Fortis Inc.

FTS-T

TSE:FTS

52.41
0.78 (1.51%)
Fortis Inc. is a St. John's, Newfoundland and Labrador based international diversified electric utility holding company. It operates in Canada, the United States, Central America, and the Caribbean. In 2015, it earned $6.7 billion CAD.
More at Wikipedia

Analysis and Opinions about FTS-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
July 3, 2020
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)
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
July 3, 2020
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
BUY
June 4, 2020
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.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
June 4, 2020
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
May 13, 2020
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%
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
May 13, 2020
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
BUY
May 5, 2020
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.
Show full opinionHide full opinion
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
COMMENT
April 15, 2020
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.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
April 15, 2020
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
TOP PICK
March 17, 2020
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)
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
March 17, 2020
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
PARTIAL BUY
February 28, 2020
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.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
February 28, 2020
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
PAST TOP PICK
February 20, 2020
(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.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
February 20, 2020
(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
COMMENT
January 31, 2020
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%.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
January 31, 2020
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%.
PARTIAL SELL
PARTIAL SELL
January 28, 2020

All infrastructure stocks have long-life assets. FTS has grown its dividend. Emera is slightly cheaper, but you don't need to switch over. One of his top picks will outperform Fortis. Expect just a little growth from Fortis this year. Take some profits at current all-time highs.

Show full opinionHide full opinion
Fortis Inc. (FTS-T)
January 28, 2020

All infrastructure stocks have long-life assets. FTS has grown its dividend. Emera is slightly cheaper, but you don't need to switch over. One of his top picks will outperform Fortis. Expect just a little growth from Fortis this year. Take some profits at current all-time highs.

DON'T BUY
DON'T BUY
January 7, 2020
It's probably topped out by getting up to its fair market value so there's not much place to go. He is using the opportunity to switch into things that are more promising.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
January 7, 2020
It's probably topped out by getting up to its fair market value so there's not much place to go. He is using the opportunity to switch into things that are more promising.
BUY
BUY
January 6, 2020

How Many Stocks does he Recommend Holding in the Utility Sector. Stocks in isolation miss the point. It depends on what utilities you are buying. He has almost a 20% weighting in utilities. He has FTS-T with huge diversification, yet has NPI-T which is a power producer around the world as well as domestic, although mostly off-shore wind. He owns 4 or 5 stocks.

Show full opinionHide full opinion
Fortis Inc. (FTS-T)
January 6, 2020

How Many Stocks does he Recommend Holding in the Utility Sector. Stocks in isolation miss the point. It depends on what utilities you are buying. He has almost a 20% weighting in utilities. He has FTS-T with huge diversification, yet has NPI-T which is a power producer around the world as well as domestic, although mostly off-shore wind. He owns 4 or 5 stocks.

TOP PICK
TOP PICK
December 13, 2019
The company has said it will increase the dividend annually by 6% until 2024. A regulated, stable business with steady cash flows that will supprot the dividend growth. Yield 3.6% (Analysts’ price target is $55.73)
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
December 13, 2019
The company has said it will increase the dividend annually by 6% until 2024. A regulated, stable business with steady cash flows that will supprot the dividend growth. Yield 3.6% (Analysts’ price target is $55.73)
DON'T BUY
DON'T BUY
December 6, 2019
Looks to be rolling over. He wouldn’t be looking at utility stocks right now. There was an upward trend line that broke. If interest rates go up, fortis won’t do well. He would wait a couple more months before even looking to ré-entre.
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
December 6, 2019
Looks to be rolling over. He wouldn’t be looking at utility stocks right now. There was an upward trend line that broke. If interest rates go up, fortis won’t do well. He would wait a couple more months before even looking to ré-entre.
TOP PICK
TOP PICK
December 3, 2019
Well-diversified across North America. $13 billion capital program will sustain a 6-7% growth rate and the dividend. Utilities are a good place to be in a cautious environment. The stock price is still good. They will focus on organic growth and their existing assets. (Analysts’ price target is $55.73)
Show full opinionHide full opinion
Fortis Inc. (FTS-T)
December 3, 2019
Well-diversified across North America. $13 billion capital program will sustain a 6-7% growth rate and the dividend. Utilities are a good place to be in a cautious environment. The stock price is still good. They will focus on organic growth and their existing assets. (Analysts’ price target is $55.73)
Showing 1 to 15 of 589 entries

Fortis Inc.(FTS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 15

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 22

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, 22 stock analysts published opinions about FTS-T. 15 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Varun Anand on 2020-07-03. 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?

22 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 2020-07-02, Fortis Inc. (FTS-T) stock closed at a price of $52.41.