Should I buy or sell Canadian Utilities stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDUAF shares. View CDUAF analyst ratings or view top-rated stocks .

What is Canadian Utilities' stock price target for 2024?

1 equities research analysts have issued twelve-month price objectives for Canadian Utilities' shares. Their CDUAF share price targets range from $35.00 to $47.00. On average, they anticipate the company's share price to reach $39.50 in the next twelve months. This suggests a possible upside of 82.2% from the stock's current price. View analysts price targets for CDUAF or view top-rated stocks among Wall Street analysts .

How have CDUAF shares performed in 2024?

Canadian Utilities' stock was trading at $24.02 at the beginning of the year. Since then, CDUAF stock has decreased by 9.7% and is now trading at $21.68. View the best growth stocks for 2024 here .

Are investors shorting Canadian Utilities?

Canadian Utilities saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,249,400 shares, a decline of 5.7% from the March 15th total of 1,324,300 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is presently 462.7 days. View Canadian Utilities' Short Interest .

When is Canadian Utilities' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CDUAF earnings forecast .

Is Canadian Utilities a good dividend stock?

Canadian Utilities (OTCMKTS:CDUAF) pays an annual dividend of $1.05 per share and currently has a dividend yield of 2.79%. The dividend payout ratio is 40.45%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Canadian Utilities?

Shares of CDUAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CDUAF

Canadian Utilities (CDUAF) Stock Price, News & Analysis

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$21.68

-0.24 (-1.09%)

(As of 04/15/2024 ET)

Compare

Today's Range: $21.68
▼
$21.92
50-Day Range: $21.68
▼
$23.01
52-Week Range: $20.65
▼
$30.00

Volume: 36,558 shs
Average Volume: 10,490 shs
Market Capitalization: N/A

P/E Ratio: 8.39
Dividend Yield: 4.82%
Price Target: $39.50

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Get Canadian Utilities alerts:

Canadian Utilities MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 82.2% Upside
$39.50 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.18
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.12 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Canadian Utilities has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Canadian Utilities has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Canadian Utilities has a short interest ratio ("days to cover") of 462.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Canadian Utilities has recently decreased by 5.66%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Canadian Utilities pays a meaningful dividend of 2.79%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canadian Utilities does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Utilities is 40.45%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CDUAF.

1.8

News and Social Media Coverage

News Sentiment
Canadian Utilities has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Canadian Utilities this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for CDUAF on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Utilities insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 9.70% of the stock of Canadian Utilities is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Utilities is 8.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Utilities is 8.39, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 74.88.

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About Canadian Utilities Stock (OTCMKTS:CDUAF)

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia. It owns and operates approximately 9,100 kilometers of natural gas pipelines, 11 compressor sites, approximately 3,600 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The ATCO EnPower segment provides hydro, solar, wind, and natural gas electricity generation; natural gas storage; industrial water solutions; clean fuels, including hydrogen, carbon capture, and underground storage projects; and related infrastructure development in Alberta, the Yukon, the Northwest Territories, Australia, Ontario, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas; and provides whole-home solutions. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.

CDUAF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CDUAF Stock News Headlines

April 13, 2024 | fool.com

Canadian Utilities (OTC: CDUAF)

April 12, 2024 | msn.com

Canadian Utilities Limited declares CAD 0.4531 dividend

April 15, 2024 | Paradigm Press (Ad)

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March 29, 2024 | finance.yahoo.com

The Returns At Canadian Utilities (TSE:CU) Aren't Growing

March 12, 2024 | msn.com

Strict new rules on renewables could cost Alberta billions

March 2, 2024 | seekingalpha.com

Canadian Utilities Limited (CDUAF) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

Canadian Utilities Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

February 16, 2024 | finance.yahoo.com

Investors in Canadian Utilities (TSE:CU) have unfortunately lost 12% over the last year

April 15, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 8, 2024 | finance.yahoo.com

CANADIAN UTILITIES TO RELEASE YEAR END 2023 RESULTS ON FEBRUARY 29, 2024

January 31, 2024 | wsj.com

Canadian Utilities Ltd. Cum. Redeem. 2nd Pfd. Series CC

January 21, 2024 | seekingalpha.com

ClearBridge Canadian Equity Strategy Q4 2023 Portfolio Manager Commentary

January 13, 2024 | msn.com

Canadian Utilities Limited 5.25% RED PFD EE declares CAD 0.3281 dividend

January 12, 2024 | msn.com

Canadian Utilities Limited 2ND PFD SER Y declares CAD 0.3248 dividend

January 12, 2024 | msn.com

Canadian Utilities raises dividend by 1% to $0.4486

January 8, 2024 | msn.com

Here’s Why Canadian Utilities Is a No-Brainer Dividend Stock

December 27, 2023 | msn.com

Canadian Utilities Stock: Buy, Sell, or Hold for Passive Income?

