Utah Medical Products - UTMD Stock Forecast, Price & News

Utah Medical Products' stock was trading at $100.53 at the start of the year. Since then, UTMD stock has decreased by 7.6% and is now trading at $92.89.
View the best growth stocks for 2023 here.

Utah Medical Products saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 32,600 shares, an increase of 22.6% from the February 28th total of 26,600 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.0% of the shares of the stock are sold short.
View Utah Medical Products' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our UTMD earnings forecast.

Utah Medical Products, Inc. (NASDAQ:UTMD) issued its quarterly earnings data on Tuesday, January, 31st. The medical instruments supplier reported $1.25 earnings per share for the quarter. The medical instruments supplier earned $13.58 million during the quarter. Utah Medical Products had a trailing twelve-month return on equity of 15.21% and a net margin of 31.51%.

Utah Medical Products declared a quarterly dividend on Tuesday, February 7th. Investors of record on Friday, March 17th will be given a dividend of $0.295 per share on Tuesday, April 4th. This represents a $1.18 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, March 16th.
Read our dividend analysis for UTMD.

ETFs with the largest weight of Utah Medical Products (NASDAQ:UTMD) stock in their portfolio include Royce Quant Small-Cap Quality Value ETF (SQLV).

Utah Medical Products (NASDAQ:UTMD) pays an annual dividend of $1.18 per share and currently has a dividend yield of 1.27%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.16%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for UTMD.

8 employees have rated Utah Medical Products Chief Executive Officer Kevin L. Cornwell on Glassdoor.com. Kevin L. Cornwell has an approval rating of 43% among the company's employees. This puts Kevin L. Cornwell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Utah Medical Products investors own include Simon Property Group (SPG), Walt Disney (DIS), UnitedHealth Group (UNH), Intuitive Surgical (ISRG), Altria Group (MO), SEI Investments (SEIC), Trupanion (TRUP), Visa (V), Ventas (VTR) and

Utah Medical Products trades on the NASDAQ under the ticker symbol "UTMD."

Utah Medical Products' stock is owned by many different retail and institutional investors. Top institutional investors include T. Rowe Price Investment Management Inc. (9.42%), Renaissance Technologies LLC (5.80%), Dimensional Fund Advisors LP (4.23%), Rice Hall James & Associates LLC (3.15%), JPMorgan Chase & Co. (2.29%) and Geode Capital Management LLC (1.94%). Insiders that own company stock include Barbara A Payne, Barbara A Payne, Ernst G Hoyer, Kevin L Cornwell and Paul O Richins.
View institutional ownership trends.

Shares of UTMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of UTMD stock can currently be purchased for approximately $92.89.

Utah Medical Products (NASDAQ:UTMD) has a market capitalization of $337.19 million and generates $52.28 million in revenue each year. The medical instruments supplier earns $16.47 million in net income (profit) each year or $4.51 on an earnings per share basis.

The company employs 178 workers across the globe.

Utah Medical Products' mailing address is 7043 South 300 West, Midvale UT, 84047. The official website for the company is www.utahmed.com. The medical instruments supplier can be reached via phone at (801) 566-1200 or via fax at 801-566-7305.