Canadian Utilities（CUD）株式概要カナディアン・ユーティリティーズ社は、その子会社とともに、カナダ、オーストラリア、および海外で電力、天然ガス、再生可能エネルギー、パイプライン、液体事業に従事している。 詳細CUD ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長4/6過去の実績0/6財務の健全性1/6配当金3/6報酬収益は年間79.8%増加すると予測されています リスク分析3.72%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 利払いは収益で十分にカバーされない 利益率(0.8%)は昨年より低い(10.6%) 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るCUD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€30.6631.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07b2016201920222025202620282031Revenue CA$7.0bEarnings CA$56.7mAdvancedSet Fair ValueView all narrativesCanadian Utilities Limited 競合他社MVV EnergieSymbol: XTRA:MVV1Market cap: €2.0bMainovaSymbol: DB:MNV6Market cap: €2.4bE.ONSymbol: XTRA:EOANMarket cap: €48.4bGelsenwasserSymbol: DB:WWGMarket cap: €1.9b価格と性能株価の高値、安値、推移の概要Canadian Utilities過去の株価現在の株価CA$30.6652週高値CA$31.3052週安値CA$22.85ベータ0.591ヶ月の変化2.27%3ヶ月変化5.76%1年変化26.07%3年間の変化23.63%5年間の変化31.03%IPOからの変化47.33%最新ニュースお知らせ • Apr 12Canadian Utilities Limited to Report Q1, 2026 Results on May 06, 2026Canadian Utilities Limited announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 06, 2026お知らせ • Apr 11Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2026The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends: $0.4623 per share on Class A non-voting and $0.4623 per share on Class B common. Payment Date is June 1, 2026. Record Date is May 7, 2026.お知らせ • Apr 08Atco Ltd., Canadian Utilities Limited and Cu Inc Announce Resignation of Roger Urwin from the BoardATCO Ltd. announced that Roger Urwin has resigned from the Boards of ATCO Ltd., Canadian Utilities Limited, CU Inc., and ATCO Australia. In the interim, board and committee responsibilities will be reassigned as appropriate to ensure continuity of oversight.お知らせ • Feb 07Canadian Utilities Limited to Report Fiscal Year 2025 Results on Feb 26, 2026Canadian Utilities Limited announced that they will report fiscal year 2025 results on Feb 26, 2026お知らせ • Feb 04Canadian Utilities Limited, Annual General Meeting, May 07, 2026Canadian Utilities Limited, Annual General Meeting, May 07, 2026.お知らせ • Jan 09Canadian Utilities Limited Declares Quarterly Dividend, Payable March 1, 2026Canadian Utilities Limited declared a first quarter dividend of 46.23 cents per Class A non-voting and Class B common share, a 1% increase over the 45.77 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2026, to shareholders of record on February 5, 2026.最新情報をもっと見るRecent updatesお知らせ • Apr 12Canadian Utilities Limited to Report Q1, 2026 Results on May 06, 2026Canadian Utilities Limited announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 06, 2026お知らせ • Apr 11Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2026The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends: $0.4623 per share on Class A non-voting and $0.4623 per share on Class B common. Payment Date is June 1, 2026. Record Date is May 7, 2026.お知らせ • Apr 08Atco Ltd., Canadian Utilities Limited and Cu Inc Announce Resignation of Roger Urwin from the BoardATCO Ltd. announced that Roger Urwin has resigned from the Boards of ATCO Ltd., Canadian Utilities Limited, CU Inc., and ATCO Australia. In the interim, board and committee responsibilities will be reassigned as appropriate to ensure continuity of oversight.お知らせ • Feb 07Canadian Utilities Limited to Report Fiscal Year 2025 Results on Feb 26, 2026Canadian Utilities Limited announced that they will report fiscal year 2025 results on Feb 26, 2026お知らせ • Feb 04Canadian Utilities Limited, Annual General Meeting, May 07, 2026Canadian Utilities Limited, Annual General Meeting, May 07, 2026.お知らせ • Jan 09Canadian Utilities Limited Declares Quarterly Dividend, Payable March 1, 2026Canadian Utilities Limited declared a first quarter dividend of 46.23 cents per Class A non-voting and Class B common share, a 1% increase over the 45.77 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2026, to shareholders of record on February 5, 2026.お知らせ • Oct 11Canadian Utilities Limited to Report Q3, 2025 Results on Nov 07, 2025Canadian Utilities Limited announced that they will report Q3, 2025 results on Nov 07, 2025お知らせ • Aug 22+ 1 more updateATCO Energy Systems Achieves Milestone on Yellowhead Pipeline Project with Approval of Key Regulatory FilingATCO Energy Systems announced that the Alberta Utilities Commission (AUC) has approved the Need Assessment Application for the Yellowhead Pipeline Project, marking a major milestone in the development of Alberta's energy infrastructure. The Yellowhead Pipeline will strategically expand the capacity of Alberta's highly integrated natural gas transmission system. Spanning just over 230 kilometres from the Peers area to Fort Saskatchewan, the pipeline will deliver more than 1,200 terajoules (1.1 billion cubic feet) of natural gas per day, underpinning economic and population growth within the province. The Need Assessment Application is the first of two key regulatory filings that require approval from the Alberta Utilities Commission to advance the project. ATCO Energy Systems will file a separate facilities application later this year to seek AUC approval for construction and operation of the physical infrastructure and expects construction to commence in 2026.お知らせ • Jul 11+ 1 more updateCanadian Utilities Limited Declares Quarterly Cash Dividend, Payable on 01 September, 2025Canadian Utilities Limited has declared the following quarterly dividends of CAD 0.4577 per share on Class A non-voting and Class B common share. Record Date is 07 August, 2025 and Payment Date is 01 September, 2025.お知らせ • May 09+ 1 more updateCanadian Utilities Limited Announces the Appointment of Bob Myles as Chief Executive Officer, Effective May 8, 2025Canadian Utilities Limited announced that its Board of Directors has appointed Bob Myles as the Chief Executive Officer of the company, effective May 8, 2025. In his role as Chief Executive Officer, Mr. Myles has overall accountability for Canadian Utilities' businesses – including ATCO Energy Systems in Alberta and Canada's North and ATCO EnPower in Ontario, Alberta, Mexico and Chile. He also has oversight of Canadian Utilities' investment in LUMA Energy, which operates Puerto Rico's electric transmission and distribution system. Canadian Utilities'Australia division will continue to be led by ATCO Australia CEO and Country Chair John Ivulich, who continues to report to the ATCO Australia Board of Directors. Mr. Myles previously held the role of President & Chief Operating Officer, Canadian Utilities and brings a wealth of utilities, commercial, and energy development experience, from both within and outside of the ATCO group of companies. Over his 20 years of experience as part of ATCO, Mr. Myles has held senior roles in the natural gas distribution, transmission and midstream companies of ATCO, including serving as President, ATCO Pipelines, President, ATCO Energy Solutions, Managing Director, ATCO Energy Services and President, ATCO Midstream. Before re-joining ATCO in 2020, Mr. Myles was the President and CEO of Tartan Canada Corporation and the Chief Operating Officer of Stuart Olson Industrial Group where he led operations from 2016 to 2019. In 2020, he returned to ATCO as Executive Vice President, Corporate Development, a role he held until 2023 when he was appointed Chief Operating Officer, ATCO EnPower. He was appointed President and Chief Operating Officer, Canadian Utilities Limited in January 2025, and to his current role of Chief Executive Officer, Canadian Utilities effective May 8, 2025.