Fortis Inc. | StockChase
469
Fortis Inc. (FTS-T)

Last Price Recorded: $46.8200 on 2017-12-15

ON STOCKCHASE SINCE Dec 2000

electrical utilities
469
Fortis Inc. (FTS-T)

Last Price Recorded: $46.8200 on 2017-12-15

ON STOCKCHASE SINCE Dec 2000

electrical utilities

Fortis Inc.


Signal Opinion Expert
COMMENT
Fortis Inc.(FTS-T) 

December 15, 2017

Had a pretty good Q3 driven by their US operations and lower costs. Their developments are attracting well. Very solid dividend growth. Has a low Payout Ratio that supports the dividend growth. There are other projects outside their capital plan that can drive growth further. Not cheap anymore, trading at around 18.5X 2018, versus its peers at around 17X. It really doesn't have the best growth. He is only modelling 3% growth 2017-2019.

electrical utilities

Had a pretty good Q3 driven by their US operations and lower costs. Their developments are attracting well. Very solid dividend growth. Has a low Payout Ratio that supports the dividend growth. There are other projects outside their capital plan that can drive growth further. Not cheap anymore, trading at around 18.5X 2018, versus its peers at around 17X. It really doesn't have the best growth. He is only modelling 3% growth 2017-2019.

electrical utilities
Greg Newman

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$46.820
Owned Owned
Yes

PAST TOP PICK
Fortis Inc.(FTS-T) 

December 13, 2017

(A Top Pick Feb 1/17. Up 18%.) He likes this, but hasn't been buying it lately. His cost basis was normally around $40. They've very successfully diversified from just being a power producer to also being a power transmission system. Over the last 10 years they've made 2 really large acquisitions very successfully. Excellent management. There are exposed to different regulatory systems, but they have enough growth in assets going forward that there will be more free cash flow and higher dividends over time.

electrical utilities

(A Top Pick Feb 1/17. Up 18%.) He likes this, but hasn't been buying it lately. His cost basis was normally around $40. They've very successfully diversified from just being a power producer to also being a power transmission system. Over the last 10 years they've made 2 really large acquisitions very successfully. Excellent management. There are exposed to different regulatory systems, but they have enough growth in assets going forward that there will be more free cash flow and higher dividends over time.

electrical utilities
Michael Sprung

President, Sprung Investment Ma...

PricePrice
$47.240
Owned Owned
Yes

BUY
Fortis Inc.(FTS-T) 

November 27, 2017

It is considered the most conservative of the utilities.  He would not trade it based on short term weather conditions.  It has $14 billion of projects planned for the next 5 years.  They expect to raise their dividend 6% a year over the next 5 years.  If you tack that onto their dividend you get 9.5% over a five year period,

electrical utilities

It is considered the most conservative of the utilities.  He would not trade it based on short term weather conditions.  It has $14 billion of projects planned for the next 5 years.  They expect to raise their dividend 6% a year over the next 5 years.  If you tack that onto their dividend you get 9.5% over a five year period,

electrical utilities
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$48.120
Owned Owned
Yes

WEAK BUY
Fortis Inc.(FTS-T) 

November 2, 2017

EMA-T vs. FTS-T. He has a small preference or FTS-T.  You have to be careful if you know higher rates are coming.  In the US it is December and March and in Canada with maybe only one rise in 2018.  You could see a 10-15% decline if they report flat earnings.

electrical utilities

EMA-T vs. FTS-T. He has a small preference or FTS-T.  You have to be careful if you know higher rates are coming.  In the US it is December and March and in Canada with maybe only one rise in 2018.  You could see a 10-15% decline if they report flat earnings.

electrical utilities
Bruce Campbell (1)

President, Campbell and Lee Inv...

PricePrice
$46.830
Owned Owned
No

BUY
Fortis Inc.(FTS-T) 

October 25, 2017

This is in the utility/infrastructure space. A good company and has seen pretty good growth over the last couple of months or so. In a rising interest rate environment, utilities would face some pressures, but this company has withstood that very well. This will continue to move along well, and pays a good dividend yield of 3.7%.

electrical utilities

This is in the utility/infrastructure space. A good company and has seen pretty good growth over the last couple of months or so. In a rising interest rate environment, utilities would face some pressures, but this company has withstood that very well. This will continue to move along well, and pays a good dividend yield of 3.7%.

electrical utilities
Cole Kachur

Senior Wealth Advisor, ScotiaWealth Managem...

PricePrice
$46.850
Owned Owned
No

HOLD
Fortis Inc.(FTS-T) 

October 23, 2017

A lot of people are in this stock because of the great yield.  It has been a consistent performer.  If you are there for yield then you can hold it.  If it sold off a bit and you bought it cheaper, and could get double digit returns, then he would have no qualms about it.

electrical utilities

A lot of people are in this stock because of the great yield.  It has been a consistent performer.  If you are there for yield then you can hold it.  If it sold off a bit and you bought it cheaper, and could get double digit returns, then he would have no qualms about it.

electrical utilities
Rick Stuchberry

Portfolio Manager, Richardson GMP...

PricePrice
$46.780
Owned Owned
Unknown

HOLD
Fortis Inc.(FTS-T) 

October 16, 2017

EMA-T vs. FTS-T.  Utilities and rate hikes.  Most of the calls around interest rates are for 1 more non-aggressive interest rate rise.  It may not have as great a rise in utilities.  They are doing what utilities have been doing recently – consolidating.  You might see a slide down within the trading range.  FTS-T has an uptrend, unlike EMA-T.  It’s okay if both go sideways because you collect the dividend.

electrical utilities

EMA-T vs. FTS-T.  Utilities and rate hikes.  Most of the calls around interest rates are for 1 more non-aggressive interest rate rise.  It may not have as great a rise in utilities.  They are doing what utilities have been doing recently – consolidating.  You might see a slide down within the trading range.  FTS-T has an uptrend, unlike EMA-T.  It’s okay if both go sideways because you collect the dividend.

electrical utilities
Keith Richards

Portfolio Manager, ValueTrend Wealth Ma...

