Unitil - UTL Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Unitil in the last year. 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 brokerages have issued 1 year price objectives for Unitil's shares. Their UTL share price forecasts range from $50.00 to $56.00. On average, they anticipate the company's stock price to reach $53.00 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts price targets for UTL or view top-rated stocks among Wall Street analysts.

Unitil's stock was trading at $51.36 on January 1st, 2023. Since then, UTL shares have increased by 8.3% and is now trading at $55.64.
View the best growth stocks for 2023 here.

Unitil saw a increase in short interest in February. As of February 28th, there was short interest totaling 221,000 shares, an increase of 20.6% from the February 13th total of 183,200 shares. Based on an average daily trading volume, of 76,000 shares, the days-to-cover ratio is currently 2.9 days.
View Unitil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our UTL earnings forecast.

Unitil Co. (NYSE:UTL) released its earnings results 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 8.93% and a net margin of 7.35%. During the same quarter in the prior year, the business earned $0.02 EPS.

Unitil announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Tuesday, February 14th will be paid a dividend of $0.405 per share on Tuesday, February 28th. This represents a $1.62 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Monday, February 13th. This is an increase from the stock's previous quarterly dividend of $0.39.
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), ETC 6 Meridian Small Cap Equity ETF (SIXS), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), iShares U.S. Infrastructure ETF (IFRA), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Syntax Stratified SmallCap ETF (SSLY).

Unitil (NYSE:UTL) pays an annual dividend of $1.62 per share and currently has a dividend yield of 3.00%. 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 62.55%. 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 investors include Renaissance Technologies LLC (3.01%), Dimensional Fund Advisors LP (2.78%), Aristotle Capital Boston LLC (2.76%), Boston Trust Walden Corp (2.18%), The Manufacturers Life Insurance Company (2.18%) and Geode Capital Management LLC (1.85%). 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 $55.64.

Unitil (NYSE:UTL) has a market capitalization of $894.69 million and generates $563.20 million in revenue each year. The utilities provider earns $41.40 million in net income (profit) each year or $2.59 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.