Here's Why You Should Add FTS Stock to Your Portfolio Right Now

Core Insights - Fortis Inc. (FTS) is benefiting from investments in major transmission projects and increasing energy demand from data centers, which enhances service reliability and supports an expanding customer base [1][8] Growth Projection & Surprise History - The Zacks Consensus Estimate for Fortis' 2026 earnings per share is $2.56, indicating a year-over-year growth of 3.23% [2] - The Zacks Consensus Estimate for 2026 revenues is $9.26 billion, suggesting a year-over-year improvement of 5.50% [2] - The company's long-term earnings growth rate is projected at 4.29%, with an average earnings surprise of 2.38% over the last four quarters [3] Stable Investments - Fortis plans to invest $28.8 billion from 2026 to 2030, focusing on strengthening transmission and distribution projects, supporting load growth, reliability, and future generation interconnections [4][8] Dividend History - Fortis has a dividend yield of 3.54%, higher than the industry average of 2.91%, and announced a first-quarter 2026 dividend of 64 cents per share, leading to an annualized dividend of $2.56 [5] - The company aims for long-term dividend growth of 4-6% by 2030 [5] Share Price Performance - Over the past three months, Fortis' stock has gained 2.3%, contrasting with a 4.1% decline in the industry [7]