What is Scotiabank’s Forecast for TSE:CU FY2026 Earnings?

Canadian Utilities Limited (TSE:CU) – Equities researchers at Scotiabank increased their FY2026 earnings per share estimates for shares of Canadian Utilities in a report released on Thursday, March 5th. Scotiabank analyst R. Hope now expects that the company will earn $2.52 per share for the year, up from their previous forecast of $2.51. The consensus estimate for Canadian Utilities’ current full-year earnings is $2.41 per share. Scotiabank also issued estimates for Canadian Utilities’ FY2027 earnings at $2.57 EPS.

Other equities analysts also recently issued reports about the stock. National Bank Financial increased their price objective on shares of Canadian Utilities from C$43.00 to C$45.00 and gave the company a “sector perform” rating in a report on Friday, February 27th. BMO Capital Markets upped their price target on shares of Canadian Utilities from C$42.00 to C$44.00 in a research report on Monday, November 10th. Royal Bank Of Canada lifted their price objective on Canadian Utilities from C$43.00 to C$49.00 and gave the stock a “sector perform” rating in a report on Friday, February 27th. TD Securities raised their target price on Canadian Utilities from C$41.00 to C$47.00 and gave the company a “hold” rating in a research report on Tuesday. Finally, Canadian Imperial Bank of Commerce raised their target price on shares of Canadian Utilities from C$45.00 to C$47.00 and gave the stock a “neutral” rating in a research note on Friday, February 27th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$45.83.

Canadian Utilities Price Performance

Canadian Utilities stock opened at C$48.26 on Friday. The stock has a market capitalization of C$13.12 billion, a P/E ratio of 24.62, a P/E/G ratio of 2.38 and a beta of 0.66. The company’s fifty day moving average price is C$44.65 and its 200 day moving average price is C$41.55. The company has a debt-to-equity ratio of 194.86, a quick ratio of 1.30 and a current ratio of 1.56. Canadian Utilities has a 1 year low of C$34.11 and a 1 year high of C$48.36.

Canadian Utilities Company Profile

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.