Welcome to our dedicated page for Fortis news (Ticker: FTS), a resource for investors and traders seeking the latest updates and insights on Fortis stock.
Fortis Inc. (FTS) delivers essential electric and gas utility services to millions across North America and the Caribbean through regulated operations. This page provides investors and stakeholders with a centralized source for official company announcements, financial updates, and strategic developments.
Access timely press releases, earnings reports, and regulatory filings to stay informed about Fortis's infrastructure investments, rate case outcomes, and sustainability initiatives. Our curated news collection ensures you never miss critical updates on operational milestones or industry trends affecting this utility leader.
Key content includes quarterly financial results, major infrastructure projects, executive leadership changes, and compliance-related announcements. All materials are sourced directly from Fortis's corporate communications and vetted for relevance to long-term investors.
Bookmark this page for streamlined access to Fortis's latest developments. Combine these updates with Stock Titan's analysis tools to assess the company's performance within the broader utilities sector.
Fortis Inc (TSX/NYSE: FTS) has announced key upcoming investor events for May 2025. The company will release its first quarter 2025 financial results on Wednesday, May 7, 2025, followed by a teleconference and webcast at 8:30 a.m. (Eastern).
President and CEO David Hutchens, along with CFO Jocelyn Perry, will host the earnings discussion. Participants can join through various channels:
- Live webcast on Fortis website
- Toll-free call for North American financial community: 1.833.821.0229
- International call: 1.647.846.2371
Additionally, the company will hold its 2025 Annual Meeting of Shareholders on Thursday, May 8, 2025, at 9:00 a.m. (Eastern). The meeting will be conducted both in-person at the Fortis Energy Centre in St. John's, NL, and virtually through an online platform.
Fortis Inc. (TSX/NYSE: FTS) has announced the filing of its key financial and regulatory documents for the year ended December 31, 2024. The company has submitted its audited Consolidated Financial Statements, Management Discussion and Analysis, Form 40-F, and 2024 Annual Information Form with both Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission.
These documents are now accessible through multiple channels, including SEDAR+ for Canadian filings, the SEC website for U.S. filings, and the company's official website. The company also noted that its Management Information Circular for the upcoming Annual Meeting of Shareholders is expected to be distributed to shareholders in late March.
Fortis Inc. (TSX/NYSE: FTS) reported strong financial results for 2024, with annual net earnings of $1.6 billion, or $3.24 per common share. The company achieved adjusted net earnings per share of $3.28, representing a 6% growth from 2023's $3.09.
Key highlights include $5.2 billion in capital expenditures, yielding 6% annual rate base growth, and a 4.2% increase in fourth quarter common share dividend, marking 51 consecutive years of dividend increases. The company completed the Wataynikaneyap Transmission Power project, connecting 17 First Nations communities to the Ontario power grid.
Fortis announced a $26 billion five-year capital plan through 2029, which is $1.0 billion higher than the previous plan. The company expects this investment to increase its midyear rate base from $39.0 billion in 2024 to $53.0 billion by 2029, representing a 6.5% compound annual growth rate. The plan will be funded primarily through operations cash flow and regulated utility debt.
Fortis Inc. (TSX/NYSE: FTS) has announced its second quarter dividends for 2025. The Board of Directors has declared dividends payable on June 1, 2025, to shareholders of record as of May 16, 2025. The dividend schedule includes payments for various series of First Preference Shares, ranging from $0.11469 to $0.3826875 per share, and a common share dividend of $0.615.
The dividends have been designated as eligible for federal and provincial dividend tax credit purposes. All amounts are in Canadian dollars. This announcement is incorporated as a Designated News Release in the company's prospectus supplement dated December 9, 2024.
Fortis Inc. (TSX/NYSE: FTS) has announced it will release its 2024 financial results on Friday, February 14, 2025. The company will host a teleconference and webcast at 8:30 a.m. (Eastern) on the same day. David Hutchens, President and CEO, and Jocelyn Perry, Executive VP and CFO, will lead the discussion of the annual financial results.
Shareholders, analysts, media, and other interested parties can access the live webcast through the company's website. Financial community members from Canada and the US can participate toll-free, while international participants have a separate dial-in number. Pre-registration is available for the call, providing participants with direct calendar access and bypass of the operator queue. A replay of the teleconference will be available until March 14, 2025.
Fortis Inc. (TSX/NYSE: FTS) has announced it will release its 2024 financial results on Friday, February 14, 2025. The company will host a teleconference and webcast at 8:30 a.m. (Eastern) on the same day. David Hutchens, President and CEO, and Jocelyn Perry, Executive VP and CFO, will lead the discussion of the annual financial results.
Shareholders, analysts, media, and other interested parties can access the live webcast through the company's website. Financial community members from Canada and the US can participate toll-free at 1.844.763.8274, while international participants can call 1.647.484.8814. Pre-registration is available for the call, providing participants with direct dial-in details. A replay will be available until March 14, 2025.
Fortis Inc. (TSX/NYSE: FTS) announced changes to its Board of Directors. Lisa Crutchfield will resign from the board effective December 31, 2024, and Gregory Knight will fill the vacancy starting January 1, 2025. Knight brings significant utility sector experience, having served as Executive Vice President of Customer Transformation and Business Services at CenterPoint Energy, and Chief Customer Officer at National Grid USA Service Company. The announcement was made as a Designated News Release, incorporated into Fortis' prospectus supplement dated December 9, 2024.
Fortis Inc. (TSX/NYSE: FTS) announced the renewal of its at-the-market equity program (ATM Program), allowing the issuance of up to C$500,000,000 (or US dollar equivalent) in common shares. The shares will be sold through the TSX and NYSE at prevailing market prices, with the program effective until January 10, 2027. The ATM Program provides additional financing flexibility for Fortis's capital program, with proceeds intended for general corporate purposes. The distribution will be managed through an equity distribution agreement with several major financial institutions acting as Canadian and US agents.
Fortis (TSX/NYSE: FTS) has announced its first quarter dividends for 2025, payable on March 1, 2025, to shareholders of record as of February 18, 2025. The dividend declaration includes payments for various series of First Preference Shares and Common Shares:
- First Preference Shares: Series F ($0.3063), Series G ($0.3826875), Series H ($0.11469), Series I ($0.313952), Series J ($0.2969), Series K ($0.3418125), and Series M ($0.3433125)
- Common Shares: $0.615
The company has designated both common share and preference share dividends as eligible for federal and provincial dividend tax credits. All amounts are in Canadian dollars.
Fortis Inc. (TSX/NYSE: FTS) reported strong Q3 2024 results with net earnings of $420 million ($0.85 per share), up from $394 million ($0.81 per share) in Q3 2023. The company announced a $26 billion capital plan for 2025-2029, projecting 6.5% average annual rate base growth. Capital expenditures for 2024 are expected to reach $5.2 billion, with $3.6 billion invested through September. The Board declared a 4.2% increase in Q4 dividend, marking 51 consecutive years of dividend increases. Growth was driven by rate base expansion across utilities and strong earnings in Arizona, partially offset by higher operating costs at Central Hudson and increased holding company finance costs.
