Fortis Inc's stock has seen slight declines this week amid market fluctuations.
Fortis Inc (FTS.TO) has experienced a modest downturn in its stock price this week, closing at C$81.23, down 0.23% for the day and 0.54% for the week. As a key player in the utilities sector, Fortis continues to attract attention from investors, especially with upcoming events that could impact its performance.
Advertisement
Fortis Inc
FTS.TO
FTS.TO
Fortis Inc
WealthAwesomeMarket cap
$38.34B
P/E
22.1x
Div. yield
3.37%
Div. / share
$2.54
52W high
$83.07
52W low
$66.73
1W change
-1.55%
Beta
0.41
Analyst Price Targets
Based on analyst covering FTS · as of Sep 23, 2026
Wall Street analysts forecast FTS stock price to rise 10.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$82.61
+10.1% Upside
Previously C$82.89 on Sep 21, 2026
Current Price
C$75.04
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FTS's historical volatility
30-Day Vol
12.8%
Annualized
90-Day Vol
13.5%
Annualized
Trend (90d)
-37.7%
Annualized drift
90d Mean
C$65.58
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$71.75 | C$68.65 – C$74.98 |
| 60 trading days | C$68.60 | C$64.44 – C$73.01 |
| 90 trading days | C$65.58 | C$60.76 – C$70.79 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: Investors should note Fortis's stable fundamentals and upcoming teleconference, which could provide insights into its financial health and future strategies.
Fortis Inc's stock is currently trading within 93% of its 52-week range.
With a 52-week range of C$61.98 to C$82.67, Fortis Inc's current price reflects a strong position within its historical performance.
Bull case
Fortis has shown solid performance this year, with a 14.01% increase so far. This growth is backed by a strong market cap and consistent profit margins, making it an attractive option for investors.
Bear case
However, recent price fluctuations and lower trading volume compared to its 20-day average may signal some caution among investors.
Price Action Overview
Advertisement
Fortis Inc's stock closed at C$81.23, reflecting a slight decline of 0.23% for the day and a 0.54% decrease over the week. Despite these minor setbacks, the stock has shown resilience with a year-to-date increase of 14.01%, indicating a generally positive trend in the longer term.
Company News
Fortis Inc announced that it will hold a teleconference and webcast on July 31 to discuss its second-quarter results for 2026. This upcoming event is expected to provide valuable insights into the company's performance and future outlook, which could influence investor sentiment.
Technical Picture
From a technical perspective, Fortis is trading above its 50-day moving average of C$78.75, representing a 3.1% premium. It is also well above its 200-day moving average of C$75.13, showing an 8.1% gain. The stock's beta of 0.43 suggests lower volatility compared to the broader market, which may appeal to risk-averse investors. Recent trading volume of 661,978 shares is notably lower than the 20-day average of 1,078,315 shares, indicating decreased trading activity.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
