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
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.

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Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
PAST TOP PICK
(A Top Pick Aug 05/20, Down 5%) It has been growing its dividend for 47 years and should grow by 6% into 2024. You should be in this company if you want to be in the utility sector. If we see interest rates pull back then he would expect this one to do quite well. He would expect rates to pull back in May.
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

BUY
Continues to buy for new clients. Very attractively priced here. Defensive with regulated cashflow. Increasing their dividends 6% annually through 2025. Bond yields are still very low so she is not concerned. The market has focused on cyclical recovery plays and neglected defensive stocks. A good time to buy when it is out of favour for steady dividends.
BUY

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%.

BUY

For a retirement portfolio. Something like a Fortis gives you a stable yield for a retirement portfolio. Could also do a barbell approach, with some PPL and some Fortis, or another high-quality Canadian utility, to limit the volatility.

TOP PICK
It is a boring utility, regulated. Dividend just under four percent. They have defensible cash flow streams. She likes the dividend growth. The payout ratio is very reasonable at 65% of cash flow. (Analysts’ price target is $57.93)
STRONG BUY
Trading weakly, but he can't explain why. Good reason to buy. One of the best managed companies in the world. Lots of positives ahead. Diversified. Democratic sweep in Congress could mean higher corporate taxes, which is actually good for utilities. Will participate in the renewable transition. Long secular trend for the company.
PAST TOP PICK
(A Top Pick Dec 12/19, Up 4%) She would buy it with new money. It is a consistent dividend grower. They have a nice presence in the US.
PAST TOP PICK
(A Top Pick Dec 03/19, Up 3%) A diversified company in terms of types of utilities and energy transportation. They are also in several markets and regulatory environments. Going back to more regular economic activity, companies like this that are stable will represent good opportunities with good yields.
SELL
Sold it on valuation concerns, and seems to have stagnating earnings, though they continue to boost the dividend. Not timely now. Best of breed on the TSX. It's in the low beta, high yield, defensive category that could be a source of funds for better opportunities.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has recently announced its intentions to move towards more renewables over time. A company that has solid history and 5i would bet that this transition is a success. Unlock Premium - Try 5i Free

HOLD

FTS vs. EMA Utility stocks are safe to own in times of fear. Fortis is one of the best managed utilities in Canada, with Emera right behind it. He wouldn't sell if you're holding for income. They'll gradually get back some of the money lost as time goes on.

PAST TOP PICK
(A Top Pick Nov 12/19, Up 9%) Very stable, defensive income stock. Plan to increase dividend annually by 5% until 2025, and they have the capital to do so. Visible dividend growth, with a 47-year track record. Yield around 3.8%.
TOP PICK
Future is taking power from renewables and nat gas, instead of electricity, and distributing it. When you have a monopoly, you get paid for that retrofitting. Dividend has grown every year for nearly 50 years. Yield is 3.80%. (Analysts’ price target is $58.33)
STRONG BUY
Pounding the table on utilities, which will benefit big time from low interest rates. Earnings and dividend growth potential is high compared to telecoms, banks, and insurance companies. Highly recommends adding it to your portfolio.
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