お知らせ • Apr 15Canadian Utilities Limited announces Quarterly dividend, payable on June 01, 2025Canadian Utilities Limited announced Quarterly dividend of CAD 0.4577 per share payable on June 01, 2025, ex-date on May 01, 2025 and record date on May 01, 2025.お知らせ • Apr 10Canadian Utilities Limited to Report Q1, 2025 Results on May 07, 2025Canadian Utilities Limited announced that they will report Q1, 2025 results on May 07, 2025お知らせ • Feb 05Canadian Utilities Limited, Annual General Meeting, May 08, 2025Canadian Utilities Limited, Annual General Meeting, May 08, 2025.お知らせ • Feb 03Canadian Utilities Limited to Report Fiscal Year 2024 Results on Feb 27, 2025Canadian Utilities Limited announced that they will report fiscal year 2024 results on Feb 27, 2025お知らせ • Jan 10Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Shares, Payable on March 1, 2025The Board of Directors of Canadian Utilities Limited declared a first quarter dividend of 45.77 cents per Class A non-voting and Class B common share, a 1% increase over the 45.31 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2025, to shareholders of record on February 6, 2025.お知らせ • Jan 02Canadian Utilities Limited Appoints Jennifer Westacott Ao to Its Board of DirectorsCanadian Utilities Limited appointed Jennifer Westacott AO to its Board of Directors, effective immediately. Ms. Westacott's wide-ranging background in leadership and policy development includes her role as the Chief Executive of the Business Council of Australia from 2011 to 2023. She is Chair of the Western City & Aerotropolis Authority, Studio Schools of Australia and Future Generation Global. She has also held senior leadership positions in the New South Wales and Victoria governments. In addition to her public sector experience, Ms. Westacott was a senior partner at KPMG, advising major corporations on climate change, sustainability, and significant reform priorities. She was awarded an Officer of the Order of Australia (AO) in 2018 for her service to policy development and reform, cross-sector collaboration, equity, and business. She currently serves as the Chancellor of Western Sydney University.Reported Earnings • Nov 15Third quarter 2024 earnings released: CA$0.03 loss per share (vs CA$0.39 profit in 3Q 2023)Third quarter 2024 results: CA$0.03 loss per share (down from CA$0.39 profit in 3Q 2023). Revenue: CA$810.0m (flat on 3Q 2023). Net income: CA$12.0m (down 89% from 3Q 2023). Profit margin: 1.5% (down from 13% in 3Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Declared Dividend • Oct 21Second quarter dividend of CA$0.45 announcedShareholders will receive a dividend of CA$0.45. Ex-date: 7th November 2024 Payment date: 1st December 2024 Dividend yield will be 5.6%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control. However, EPS has declined by 9.9% over the last 5 years so the company would need to reverse this trend.お知らせ • Oct 11+ 1 more updateCanadian Utilities Limited Declares Quarterly Dividends, Payable on 01 December 2024The Board of Directors of Canadian Utilities Limited has declared the quarterly dividends: $0.4531 per share on Class A non-voting and $0.4531 per share on Class B common. Record date is 07 November 2024 and payment date is 01 December 2024.Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: CA$0.16 (vs CA$0.32 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.16 (down from CA$0.32 in 2Q 2023). Revenue: CA$860.0m (down 2.2% from 2Q 2023). Net income: CA$62.0m (down 28% from 2Q 2023). Profit margin: 7.2% (down from 9.8% in 2Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Aug 01Upcoming dividend of CA$0.45 per shareEligible shareholders must have bought the stock before 08 August 2024. Payment date: 01 September 2024. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.8%).Declared Dividend • Jul 17First quarter dividend of CA$0.45 announcedShareholders will receive a dividend of CA$0.45. Ex-date: 8th August 2024 Payment date: 1st September 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Jul 12+ 1 more updateCanadian Utilities Limited to Report Q2, 2024 Results on Aug 02, 2024Canadian Utilities Limited announced that they will report Q2, 2024 results on Aug 02, 2024New Risk • Jun 14New major risk - Revenue and earnings growthEarnings have declined by 7.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 7.4% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (127% cash payout ratio).お知らせ • May 09ATCO Energy Systems Announces Its Largest Ever Energy Infrastructure Project: Yellowhead Mainline to Drive Economic Growth in AlbertaCanadian Utilities Limited announced a new energy infrastructure project that is expected to be a significant driver of lower-carbon economic growth in Alberta. The Yellowhead Mainline project will expand the capacity and enhance the efficiency of the province's natural gas network, connecting natural gas producers to key markets and delivering the energy required for Alberta's growing population. The project is expected to create approximately 2,000 jobs during construction and will provide gas supply for the more than $20 billion of investment and associated employment in Alberta by customers, including the Dow Fort Saskatchewan Path2Zero project. The project consists of building approximately 200 kilometres of high-pressure natural gas pipeline and related control and compression facilities that will run from Peers, Alberta, to the northeast Edmonton area. Total investment for the project is expected to exceed $2 billion, with more precise cost estimation subject to further refinement of project scope, route and detailed engineering. The expansion is expected to have the capability to deliver about 1,000 terajoules (or 1 billion cubic feet) per day of incremental natural gas delivery capacity and is planned to be on-stream in Fourth Quarter 2027 with construction expected to commence in 2026, subject to regulatory and company approvals.Reported Earnings • May 03First quarter 2024 earnings released: EPS: CA$0.82 (vs CA$1.01 in 1Q 2023)First quarter 2024 results: EPS: CA$0.82 (down from CA$1.01 in 1Q 2023). Revenue: CA$1.09b (down 3.5% from 1Q 2023). Net income: CA$242.0m (down 11% from 1Q 2023). Profit margin: 22% (down from 24% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 25Upcoming dividend of CA$0.45 per shareEligible shareholders must have bought the stock before 01 May 2024. Payment date: 01 June 2024. