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TSE:CU

Canadian Utilities (CU) Stock Price, News & Analysis

Canadian Utilities logo
C$36.37 +0.37 (+1.03%)
(As of 05:18 PM ET)

About Canadian Utilities Stock (TSE:CU)

Key Stats

Today's Range
C$35.96
C$36.47
50-Day Range
C$34.26
C$36.97
52-Week Range
C$29.15
C$37.10
Volume
494,337 shs
Average Volume
504,695 shs
Market Capitalization
C$7.45 billion
P/E Ratio
18.37
Dividend Yield
4.98%
Price Target
C$36.80
Consensus Rating
Hold

Company Overview

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.

Canadian Utilities Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

CU MarketRank™: 

Canadian Utilities scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Canadian Utilities has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Canadian Utilities has only been the subject of 1 research reports in the past 90 days.

  • Read more about Canadian Utilities' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Canadian Utilities is 18.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.27.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Canadian Utilities is 18.37, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.16.

  • Price to Earnings Growth Ratio

    Canadian 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 Ratio

    Canadian Utilities has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CU.
  • Dividend Leadership

    Canadian Utilities is a leading dividend payer. It pays a dividend yield of 5.09%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Canadian Utilities does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Canadian Utilities is 91.41%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Canadian Utilities' dividend.
  • Short Interest

    There is no current short interest data available for CU.
  • News Sentiment

    Canadian Utilities has a news sentiment score of 0.80. 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 higher news sentiment than the 0.56 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Canadian Utilities this week, compared to 3 articles on an average week.
  • Search Interest

    7 people have searched for CU on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Canadian Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Canadian Utilities insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,473.00 in company stock.

  • Percentage Held by Insiders

    37.58% of the stock of Canadian Utilities is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 14.11% of the stock of Canadian Utilities is held by institutions.

  • Read more about Canadian Utilities' insider trading history.
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CU Stock News Headlines

‘Tis the season for tax-loss selling and charitable giving
Canadian Utilities Backs South Australia’s Hydrogen Leap
Election warning coming true…
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
Canadian Utilities Advances Hydrogen Rail Technology
Canadian Utilities A (CU) Receives a Hold from RBC Capital
Canadian Utilities Reports Earnings and Project Advances
See More Headlines

CU Stock Analysis - Frequently Asked Questions

Canadian Utilities' stock was trading at C$31.89 on January 1st, 2024. Since then, CU stock has increased by 14.0% and is now trading at C$36.37.
View the best growth stocks for 2024 here
.

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.

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), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Enbridge (ENB).

Company Calendar

Ex-Dividend for 12/1 Dividend
11/07/2024
Dividend Payable
12/01/2024
Today
12/03/2024

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$36.80
High Stock Price Target
C$39.00
Low Stock Price Target
C$35.00
Potential Upside/Downside
+1.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
C$537 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.74 billion
Cash Flow
C$3.30 per share
Book Value
C$19.77 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.45 billion
Optionable
Not Optionable
Beta
0.66
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This page (TSE:CU) was last updated on 12/3/2024 by MarketBeat.com Staff
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