PricePrice
$46.140
Owned Owned
Unknown

BUY
Fortis Inc.(FTS-T) 

October 16, 2017

Has had 44 years in a row of dividend growth. Just announced a 6.25% increase, $1.70 a share. Our world is going to need electricity 44 years from now and this company has a wonderful installed base. 3.7% dividend yield.

electrical utilities

Has had 44 years in a row of dividend growth. Just announced a 6.25% increase, $1.70 a share. Our world is going to need electricity 44 years from now and this company has a wonderful installed base. 3.7% dividend yield.

electrical utilities
Barry Schwartz

CIO & Portfolio Manager, Baskin Wealth Manage...

PricePrice
$46.140
Owned Owned
Yes

PAST TOP PICK
Fortis Inc.(FTS-T) 

October 11, 2017

(A Top Pick Oct 12/16. Up 14%.) An electric utility, so it is insulated from commodity exposure. She likes the US acquisition they did, which really expanded their presence in the US. 60% of earnings will be coming from the US. They’ve indicated they can increase their dividend by 6% annually until 2021.

electrical utilities

(A Top Pick Oct 12/16. Up 14%.) An electric utility, so it is insulated from commodity exposure. She likes the US acquisition they did, which really expanded their presence in the US. 60% of earnings will be coming from the US. They’ve indicated they can increase their dividend by 6% annually until 2021.

electrical utilities
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$45.460
Owned Owned
Yes

PAST TOP PICK
Fortis Inc.(FTS-T) 

October 6, 2017

(A Top Pick Feb 21/17. Up 6.89%.) Recently sold this.

electrical utilities

(A Top Pick Feb 21/17. Up 6.89%.) Recently sold this.

electrical utilities
Robert McWhirter

President, Selective Asset Mana...

PricePrice
$45.340
Owned Owned
No

TOP PICK
Fortis Inc.(FTS-T) 

October 5, 2017

Selling very, very close to its low P/B value for the past 10 years. The stock is cheap. A nice defensive company, but has some offensive qualities in a rising market. Dividend yield of 3.5%. (Analysts’ price target is $50.)

electrical utilities

Selling very, very close to its low P/B value for the past 10 years. The stock is cheap. A nice defensive company, but has some offensive qualities in a rising market. Dividend yield of 3.5%. (Analysts’ price target is $50.)

electrical utilities
Ross Healy

Chairman, Strategic Analysis C...

PricePrice
$45.220
Owned Owned
Yes

COMMENT
Fortis Inc.(FTS-T) 

September 28, 2017

This has done well. People tend to pile into these things after they’ve done really well. After having a really good run and making some really good acquisitions, it is still not a bad multiple to its peers, at 17X, but he is only modelling 3.5% EPS over the next couple of years. There are better names out there.

electrical utilities

This has done well. People tend to pile into these things after they’ve done really well. After having a really good run and making some really good acquisitions, it is still not a bad multiple to its peers, at 17X, but he is only modelling 3.5% EPS over the next couple of years. There are better names out there.

electrical utilities
Greg Newman

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$44.630
Owned Owned
Unknown

HOLD
Fortis Inc.(FTS-T) 

September 20, 2017

An electrical utility company, generating electricity. You are not going to get a massive up-spike in that kind of company. You will get great and stable income as well as growth over the longer-term. Has been very successful in going into the US and buying assets. Extremely well-managed. They raise their dividend consistently.

electrical utilities

An electrical utility company, generating electricity. You are not going to get a massive up-spike in that kind of company. You will get great and stable income as well as growth over the longer-term. Has been very successful in going into the US and buying assets. Extremely well-managed. They raise their dividend consistently.

electrical utilities
Zachary Curry

Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd....

PricePrice
$44.960
Owned Owned
Yes

COMMENT
Fortis Inc.(FTS-T) 

September 19, 2017

He likes this very much. They’ve done a great job in making acquisitions in the US. This is one of the dividend aristocrats of Canada. Thinks they’ve increased dividends 42 years in a row. It is not all that expensive, and is a great, long term investment.

electrical utilities

He likes this very much. They’ve done a great job in making acquisitions in the US. This is one of the dividend aristocrats of Canada. Thinks they’ve increased dividends 42 years in a row. It is not all that expensive, and is a great, long term investment.

electrical utilities
Nick Majendie

Director & Senior Portfolio Manager, Scotia Wealth Manage...

PricePrice
$44.530
Owned Owned
Yes

TOP PICK
Fortis Inc.(FTS-T) 

September 13, 2017

One of his favourite utilities. Has a large US presence. A big part of their M&A growth is behind them. They made 2 major acquisitions in the last few years, one of them being in Texas, so capital expenditures might be going up a little in the near term. They are much more into energy transmission as well as generation. Dividend yield of 3.5%. (Analysts’ price target is $50.)

electrical utilities

One of his favourite utilities. Has a large US presence. A big part of their M&A growth is behind them. They made 2 major acquisitions in the last few years, one of them being in Texas, so capital expenditures might be going up a little in the near term. They are much more into energy transmission as well as generation. Dividend yield of 3.5%. (Analysts’ price target is $50.)

electrical utilities
Michael Sprung

President, Sprung Investment Ma...

PricePrice
$44.430
Owned Owned
Yes

Showing 1 to 15 of 469 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company