York Water (NASDAQ:YORW) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

York Water (NASDAQ:YORW) released its quarterly earnings data on Tuesday. The utilities provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01), Zacks reports. York Water had a return on equity of 9.44% and a net margin of 28.57%.

York Water Price Performance

Shares of YORW stock traded up $0.47 during mid-day trading on Tuesday, hitting $33.89. The company had a trading volume of 21,529 shares, compared to its average volume of 61,588. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.68. The company has a market capitalization of $487.13 million, a P/E ratio of 22.88 and a beta of 0.64. The stock’s 50 day moving average price is $31.95 and its 200-day moving average price is $35.05. York Water has a 52-week low of $29.86 and a 52-week high of $41.96.

York Water Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, February 28th will be paid a $0.2192 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.88 annualized dividend and a yield of 2.59%. York Water’s payout ratio is 58.78%.

About York Water

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.