Added to YB: 2025-11-11
Pitch date: 2025-11-08
FTS [neutral]
Fortis Inc.
-1.71%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
Market Cap
CAD 36.8B
Pitch Price
CAD 71.38
Price Target
N/A
Dividend
3.35%
EV/EBITDA
13.14
P/E
21.82
EV/Sales
6.19
Sector
Electric Utilities
Category
dividend
Show full summary:
Fortis Inc. (FTS) Q3/25 Review
FTS (earnings): Q3 adj EPS $0.87 (+2.4% YoY), 5yr capex $28.8B (+11%), 7% rate base CAGR thru 2030, 52nd consecutive dividend hike (+4.1% to 3.56% yield). No equity dilution needed, 8GW+ data center upside at ITC. Overweight at $72 vs $54 avg cost, waiting for 4%+ yield to add.
Read full article (2 min)