NYSE: FTS

Fortis (FTS) Stock Analysis & Forecast

Nov 4 close

$60.93+1.21 (+2.0%)

Gekko Brief

AI summaryNov 4 close

Fortis moved higher this week on strong third-quarter results and an expanded capital plan. The company reported Q3 2026 net earnings of C$474 million, up from C$409 million a year prior, with adjusted earnings per share of C$0.92. Alongside the results, Fortis unveiled a record C$32.2 billion ($23.9 billion) five-year capital program for 2027 through 2031, with 62% of spending allocated to the United States, supporting a 7.5% compound annual growth rate in rate base and extending dividend-growth guidance of 4% to 6% through 2031, part of a 53-year dividend streak. Several preferred share series also declared routine dividends during the week.

The stock closed at $60.93, up 2%, and sits above both its 50-day average of $55.04 and 200-day average of $56.03, having touched a 52-week high of $60.98 against a 52-week low of $49.60. The GekkoIndex reads 43.4, placing Fortis in the Distribution zone, down 4.4 over five sessions. Price sits 12.5% above Gekko Fair Value of $54.15, and the consensus analyst target of $53 implies downside of -13%.

Over the next 20 trading days, the next earnings date falls on 11 February 2027, 98 days away, outside this window. No insider, Congress or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality from this point in the calendar has averaged a 0.3% return over the next 20 trading days across 5 years, rising in 3 of them. The gap to Gekko Fair Value and the Distribution zone reading bear watching.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Fortis price vs fair value

$60.93$54.15Nov ’25May ’26Nov ’26
Close $60.93200-day averageGekko Fair Value $54.15

Fortis quick facts

Market cap
$31.13B
P/E ratio
24.1
Forward P/E
21.4
EPS, TTM
$2.46
Revenue, TTM
$12.35B
Profit margin
14.7%
Dividend yield
4.32%
Beta
0.44
Volume
1.16M avg 827,036
1-year return
+22.3%
Typical daily move
±1.6%
Typical 20-day move
±2.8%
50-day average
$55.04
200-day average
$56.03
Next earnings
Feb 11
Shares outstanding
510.9M
52-week range
$49.60$60.98

Fortis swing-trade checklist

Fortis scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $60.93 sits between the 50-day ($55.04) and 200-day ($56.03) averages, or the averages disagree.

    See the chart
  • GekkoIndexheadwind

    43.4, Distribution

    Reading 43.4 is in the Distribution zone.

    See the GekkoIndex
  • Fair valueheadwind

    12.5% above

    Price is 12.5% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 98 days

    Next report Feb 11, 2027, 98 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.3% on average

    From this point in the calendar, the next 20 trading days averaged +0.3% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Fortis stock chart and price history

Fortis closed at $60.93 on Nov 4, 2026, +22.3% over the past year, inside a 52-week range of $49.60 to $60.98.

Close50-day average200-day averageVolume
Fortis share price, past year, with 50-day and 200-day moving averages and volume$50$55$60DecJan 2026FebMarAprMayJunJulAugSepOct60.93

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+15.1%
3 months
+9.0%
6 months
+8.6%
1 year
+22.3%
The full FTS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FTS in Gekko

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About Fortis

Fortis provides electricity and natural gas to customers across Canada, the United States and several Caribbean territories. Its business spans retail power delivery in parts of Arizona, natural gas distribution in British Columbia, and electric utility service in Alberta, Ontario, Newfoundland and Labrador, and Prince Edward Island, along with customers on Grand Cayman and in Turks and Caicos. The company is recognized for the geographic reach of its utility operations, which combine electricity generation from gas, hydroelectric, wind and solar sources with an extensive network of distribution lines and gas pipelines.

Its generation assets include hydroelectric plants in Alberta and Belize, gas-fired and hydro facilities in Arizona, and wholesale electricity sales to other utilities in the western United States. Fortis also manages hydroelectric stations it does not fully own and operates a natural gas storage facility at Aitken Creek. Customers range from residential and commercial gas users in British Columbia to retail electricity subscribers across its various regional markets, along with wholesale counterparties.

Fortis was founded in 1885 and is headquartered in St. John's, Canada. Its shares are listed on the NYSE under the ticker FTS.

Listed
NYSE
Sector
Utilities
Industry
Electric utilities
Website
fortisinc.com

Fortis GekkoIndex: the smart money zone

Fortis’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 43.4, in the Distribution zone, down 4.4 points over five sessions.

