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NYSE: FTS
Fortis Inc Stock Forecast, Predictions & Price Target

Analyst price target for FTS

Based on 2 analysts offering 12 month price targets for Fortis Inc.
Min Forecast
$60.50+48.61%
Avg Forecast
$61.25+50.45%
Max Forecast
$62.00+52.3%

Should I buy or sell FTS stock?

Based on 2 analysts offering ratings for Fortis Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FTS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-08-24
lockedlocked$00.00+00.00%2023-08-03

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Forecast return on equity

Is FTS forecast to generate an efficient return?
Company
7.81%
Industry
11.55%
Market
39.07%
FTS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FTS forecast to generate an efficient return on assets?
Company
2.55%
Industry
3.04%
FTS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FTS revenue forecast

What is FTS's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$8.6B-1.86%
Avg 2 year Forecast
$8.8B+0.18%
Avg 3 year Forecast
$9.1B+4.18%
FTS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FTS earnings growth forecast

How is FTS forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
3.23%
Industry
19.42%
Market
21.57%
FTS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FTS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FTS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FTS revenue growth forecast

How is FTS forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
1.11%
Industry
1.13%
Market
6.63%
FTS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FTS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FTS vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
FTS$40.71$61.25+50.45%Buy
AEE$78.02$84.43+8.21%Buy
PPL$26.06$28.20+8.21%Buy
ES$59.65$63.70+6.79%Hold
FE$37.08$39.67+6.98%Buy

Fortis Stock Forecast FAQ

Is Fortis Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: FTS) stock is to Buy FTS stock.

Out of 2 analysts, 0 (0%) are recommending FTS as a Strong Buy, 1 (50%) are recommending FTS as a Buy, 1 (50%) are recommending FTS as a Hold, 0 (0%) are recommending FTS as a Sell, and 0 (0%) are recommending FTS as a Strong Sell.

If you're new to stock investing, here's how to buy Fortis stock.

What is FTS's revenue growth forecast for 2023-2025?

(NYSE: FTS) Fortis's forecast annual revenue growth rate of 1.11% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 1.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.63%.

Fortis's revenue in 2023 is $8,613,138,686.On average, 2 Wall Street analysts forecast FTS's revenue for 2023 to be $4,190,299,265,000, with the lowest FTS revenue forecast at $4,140,184,050,000, and the highest FTS revenue forecast at $4,240,414,480,000. On average, 2 Wall Street analysts forecast FTS's revenue for 2024 to be $4,277,447,665,000, with the lowest FTS revenue forecast at $4,197,954,060,000, and the highest FTS revenue forecast at $4,356,941,270,000.

In 2025, FTS is forecast to generate $4,448,276,115,000 in revenue, with the lowest revenue forecast at $4,448,276,115,000 and the highest revenue forecast at $4,448,276,115,000.

What is FTS's forecast return on assets (ROA) for 2023-2025?

(NYSE: FTS) forecast ROA is 2.55%, which is lower than the forecast US Utilities - Regulated Electric industry average of 3.04%.

What is FTS's Price Target?

According to 2 Wall Street analysts that have issued a 1 year FTS price target, the average FTS price target is $61.25, with the highest FTS stock price forecast at $62.00 and the lowest FTS stock price forecast at $60.50.

On average, Wall Street analysts predict that Fortis's share price could reach $61.25 by Aug 24, 2024. The average Fortis stock price prediction forecasts a potential upside of 50.45% from the current FTS share price of $40.71.

What is FTS's forecast return on equity (ROE) for 2023-2025?

(NYSE: FTS) forecast ROE is 7.81%, which is considered weak.
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