Unitil Corporation (NYSE:UTL – Free Report) – Analysts at Huntington issued their FY2026 earnings estimates for shares of Unitil in a research note issued on Wednesday, November 4th. Huntington analyst M. Gaugler forecasts that the utilities provider will post earnings of $3.28 per share for the year. Huntington currently has a “Strong-Buy” rating on the stock. The consensus estimate for Unitil’s current full-year earnings is $3.31 per share. Huntington also issued estimates for Unitil’s Q4 2026 earnings at $1.15 EPS, Q1 2027 earnings at $1.74 EPS, Q2 2027 earnings at $0.30 EPS, Q3 2027 earnings at $0.10 EPS, Q4 2027 earnings at $1.34 EPS, FY2027 earnings at $3.47 EPS, Q1 2028 earnings at $1.87 EPS, Q2 2028 earnings at $0.30 EPS, Q3 2028 earnings at $0.13 EPS and FY2028 earnings at $3.70 EPS.
Unitil (NYSE:UTL – Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The utilities provider reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $112.60 million during the quarter, compared to analysts’ expectations of $113.11 million. Unitil had a return on equity of 9.19% and a net margin of 9.16%.
Separately, Weiss Ratings cut Unitil from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Unitil has a consensus rating of “Hold” and a consensus target price of $58.67.
Read Our Latest Stock Analysis on Unitil
Unitil Price Performance
Shares of NYSE UTL opened at $56.65 on Friday. Unitil has a 52 week low of $46.91 and a 52 week high of $58.33. The business’s 50 day moving average price is $53.14 and its 200 day moving average price is $52.54. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.15. The firm has a market cap of $1.05 billion, a P/E ratio of 18.22 and a beta of 0.27.
Unitil Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 13th will be given a dividend of $0.4750 per share. This represents a $1.90 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, November 13th. Unitil’s dividend payout ratio (DPR) is currently 59.94%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fifth Third Bancorp raised its position in shares of Unitil by 13.6% in the third quarter. Fifth Third Bancorp now owns 34,997 shares of the utilities provider’s stock worth $1,776,000 after acquiring an additional 4,190 shares during the period. Simplex Trading LLC grew its position in shares of Unitil by 144.3% during the 3rd quarter. Simplex Trading LLC now owns 733 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 433 shares during the period. Pictet Asset Management Holding SA grew its position in shares of Unitil by 13.4% during the 3rd quarter. Pictet Asset Management Holding SA now owns 5,556 shares of the utilities provider’s stock valued at $282,000 after acquiring an additional 655 shares during the period. ProShare Advisors LLC increased its stake in shares of Unitil by 35.4% in the 3rd quarter. ProShare Advisors LLC now owns 181,808 shares of the utilities provider’s stock valued at $9,229,000 after purchasing an additional 47,499 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in shares of Unitil by 37.8% in the 3rd quarter. Vise Technologies Inc. now owns 6,991 shares of the utilities provider’s stock valued at $355,000 after purchasing an additional 1,916 shares in the last quarter. Hedge funds and other institutional investors own 76.76% of the company’s stock.
Unitil Company Profile
Unitil Corporation is a regulated public utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers in New Hampshire and Massachusetts. Its operations focus primarily on the distribution of energy through local utility networks rather than the production of electricity or natural gas.
Through its operating subsidiaries, Unitil provides electric distribution service in portions of New Hampshire and Massachusetts and natural gas distribution service in parts of southern New Hampshire and central Massachusetts.
Featured Stories
- Five stocks we like better than Unitil
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Unitil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unitil and related companies with MarketBeat.com's FREE daily email newsletter.
