TSE:CU

Canadian Utilities Stock Forecast, Price & News

C$35.55

-0.09 (-0.25 %)

(As of 06/18/2021 04:00 PM ET)

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Today's Range

C$35.35

▼

C$35.77

50-Day Range

C$34.28

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C$36.01

52-Week Range

C$29.96

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C$36.21

Volume815,876 shs

Average Volume686,027 shs

Market CapitalizationC$9.63 billion

P/E Ratio28.42

Dividend Yield4.95%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Canadian Utilities

Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. 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 9,000 kilometers of natural gas pipelines, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern 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 business in Alberta. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.

3 of the Best Canadian Stocks to Buy in June
June 19, 2021 | ca.finance.yahoo.com

Canadians: 3 of the Safest High-Yield Dividend Stocks to Buy Now
June 18, 2021 | ca.finance.yahoo.com

Canadian Utilities Limited (TSE:CU) Director Chad L. Gareau Sells 750 Shares
June 18, 2021 | americanbankingnews.com

Canadian Retirees: 3 Safe Dividend Income Stocks to Buy and Hold Forever
June 18, 2021 | ca.finance.yahoo.com

Canadian Utilities (TSE:CU) Reaches New 52-Week High at $36.18
June 15, 2021 | americanbankingnews.com

3 of the Best Canadian Passive-Income Stocks to Buy Now
June 15, 2021 | ca.finance.yahoo.com

Retirees: Here Are 4 Safe Dividend Stocks to Buy and Hold Forever
June 14, 2021 | ca.finance.yahoo.com

Canadian Utilities Limited (TSE:CU) Receives Consensus Rating of "Hold" from Brokerages
June 13, 2021 | americanbankingnews.com

UBS Group Boosts Canadian Utilities (TSE:CU) Price Target to C$32.00
June 11, 2021 | americanbankingnews.com

Canadian Utilities (TSE:CU) Sets New 12-Month High at $35.76
June 9, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Gold
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:CU
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.canadianutilities.com
Phone+1-403-2927500
Employees4,473
Year FoundedN/A

Sales & Book Value

Annual SalesC$3.26 billion
Price / Sales2.96
Cash FlowC$3.06 per share
Price / Cash Flow11.61
Book ValueC$19.29 per share
Price / Book1.84

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares271,024,000
Market CapC$9.63 billion
Next Earnings Date7/29/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.18 out of 5 stars

1.2 Analyst's Opinion

Consensus Rating
Canadian Utilities has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$36.00, Canadian Utilities has a forecasted upside of 1.3% from its current price of C$35.55.
Amount of Analyst Coverage
Canadian Utilities has only been the subject of 3 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Canadian Utilities has received 426 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Utilities has received 464 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Utilities has received 52.13% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Canadian Utilities is a leading dividend payer. It pays a dividend yield of 4.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Utilities does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Utilities is 139.57%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Utilities insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$140,869.00 in company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Utilities is 28.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Utilities is 28.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.26.
Price to Earnings Growth Ratio
Canadian Utilities has a PEG Ratio of 64.08. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Utilities has a P/B Ratio of 1.84. 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

Canadian Utilities (TSE:CU) Frequently Asked Questions

Is Canadian Utilities a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Canadian Utilities stock. 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 analyst ratings for Canadian Utilities or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Utilities?

Wall Street analysts have given Canadian Utilities a "Hold" 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 Canadian Utilities wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian Utilities' next earnings date?

Canadian Utilities is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Canadian Utilities.

How were Canadian Utilities' earnings last quarter?

Canadian Utilities Limited (TSE:CU) issued its quarterly earnings data on Thursday, April, 29th. The company reported $0.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.69 by $0.01. The firm had revenue of $907 million for the quarter.
View Canadian Utilities' earnings history.

How has Canadian Utilities' stock been impacted by Coronavirus (COVID-19)?

Canadian Utilities' stock was trading at C$35.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CU stock has decreased by 0.4% and is now trading at C$35.55.
View which stocks have been most impacted by COVID-19.

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

Canadian Utilities announced a quarterly dividend on Thursday, October 8th. Stockholders of record on Thursday, November 5th will be paid a dividend of 0.435 per share on Tuesday, December 1st. This represents a $1.74 annualized dividend and a yield of 4.89%. The ex-dividend date is Wednesday, November 4th.
View Canadian Utilities' dividend history.

Is Canadian Utilities a good dividend stock?

Canadian Utilities pays an annual dividend of C$1.75 per share and currently has a dividend yield of 4.95%. CU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Canadian Utilities is 139.57%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Canadian Utilities' dividend history.

What price target have analysts set for CU?

7 equities research analysts have issued 1-year price objectives for Canadian Utilities' shares. Their forecasts range from C$32.00 to C$38.00. On average, they expect Canadian Utilities' stock price to reach C$36.00 in the next year. This suggests a possible upside of 1.3% from the stock's current price.
View analysts' price targets for Canadian Utilities or view top-rated stocks among Wall Street analysts.

Who are Canadian Utilities' key executives?

Canadian Utilities' management team includes the following people:

Ms. Nancy C. Southern, Exec. Chair (Age 64, Pay $2.11M)
Mr. Siegfried W. Kiefer, Pres & CEO (Age 62, Pay $1.92M)
Mr. Dennis A. DeChamplain, Exec. VP & CFO (Age 57, Pay $1.24M)
Mr. Marshall F. Wilmot, Pres of Retail & Chief Digital Officer (Age 60, Pay $865.69k)
Mr. Alan M. Skiffington, VP & Chief Information Officer
Mr. Myles Dougan, Director of Investor Relations & External Reporting
Kurt Kadatz, Sr. Communications Mang.
Mr. Robert J. Myles, Exec. VP of Corp. Devel.
Ms. Deanna M. Girard, VP of HR
Mr. Brian R. Bale, Special Advisor to the CEO and Sr. VP of IT & Real Estate (Age 66)

Who are some of Canadian Utilities' key competitors?

Some companies that are related to Canadian Utilities include Franco-Nevada (FNV), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Kirkland Lake Gold (KL), Augusta Gold (G), Kinross Gold (K), Endeavour Mining (EDV), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), B2Gold (BTO), Yamana Gold (YRI), SSR Mining (SSRM), Alamos Gold (AGI), Yamana Gold (AUY), Equinox Gold (EQX) and Osisko Gold Royalties (OR).
View all of CU's competitors.

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), The Toronto-Dominion Bank (TD), Vermilion Energy (VET), Enbridge (ENB), Wheaton Precious Metals (WPM) and 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 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$35.55.

How much money does Canadian Utilities make?

Canadian Utilities has a market capitalization of C$9.63 billion and generates C$3.26 billion in revenue each year.

How many employees does Canadian Utilities have?

Canadian Utilities employs 4,473 workers across the globe.

What is Canadian Utilities' official website?

The official website for Canadian Utilities is www.canadianutilities.com.

Where are Canadian Utilities' headquarters?

Canadian Utilities is headquartered at 700-909 11 Ave SW, CALGARY, AB T2R 1N6, Canada.

How can I contact Canadian Utilities?

Canadian Utilities' mailing address is 700-909 11 Ave SW, CALGARY, AB T2R 1N6, Canada. The company can be reached via phone at +1-403-2927500.

This page was last updated on 6/21/2021 by MarketBeat.com Staff

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