TSE:CUP.U

Caribbean Utilities Stock Forecast, Price & News

C$15.10

-0.04 (-0.26 %)

(As of 03/8/2021 03:32 PM ET)

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Today's Range

C$15.10

Now: C$15.10▼

C$15.10

50-Day Range

C$14.30

MA: C$14.82▼

C$15.20

52-Week Range

C$13.26

Now: C$15.10▼

C$16.26

Volume200 shs

Average Volume2,737 shs

Market CapitalizationC$563.91 million

P/E Ratio20.54

Dividend Yield4.64%

BetaN/A

Caribbean Utilities Company, Ltd. engages in the electricity generation, transmission, and distribution activities in Grand Cayman, the Cayman Islands. The company generates electricity using diesel. As of December 31, 2018, it operated diesel generating units with an installed generating capacity of 161 megawatts; and 8 transformer substations with approximately 441 miles of land-based high-voltage transmission and distribution lines, and 15 miles of high-voltage submarine cable. Caribbean Utilities Company, Ltd. also provides telecommunication services, including fiber optic infrastructure, and other information and communication technology services. The company was founded in 1966 and is headquartered in Grand Cayman, the Cayman Islands. Caribbean Utilities Co. Ltd. is a subsidiary of Fortis Energy (Bermuda) Ltd.

Headlines

An Outlook At Several Bullish Stocks Getting Closer To Their 52-Week High: $CUP.U $CEF.U $GCG.A
August 27, 2020 | marketwatch.com

Caribbean Utilities Company, Ltd announces its...
February 14, 2020 | www.benzinga.com

Caribbean Utilities Co Ltd
October 23, 2019 | www.bloomberg.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Utilities - Regulated Electric

Sub-IndustryN/A

SectorUtilities

Current SymbolTSE:CUP.U

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cuc-cayman.com

Phone+1-345-9495200

Employees226

Year FoundedN/A

Debt

Debt-to-Equity Ratio106.26

Current Ratio1.59

Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio20.54

Forward P/E Ratio21.57

P/E Growth3.77

Sales & Book Value

Annual SalesC$177.45 million

Price / Sales3.18

Cash FlowC$1.23 per share

Price / Cash Flow12.29

Book ValueC$7.80 per share

Price / Book1.94

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares37,345,000

Market CapC$563.91 million

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.18 out of 5 stars

1.0 Analyst's Opinion

Consensus Rating
Caribbean Utilities has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$15.50, Caribbean Utilities has a forecasted upside of 2.6% from its current price of C$15.10.
Amount of Analyst Coverage
Caribbean Utilities has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Caribbean Utilities has received 57 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Caribbean Utilities has received 87 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Caribbean Utilities has received 60.42% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Caribbean Utilities is a leading dividend payer. It pays a dividend yield of 4.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Caribbean Utilities does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Caribbean Utilities is 94.89%. 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, Caribbean Utilities insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Caribbean Utilities is 20.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 31.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Caribbean Utilities is 20.54, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.50.
Price to Earnings Growth Ratio
Caribbean Utilities has a PEG Ratio of 3.77. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Caribbean Utilities has a P/B Ratio of 1.94. 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

C$15.10

-0.04 (-0.26 %)

(As of 03/8/2021 03:32 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Caribbean Utilities (TSE:CUP.U) Frequently Asked Questions

Is Caribbean Utilities a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Caribbean Utilities in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Caribbean Utilities stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CUP.U, but not buy additional shares or sell existing shares.
View analyst ratings for Caribbean Utilities or view top-rated stocks.

What stocks does MarketBeat like better than Caribbean Utilities?

Wall Street analysts have given Caribbean Utilities a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Caribbean Utilities wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Caribbean Utilities' stock was trading at C$15.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CUP.U shares have decreased by 2.5% and is now trading at C$15.10.
View which stocks have been most impacted by COVID-19.

Is Caribbean Utilities a good dividend stock?

Caribbean Utilities pays an annual dividend of C$0.70 per share and currently has a dividend yield of 4.64%. CUP.U has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Caribbean Utilities is 94.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Caribbean Utilities' dividend history.

What price target have analysts set for CUP.U?

1 equities research analysts have issued 1 year price objectives for Caribbean Utilities' stock. Their forecasts range from C$15.50 to C$15.50. On average, they expect Caribbean Utilities' share price to reach C$15.50 in the next year. This suggests a possible upside of 2.6% from the stock's current price.
View analysts' price targets for Caribbean Utilities or view top-rated stocks among Wall Street analysts.

Who are Caribbean Utilities' key executives?

Caribbean Utilities' management team includes the following people:

Mr. J. F. Richard Hew, Pres, CEO & Director (Age 54)
Ms. Letitia T. Lawrence, VP of Fin., Corp. Services, Company Sec. & CFO
Mr. David C. Watler, VP of Operations
Mr. Sacha Nikolai Tibbetts, VP of Customer Services & Technology
Claire Stafford, Compliance Officer and Assistant Corp. Sec.

Who are some of Caribbean Utilities' key competitors?

Some companies that are related to Caribbean Utilities include Crius Energy Unt (KWH.UN), Synex International (SXI), Greencoat Renewables (GRP), Plutus PowerGen (PPG), Capital Power (CPXWF), Caribbean Utilities (CUPUF), Clearway Energy (CWEN.A), Clearway Energy (CWEN/A), Endesa (ELEZY), Equatorial Energia (EQUEY), ERM Power (EPW), Hydro One (HRNNF), KSK Power Ventur plc (KSK.L) (KSK), Locality Planning Energy (LPE) and Pacific Energy (PEA).
View all of CUP.U's competitors.

What is Caribbean Utilities' stock symbol?

Caribbean Utilities trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CUP.U."

How do I buy shares of Caribbean Utilities?

Shares of CUP.U 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 Caribbean Utilities' stock price today?

One share of CUP.U stock can currently be purchased for approximately C$15.10.

How much money does Caribbean Utilities make?

Caribbean Utilities has a market capitalization of C$563.91 million and generates C$177.45 million in revenue each year.

How many employees does Caribbean Utilities have?

Caribbean Utilities employs 226 workers across the globe.

What is Caribbean Utilities' official website?

The official website for Caribbean Utilities is www.cuc-cayman.com.

Where are Caribbean Utilities' headquarters?

Caribbean Utilities is headquartered at 457 North Sound Road, P.O. Box 38, GRAND CAYMAN, KY1-1101, Cayman Islands.

How can I contact Caribbean Utilities?

Caribbean Utilities' mailing address is 457 North Sound Road, P.O. Box 38, GRAND CAYMAN, KY1-1101, Cayman Islands. The company can be reached via phone at +1-345-9495200.

This page was last updated on 3/8/2021 by MarketBeat.com Staff

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