Somewhat Positive News Coverage Somewhat Unlikely to Impact UNITIL Corporation (UTL) Stock Price
Headlines about UNITIL Corporation (NYSE:UTL) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. UNITIL Corporation earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 46.043063638165 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- UNITIL Corporation (UTL) Receives “Hold” Rating from Royal Bank Of Canada (americanbankingnews.com)
- Zacks: UNITIL Corporation (UTL) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- UNITIL Corp. : UTL-US: Dividend Analysis : August 15th, 2017 (record date) : By the numbers : September 14, 2017 (finance.yahoo.com)
- UNITIL Corp. – Value Analysis (NYSE:UTL) : September 15, 2017 (finance.yahoo.com)
- UNITIL Corp. breached its 50 day moving average in a Bearish Manner : UTL-US : September 13, 2017 (finance.yahoo.com)
Several equities analysts recently commented on the company. Royal Bank Of Canada reissued a “hold” rating and issued a $47.00 target price on shares of UNITIL Corporation in a report on Monday. Zacks Investment Research raised UNITIL Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, BidaskClub raised UNITIL Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 10th.
UNITIL Corporation (NYSE:UTL) opened at 49.76 on Monday. The stock has a market cap of $702.36 million, a price-to-earnings ratio of 23.91 and a beta of 0.22. UNITIL Corporation has a one year low of $37.31 and a one year high of $52.20. The firm’s 50 day moving average price is $49.99 and its 200 day moving average price is $47.87.
UNITIL Corporation (NYSE:UTL) last issued its earnings results on Thursday, July 27th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $80.80 million for the quarter, compared to analyst estimates of $78.10 million. UNITIL Corporation had a net margin of 7.52% and a return on equity of 9.88%. During the same quarter in the prior year, the business posted $0.18 EPS. Equities analysts forecast that UNITIL Corporation will post $2.00 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Stockholders of record on Tuesday, August 15th were paid a $0.36 dividend. The ex-dividend date was Friday, August 11th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.89%. UNITIL Corporation’s dividend payout ratio (DPR) is presently 68.90%.
UNITIL Corporation Company Profile
Unitil Corporation is a public utility holding company. The Company’s principal business is the local distribution of electricity in the southeastern seacoast and state capital regions of New Hampshire and the greater Fitchburg area of north central Massachusetts and the local distribution of natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area and in the greater Fitchburg area of north central Massachusetts.
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