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
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Valuation
Fair Value
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Similar
EMA
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.
HOLD
Getting a little bit expensive and wouldn't buy it for new clients right now. Made a good acquistion in western Canada. Diversified across industries. As long as interest rates stay low, it's an attractive holding, but don't count on big capital gains from here.
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.
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