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.6%).New Risk • Apr 22New major risk - Revenue and earnings growthEarnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 7.5% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (111% cash payout ratio).Declared Dividend • Apr 17Fourth quarter dividend of CA$0.45 announcedShareholders will receive a dividend of CA$0.45. Ex-date: 1st May 2024 Payment date: 1st June 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 2.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 13Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2024The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends: $0.4531 per share on Class A non-voting and $0.4531 per share on Class B common. Payment Date is June 1, 2024. Record Date is May 2, 2024.お知らせ • Apr 12Canadian Utilities Limited to Report Q1, 2024 Results on May 02, 2024Canadian Utilities Limited announced that they will report Q1, 2024 results on May 02, 2024Reported Earnings • Mar 01Full year 2023 earnings released: EPS: CA$2.33 (vs CA$2.07 in FY 2022)Full year 2023 results: EPS: CA$2.33 (up from CA$2.07 in FY 2022). Revenue: CA$3.80b (down 6.2% from FY 2022). Net income: CA$707.0m (up 27% from FY 2022). Profit margin: 19% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09Canadian Utilities Limited to Report Fiscal Year 2023 Results on Feb 29, 2024Canadian Utilities Limited announced that they will report fiscal year 2023 results on Feb 29, 2024お知らせ • Feb 06Canadian Utilities Limited, Annual General Meeting, May 08, 2024Canadian Utilities Limited, Annual General Meeting, May 08, 2024.Upcoming Dividend • Jan 24Upcoming dividend of CA$0.45 per share at 5.7% yieldEligible shareholders must have bought the stock before 31 January 2024. Payment date: 01 March 2024. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.5%).お知らせ • Jan 20+ 1 more updateCanadian Utilities Limited Announces the Retirement of Executive Vice President, Brian P. Shkrobot, Effective March 1, 2024Canadian Utilities Limited announced the retirement of Executive Vice President, Brian P. Shkrobot, effective March 1, 2024.お知らせ • Jan 12Canadian Utilities Limited Declares First Quarter Dividend, Payable on March 1, 2024The Board of Directors of Canadian Utilities Limited declared a first quarter dividend of 45.31 cents per Class A non-voting and Class B common share, a 1% increase over the 44.86 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2024, to shareholders of record on February 1, 2024.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CA$0.39 (vs CA$0.33 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.39 (up from CA$0.33 in 3Q 2022). Revenue: CA$812.0m (down 9.6% from 3Q 2022). Net income: CA$125.0m (up 40% from 3Q 2022). Profit margin: 15% (up from 9.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Oct 25Upcoming dividend of CA$0.45 per share at 6.2% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 01 December 2023. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.9%).お知らせ • Oct 06Canadian Utilities Limited to Report Q3, 2023 Results on Oct 26, 2023Canadian Utilities Limited announced that they will report Q3, 2023 results on Oct 26, 2023お知らせ • Sep 14Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on December 01, 2023Canadian Utilities Limited declared quarterly common dividend of 0.4486 per share on Class A non-voting shares and Class B common shares. This common share dividend is payable December 01, 2023, to shareholders of record on November 02, 2023.Recent Insider Transactions • Aug 24Independent Director recently bought €414k worth of stockOn the 16th of August, Robert J. Hanf bought around 19k shares on-market at roughly €21.81 per share. This transaction increased Robert J.'s direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €414k more in shares than they have sold in the last 12 months.New Risk • Jul 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 113% Dividend yield: 5.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (113% cash payout ratio).Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: CA$0.32 (vs CA$0.50 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.32 (down from CA$0.50 in 2Q 2022). Revenue: CA$879.0m (down 5.8% from 2Q 2022). Net income: CA$105.0m (down 22% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 26Upcoming dividend of CA$0.45 per share at 5.2% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 01 September 2023. Payout ratio and cash payout ratio are on the higher end at 77% and 84% respectively. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.6%).お知らせ • Jul 13Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on September 01, 2023Canadian Utilities Limited declared quarterly common dividend of 0.4486 per share on Class A non-voting shares and Class B common shares. This common share dividend is payable September 01, 2023, to shareholders of record on August 03, 2023.お知らせ • Jul 07Canadian Utilities Limited to Report Q2, 2023 Results on Jul 27, 2023Canadian Utilities Limited announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 27, 2023お知らせ • Jun 19Canadian Utilities Limited(TSX:CU) dropped from FTSE All-World Index (USD)Canadian Utilities Limited(TSX:CU) dropped from FTSE All-World Index (USD)お知らせ • May 06Canadian Utilities Limited Announces Executive ChangesCanadian Utilities Limited at the AGM, the shareholders approved the appointment of Kelly C. Koss-Brix and Robert J. Routs as directors.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CA$2.02 (vs CA$0.78 in 1Q 2022)First quarter 2023 results: EPS: CA$2.02 (up from CA$0.78 in 1Q 2022). Revenue: CA$1.13b (up 1.9% from 1Q 2022). Net income: CA$292.0m (up 40% from 1Q 2022). Profit margin: 26% (up from 19% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Apr 26Upcoming dividend of CA$0.45 per share at 4.5% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 01 June 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%).Reported Earnings • Mar 04Full year 2022 earnings released: EPS: CA$2.07 (vs CA$1.22 in FY 2021)Full year 2022 results: EPS: CA$2.07 (up from CA$1.22 in FY 2021). Revenue: CA$4.05b (up 15% from FY 2021). Net income: CA$632.0m (up 93% from FY 2021). Profit margin: 16% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Feb 10Canadian Utilities Limited to Report Fiscal Year 2022 Results on Mar 02, 2023Canadian Utilities Limited announced that they will report fiscal year 2022 results on Mar 02, 2023Upcoming Dividend • Jan 25Upcoming dividend of CA$0.45 per share at 4.7% yieldEligible shareholders must have bought the stock before 01 February 2023. Payment date: 01 March 2023. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (4.9%).お知らせ • Jan 13Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Share, Payable on March 1, 2023The Board of Directors of Canadian Utilities Limited declared a first quarter dividend of 44.86 cents per Class A non-voting and Class B common share, a one percent increase over the 44.42 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2023, to shareholders of record on February 2, 2023.