Unitil (UTL) Stock Price, News & Analysis

2 Wall Street equities research 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 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 Wall Street research analysts have issued twelve-month price objectives for Unitil's stock. Their UTL share price targets range from $51.00 to $51.00. On average, they anticipate the company's stock price to reach $51.00 in the next twelve months. This suggests a possible upside of 5.2% 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 $52.57 at the beginning of the year. Since then, UTL stock has decreased by 7.8% and is now trading at $48.48.
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Unitil saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 119,300 shares, a drop of 32.9% from the March 15th total of 177,800 shares. Based on an average trading volume of 52,500 shares, the days-to-cover ratio is currently 2.3 days.
View Unitil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our UTL earnings forecast.

Unitil Co. (NYSE:UTL) posted its earnings results on Tuesday, February, 13th. The utilities provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. The utilities provider earned $129.60 million during the quarter, compared to analysts' expectations of $151 million. Unitil had a net margin of 8.11% and a trailing twelve-month return on equity of 9.32%. During the same period in the previous year, the business earned $0.91 EPS.

Unitil declared a quarterly dividend on Wednesday, January 31st. Investors of record on Wednesday, February 14th will be given a dividend of $0.425 per share on Thursday, February 29th. This represents a $1.70 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Tuesday, February 13th. This is a boost from the stock's previous quarterly dividend of $0.41.
Read our dividend analysis for UTL.

Unitil (NYSE:UTL) pays an annual dividend of $1.70 per share and currently has a dividend yield of 3.48%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UTL will have a dividend payout ratio of 55.19% 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).Invesco S&P SmallCap Low Volatility ETF (XSLV).

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 retail and institutional investors. Top institutional shareholders include Annex Advisory Services LLC (0.11%) and Hennessy Advisors Inc. (0.10%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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