TSE:FTS

Fortis Inc. (FTS.TO)

82.14
+0.88 (1.08%)
as of Jul 22, 2026, 8:00:00 pm Market Open.
1459 watching
0
Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 8 opinions in the last 12 months.

Fortis Inc. (FTS-T) is recognized as a solid utility investment, particularly appealing for income-focused investors due to its reliable dividend, which is projected to grow over the coming years. Analysts highlight the company's core utility operations, underscored by a substantial $26 billion capital plan aimed at increasing its rate base by 6.5% annually through 2029. While Fortis is not perceived as an exciting growth stock, its expected total returns in the range of 8-10% annually make it a durable option in the utility sector. The company is strategically positioned, with a significant portion of its earnings derived from U.S. regions poised for data center expansions. Analysts generally advise patience for potential pullback opportunities before initiating new buys, reflecting a cautious yet favorable outlook for long-term investors.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
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BIP.UN
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.
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.
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