UNITIL Corporation (UTL) Given Daily Media Impact Score of 0.16
News stories about UNITIL Corporation (NYSE:UTL) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern 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 coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 47.2633677350664 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities analysts have recently weighed in on UTL shares. Royal Bank of Canada restated a “hold” rating and issued a $47.00 price objective on shares of UNITIL Corporation in a report on Wednesday, October 18th. Zacks Investment Research upgraded UNITIL Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, BidaskClub cut UNITIL Corporation from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st.
UNITIL Corporation (UTL) traded down $0.68 during trading on Friday, reaching $50.49. The company had a trading volume of 25,500 shares, compared to its average volume of 37,820. UNITIL Corporation has a fifty-two week low of $40.40 and a fifty-two week high of $52.84. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.56 and a quick ratio of 0.53. The company has a market capitalization of $722.56, a PE ratio of 25.58 and a beta of 0.21.
UNITIL Corporation (NYSE:UTL) last posted its quarterly earnings results on Thursday, October 26th. The utilities provider reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. UNITIL Corporation had a return on equity of 9.39% and a net margin of 7.09%. The business had revenue of $475.20 million during the quarter, compared to analysts’ expectations of $82.80 million. During the same quarter last year, the company posted $0.25 earnings per share. UNITIL Corporation’s quarterly revenue was down 3.4% on a year-over-year basis. sell-side analysts anticipate that UNITIL Corporation will post 2.03 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Tuesday, November 14th. UNITIL Corporation’s payout ratio is currently 72.00%.
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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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