TSE:FTS

Fortis Inc. (FTS.TO)

82.00
-0.42 (0.51%)
as of Jul 20, 2026, 7:59:59 pm Market Open.
1459 watching
0
Investor Insights
star iconJul 20, 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 company with a dependable dividend yield, appealing primarily to income-focused investors. Analysts highlight its significant growth potential driven by a robust capital plan of $26 billion aimed at enhancing its rate base. The company is well-positioned in key regions, especially in the U.S., where data center constructions may provide further operational expansion and revenue opportunities. However, Fortis is viewed more as a bond proxy than a high-growth stock, exhibiting stability over excitement. While its consistent dividend growth and established market position make it an attractive long-term holding, several experts recommend waiting for a potential price pullback before initiating new positions.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
BIP.UN
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.
HOLD
There has been a correction in the entire space, mainly because of interest rates. Thinks they may have been oversold. Long-term trend line shows a long uptrend. Don't let it go below the long-term trend line.
BUY
Excellent company. Operations are strong and integration of the assets they acquired in western Canada have gone along smoother than expected. Stock dropped because the dividend yield is less attractive as interest rates rose. In the low $20's, it's a favorable risk, but don't look for a move to $30 any time soon.
BUY
A Newfoundland based utility company. Sometimes outperforms the banks. Nice dividend.
DON'T BUY
He has a model price of $19. A lot of the dividend paying stocks are well above his model prices.
HOLD
Decent company, but wouldn't be a buyer. This is a “no growth” area of the market.
BUY
The long-term outlook is great. Good yield.
WEAK BUY
Maritines utilitie. Long term it's done very well. Now the outlook is dividend plus 5 to 7 %. Thinks for growth you would be better in the piplines, altough this is a good safe place to be.
Showing 661 to 675 of 716 entries