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Caribbean Utilities Company TSX:CUP.U Stock Report

Last Price

US$13.44

Market Cap

US$513.1m

7D

5.8%

1Y

-4.1%

Updated

26 Mar, 2024

Data

Company Financials +

Caribbean Utilities Company, Ltd.

TSX:CUP.U Stock Report

Market Cap: US$513.1m

Caribbean Utilities Company, Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Caribbean Utilities Company
Historical stock prices
Current Share PriceUS$13.44
52 Week HighUS$14.52
52 Week LowUS$10.54
Beta0.40
1 Month Change14.87%
3 Month Change22.18%
1 Year Change-4.07%
3 Year Change-10.40%
5 Year Change-12.50%
Change since IPO1.28%

Recent News & Updates

Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings Are

Feb 16
Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings Are

Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) Revenues

Feb 15
Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) Revenues

Recent updates

Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings Are

Feb 16
Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings Are

Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) Revenues

Feb 15
Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) Revenues

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Feb 09
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Nov 11
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Aug 29
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Caribbean Utilities Company (TSE:CUP.U) Has Announced That It Will Be Increasing Its Dividend To $0.18

May 15
Caribbean Utilities Company (TSE:CUP.U) Has Announced That It Will Be Increasing Its Dividend To $0.18

Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.175

Feb 18
Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.175

Broker Revenue Forecasts For Caribbean Utilities Company, Ltd. (TSE:CUP.U) Are Surging Higher

Nov 04
Broker Revenue Forecasts For Caribbean Utilities Company, Ltd. (TSE:CUP.U) Are Surging Higher

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.175

Aug 14
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.175

We Like Caribbean Utilities Company's (TSE:CUP.U) Earnings For More Than Just Statutory Profit

Aug 10
We Like Caribbean Utilities Company's (TSE:CUP.U) Earnings For More Than Just Statutory Profit

Shareholder Returns

CUP.UCA Electric UtilitiesCA Market
7D5.8%-0.3%0.2%
1Y-4.1%-3.0%9.0%

Return vs Industry: CUP.U underperformed the Canadian Electric Utilities industry which returned -1.9% over the past year.

Return vs Market: CUP.U underperformed the Canadian Market which returned 9.3% over the past year.

Price Volatility

Is CUP.U's price volatile compared to industry and market?
CUP.U volatility
CUP.U Average Weekly Movement3.6%
Electric Utilities Industry Average Movement2.8%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.1%

Stable Share Price: CUP.U has not had significant price volatility in the past 3 months.

Volatility Over Time: CUP.U's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966263J. F. Hewhttps://www.cuc-cayman.com

Caribbean Utilities Company, Ltd. engages in the generation, transmission, and distribution of electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 436 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cables.

Caribbean Utilities Company, Ltd. Fundamentals Summary

How do Caribbean Utilities Company's earnings and revenue compare to its market cap?
CUP.U fundamental statistics
Market capUS$513.11m
Earnings (TTM)US$37.69m
Revenue (TTM)US$287.23m

13.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CUP.U income statement (TTM)
RevenueUS$287.23m
Cost of RevenueUS$188.51m
Gross ProfitUS$98.71m
Other ExpensesUS$61.02m
EarningsUS$37.69m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.99
Gross Margin34.37%
Net Profit Margin13.12%
Debt/Equity Ratio122.5%

How did CUP.U perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

72%

Payout Ratio
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