TSE:FTS

Fortis Inc. (FTS.TO)

78.38
+0.26 (0.33%)
as of Aug 12, 2026, 5:07:01 pm Market Open.
1461 watching
0
Investor Insights
star iconAug 12, 2026, 12:00 am

This 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.

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Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
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.
PAST TOP PICK
(Top Pick Nov 19/10, Up 10.12%) A year is a long time in these markets. If we get above the $33.80 range then it may continue up.
HOLD
This time of year he favours the cyclical stocks more. Broke its downtrend. The high is probably not a bad place to exit unless it continues to run.
PAST TOP PICK
(A Top Pick Feb 12/10. Up 24.52%.)
TOP PICK
Have a fairly good rate base and seemed to be expanding it more than 5% per year. There will be dividend increases going forward. Have good operations. Good price.
BUY
Fortis (FTS-T) versus Emera (EMA-T) Fortis has a better valuation going forward. Emera has to have 40% of its power output from renewables (?) going forward and he is not sure this is going to be positive for them. Should see dividend increases each year and with the prospect of deflation this is one you should own.
SELL
Getting nervous about it. Almost got to price book value. It’s still not particularly cheap. Nothing wrong with the company. He sold all his position.
TOP PICK
Primarily electric distribution in Newfoundland, BC and Alberta. Increased dividend 31 years in a row. Well managed. Great assets.
COMMENT
Canada's growth utility. Near-term it is fully priced. Dividend of about 4% is safe.
TOP PICK
Biggest public Canadian utility - 38 years in a row of dividend rises. Economically non-sensitive stock.
TOP PICK
Raised their dividends 38 years in a row. Earnings won't be great but will grow at 5%-8%. Have a big balance sheet and are on the hunt for an acquisition, which will be positive for their earnings.
PAST TOP PICK
(Top Pick Feb 12/10, Up 23.03%)
PAST TOP PICK
(A Top Pick July 26/10. Up 12.44%.) Sold this when it had reached her target level. 3.1% yield.
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