Unitil (UTL) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Unitil in the last twelve months. There are currently 1 sell rating and 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.

2 analysts have issued 1-year target prices for Unitil's stock. Their UTL share price forecasts range from $50.00 to $56.00. On average, they anticipate the company's share price to reach $53.00 in the next twelve months. This suggests a possible upside of 0.6% 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 increased by 2.6% and is now trading at $52.69.
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Unitil saw a increase in short interest in May. As of May 15th, there was short interest totaling 255,200 shares, an increase of 25.7% from the April 30th total of 203,100 shares. Based on an average trading volume of 90,800 shares, the days-to-cover ratio is presently 2.8 days.
View Unitil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our UTL earnings forecast.

Unitil Co. (NYSE:UTL) released its quarterly earnings data on Tuesday, November, 2nd. The utilities provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.06. The utilities provider had revenue of $98.10 million for the quarter, compared to the consensus estimate of $92 million. Unitil had a trailing twelve-month return on equity of 9.38% and a net margin of 7.45%. During the same period in the previous year, the company posted $0.02 earnings per share.

Unitil declared a quarterly dividend on Wednesday, April 26th. Investors of record on Tuesday, May 16th will be given a dividend of $0.405 per share on Tuesday, May 30th. This represents a $1.62 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Monday, May 15th.
Read our dividend analysis for UTL.

ETFs with the largest weight of Unitil (NYSE:UTL) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), iShares U.S. Infrastructure ETF (IFRA), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL).

Unitil (NYSE:UTL) pays an annual dividend of $1.62 per share and currently has a dividend yield of 3.04%. 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 58.91%. 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."

Unitil's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.46%), State Street Corp (3.71%), Renaissance Technologies LLC (2.98%), Aristotle Capital Boston LLC (2.80%), Dimensional Fund Advisors LP (2.77%) and Boston Trust Walden Corp (2.25%). 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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One share of UTL stock can currently be purchased for approximately $52.69.

Unitil (NYSE:UTL) has a market capitalization of $847.78 million and generates $563.20 million in revenue each year. The utilities provider earns $41.40 million in net income (profit) each year or $2.75 on an earnings per share basis.

The company employs 508 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.