Fortis Inc.

FTS-T

TSE:FTS

51.08
0.44 (0.85%)
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
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)
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.
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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.
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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%.
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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.

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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.
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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.

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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)
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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.
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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)
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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)
BUY
BUY
November 14, 2019
He thinks AQN-T will probably be a hold better. He lightened up on FTS-T. He may still lighten up on the FTS-T position further. AQN-T has some other drivers to it. He thinks it will test its new high. You could buy it here today.
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Fortis Inc. (FTS-T)
November 14, 2019
He thinks AQN-T will probably be a hold better. He lightened up on FTS-T. He may still lighten up on the FTS-T position further. AQN-T has some other drivers to it. He thinks it will test its new high. You could buy it here today.
TOP PICK
TOP PICK
November 12, 2019
Has long owned this. It's pulled back given this rotation out of defensive names lately. It pays a 3.7% yield. Cash flow is stable due to revenues coming from regulated assets. They're focused on organic growth, with a backlog of projects all regulated. They will grow their dividend 6% annually through 2024. (Analysts’ price target is $56.29)
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Fortis Inc. (FTS-T)
November 12, 2019
Has long owned this. It's pulled back given this rotation out of defensive names lately. It pays a 3.7% yield. Cash flow is stable due to revenues coming from regulated assets. They're focused on organic growth, with a backlog of projects all regulated. They will grow their dividend 6% annually through 2024. (Analysts’ price target is $56.29)
BUY
BUY
November 7, 2019
Steady eddy, good dividend. Great company, very well managed, high quality dividend. Standalone utility. Good value, but an income generating tool. If you want a bit more growth, there are other names, but they aren't pure utilities.
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Fortis Inc. (FTS-T)
November 7, 2019
Steady eddy, good dividend. Great company, very well managed, high quality dividend. Standalone utility. Good value, but an income generating tool. If you want a bit more growth, there are other names, but they aren't pure utilities.
BUY
BUY
November 1, 2019

Fortis just came out with good earnings. It is expensive at 19x. Algonquin is growing earnings per share at 15% with a lower multiple. He prefers AQN.

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Fortis Inc. (FTS-T)
November 1, 2019

Fortis just came out with good earnings. It is expensive at 19x. Algonquin is growing earnings per share at 15% with a lower multiple. He prefers AQN.

PAST TOP PICK
PAST TOP PICK
October 10, 2019
(A Top Pick Oct 24/18, Up 33%) Good dividend yield, defensive business, mid-single digit level of growth. When the market gives you a gift, sometimes you need to lock it in. Valuation is now stretched, because though stock price has appreciated, earnings have not kept pace.
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Fortis Inc. (FTS-T)
October 10, 2019
(A Top Pick Oct 24/18, Up 33%) Good dividend yield, defensive business, mid-single digit level of growth. When the market gives you a gift, sometimes you need to lock it in. Valuation is now stretched, because though stock price has appreciated, earnings have not kept pace.
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Fortis Inc.(FTS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 18

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 29

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, 29 stock analysts published opinions about FTS-T. 18 analysts recommended to BUY the stock. 7 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 Michael Sprung on 2020-03-17. 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?

29 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 2020-04-03, Fortis Inc. (FTS-T) stock closed at a price of $51.08.