お知らせ • Jan 07Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million.Canadian Utilities Limited (TSX:CU) entered into a definitive agreement to acquire a Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario of Suncor Energy Inc. (TSX:SU) for approximately CAD 730 million on October 5, 2022. The transaction is subject to customary closing conditions, including applicable third-party regulatory reviews and approvals. The purchase price is subject to closing adjustments typical of transactions of this nature. The transaction is expected to close in the first quarter of 2023. The acquisition is expected to be earnings and cash flow accretive in 2023. Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million on January 6, 2023.Board Change • Nov 16High number of new directorsCorporate Director Wayne Wouters was the last director to join the board, commencing their role in 2022.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CA$0.33 (vs CA$0.20 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.33 (up from CA$0.20 in 3Q 2021). Revenue: CA$898.0m (up 14% from 3Q 2021). Net income: CA$109.0m (up 98% from 3Q 2021). Profit margin: 12% (up from 7.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • Oct 26Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 02 November 2022. Payment date: 01 December 2022. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%).Board Change • Sep 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Corporate Director Wayne Wouters was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CA$933.0m (up 18% from 2Q 2021). Net income: CA$151.0m (up CA$162.0m from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 6.4% compared to a 7.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 27Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 03 August 2022. Payment date: 01 September 2022. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.2%).Recent Insider Transactions • May 28Insider recently sold €103k worth of stockOn the 24th of May, Chad Gareau sold around 4k shares on-market at roughly €29.43 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €154k more than they bought in the last 12 months.Board Change • May 08High number of new directorsIndependent Director Bob Hanf was the last director to join the board, commencing their role in 2021.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CA$0.78 (vs CA$0.46 in 1Q 2021)First quarter 2022 results: EPS: CA$0.78 (up from CA$0.46 in 1Q 2021). Revenue: CA$1.11b (up 22% from 1Q 2021). Net income: CA$209.0m (up 69% from 1Q 2021). Profit margin: 19% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 4.4% compared to a 1.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 27Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 04 May 2022. Payment date: 01 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.0%). Higher than average of industry peers (3.3%).Reported Earnings • Feb 25Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: CA$3.52b (up 8.7% from FY 2020). Net income: CA$393.0m (up 9.2% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is expected to shrink by 9.2% compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Jan 26Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 02 February 2022. Payment date: 01 March 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.9%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (3.2%).Reported Earnings • Oct 29Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CA$790.0m (up 8.7% from 3Q 2020). Net income: CA$71.0m (down 4.1% from 3Q 2020). Profit margin: 9.0% (down from 10% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 27Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 03 November 2021. Payment date: 01 December 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.3%).Recent Insider Transactions • Sep 23Insider recently sold €99k worth of stockOn the 17th of September, Melanie Bayley sold around 4k shares on-market at roughly €23.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €260k more than they bought in the last 12 months.Executive Departure • Aug 20Executive VP & CFO Dennis DeChamplain has left the companyOn the 16th of August, Dennis DeChamplain's tenure as Executive VP & CFO ended after 4.2 years in the role. As of June 2021, Dennis still personally held 23.92k shares (€569k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years.Executive Departure • Aug 20Executive VP & CFO Dennis DeChamplain has left the companyOn the 16th of August, Dennis DeChamplain's tenure as Executive VP & CFO ended after 4.2 years in the role. As of June 2021, Dennis still personally held 23.92k shares (€569k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years.Reported Earnings • Jul 30Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CA$790.0m (up 6.8% from 2Q 2020). Net income: CA$5.00m (down 91% from 2Q 2020). Profit margin: 0.6% (down from 7.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 28Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 01 September 2021. Trailing yield: 4.9%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.6%).Recent Insider Transactions • May 21Insider recently sold €78k worth of stockOn the 14th of May, D. Sharpe sold around 3k shares on-market at roughly €24.09 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €505k more than they bought in the last 12 months.Reported Earnings • May 01First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker earnings, although profit margins were flat and revenues improved. First quarter 2021 results: Revenue: CA$907.0m (up 2.5% from 1Q 2020). Net income: CA$141.0m (down 1.4% from 1Q 2020). Profit margin: 16% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 28Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 01 June 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.4%).Recent Insider Transactions • Mar 14President & CEO recently sold €71k worth of stockOn the 9th of March, Siegfried Kiefer sold around 3k shares on-market at roughly €20.93 per share. This was the largest sale by an insider in the last 3 months. Siegfried has been a seller over the last 12 months, reducing personal holdings by €268k.Reported Earnings • Feb 26Full year 2020 earnings released: EPS CA$1.31 (vs CA$3.24 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$3.23b (down 17% from FY 2019). Net income: CA$427.0m (down 52% from FY 2019). Profit margin: 13% (down from 23% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 26Revenue misses expectationsRevenue missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 8.3%, compared to a 5.6% growth forecast for the Integrated Utilities industry in Germany.Upcoming Dividend • Jan 27Upcoming Dividend of CA$0.44 Per ShareWill be paid on the 1st of March to those who are registered shareholders by the 3rd of February. The trailing yield of 5.4% is in the top quartile of German dividend payers (3.5%), and it is higher than industry peers (3.4%).Is New 90 Day High Low • Jan 22New 90-day high: €22.40The company is up 4.0% from its price of €21.60 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Integrated Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €63.03 per share.