NYSE:UTL Unitil (UTL) Stock Forecast, Price & News $42.31 -0.40 (-0.94%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$41.56▼$43.2150-Day Range$42.31▼$53.0852-Week Range$41.43▼$60.59Volume84,013 shsAverage Volume71,571 shsMarket Capitalization$680.77 millionP/E Ratio15.67Dividend Yield3.83%Price Target$51.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Unitil MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside20.5% Upside$51.00 Price TargetShort InterestHealthy0.75% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth5.05%From $2.77 to $2.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.53 out of 5 starsUtilities Sector45th out of 86 stocksElectric & Other Services Combined Industry13th out of 18 stocks 2.0 Analyst's Opinion Consensus RatingUnitil has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.00, Unitil has a forecasted upside of 20.5% from its current price of $42.31.Amount of Analyst CoverageUnitil has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.75% of the outstanding shares of Unitil have been sold short.Short Interest Ratio / Days to CoverUnitil has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Unitil has recently decreased by 38.31%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipUnitil is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthUnitil has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Unitil is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Unitil will have a dividend payout ratio of 55.67% next year. This indicates that Unitil will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UTL. Previous Next 2.2 News and Social Media Coverage News SentimentUnitil has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Unitil this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Unitil insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.86% of the stock of Unitil is held by insiders.Percentage Held by Institutions75.06% of the stock of Unitil is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Unitil are expected to grow by 5.05% in the coming year, from $2.77 to $2.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Unitil is 15.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Unitil is 15.67, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.78.Price to Earnings Growth RatioUnitil has a PEG Ratio of 2.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioUnitil has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Unitil (NYSE:UTL) StockUnitil 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. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides real estate management services. It serves approximately 108,100 electric customers and 87,500 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.Read More UTL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UTL Stock News HeadlinesSeptember 7, 2023 | msn.comRBC Capital Maintains Unitil (UTL) Sector Perform RecommendationSeptember 6, 2023 | finance.yahoo.comWith 77% institutional ownership, Unitil Corporation (NYSE:UTL) is a favorite amongst the big gunsOctober 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...August 9, 2023 | msn.comUnitil Corporation: Conservative Play With EPS Growth Expected, And UndervaluedAugust 4, 2023 | finance.yahoo.comNews Flash: One Analyst Just Made A Captivating Upgrade To Their Unitil Corporation (NYSE:UTL) ForecastsAugust 1, 2023 | finance.yahoo.comQ2 2023 Unitil Corp Earnings CallJuly 27, 2023 | seekingalpha.comUnitil declares $0.405 dividendJuly 18, 2023 | finance.yahoo.comUnitil Schedules Second Quarter 2023 Earnings Release and Conference CallOctober 3, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.July 18, 2023 | finance.yahoo.comUnitil Schedules Second Quarter 2023 Earnings Release and Conference CallJuly 7, 2023 | finance.yahoo.comDoes This Valuation Of Unitil Corporation (NYSE:UTL) Imply Investors Are Overpaying?June 12, 2023 | finance.yahoo.comUnitil Corporation (NYSE:UTL) Has A ROE Of 9.0%June 2, 2023 | fool.comUnitil (NYSE: UTL)May 29, 2023 | finance.yahoo.comHere's Why We Think Unitil (NYSE:UTL) Might Deserve Your Attention TodayMay 14, 2023 | finance.yahoo.comUnitil's (NYSE:UTL) Dividend Will Be Increased To $0.405May 10, 2023 | markets.businessinsider.comRBC Capital Remains a Hold on Unitil (UTL)May 7, 2023 | finance.yahoo.comNeed To Know: Analysts Are Much More Bullish On Unitil Corporation (NYSE:UTL) RevenuesMay 3, 2023 | finance.yahoo.comQ1 2023 Unitil Corp Earnings CallMay 2, 2023 | seekingalpha.comUnitil Corporation 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | finance.yahoo.comUnitil (UTL) Surpasses Q1 Earnings and Revenue EstimatesApril 30, 2023 | finance.yahoo.comUnitil (NYSE:UTL) Has Announced That It Will Be Increasing Its Dividend To $0.405April 28, 2023 | msn.comUnitil (UTL) Declares $0.40 DividendApril 26, 2023 | finance.yahoo.comUnitil Shareholders Elect Anne L. Alonzo to the Board of DirectorsApril 26, 2023 | finanznachrichten.deUnitil Corporation: Unitil Announces Organizational ChangesApril 26, 2023 | benzinga.comUnitil Announces Organizational ChangesApril 18, 2023 | finance.yahoo.comUnitil Schedules First Quarter 2023 Earnings Release and Conference CallApril 15, 2023 | finance.yahoo.comUnitil's (NYSE:UTL) investors will be pleased with their decent 47% return over the last five yearsSee More Headlines Receive UTL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Unitil and its competitors with MarketBeat's FREE daily newsletter. Email Address UTL Company Calendar Last Earnings8/01/2023Ex-Dividend for 8/28 Dividend8/11/2023Dividend Payable8/28/2023Today10/02/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:UTL CUSIP91325910 CIK755001 Webwww.unitil.com Phone(603) 772-0775Fax603-773-6605Employees527Year FoundedN/APrice Target and Rating Average Stock Price Forecast$51.00 High Stock Price Forecast$51.00 Low Stock Price Forecast$51.00 Forecasted Upside/Downside+20.