Canadian Utilities Stock Price, News & Analysis (TSE:CU) C$30.88 +0.06 (+0.19%) (As of 12/4/2023 ET) Add Compare Share Share Today's RangeC$30.69▼C$31.0550-Day RangeC$28.49▼C$31.7752-Week RangeC$28.13▼C$39.87Volume445,863 shsAverage Volume643,723 shsMarket CapitalizationC$6.24 billionP/E Ratio14.17Dividend Yield5.80%Price TargetC$35.71 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Canadian Utilities MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside15.7% UpsideC$35.71 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.1.76 out of 5 stars 3.1 Analyst's Opinion Consensus RatingCanadian Utilities has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$35.71, Canadian Utilities has a forecasted upside of 15.7% from its current price of C$30.88.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 5.94%, 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 82.11%. 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 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Canadian Utilities this week, compared to 3 articles on an average week.Search Interest4 people have searched for CU on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Canadian Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 14.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Utilities is 14.17, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.96.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 1.60. 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 Stock (TSE:CU)Canadian 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 operates as a subsidiary of ATCO Ltd.Read More CU Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CU Stock News HeadlinesDecember 1, 2023 | msn.comReady to Invest With $5,000? 3 Stocks for December 2023November 23, 2023 | msn.comThree Canadian Utility Stocks With Dividends That Beat InflationDecember 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 15, 2023 | msn.com3 Top Utility Stocks to Buy on the TSX TodayNovember 11, 2023 | msn.comSafe Stocks to Buy in a Bearish MarketNovember 9, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Ee flat on Wednesday (CU-PR-H)November 7, 2023 | msn.com3 TSX Stocks Every Canadian Should Own in November 2023November 6, 2023 | ca.investing.com3 Promising Canadian Value Stocks for November 2023December 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 3, 2023 | msn.com3 Top Canadian Value Stocks in November 2023October 31, 2023 | marketwatch.comCanadian Utilities to Offer Exchange of Class B Shares to Class AOctober 31, 2023 | finance.yahoo.comCanadian Utilities Makes Exchange Proposal to Non-Controlling Class B Share OwnersOctober 26, 2023 | msn.comToronto stocks muted as energy losses offset by utilities gainsOctober 26, 2023 | markets.businessinsider.comCanadian Market Witnessing Another Weak SpellOctober 26, 2023 | marketwatch.comCanadian Utilities 3Q Earnings Rise, Revenue FallsOctober 26, 2023 | finance.yahoo.comCANADIAN UTILITIES REPORTS THIRD QUARTER 2023 EARNINGSOctober 25, 2023 | msn.comCanadian union Unifor to prioritize talks on EV transition with StellantisOctober 20, 2023 | msn.comBetter Buy for Dividends: Canadian Utilities or Fortis Stock?October 16, 2023 | msn.comBear Market Ahead? Why it’s Still a Prime Time for Canadian InvestorsOctober 14, 2023 | msn.com2024 Is Looking Like a Bearish Market: Here’s How to Manage Your TFSAOctober 12, 2023 | msn.comTFSA Passive Income: 3 Amazing Stocks That Earn $2,050/Year CombinedOctober 11, 2023 | msn.comBear-Proofing Your Portfolio: Resilient Canadian Stocks to Consider NowOctober 11, 2023 | news.yahoo.comCanadian auto union reaches deal with GM, ending strikeOctober 7, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser CC down on Friday (CU-PR-F)October 4, 2023 | msn.comLooking for Safe Income? This Stock Raised its Dividend for the Past 51 YearsOctober 3, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Dd up on Monday (CU-PR-G)September 27, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Ff flat on Tuesday (CU-PR-I)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. Email Address Company Calendar Last Earnings10/26/2023Ex-Dividend for 12/1 Dividend11/01/2023Dividend Payable12/01/2023Today12/04/2023Next Earnings (Estimated)3/07/2024Get 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 TargetC$35.71 High Stock Price TargetC$40.00 Low Stock Price TargetC$33.00 Potential Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.18 Trailing P/E Ratio14.20 Forward P/E Ratio13.15 P/E Growth2.38Net IncomeC$589 million Net Margins16.98% Pretax MarginN/A Return on Equity9.68% Return on Assets3.36% Debt Debt-to-Equity Ratio152.06 Current Ratio0.85 Quick Ratio1.30 Sales & Book Value Annual SalesC$3.93 billion Price / Sales1.59 Cash FlowC$2.81 per share Price / Cash Flow11.03 Book ValueC$19.24 per share Price / Book1.61Miscellaneous Outstanding Shares202,070,000Free FloatN/AMarket CapC$6.25 billion OptionableNot Optionable Beta0.60 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMs. Nancy C. Southern (Age 66)Executive Chair & CEO Comp: $2.52MMr. Brian P. Shkrobot (Age 50)Executive 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)Executive Vice President of Corporate Services Comp: $1.11MMs. Melanie L. Bayley (Age 45)President of ATCO Electric Ltd Comp: $1.18MMr. Alan M. SkiffingtonVP & Chief Information OfficerMr. Myles DouganDirector of Investor Relations & External ReportingMr. Kurt KadatzSenior Communications ManagerMs. L. CookeSenior VP & Chief Marketing OfficerMr. Deanna M. GirardVice President of Human ResourcesMore ExecutivesKey CompetitorsATCOTSE:ACO.XBrookfield Infrastructure PartnersTSE:BIP.UNBrookfield RenewableTSE:BEPCBrookfield InfrastructureTSE:BIPCAlgonquin Power & UtilitiesTSE:AQNView All Competitors CU Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Utilities stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last twelve months. There are currently 6 hold ratings and 2 buy 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 target for 2024? 8 brokerages have issued 12 month price targets for Canadian Utilities' shares. Their CU share price targets range from C$33.00 to C$40.00. On average, they predict the company's share price to reach C$35.71 in the next twelve months. This suggests a possible upside of 15.7% 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 stock has decreased by 15.7% and is now trading at C$30.88. 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, March 7th 2024. View our CU earnings forecast. How were Canadian Utilities' earnings last quarter? Canadian Utilities Limited (TSE:CU) announced its earnings results on Thursday, October, 26th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The company earned $812 million during the quarter. Canadian Utilities had a trailing twelve-month return on equity of 9.68% and a net margin of 16.98%. How often does Canadian Utilities pay dividends? What is the dividend yield for Canadian Utilities? Canadian Utilities announced a quarterly dividend on Tuesday, September 12th. Shareholders of record on Thursday, November 2nd will be given a dividend of 0.449 per share on Friday, December 1st. This represents a $1.80 annualized dividend and a dividend yield of 5.82%. The ex-dividend date 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 5.94%. CU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.11%. 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). 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. This page (TSE:CU) was last updated on 12/4/2023 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. 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