Unitil (UTL) Scheduled to Post Quarterly Earnings on Tuesday

Unitil (NYSE:UTL - Get Free Report) is set to announce its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $1.58 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Unitil (NYSE:UTL - Get Free Report) last issued 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 company had revenue of $129.60 million for the quarter, compared to the consensus estimate of $151.00 million. Unitil had a return on equity of 9.32% and a net margin of 8.11%. During the same quarter in the prior year, the business 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 Price Performance

Shares of Unitil stock traded up $0.59 on Tuesday, reaching $50.94. The company's stock had a trading volume of 55,532 shares, compared to its average volume of 51,304. Unitil has a 52-week low of $41.43 and a 52-week high of $58.11. The company has a market capitalization of $823.19 million, a P/E ratio of 17.84 and a beta of 0.58. The company has a quick ratio of 0.59, a current ratio of 0.64 and a debt-to-equity ratio of 1.04. The stock has a 50-day moving average price of $50.81 and a 200-day moving average price of $49.85.

Unitil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Wednesday, February 14th were issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 3.34%. The ex-dividend date was Tuesday, February 13th. This is a positive change from Unitil's previous quarterly dividend of $0.41. Unitil's payout ratio is presently 60.28%.

Unitil Company Profile

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.