TSE:CU Canadian Utilities (CU) Stock Forecast, Price & News C$28.60 -0.10 (-0.35%) (As of 10/2/2023 ET) Add Compare Share Share Today's RangeC$28.26▼C$29.5550-Day RangeC$28.60▼C$34.3052-Week RangeC$28.26▼C$39.87Volume1.03 million shsAverage Volume643,375 shsMarket CapitalizationC$5.77 billionP/E Ratio13.55Dividend Yield6.26%Price TargetC$37.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial Media Canadian Utilities MarketRank™ ForecastAnalyst RatingHold2.11 Rating ScoreUpside/Downside32.0% UpsideC$37.75 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.77Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 stars 4.1 Analyst's Opinion Consensus RatingCanadian Utilities has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$37.75, Canadian Utilities has a forecasted upside of 32.0% from its current price of C$28.60.Amount of Analyst CoverageCanadian Utilities has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CU. Previous Next 1.7 Dividend Strength Dividend LeadershipCanadian Utilities is a leading dividend payer. It pays a dividend yield of 6.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Utilities does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Utilities is 84.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CU. Previous Next 2.6 News and Social Media Coverage News SentimentCanadian Utilities has a news sentiment score of 0.77. 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 higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Canadian Utilities this week, compared to 3 articles on an average week.Search Interest3 people have searched for CU on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Canadian Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Utilities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.27% of the stock of Canadian Utilities is held by insiders.Percentage Held by InstitutionsOnly 16.15% of the stock of Canadian Utilities is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Utilities is 13.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Utilities is 13.55, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 86.22.Price to Earnings Growth RatioCanadian Utilities has a PEG Ratio of 2.38. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCanadian Utilities has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Canadian Utilities (TSE:CU) StockCanadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; 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, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The Energy Infrastructure segment provides electricity generation, natural gas storage, industrial water, and related infrastructure development solutions in Alberta, the Yukon, the Northwest Territories, Australia, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas in Alberta. Canadian Utilities Limited was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.Read More CU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CU Stock News HeadlinesOctober 3, 2023 | americanbankingnews.comCanadian Utilities (TSE:CU) Upgraded at TD SecuritiesSeptember 27, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Ff flat on Tuesday (CU-PR-I)October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 25, 2023 | americanbankingnews.comCanadian Utilities Limited (TSE:CU) Receives C$37.75 Consensus Price Target from AnalystsSeptember 24, 2023 | msn.com3 Safe TSX Stocks to Strengthen Your PortfolioSeptember 21, 2023 | msn.com3 Safe Stocks for Branching Out of the TSXSeptember 19, 2023 | msn.comCanadian union says negotiations with Ford are continuingSeptember 18, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Bb up on Monday (CU-PR-E)October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. 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September 17, 2023 | finance.yahoo.comCanadian Utilities' (TSE:CU) Dividend Will Be CA$0.4486September 16, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Bb up on Friday (CU-PR-E)September 11, 2023 | markets.businessinsider.comCanadian Utilities A (CU) Gets a Hold Rating from RBC CapitalSeptember 8, 2023 | markets.businessinsider.comBMO Capital Sticks to Its Hold Rating for Canadian Utilities A (CU)September 8, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pr Series Aa up on Thursday (CU-PR-D)August 25, 2023 | finance.yahoo.comIndependent Director of Canadian Utilities Picks Up 180% More StockAugust 25, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Dd down on Thursday (CU-PR-G)August 24, 2023 | theglobeandmail.comCanadian Utilities: Top 10 Undervalued Utilities Sector Stocks on TSX (CU)August 23, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Ff down on Tuesday (CU-PR-I)August 22, 2023 | seekingalpha.comCU.PR.G:CA Canadian Utilities Limited 2ND PFD SER DDAugust 17, 2023 | finance.yahoo.comCanadian Utilities (TSE:CU) investors are sitting on a loss of 18% if they invested a year agoAugust 16, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Bb down on Tuesday (CU-PR-E)August 10, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Bb up on Wednesday (CU-PR-E)August 8, 2023 | msn.comWant $1,000 in Safe Annual Dividend Income? Invest $20,000 in These 3 TSX StocksAugust 5, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Dd down on Wednesday (CU-PR-G)August 5, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pr Series Aa flat on Tuesday (CU-PR-D)August 3, 2023 | msn.comPre-Retirees: Here’s How to Boost Your CPP PensionAugust 1, 2023 | finance.yahoo.comCanadian Utilities (TSE:CU) Will Pay A Dividend Of CA$0.4486See More Headlines Receive CU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Utilities and its competitors with MarketBeat's FREE daily newsletter. Email Address CU Company Calendar Last Earnings7/27/2023Ex-Dividend for 9/1 Dividend8/02/2023Dividend Payable9/01/2023Today10/03/2023Next Earnings (Estimated)10/26/2023Ex-Dividend for 12/1 Dividend11/01/2023Dividend Payable12/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Utilities—Diversified Sub-IndustryN/A SectorUtilities Current SymbolTSE:CU CUSIPN/A CIKN/A Webwww.canadianutilities.com Phone+1-403-2927500FaxN/AEmployees5,035Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$37.75 High Stock Price ForecastC$40.00 Low Stock Price ForecastC$36.00 Forecasted Upside/Downside+32.0%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.11 Trailing P/E Ratio13.55 Forward P/E Ratio12.53 P/E Growth2.38Net IncomeC$573 million Net Margins16.21% Pretax MarginN/A Return on Equity9.33% Return on Assets3.31% Debt Debt-to-Equity Ratio142.91 Current Ratio1.43 Quick Ratio1.30 Sales & Book Value Annual SalesC$4.02 billion Price / Sales1.44 Cash FlowC$2.59 per share Price / Cash Flow11.03 Book ValueC$19.93 per share Price / Book1.44Miscellaneous Outstanding Shares201,740,000Free FloatN/AMarket CapC$5.77 billion OptionableNot Optionable Beta0.57 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMs. Nancy C. Southern (Age 66)Exec. Chair & CEO Comp: $2.52MMr. Brian P. Shkrobot (Age 50)Exec. VP & CFO Comp: $1.07MMr. Robert J. Myles B. Eng. (Age 58)B.Sc., P.Eng., Chief Operating Officer of ATCO EnPower Comp: $1.15MMs. Rebecca A. Penrice (Age 48)Exec. VP of Corp. Services Comp: $1.11MMs. Melanie L. Bayley (Age 45)Pres of ATCO Electric Ltd Comp: $1.18MMr. Alan M. SkiffingtonVP & Chief Information OfficerMr. Myles DouganDirector of Investor Relations & External ReportingMr. Kurt KadatzSr. Communications Mang.Ms. L. CookeSr. VP & Chief Marketing OfficerMr. Deanna M. GirardVP of HRMore ExecutivesKey CompetitorsATCOTSE:ACO.XNorthland PowerTSE:NPIAlgonquin Power & UtilitiesTSE:AQNBrookfield InfrastructureTSE:BIPCBrookfield RenewableTSE:BEPCView All Competitors CU Stock - Frequently Asked Questions Should I buy or sell Canadian Utilities stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CU, but not buy additional shares or sell existing shares. View CU analyst ratings or view top-rated stocks. What is Canadian Utilities' stock price forecast for 2023? 9 brokerages have issued 1 year price targets for Canadian Utilities' shares. Their CU share price forecasts range from C$36.00 to C$40.00. On average, they anticipate the company's stock price to reach C$37.75 in the next year. This suggests a possible upside of 32.0% from the stock's current price. View analysts price targets for CU or view top-rated stocks among Wall Street analysts. How have CU shares performed in 2023? Canadian Utilities' stock was trading at C$36.65 at the beginning of 2023. Since then, CU shares have decreased by 22.0% and is now trading at C$28.60. View the best growth stocks for 2023 here. When is Canadian Utilities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our CU earnings forecast. How were Canadian Utilities' earnings last quarter? Canadian Utilities Limited (TSE:CU) issued its earnings results on Thursday, July, 27th. The company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.43 by $0.06. The company had revenue of $879 million for the quarter. Canadian Utilities had a net margin of 16.21% and a trailing twelve-month return on equity of 9.33%. How often does Canadian Utilities pay dividends? What is the dividend yield for Canadian Utilities? Canadian Utilities declared a quarterly dividend on Tuesday, September 12th. Stockholders of record on Thursday, November 2nd will be paid a dividend of 0.449 per share on Friday, December 1st. This represents a $1.80 dividend on an annualized basis and a yield of 6.28%. The ex-dividend date of this dividend is Wednesday, November 1st. Read our dividend analysis for CU. Is Canadian Utilities a good dividend stock? Canadian Utilities (TSE:CU) pays an annual dividend of C$1.79 per share and currently has a dividend yield of 6.25%. CU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CU. What other stocks do shareholders of Canadian Utilities own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Utilities investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Toronto-Dominion Bank (TD), Vermilion Energy (VET), Enbridge (ENB), BCE (BCE). What is Canadian Utilities' stock symbol? Canadian Utilities trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CU." How do I buy shares of Canadian Utilities? Shares of CU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Canadian Utilities' stock price today? One share of CU stock can currently be purchased for approximately C$28.60. How much money does Canadian Utilities make? Canadian Utilities (TSE:CU) has a market capitalization of C$5.77 billion and generates C$4.02 billion in revenue each year. The company earns C$573 million in net income (profit) each year or C$2.11 on an earnings per share basis. How many employees does Canadian Utilities have? The company employs 5,035 workers across the globe. How can I contact Canadian Utilities? Canadian Utilities' mailing address is 700-909 11 Ave SW, CALGARY, AB T2R 1N6, Canada. The official website for the company is www.canadianutilities.com. The company can be reached via phone at +1-403-2927500. This page (TSE:CU) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canadian Utilities Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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