Unitil (UTL) to Release Quarterly Earnings on Tuesday

Unitil (NYSE:UTL) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 7th. Analysts expect Unitil to post earnings of $1.58 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Unitil (NYSE:UTL) last released its quarterly earnings results on Tuesday, February 13th. The utilities provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. Unitil had a return on equity of 9.32% and a net margin of 8.11%. The firm had revenue of $129.60 million for the quarter, compared to analysts’ expectations of $151.00 million. During the same period in the prior year, the firm earned $0.91 EPS. On average, analysts expect Unitil to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Unitil Stock Performance

Shares of UTL opened at $52.63 on Monday. The firm has a market capitalization of $850.50 million, a P/E ratio of 18.66 and a beta of 0.58. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.64 and a quick ratio of 0.59. Unitil has a one year low of $41.43 and a one year high of $58.11. The business has a fifty day moving average of $50.95 and a 200 day moving average of $50.01.

Unitil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 16th will be given a $0.425 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.70 annualized dividend and a yield of 3.23%. Unitil’s payout ratio is 60.28%.

Unitil Company Profile

Unitil 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.