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
TOP PICK
Likes regulated utilities, as they will be allowed to increase revenues in order to match growth with economies. Diversified businesses. About 3.4% yield.
WEAK BUY
Bonds: Very solid utility. Power generation assets are highly regulated. Contracts in place for a very long length of time. A little bit rich as present because the extra spread over a government bond is not as good as he used to get.
SELL
We are trading in a band and are at the top of the band. As a trader you might want to take profits here because it might come down to the bottom of the band. Long term, we know the fed will keep rates where they are. Yield is 7%, which is big for a stable, low growth company. It will go higher in fits and starts.
PARTIAL SELL
Utility. Good dividend grower but stock is getting expensive and valuation is a little high. If you own, consider trimming. Consider buying when it is down 5% or so.
WAIT
A first rate company. His worry is the P/E ratio. This one could get hurt if interest rates start to rise. If he were buying, he would wait until it was 10% lower.
WAIT
(Market Call Minute) a little toppy, wait for a pull back.
PARTIAL BUY
Solid good utility. Has run up like anything that is paying a dividend. Have been increasing dividends with their earnings profile. Fully valued at current price. Would suggest a partial position at this time.
BUY
Electrical and gas distribution in Alberta and BC. Very strong management team. Building their rate base at $1.5 billion a year. Can see earnings growth at 6%-8% and they’ll increase dividends 6%-8%..
TOP PICK
Is buying for new accounts. Low risk,/ low return (14%). They are good operators and have capital projects in line that will grow cash flow by 5% a year.
TOP PICK
Preferred series G, 5.25%. Very stable business. On the cusp of being “investment grade”, “non-investment grade”. More of a modest risk security. Has fixed coupons for the next 3 years at 5.25%. Looks cheap right now.
BUY
Used to be a electric distributor but is now more of a gas distributor and is a growth utility. Looking to expand into the US. Well managed.
TOP PICK
Big, boring utility. Natural gas and electricity distributing company. Expect their rate base to grow by about 6% annually for the next 5 years. Yield of almost 4% with a record of increased dividends.
BUY
One of his core holdings. Yield is not that exciting but they have a growth profile. Just holds on to it. Pretty good about increasing the dividend.
BUY
Big utility. A little expensive for him right now. Expected to earn around $1.60-$1.65 in 2011 but on a price to cash flow basis, the dividend is extremely well covered. If you like the yield, it is not a bad place to be.
BUY
Yes it is a good entry point. Large part of business is regulated. Likes it for yield and stead growth of earnings per share.
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