Benzinga · Aug 3, 2026
RBC Capital Maintains Sector Perform on Fortis, Raises Price Target to $89
RBC Capital analyst Maurice Choy maintains Fortis (NYSE:FTS) with a Sector Perform and raises the price target from $80 to $89.
NYSE · FTS
Fortis Inc.
Utilities · Regulated Electric
$56.68
Up+$0.35 (+0.62%)
Updated Aug 16, 2026, 10:48 AM
SID Score
5.6/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 25.41B
- P/E ratio
- 19.58
- Dividend yield
- 3.94%
- 52-week range
- $48.64 – $59.40
- Volume
- 592.01K
- Avg. volume
- 696.71K
Price performance
FTS price history
1M range · 20 trading sessions · Daily adjusted prices
FTS closed at $56.68 after 20 trading sessions, down 2.78% for the selected period.
- Last close
- $56.68
- Period change
- -2.78%
- Period low
- $55.39
- Period high
- $58.84
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 14, 2026 | $56.16 | $56.71 | $56.16 | $56.68 | 592.01K |
| Aug 13, 2026 | $56.40 | $56.69 | $56.21 | $56.33 | 632.51K |
| Aug 12, 2026 | $55.98 | $56.46 | $55.98 | $56.22 | 948K |
| Aug 11, 2026 | $55.38 | $56.23 | $55.38 | $56.07 | 619.96K |
| Aug 10, 2026 | $55.88 | $55.955 | $55.10 | $55.39 | 1.09M |
| Aug 7, 2026 | $55.93 | $56.33 | $55.36 | $56.10 | 747.56K |
| Aug 6, 2026 | $56.86 | $56.97 | $55.56 | $55.92 | 619.83K |
| Aug 5, 2026 | $56.88 | $56.88 | $56.0971 | $56.30 | 1.06M |
| Aug 4, 2026 | $56.51 | $57.09 | $56.29 | $56.58 | 982.02K |
| Aug 3, 2026 | $57.26 | $57.26 | $56.18 | $56.53 | 422.89K |
| Jul 31, 2026 | $57.09 | $57.86 | $56.895 | $57.00 | 941.71K |
| Jul 30, 2026 | $57.45 | $57.80 | $56.95 | $57.47 | 1.13M |
| Jul 29, 2026 | $58.31 | $58.51 | $57.42 | $57.56 | 782.83K |
| Jul 28, 2026 | $58.87 | $59.40 | $58.34 | $58.34 | 907.85K |
| Jul 27, 2026 | $58.77 | $58.88 | $58.15 | $58.31 | 763.69K |
| Jul 24, 2026 | $58.78 | $59.21 | $58.595 | $58.84 | 505.53K |
| Jul 23, 2026 | $58.14 | $58.77 | $58.10 | $58.56 | 563.93K |
| Jul 22, 2026 | $58.02 | $58.58 | $57.975 | $58.34 | 887.78K |
| Jul 21, 2026 | $57.87 | $58.23 | $57.345 | $57.57 | 537.51K |
| Jul 20, 2026 | $58.58 | $59.02 | $58.19 | $58.30 | 720.29K |
Latest FTS news
The latest Smart Investors Daily articles mentioning FTS.
Stock researchCompany · Overview
FTS research
Overview
Company profile and research snapshot.
Company profile
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving roughly 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.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Hold
- Average target
- $50.86
- Implied upside
- —
- Analysts
- 21
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jun 24, 2026 | CIBC CAPITAL MARKETS | Outperform | — |
| Jun 14, 2026 | JEFFERIES | Hold | — |
| Jun 3, 2026 | EQUISIGHTS | Hold | — |
| May 21, 2026 | ARC INDEPENDENT RESEARCH | Hold | — |
| May 6, 2026 | VERITAS INVESTMENT RESEARCH | Buy | — |
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Benzinga · Aug 3, 2026
Barclays Maintains Overweight on Fortis, Lowers Price Target to $60
Barclays analyst Michael Lonegan maintains Fortis (NYSE:FTS) with a Overweight and lowers the price target from $61 to $60.
SeekingAlpha · Jul 31, 2026
Fortis Inc. (FTS:CA) Q2 2026 Earnings Call Transcript
Fortis Inc. (FTS:CA) Q2 2026 Earnings Call July 31, 2026 8:30 AM EDTCompany ParticipantsStephanie Amaimo - Vice President of Investor RelationsDavid...
Benzinga · Jul 31, 2026
Fortis Q2 EPS $0.56, Inline, Sales $2.117B Beat $2.110B Estimate
Fortis (NYSE:FTS) reported quarterly earnings of $0.56 per share which met the analyst consensus estimate. This is a 1.82 percent increase over earnings of $0.55 per share from the same period last year. The company
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