Fortis Inc. CUM RD 5Y SR G (FTRSF)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fortis Inc. CUM RD 5Y SR G (FTRSF) with AI Score 56/100 (Hold). Fortis Inc. is a diversified utility company operating in Canada, the United States, and the Caribbean, providing electricity and gas services. The company serves over 3. Market cap: 0, Sector: Utilities.
Last analyzed: Mar 16, 2026Fortis Inc. CUM RD 5Y SR G (FTRSF) Utility Operations & Dividend Profile
Fortis Inc. is a North American utility company delivering electricity and gas across diverse geographic regions, including Canada, the U.S., and the Caribbean. With a focus on regulated assets and a substantial customer base, Fortis maintains a low-risk profile within the utilities sector, characterized by stable earnings and essential service provision.
Investment Thesis
Fortis Inc. presents a stable investment profile within the utility sector, driven by its regulated business model and diversified geographic footprint. The company's focus on regulated assets provides predictable cash flows and supports long-term growth. While the company's Free Cash Flow is negative at $-2.63B, its consistent profitability, demonstrated by a 14.8% profit margin and a 7.6% ROE, suggests operational efficiency. The company's beta of 0.44 indicates lower volatility compared to the broader market. However, the high Debt-to-Equity ratio of 134.11% warrants monitoring. The absence of a dividend yield may deter some income-focused investors.
Based on FMP financials and quantitative analysis
Key Highlights
- Profit Margin of 14.8% indicates efficient operations and strong earnings generation.
- Gross Margin of 45.6% reflects effective cost management in providing utility services.
- Return on Equity (ROE) of 7.6% demonstrates the company's ability to generate profit from shareholders' investments.
- Debt-to-Equity ratio of 134.11% suggests a highly leveraged capital structure, requiring careful monitoring.
- Beta of 0.44 indicates lower volatility compared to the overall market, making it a potentially stable investment.
Competitors & Peers
Strengths
- Diversified geographic footprint across North America and the Caribbean.
- Regulated utility operations provide stable and predictable cash flows.
- Extensive infrastructure network of distribution lines and pipelines.
- Experienced management team with a track record of successful acquisitions.
Weaknesses
- High debt-to-equity ratio increases financial risk.
- Exposure to regulatory changes and political risks.
- Dependence on aging infrastructure requiring ongoing maintenance and upgrades.
- Negative Free Cash Flow.
Catalysts
- Ongoing: Investments in renewable energy projects are expected to drive long-term growth.
- Ongoing: Infrastructure modernization and smart grid deployment will improve efficiency and reliability.
- Upcoming: Potential acquisitions in new geographic markets could expand the company's footprint.
- Ongoing: Regulatory support for grid modernization projects provides financial incentives.
- Ongoing: Expansion of natural gas infrastructure to serve growing demand.
Risks
- Potential: Rising interest rates could increase borrowing costs and impact profitability.
- Potential: Economic downturns could reduce energy demand and revenue.
- Ongoing: Environmental regulations could increase compliance costs.
- Potential: Competition from alternative energy sources could erode market share.
- Ongoing: High debt-to-equity ratio increases financial risk.
Growth Opportunities
- Expansion of Renewable Energy Portfolio: Fortis can capitalize on the increasing demand for renewable energy by investing in solar, wind, and hydroelectric projects. This aligns with global sustainability trends and government incentives, potentially increasing its market share and attracting environmentally conscious investors. The renewable energy market is projected to grow significantly, offering long-term revenue opportunities for Fortis.
- Infrastructure Modernization and Smart Grid Deployment: Upgrading existing infrastructure with smart grid technologies can improve efficiency, reduce outages, and enhance customer service. Government funding and regulatory support for grid modernization projects provide financial incentives. This initiative can lead to operational cost savings and improved reliability, strengthening Fortis' competitive position.
- Geographic Expansion through Acquisitions: Fortis can pursue strategic acquisitions in new geographic markets to diversify its operations and customer base. Targeting regions with growing populations and increasing energy demand can drive revenue growth. Careful due diligence and integration are crucial for successful acquisitions, ensuring long-term value creation.
- Investment in Energy Storage Solutions: As renewable energy penetration increases, energy storage solutions become essential for grid stability. Fortis can invest in battery storage and other technologies to balance supply and demand, providing ancillary services to the grid. This can generate new revenue streams and enhance the reliability of its energy delivery systems.
- Development of Natural Gas Infrastructure: Despite the shift towards renewables, natural gas remains an important energy source for heating and power generation. Fortis can expand its natural gas pipeline network to serve growing demand in residential, commercial, and industrial sectors. This can provide a stable source of revenue and complement its renewable energy investments.
Opportunities
- Expansion of renewable energy portfolio to meet growing demand.
- Infrastructure modernization and smart grid deployment.
- Strategic acquisitions in new geographic markets.
- Investment in energy storage solutions to enhance grid stability.
Threats
- Rising interest rates increase borrowing costs.
- Economic downturns reduce energy demand.
- Environmental regulations increase compliance costs.
- Competition from alternative energy sources and new market entrants.
Competitive Advantages
- Regulated utility operations provide a natural monopoly and barriers to entry.
- Extensive infrastructure network of distribution lines and pipelines.
- Diversified geographic footprint reduces reliance on any single market.
- Long-term contracts and regulatory frameworks ensure stable revenue streams.
About FTRSF
Founded in 1885 and headquartered in St. John's, Canada, Fortis Inc. has evolved into a leading North American utility company. Initially focused on local electricity services, Fortis expanded its operations through strategic acquisitions and organic growth, diversifying its portfolio to include both electric and gas utilities across Canada, the United States, and the Caribbean. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area, with an aggregate capacity of 3,443 megawatts (MW). Furthermore, Fortis distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. Its infrastructure network includes approximately 91,100 circuit kilometers of distribution lines and approximately 51,700 kilometers of natural gas pipelines. Fortis operates regulated utilities, ensuring stable revenue streams and long-term growth opportunities within a defensive sector.
