UNITIL Corporation (UTL) Receives Media Sentiment Score of 0.28
News coverage about UNITIL Corporation (NYSE:UTL) has been trending positive on Tuesday, Alpha One reports. Alpha One, a service of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. UNITIL Corporation earned a media sentiment score of 0.28 on Alpha One’s scale. Alpha One also gave news coverage about the utilities provider an impact score of 75 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the near future.
Shares of UNITIL Corporation (NYSE:UTL) traded down 0.49% during midday trading on Tuesday, hitting $49.01. 7,097 shares of the company traded hands. UNITIL Corporation has a 52 week low of $37.31 and a 52 week high of $50.47. The stock has a market capitalization of $691.43 million, a PE ratio of 24.01 and a beta of 0.19. The stock has a 50 day moving average of $47.85 and a 200-day moving average of $45.81.
UNITIL Corporation (NYSE:UTL) last posted its quarterly earnings data on Thursday, April 27th. The utilities provider reported $0.88 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.02. The company had revenue of $126 million for the quarter, compared to analysts’ expectations of $131.90 million. UNITIL Corporation had a net margin of 7.49% and a return on equity of 9.78%. During the same period in the prior year, the business earned $0.78 earnings per share. Equities analysts forecast that UNITIL Corporation will post $2.06 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 30th. Investors of record on Tuesday, May 16th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend was Friday, May 12th. UNITIL Corporation’s dividend payout ratio (DPR) is 70.59%.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of UNITIL Corporation from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a report on Tuesday, May 2nd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $44.00 price target on shares of UNITIL Corporation in a report on Friday, March 17th.
UNITIL Corporation Company Profile
Unitil Corporation is a public utility holding company. The Company’s principal business is the local distribution of electricity in the southeastern seacoast and state capital regions of New Hampshire and the greater Fitchburg area of north central Massachusetts and the local distribution of natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area and in the greater Fitchburg area of north central Massachusetts.
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