Fortis (FTS) is a Utilities company in the Utilities Regulated Electric industry. It has a market capitalization of $31.00B, a trailing price-to-earnings ratio of 23.0 and a free-cash-flow yield of -5.1%. Over the most recent reported fiscal year, revenue grew 5.8%. Nama's AI scorecard rates it Sell, 4.0 out of 10. On 12-month momentum it ranks in the middle band of its market.
AI scorecard
Sell · 4.0/10
Negative, at the mild end of Sell. As of Nov 7, 2026.
Momentum
Middle · +3.8% over 12 months ex. last
Middle fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-2.6%
How far the last close sits under the highest price of the past five years.
Market cap
$31.00B
Trailing P/E
23.0
Price / book
1.7
Price / sales
3.5
FCF yield
-5.1%
Dividend yield
3.1%
Gross margin
72.4%
Operating margin
28.3%
Net margin
14.7%
Revenue growth (YoY)
+5.8%
Revenue growth (3-yr annual)
+3.3%
EPS growth (YoY)
+8.9%
FCF/share growth (YoY)
—
Beta
0.4
Exchange
NYSE
Sector
Utilities
Industry
Utilities Regulated Electric
FTS earnings
Next report: Feb 11, 2027 (Q4 2026, EPS estimate $0.69).
Beat the EPS estimate in 3 of 4 recent quarters.
Quarter
Reported
EPS
Estimate
Surprise
Revenue
Q3 2026
Nov 3, 2026
$0.66
$0.63
+4.8%
$2.23B
Q2 2026
Jul 31, 2026
$0.56
$0.54
+3.7%
$2.09B
Q1 2026
May 6, 2026
$0.73
$0.73
+0.0%
$2.43B
Q4 2025
Feb 12, 2026
$0.66
$0.62
+6.5%
$2.20B
FTS analyst price target
Median target $53.00 from 2 analysts, ranging $50.00 – $56.00.
Nama's AI scorecard currently rates Fortis Sell (4.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FTS's P/E ratio?
Fortis trades at a trailing price-to-earnings ratio of 23.0.
When does FTS report earnings?
Fortis's next scheduled report is on Feb 11, 2027. Analysts expect EPS of $0.69.
What is the FTS price target?
The median analyst price target from 2 analysts is $53.00, with a range of $50.00 – $56.00.
Is FTS Shariah compliant?
Nama's AAOIFI-style screen reads Fortis as Not Shariah Compliant. At least one of the three ratios or the industry test failed.