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Fortis (FTS) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FTS Stock Forecast

Fortis (FTS) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $50.86, with a high of $61.00 and a low of $46.95. This represents a 5.56% increase from the last price of $48.18.

$35 $41 $47 $53 $59 $65 High: $61 Avg: $50.86 Low: $46.95 Last Closed Price: $48.18

FTS Stock Rating

Fortis stock's rating consensus is Hold, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (30.00%), 7 Hold (70.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 10 0 7 3 Strong Sell Sell Hold Buy Strong Buy

FTS Price Target Upside V Benchmarks

TypeNameUpside
StockFortis5.56%
SectorUtilities Stocks11.76%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$48.18$48.18$48.18
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-1112216
Mar, 25-1112216
Feb, 25-1102215
Jan, 25-1102215
Dec, 24-1102215
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 19, 2022Richard SunderlandJ.P. Morgan$46.95$46.061.93%-2.55%
Aug 18, 2021Elias FoscolosIndustrial Alliance Securities$48.54$44.928.06%0.75%
Aug 17, 2021Neil KaltonWells Fargo$61.00$45.3234.60%26.61%
Jul 30, 2021Patrick KennyNational Bank$46.95$44.126.41%-2.55%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 08, 2025CIBCNeutralNeutralhold
Jan 07, 2025National BankSector PerformSector Performhold
Oct 22, 2024CIBCNeutralNeutralhold
Sep 27, 2024BMO CapitalMarket PerformMarket Performhold
Aug 23, 2024National BankSector PerformSector Performhold
Aug 20, 2024ScotiabankSector PerformSector Performhold
Aug 01, 2024Raymond JamesOutperformOutperformhold
Aug 01, 2024RBC CapitalSector PerformSector Performhold
Aug 01, 2024CIBCNeutralNeutralhold
Aug 01, 2024BMO CapitalMarket PerformMarket Performhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.60$2.61$2.78$2.96-----
Avg Forecast$2.55$2.68$2.73$3.07$3.23$3.37$3.52$3.68$3.89
High Forecast$2.72$2.85$3.01$3.13$3.35$3.42$3.64$3.80$4.25
Low Forecast$2.37$2.49$2.49$3.00$3.15$3.27$3.44$3.61$3.54
Surprise %1.96%-2.61%1.83%-3.58%-----

Revenue Forecast

$9B $10B $11B $12B $13B $14B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$8.94B$9.45B$11.04B$11.52B-----
Avg Forecast$9.10B$9.33B$10.32B$11.61B$11.98B$12.64B$13.20B$12.41B$12.93B
High Forecast$9.57B$9.80B$11.12B$11.84B$12.19B$13.21B$13.21B$12.80B$13.87B
Low Forecast$8.60B$8.82B$9.60B$11.39B$11.75B$12.10B$13.20B$12.01B$12.03B
Surprise %-1.84%1.27%7.02%-0.80%-----

Net Income Forecast

$1B $1B $2B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.27B$1.29B$1.39B$1.57B-----
Avg Forecast$1.29B$1.35B$1.51B$1.51B$1.59B$1.63B$1.72B$1.80B$1.89B
High Forecast$1.54B$1.62B$1.81B$1.81B$1.63B$1.66B$1.77B$1.85B$2.07B
Low Forecast$1.03B$1.08B$1.21B$1.20B$1.53B$1.59B$1.67B$1.75B$1.72B
Surprise %-0.88%-4.43%-7.73%4.45%-----

FTS Forecast FAQ

Is Fortis stock a buy?

Fortis stock has a consensus rating of Hold, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Fortis is a neutral investment for most analysts.

What is Fortis's price target?

Fortis's price target, set by 10 Wall Street analysts, averages $50.86 over the next 12 months. The price target range spans from $46.95 at the low end to $61 at the high end, suggesting a potential 5.56% change from the previous closing price of $48.18.

How does Fortis stock forecast compare to its benchmarks?

Fortis's stock forecast shows a 5.56% upside, underperforming the average forecast for the utilities stocks sector (11.76%).

What is the breakdown of analyst ratings for Fortis over the past three months?

  • April 2025: 0% Strong Buy, 6.25% Buy, 68.75% Hold, 12.50% Sell, 12.50% Strong Sell.
  • March 2025: 0% Strong Buy, 6.25% Buy, 68.75% Hold, 12.50% Sell, 12.50% Strong Sell.
  • February 2025: 0% Strong Buy, 6.67% Buy, 66.67% Hold, 13.33% Sell, 13.33% Strong Sell.

What is Fortis’s EPS forecast?

Fortis's average annual EPS forecast for its fiscal year ending in December 2024 is $3.23, marking a 9.12% increase from the reported $2.96 in 2023. Estimates for the following years are $3.37 in 2025, $3.52 in 2026, $3.68 in 2027, and $3.89 in 2028.

What is Fortis’s revenue forecast?

Fortis's average annual revenue forecast for its fiscal year ending in December 2024 is $11.98B, reflecting a 3.98% increase from the reported $11.52B in 2023. The forecast for 2025 is $12.64B, followed by $13.2B for 2026, $12.41B for 2027, and $12.93B for 2028.

What is Fortis’s net income forecast?

Fortis's net income forecast for the fiscal year ending in December 2024 stands at $1.59B, representing an 1.14% increase from the reported $1.57B in 2023. Projections indicate $1.63B in 2025, $1.72B in 2026, $1.8B in 2027, and $1.89B in 2028.