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Chorus Limited (CNU) Share Price & Analysis

CNU Stock Chart & Stats

A$6.50A$0.07(1.09%)
At close: 4:00 PM GMT+11
AUD 6.5AUD 7AUD 7.5AUD 83 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
AUD 6.36 - AUD 6.54
52-Week Range
AUD 6.32 - AUD 8.49
Previous Close
AUD 6.43
Volume
307.82K
Average Volume (3M)
500.49K
Market Cap
AUD 2.85B
Enterprise Value
AUD 10.30B
Total Cash (Recent Filing)
AUD 199.00M
Total Debt (Recent Filing)
AUD 5.01B
Price to Earnings (P/E)
96.0
Beta
0.42
Next Earnings
Feb 15, 2027 (Est.)
EPS Estimate
N/A
Last Dividend Ex-Date
Sep 14, 2026
Dividend Yield
7.52%

Bulls Say, Bears Say

Bulls Say

Fibre Adoption And Usage Growth

Rising fibre connections, high household uptake and accelerating data consumption reinforce Chorus’s position as New Zealand’s core fixed-line infrastructure provider. These trends support recurring wholesale demand and provide a durable platform for higher-capacity products as broadband usage expands over the coming quarters.

Strong And Improving Cash Generation

Strong operating cash flow and the recovery of free cash flow improve Chorus’s ability to fund network investment, service debt and maintain shareholder distributions internally. The positive multi-year cash-flow trend indicates improving cash conversion, although ongoing capital expenditure remains material.

Resilient Operating Performance And Cost Control

Stable-to-improving EBITDA alongside lower operating expenses demonstrates resilience in the wholesale infrastructure model. Cost discipline, reduced maintenance activity and a mid-20% operating margin provide support for earnings durability while Chorus transitions toward a simpler all-fibre network.

Bears Say

Elevated Leverage Limits Flexibility

High leverage constrains financial flexibility and leaves less capacity to absorb weaker operating conditions or fund additional strategic investment. It also makes Chorus more sensitive to refinancing costs and rating-agency treatment, which could affect capital allocation over the next several quarters.

Structural Decline In Copper Revenue

The accelerated copper-to-fibre migration removes a meaningful source of recurring revenue before fibre fully offsets the decline. Management expects copper connections revenue to remain only in the high-teens of millions in FY27, creating a continuing transition headwind for the revenue mix.

Volatile Bottom-line Profitability

Although operating profitability remains resilient, inconsistent net income shows that finance, tax and other below-the-line costs can materially affect reported earnings. This volatility reduces confidence in the stability of bottom-line returns and limits the visibility of sustainable profit growth.

Chorus Limited News

CNU FAQ

What was Chorus Limited’s price range in the past 12 months?
Chorus Limited lowest share price was AU$6.32 and its highest was AU$8.49 in the past 12 months.
What is Chorus Limited’s market cap?
Chorus Limited’s market cap is AU$2.85B.
When is Chorus Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Chorus Limited’s earnings last quarter?
Chorus Limited released its earnings results on Aug 24, 2026. The company reported AU$0.043 earnings per share for the quarter, missing the consensus estimate of AU$0.08 by -AU$0.038.
Is Chorus Limited overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Chorus Limited pay dividends?
Chorus Limited pays a Semiannually dividend of AU$0.29 which represents an annual dividend yield of 7.52%. See more information on Chorus Limited dividends here
What is Chorus Limited’s EPS estimate?
Chorus Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Chorus Limited have?
Chorus Limited has 433,887,300 shares outstanding.
What happened to Chorus Limited’s price movement after its last earnings report?
Chorus Limited reported an EPS of AU$0.043 in its last earnings report, missing expectations of AU$0.08. Following the earnings report the stock price went down -5.651%.
Which hedge fund is a major shareholder of Chorus Limited?
Currently, no hedge funds are holding shares in AU:CNU
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology