TSE:FTS

Fortis Inc. (FTS.TO)

78.82
+1.01 (1.30%)
as of Jun 10, 2026, 7:32:18 pm Market Open.
1462 watching
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Investor Insights
star iconJun 10, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Fortis Inc. (FTS-T) is recognized as one of the largest regulated gas and electric utilities in North America, with a solid reputation for reliability and long-term income generation. The company's Q4 earnings surpassed expectations by approximately 6%, with a notable year-on-year revenue increase of 11%. Fortis is embarking on an ambitious $26 billion capital plan through 2029, aiming for a compounding growth rate base of 6.5%. Its dividend yield of around 3.5% has consistently seen annual growth, making it a credible option for income-focused investors. However, some experts view it more as a bond proxy with limited growth potential, favoring alternative investments with better diversification or growth prospects.

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Consensus
Hold
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Valuation
Fair Value
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Similar
BIP.UN
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.
PAST TOP PICK
(A Top Pick Apr 16/09. Down 2.29%.)
BUY
Canada's growth utility and is growing across Canada and internationally.
BUY
If you are looking for utilities, you are looking for a defensive position and a dividend yield so this one would be a decent purchase. Good management. Reasonable value. Doesn't see a lot of upside on prices.
COMMENT
(Market Call Minute.) An excellent long-term utility that you can hold here.
COMMENT
Recently announced an acquisition of Great Lakes power. One of the uncertainties is that the Ontario Energy Board has put off their cost of capital decision, which regulates what they can charge. Until that is decided earnings can't be calculated. Defensive.
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