
TSE:FTS
This summary was created by AI, based on 13 opinions in the last 12 months.
Fortis Inc. (FTS-T) has garnered a variety of opinions from experts, predominantly viewing it as a solid utility investment with a dependable dividend yield of around 3.3%. Despite its consistent history of dividend increases, projected growth remains modest at approximately 5% annually. Many analysts appreciate the company's stability and position in the utility sector, especially amidst the increasing demand due to data center expansions. However, there are concerns about its current valuation, with some suggesting waiting for a better entry point around the low $70s. Overall, Fortis is considered a reliable choice for investors seeking steady income and reduced volatility, though it may not deliver significant capital gains comparable to growth stocks.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. One of the best buy and forget income stocks. The dividend increase history is very impressive and it is in a regulated industry. The company is well managed. Unlock Premium - Try 5i Free
EMA-T vs. FTS-T. Both companies distribute electricity. He has more FTS-T than EMA-T. You are looking at the growth in the size of the pie as well as the configuration. Both get paid a regulated rate of return. FTS-T has a little more exposure than EMA-T. Both stocks have bounced off the bottom this year. You are going to get dividend growth come to both of these. They are both a very long term hold.