TSE:FTS
Fortis Inc. (FTS.TO)
Financials 
Technical Analysis 
Sep 2, 2026, 12:00 amThis summary was created by AI, based on 13 opinions in the last 12 months.
Fortis Inc. (FTS) is a well-regarded utility stock known for its consistent and reliable dividend payments, boasting a yield of around 3.3%. Analysts emphasize its steady historical dividend growth, albeit at a modest rate of 5-7% annually. Despite the challenges faced by the utility sector recently, Fortis is viewed as a safe, 'sleep-at-night' investment with good management and growth potential from its significant capital spending plan. There is some concern among experts about the stock's current valuation, with recommendations to consider entering at lower price points. Overall, Fortis is considered an appealing long-term hold for those seeking income stability amidst a volatile market landscape.
Has held for twenty years and is up many 100s of percent. Some criticisms about diversifying in the Caribbean. You can buy it here.
Michael Smedley
Probably very good. You are looking for a breakout above $34-$34.50. That would be the signal to not only buy a bit but get ready for a major breakout. Chart shows a flat top but rising on the bottom and any kind of a breakout would suggest it was going to have a major up leg. Use a stop loss at around $32.
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.
Randy LeClair(A Top Pick Sept 20/11. Up 5.95%.) At that time was looking for something extremely defensive. Secure 3.6% dividend.
Michael SprungOne 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.
Lyle Stein(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.
David Baskin(A Top Pick Aug 11/11. Up 9.92%.) It's hard to justify buying any utility at this time.
Barry Schwartz
Douglas Kee
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Nice and steady. Have been increasing dividends every year for a long time. Looking at their underlying businesses, it is clear they are not a fast growing business. Big growth comes from acquisitions, which is getting expensive. 3.6% dividend.