
TSE:FTS
This summary was created by AI, based on 8 opinions in the last 12 months.
Fortis Inc. (FTS-T) is recognized as a solid utility company with a dependable dividend yield, appealing primarily to income-focused investors. Analysts highlight its significant growth potential driven by a robust capital plan of $26 billion aimed at enhancing its rate base. The company is well-positioned in key regions, especially in the U.S., where data center constructions may provide further operational expansion and revenue opportunities. However, Fortis is viewed more as a bond proxy than a high-growth stock, exhibiting stability over excitement. While its consistent dividend growth and established market position make it an attractive long-term holding, several experts recommend waiting for a potential price pullback before initiating new positions.
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.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Income stocks in general have been hurt in reaction to bond yields creeping up. This is normal in an economic recovery. Dividend stocks tend to be hurt for a while until investors realize economic growth is positive. Dependant on rates. Unlock Premium - Try 5i Free
In an unloved sector, but this offers a fine dividend yield with upside. Emera, too. If the TSX moves upward, then FTS will underperform, but if we move sideways, this stock will do relatively well in comparison. Also, very cold weather like now helps these utilities. A boring, but core name. All told, this should return you 8-10%.