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
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.
TOP PICK
Core holding. Long term. Primarily gas and electric distribution. They have small business out east. Well diversified. Really good model and good culture. Their problem is they have to do some acquisitions in the States to grow.
BUY
Tends to be something that is not adversely affected by the very emotional downturns that we've had recently. The downturn of the stock might have been as a result of the banks talking about higher interest rates, which is now being downplayed.
BUY ON WEAKNESS
Utilities tend to do better in July. Tend to get hit with the market in the beginning and then people tend to get attracted later in July and in September. Below $25 would be a good time to look at this.
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