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
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.
DON'T BUY
Thinks it's really expensive and sold all their holdings last week. Dividend used to be very attractive, but because the stock has done so well, the yield has gone down. There was a lot of skepticism about its acquisition in western Canada, but has proven to be a good one. Upside pressure on interest rates could weaken the stock.
BUY
A dividend paying stock. An excellent stock. Has been very much in an uptrend. Has hit a new all time high which is a positive.
BUY
Have done really well in broadening out. Showing some growth. Has a decent dividend.
BUY
Operations are widely diversified across Canada and in the Caribbean. Deploys its excess cash very well. Grows its dividend. Buys well.
Showing 676 to 690 of 716 entries