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

Company Overview

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.

Key Stats

• Today's Range: C$13.51 to C$13.52
• 50-Day Range: C$13.69 to C$14.45
• 52-Week Range: C$10.54 to C$14.49
• Volume: 20,690 shs
• Average Volume: 3,859 shs
• Market Capitalization: C$518.38 million
• P/E Ratio: 13.25
• Dividend Yield: 5.48%
• Price Target: C$14.00
• Consensus Rating: Hold

Caribbean Utilities Stock Analysis - MarketRank™

Caribbean Utilities scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

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.

Amount of Analyst Coverage

Caribbean Utilities has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Caribbean Utilities is 13.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Caribbean Utilities is 13.25, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.65.

Price to Earnings Growth Ratio

Caribbean Utilities has a PEG Ratio of 3.00. 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 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CUP.U.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Caribbean Utilities is a leading dividend payer. It pays a dividend yield of 5.27%, 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 72.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CUP.U.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

Caribbean Utilities has a news sentiment score of 0.34. 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 lower news sentiment than the 0.46 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Caribbean Utilities this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Caribbean Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Caribbean Utilities insiders have not sold or bought any company stock.

Percentage Held by Insiders

58.31% of the stock of Caribbean Utilities is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.06% of the stock of Caribbean Utilities is held by institutions.

CUP.U Stock Analysis - Frequently Asked Questions

How have CUP.U shares performed this year?

Caribbean Utilities' stock was trading at C$10.90 at the beginning of the year. Since then, CUP.U shares have increased by 23.9% and is now trading at C$13.51.
View the best growth stocks for 2024 here.

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.
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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Regulated Electric
• Sub-Industry: N/A
• Current Symbol: TSE:CUP.U
• CUSIP: N/A
• CIK: N/A
• Web: www.cuc-cayman.com
• Phone: +1-345-9495200
• Fax: N/A
• Employees: 226
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$14.00
• High Stock Price Target: C$14.00
• Low Stock Price Target: C$14.00
• Potential Upside/Downside: +3.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.02
• Trailing P/E Ratio: 13.25
• Forward P/E Ratio: 12.09
• P/E Growth: 3
• Net Income: C$38.76 million
• Net Margins: 13.81%
• Pretax Margin: N/A
• Return on Equity: 12.40%
• Return on Assets: 3.13%

Debt

• Debt-to-Equity Ratio: 125.07
• Current Ratio: 0.97
• Quick Ratio: 0.27

Sales & Book Value

• Annual Sales: C$287.75 million
• Price / Sales: 1.80
• Cash Flow: C$0.23 per share
• Price / Cash Flow: 59.48
• Book Value: C$8.61 per share
• Price / Book: 1.57

Miscellaneous

• Outstanding Shares: 38,370,000
• Free Float: N/A
• Market Cap: C$518.38 million
• Optionable: Not Optionable
• Beta: 0.42