What They Do
- Generates and transmits electricity to retail customers.
- Distributes natural gas to residential, commercial, and industrial customers.
- Sells wholesale electricity to other entities.
- Owns and operates hydroelectric generating facilities.
- Provides operation, maintenance, and management services to hydroelectric facilities.
- Distributes electricity in various regions, including Newfoundland, Prince Edward Island, and Grand Cayman.
Business Model
- Generates revenue through regulated electricity and gas distribution services.
- Operates under long-term contracts and regulatory frameworks that ensure stable revenue streams.
- Invests in infrastructure and upgrades to maintain and improve service reliability.
- Expands its operations through strategic acquisitions and organic growth.
Industry Context
Fortis Inc. operates within the regulated utilities sector, characterized by stable demand and government oversight. The industry is undergoing a transition towards renewable energy sources and smart grid technologies. Fortis competes with other major utility companies in North America and the Caribbean. The regulated nature of the industry provides a degree of protection from economic downturns, but also limits potential for high growth. The market is influenced by factors such as energy prices, regulatory changes, and infrastructure investments.
Key Customers
- Residential customers in Canada, the United States, and the Caribbean.
- Commercial and industrial customers requiring electricity and gas services.
- Wholesale electricity customers, including other utilities.
- Municipalities and government entities.
Financials
Chart & Info
Fortis Inc. CUM RD 5Y SR G (FTRSF) stock price: Price data unavailable
Latest News
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ITC Holdings Corp. Announces Pricing of $500 Million Senior Notes due 2031 and $400 Million Senior Notes due 2036
Yahoo! Finance: FTRSF News · Mar 23, 2026
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Are Utilities Stocks Lagging Fortis (FTS) This Year?
Zacks · Feb 19, 2026
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Fortis (FTS) Is Up 5.24% in One Week: What You Should Know
Zacks · Feb 16, 2026
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Here's What Analysts Are Forecasting For Fortis Inc. (TSE:FTS) After Its Yearly Results
Simply Wall St. · Feb 15, 2026
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FTRSF.
Price Targets
Wall Street price target analysis for FTRSF.
MoonshotScore
What does this score mean?
The MoonshotScore rates FTRSF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
ITC Holdings Corp. Announces Pricing of $500 Million Senior Notes due 2031 and $400 Million Senior Notes due 2036
Are Utilities Stocks Lagging Fortis (FTS) This Year?
Fortis (FTS) Is Up 5.24% in One Week: What You Should Know
Here's What Analysts Are Forecasting For Fortis Inc. (TSE:FTS) After Its Yearly Results
FTRSF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Fortis Inc. (FTRSF) may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance compared to companies listed on major exchanges like the NYSE or NASDAQ. Investing in OTC Other stocks involves higher risks due to the lack of stringent listing requirements.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases information asymmetry.
- Lower liquidity can lead to price volatility and difficulty in executing trades.
- Higher potential for fraud and manipulation due to less regulatory oversight.
- Increased risk of delisting or trading suspension.
- OTC stocks may not be marginable.
- Verify the company's registration and regulatory filings.
- Review available financial statements and assess their accuracy.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's debt levels and cash flow.
- Monitor trading volume and price volatility.
- Understand the risks associated with investing in OTC stocks.
- Established operating history as a utility company.
- Presence in a regulated industry with government oversight.
- Substantial customer base and infrastructure network.
- Publicly available information, even if limited.
Fortis Inc. CUM RD 5Y SR G Stock: Key Questions Answered
What does Fortis Inc. do?
Fortis Inc. is a diversified utility company that generates, transmits, and distributes electricity and natural gas across Canada, the United States, and the Caribbean. The company operates primarily in regulated markets, providing essential services to residential, commercial, and industrial customers. Fortis focuses on maintaining and upgrading its infrastructure to ensure reliable service delivery and invests in renewable energy projects to meet growing demand for clean energy.
What do analysts say about FTRSF stock?
AI analysis is currently pending for FTRSF. Generally, utility stocks are viewed as stable investments due to their regulated nature and essential service provision. Key valuation metrics for utility companies include price-to-earnings ratio, dividend yield (if applicable), and regulatory environment. Growth considerations often revolve around infrastructure investments, renewable energy projects, and regulatory approvals for rate increases.
What are the main risks for FTRSF?
The main risks for Fortis Inc. include regulatory changes that could impact revenue and profitability, rising interest rates that could increase borrowing costs, and economic downturns that could reduce energy demand. Additionally, environmental regulations and competition from alternative energy sources pose ongoing challenges. The company's high debt-to-equity ratio also increases financial risk, requiring careful monitoring of its debt management strategies.
What are the key factors to evaluate for FTRSF?
Fortis Inc. CUM RD 5Y SR G (FTRSF) currently holds an AI score of 56/100, indicating moderate score. Key strength: Diversified geographic footprint across North America and the Caribbean.. Primary risk to monitor: Potential: Rising interest rates could increase borrowing costs and impact profitability.. This is not financial advice.
How frequently does FTRSF data refresh on this page?
FTRSF prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven FTRSF's recent stock price performance?
Recent price movement in Fortis Inc. CUM RD 5Y SR G (FTRSF) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Diversified geographic footprint across North America and the Caribbean.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider FTRSF overvalued or undervalued right now?
Determining whether Fortis Inc. CUM RD 5Y SR G (FTRSF) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying FTRSF?
Before investing in Fortis Inc. CUM RD 5Y SR G (FTRSF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than major exchange data.
- Analyst consensus is based on limited available information.