TOP PICK
Fortis Inc.

Core income stock. Time to build a position. Reaffirmed annual dividend growth of 4-6% until 2028. Investment-grade balance sheet. More than 50% of revenues are from US. Reasonable payout ratio. Yield is 4.3%, and grows every year.

(Analysts’ price target is $57.95)
electrical utilities
PAST TOP PICK
Fortis Inc.
(A Top Pick Oct 05/22, Up 7%)

Regulated utilities have held up better than the renewables. Predictable, stable earnings growth and dividend growth. Doesn't often misstep on capital allocation. Consistently comes in line on earnings and on growth.

electrical utilities
TOP PICK
Fortis Inc.

Boring utility company that is out of favor.
Interest rate sensitive which has weighed on share price.
Good time to purchase shares. 
4.25% yield very sustainable.
Expecting growth in dividend & share price.
99% of assets are regulated - good for steady revenues.
Decarbonization will increase demand for electricity.


electrical utilities
BUY
Fortis Inc.

The sector is fairly interest-rate sensitive, so it's sold off. One of his preferences in the sector, and it all has to do with a good growth outlook. 

electrical utilities
WEAK BUY
Fortis Inc.

A choppy stock. Utilities react negatively to rising interest rates. These stocks act sort of like bonds. FTS has held in the $50s and could move in the next while. You could own this for the dividend. It won't make you a fortune, but will hold its own.

electrical utilities
TOP PICK
Fortis Inc.

Very defensive with 99% of their revenues from regulated business, half from the U.S. An income stock she has owned many years. Good to buy on this current pullback. Should appreciate 8% + pays 4% dividend that they have raised for 49 straight years. They don't need equity funding to fund future growth.

(Analysts’ price target is $59.63)
electrical utilities
Unspecified
Fortis Inc.

There is a lot to like. Q1 was good and it raised estimates. It has good visible growth but is expensive at 18X earnings. There are others which are more exciting on a price to growth basis. Utilities in general or energy infrastructure companies in Canada are pretty good. Two sweet spots are Alta Gas and Keyera.

electrical utilities
BUY
Fortis Inc.
Allan Tong’s Discover Picks

FTS trades at 21.44x, currently higher than its five-year average of 19.28x, but lower than 24.5x a year ago. The beta is a super-low 0.16, and it pays a 3.80% dividend yield based on a 78% payout ratio. FTS has met or beat three of its last four quarters, and next reports on May 3. Definitely watch that report. Read Canadian dividend payers for our full analysis.

electrical utilities
PAST TOP PICK
Fortis Inc.
(A Top Pick Mar 15/22, Down 2%)

A core holding. Have raised their income the last 49 years. 99% of cash flow is regulated. Yields 3.9%. Continues to like it. Shares are down because of rising rates. In a slowing economy, you need defensive dividend stocks.

electrical utilities
BUY ON WEAKNESS
Fortis Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

FTS has raised its dividend every year of the past 50+.
It does have a lot of debt, but it is in a regulated industry, with consistent and stable cash flow, regardless of economic conditions.
We cannot guarantee future increases, but we can say  it is a dividend we would have little concern on.  
Unlock Premium - Try 5i Free

electrical utilities
TOP PICK
Fortis Inc.
Defensive investment idea with ~4% dividend yield. Grown dividend 49 years in a row. $22 billion capital expansion plan approved. Largest utility in Canada.
electrical utilities
DON'T BUY
Fortis Inc.
Less regulatory risk than EMA. Still a negative total return over the last 12 months. Yield is 4.2%.
electrical utilities
BUY
Fortis Inc.
Current share price a great place to invest. Higher interest rates will be tough on company, but business is a good long term investment. 49 straight years of dividend growth. Share price expected to grow in the long term.
electrical utilities
TOP PICK
Fortis Inc.
Diversified infrastructure, primarily in gas and electric distribution. 5-year capital plan anticipates addition to rate base of 6%, so we can see pretty consistent dividend increases between 4-6%. Already a consistent dividend grower. Earnings in USD give a hedge against the CAD. Yield is 4.28%. (Analysts’ price target is $56.83)
electrical utilities
BUY
Fortis Inc.
Doesn't own stock, but sees current share price as good entry point. Electric/gas utility - interest rates very sensitive to business model. Very consistent business model (~4% dividend yield). Good for defensive investors.
electrical utilities
Showing 1 to 15 of 665 entries

Fortis Inc.(FTS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 15

Stockchase rating for Fortis Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Fortis Inc.(FTS-T) Frequently Asked Questions

What is Fortis Inc. stock symbol?

Fortis Inc. is a Canadian stock, trading under the symbol FTS-T on the Toronto Stock Exchange (FTS-CT). It is usually referred to as TSX:FTS or FTS-T

Is Fortis Inc. a buy or a sell?

In the last year, 15 stock analysts published opinions about FTS-T. 13 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Fortis Inc..

Is Fortis Inc. a good investment or a top pick?

Fortis Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Fortis Inc..

Why is Fortis Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Fortis Inc. worth watching?

15 stock analysts on Stockchase covered Fortis Inc. In the last year. It is a trending stock that is worth watching.

What is Fortis Inc. stock price?

On 2023-09-21, Fortis Inc. (FTS-T) stock closed at a price of $54.36.