Canadian Utilities & Telecom Income Fund logo

UTE.UN - Canadian Utilities & Telecom Income Fund Share Price

C$8.92 -0.2  -2.5%

Last Trade - 07/07/20

Sector
Financials
Size
Micro Cap
Market Cap £7.85m
Enterprise Value £7.17m
Revenue £2.28m
Position in Universe 1439th / 2666
Bullish
Bearish
Unlock UTE.UN Revenue
Momentum
Relative Strength (%)
1m +1.87%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
8.44 -4.34 4.67 1.76 -0.48 3.85 -14.5%
-65.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2019, Canadian Utilities & Telecom Income revenues increased from -C$481K to C$3.9M. Net income totaled C$3.3M vs. loss of C$1.1M. Revenues reflect Unrealized G/L on Investment Securities increase from -C$645K to C$1.7M, FV Adjustments of Financial Investments increase from -C$709K to C$1.3M, Realized Foreign Exchange G/L - Capital increase from -C$71K to C$12K.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

UTE.UN Revenue Unlock UTE.UN Revenue

Net Income

UTE.UN Net Income Unlock UTE.UN Revenue

Normalised EPS

UTE.UN Normalised EPS Unlock UTE.UN Revenue

PE Ratio Range

UTE.UN PE Ratio Range Unlock UTE.UN Revenue

Dividend Yield Range

UTE.UN Dividend Yield Range Unlock UTE.UN Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
()
DPS
()
Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
UTE.UN EPS Forecasts Unlock UTE.UN Revenue
Profile Summary

Canadian Utilities & Telecom Income Fund is a closed-end investment trust. The Fund's investment objectives are to pay holders of its units monthly distributions in an amount targeted to be approximately 7% per annum on the net asset value (NAV) of the Fund, and to preserve and enhance the Fund's NAV while reducing portfolio volatility. The Fund will invest in a portfolio consisting principally of equity securities of large capitalization utility and telecommunications issuers. The Fund invests in utilities and telecommunication services sectors. Strathbridge Asset Management Inc. is the investment manager of the Fund.

Directors
Last Annual December 31st, 2019
Last Interim December 31st, 2019
Incorporated October 18, 2010
Public Since December 17, 2010
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Collective Investments
Index
Exchange Toronto Stock Exchange
Shares in Issue 1,450,058
Free Float (0.0%)
Eligible for
ISAs
SIPPs
UTE.UN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for UTE.UN
Upcoming Events for UTE.UN
Tuesday 14th July, 2020
Dividend For UTE_u.TO - 0.0525 CAD
Frequently Asked Questions for Canadian Utilities & Telecom Income Fund
What is the Canadian Utilities & Telecom Income Fund share price?

As of 07/07/20, shares in Canadian Utilities & Telecom Income Fund are trading at C$8.92, giving the company a market capitalisation of £7.85m. This share price information is delayed by 15 minutes.

How has the Canadian Utilities & Telecom Income Fund share price performed this year?

Shares in Canadian Utilities & Telecom Income Fund are currently trading at C$8.92 and the price has moved by -2.45% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Canadian Utilities & Telecom Income Fund price has moved by 2.97% over the past year.

What are the analyst and broker recommendations for Canadian Utilities & Telecom Income Fund?

There are no analysts currently covering Canadian Utilities & Telecom Income Fund.

When will Canadian Utilities & Telecom Income Fund next release its financial results?

Canadian Utilities & Telecom Income Fund is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the Canadian Utilities & Telecom Income Fund dividend yield?

The Canadian Utilities & Telecom Income Fund dividend yield is 5% based on the trailing twelve month period.

Does Canadian Utilities & Telecom Income Fund pay a dividend?

Last year, Canadian Utilities & Telecom Income Fund paid a total dividend of 0.46, and it currently has a trailing dividend yield of 5%. Looking ahead, shares in Canadian Utilities & Telecom Income Fund are due to go ex-dividend on 2020-07-14 and the next dividend pay date is 2020-07-31.

When does Canadian Utilities & Telecom Income Fund next pay dividends?

Canadian Utilities & Telecom Income Fund are due to go ex-dividend on 2020-07-14 and the next dividend pay date is 2020-07-31. The historic dividend yield on Canadian Utilities & Telecom Income Fund shares is currently 5%.

How do I buy Canadian Utilities & Telecom Income Fund shares?

To buy shares in Canadian Utilities & Telecom Income Fund you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Canadian Utilities & Telecom Income Fund?

Shares in Canadian Utilities & Telecom Income Fund are currently trading at C$8.92, giving the company a market capitalisation of £7.85m.

Where are Canadian Utilities & Telecom Income Fund shares listed? Where are Canadian Utilities & Telecom Income Fund shares listed?

Here are the trading details for Canadian Utilities & Telecom Income Fund:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: UTE.UN
What kind of share is Canadian Utilities & Telecom Income Fund?

Based on an overall assessment of its quality, value and momentum, Canadian Utilities & Telecom Income Fund is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Canadian Utilities & Telecom Income Fund share price forecast 2020?

We were not able to load any forecast data for Canadian Utilities & Telecom Income Fund.

How can I tell whether the Canadian Utilities & Telecom Income Fund share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Canadian Utilities & Telecom Income Fund. Over the past six months, the relative strength of its shares against the market has been 0.11%. At the current price of C$8.92, shares in Canadian Utilities & Telecom Income Fund are trading at -3.98% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Canadian Utilities & Telecom Income Fund PE Ratio?

The Canadian Utilities & Telecom Income Fund PE ratio based on its reported earnings over the past 12 months is 4.38. The shares are currently trading at C$8.92.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Canadian Utilities & Telecom Income Fund?

We were unable to find the directors for Canadian Utilities & Telecom Income Fund.

Who are the major shareholders of Canadian Utilities & Telecom Income Fund?

Here are the top five shareholders of Canadian Utilities & Telecom Income Fund based on the size of their shareholding:

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