株主還元CUDDE Integrated UtilitiesDE 市場7D1.6%-0.5%0.6%1Y26.1%20.6%0.2%株主還元を見る業界別リターン: CUD過去 1 年間で20.6 % の収益を上げたGerman Integrated Utilities業界を上回りました。リターン対市場: CUD過去 1 年間で0.2 % の収益を上げたGerman市場を上回りました。価格変動Is CUD's price volatile compared to industry and market?CUD volatilityCUD Average Weekly Movement2.7%Integrated Utilities Industry Average Movement4.2%Market Average Movement6.1%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.7%安定した株価: CUD 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CUDの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19278,632Bob Myleswww.canadianutilities.comカナディアン・ユーティリティーズ・リミテッドは、その子会社とともに、カナダ、オーストラリ ア、および海外で、電力、天然ガス、再生可能エネルギー、パイプライン、液化石油事業に 従事している。ATCOエネルギー・システムズ、ATCOエンパワー、ATCOオーストラリアを通じて事業を展開している。ATCOエネルギー・システムズ部門は、アルバータ州北部および中部東部、ユーコン、ノースウエスト準州、サスカチュワン州ロイドミンスター地域で規制送配電サービス、および国際電力サービスを提供している。また、天然ガスの送配電事業も行っている。ATCOエンパワー部門は、アルバータ州、ノースウエスト準州、オンタリオ州、メキシコ、チリで発電、天然ガス貯蔵、工業用水ソリューション、関連インフラ開発を提供している。ATCOオーストラリア部門は、西オーストラリア州で規制天然ガス配給サービスと発電サービスを提供している。同社は1927年に設立され、カナダのカルガリーに本社を置いている。カナディアン・ユーティリティーズ社はATCO社の子会社である。もっと見るCanadian Utilities Limited 基礎のまとめCanadian Utilities の収益と売上を時価総額と比較するとどうか。CUD 基礎統計学時価総額€8.35b収益（TTM）€18.74m売上高(TTM)€2.30b451.0xPER（株価収益率3.7xP/SレシオCUD は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CUD 損益計算書（TTM）収益CA$3.69b売上原価CA$1.10b売上総利益CA$2.59bその他の費用CA$2.56b収益CA$30.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.11グロス・マージン70.13%純利益率0.81%有利子負債／自己資本比率179.2%CUD の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.7%現在の配当利回り1,664%配当性向CUD 配当は確実ですか？CUD 配当履歴とベンチマークを見るCUD 、いつまでに購入すれば配当金を受け取れますか？Canadian Utilities 配当日配当落ち日May 07 2026配当支払日Jun 01 2026配当落ちまでの日数15 days配当支払日までの日数10 daysCUD 配当は確実ですか？CUD 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 07:54終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Canadian Utilities Limited 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Ross FowlerBarclaysBenjamin PhamBMO Capital Markets Equity ResearchRobert HastingsCanaccord Genuity7 その他のアナリストを表示
お知らせ • Apr 12Canadian Utilities Limited to Report Q1, 2026 Results on May 06, 2026Canadian Utilities Limited announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 06, 2026
お知らせ • Apr 11Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2026The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends: $0.4623 per share on Class A non-voting and $0.4623 per share on Class B common. Payment Date is June 1, 2026. Record Date is May 7, 2026.
お知らせ • Apr 08Atco Ltd., Canadian Utilities Limited and Cu Inc Announce Resignation of Roger Urwin from the BoardATCO Ltd. announced that Roger Urwin has resigned from the Boards of ATCO Ltd., Canadian Utilities Limited, CU Inc., and ATCO Australia. In the interim, board and committee responsibilities will be reassigned as appropriate to ensure continuity of oversight.
お知らせ • Feb 07Canadian Utilities Limited to Report Fiscal Year 2025 Results on Feb 26, 2026Canadian Utilities Limited announced that they will report fiscal year 2025 results on Feb 26, 2026
お知らせ • Feb 04Canadian Utilities Limited, Annual General Meeting, May 07, 2026Canadian Utilities Limited, Annual General Meeting, May 07, 2026.
お知らせ • Jan 09Canadian Utilities Limited Declares Quarterly Dividend, Payable March 1, 2026Canadian Utilities Limited declared a first quarter dividend of 46.23 cents per Class A non-voting and Class B common share, a 1% increase over the 45.77 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2026, to shareholders of record on February 5, 2026.
お知らせ • Apr 12Canadian Utilities Limited to Report Q1, 2026 Results on May 06, 2026Canadian Utilities Limited announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 06, 2026
お知らせ • Apr 11Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2026The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends: $0.4623 per share on Class A non-voting and $0.4623 per share on Class B common. Payment Date is June 1, 2026. Record Date is May 7, 2026.
お知らせ • Apr 08Atco Ltd., Canadian Utilities Limited and Cu Inc Announce Resignation of Roger Urwin from the BoardATCO Ltd. announced that Roger Urwin has resigned from the Boards of ATCO Ltd., Canadian Utilities Limited, CU Inc., and ATCO Australia. In the interim, board and committee responsibilities will be reassigned as appropriate to ensure continuity of oversight.
お知らせ • Feb 07Canadian Utilities Limited to Report Fiscal Year 2025 Results on Feb 26, 2026Canadian Utilities Limited announced that they will report fiscal year 2025 results on Feb 26, 2026
お知らせ • Feb 04Canadian Utilities Limited, Annual General Meeting, May 07, 2026Canadian Utilities Limited, Annual General Meeting, May 07, 2026.
お知らせ • Jan 09Canadian Utilities Limited Declares Quarterly Dividend, Payable March 1, 2026Canadian Utilities Limited declared a first quarter dividend of 46.23 cents per Class A non-voting and Class B common share, a 1% increase over the 45.77 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2026, to shareholders of record on February 5, 2026.
お知らせ • Oct 11Canadian Utilities Limited to Report Q3, 2025 Results on Nov 07, 2025Canadian Utilities Limited announced that they will report Q3, 2025 results on Nov 07, 2025
お知らせ • Aug 22+ 1 more updateATCO Energy Systems Achieves Milestone on Yellowhead Pipeline Project with Approval of Key Regulatory FilingATCO Energy Systems announced that the Alberta Utilities Commission (AUC) has approved the Need Assessment Application for the Yellowhead Pipeline Project, marking a major milestone in the development of Alberta's energy infrastructure. The Yellowhead Pipeline will strategically expand the capacity of Alberta's highly integrated natural gas transmission system. Spanning just over 230 kilometres from the Peers area to Fort Saskatchewan, the pipeline will deliver more than 1,200 terajoules (1.1 billion cubic feet) of natural gas per day, underpinning economic and population growth within the province. The Need Assessment Application is the first of two key regulatory filings that require approval from the Alberta Utilities Commission to advance the project. ATCO Energy Systems will file a separate facilities application later this year to seek AUC approval for construction and operation of the physical infrastructure and expects construction to commence in 2026.
お知らせ • Jul 11+ 1 more updateCanadian Utilities Limited Declares Quarterly Cash Dividend, Payable on 01 September, 2025Canadian Utilities Limited has declared the following quarterly dividends of CAD 0.4577 per share on Class A non-voting and Class B common share. Record Date is 07 August, 2025 and Payment Date is 01 September, 2025.
