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.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
EMA
TOP PICK
Owns it as an income stock. Especially attractive in this low interest rate environment. 99% of its assets are regulated, so not impacted by economic cycle. Visible cashflow stream. Attractive yield, and proven track record of increasing yield. Yield is 3.71%. (Analysts’ price target is $57.93)
BUY

FTS vs. H Likes Hydro One, with an OK growth rate, but it's expensive. AQN and FTS are trading at better levels than Hydro One with nice growth rates and dividend growth. Pretty safe area, but a mistake to buy at the top of the range.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company recently announced a commitment to moving into renewable energy. Greener companies get higher valuations and so lower cost of capital. Unlock Premium - Try 5i Free

STRONG BUY
FTS boasts 45 years of straight dividend rises. A core position of his. FTS will benefit from the reshaping of the U.S. energy grid which is moving towards renewables. FTS will have to rework their big transmission company from coal-fire generation plants to renewable ones in other areas. Great managers and fine future prospects. This will make new highs for decades to come.
BUY

Fortis vs. Altagas ALA is riskier, but it's starting to come into the cycle so, it's doing a lot better. Fortis is a steady-eddy withe nice free cash flow growth and trading at an okay 17.4x valuation, in line with AQN. They hold a lot of renewables, so it will do fine if Biden is U.S. president. It has US exposure. he likes them. He prefers Fortis. Some money has flowed out of here, so it's not trading at the top. With interest rates being a lot lower than before, all these names can trend up 10% in the future.

HOLD

FTS vs. EMA Emera reported pretty good numbers. Both have foreign exposure. Both have growth to them and over 4% yield. Operating risk, but not political risk per se. Both are fine holds.

TOP PICK
A high-quality and the most defensive Canadian utility. 99% of revenues are regulated. They made an acquisition a few years ago to gain U.S. exposure, so there's growth opportunity there. Pays a safe 3.5% dividend that the company will grow 6.5% annually till 2024. Their capital program ensures 6.5% growth ahead. (Analysts’ price target is $58.18)
TOP PICK
Boring is good. Time to be cautious. The market's gone up a lot, and the valuations aren't justified. A very stable company, 65% of revenue comes from regulation, solid balance sheet, and plan to raise the dividend. Yield is 3.54%. (Analysts’ price target is $58.18)
PAST TOP PICK
(A Top Pick Jul 30/19, Up 7%) It's a steady eddy that's increased its dividend about 49 years in a row. It's in an unloved sector, but he still owns this. He's sticking with it.
BUY

Allan Tong’s Discover Picks For income investors and for defense, this utility (which serves Canada, the U.S. as well as the Caribbean) offers a certain 3.63% dividend yield and trades at a PE of just over 14x. I say certain, because Fortis has no exposure to commodity prices and has raised its divvy for 46 straight years. Read Top 4 BNN Stock Picks to Buy this Summer for our full analysis.

BUY ON WEAKNESS
Safe dividend? He thinks it will likely fall back towards book value -- just under $43. He prefers holding US assets. He thinks the dividend is safe.
TOP PICK
He wants to be defensive right now. A multi-utility operating in Canada and the US. 99% of their assets are protected, so this protects them from volume declines and they have no exposure to commodity prices. They have increased the dividend for 46 years consecutively. Yield 3.66% (Analysts’ price target is $57.71)
BUY
He is not bullish on the utilities because they are expensive and are defensive. But he holds this one as it stands out amongst the others.
BUY
Buy more? They own this one and have for a number of years. They have continued to buy around $52-$53. She thinks the dividend is safe and will continue to grow. Yield 3.5%
BUY
Their investments in Muskrat Falls He likes this because a portion of their business is regulated--that's a predictable cash flow they can then reinvest, like all utilities. They pay a growing dividend, excellent for income investors. Doesn't know about the Falls, though.
Showing 121 to 135 of 720 entries