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Unitil (NYSE:UTL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday. They currently have a $35.80 target price on the stock. Zacks‘s price target would suggest a potential upside of 9.98% from the company’s current price.

Separately, analysts at Brean Capital downgraded shares of Unitil from a “buy” rating to a “hold” rating in a research note on Monday, June 30th. They noted that the move was a valuation call.

Shares of Unitil (NYSE:UTL) traded down 0.52% on Monday, hitting $32.38. 14,442 shares of the company’s stock traded hands. Unitil has a one year low of $27.78 and a one year high of $34.84. The stock has a 50-day moving average of $32.55 and a 200-day moving average of $32.57. The company has a market cap of $450.0 million and a price-to-earnings ratio of 18.29.

Unitil (NYSE:UTL) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.01 by $0.07. During the same quarter in the previous year, the company posted ($0.01) earnings per share. On average, analysts predict that Unitil will post $1.74 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Friday, August 15th will be given a dividend of $0.345 per share. This represents a $1.38 dividend on an annualized basis and a yield of 4.24%. The ex-dividend date of this dividend is Wednesday, August 13th.

Unitil Corporation (NYSE:UTL) is a public utility holding company.

To view Zacks’ full report, visit Zacks’ official website.

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