National Bank Financial Weighs in on TSE:CU FY2025 Earnings

Canadian Utilities Limited (TSE:CUFree Report) – Analysts at National Bank Financial lifted their FY2025 earnings per share estimates for Canadian Utilities in a research report issued to clients and investors on Sunday, November 17th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $2.45 per share for the year, up from their prior estimate of $2.43. The consensus estimate for Canadian Utilities’ current full-year earnings is $2.41 per share.

A number of other equities analysts have also recently issued reports on CU. Scotiabank increased their price objective on shares of Canadian Utilities from C$34.00 to C$36.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Royal Bank of Canada increased their price target on shares of Canadian Utilities from C$38.00 to C$39.00 in a research report on Friday. CIBC lifted their price objective on Canadian Utilities from C$34.00 to C$35.00 and gave the company a “neutral” rating in a report on Tuesday, August 6th. National Bankshares upped their price objective on Canadian Utilities from C$34.00 to C$37.00 in a research note on Friday, August 23rd. Finally, BMO Capital Markets raised their target price on Canadian Utilities from C$35.50 to C$37.00 in a research report on Thursday, September 5th.

Check Out Our Latest Stock Report on Canadian Utilities

Canadian Utilities Price Performance

Shares of CU stock opened at C$35.07 on Tuesday. Canadian Utilities has a one year low of C$29.15 and a one year high of C$37.10. The company has a debt-to-equity ratio of 149.94, a quick ratio of 1.30 and a current ratio of 1.29. The business has a fifty day moving average price of C$35.45. The company has a market capitalization of C$7.19 billion, a PE ratio of 17.67, a P/E/G ratio of 2.38 and a beta of 0.66.

Canadian Utilities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.453 per share. The ex-dividend date is Thursday, November 7th. This represents a $1.81 annualized dividend and a yield of 5.17%. Canadian Utilities’s dividend payout ratio is 91.41%.

About Canadian Utilities

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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.

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