TSE:CU Canadian Utilities (CU) Stock Forecast, Price & News C$36.32 +0.09 (+0.25%) (As of 05/26/2023 ET) Add Compare Share Share Today's RangeC$36.01▼C$36.4350-Day RangeC$35.30▼C$39.6752-Week RangeC$33.24▼C$41.94Volume560,398 shsAverage Volume623,869 shsMarket CapitalizationC$7.32 billionP/E Ratio15.86Dividend Yield4.93%Price TargetC$40.07 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Canadian Utilities MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside10.3% UpsideC$40.07 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.04Based on 2 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.1.51 out of 5 stars 2.1 Analyst's Opinion Consensus RatingCanadian Utilities has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$40.07, Canadian Utilities has a forecasted upside of 10.3% from its current price of C$36.32.Amount of Analyst CoverageCanadian Utilities has only been the subject of 1 research reports in the past 90 days. 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 4.95%, 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 78.17%. 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 1.6 News and Social Media Coverage News SentimentCanadian Utilities has a news sentiment score of -0.04. 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 lower news sentiment than the 0.31 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Canadian Utilities this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for CU on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows3 people have added Canadian Utilities to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 18.02% 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 15.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Utilities is 15.86, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.83.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 1.82. 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 9,200 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.Read More 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 Stock News HeadlinesMay 25, 2023 | americanbankingnews.comAnalysts Set Canadian Utilities Limited (TSE:CU) Price Target at C$40.07May 21, 2023 | msn.com3 Top Canadian Dividend Stocks Yielding Over 5% in May 2023May 28, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 20, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser CC up on Thursday (CU-PR-F)May 19, 2023 | wsj.comCanadian Utilities Ltd. Cl BMay 18, 2023 | msn.comBetter Dividend Buy: Canadian Utilities or Fortis Stock?May 17, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser C flat on Wednesday (CU-PR-C)May 16, 2023 | finance.yahoo.comIndividual investors own 33% of Canadian Utilities Limited (TSE:CU) shares but private companies control 53% of the companyMay 28, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 15, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Cl A NV down on Monday (CU)May 12, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Bb down on Wednesday (CU-PR-E)May 12, 2023 | msn.comLooking for a Steady Income in Retirement? These TSX Stocks Can HelpMay 11, 2023 | msn.comInvest in These 3 Canadian Dividend Stocks for a Healthy PortfolioMay 11, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser CC down on Tuesday (CU-PR-F)May 11, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Cumulative Redeemable Second flat on Wednesday (CU-PR-J)May 9, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Ee down on Tuesday (CU-PR-H)May 8, 2023 | msn.comLooking for Income in Retirement? These Canadian Dividend Stocks Can DeliverMay 8, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pr Series Aa down on Monday (CU-PR-D)May 5, 2023 | msn.com2 TSX Dividend Stocks for Shelter in a Stormy MarketMay 4, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Cumulative Redeemable Second down on Thursday (CU-PR-J)May 4, 2023 | finance.yahoo.comCANADIAN UTILITIES LIMITED REPORTS ON DIRECTOR ELECTION VOTING RESULTSMay 3, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Ltd Pref Ser Ff up on Wednesday (CU-PR-I)May 3, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Cumulative Redeemable Second down on Wednesday (CU-PR-J)May 3, 2023 | msn.com3 Cheap Utility Stocks to Buy for Protection But Keep for ReturnsMay 1, 2023 | finance.yahoo.comATCO Media Advisory - CANADIAN UTILITIES TO HOLD ANNUAL GENERAL MEETING ON MAY 3, 2023 IN EDMONTONApril 30, 2023 | americanbankingnews.comCanadian Utilities Limited (TSE:CU) Receives C$39.93 Average PT from AnalystsApril 29, 2023 | theglobeandmail.comClosing Bell: Canadian Utilities Cumulative Redeemable Second up on Friday (CU-PR-J)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Ex-Dividend for 3/1 Dividend2/01/2023Dividend Payable3/01/2023Last Earnings3/02/2023Ex-Dividend for 6/1 Dividend5/03/2023Today5/28/2023Dividend Payable6/01/2023Next Earnings (Estimated)7/27/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Gold Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:CU CUSIPN/A CIKN/A Webwww.canadianutilities.com Phone+1-403-2927500FaxN/AEmployees4,796Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$40.07 High Stock Price ForecastC$43.00 Low Stock Price ForecastC$37.00 Forecasted Upside/Downside+10.3%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.29 Trailing P/E Ratio15.86 Forward P/E Ratio17.15 P/E Growth2.38Net IncomeC$621 million Net Margins17.13% Pretax MarginN/A Return on Equity9.99% Return on Assets3.43% Debt Debt-to-Equity Ratio143.66 Current Ratio1.05 Quick Ratio1.30 Sales & Book Value Annual SalesC$4.07 billion Price / Sales1.80 Cash FlowC$3.29 per share Price / Cash Flow11.03 Book ValueC$19.97 per share Price / Book1.82Miscellaneous Outstanding Shares201,590,000Free FloatN/AMarket CapC$7.32 billion OptionableNot Optionable Beta0.57 Key ExecutivesMs. Nancy C. Southern (Age 65)Exec. Chair & CEO Comp: $921.15kMr. Brian P. Shkrobot (Age 49)Exec. VP & CFO Comp: $713.55kMr. Robert J. Myles (Age 57)Exec. VP of Corp. Devel. Comp: $911.41kMs. Rebecca A. Penrice (Age 47)Exec. VP of Corp. Services Comp: $856.65kMr. Marshall F. Wilmot (Age 60)Pres of Retail & Chief Digital Officer Comp: $908.38kMs. Sarah J. ShortreedExec. VP & CTOMr. Alan M. SkiffingtonVP & Chief Information OfficerMr. Myles DouganDirector of Investor Relations & External ReportingMr. Kurt KadatzSr. Communications Mang.Mr. Deanna M. GirardVP of HRMore ExecutivesKey CompetitorsYamana GoldTSE:YRIAlamos GoldTSE:AGIB2GoldTSE:BTOKinross GoldTSE:KEndeavour MiningTSE:EDVView All CompetitorsInsidersColin JacksonSold 8 sharesTotal: C$328.88 ($41.11/share)Wayne K. StensbySold 1,000 sharesTotal: C$40,730.00 ($40.73/share)Brian P. ShkrobotSold 200 sharesTotal: C$8,146.00 ($40.73/share)Robert John NormandSold 1,500 sharesTotal: C$59,670.00 ($39.78/share)View All Insider Transactions 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 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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