The York Water Company (NASDAQ:YORW) Scheduled to Post Quarterly Earnings on Tuesday
The York Water Company (NASDAQ:YORW) will issue its quarterly earnings data on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.22 per share for the quarter.
The York Water (NASDAQ:YORW) last posted its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. The York Water had a net margin of 25.09% and a return on equity of 10.52%. The firm had revenue of $11.29 million for the quarter. On average, analysts expect The York Water to post $0.96 EPS for the current fiscal year and $0.99 EPS for the next fiscal year.
Shares of The York Water Company (NASDAQ YORW) opened at 35.15 on Tuesday. The company has a market capitalization of $451.47 million, a price-to-earnings ratio of 37.84 and a beta of 0.57. The York Water Company has a 52-week low of $27.68 and a 52-week high of $39.86. The firm’s 50-day moving average is $35.56 and its 200 day moving average is $35.30.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were issued a dividend of $0.1602 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Wednesday, June 28th. The York Water’s dividend payout ratio is 68.82%.
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Separately, Zacks Investment Research raised shares of The York Water from a “sell” rating to a “hold” rating in a report on Wednesday, May 10th.
About The York Water
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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