Fortis Stock Forecast for 2023 - 2025 - 2030

Updated on 04/19/2024

Stock Rating
16
Price Target
C$58.00
Consensus
Neutral
Upside
10.73%
Analysts
2
Stock Rating
16
Upside
10.73%
Analysts
2
Price Target
C$58.00

Fortis Stock Forecast and Price Target

Fortis's stock is projected to advance by 10.73% from the previous closing price if it reaches the average target of C$58.00 by the year's end, as two reputable analysts recently projected. This potential upside is calculated on a high-end estimate of C$62.00 and a low-end estimate of C$38.00. If you are interested in FTS stock, it is important to also consider its competitors.

C$58.00

10.73% Upside

Hold
Hold

Fortis Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Fortis's Price has seen a drop from C$50.73 to C$0.00 – a 100.00% decrease. For next year, analysts predict Fair Value of C$62.58, which would mean an increase of 100.00%. Over the next seven years, experts predict that Fortis's Fair Value will grow at a rate of 100.00%.

2024 Fair Value Forecast
C$62.58
2025 Fair Value Forecast
C$65.93
2026 Fair Value Forecast
C$69.88
2027 Fair Value Forecast
C$74.62
2028 Fair Value Forecast
C$77.38
2029 Fair Value Forecast
C$73.36
2030 Fair Value Forecast
C$72.28
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NEE Stock Forecast NextEra Energy Inc Outperform 9
$64.01 Buy/Sell $70.61 9.36%
SO Stock Forecast Southern Company Outperform 10
$70.57 Buy/Sell $74.90 7.69%
DUK Stock Forecast Duke Energy Corp Outperform 10
$95.93 Buy/Sell $105.00 5.29%
ENB Stock Forecast Enbridge Outperform 10
C$46.67 Buy/Sell C$52.44 13.56%
EPD Stock Forecast Enterprise Products Partners L... Outperform 7
$28.44 Buy/Sell $31.77 16.03%

Fortis Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Fortis's Revenue has grown by 28.90%, rising from C$8.94B to C$11.52B. For next year, analysts predict Revenue of C$12.05B, which would mean an increase of 4.66%. Over the next seven years, experts predict that Fortis's Revenue will grow at a rate of 12.59%.

2024 Rev Forecast
C$12.05B
2025 Rev Forecast
C$12.45B
2026 Rev Forecast
C$13.05B
2027 Rev Forecast
C$13.33B
2028 Rev Forecast
C$13.16B
2029 Rev Forecast
C$12.92B
2030 Rev Forecast
C$12.97B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ET Stock Forecast Energy Transfer LP Buy 10
$15.53 Buy/Sell $17.68 15.90%
NG. Stock Forecast National Grid Outperform 14
£10.30 Buy/Sell £11.61 15.53%
WMB Stock Forecast Williams Cos Inc-The Outperform 11
$37.58 Buy/Sell $38.57 2.71%

Fortis Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Fortis's Dividend per Share has grown by 18.04%, rising from C$1.94 to C$2.29. For next year, analysts predict Dividend per Share of C$2.38, which would mean an increase of 3.93%. Over the next seven years, experts predict that Fortis's Dividend per Share will grow at a rate of 16.46%.

2024 DPS Forecast
C$2.38
2025 DPS Forecast
C$2.49
2026 DPS Forecast
C$2.61
2027 DPS Forecast
C$2.75
2028 DPS Forecast
C$2.80
2029 DPS Forecast
C$2.69
2030 DPS Forecast
C$2.67
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
OKE Stock Forecast ONEOK Outperform 9
$77.88 Buy/Sell $76.57 4.65%
SRE Stock Forecast Sempra Outperform 7
$68.44 Buy/Sell $82.41 20.54%
D Stock Forecast Dominion Energy Inc Hold 10
$48.57 Buy/Sell $48.86 0.89%

Fortis Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
C$1.94B
2025 FCF Forecast
C$2.07B
2026 FCF Forecast
C$0.39B
2027 FCF Forecast
C$1.50B
2028 FCF Forecast
C$3.28B
2029 FCF Forecast
C$6.65B
2030 FCF Forecast
C$2.68B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
KMI Stock Forecast Kinder Morgan Outperform 9
$18.21 Buy/Sell $20.56 13.40%
TRP Stock Forecast TC Energy Hold 10
C$48.54 Buy/Sell C$68.70 14.34%
PCG Stock Forecast PG&E Outperform 10
$16.54 Buy/Sell $18.83 20.92%

Fortis EBITDA Forecast for 2023 - 2025 - 2030

Fortis's EBITDA has grown In the last three years, rising from C$3.97B to C$4.86B – a growth of 22.44%. In the next year, analysts believe that EBITDA will reach C$5.19B – an increase of 6.96%. For the next eight years, experts predict that Fortis's EBITDA will grow at a rate of 35.17%.

2024 EBITDA Forecast
C$5.19B
2025 EBITDA Forecast
C$5.64B
2026 EBITDA Forecast
C$6.03B
2027 EBITDA Forecast
C$6.56B
2028 EBITDA Forecast
C$6.84B
2028 EBITDA Forecast
C$6.84B
2029 EBITDA Forecast
C$6.56B
2030 EBITDA Forecast
C$6.57B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
WEC Stock Forecast WEC Energy Group Hold 10
$80.44 Buy/Sell $88.07 9.40%
DTE Stock Forecast DTE Energy Co Outperform 15
$106.48 Buy/Sell $117.71 11.45%
ES Stock Forecast Eversource Energy Outperform 14
$58.99 Buy/Sell $65.29 10.19%

Fortis EBIT Forecast for 2023 - 2025 - 2030

Fortis's EBIT has seen impressive growth In the last three years, rising from C$2.54B to C$3.08B – a growth of 21.47%. In the next year, analysts believe that EBIT will reach C$3.28B – an increase of 6.20%. For the next seven years, the forecast is for EBIT to grow by 37.26%.

2024 EBIT Forecast
C$3.28B
2025 EBIT Forecast
C$3.53B
2026 EBIT Forecast
C$3.82B
2027 EBIT Forecast
C$4.10B
2028 EBIT Forecast
C$4.33B
2028 EBIT Forecast
C$4.33B
2030 EBIT Forecast
C$4.23B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
PPL Stock Forecast Pembina Pipeline Outperform 17
C$47.20 Buy/Sell C$51.20 12.29%
AEE Stock Forecast Ameren Hold 15
$72.51 Buy/Sell $76.67 6.88%
FSLR Stock Forecast First Solar Outperform 11
$174.29 Buy/Sell $232.38 30.24%

Fortis EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Fortis's EPS has seen a drop from C$2.57 to C$0.00 – a 100.00% decrease. For next year, analysts predict EPS of C$3.17, which would mean an increase of 100.00%. Over the next seven years, experts predict that Fortis's EPS will grow at a rate of 100.00%.

2024 EPS Forecast
C$3.17
2025 EPS Forecast
C$3.34
2026 EPS Forecast
C$3.54
2027 EPS Forecast
C$3.78
2028 EPS Forecast
C$3.92
2029 EPS Forecast
C$3.72
2030 EPS Forecast
C$3.66
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CNP Stock Forecast CenterPoint Energy Outperform 14
$27.95 Buy/Sell $30.61 10.91%
CMS Stock Forecast CMS Energy Outperform 14
$58.48 Buy/Sell $63.11 9.44%
ATO Stock Forecast Atmos Energy Hold 17
$114.57 Buy/Sell $120.69 6.68%