Unitil (UTL) Stock Forecast, Price & News

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.

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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our UTL earnings forecast.

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%.

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.

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).

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.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "UTL."

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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One share of UTL stock can currently be purchased for approximately $42.31.

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.

The company employs 527 workers across the globe.

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.