010043.4Distribution

Down 4.4 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying21+1.8%+1.1%+1.9%+1.5%
Accumulation204+0.4%+0.9%+1.8%+3.8%
Neutral449+0.2%+0.4%+0.8%+2.4%
Distribution (current zone)22−0.1%+0.2%−0.2%+0.9%
Selling1Too few readings yet

Average FTS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Distribution readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Distribution zone: Institutions potentially offloading. About the five zones →

See every daily GekkoIndex reading plotted over the FTS price, zone by zone.Track FTS in Gekko

Is Fortis stock overvalued? Gekko Fair Value

Fortis trades 12.5% above Gekko Fair Value of $54.15, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Fortis shares are worth, recalculated every trading day.

$54.15

Gekko Fair Value, Nov 4, 2026

12.5% Overvalued

At the end of Aug 2026 the price was 0.9% below the estimate.

Gekko Fair ValueShare price, month end
$54$60Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FTS in Gekko

Fortis insider and Congress trading

No open-market insider purchases were filed for Fortis, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FTS in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FTS insider filing, plotted on the chart in Gekko.Open FTS in Gekko

Congress trades last 90 days

No trades in FTS were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FTS, plotted on the chart in Gekko.Open FTS in Gekko

Fortis earnings: next date and track record

Fortis reports on Feb 11, 2027 (98 days away).

Fortis stock forecast and analyst price targets

Analysts’ average 12-month price target for Fortis is $53.00, −13.0% from the last close.

$53.00consensus 12-month target, −13.0% from the last close
−0.2%average 20-day move after past Distribution readings
+0.3%average move over the next 20 trading days in the last 5 years
±1.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Fortis seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Fortis averaged +0.3% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−2.3%2021+0.7%2022−1.9%2023+4.0%2024+1.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.2%4 of 5
Next 10 trading days+1.0%3 of 5
Next 15 trading days+1.0%3 of 5
Next 20 trading days+0.3%3 of 5
Next 30 trading days+0.6%3 of 5

For scale, FTS’s typical 20-trading-day move in either direction is about 2.8%.

Fortis market cap and key statistics

Fortis’s market cap is $31.13B, with a P/E ratio of 24.1 and revenue of $12.35B over the last twelve months.

Valuation

Market cap
$31.13B
P/E ratio
24.1
Forward P/E
21.4
EPS, TTM
$2.46
Gekko Fair Value
$54.15

Trading

Volume
1.16M
Avg volume, 20 days
827,036
52-week high
$60.98
52-week low
$49.60
Shares outstanding
510.9M

Financials

Revenue, TTM
$12.35B
Profit margin
14.7%
Return on equity
7.5%
Quarterly earnings growth, YoY
+2.2%

Risk and income

Beta
0.44
Typical daily move
±1.6%
Typical 20-day move
±2.8%
Dividend yield
4.32%

Fortis stock news this week

Coverage of Fortis this week reads neutral: 8 positive, 10 neutral and 1 negative headlines.

News sentiment neutral

Fortis peers

Fortis’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NEENextEra Energy+1.1%Distribution15.3% below
SOSouthern+0.9%Neutral21.9% above
DUKDuke Energy+1.7%Neutral24.2% above
CEGConstellation Energy−1.2%Accumulation1.1% below
AEPAmerican Electric Power+0.9%Neutral9.3% above
DDominion Energy+0.7%Distribution5.3% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Electric utilities

Fortis stock FAQ

What is Fortis’s market cap?

Fortis’s market cap is $31.13B at the Nov 4, 2026 close of $60.93, with 510.9M shares outstanding. The shares trade on a P/E ratio of 24.1.

What is the Fortis stock forecast?

The consensus analyst 12-month price target for Fortis is $53.00, −13.0% from the last close. Gekko doesn’t publish price predictions of its own.

Is Fortis stock overvalued or undervalued?

On Gekko’s estimate Fortis is overvalued: the Nov 4, 2026 close of $60.93 is 12.5% above Gekko Fair Value of $54.15. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Fortis report earnings next?

Fortis is expected to report on Feb 11, 2027 (98 days away). Analysts expect earnings of $0.67 per share on revenue of $2.42B.

What is Fortis’s 52-week high and low?

Fortis’s 52-week high is $60.98 and its 52-week low is $49.60; it closed at $60.93 on Nov 4, 2026, +22.3% over the past year.

Is Fortis stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (earnings risk and seasonality), 1 as mixed (trend) and 2 as headwinds (gekkoindex and fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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