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.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
EMA
BUY
This is Canada's growth utility company. Acquiring a natural gas distribution business, which is a great acquisition. They will be doing a major stock issue, which has decreased the stock price. Good opportunity to buy.
DON'T BUY
Power generation. A fairly stable, boring business. Increases dividends regularly. Trading at about 20 X forward earnings, which is quite high. Had a good last quarter and surpassed estimates. There are others that provide more exciting growth potential.
PAST TOP PICK
(A Top Pick Oct 31/06. Up 5.7%.) Just reported very good earnings. Recently did a share issue that depressed the stock, but it is now coming back. Canada's growth utility.
DON'T BUY
Good history for dividend growth. Unfortunately, it is too rich at 19 X earnings. They have moved into areas that have operating risks and are not associated with their pure utilities.
PAST TOP PICK
(A Top Pick Oct 31/06. Up 6%.) A growth utility both in and outside of Canada. Still likes.
BUY
A utility, but unlike other Canadian utilities it is a growth utility. Have expanded to the west and into the Caribbean and are looking to the Pacific region. Long-term performance is equal to or better than the banks. Had a good run, but would buy for the long run.
BUY
Canada’s growth utility. Dividend yield and payout ratio are much lower than other utility stocks. Raises the dividend regularly every year, sometimes twice a year. Grow by acquiring undervalued utilities. Good management, balance sheet and growth.
TOP PICK
A utility, but a growth utility. Has a lower than average dividend and yield but has earnings that grow much faster than other utility companies. Great management. Geographically diversified in Eastern and Western Canada as well as Central America and the Caribbean. Stock has done better than the banks.
TOP PICK
Relatively low payout ratio. Top-flight management.
BUY ON WEAKNESS
Have increased their dividend. Has gotten to a size where you're looking at 8/10% growth plus 4% in dividends. With low volatility, this is not a bad thing. Entry point is a little high now. Would prefer $21/22.
TOP PICK
A growth defensive stock. A utility based in Newfoundland with operations across Canada and into the Caribbean and Central America. Dividend yield is low at 2.5% but it grows quite regularly because the company is growing.
DON'T BUY
A model price of $22.58, a negative 8% differential.
PAST TOP PICK
(A Top Pick May 30/06. Up 2.6%.) A growth utility, both in Canada, Caribbean and Central America. Has the best management of utility stocks and the best growth prospects.
BUY
Utilities are going to be a very good place to be parked. Doesn't think there is going to be much interest rate risk any more.
TOP PICK
A growth utility. Has expanded from Newfoundland two other provinces and countries. Great management. Dividend goes up regularly.
Showing 661 to 675 of 723 entries