MAY 26·dailypolitical.com▲
Fortis (TSE:FTS) Stock Passes Above 200
Fortis Inc. (TSE: FTS) shares rose above their 200-day moving average on Monday, trading up to C$78.42 versus a 200-day average of C$74.83, with 402,750 shares traded. Analysts cited price-target changes: BMO to C$77, Barclays to C$83, National Bank to C$75, Scotiabank to C$80, Jefferies to C$70. MarketBeat shows a C$78.68 average target. Fortis reported Q1 EPS of C$0.99 on revenue of C$3.40B and declared a C$0.64 quarterly dividend (ex-date May 15).
APR 9·The Globe and Mail→
Fortis vs. the Rest: How Does It Compare to Other Canadian Utility Stocks?
This article analyzes how Fortis (FTS) compares to other Canadian utility stocks, highlighting its reputation for stability, predictable cash flows, and dependable dividends, stemming from its regulated assets and five-decade dividend growth. It contrasts Fortis with traditional utilities like Canadian Utilities (CU) and Hydro One (H), and growth-oriented alternatives such as Brookfield Infrastructure Corporation (BIPC), Brookfield Renewable Corporation (BEPC), and Capital Power (CPX), noting that while Fortis is a benchmark for conservative investing, it offers slower capital appreciation compared to growth-focused peers. The article concludes that Fortis is a strong core holding for a diversified portfolio due to its reliability, but investors seeking higher growth or yield might consider other options.
