Unitil (UTL) Scheduled to Post Quarterly Earnings on Tuesday

Unitil (NYSE:UTL) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $1.58 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Unitil (NYSE:UTL) last released its quarterly earnings data on Tuesday, February 13th. The utilities provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $129.60 million during the quarter, compared to the consensus estimate of $151.00 million. Unitil had a net margin of 8.11% and a return on equity of 9.32%. During the same quarter in the prior year, the firm earned $0.91 EPS. On average, analysts expect Unitil to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Unitil Trading Down 0.1 %

Shares of UTL stock traded down $0.05 during trading on Tuesday, hitting $50.30. 12,759 shares of the stock traded hands, compared to its average volume of 50,781. The firm’s fifty day moving average price is $50.81 and its 200-day moving average price is $49.85. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.64 and a quick ratio of 0.59. Unitil has a 52-week low of $41.43 and a 52-week high of $58.11. The firm has a market capitalization of $812.85 million, a P/E ratio of 17.84 and a beta of 0.58.

Unitil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Wednesday, February 14th were paid a $0.425 dividend. This is an increase from Unitil’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $1.70 annualized dividend and a dividend yield of 3.38%. Unitil’s payout ratio is 60.28%.

Unitil Company Profile

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.