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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EMA
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.
PAST TOP PICK
(A Top Pick Apr 16/09. Up 27.24%.)
COMMENT
Increased dividend for 37 years in a row. Big Cap X going on out west. Looking for 5-10% growth.
COMMENT
Diversified utility company. Have done a lot of expanding into other provinces in the last few years. Well run. Have been growing their dividend for 30 some years. Not cheap. Good one to own.
HOLD
(Market Call Minute.) Great utility going forward but could be under pressure from higher interest rates.
DON'T BUY
Has gone back to its old highs and has a yield of 4% and its multiple is fairly high. For good defensive stocks consider Pembina (PIF.UN-T), Inter Pipeline Fund (IPL.UN-T) and perhaps even Enbridge (ENB-T).
BUY
Likes the utilities. Has better management then TA-T but not as good a yield.
BUY
Capital gains potential is about 10% plus yield of about 4%. 200 day moving average is 4% lower. He likes the risk reward ratio.
TOP PICK
Long-term hold for his firm. Boring utility company. Great base. Pays an ever-increasing dividend year after year. Expansion opportunities.
PAST TOP PICK
(A Top Pick Feb 9/09. Up 13% excluding dividends.) The only company that has raised its dividends 37 years in a row. Blue chip good for long-term investors.
DON'T BUY
His model price is $23.87, a -16% differential. Although it has 4% yield, yield is not valuation. When you go for yield, you are paying huge amounts of valuation.
TOP PICK
Series H 4.25%. Diversified utility, so thinks it will do very well.
BUY
(Market call minute) Nice.
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