Caribbean Utilities (OTCMKTS:CUPUF – Get Free Report) and Emera (OTCMKTS:EMRAF – Get Free Report) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, risk, dividends, institutional ownership and profitability.
Insider & Institutional Ownership
0.1% of Caribbean Utilities shares are held by institutional investors. Comparatively, 23.8% of Emera shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares Caribbean Utilities and Emera”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Caribbean Utilities | N/A | N/A | N/A | $0.70 | 19.65 |
Emera | N/A | N/A | N/A | $1.97 | 18.89 |
Profitability
This table compares Caribbean Utilities and Emera’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Caribbean Utilities | N/A | N/A | N/A |
Emera | N/A | N/A | N/A |
Dividends
Caribbean Utilities pays an annual dividend of $0.66 per share and has a dividend yield of 4.8%. Emera pays an annual dividend of $1.45 per share and has a dividend yield of 3.9%. Caribbean Utilities pays out 94.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Emera pays out 73.8% of its earnings in the form of a dividend.
Analyst Ratings
This is a summary of current ratings and recommmendations for Caribbean Utilities and Emera, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Caribbean Utilities | 0 | 0 | 0 | 0 | 0.00 |
Emera | 0 | 0 | 1 | 0 | 3.00 |
Emera has a consensus price target of $54.00, suggesting a potential upside of 45.43%. Given Emera’s stronger consensus rating and higher probable upside, analysts plainly believe Emera is more favorable than Caribbean Utilities.
Summary
Emera beats Caribbean Utilities on 6 of the 8 factors compared between the two stocks.
About Caribbean Utilities
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. The company also provides telecommunication services. The company was incorporated in 1966 and is headquartered in Grand Cayman, the Cayman Islands. Caribbean Utilities Company, Ltd. is a subsidiary of Fortis Energy (Bermuda) Ltd.
About Emera
Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company’s electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
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