TSE:FTS

Fortis Inc. (FTS.TO)

76.57
+0.37 (0.49%)
as of Sep 3, 2026, 8:00:00 pm Market Open.
1462 watching
0
Investor Insights
star iconSep 3, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Fortis Inc. (FTS-T) is regarded as a solid utility stock with a long history of dividend growth, typically growing at about 5% annually while offering a dividend yield around 3.2-3.3%. The company benefits from a stable cash flow driven by its significant capital expenditure plan and the growing demand for data centers, making it an appealing choice for investors seeking reliable income amidst market volatility. However, there is a shared concern among experts regarding the current valuation, with many suggesting that the stock is fairly valued or even slightly overvalued compared to its growth prospects. While some analysts highlight the steady nature of this investment, they caution that returns may not be as high as more growth-oriented stocks, emphasizing this as an anchor for portfolios rather than a high-growth opportunity. Analysts suggest buying on dips, particularly if the price falls below key support levels, indicating a preference for cautious entry points in light of recent market trends.

consensus icon
Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
TOP PICK
(A Top Pick Feb 9/09. Up 21.55%.) Recently raised its dividend for the 37th consecutive year.
BUY
Primarily into electrical distribution but with some generation. Well diversified across Canada and somewhat into the Caribbean. Good dividend record.
COMMENT
(Market Call Minute.) Nice dividend but not a lot of upside.
BUY
It’s expensive (17 times next year’s earnings), but so are other utilities. There has been a push toward high yielding (3%+) security.
PAST TOP PICK
(A Top Pick Apr 16/09. Up 24.56%.) Still a Hold.
TOP PICK
Canada’s Growth utility. Started in Newfoundland only and spread west and to 3 Caribbean countries. Raises capital and buys utilities. Dividend gone up in each of last 37 years. 3.9% dividend.
BUY
Just received a favourable decision from Alberta regulators, increasing their deemed equity and rate of return so a dividend increase is possible but may not be likely in the near term. Good company. Diversified base in Alberta.
BUY
(Market Call Minute.) Excellent value play. High income. Very stable company.
DON'T BUY
A little bit boring in this environment. Utilities will not do very well in a recovering economy and rising stock market.
BUY
Hydro-Quebec’s takeover of New Brunswick Power shouldn't have any effect on this stock. Growth of possibly 10% and yield of 4.11% for a total return of about 14%.
BUY
Canada’s growth utility. Always looking for something to buy that makes sense. Grows dividend every year.
BUY
Because utilities do not have the growth line, you have to ask about their yield structure. This one has increased dividends each year for the last 25-30 years.
BUY
He has a half position and would buy on any weakness but doesn't think it will be very much. If you're looking out 1 or 2 years this is not a bad entry point. 4.2% yield.
BUY
Utilities have not moved up in comparison to bank stocks. He prefers the utilities now. Likes it, but prefers EMA-T.
BUY
Likes it for a long-term hold, prefers to TA-T. Has a better track record, and more geographically diverse.
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