Buy, Sell or Hold: Fortis Inc. (FTS-T) — Stock Predictions at Stockchase

TSE:FTS

57.09

0.05 (0.09%) 1d

Showing 1 to 15 of 626 entries

PAST TOP PICK

(A Top Pick Aug 11/20, Up 11%) Defensive. Visible cashflow. Income story, not a growth story. Yield is 3.5%, not the absolute highest but still attractive. Company anticipates growing dividend at 6% through 2025. Green economy will benefit them.

electrical utilities

PAST TOP PICK

(A Top Pick Jul 03/20, Up 12%) Favourite if you want steady income, no surprises. Has lagged the broader market and riskier utilities. He likes it for the purposes it serves: sustainable dividend yield, continued growth of rate base at 5-7 per year, 48 years of consecutive dividend growth. Excellent candidate for RRSPs and for dividend income.

electrical utilities

BUY on WEAKNESS

Be cautious putting money into utilities right now, unless you need the income. With the call on cyclicals, you might get some better opportunities to add to those names. As rates move higher, typically those stocks sell off. In Canada, FTS is world class, 5% earnings and dividend growth, predictable 10% return.

electrical utilities

BUY

A boring company. It raises dividends every year with a yield at 3.25%. Doesn't go up that much. Could get a return of 6-7% which is tax preferred, it could be a good fixed income substitute. Fortis and Emera are good for steady earners. Yield will keep going up.

electrical utilities

WAIT

One of the best diversified conglomerate utilities on the TSX. Has owned in the past, and sees owning again when his portfolio gets more defensive, but probably not this year. Predictable business model. Excellent consistency of earnings, good dividend growth. Right now, better opportunities with the strong economy.

electrical utilities

BUY

EMA-T vs. FTS-T. Both companies distribute electricity. He has more FTS-T than EMA-T. You are looking at the growth in the size of the pie as well as the configuration. Both get paid a regulated rate of return. FTS-T has a little more exposure than EMA-T. Both stocks have bounced off the bottom this year. You are going to get dividend growth come to both of these. They are both a very long term hold.

electrical utilities

HOLD

Not a lot of growth potential, though it expects to grow its dividend over the next 5 years by 6%. Won't be a huge outperformer. Utilities are seasonal right now, and tend to perform well here. Very defensive, so if markets tank, FTS won't participate as much on the downside. A pretty good buy here. Yield is about 3.6%.

electrical utilities

PAST TOP PICK

(A Top Pick Jul 03/20, Up 8%) Low-beta, low-volatility with stable earnings diversified across North America. Boasts long dividend growth of 47 years. FTS won't give you huge spikes up nor deep plunges. It's a steady income earner.

electrical utilities

PAST TOP PICK

(A Top Pick Mar 13/20, Up 5%) She's been buying more during this pullback. They plan on growing their 4% dividend 6% annually through 2025. FTS boasts a defensive cash-flow stream. It's a solid utility, paying a steady stream of increasing dividends. She's long held this as a key holding. It was a great stock to hold during the March 2020 panic sell.

electrical utilities

PAST TOP PICK

(A Top Pick Mar 17/20, Up 6%) The changes within the energy space will benefit Fortis, which has made good steps in ESG to attract ESG investors. This is a long-term hold and pays a fine dividend. He advocates holding utilities for their safe revenues and dividends as we enter this reopening. It will take longer than many expect for world economies to return to previous levels, so utilities are positive in this light.

electrical utilities

BUY on WEAKNESS

It is good, not great. Good companies can have a place in your portfolio. They don't have the return metrics he is looking for. Much of their activities are regulated and he likes that. They are a steady payer of dividends.

electrical utilities

PAST TOP PICK

(A Top Pick Aug 05/20, Down 5%) It has been growing its dividend for 47 years and should grow by 6% into 2024. You should be in this company if you want to be in the utility sector. If we see interest rates pull back then he would expect this one to do quite well. He would expect rates to pull back in May.

electrical utilities

HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Income stocks in general have been hurt in reaction to bond yields creeping up. This is normal in an economic recovery. Dividend stocks tend to be hurt for a while until investors realize economic growth is positive. Dependant on rates. Unlock Premium - Try 5i Free

electrical utilities

BUY

Continues to buy for new clients. Very attractively priced here. Defensive with regulated cashflow. Increasing their dividends 6% annually through 2025. Bond yields are still very low so she is not concerned. The market has focused on cyclical recovery plays and neglected defensive stocks. A good time to buy when it is out of favour for steady dividends.

electrical utilities

BUY

In an unloved sector, but this offers a fine dividend yield with upside. Emera, too. If the TSX moves upward, then FTS will underperform, but if we move sideways, this stock will do relatively well in comparison. Also, very cold weather like now helps these utilities. A boring, but core name. All told, this should return you 8-10%.

electrical utilities

Showing 1 to 15 of 626 entries

Fortis Inc.(FTS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 25

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, 25 stock analysts published opinions about FTS-T. 21 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?

25 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 2021-09-24, Fortis Inc. (FTS-T) stock closed at a price of $57.09.

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