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Sell every Stock except ONE (Ad)
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Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Bank Collapse Causes Gold Prices to Soar (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Bank Collapse Causes Gold Prices to Soar (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Bank Collapse Causes Gold Prices to Soar (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Bank Collapse Causes Gold Prices to Soar (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Bank Collapse Causes Gold Prices to Soar (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Bank Collapse Causes Gold Prices to Soar (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
TSE:CU

Canadian Utilities (CU) Stock Forecast, Price & News

C$36.32
+0.09 (+0.25%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$36.01
C$36.43
50-Day Range
C$35.30
C$39.67
52-Week Range
C$33.24
C$41.94
Volume
560,398 shs
Average Volume
623,869 shs
Market Capitalization
C$7.32 billion
P/E Ratio
15.86
Dividend Yield
4.93%
Price Target
C$40.07

Canadian Utilities MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
10.3% Upside
C$40.07 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.04mentions of Canadian Utilities in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
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.

1.51 out of 5 stars


CU stock logo

About Canadian Utilities (TSE:CU) Stock

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 9,200 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 operates as a subsidiary of ATCO Ltd.

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CU Stock News Headlines

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CU Company Calendar

Ex-Dividend for 3/1 Dividend
2/01/2023
Dividend Payable
3/01/2023
Last Earnings
3/02/2023
Ex-Dividend for 6/1 Dividend
5/03/2023
Today
5/28/2023
Dividend Payable
6/01/2023
Next Earnings (Estimated)
7/27/2023

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$40.07
High Stock Price Forecast
C$43.00
Low Stock Price Forecast
C$37.00
Forecasted Upside/Downside
+10.3%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
C$621 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.07 billion
Cash Flow
C$3.29 per share
Book Value
C$19.97 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.32 billion
Optionable
Not Optionable
Beta
0.57

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?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last year. There are currently 5 hold ratings and 1 buy rating 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 2023?

6 brokers have issued 12-month target prices for Canadian Utilities' shares. Their CU share price forecasts range from C$37.00 to C$43.00. On average, they anticipate the company's share price to reach C$40.07 in the next twelve months. This suggests a possible upside of 10.3% 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 on January 1st, 2023. Since then, CU stock has decreased by 0.9% and is now trading at C$36.32.
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, July 27th 2023.
View our CU earnings forecast
.

How were Canadian Utilities' earnings last quarter?

Canadian Utilities Limited (TSE:CU) released its quarterly earnings results on Thursday, March, 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.04. The firm earned $1.11 billion during the quarter. Canadian Utilities had a trailing twelve-month return on equity of 9.99% and a net margin of 17.13%.

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

Canadian Utilities announced a quarterly dividend on Thursday, April 13th. Stockholders of record on Thursday, May 4th will be given a dividend of 0.449 per share on Thursday, June 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Wednesday, May 3rd.
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 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 is 78.17%. 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$36.32.

How much money does Canadian Utilities make?

Canadian Utilities (TSE:CU) has a market capitalization of C$7.32 billion and generates C$4.07 billion in revenue each year. The company earns C$621 million in net income (profit) each year or C$2.29 on an earnings per share basis.

How many employees does Canadian Utilities have?

The company 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 5/28/2023 by MarketBeat.com Staff

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