TSE:FTS

Fortis Inc. (FTS.TO)

78.42
+0.30 (0.38%)
as of Aug 12, 2026, 5:16:33 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.

consensus icon
Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
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.
BUY
Consensus returns on capital gains is about 13% and with a yield of about 4.2% gives a pretty good 17% one-year return on a conservative stock. Good forcastable earnings.
BUY
Regulated utility. In the last few years have done a great job of diversifying but into regulated businesses that they know very well. Stable, strong free cash flow. Good management.
TOP PICK
A utility that has power generation, big gas distribution operation in BC, power assets in the Caribbean and owns buildings. Has increased its dividend every year for 3 decades. 4.1% yield.
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