TSE:FTS
Fortis Inc. (FTS.TO)
Financials 
Technical Analysis 
Aug 12, 2026, 12:00 amThis summary was created by AI, based on 11 opinions in the last 12 months.
Fortis Inc. (FTS-T) is primarily regarded as a solid income stock, appealing for its reliable dividend yield and potential for free cash flow growth through 2030. Experts highlight the company's long history of increasing dividends, with reviews indicating a robust capital spending plan that supports future growth. Despite being a core holding for many, opinions vary on its current valuation, with some suggesting it may be overpriced at 18x PE relative to its growth potential of 5-7%. Analysts acknowledge the company's strong position within the utility sector, especially in regions benefitting from data center developments, although some express caution around buying at current prices, recommending to wait for more favorable entry points. Overall, it is viewed as a low-risk investment suitable for long-term holders, providing stable returns in fluctuating market conditions.
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
Lyle Stein
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