Fortis Inc.

FTS-T

TSE:FTS

54.44
0.26 (0.48%)
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.
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Analysis and Opinions about FTS-T

Signal
Opinion
Expert
BUY
BUY
September 30, 2020

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

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Fortis Inc. (FTS-T)
September 30, 2020

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
STRONG BUY
August 18, 2020
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.
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Fortis Inc. (FTS-T)
August 18, 2020
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
BUY
August 17, 2020

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.

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Fortis Inc. (FTS-T)
August 17, 2020

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
HOLD
August 13, 2020

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.

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Fortis Inc. (FTS-T)
August 13, 2020

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
TOP PICK
August 11, 2020
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)
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Fortis Inc. (FTS-T)
August 11, 2020
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
TOP PICK
August 5, 2020
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)
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Fortis Inc. (FTS-T)
August 5, 2020
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
PAST TOP PICK
July 28, 2020
(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.
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Fortis Inc. (FTS-T)
July 28, 2020
(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
BUY
July 28, 2020

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.

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Fortis Inc. (FTS-T)
July 28, 2020

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 WEAKNESS
BUY WEAKNESS
July 10, 2020
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.
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Fortis Inc. (FTS-T)
July 10, 2020
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
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)
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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.
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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%
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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.
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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.
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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)
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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)
Showing 1 to 15 of 598 entries

Fortis Inc.(FTS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 20

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, 20 stock analysts published opinions about FTS-T. 16 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Stockchase Insights on 2020-09-30. 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?

20 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 2020-09-30, Fortis Inc. (FTS-T) stock closed at a price of $54.44.