Shares of The York Water Company (NASDAQ:YORW) have earned an average broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation.

Analysts have set a 1 year consensus price target of $27.00 for the company, according to Zacks. Zacks has also given The York Water an industry rank of 164 out of 265 based on the ratings given to its competitors.

YORW has been the topic of a number of recent research reports. Zacks Investment Research cut The York Water from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. BidaskClub cut The York Water from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.

Shares of The York Water (NASDAQ YORW) traded down 1.36% during trading on Thursday, hitting $36.30. The stock had a trading volume of 25,264 shares. The York Water has a 1-year low of $28.85 and a 1-year high of $39.86. The stock’s 50-day moving average price is $34.03 and its 200 day moving average price is $34.64. The firm has a market capitalization of $466.35 million, a P/E ratio of 39.03 and a beta of 0.58.

The York Water (NASDAQ:YORW) last announced its earnings results on Thursday, August 3rd. The utilities provider reported $0.23 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.01. The York Water had a return on equity of 10.52% and a net margin of 25.05%. The company had revenue of $12.30 million for the quarter, compared to analysts’ expectations of $12.21 million. During the same period last year, the firm earned $0.23 EPS. The York Water’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts anticipate that The York Water will post $0.96 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were issued a $0.16 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.64 dividend on an annualized basis and a yield of 1.74%. The York Water’s dividend payout ratio is currently 68.82%.

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. purchased a new stake in The York Water in the 1st quarter worth $156,000. Karp Capital Management Corp purchased a new stake in The York Water in the 1st quarter worth $206,000. Campbell & CO Investment Adviser LLC purchased a new stake in The York Water in the 2nd quarter worth $206,000. Aperio Group LLC increased its stake in The York Water by 2.1% in the 2nd quarter. Aperio Group LLC now owns 5,988 shares of the utilities provider’s stock worth $209,000 after buying an additional 123 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in The York Water by 10.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,635 shares of the utilities provider’s stock worth $231,000 after buying an additional 602 shares in the last quarter. 35.39% of the stock is currently owned by institutional investors.

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The York Water Company Profile

The York Water Company is an investor-owned water utility in the United States. The primary business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. As of December 31, 2016, it also owned and operated three wastewater collection systems and two wastewater treatment systems.

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