Shares of York Water Co (NASDAQ:YORW) have received an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation. York Water’s rating score has improved by 40% in the last 90 days as a result of a number of analysts’ ratings changes.
Zacks has also given York Water an industry rank of 125 out of 265 based on the ratings given to its competitors.
YORW has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of York Water from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Friday, November 17th. BidaskClub cut shares of York Water from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Finally, Hilliard Lyons raised shares of York Water from an “underperform” rating to a “neutral” rating in a research report on Thursday, March 8th.
Shares of York Water (NASDAQ:YORW) traded down $0.20 during midday trading on Wednesday, reaching $30.30. 5,198 shares of the company’s stock were exchanged, compared to its average volume of 36,222. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.84 and a current ratio of 0.94. The company has a market cap of $396.10, a P/E ratio of 29.85 and a beta of 0.53. York Water has a one year low of $27.45 and a one year high of $39.86.
York Water (NASDAQ:YORW) last posted its earnings results on Tuesday, March 6th. The utilities provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. York Water had a net margin of 26.70% and a return on equity of 11.13%. The firm had revenue of $12.35 million for the quarter. equities analysts anticipate that York Water will post 1 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Wednesday, February 28th will be given a $0.167 dividend. This represents a $0.67 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a boost from York Water’s previous quarterly dividend of $0.17. York Water’s dividend payout ratio is presently 66.34%.
COPYRIGHT VIOLATION WARNING: This story was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/03/14/york-water-co-yorw-receives-average-recommendation-of-hold-from-brokerages.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for York Water Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for York Water and related companies with MarketBeat.com's FREE daily email newsletter.