お知らせ • May 09+ 1 more updateCanadian Utilities Limited Announces the Appointment of Bob Myles as Chief Executive Officer, Effective May 8, 2025Canadian Utilities Limited announced that its Board of Directors has appointed Bob Myles as the Chief Executive Officer of the company, effective May 8, 2025. In his role as Chief Executive Officer, Mr. Myles has overall accountability for Canadian Utilities' businesses – including ATCO Energy Systems in Alberta and Canada's North and ATCO EnPower in Ontario, Alberta, Mexico and Chile. He also has oversight of Canadian Utilities' investment in LUMA Energy, which operates Puerto Rico's electric transmission and distribution system. Canadian Utilities'Australia division will continue to be led by ATCO Australia CEO and Country Chair John Ivulich, who continues to report to the ATCO Australia Board of Directors. Mr. Myles previously held the role of President & Chief Operating Officer, Canadian Utilities and brings a wealth of utilities, commercial, and energy development experience, from both within and outside of the ATCO group of companies. Over his 20 years of experience as part of ATCO, Mr. Myles has held senior roles in the natural gas distribution, transmission and midstream companies of ATCO, including serving as President, ATCO Pipelines, President, ATCO Energy Solutions, Managing Director, ATCO Energy Services and President, ATCO Midstream. Before re-joining ATCO in 2020, Mr. Myles was the President and CEO of Tartan Canada Corporation and the Chief Operating Officer of Stuart Olson Industrial Group where he led operations from 2016 to 2019. In 2020, he returned to ATCO as Executive Vice President, Corporate Development, a role he held until 2023 when he was appointed Chief Operating Officer, ATCO EnPower. He was appointed President and Chief Operating Officer, Canadian Utilities Limited in January 2025, and to his current role of Chief Executive Officer, Canadian Utilities effective May 8, 2025.
お知らせ • Apr 15Canadian Utilities Limited announces Quarterly dividend, payable on June 01, 2025Canadian Utilities Limited announced Quarterly dividend of CAD 0.4577 per share payable on June 01, 2025, ex-date on May 01, 2025 and record date on May 01, 2025.
お知らせ • Apr 10Canadian Utilities Limited to Report Q1, 2025 Results on May 07, 2025Canadian Utilities Limited announced that they will report Q1, 2025 results on May 07, 2025
お知らせ • Feb 05Canadian Utilities Limited, Annual General Meeting, May 08, 2025Canadian Utilities Limited, Annual General Meeting, May 08, 2025.
お知らせ • Feb 03Canadian Utilities Limited to Report Fiscal Year 2024 Results on Feb 27, 2025Canadian Utilities Limited announced that they will report fiscal year 2024 results on Feb 27, 2025
お知らせ • Jan 10Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Shares, Payable on March 1, 2025The Board of Directors of Canadian Utilities Limited declared a first quarter dividend of 45.77 cents per Class A non-voting and Class B common share, a 1% increase over the 45.31 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2025, to shareholders of record on February 6, 2025.
お知らせ • Jan 02Canadian Utilities Limited Appoints Jennifer Westacott Ao to Its Board of DirectorsCanadian Utilities Limited appointed Jennifer Westacott AO to its Board of Directors, effective immediately. Ms. Westacott's wide-ranging background in leadership and policy development includes her role as the Chief Executive of the Business Council of Australia from 2011 to 2023. She is Chair of the Western City & Aerotropolis Authority, Studio Schools of Australia and Future Generation Global. She has also held senior leadership positions in the New South Wales and Victoria governments. In addition to her public sector experience, Ms. Westacott was a senior partner at KPMG, advising major corporations on climate change, sustainability, and significant reform priorities. She was awarded an Officer of the Order of Australia (AO) in 2018 for her service to policy development and reform, cross-sector collaboration, equity, and business. She currently serves as the Chancellor of Western Sydney University.
Reported Earnings • Nov 15Third quarter 2024 earnings released: CA$0.03 loss per share (vs CA$0.39 profit in 3Q 2023)Third quarter 2024 results: CA$0.03 loss per share (down from CA$0.39 profit in 3Q 2023). Revenue: CA$810.0m (flat on 3Q 2023). Net income: CA$12.0m (down 89% from 3Q 2023). Profit margin: 1.5% (down from 13% in 3Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Declared Dividend • Oct 21Second quarter dividend of CA$0.45 announcedShareholders will receive a dividend of CA$0.45. Ex-date: 7th November 2024 Payment date: 1st December 2024 Dividend yield will be 5.6%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control. However, EPS has declined by 9.9% over the last 5 years so the company would need to reverse this trend.
お知らせ • Oct 11+ 1 more updateCanadian Utilities Limited Declares Quarterly Dividends, Payable on 01 December 2024The Board of Directors of Canadian Utilities Limited has declared the quarterly dividends: $0.4531 per share on Class A non-voting and $0.4531 per share on Class B common. Record date is 07 November 2024 and payment date is 01 December 2024.
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: CA$0.16 (vs CA$0.32 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.16 (down from CA$0.32 in 2Q 2023). Revenue: CA$860.0m (down 2.2% from 2Q 2023). Net income: CA$62.0m (down 28% from 2Q 2023). Profit margin: 7.2% (down from 9.8% in 2Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 01Upcoming dividend of CA$0.45 per shareEligible shareholders must have bought the stock before 08 August 2024. Payment date: 01 September 2024. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.8%).
Declared Dividend • Jul 17First quarter dividend of CA$0.45 announcedShareholders will receive a dividend of CA$0.45. Ex-date: 8th August 2024 Payment date: 1st September 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Jul 12+ 1 more updateCanadian Utilities Limited to Report Q2, 2024 Results on Aug 02, 2024Canadian Utilities Limited announced that they will report Q2, 2024 results on Aug 02, 2024
New Risk • Jun 14New major risk - Revenue and earnings growthEarnings have declined by 7.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 7.4% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (127% cash payout ratio).
お知らせ • May 09ATCO Energy Systems Announces Its Largest Ever Energy Infrastructure Project: Yellowhead Mainline to Drive Economic Growth in AlbertaCanadian Utilities Limited announced a new energy infrastructure project that is expected to be a significant driver of lower-carbon economic growth in Alberta. The Yellowhead Mainline project will expand the capacity and enhance the efficiency of the province's natural gas network, connecting natural gas producers to key markets and delivering the energy required for Alberta's growing population. The project is expected to create approximately 2,000 jobs during construction and will provide gas supply for the more than $20 billion of investment and associated employment in Alberta by customers, including the Dow Fort Saskatchewan Path2Zero project. The project consists of building approximately 200 kilometres of high-pressure natural gas pipeline and related control and compression facilities that will run from Peers, Alberta, to the northeast Edmonton area. Total investment for the project is expected to exceed $2 billion, with more precise cost estimation subject to further refinement of project scope, route and detailed engineering. The expansion is expected to have the capability to deliver about 1,000 terajoules (or 1 billion cubic feet) per day of incremental natural gas delivery capacity and is planned to be on-stream in Fourth Quarter 2027 with construction expected to commence in 2026, subject to regulatory and company approvals.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: CA$0.82 (vs CA$1.01 in 1Q 2023)First quarter 2024 results: EPS: CA$0.82 (down from CA$1.01 in 1Q 2023). Revenue: CA$1.09b (down 3.5% from 1Q 2023). Net income: CA$242.0m (down 11% from 1Q 2023). Profit margin: 22% (down from 24% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 25Upcoming dividend of CA$0.45 per shareEligible shareholders must have bought the stock before 01 May 2024. Payment date: 01 June 2024. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.6%).
New Risk • Apr 22New major risk - Revenue and earnings growthEarnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 7.5% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (111% cash payout ratio).
Declared Dividend • Apr 17Fourth quarter dividend of CA$0.45 announcedShareholders will receive a dividend of CA$0.45. Ex-date: 1st May 2024 Payment date: 1st June 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 2.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 13Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2024The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends: $0.4531 per share on Class A non-voting and $0.4531 per share on Class B common. Payment Date is June 1, 2024. Record Date is May 2, 2024.
お知らせ • Apr 12Canadian Utilities Limited to Report Q1, 2024 Results on May 02, 2024Canadian Utilities Limited announced that they will report Q1, 2024 results on May 02, 2024
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: CA$2.33 (vs CA$2.07 in FY 2022)Full year 2023 results: EPS: CA$2.33 (up from CA$2.07 in FY 2022). Revenue: CA$3.80b (down 6.2% from FY 2022). Net income: CA$707.0m (up 27% from FY 2022). Profit margin: 19% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09Canadian Utilities Limited to Report Fiscal Year 2023 Results on Feb 29, 2024Canadian Utilities Limited announced that they will report fiscal year 2023 results on Feb 29, 2024
お知らせ • Feb 06Canadian Utilities Limited, Annual General Meeting, May 08, 2024Canadian Utilities Limited, Annual General Meeting, May 08, 2024.
Upcoming Dividend • Jan 24Upcoming dividend of CA$0.45 per share at 5.7% yieldEligible shareholders must have bought the stock before 31 January 2024. Payment date: 01 March 2024. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.5%).
お知らせ • Jan 20+ 1 more updateCanadian Utilities Limited Announces the Retirement of Executive Vice President, Brian P. Shkrobot, Effective March 1, 2024Canadian Utilities Limited announced the retirement of Executive Vice President, Brian P. Shkrobot, effective March 1, 2024.
お知らせ • Jan 12Canadian Utilities Limited Declares First Quarter Dividend, Payable on March 1, 2024The Board of Directors of Canadian Utilities Limited declared a first quarter dividend of 45.31 cents per Class A non-voting and Class B common share, a 1% increase over the 44.86 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2024, to shareholders of record on February 1, 2024.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CA$0.39 (vs CA$0.33 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.39 (up from CA$0.33 in 3Q 2022). Revenue: CA$812.0m (down 9.6% from 3Q 2022). Net income: CA$125.0m (up 40% from 3Q 2022). Profit margin: 15% (up from 9.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Oct 25Upcoming dividend of CA$0.45 per share at 6.2% yieldEligible shareholders must have bought the stock before 01 November 2023. Payment date: 01 December 2023. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.9%).
お知らせ • Oct 06Canadian Utilities Limited to Report Q3, 2023 Results on Oct 26, 2023Canadian Utilities Limited announced that they will report Q3, 2023 results on Oct 26, 2023
お知らせ • Sep 14Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on December 01, 2023Canadian Utilities Limited declared quarterly common dividend of 0.4486 per share on Class A non-voting shares and Class B common shares. This common share dividend is payable December 01, 2023, to shareholders of record on November 02, 2023.
Recent Insider Transactions • Aug 24Independent Director recently bought €414k worth of stockOn the 16th of August, Robert J. Hanf bought around 19k shares on-market at roughly €21.81 per share. This transaction increased Robert J.'s direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €414k more in shares than they have sold in the last 12 months.
New Risk • Jul 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 113% Dividend yield: 5.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (113% cash payout ratio).
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: CA$0.32 (vs CA$0.50 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.32 (down from CA$0.50 in 2Q 2022). Revenue: CA$879.0m (down 5.8% from 2Q 2022). Net income: CA$105.0m (down 22% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 26Upcoming dividend of CA$0.45 per share at 5.2% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 01 September 2023. Payout ratio and cash payout ratio are on the higher end at 77% and 84% respectively. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.6%).
お知らせ • Jul 13Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on September 01, 2023Canadian Utilities Limited declared quarterly common dividend of 0.4486 per share on Class A non-voting shares and Class B common shares. This common share dividend is payable September 01, 2023, to shareholders of record on August 03, 2023.
お知らせ • Jul 07Canadian Utilities Limited to Report Q2, 2023 Results on Jul 27, 2023Canadian Utilities Limited announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 27, 2023
お知らせ • Jun 19Canadian Utilities Limited(TSX:CU) dropped from FTSE All-World Index (USD)Canadian Utilities Limited(TSX:CU) dropped from FTSE All-World Index (USD)
お知らせ • May 06Canadian Utilities Limited Announces Executive ChangesCanadian Utilities Limited at the AGM, the shareholders approved the appointment of Kelly C. Koss-Brix and Robert J. Routs as directors.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CA$2.02 (vs CA$0.78 in 1Q 2022)First quarter 2023 results: EPS: CA$2.02 (up from CA$0.78 in 1Q 2022). Revenue: CA$1.13b (up 1.9% from 1Q 2022). Net income: CA$292.0m (up 40% from 1Q 2022). Profit margin: 26% (up from 19% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Apr 26Upcoming dividend of CA$0.45 per share at 4.5% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 01 June 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%).
