Fortis (FTSN) Stock Price & Analysis
FTSN Stock Chart & Stats
- Day’s Range
- MXN 896.40 - MXN 896.40
- 52-Week Range
- MXN 896.00 - MXN 896.40
- Previous Close
- MXN 896.40
- Volume
- 0
- Average Volume (3M)
- 0
- Market Cap
- MXN 562.89B
- Enterprise Value
- MXN 81.19B
- Total Cash (Recent Filing)
- MXN 384.00M
- Total Debt (Recent Filing)
- MXN 36.33B
- Price to Earnings (P/E)
- 24.0
- Beta
- 0.46
- Next Earnings
- Nov 03, 2026 (Est.)
- EPS Estimate
- 11.76
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 3.29%
Bulls Say, Bears Say
Bulls Say
Regulated Utility Business Model
Fortis’s regulated transmission and distribution footprint produces predictable, cost‑of‑service revenue streams and authorized returns. That structural model supports durable cash flow generation and rate‑base recoveries, insulating core earnings from competitive commodity swings and supporting long‑term planning.
Visible Rate‑base And Capital Growth Plan
A multi‑year, visible capital program expanding regulated rate base directly underpins future allowed earnings growth when regulators recognize investments in rates. Consistent 7% rate‑base growth through 2030 provides structural earnings and cash‑flow runway beyond near‑term cycles.
Investment‑grade Ratings And Funding Execution
Maintained investment‑grade credit and demonstrated market access reduce refinancing risk and lower marginal funding costs for sustained capital programs. Reliable debt markets and planned funding mix (Opex, utility debt, DRIP) increase likelihood of executing the five‑year plan without derailing operations.
Bears Say
Persistently Negative Free Cash Flow
Consistent negative FCF means capital spending outpaces internally generated cash, increasing reliance on external financing to fund growth and dividends. Over time this dependence heightens exposure to credit markets and can strain liquidity if funding conditions tighten or capex overruns occur.
Elevated Leverage And Funding Dependence
A sustained high debt load limits financial flexibility and raises sensitivity to rising rates or credit pressure. If project scope or timing shifts, maintaining investment‑grade metrics while funding large projects may force higher issuance, asset sales, or curtailed returns, constraining strategic optionality.
Regulatory And Permitting Uncertainty On Large Projects
Large, multi‑year projects require regulatory approvals and permitting; delays or adverse conditions create regulatory lag between investment and allowed returns. That timing risk can defer rate recovery, magnify funding needs, and compress near‑term cash flow despite long‑term upside if approvals are ultimately granted.
Fortis News
FTSN FAQ
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When is Fortis’s upcoming earnings report date?
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What is the TipRanks Smart Score and how is it calculated?
Fortis Stock Smart Score
Company Description
Fortis
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. 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.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- David Gerard Hutchens
- Employees
- 9,900
- Website
- www.fortisinc.com
- Address
- Fortis Place, Saint John's, NF, A1B 3T2, CA
Fortis (FTSN) Earnings & Revenues
FTSN Company Deck
FTSN Earnings Call
Earnings Call SentimentPositive
Overall the call conveyed a constructive growth story: core regulated utilities are executing a large capital plan, management secured a key approval for Tilbury 1B, meaningful sustainability progress was reported, credit ratings and funding execution remain solid, and multiple large growth opportunities (transmission and data center-related generation) are in the pipeline. Offsetting items include modest near-term EPS growth, regulatory timing/lag issues, FX and disposition-related impacts, and uncertainty around the timing, approvals and funding of large above-plan projects. On balance, the positive execution, approvals and growth visibility outweigh the challenges, but investors should monitor regulatory outcomes and funding assumptions as the 5-year plan is refreshed in the fall.
View all MX:FTSN earnings summariesFTSN Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 0 | 5 |
| Technical Analysis | 3 | 0 | 5 |
| Moving Averages | 12 | 0 | 0 |
