York Water (NASDAQ:YORW - Get Free Report) announced its earnings results on Tuesday. The utilities provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.08), Zacks reports. York Water had a return on equity of 9.44% and a net margin of 28.57%. The company had revenue of $18.46 million for the quarter, compared to analyst estimates of $19.00 million.
York Water Trading Up 0.1 %
YORW stock traded up $0.04 during midday trading on Friday, hitting $32.73. The company had a trading volume of 61,733 shares, compared to its average volume of 57,117. The stock has a market cap of $471.31 million, a price-to-earnings ratio of 22.12 and a beta of 0.78. The stock's 50 day moving average price is $34.40 and its 200 day moving average price is $33.85. York Water has a 52 week low of $29.86 and a 52 week high of $41.96. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.87.
York Water Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.2192 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Monday, June 30th. York Water's dividend payout ratio (DPR) is presently 63.50%.
About York Water
(
Get Free Report)
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.
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