TSE:CU

31.84
0.01 (0.03%) 1d
0

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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

The stock of Canadian Utilities has experienced a drop due to the overall sector's sensitivity to rising interest rates. However, with interest rates stabilizing, the stock has shown signs of recovery. The company is considered a good option for income, with a safe dividend. Some experts recommend holding onto the stock despite the sell-off, while others suggest better growth opportunities in alternative stocks such as AQN, FTS, and BIP.UN.

Consensus
Mixed
Valuation
Fair Value
HOLD
Canadian Utilities

Not sure why stock's dropped. Group as a whole has pulled back because of rising interest rates. With interest rates stabilizing in the past month, stock's played catch up. Good sector for income, dividend safe. FTS is her core utility name.

electrical / electronic
HOLD
Canadian Utilities

The sector is fairly interest-rate sensitive, so it's sold off. Nothing wrong with it, so you can hold if you own it. But better opportunities such as AQN, FTS, and BIP.UN, and it all has to do with their growth outlook. 

electrical / electronic
COMMENT
Canadian Utilities

Editor's Note: The question was on his preference between T and CU. Total revenue at Telus was up 16% and the capex is down which is good. It is pricey at 25X. CU is a low risk utility and has a very nice dividend and price. Since it has low growth he prefers Telus.

electrical / electronic
HOLD
Canadian Utilities

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no news that would account for the correction. Dividend stocks may see some weakness if there are rate fears. The stock also fell below its 50-day moving average so this may have caused some technical selling. Unlock Premium - Try 5i Free

electrical / electronic
HOLD
Canadian Utilities
CU vs. EMA Both are good and highly regulated. EMA is on the east coast, whereas CU is on the west. EMA is like a FTS-light. See his Top Picks for suggestions that are more attractively priced with more capital upside.
electrical / electronic
WEAK BUY
Canadian Utilities

They're focused on Alberta. Likes it. They've transitioned well to having more regulated cash flows, but there's less growth than Northland Power or Boralex, but CU has a cheaper PE. It's a steady eddy.

electrical / electronic
WEAK BUY
Canadian Utilities

Likes it. He owns Fortis and Emera instead, though. CU is landlocked in Alberta, which is a problem. Their dividend is solid and will grow. But this ranks third between the other two names here.

electrical / electronic
HOLD
Canadian Utilities

He likes utilities; defensive and paying good dividends in a low rate environment. CU depends on Alberta, which is challenged by oil. He prefers Fortis and Boralex, Innergex and AQN-T, which will maintain or increase current stock levels. If you own this, hold it and wait for a recovery; the dividend is safe.

electrical / electronic
BUY
Canadian Utilities
Their future plans? A great stock over the years. A well-run dividend player. Doesn't know what their future plans are.
electrical / electronic
DON'T BUY
Canadian Utilities

CU recently sold off a lot of its electricity-generating assets, so still good? He'd rather shift to an Enbridge or Altagas. Electricity generation is low-growth and heavily regulated. Long-term utility rates won't move much and inflation will kick back in.

electrical / electronic
DON'T BUY
Canadian Utilities
Yield is OK, but not that exciting. He holds ZWU instead, which writes covered calls, with a yield of over 6%. ZWU gives you instant diversification. Yield is 4.64%.
electrical / electronic
COMMENT
Canadian Utilities
They sold off all generation assets in Canada. He is not sure what they are using the proceeds for. The stock will be affected by whether bond yields continue to drop.
electrical / electronic
BUY
Canadian Utilities

CU vs. H Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.

electrical / electronic
PAST TOP PICK
Canadian Utilities
(A Top Pick Jul 30/18, Up 25%) Interest rates will likely go down, so utilities will rise. He'll stick with utilities.
electrical / electronic
HOLD
Canadian Utilities
An Alberta company owned by ATCO. Regulations in the province may be changing following the election. Perhaps coal will make a resurgence? You own this for the dividends. With interest rates perhaps looking higher it might become vulnerable.
electrical / electronic
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Canadian Utilities(CU-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Canadian Utilities is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Utilities(CU-T) Frequently Asked Questions

What is Canadian Utilities stock symbol?

Canadian Utilities is a Canadian stock, trading under the symbol CU-T on the Toronto Stock Exchange (CU-CT). It is usually referred to as TSX:CU or CU-T

Is Canadian Utilities a buy or a sell?

In the last year, 2 stock analysts published opinions about CU-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Utilities.

Is Canadian Utilities a good investment or a top pick?

Canadian Utilities was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Utilities.

Why is Canadian Utilities stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canadian Utilities worth watching?

2 stock analysts on Stockchase covered Canadian Utilities In the last year. It is a trending stock that is worth watching.

What is Canadian Utilities stock price?

On 2024-05-17, Canadian Utilities (CU-T) stock closed at a price of $31.84.