Nama Insights

Fortis (FTS)

Utilities · Utilities Regulated Electric · NYSE

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/E23.0
Price / book1.7
Price / sales3.5
FCF yield-5.1%
Dividend yield3.1%
Gross margin72.4%
Operating margin28.3%
Net margin14.7%
Revenue growth (YoY)+5.8%
Revenue growth (3-yr annual)+3.3%
EPS growth (YoY)+8.9%
FCF/share growth (YoY)—
Beta0.4
ExchangeNYSE
SectorUtilities
IndustryUtilities 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.

QuarterReportedEPSEstimateSurpriseRevenue
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.

Utilities Regulated Electric peers

TickerCompanyMarket capP/E
NEE NextEra Energy $182.36B 21.6
SO Southern $107.51B 18.7
DUK Duke Energy $99.63B 18.6
NGG National Grid $83.60B —
AEP American Electric Power $68.90B 19.7
D Dominion Energy $60.34B 18.5
ETR Entergy $52.82B 25.2
XEL Xcel Energy $51.14B 18.4
Explore live FTS data on Nama Insights →

FTS FAQ

Is FTS a buy?
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.
Does FTS pay a dividend?
Yes — Fortis's dividend yield is 3.1%.