Unitil (UTL) Scheduled to Post Quarterly Earnings on Tuesday

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

Unitil (NYSE:UTL) last announced its quarterly earnings results on Tuesday, February 13th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $129.60 million for 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 period in the prior year, the firm posted $0.91 earnings per share. On average, analysts expect Unitil to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Unitil Stock Up 0.5 %

UTL stock opened at $52.63 on Monday. The firm’s fifty day moving average is $50.95 and its 200 day moving average is $50.01. The firm has a market cap of $850.50 million, a PE ratio of 18.66 and a beta of 0.58. Unitil has a one year low of $41.43 and a one year high of $58.11. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.59 and a current ratio of 0.64.

Unitil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Wednesday, May 15th. Unitil’s dividend payout ratio (DPR) is presently 60.28%.

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.