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TSE:CU

Canadian Utilities (CU) Stock Price, News & Analysis

C$34.54
-0.14 (-0.40%)
(As of 09/6/2024 ET)
Today's Range
C$34.26
C$34.82
50-Day Range
C$29.49
C$34.68
52-Week Range
C$28.13
C$35.05
Volume
401,455 shs
Average Volume
503,966 shs
Market Capitalization
C$7.08 billion
P/E Ratio
17.44
Dividend Yield
5.24%
Price Target
C$36.17

Canadian Utilities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
4.7% Upside
C$36.17 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.01mentions of Canadian Utilities in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
C$3,473 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.

0.55 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

3 TSX Stocks Under $100 to Buy in September
Canadian Utilities A (CU) Gets a Hold from BMO Capital
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
CU INC. ANNOUNCES DEBENTURE ISSUE
CANADIAN UTILITIES LIMITED NORMAL COURSE ISSUER BID
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Canadian Utilities Ltd (CU-PC.TO)
See More Headlines
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Company Calendar

Last Earnings
8/02/2024
Ex-Dividend for 9/1 Dividend
8/08/2024
Dividend Payable
9/01/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024

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$36.17
High Stock Price Target
C$37.00
Low Stock Price Target
C$35.00
Potential Upside/Downside
+4.7%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
C$537 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.74 billion
Cash Flow
C$3.13 per share
Book Value
C$19.77 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.08 billion
Optionable
Not Optionable
Beta
0.65
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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: $1.45M
  • Mr. Wayne K. Stensby (Age 57)
    Chief Operating Officer of ATCO Energy Systems
    Comp: $1.64M
  • Ms. Rebecca A. Penrice (Age 49)
    Executive Vice President of Corporate Services
    Comp: $1.02M
  • Ms. Katherine-Jane Patrick (Age 45)
    Executive VP & CFO
  • Mr. Alan M. Skiffington
    VP & Chief Information Officer
  • Mr. Myles Dougan
    Director of Investor Relations & External Reporting
  • Mr. Kyle M. Brunner
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Kurt Kadatz
    Senior Communications Manager
  • Ms. Lisa Cooke
    Senior VP & Chief Marketing Officer

CU Stock Analysis - Frequently Asked Questions

How have CU shares performed this year?

Canadian Utilities' stock was trading at C$31.89 at the start of the year. Since then, CU shares have increased by 8.3% and is now trading at C$34.54.
View the best growth stocks for 2024 here
.

How were Canadian Utilities' earnings last quarter?

Canadian Utilities Limited (TSE:CU) posted its earnings results on Friday, August, 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.01. The company earned $860 million during the quarter. Canadian Utilities had a net margin of 16.43% and a trailing twelve-month return on equity of 8.72%.

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 other stocks do shareholders of Canadian Utilities own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Utilities investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Toronto-Dominion Bank (TD) and Vermilion Energy (VET).

This page (TSE:CU) was last updated on 9/7/2024 by MarketBeat.com Staff

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