TSE:FTS

Fortis Inc. (FTS.TO)

78.15
+0.03 (0.04%)
as of Aug 12, 2026, 1:42:07 pm Market Open.
1461 watching
0
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
BUY
Still a solid long-term hold? One of those stocks in his portfolio he doesn't look at too often. 48 straight years of dividend increases. Pretty good line of sight to mid-single dividend growth out to 5, 10, 15, 20 years. As long as dividend keeps up with inflation, stock should also keep up. Cross-currents with rising rates, but long bonds are dropping and that's where utilities are focused. Extremely high quality, and you have to pay for it. Buying for new clients.
PAST TOP PICK
(A Top Pick Oct 14/20, Up 7%) Income stock, so not expecting double digit gains. Buy it for the yield of around 4%. Growing yield of 6% annually. Greening their fleet. Highly defensive.
BUY
Great assets. Good solid company, so he'd have no problems with it at all. He prefers something like ENB.
BUY

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

PAST TOP PICK
(A Top Pick Aug 11/20, Up 11%) Defensive. Visible cashflow. Income story, not a growth story. Yield is 3.5%, not the absolute highest but still attractive. Company anticipates growing dividend at 6% through 2025. Green economy will benefit them.
PAST TOP PICK
(A Top Pick Jul 03/20, Up 12%) Favourite if you want steady income, no surprises. Has lagged the broader market and riskier utilities. He likes it for the purposes it serves: sustainable dividend yield, continued growth of rate base at 5-7 per year, 48 years of consecutive dividend growth. Excellent candidate for RRSPs and for dividend income.
BUY ON WEAKNESS
Be cautious putting money into utilities right now, unless you need the income. With the call on cyclicals, you might get some better opportunities to add to those names. As rates move higher, typically those stocks sell off. In Canada, FTS is world class, 5% earnings and dividend growth, predictable 10% return.
BUY

A boring company. It raises dividends every year with a yield at 3.25%. Doesn't go up that much. Could get a return of 6-7% which is tax preferred, it could be a good fixed income substitute. Fortis and Emera are good for steady earners. Yield will keep going up.

WAIT
One of the best diversified conglomerate utilities on the TSX. Has owned in the past, and sees owning again when his portfolio gets more defensive, but probably not this year. Predictable business model. Excellent consistency of earnings, good dividend growth. Right now, better opportunities with the strong economy.
BUY

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.

HOLD
Not a lot of growth potential, though it expects to grow its dividend over the next 5 years by 6%. Won't be a huge outperformer. Utilities are seasonal right now, and tend to perform well here. Very defensive, so if markets tank, FTS won't participate as much on the downside. A pretty good buy here. Yield is about 3.6%.
PAST TOP PICK
(A Top Pick Jul 03/20, Up 8%) Low-beta, low-volatility with stable earnings diversified across North America. Boasts long dividend growth of 47 years. FTS won't give you huge spikes up nor deep plunges. It's a steady income earner.
PAST TOP PICK
(A Top Pick Mar 13/20, Up 5%) She's been buying more during this pullback. They plan on growing their 4% dividend 6% annually through 2025. FTS boasts a defensive cash-flow stream. It's a solid utility, paying a steady stream of increasing dividends. She's long held this as a key holding. It was a great stock to hold during the March 2020 panic sell.
PAST TOP PICK
(A Top Pick Mar 17/20, Up 6%) The changes within the energy space will benefit Fortis, which has made good steps in ESG to attract ESG investors. This is a long-term hold and pays a fine dividend. He advocates holding utilities for their safe revenues and dividends as we enter this reopening. It will take longer than many expect for world economies to return to previous levels, so utilities are positive in this light.
BUY ON WEAKNESS
It is good, not great. Good companies can have a place in your portfolio. They don't have the return metrics he is looking for. Much of their activities are regulated and he likes that. They are a steady payer of dividends.
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