TSE:FTS

Fortis Inc. (FTS.TO)

77.41
+0.49 (0.64%)
as of Jun 9, 2026, 2:18:13 pm Market Open.
1463 watching
0
Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Fortis Inc. (FTS-T) is highly regarded as one of North America's largest regulated gas and electric utilities. The company reported impressive Q4 earnings that beat expectations by around 6%, with revenue growth of 11% year-over-year. While not considered a high-growth stock, it boasts a reliable dividend of approximately 2.3% to 3.81%, supported by a robust capital plan of $26 billion through 2029 aimed at achieving a compounding rate base growth of 6.5%. Analysts appreciate its solid fundamentals, which include a well-defined cash flow and significant earnings visibility, especially in the U.S. regions undergoing infrastructure growth. However, there are calls for potential investors to wait for a price pullback before entering the stock, as current valuations reflect a near 52-week high. Overall, Fortis is deemed a strong long-term hold for investors focusing on income stability rather than aggressive growth.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
AQN
BUY
A utility holding company and is a growth company in the utilities sector. Because they have holdings in large diverse geographical area, it's a great utility to be in. Decent yield.
BUY ON WEAKNESS
Very diversified company now. Reported earnings and they look pretty good. Wouldn't be an agressive buyer above $75. Mid $60's it's a real good play.
BUY
Q: Coming into an inheritance. What is a buy for a long term hold that pays dividends? A: Good long term hold. 2/3 of gains over time are made from dividends.
BUY
Utility stocks seems to be the safest area to preserve capital and still make a decent profit. May be a counter balance to the strong resource stocks.
HOLD
Doesn't feel that an increase in interest rates will create any problems.
BUY ON WEAKNESS
One of the better managements in electrical utility business. Yield is quite nice but if interest rates go up. It could be affected. Would prefer it $4/5 lower.
BUY
Holding it for long term income. One of the cheapest Canadian utilities.
DON'T BUY
Utilities tend to move up very sharply when interest rates are low and yield is high. Hard to see much further upside.
BUY
A real success story. A regulated utility, so nothing fancy. Where they see significant upside potential is to get their costs in Alberta and B.C. down to $250 a year per customer, as they have in Newfoundland.
TOP PICK
Pays 3.66%. Very good management. Have been aggressive in expanding the asset base. Good job of acquiring assets. A good conservative holding.
DON'T BUY
Had a pullback because of the acquisition of some generating properties. At the same time, they announced an issue to pay for it. This would mean 23 million shares outstanding. Too much dilution. Fully valued.
BUY
Good price. P/E of 11 or 12. Expanding with some acquisitions.
HOLD
As long as interest rates stay low, it should perform well. Expensive.
PAST TOP PICK
(Was a top pick on July 30/02. Up 9%.) Still likes. Yield is about 5%.
BUY
A little pricey. Well managed.
Showing 691 to 705 of 715 entries