Unitil (UTL) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unitil in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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.

2 equities research analysts have issued 12 month price objectives for Unitil's stock. Their UTL share price targets range from $51.00 to $51.00. On average, they predict the company's share price to reach $51.00 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
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Unitil's stock was trading at $51.36 at the start of the year. Since then, UTL stock has decreased by 0.4% and is now trading at $51.18.
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Unitil saw a increase in short interest in November. As of November 15th, there was short interest totaling 113,700 shares, an increase of 50.8% from the October 31st total of 75,400 shares. Based on an average daily volume of 58,600 shares, the days-to-cover ratio is currently 1.9 days.
View Unitil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our UTL earnings forecast.

Unitil Co. (NYSE:UTL) released its quarterly earnings data on Tuesday, November, 7th. The utilities provider reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.03. The utilities provider earned $103.90 million during the quarter, compared to analysts' expectations of $116 million. Unitil had a net margin of 7.50% and a trailing twelve-month return on equity of 9.22%.

Unitil announced a quarterly dividend on Monday, October 23rd. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.405 per share on Tuesday, November 28th. This represents a $1.62 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Monday, November 13th.
Read our dividend analysis for UTL.

Unitil (NYSE:UTL) pays an annual dividend of $1.62 per share and currently has a dividend yield of 3.19%. 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 58.70%. 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.

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).

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.

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).

Unitil's stock is owned by a variety of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (3.20%), The Manufacturers Life Insurance Company (2.51%), Boston Trust Walden Corp (2.37%), Bank of New York Mellon Corp (1.38%), Northern Trust Corp (1.28%) and Charles Schwab Investment Management Inc. (1.27%). Insiders that own company stock include Robert B Hevert, Thomas P Meissner Jr and Todd R Black.
View institutional ownership trends.

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.
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