Home Daily Stock Opinions and Ratings Fortis Inc. (FTS-T)

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Fortis Inc. (FTS-T)

1184 watching

TSE:FTS

57.45
0.27 (0.47%) 1d
Mar 31, 2023, 7:59 pm
0
PAST TOP PICK

Fortis Inc.(FTS-T)

21/03/2023
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
Christine Poole
$55.740
Owned
UnlockRating
BUY on WEAKNESS

Fortis Inc.(FTS-T)

17/02/2023
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.  
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electrical utilities
Stockchase Insights
$55.740
Unknown
UnlockRating
TOP PICK

Fortis Inc.(FTS-T)

20/01/2023
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
Brian Madden
$55.550
Owned
UnlockRating
DON'T BUY

Fortis Inc.(FTS-T)

23/11/2022
Fortis Inc.
Less regulatory risk than EMA. Still a negative total return over the last 12 months. Yield is 4.2%.
electrical utilities
Stan Wong
$53.370
Unknown
UnlockRating
BUY

Fortis Inc.(FTS-T)

11/11/2022
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
Ryan Bushell
$53.460
Owned
UnlockRating
TOP PICK

Fortis Inc.(FTS-T)

02/11/2022
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
Michael Sprung
$53.550
Owned
UnlockRating
BUY

Fortis Inc.(FTS-T)

01/11/2022
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
Lorne Steinberg
$52.920
No
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TOP PICK

Fortis Inc.(FTS-T)

18/10/2022
Fortis Inc.
Boring and defensive, and everyone needs defence. Utilities have pulled back sharply, so it's attractive to enter now. 60% of its earning are from the U.S. The renewable trend makes Fortis well-positioned, because they build transmission likes for energy. FTS itself is transitioning to green, like turning a coal-burning plant into renewables. They can grow their 4.5% dividend 6% annually through 2025. Big cash flows. (Analysts’ price target is $60.91)
electrical utilities
Christine Poole
$51.660
Owned
UnlockRating
BUY

Fortis Inc.(FTS-T)

17/10/2022
Fortis Inc.
An electric utility company in the U.S. and Caribbean. Had good numbers in the last quarter and has increased the dividend for 49 consecutive years. Interest rates will cause some volatility but its valuation is good. Moody's and S&P have reaffirmed ratings.
electrical utilities
Paul Harris, CFA
$51.450
Owned
UnlockRating
WEAK BUY

Fortis Inc.(FTS-T)

12/10/2022
Fortis Inc.
Well-run. In utilities, his #1 choice is Brookfield Infrastructure and Algonquin which offer stronger growth, especially AQN. Utilities have come off a lot given rising rates, so choose one with strong growth. All have robust capital programs and enjoy strong demand. Prefers AQN in this space.
electrical utilities
Chris Blumas
$49.000
Owned
UnlockRating
TOP PICK

Fortis Inc.(FTS-T)

05/10/2022
Fortis Inc.
49 years of increasing dividends. Not a huge risk to negative revisions. Rapid rise in interest rates has impacted valuation of utilities, so an attractive opportunity. Stable, predictable, consistent results that can weather the storm. Well diversified. Not a lot of funding risk. Yield is 4.27%. (Analysts’ price target is $60.91)
electrical utilities
James Telfser
$52.930
Owned
UnlockRating
BUY

Fortis Inc.(FTS-T)

04/10/2022
Fortis Inc.
Totally defensive which you need now. 98% of their revenue is rate-regulated utilities, so there's little risk. It has been growing for a long time. They deploy capital to wisely build their grid or repair their infrastructure. They grow their capital base, earnings and dividend by 6% annually. Shares yield close to 4%. That's a 10% return annually. Some feel the PE is too high, but he's fine with Fortis.
electrical utilities
Brian Madden
$53.460
Owned
UnlockRating
BUY on WEAKNESS

Fortis Inc.(FTS-T)

15/09/2022
Fortis Inc.
Key to any utility is you have to factor the inflation rate into your return. If inflation gets sticky, around 5-6%, you'll have a negative rate of return. You want to get this on sale, especially important if you hold it in a taxable account. If inflation goes back to 3-4%, it's not that big an issue. Dividend safe, well-run.
electrical utilities
Rick Stuchberry
$56.740
Unknown
UnlockRating
COMMENT

Fortis Inc.(FTS-T)

12/09/2022
Fortis Inc.
A long term hold with regular cash flow along with slow growth. He prefers AES Corporation since it has more growth especially with the renewables.
electrical utilities
Robert Lauzon
$58.810
Unknown
UnlockRating
HOLD

Fortis Inc.(FTS-T)

08/09/2022
Fortis Inc.
Pretty low beta, about half of the TSX. Utilities tend to do well in economic downturns, and they've done well recently. As we get into the early stages of the next cycle and economic stability, utilities may fall off a bit. Nice yield of 3.6%.
electrical utilities
Stan Wong
$58.690
Unknown
UnlockRating
Showing 1 to 15 of 656 entries
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Fortis Inc.(FTS-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 14

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, 14 stock analysts published opinions about FTS-T. 11 analysts recommended to BUY the stock. 2 analysts 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?

14 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 2023-03-31, Fortis Inc. (FTS-T) stock closed at a price of $57.45.

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