Fortis Inc. (NYSE:FTS) is included among the 10 Canadian Stocks with Highest Dividends.
On April 20, CIBC raised its price recommendation on Fortis Inc. (NYSE:FTS) to C$81 from C$80. It reiterated an Outperformer rating on the shares.
On April 9, BofA analyst Ross Fowler raised the firm’s price goal on FTS to $53 from $51 and kept an Underperform rating. The firm left its FY26, FY27, and FY28 EPS estimates unchanged and pointed to updated peer group multiples as the reason for the higher target.
During the Q4 2025 earnings call, David Hutchens, President and Chief Executive Officer of Fortis, said the company had introduced its largest five-year capital plan to date, totaling $28.8 billion. He noted that the plan is expected to support long-term rate base growth of 7% and annual dividend growth of 4–6% through 2030.
Hutchens also said the company remains focused on providing safe, reliable, and affordable energy in the near term. At the same time, it plans to invest in its systems to meet changing customer and community needs.
Fortis Inc. (NYSE:FTS) is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utilities include ITC, UNS Energy, Central Hudson, FortisBC Energy Inc., FortisAlberta Inc., FortisBC Inc., and other electric operations.
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