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
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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
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Valuation
Fair Value
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Similar
EMA
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.
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.
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