TSE:CUP.U

Caribbean Utilities (CUP.U) Stock Price, News & Analysis

C$13.84
+0.14 (+1.02%)
(As of 04/23/2024 ET)
Today's Range
C$13.75
C$13.90
50-Day Range
C$11.51
C$14.24
52-Week Range
C$10.54
C$14.35
Volume
6,300 shs
Average Volume
2,636 shs
Market Capitalization
C$527.17 million
P/E Ratio
13.84
Dividend Yield
5.20%
Price Target
C$12.50

Caribbean Utilities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.7% Downside
C$12.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.62 out of 5 stars

CUP.U stock logo

About Caribbean Utilities Stock (TSE:CUP.U)

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.

CUP.U Stock Price History

CUP.U Stock News Headlines

The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
San Diego is the Perfect Destination for Escaping the Cold
Caribbean Utilities Co Ltd CUP.U
See More Headlines
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Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
226
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$12.50
High Stock Price Target
C$12.50
Low Stock Price Target
C$12.50
Potential Upside/Downside
-9.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
C$37.69 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$287.22 million
Cash Flow
C$0.23 per share
Book Value
C$8.54 per share

Miscellaneous

Free Float
N/A
Market Cap
C$527.17 million
Optionable
Not Optionable
Beta
0.45
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Key Executives

  • Mr. J. F. Richard Hew (Age 54)
    Pres, CEO & Director
  • 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.

CUP.U Stock Analysis - Frequently Asked Questions

Should I buy or sell Caribbean Utilities stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Caribbean Utilities in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CUP.U shares. 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 CUP.U analyst ratings
or view top-rated stocks.

What is Caribbean Utilities' stock price target for 2024?

1 equities research analysts have issued 12 month price targets for Caribbean Utilities' shares. Their CUP.U share price targets range from C$12.50 to C$12.50. On average, they expect the company's share price to reach C$12.50 in the next twelve months. This suggests that the stock has a possible downside of 9.7%.
View analysts price targets for CUP.U
or view top-rated stocks among Wall Street analysts.

How have CUP.U shares performed in 2024?

Caribbean Utilities' stock was trading at C$10.90 at the beginning of 2024. Since then, CUP.U stock has increased by 27.0% and is now trading at C$13.84.
View the best growth stocks for 2024 here
.

Is Caribbean Utilities a good dividend stock?

Caribbean Utilities (TSE:CUP.U) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 5.25%. CUP.U has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CUP.U.

How do I buy shares of Caribbean Utilities?

Shares of CUP.U 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:CUP.U) was last updated on 4/24/2024 by MarketBeat.com Staff

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