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: CA$2.07 (vs CA$1.22 in FY 2021)Full year 2022 results: EPS: CA$2.07 (up from CA$1.22 in FY 2021). Revenue: CA$4.05b (up 15% from FY 2021). Net income: CA$632.0m (up 93% from FY 2021). Profit margin: 16% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 10Canadian Utilities Limited to Report Fiscal Year 2022 Results on Mar 02, 2023Canadian Utilities Limited announced that they will report fiscal year 2022 results on Mar 02, 2023
Upcoming Dividend • Jan 25Upcoming dividend of CA$0.45 per share at 4.7% yieldEligible shareholders must have bought the stock before 01 February 2023. Payment date: 01 March 2023. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (4.9%).
お知らせ • Jan 13Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Share, Payable on March 1, 2023The Board of Directors of Canadian Utilities Limited declared a first quarter dividend of 44.86 cents per Class A non-voting and Class B common share, a one percent increase over the 44.42 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2023, to shareholders of record on February 2, 2023.
お知らせ • Jan 07Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million.Canadian Utilities Limited (TSX:CU) entered into a definitive agreement to acquire a Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario of Suncor Energy Inc. (TSX:SU) for approximately CAD 730 million on October 5, 2022. The transaction is subject to customary closing conditions, including applicable third-party regulatory reviews and approvals. The purchase price is subject to closing adjustments typical of transactions of this nature. The transaction is expected to close in the first quarter of 2023. The acquisition is expected to be earnings and cash flow accretive in 2023. Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million on January 6, 2023.
Board Change • Nov 16High number of new directorsCorporate Director Wayne Wouters was the last director to join the board, commencing their role in 2022.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CA$0.33 (vs CA$0.20 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.33 (up from CA$0.20 in 3Q 2021). Revenue: CA$898.0m (up 14% from 3Q 2021). Net income: CA$109.0m (up 98% from 3Q 2021). Profit margin: 12% (up from 7.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • Oct 26Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 02 November 2022. Payment date: 01 December 2022. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%).
Board Change • Sep 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Corporate Director Wayne Wouters was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CA$933.0m (up 18% from 2Q 2021). Net income: CA$151.0m (up CA$162.0m from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 6.4% compared to a 7.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 27Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 03 August 2022. Payment date: 01 September 2022. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.2%).
Recent Insider Transactions • May 28Insider recently sold €103k worth of stockOn the 24th of May, Chad Gareau sold around 4k shares on-market at roughly €29.43 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €154k more than they bought in the last 12 months.
Board Change • May 08High number of new directorsIndependent Director Bob Hanf was the last director to join the board, commencing their role in 2021.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CA$0.78 (vs CA$0.46 in 1Q 2021)First quarter 2022 results: EPS: CA$0.78 (up from CA$0.46 in 1Q 2021). Revenue: CA$1.11b (up 22% from 1Q 2021). Net income: CA$209.0m (up 69% from 1Q 2021). Profit margin: 19% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 4.4% compared to a 1.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 27Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 04 May 2022. Payment date: 01 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.0%). Higher than average of industry peers (3.3%).
Reported Earnings • Feb 25Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: CA$3.52b (up 8.7% from FY 2020). Net income: CA$393.0m (up 9.2% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is expected to shrink by 9.2% compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jan 26Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 02 February 2022. Payment date: 01 March 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.9%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (3.2%).
Reported Earnings • Oct 29Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CA$790.0m (up 8.7% from 3Q 2020). Net income: CA$71.0m (down 4.1% from 3Q 2020). Profit margin: 9.0% (down from 10% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 27Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 03 November 2021. Payment date: 01 December 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.3%).
Recent Insider Transactions • Sep 23Insider recently sold €99k worth of stockOn the 17th of September, Melanie Bayley sold around 4k shares on-market at roughly €23.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €260k more than they bought in the last 12 months.
Executive Departure • Aug 20Executive VP & CFO Dennis DeChamplain has left the companyOn the 16th of August, Dennis DeChamplain's tenure as Executive VP & CFO ended after 4.2 years in the role. As of June 2021, Dennis still personally held 23.92k shares (€569k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years.
Executive Departure • Aug 20Executive VP & CFO Dennis DeChamplain has left the companyOn the 16th of August, Dennis DeChamplain's tenure as Executive VP & CFO ended after 4.2 years in the role. As of June 2021, Dennis still personally held 23.92k shares (€569k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years.
Reported Earnings • Jul 30Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CA$790.0m (up 6.8% from 2Q 2020). Net income: CA$5.00m (down 91% from 2Q 2020). Profit margin: 0.6% (down from 7.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 28Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 01 September 2021. Trailing yield: 4.9%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.6%).
Recent Insider Transactions • May 21Insider recently sold €78k worth of stockOn the 14th of May, D. Sharpe sold around 3k shares on-market at roughly €24.09 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €505k more than they bought in the last 12 months.
Reported Earnings • May 01First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker earnings, although profit margins were flat and revenues improved. First quarter 2021 results: Revenue: CA$907.0m (up 2.5% from 1Q 2020). Net income: CA$141.0m (down 1.4% from 1Q 2020). Profit margin: 16% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 28Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 01 June 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.4%).
Recent Insider Transactions • Mar 14President & CEO recently sold €71k worth of stockOn the 9th of March, Siegfried Kiefer sold around 3k shares on-market at roughly €20.93 per share. This was the largest sale by an insider in the last 3 months. Siegfried has been a seller over the last 12 months, reducing personal holdings by €268k.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS CA$1.31 (vs CA$3.24 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$3.23b (down 17% from FY 2019). Net income: CA$427.0m (down 52% from FY 2019). Profit margin: 13% (down from 23% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue misses expectationsRevenue missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 8.3%, compared to a 5.6% growth forecast for the Integrated Utilities industry in Germany.
Upcoming Dividend • Jan 27Upcoming Dividend of CA$0.44 Per ShareWill be paid on the 1st of March to those who are registered shareholders by the 3rd of February. The trailing yield of 5.4% is in the top quartile of German dividend payers (3.5%), and it is higher than industry peers (3.4%).
Is New 90 Day High Low • Jan 22New 90-day high: €22.40The company is up 4.0% from its price of €21.60 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Integrated Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €63.03 per share.
