Universal Technical Institute Inc. Declares Quarterly Dividend of $0.10 (UTI)
Universal Technical Institute (NYSE:UTI) announced a quarterly dividend on Wednesday, February 19th, AnalystRatingsNetwork.com reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.10 per share on Monday, March 31st. This represents a $0.40 annualized dividend and a dividend yield of 3.09%.
A number of research firms have recently commented on UTI. Analysts at Zacks reiterated a “neutral” rating on shares of Universal Technical Institute in a research note on Thursday, December 26th. They now have a $15.00 price target on the stock.
Shares of Universal Technical Institute (NYSE:UTI) traded down 0.85% on Wednesday, hitting $12.85. 78,374 shares of the company’s stock traded hands. Universal Technical Institute has a 52 week low of $9.96 and a 52 week high of $15.16. The stock’s 50-day moving average is $13.13 and its 200-day moving average is $12.6. The company has a market cap of $316.8 million and a price-to-earnings ratio of 166.15.
Universal Technical Institute (NYSE:UTI) last released its earnings data on Friday, January 31st. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.04. The company had revenue of $97.00 million for the quarter, compared to the consensus estimate of $94.49 million. Analysts expect that Universal Technical Institute will post $0.13 EPS for the current fiscal year.
Universal Technical Institute, Inc (NYSE:UTI) provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.