TSE:FTS

Fortis Inc. (FTS.TO)

82.40
+1.14 (1.40%)
as of Jul 22, 2026, 4:33:09 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
Growth utility, mostly electrical with some international assets. Good management. Earnings outlook is good. Good defensive play. 4.4% dividend and growing.
BUY
Solid with good dividends of 4.25%. Quite aggressive as one of the few utilities we have.
BUY
The right kind of name for this kind of market. Has attributes he is looking for. Predictability, solid yield of 3.6%, covers the dividend well, growth going forward and generates cash.
BUY
(Market Call Minute.) You have B.C., Newfoundland and the Caribbean. Very well run. Has growth.
BUY
Not exciting, but nice and steady. If you are looking for a blue chip with a high dividend and a history of raising dividends, this is not a bad one. Trading at a slightly suppressed price. 4% yield.
COMMENT
At this price, it represents decent value. More of a defensive play and as defensive plays become more in vogue, it will move back up. Well managed.
BUY
Money will be flowing out of BCE (BCE-T) and Transalta (TA-T) looking for a home in the regulated area. This is a natural. Under priced.
BUY
Has broken down to last year’s number. Bit of a problem in Belize but that shouldn’t be too disturbing. Good yield. Good long term asset.
BUY
Long term it trades like the banks, but outperforms them. A growth utility. Dividend yield is somewhat less than most utility stocks because it uses its money to grow. Geographically diversified. Long-term growth profile is great.
BUY
This is a way of producing income without too much volatility.
PAST TOP PICK
(A Top Pick Nov 19/07. Up 4%.) East coast utility that has become a national utility by buying the B.C. pipeline. Has been very stable. 3.5% yield. A Hold.
SELL
Nice yield at 3.6% but trades at a very high multiple in excess of the TSE price/earnings ratio.
PAST TOP PICK
(A Top Pick Mar 23/07. Up 7%.) There has been a pickup in the last few weeks because of a rush to quality and a rush to reliable dividends in the utilities. Has a fine history. Fairly aggressive expansion.
PAST TOP PICK
(A Top Pick March 23/07. Up 4% including dividends.) A good sensible blue chip.
BUY
(Market Call Minute.) Utility regulated and defensive. Runs on a shoestring.
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