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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:CU

Canadian Utilities (CU) Stock Price, News & Analysis

C$30.85
+0.16 (+0.52%)
(As of 03/28/2024 ET)
Today's Range
C$30.56
C$30.88
50-Day Range
C$29.57
C$31.67
52-Week Range
C$28.13
C$39.87
Volume
292,746 shs
Average Volume
505,282 shs
Market Capitalization
C$6.30 billion
P/E Ratio
13.24
Dividend Yield
5.87%
Price Target
C$35.71

Canadian Utilities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
15.8% Upside
C$35.71 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Canadian Utilities in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
C$1.54 M Sold Last Quarter
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.

1.62 out of 5 stars

CU stock logo

About Canadian Utilities Stock (TSE:CU)

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; 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, 11 compressor sites, approximately 3,600 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The ATCO EnPower segment provides hydro, solar, wind, and natural gas electricity generation; natural gas storage; industrial water solutions; clean fuels, including hydrogen, carbon capture, and underground storage projects; and related infrastructure development in Alberta, the Yukon, the Northwest Territories, Australia, Ontario, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas; and provides whole-home solutions. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.

CU Stock Price History

CU Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Best 5-year GIC Rates In Canada
Canadian Utilities 4Q Profit Rises
CANADIAN UTILITIES REPORTS 2023 EARNINGS
2 Stable Stocks for Sleep-Better Investing
Could Canadian Utilities Stock Help You Become a Millionaire?
CU:CA Canadian Utilities Limited
Canadian Utilities Ltd. Cl A
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
1/31/2024
Last Earnings
2/29/2024
Dividend Payable
3/01/2024
Today
3/28/2024
Next Earnings (Estimated)
4/25/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
9,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$35.71
High Stock Price Target
C$40.00
Low Stock Price Target
C$33.00
Potential Upside/Downside
+15.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
C$630 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.80 billion
Cash Flow
C$2.80 per share
Book Value
C$19.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$6.30 billion
Optionable
Not Optionable
Beta
0.60
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Key Executives

  • Ms. Nancy C. Southern (Age 67)
    Executive Chair & CEO
    Comp: $2.52M
  • Mr. Robert J. Myles B. Eng. (Age 59)
    B.Sc., P.Eng., Chief Operating Officer of ATCO EnPower
    Comp: $1.15M
  • Ms. Rebecca A. Penrice (Age 49)
    Executive Vice President of Corporate Services
    Comp: $1.11M
  • Ms. Melanie L. Bayley (Age 46)
    President of ATCO Electric Ltd
    Comp: $1.18M
  • Mr. Alan M. Skiffington
    VP & Chief Information Officer
  • Mr. Myles Dougan
    Director of Investor Relations & External Reporting
  • Mr. Kurt Kadatz
    Senior Communications Manager
  • Ms. Lisa Cooke
    Senior VP & Chief Marketing Officer
  • Mr. Deanna M. Girard
    Vice President of Human Resources
  • Mr. Brian R. Bale (Age 69)
    Special Advisor to the CEO and Senior VP of IT & Real Estate
    Comp: $377.33k

CU Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian Utilities stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Utilities in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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?

7 brokerages have issued 1 year price targets for Canadian Utilities' stock. Their CU share price targets range from C$33.00 to C$40.00. On average, they anticipate the company's stock price to reach C$35.71 in the next year. This suggests a possible upside of 15.8% 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 2024?

Canadian Utilities' stock was trading at C$31.89 on January 1st, 2024. Since then, CU shares have decreased by 3.3% and is now trading at C$30.85.
View the best growth stocks for 2024 here
.

When is Canadian Utilities' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CU earnings forecast
.

How were Canadian Utilities' earnings last quarter?

Canadian Utilities Limited (TSE:CU) announced its earnings results on Thursday, February, 29th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.02. The company had revenue of $974 million for the quarter. Canadian Utilities had a trailing twelve-month return on equity of 10.08% and a net margin of 18.63%.

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

Canadian Utilities declared a quarterly dividend on Thursday, January 11th. Investors of record on Thursday, February 1st will be given a dividend of 0.453 per share on Friday, March 1st. This represents a $1.81 annualized dividend and a yield of 5.87%. The ex-dividend date of this dividend is Wednesday, January 31st. This is a boost from the stock's previous quarterly dividend of C$0.45.
Read our dividend analysis for CU
.

Is Canadian Utilities a good dividend stock?

Canadian Utilities (TSE:CU) pays an annual dividend of C$1.81 per share and currently has a dividend yield of 5.89%. CU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 77.68%. 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), Wheaton Precious Metals (WPM) and 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 3/29/2024 by MarketBeat.com Staff

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