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 viewed positively by various analysts as a solid utility stock with a reliable dividend, highlighted by its historical dividend growth of 3.3% every year for over 52 years. The company is regarded as a stable investment, often referred to as a 'sleep at night stock,' appealing to investors seeking income rather than aggressive growth. Analysts express concerns about valuation, suggesting caution in entry points, with some recommending waiting for a pullback to the low $70s before buying. The utility sector, including Fortis, has faced challenges, particularly in recent weeks, but there’s optimism about the company’s long-term growth potential from data center developments and capital spending plans expected to enhance its financials through 2030.

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Consensus
Hold
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Valuation
Fair Value
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AQN
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.
DON'T BUY
Good regular dividends. Prefers other sectors than utilities.
PAST TOP PICK
(Was a top pick on Feb 8. Down 66%.) Still likes. Good dividend at 6%.
TOP PICK
Good time to average down. 8 X earnings. Yield 5.8%.
DON'T BUY
Money moved in for the dividends. If interest rates go up, investors will start to leave.
DON'T BUY
Has had a good run. High dividend. If interest rates go up, it will be under pressure.
BUY
Great long term hold. Deregulation won't be a problem.
WEAK BUY
Well positioned. As a utility, it will be a slowgrower. Secure dividend.
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