TSE:FTS

Fortis Inc. (FTS.TO)

78.67
+0.86 (1.11%)
as of Jun 10, 2026, 4:32:00 pm Market Open.
1463 watching
0
Investor Insights
star iconJun 10, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Fortis Inc. (FTS-T) is recognized as one of the largest regulated gas and electric utilities in North America, with a solid reputation for reliability and long-term income generation. The company's Q4 earnings surpassed expectations by approximately 6%, with a notable year-on-year revenue increase of 11%. Fortis is embarking on an ambitious $26 billion capital plan through 2029, aiming for a compounding growth rate base of 6.5%. Its dividend yield of around 3.5% has consistently seen annual growth, making it a credible option for income-focused investors. However, some experts view it more as a bond proxy with limited growth potential, favoring alternative investments with better diversification or growth prospects.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
BIP.UN
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.
COMMENT
Utilities? He has owned a lot of AQN and FTS -- they have done well with interest rates going down. As long as government money is flowing, the lights will all stay on. He might wait to buy AQN in the $18 range.
TOP PICK
It's held up relatively well. They have a $19 billion plan to build in coming years. He expects 5-7% earnings growth through 2024. A safety utility play in this environment. (Analysts’ price target is $58.98)
PARTIAL BUY
200 day moving average? It has been a great performer and has benefited from lower interest rates. With interest rates looking to go lower, if you don't own it already this is a high quality utility to own. It is still a little expensive and he will be buying if it takes another flush lower.
PAST TOP PICK
(A Top Pick Mar 13/19, Up 24%) Great company, core holding. Continues to do well. Yield of 3% plus, growing at 5-6% a year. Hold forever. Valuations are high, so probably won't be acquiring anything soon.
COMMENT
A company that has done quite well over the years. It's a takeover strategy that has done some good acquisitions. Looking at actual returns, the purchases are looking expensive. He would go with the ETF for the yield rather than the stock. Yield 3%.
Showing 121 to 135 of 715 entries