TSE:FTS

Fortis Inc. (FTS.TO)

77.99
-0.13 (0.17%)
as of Aug 12, 2026, 1:36:12 pm Market Open.
1461 watching
0
Investor Insights
star iconAug 11, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Fortis Inc. (FTS-T) is viewed as a favorable utility investment by several analysts, primarily for its stable dividend yield of around 3.2% and its solid growth prospects, which continue at a rate of 5-7%. While most reviewers emphasize its reliability and exceptional management, concerns regarding its valuation persist, with many experts suggesting that the current price of $72-73 is on the higher side considering its mid-single-digit growth potential. Some analysts recommend holding off on purchasing until the stock dips below $70, suggesting that although it's well-regarded, the entry point is crucial to maximizing returns. Despite recent performance, a couple of reviewers express a preference for alternative utility options, indicating that while Fortis is a strong long-term hold, it may not provide the capital growth some investors are seeking at this time.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
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Similar
EMA
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.
HOLD
If you own hold it but don’t buy it if you don’t have it. Limited growth. Only as a defense in your portfolio.
SELL
Have noticed that the shares have started to weaken. This may be because interest rates are creeping up and there is probably some further deterioration if higher rates come to pass.
BUY
The outlook is reasonably positive. This is a conglomerate of utilities, so don't look for significant growth, particularly in the Maritimes where it primarily is. Look for it to provide good dividends.
BUY
Has done pretty well this year. On a P/E basis its trading around 20 X's which is modestly as little higher than its peers. As long as the energy sector continues to do well here, it should continue to do pretty well.
BUY
An anomaly in that it is at growth utility company. Expects it to do more in the acquisition trail. Has an attractive yield. Historically, it has performed alongside the banks.
DON'T BUY
A little pricey right now. They made a good acquisition in Alberta and that is reflected in the stock price. They are vulnerable to a hike in interest rates.
HOLD
Still above its 200 day moving average.
DON'T BUY
Sold his position after holding it for about 6 years. The P/E ratio, based on next year's earnings, is well in excess of the TSX's. The yield, compared to a 5 year Canada, doesn't measure up.
DON'T BUY
Utilities, pipelines, etc. have done fabulously well and benefited from growth in the Price/Earnings ratio which has grown from a typical 12 to 18. Very little room for expansion in the P/E ratio. You'll have single digit growth and a reasonable dividend yield. Would consider paring back and moving into better areas.
BUY
All of the companies in the utility oriented space are doing tremendously well. People are looking for companies that pay them some yield. The combination of energy and yield makes this stock very attractive.
DON'T BUY
His model price is $55.66 which is a negative 40% differential. Way too overvalued.
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