uneven And Timing-sensitiveLarge, irregular revenue swings tied to timing, one-offs or regulatory recognition create uncertainty in sustainable organic growth. This makes forecasting rate-case outcomes and investment returns harder, increasing execution and regulatory-timing risks over the medium term.
Fortis News
12F FAQ
What was Fortis’s price range in the past 12 months?
Fortis lowest stock price was €39.70 and its highest was €51.22 in the past 12 months.
What is Fortis’s market cap?
Fortis’s market cap is €26.00B.
When is Fortis’s upcoming earnings report date?
Fortis’s upcoming earnings report date is Jul 31, 2026 which is in 33 days.
How were Fortis’s earnings last quarter?
Fortis released its earnings results on May 06, 2026. The company reported €0.611 earnings per share for the quarter, missing the consensus estimate of €0.615 by -€0.004.
Is Fortis overvalued?
According to Wall Street analysts Fortis’s price is currently Undervalued.
Does Fortis pay dividends?
Fortis does not currently pay dividends.
What is Fortis’s EPS estimate?
Fortis’s EPS estimate is 0.48.
How many shares outstanding does Fortis have?
Fortis has 509,100,000 shares outstanding.
What happened to Fortis’s price movement after its last earnings report?
Fortis reported an EPS of €0.611 in its last earnings report, missing expectations of €0.615. Following the earnings report the stock price went down -1.798%.
Which hedge fund is a major shareholder of Fortis?
Currently, no hedge funds are holding shares in DE:12F
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Fortis Stock Smart Score
Outperform
1
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10
Analyst Consensus
Hold
Average Price Target:
€49.86 (3.76% Upside)
€49.86 (3.76% Upside)
Blogger Sentiment
Bullish
DE:12F Sentiment 70%
Sector Average 74%
Sector Average 74%
Insider Transactions
Sold Shares
Worth €1.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.79%
12-Months-Change
Fundamentals
Return on Equity
7.51%
Trailing 12-Months
Asset Growth
5.89%
Trailing 12-Months
Company Description
Fortis
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.
12F Company Deck
12F Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple strong positives: substantial capital investment ($5.6B in 2025), a $28.8B five-year capital plan with expected 7% average annual rate base growth, EPS and TSR improvement (adjusted EPS +$0.25; 1-year TSR ~24%), continued dividend growth (4% increase; 52-year streak), solid liquidity and stable S&P ratings. Challenges highlighted include disposition-related EPS losses ($0.13/share), regulatory lag (notably ~USD 700M of UNS rate base), higher finance and compensation costs, and ongoing regulatory uncertainties in Arizona and project timing/approvals (e.g., Tilbury environmental reviews). Overall, the positives — clear growth plan, strong capital deployment, improving credit outlook and shareholder returns — outweigh the moderating headwinds and uncertainties.View all DE:12F earnings summaries12F Stock 12 Month Forecast
Average Price Target
€49.86
▲(3.76% Upside)
Technical Analysis
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Options Prices
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