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
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Similar
EMA
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.
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.
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