TSE:FTS

Fortis Inc. (FTS.TO)

82.14
+0.88 (1.08%)
as of Jul 22, 2026, 8:00:00 pm Market Open.
1459 watching
0
Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 8 opinions in the last 12 months.

Fortis Inc. (FTS-T) is recognized as a solid utility investment, particularly appealing for income-focused investors due to its reliable dividend, which is projected to grow over the coming years. Analysts highlight the company's core utility operations, underscored by a substantial $26 billion capital plan aimed at increasing its rate base by 6.5% annually through 2029. While Fortis is not perceived as an exciting growth stock, its expected total returns in the range of 8-10% annually make it a durable option in the utility sector. The company is strategically positioned, with a significant portion of its earnings derived from U.S. regions poised for data center expansions. Analysts generally advise patience for potential pullback opportunities before initiating new buys, reflecting a cautious yet favorable outlook for long-term investors.

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Consensus
Hold
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Valuation
Fair Value
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BIP.UN
TOP PICK

Preferred Series J, 4.75%. This is a brand new issue and still hasn’t settled up yet so not trading. It is a perpetual so longer-term. You are out to 2021 before it can be called, which he likes.

PAST TOP PICK

(A Top Pick Sept 20/11. Up 5.95%.) At that time was looking for something extremely defensive. Secure 3.6% dividend.

BUY

One of these boring stocks as one you get paid while you are waiting. Consistent dividend growth. Over a long period of time it generates strong wealth for the shareholder. No capital gain in the last little while. A safe name, which market wants to own. Natural name for these types of companies over the next 10 years.

PAST TOP PICK

(A Top Pick Aug 24/11. Up 11.13%.) Utility companies have not gone up as much as telcos and some of the pipelines so are still a relatively better value play. Still a Buy.

PAST TOP PICK

(A Top Pick Aug 11/11. Up 9.92%.) It's hard to justify buying any utility at this time.

BUY
Common or Preferreds (C)? Preferreds probably have a little higher yield but he prefers the common shares. Have increased their dividend every year for 37 years. Great growth potential in BC and Alberta plus they have made a potential Hydro/gas distribution US acquisition.
PAST TOP PICK
(A Top Pick Sept 20/11. Up 2.87%.) Good utility.
PAST TOP PICK
(A Top Pick July 4/11. Up 3.69%.) This has just been going sideways.
BUY ON WEAKNESS
Much upside with their recent acquisition? Thinks they will be challenged. Probably paid a little too much. Regulatory concerns on whether the deal goes through. Trading at a very rich price. Likes it. Thinks the dividend is safe but try to Buy on a pullback.
BUY
Although it may not be going anywhere, it is paying you well you wait. The dividend tends to rise year after year and, more important, the stock is pretty stable. 4% dividend.
DON'T BUY
Challenged right now. Valuation is stretched right now. BCE is doing a cost review right now. Just did an acquisition in the states and probably paid too much and will take some time to be accretive. Dividend is save and payout ratio is ok,
BUY
Great defensive name. Regulated entity. Have recently been increasing dividends.
DON'T BUY
This is one of the weaker performers of the utilities last year. Trading at about 18X this year's earnings. Do you want to pay 18X earnings when it is going to have 3% earnings growth this year? You are paying up for the dividend and the thinks you can get better valuations elsewhere.
TOP PICK
This is a great company to hold for its yield. Put a dividend tax credit on this yield and you are looking at north of 5% bond equivalent. Has a history of growing its dividend. Good stable management and decent balance sheet.
PAST TOP PICK
(A Top Pick Nov 19/10. Up 6.29%.) Sold his holdings.
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