December 20, 2023 | theglobeandmail.com

Closing Bell: Canadian Utilities Ltd Pref Ser Ee up on Monday (CU-PR-H)

December 18, 2023 | finance.yahoo.com

What Canadian Utilities Limited's (TSE:CU) P/E Is Not Telling You

December 15, 2023 | finance.yahoo.com

Canadian Utilities Announces Completion of Arrangement for Exchange of Class B Shares by Non-Controlling Class B Share Owners

December 12, 2023 | morningstar.com

Canadian Utilities Ltd Class B CU.X

December 6, 2023 | seekingalpha.com

Canadian Utilities: Time To Go To 'Buy' (Rating Upgrade)

November 10, 2023 | finance.yahoo.com

Canadian Utilities Limited's (TSE:CU) top owners are private companies with 53% stake, while 37% is held by individual investors

October 31, 2023 | finance.yahoo.com

Canadian Utilities Ltd's Dividend Analysis

October 27, 2023 | finance.yahoo.com

Don't Race Out To Buy Canadian Utilities Limited (TSE:CU) Just Because It's Going Ex-Dividend

October 26, 2023 | msn.com

Canadian Utilities Non-GAAP EPS of C$0.32

October 19, 2023 | markets.businessinsider.com

Canadian Utilities A (CU) Receives a Hold from CIBC

See More Headlines

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Company Calendar

Today: 4/15/2024
Next Earnings (Estimated): 4/25/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Utilities
Industry: Utilities - Diversified
Sub-Industry: N/A
Current Symbol: OTCMKTS:CDUAF
CUSIP: N/A
CIK: N/A
Web: www.canadianutilities.com
Phone: (403) 292-7500
Fax: N/A
Employees: 9,018
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $39.50
High Stock Price Target: $47.00
Low Stock Price Target: $35.00
Potential Upside/Downside: +82.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 8.39
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Ms. Nancy C. Southern (Age 67)
Executive Chair & CEO
Comp: $1.86M
Mr. Robert J. Myles B. Eng. (Age 59)
B.Sc., P.Eng., Chief Operating Officer of ATCO EnPower
Comp: $848.27k
Ms. Rebecca A. Penrice (Age 49)
Executive Vice President of Corporate Services
Comp: $820.56k
Ms. Melanie L. Bayley (Age 46)
President of ATCO Electric Ltd
Comp: $872.16k
Mr. Alan M. Skiffington
VP & Chief Information Officer
Mr. Myles Dougan
Director of Investor Relations & External Reporting
Mr. Kurt Kadatz
Senior Communications Manager
Ms. Lisa Cooke
Senior VP & Chief Marketing Officer
Mr. Deanna M. Girard
Vice President of Human Resources
Mr. Brian R. Bale (Age 69)
Special Advisor to the CEO and Senior VP of IT & Real Estate
Comp: $277.82k

Key Competitors

View All Competitors

CDUAF Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian Utilities stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDUAF shares.
View CDUAF analyst ratings or view top-rated stocks.
What is Canadian Utilities' stock price target for 2024?: 1 equities research analysts have issued twelve-month price objectives for Canadian Utilities' shares. Their CDUAF share price targets range from $35.00 to $47.00. On average, they anticipate the company's share price to reach $39.50 in the next twelve months. This suggests a possible upside of 82.2% from the stock's current price.
View analysts price targets for CDUAF or view top-rated stocks among Wall Street analysts.
How have CDUAF shares performed in 2024?: Canadian Utilities' stock was trading at $24.02 at the beginning of the year. Since then, CDUAF stock has decreased by 9.7% and is now trading at $21.68.
View the best growth stocks for 2024 here.
Are investors shorting Canadian Utilities?: Canadian Utilities saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,249,400 shares, a decline of 5.7% from the March 15th total of 1,324,300 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is presently 462.7 days.
View Canadian Utilities' Short Interest.

When is Canadian Utilities' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CDUAF earnings forecast.
Is Canadian Utilities a good dividend stock?: Canadian Utilities (OTCMKTS:CDUAF) pays an annual dividend of $1.05 per share and currently has a dividend yield of 2.79%. The dividend payout ratio is 40.45%. This payout ratio is at a healthy, sustainable level, below 75%.
How do I buy shares of Canadian Utilities?: Shares of CDUAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CDUAF) was last updated on 4/15/2024 by MarketBeat.com Staff

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