TSE:FTS

Fortis Inc. (FTS.TO)

75.95
-0.44 (0.58%)
as of Sep 2, 2026, 3:52:12 pm Market Open.
1462 watching
0
Investor Insights
star iconSep 2, 2026, 12:00 am

This 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.

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Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
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.
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.
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