Fortis is a leading utility company engaging in regulated power generation, electric transmission, and energy distribution across North America.

The US accounts for about 60% of Fortis’ business while Canada constitutes the remaining 40%. About 99% of the company’s utility assets are regulated and it operates through regulated independent electric transmission (32% of 2018 earnings), regulated US electric & gas (33%), regulated Canadian & Caribbean electric & gas (40%), and non-regulated energy infrastructure (-5%) business segments.

Fortis’ assets can be divided into electric (~80% of asset mix), gas, and non-regulated energy infrastructure. It operates through 10 utility companies such as ITC, UNS Energy, Fortis Alberta, Fortis BC, etc. and serves utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

Stock Chart & Metrics

  • Ticker: tse:fts
  • Sector: Utilities
  • Industry: Utilities - Regulated Electric
  • Market Cap: 25.96B
  • Market Cap Group: Large Cap
  • P/E: 18.05
  • Dividend Yield: 4.23%


The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
NEE NYSE:NEE NextEra Energy, Inc. 135.24 16.54 2.80 NO 1 12 106
SO NYSE:SO Southern Company 74.08 24.04 4.12 NO 1 12 106
DUK NYSE:DUK Duke Energy Corporation 70.15 18.69 4.50 NO 1 12 106
AEP NYSE:AEP American Electric Power Co. 40.05 20.18 4.27 NO 1 12 106
XEL NASDAQ:XEL Xcel Energy Inc. 31.48 18.10 3.64 NO 1 12 106
ED NYSE:ED Consolidated Edison Inc 30.78 12.84 3.63 YES 1 12 106
EIX NYSE:EIX Edison International 26.75 28.30 4.23 NO 1 12 106
WEC NYSE:WEC WEC Energy Group, Inc. 26.71 19.79 3.68 NO 1 12 106
FTS TSE:FTS Fortis 25.96 18.05 4.23 YES 1 12 106
ES NYSE:ES Eversource Energy 21.67 18.42 4.35 NO 1 12 106
H TSE:H Hydro One 21.31 20.70 3.33 YES 1 12 106
PPL NYSE:PPL PPL Corporation 18.24 25.39 3.88 NO 1 12 106
EMA TSE:EMA Emera 13.67 10.94 5.51 YES 1 12 106
LNT NASDAQ:LNT Alliant Energy Corporation 12.82 19.42 3.57 NO 1 12 106

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

Fortis - FAQ

What is the stock ticker for Fortis?

The stock ticker for Fortis is TSE:fts.

Is Fortis a good stock to buy?

You need to consider your investment strategy and how TSE:fts can fit in your portfolio.

The current dividend income score of 6/10 and dividend growth score of 6/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Fortis a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 62 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.

How can I buy stocks for Fortis?

You can easily buy the FTS stock with an online trading platform.

Just make sure the stock fits your risk profile and investment goals.

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