Unitil (UTL) to Release Quarterly Earnings on Monday

Unitil (NYSE:UTL) is scheduled to be releasing its earnings data after the market closes on Monday, November 4th. Analysts expect Unitil to post earnings of $0.01 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Unitil (NYSE:UTL) last announced its earnings results on Tuesday, August 6th. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Unitil had a return on equity of 9.74% and a net margin of 9.53%. The firm had revenue of $95.70 million during the quarter, compared to analysts’ expectations of $94.00 million. During the same quarter in the prior year, the business earned $0.25 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 Trading Down 2.7 %

NYSE:UTL opened at $56.32 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.00. The company’s 50 day moving average is $59.33 and its 200-day moving average is $55.84. The firm has a market cap of $910.69 million, a price-to-earnings ratio of 18.65 and a beta of 0.61. Unitil has a 12 month low of $45.26 and a 12 month high of $63.52.

Unitil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Thursday, November 14th. Unitil’s dividend payout ratio is 56.29%.

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.