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Fortis Inc. Releases Second Quarter 2026 Results
Globe Newswire (Fri, 31-Jul 6:00 AM ET)
Fortis Inc. Announces Third Quarter Dividends - 2026
Globe Newswire (Wed, 29-Jul 6:47 PM ET)
Globe Newswire (Thu, 23-Jul 4:35 PM ET)
Fortis Inc. to Hold Teleconference and Webcast on July 31 to Discuss Second Quarter 2026 Results
Globe Newswire (Thu, 2-Jul 4:35 PM ET)
Fortis owns and operates eight transmission and distribution utility subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Fortis Common Shares trades on the NYSE stock market under the symbol FTS.
As of September 8, 2026, FTS stock price climbed to $55.71 with 333,397 million shares trading.
FTS has a beta of -0.18, meaning it tends to be less sensitive to market movements. FTS has a correlation of 0.03 to the broad based SPY ETF.
FTS has a market cap of $28.36 billion. This is considered a Large Cap stock.
Last quarter Fortis Common Shares reported $2 billion in Revenue and $.56 earnings per share. This beat revenue expectation by $7 million and met earnings estimates .
In the last 3 years, FTS traded as high as $59.40 and as low as $36.30.
The top ETF exchange traded funds that FTS belongs to (by Net Assets): FVD, IFRA, PID, DFAI, DFIC.
FTS has underperformed the market in the last year with a return of +15.9%, while SPY returned +19.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FTS shares. However, FTS has outperformed the market in the last 3 month and 2 week periods, returning +1.7% and +1.5%, while SPY returned +1.5% and +0.1%, respectively. This indicates FTS has been having a stronger performance recently.
FTS support price is $54.74 and resistance is $55.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTS shares will trade within this expected range on the day.