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.

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Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
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.
BUY ON WEAKNESS
Company has a long history of growth. Technically it has formed a nice base followed by a nice run and broke out through its trading range. Short-term indicators are probably showing overbought at this time. Preferred strategy is to wait for weakness, perhaps $22.
BUY
First quarter missed by a little and probably was from some Caribbean operations. Overall a fairly solid company. You can pretty much depend on the dividend, which is over 4%.
BUY
Good for a long-term hold. Well managed. Thinks it has raised its dividend 33 years in a row.
BUY
Utility bonds would be safer in an economic storm. These could include Enbridge (ENB-T), Trans Canada (TRP-T) and Fortis (FTS-T) Fortis is probably the weaker of the 3 with a slightly lower credit rating. Very solid names.
BUY
Probably will buy this. Hold for 3-4 years. Will be growth in dividends.
TOP PICK
4.6% yield, regular increases. Very successful acquirer without many issues.
TOP PICK
Predictable earnings and growth over time. Yield 4.6%. They see double-digit returns. Risk would be if interest rates got into double digits. It’s a low risk investment.
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