OTCMKTS:CLPHY

CLP Stock Forecast, Price & News

$10.13

-0.02 (-0.20 %)

(As of 06/18/2021 03:46 PM ET)

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Today's Range

$10.04

▼

$10.13

50-Day Range

$9.60

▼

$10.41

52-Week Range

$8.84

▼

$10.55

Volume52,400 shs

Average Volume76,515 shs

Market Capitalization$25.59 billion

P/E Ratio17.47

Dividend Yield2.86%

Beta0.36

30 days | 90 days | 365 days | Advanced Chart

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About CLP

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Southeast Asia, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, wind, hydro, solar, and oil sources. It serves 5.12 million retail customers in Hong Kong and Australia. The company is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas. It has approximately 16,486 kilometers of transmission and high voltage distribution lines. CLP Holdings Limited was founded in 1901 and is based in Hung Hom, Hong Kong.

Suzlon bags order to develop 252 MW wind power project
June 3, 2021 | in.finance.yahoo.com

CLP (OTCMKTS:CLPHY) Reaches New 52-Week High at $10.53
May 28, 2021 | americanbankingnews.com

CLP Holdings Limited to Issue Quarterly Dividend of $0.07 (OTCMKTS:CLPHY)
May 26, 2021 | americanbankingnews.com

CLP (OTCMKTS:CLPHY) Stock Price Up 1.9%
May 25, 2021 | americanbankingnews.com

UPDATE 2-CLP's EnergyAustralia to expand gas-fired power plant with state support
May 4, 2021 | finance.yahoo.com

Hong Kong Looks to Sea for Clean Energy in Land-Starved City
April 11, 2021 | finance.yahoo.com

Century-Old Australian Coal Plant Makes Way for Giant Battery
March 9, 2021 | finance.yahoo.com

Castle Peak Power Finance Company Limited -- Moody's assigns A1 rating to CAPCO's guaranteed MTN drawdown
February 24, 2021 | finance.yahoo.com

Asian Companies Are Finally Getting Serious About Climate Risks
November 26, 2020 | finance.yahoo.com

CLP Holdings Ltd. ADR (CLPHY)
October 24, 2020 | nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange OTCMKTS
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Current SymbolOTCMKTS:CLPHY
Previous SymbolNASDAQ:CLPHY
CUSIPN/A
CIK1052515
Webwww.clpgroup.com
Phone852-2678-8111
Employees8,060
Year Founded1901

Sales & Book Value

Annual Sales$10.26 billion
Price / Sales2.49
Cash Flow$1.01 per share
Price / Cash Flow10.05
Book Value$6.43 per share
Price / Book1.58

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares2,526,451,000
Market Cap$25.59 billion
Next Earnings DateN/A
OptionableNot Optionable

Social Links

MarketRank^™

Overall MarketRank^™

1.59 out of 5 stars

Utilities Sector

73rd out of 279 stocks

Electric Services Industry

31st out of 79 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for CLP.

2.3 Community Rank

Outperform Votes
CLP has received 175 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CLP has received 202 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CLP has received 53.58% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CLP and other stocks. Vote “Outperform” if you believe CLPHY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLPHY will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
CLP pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CLP does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CLP is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CLP will have a dividend payout ratio of 44.62% next year. This indicates that CLP will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CLP insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.09% of the stock of CLP is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for CLP are expected to grow by 3.17% in the coming year, from $0.63 to $0.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CLP is 17.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of CLP is 17.50, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.76.
Price to Earnings Growth Ratio
CLP has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
CLP has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

CLP (OTCMKTS:CLPHY) Frequently Asked Questions

What stocks does MarketBeat like better than CLP?

Wall Street analysts have given CLP a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CLP wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has CLP's stock been impacted by COVID-19 (Coronavirus)?

CLP's stock was trading at $10.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CLPHY shares have decreased by 4.0% and is now trading at $10.15.
View which stocks have been most impacted by COVID-19.

How often does CLP pay dividends? What is the dividend yield for CLP?

CLP declared a quarterly dividend on Monday, May 24th. Investors of record on Thursday, June 3rd will be paid a dividend of $0.073 per share on Tuesday, June 22nd. This represents a $0.29 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date of this dividend is Wednesday, June 2nd.
View CLP's dividend history.

Is CLP a good dividend stock?

CLP pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.88%. The dividend payout ratio of CLP is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CLP will have a dividend payout ratio of 44.62% next year. This indicates that CLP will be able to sustain or increase its dividend.
View CLP's dividend history.

Who are CLP's key executives?

CLP's management team includes the following people:

Mr. Richard Kendall Lancaster BE, CEO & Exec. Director (Age 59, Pay $2.62M)
Mr. David Christopher Smales, Chief Operating Officer (Age 53, Pay $1.42M)
Mr. David John Simmonds B.Com, LLB, Chief Admin. Officer, Group Gen. Counsel & Company Sec. (Age 51, Pay $1.42M)
Ms. Wai Yan Chong JP, BSSc, Chief Corp. Devel. Officer (Age 57, Pay $1.39M)
Ms. Eileen Burnett-Kant M.B.A., MBA, Chief HR Officer (Age 52, Pay $1.2M)
Mr. Rajiv Ranjan Mishra M.B.A., MBA, Managing Director of India (Age 55, Pay $1.08M)
Mr. Siu Hung Chan JP, BSc(Eng.), MSc, CEng, HonFEI, MIET, MHKIE, Managing Director of China (Age 62, Pay $1.21M)
Mr. Geert Herman August Peeters MSc(Eng.), CEng(Belgium), Group Director and Chief Strategy & Transformation Officer (Age 57, Pay $1.95M)
Ms. Catherine Leigh Tanna L.L.B., LLB, Managing Director of Energy Australia (Age 59, Pay $2.65M)
Mr. Tung Keung Chiang BSc(Eng.), MSc, MBA, MHKIE, CEng, MIET, Managing Director of CLP Power Hong Kong (Age 54, Pay $1.46M)

Who are some of CLP's key competitors?

Some companies that are related to CLP include Enel (ENLAY), The Southern (SO), Dominion Energy (D), American Electric Power (AEP), Eversource Energy (ES), DTE Energy (DTE), SSE (SSEZY), EDP - Energias de Portugal (EDPFY), PPL (PPL), Entergy (ETR), Edison International (EIX), Fortis (FTS), FirstEnergy (FE), Avangrid (AGR) and Korea Electric Power (KEP).
View all of CLPHY's competitors.

What is CLP's stock symbol?

CLP trades on the OTCMKTS under the ticker symbol "CLPHY."

How do I buy shares of CLP?

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

What is CLP's stock price today?

One share of CLPHY stock can currently be purchased for approximately $10.15.

How much money does CLP make?

CLP has a market capitalization of $25.64 billion and generates $10.26 billion in revenue each year. The company earns $1.49 billion in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does CLP have?

CLP employs 8,060 workers across the globe.

When was CLP founded?

CLP was founded in 1901.

What is CLP's official website?

The official website for CLP is www.clpgroup.com.

Where are CLP's headquarters?

CLP is headquartered at 8 LAGUNA VERDE AVENUE, Hong Kong K3, .

How can I contact CLP?

CLP's mailing address is 8 LAGUNA VERDE AVENUE, Hong Kong K3, . The company can be reached via phone at 852-2678-8111 or via email at [email protected]

This page was last updated on 6/18/2021 by MarketBeat.com Staff

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