QQQ   317.08 (-1.13%)
AAPL   164.92 (+0.03%)
MSFT   282.30 (+0.71%)
META   168.53 (-1.01%)
GOOGL   116.63 (-0.57%)
AMZN   137.83 (-1.13%)
TSLA   850.00 (-2.44%)
NVDA   170.86 (-3.97%)
NIO   19.17 (-4.96%)
BABA   91.19 (+0.39%)
AMD   95.54 (-4.53%)
MU   59.15 (-3.74%)
T   18.10 (+0.56%)
CGC   2.87 (-12.50%)
GE   74.93 (-0.33%)
F   15.19 (-3.74%)
DIS   108.13 (-0.90%)
AMC   22.45 (-6.30%)
PYPL   94.48 (-1.85%)
PFE   49.78 (+0.42%)
NFLX   229.94 (-1.52%)
QQQ   317.08 (-1.13%)
AAPL   164.92 (+0.03%)
MSFT   282.30 (+0.71%)
META   168.53 (-1.01%)
GOOGL   116.63 (-0.57%)
AMZN   137.83 (-1.13%)
TSLA   850.00 (-2.44%)
NVDA   170.86 (-3.97%)
NIO   19.17 (-4.96%)
BABA   91.19 (+0.39%)
AMD   95.54 (-4.53%)
MU   59.15 (-3.74%)
T   18.10 (+0.56%)
CGC   2.87 (-12.50%)
GE   74.93 (-0.33%)
F   15.19 (-3.74%)
DIS   108.13 (-0.90%)
AMC   22.45 (-6.30%)
PYPL   94.48 (-1.85%)
PFE   49.78 (+0.42%)
NFLX   229.94 (-1.52%)
QQQ   317.08 (-1.13%)
AAPL   164.92 (+0.03%)
MSFT   282.30 (+0.71%)
META   168.53 (-1.01%)
GOOGL   116.63 (-0.57%)
AMZN   137.83 (-1.13%)
TSLA   850.00 (-2.44%)
NVDA   170.86 (-3.97%)
NIO   19.17 (-4.96%)
BABA   91.19 (+0.39%)
AMD   95.54 (-4.53%)
MU   59.15 (-3.74%)
T   18.10 (+0.56%)
CGC   2.87 (-12.50%)
GE   74.93 (-0.33%)
F   15.19 (-3.74%)
DIS   108.13 (-0.90%)
AMC   22.45 (-6.30%)
PYPL   94.48 (-1.85%)
PFE   49.78 (+0.42%)
NFLX   229.94 (-1.52%)
QQQ   317.08 (-1.13%)
AAPL   164.92 (+0.03%)
MSFT   282.30 (+0.71%)
META   168.53 (-1.01%)
GOOGL   116.63 (-0.57%)
AMZN   137.83 (-1.13%)
TSLA   850.00 (-2.44%)
NVDA   170.86 (-3.97%)
NIO   19.17 (-4.96%)
BABA   91.19 (+0.39%)
AMD   95.54 (-4.53%)
MU   59.15 (-3.74%)
T   18.10 (+0.56%)
CGC   2.87 (-12.50%)
GE   74.93 (-0.33%)
F   15.19 (-3.74%)
DIS   108.13 (-0.90%)
AMC   22.45 (-6.30%)
PYPL   94.48 (-1.85%)
PFE   49.78 (+0.42%)
NFLX   229.94 (-1.52%)
TSE:CU

Canadian Utilities - CU Stock Forecast, Price & News

C$40.65
+0.58 (+1.45%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
C$39.83
C$40.76
50-Day Range
C$36.61
C$41.45
52-Week Range
C$33.86
C$41.94
Volume
479,828 shs
Average Volume
736,464 shs
Market Capitalization
C$10.96 billion
P/E Ratio
26.57
Dividend Yield
4.43%
Price Target
C$39.50

Canadian Utilities MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.8% Downside
C$39.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Canadian Utilities in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
C$126,461 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.45 out of 5 stars

CU stock logo

About Canadian Utilities (TSE:CU) Stock

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.

Analyst Ratings Changes

CU has been the topic of several analyst reports. Credit Suisse Group decreased their price objective on Canadian Utilities from C$41.00 to C$40.00 in a report on Friday, July 22nd. Royal Bank of Canada raised their target price on Canadian Utilities from C$41.00 to C$42.00 and gave the stock a "sector perform" rating in a research note on Friday, July 29th. CSFB cut their target price on Canadian Utilities from C$41.00 to C$40.00 in a research note on Friday, July 22nd. National Bankshares raised their target price on Canadian Utilities from C$37.00 to C$40.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 2nd. Finally, CIBC raised their target price on Canadian Utilities from C$40.00 to C$41.00 in a research note on Thursday, July 21st. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, Canadian Utilities presently has a consensus rating of "Hold" and an average target price of C$39.50.