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.70 Trailing P/E Ratio15.67 Forward P/E Ratio15.27 P/E Growth2.18Net Income$41.40 million Net Margins7.27% Pretax Margin9.41% Return on Equity9.13% Return on Assets2.71% Debt Debt-to-Equity Ratio1.00 Current Ratio0.68 Quick Ratio0.62 Sales & Book Value Annual Sales$563.20 million Price / Sales1.21 Cash Flow$6.42 per share Price / Cash Flow6.59 Book Value$29.14 per share Price / Book1.45Miscellaneous Outstanding Shares16,090,000Free Float15,794,000Market Cap$680.77 million OptionableOptionable Beta0.55 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Thomas P. Meissner Jr. (Age 61)Chairman & CEO Comp: $1.49MMr. Robert B. Hevert CFA (Age 62)Pres & Chief Admin. Officer Comp: $701.93kMr. Justin Eisfeller (Age 56)VP & CTO Comp: $486.12kMr. Christopher J. LeBlanc (Age 56)VP of Gas Operations Comp: $442.73kMr. Daniel J. Hurstak (Age 42)Sr. VP, CFO & Treasurer Mr. Todd R. DigginsChief Accounting Officer, Controller & Investor Relations OfficerMs. Sandra L. Whitney (Age 60)Corp. Sec. Mr. George E. Long Jr. (Age 66)VP of Admin. - Unitil Service More ExecutivesKey CompetitorsGenie EnergyNYSE:GNEAvistaNYSE:AVALiberty Live GroupNASDAQ:LLYVABrooge EnergyNASDAQ:BROGClean Energy FuelsNASDAQ:CLNEView All CompetitorsInstitutional OwnershipBarclays PLCBought 707 shares on 9/21/2023Ownership: 0.117%Osaic Holdings Inc.Sold 3,281 shares on 8/21/2023Ownership: 0.333%California State Teachers Retirement SystemSold 542 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 281 shares on 8/21/2023Ownership: 0.030%Nuveen Asset Management LLCBought 9,545 shares on 8/16/2023Ownership: 0.784%View All Institutional Transactions UTL Stock - Frequently Asked Questions Should I buy or sell Unitil stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Unitil in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UTL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UTL, but not buy additional shares or sell existing shares. View UTL analyst ratings or view top-rated stocks. What is Unitil's stock price forecast for 2023? 1 equities research analysts have issued 1 year price objectives for Unitil's shares. Their UTL share price forecasts range from $51.00 to $51.00. On average, they expect the company's share price to reach $51.00 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts price targets for UTL or view top-rated stocks among Wall Street analysts. How have UTL shares performed in 2023? Unitil's stock was trading at $51.36 at the start of the year. Since then, UTL shares have decreased by 17.6% and is now trading at $42.31. View the best growth stocks for 2023 here. Are investors shorting Unitil? Unitil saw a decrease in short interest in September. As of September 15th, there was short interest totaling 120,600 shares, a decrease of 38.3% from the August 31st total of 195,500 shares. Based on an average trading volume of 55,100 shares, the short-interest ratio is currently 2.2 days. View Unitil's Short Interest. When is Unitil's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our UTL earnings forecast. How were Unitil's earnings last quarter? Unitil Co. (NYSE:UTL) issued its quarterly earnings results on Tuesday, August, 1st. The utilities provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by $0.02. The utilities provider earned $103.40 million during the quarter, compared to analyst estimates of $100 million. Unitil had a trailing twelve-month return on equity of 9.13% and a net margin of 7.27%. How often does Unitil pay dividends? What is the dividend yield for Unitil? Unitil declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.405 per share on Monday, August 28th. This represents a $1.62 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Friday, August 11th. Read our dividend analysis for UTL. What ETFs hold Unitil's stock? ETFs with the largest weight of Unitil (NYSE:UTL) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).ETC 6 Meridian Small Cap Equity ETF (SIXS). Is Unitil a good dividend stock? Unitil (NYSE:UTL) pays an annual dividend of $1.62 per share and currently has a dividend yield of 3.79%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UTL will have a dividend payout ratio of 55.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UTL. What is Bob Schoenberger's approval rating as Unitil's CEO? 4 employees have rated Unitil Chief Executive Officer Bob Schoenberger on Glassdoor.com. Bob Schoenberger has an approval rating of 100% among the company's employees. This puts Bob Schoenberger in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Unitil own? Based on aggregate information from My MarketBeat watchlists, some companies that other Unitil investors own include Consolidated Edison (ED), AT&T (T), Altria Group (MO), Pfizer (PFE), Southern (SO), Verizon Communications (VZ), Walmart (WMT), AbbVie (ABBV), Boeing (BA) and Brookfield Renewable Partners (BEP). What is Unitil's stock symbol? Unitil trades on the New York Stock Exchange (NYSE) under the ticker symbol "UTL." How do I buy shares of Unitil? Shares of UTL 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. What is Unitil's stock price today? One share of UTL stock can currently be purchased for approximately $42.31. How much money does Unitil make? Unitil (NYSE:UTL) has a market capitalization of $680.77 million and generates $563.20 million in revenue each year. The utilities provider earns $41.40 million in net income (profit) each year or $2.70 on an earnings per share basis. How many employees does Unitil have? The company employs 527 workers across the globe. How can I contact Unitil? Unitil's mailing address is 6 LIBERTY LANE WEST, HAMPTON NH, 03842. The official website for the company is www.unitil.com. The utilities provider can be reached via phone at (603) 772-0775, via email at investorrelations@unitil.com, or via fax at 603-773-6605. This page (NYSE:UTL) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Unitil Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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