US · Utilities · Utilities - Regulated Electric
EPS came in at 0.56 against a street estimate of 0.55 — a beat of 1.8%.
Analysts rate Fortis Inc a hold (1 buy, 11 hold, 5 sell out of 17) with an average price target of $55.00.
CONFIDENT FTS delivered Q2 EPS of $0.78, invested $2.7B YTD, and secured major Tilbury LNG expansion (1B CAD in rate base). Maintains 7% rate base growth and 4–6% dividend growth through 2030. Q2 2026 BC Tilbury 1B expansion is portfolio flagship; Arizona data center load creating USD 1.5–2B opportunity; Midwest transmission projects (USD 3.3–3.8B) progressing. Analysts probed Tilbury timeline (unfirmed), Arizona political risk post-primary (management unconcerned—3 known commissioners remain), and ITC data center pipeline acceleration. Management deferred capex profiles to Q3 refresh, emphasized disciplined balance sheet management, and reiterated zero cost-shift discipline on large loads. 2026-07-31…
Full summary in the app.
| Fund | Stake |
|---|---|
| Royal Bank of Canada | 6.90% |
| Bank of Montreal | 4.85% |
| BMO Capital Markets Corp. | 4.85% |
| Fidelity International Ltd | 3.80% |
| Vanguard Capital Management, LLC | 2.97% |
| TD Asset Management Inc | 1.91% |
| Scotia Capital Inc | 1.84% |
| TD Waterhouse Canada Inc | 1.82% |
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.46 / share ex-date Aug 19, 2026 · pay Sep 1, 2026 | 2026-08-19 |
| Dividend | $0.47 / share ex-date May 15, 2026 · pay Jun 1, 2026 | 2026-05-15 |
| Dividend | $0.47 / share ex-date Feb 17, 2026 · pay Mar 1, 2026 | 2026-02-17 |
| Dividend | $0.45 / share ex-date Nov 17, 2025 · pay Dec 1, 2025 | 2025-11-17 |
| Dividend | $0.45 / share ex-date Aug 19, 2025 · pay Sep 1, 2025 | 2025-08-19 |
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Google PlayApp StoreData updated 2026-09-18.