Canadian Utilities Price Performance

Shares of TSE:CU opened at C$40.07 on Tuesday. Canadian Utilities has a twelve month low of C$33.86 and a twelve month high of C$41.94. The firm has a market cap of C$10.80 billion and a P/E ratio of 26.19. The company has a 50 day moving average of C$39.17 and a 200 day moving average of C$38.14. The company has a quick ratio of 1.18, a current ratio of 1.30 and a debt-to-equity ratio of 135.27.

Canadian Utilities (TSE:CU - Get Rating) last announced its quarterly earnings data on Thursday, July 28th. The company reported C$0.51 earnings per share for the quarter, topping analysts' consensus estimates of C$0.46 by C$0.05. The firm had revenue of C$933.00 million during the quarter. As a group, research analysts expect that Canadian Utilities will post 2.2411319 EPS for the current fiscal year.

Insider Buying and Selling

In other Canadian Utilities news, Director Robert John Normand sold 1,500 shares of the business's stock in a transaction on Friday, June 3rd. The shares were sold at an average price of C$39.78, for a total transaction of C$59,670.00. Following the completion of the sale, the director now directly owns 24,320 shares in the company, valued at approximately C$967,449.60. Insiders sold a total of 3,100 shares of company stock worth $122,554 in the last three months.

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.

CU Stock News Headlines

Are Canadian Natural Gas Stocks the Next Suncor Energy?
Building a Retirement Income Stream Can Be Easy!
Canadian Utilities (TSE:CU) PT Raised to C$41.00
CSFB Cuts Canadian Utilities (TSE:CU) Price Target to C$40.00
Canadian Utilities (TSE:CU) PT Lowered to C$40.00
3 Defensive Stocks for Your TFSA
CANADIAN UTILITIES CUM RED 2ND (CDNUF)
3 Growth Stocks New Investors Can Completely Trust
The Best Canadian Dividend Stocks of All Time
See 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.

CU Company Calendar

Last Earnings
7/28/2022
Today
8/09/2022
Next Earnings (Estimated)
10/27/2022

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,796
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$39.50
High Stock Price Forecast
C$42.00
Low Stock Price Forecast
C$37.00
Forecasted Upside/Downside
-2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.72 billion
Cash Flow
C$3.19 per share
Book Value
C$19.36 per share

Miscellaneous

Free Float
N/A
Market Cap
C$10.96 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Ms. Nancy C. Southern (Age 65)
    Exec. Chair & CEO
    Comp: $921.15k
  • Mr. Brian P. Shkrobot (Age 49)
    Exec. VP & CFO
    Comp: $713.55k
  • Mr. Robert J. Myles (Age 57)
    Exec. VP of Corp. Devel.
    Comp: $911.41k
  • Ms. Rebecca A. Penrice (Age 47)
    Exec. VP of Corp. Services
    Comp: $856.65k
  • Mr. Marshall F. Wilmot (Age 60)
    Pres of Retail & Chief Digital Officer
    Comp: $908.38k
  • Ms. Sarah J. Shortreed
    Exec. VP & CTO
  • Mr. Alan M. Skiffington
    VP & Chief Information Officer
  • Mr. Myles Dougan
    Director of Investor Relations & External Reporting
  • Mr. Kurt Kadatz
    Sr. Communications Mang.
  • Mr. Deanna M. Girard
    VP of HR













CU Stock - Frequently Asked Questions

Should I buy or sell Canadian Utilities stock 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 7 hold ratings for the stock. The consensus among Wall Street research 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 2022?

7 analysts have issued 1-year price objectives for Canadian Utilities' shares. Their CU share price forecasts range from C$37.00 to C$42.00. On average, they expect the company's share price to reach C$39.50 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for CU
or view top-rated stocks among Wall Street analysts.

How has Canadian Utilities' stock price performed in 2022?

Canadian Utilities' stock was trading at C$36.69 at the beginning of the year. Since then, CU shares have increased by 10.8% and is now trading at C$40.65.
View the best growth stocks for 2022 here
.

When is Canadian Utilities' next earnings date?

Canadian Utilities is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our CU earnings forecast
.

How were Canadian Utilities' earnings last quarter?

Canadian Utilities Limited (TSE:CU) issued its earnings results on Thursday, July, 28th. The company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.05. The firm had revenue of $933 million for the quarter.

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

Canadian Utilities announced a quarterly dividend on Thursday, January 13th. Shareholders of record on Thursday, February 3rd will be paid a dividend of 0.444 per share on Tuesday, March 1st. This represents a $1.78 annualized dividend and a dividend yield of 4.37%. The ex-dividend date is Wednesday, February 2nd. This is a positive change from the stock's previous quarterly dividend of C$0.44.
Read our dividend analysis for CU
.

Is Canadian Utilities a good dividend stock?

Canadian Utilities (TSE:CU) pays an annual dividend of C$1.77 per share and currently has a dividend yield of 4.43%. CU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 115.56%. 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), 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 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$40.65.

How much money does Canadian Utilities make?

Canadian Utilities (TSE:CU) has a market capitalization of C$10.96 billion and generates C$3.72 billion in revenue each year.

How many employees does Canadian Utilities have?

Canadian Utilities employs 4,796 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 8/9/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.