Unitil (UTL) Scheduled to Post Earnings on Monday

Unitil (NYSE:UTL) will post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Unitil to post earnings of $0.01 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Unitil (NYSE:UTL) last issued its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. The company had revenue of $95.70 million for the quarter, compared to the consensus estimate of $94.00 million. Unitil had a net margin of 9.53% and a return on equity of 9.74%. During the same quarter in the prior year, the company earned $0.25 EPS. On average, analysts expect Unitil to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Unitil Stock Down 1.2 %

UTL stock opened at $57.76 on Monday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.58 and a quick ratio of 0.53. The firm’s fifty day simple moving average is $59.48 and its 200-day simple moving average is $55.63. Unitil has a 12 month low of $45.13 and a 12 month high of $63.52. The company has a market capitalization of $933.98 million, a P/E ratio of 19.13 and a beta of 0.60.

Unitil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 15th were given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend was Thursday, August 15th. Unitil’s dividend payout ratio is currently 56.29%.

About Unitil

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts.