Fortis (NYSE:FTS – Get Free Report) will likely be releasing its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect Fortis to post earnings of $0.56 per share and revenue of $1.8344 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 8:30 AM ET.
Fortis (NYSE:FTS – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The business had revenue of $2.45 billion for the quarter, compared to analysts’ expectations of $2.56 billion. Fortis had a return on equity of 7.25% and a net margin of 14.21%.During the same period in the previous year, the business posted $1.00 earnings per share. On average, analysts expect Fortis to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Fortis Stock Performance
Shares of NYSE FTS opened at $58.41 on Wednesday. The business has a fifty day simple moving average of $56.94 and a 200 day simple moving average of $56.10. The company has a current ratio of 0.49, a quick ratio of 0.41 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $29.84 billion, a price-to-earnings ratio of 23.74 and a beta of 0.43. Fortis has a one year low of $48.35 and a one year high of $59.40.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on FTS
Institutional Trading of Fortis
A number of large investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Fortis during the fourth quarter worth $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in shares of Fortis by 157.4% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 700 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 428 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Fortis by 123.9% in the 3rd quarter. Larson Financial Group LLC now owns 739 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 409 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Fortis by 2,119.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,043 shares of the utilities provider’s stock valued at $49,000 after purchasing an additional 996 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Fortis in the 2nd quarter worth about $56,000. 57.77% of the stock is currently owned by institutional investors.
Fortis Company Profile
Fortis Inc is a Canadian diversified electric and gas utility holding company headquartered in St. John’s, Newfoundland and Labrador. Through a portfolio of regulated utility subsidiaries, the company develops, owns and operates electricity and natural gas transmission, distribution and generation assets. Fortis serves customers across multiple jurisdictions in Canada, the United States and the Caribbean, focusing on the delivery of safe, reliable energy to residential, commercial and industrial users.
The company’s core activities include operation and maintenance of transmission and distribution networks, ownership of generation facilities, and investment in grid modernization and system resilience.
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