Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$42.03|
|52 Week High||US$32.80|
|52 Week Low||US$59.32|
|1 Month Change||-6.64%|
|3 Month Change||-20.88%|
|1 Year Change||5.84%|
|3 Year Change||-13.50%|
|5 Year Change||3.60%|
|Change since IPO||155.64%|
Recent News & Updates
Unitil (NYSE:UTL) Has Re-Affirmed Its Dividend Of US$0.38
Unitil Corporation ( NYSE:UTL ) has announced that it will pay a dividend of US$0.38 per share on the 27th of August...
|UTL||US Integrated Utilities||US Market|
Return vs Industry: UTL exceeded the US Integrated Utilities industry which returned -0.2% over the past year.
Return vs Market: UTL underperformed the US Market which returned 30.3% over the past year.
Stable Share Price: UTL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UTL's weekly volatility (3%) has been stable over the past year.
About the Company
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as the greater Fitchburg area of north central Massachusetts.
Unitil Fundamentals Summary
|UTL fundamental statistics|
Is UTL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UTL income statement (TTM)|
|Cost of Revenue||US$281.90m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 02, 2021
|Earnings per share (EPS)||2.22|
|Net Profit Margin||8.07%|
How did UTL perform over the long term?See historical performance and comparison
3.6%Current Dividend Yield
Is Unitil undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UTL ($42.03) is trading below our estimate of fair value ($44.54)
Significantly Below Fair Value: UTL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: UTL is good value based on its PE Ratio (18.9x) compared to the US Integrated Utilities industry average (20.3x).
PE vs Market: UTL is poor value based on its PE Ratio (18.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: UTL is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: UTL is good value based on its PB Ratio (1.7x) compared to the US Integrated Utilities industry average (2x).
How is Unitil forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UTL's forecast earnings growth (8.3% per year) is above the savings rate (2%).
Earnings vs Market: UTL's earnings (8.3% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: UTL's earnings are forecast to grow, but not significantly.
Revenue vs Market: UTL's revenue (4.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: UTL's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UTL's Return on Equity is forecast to be high in 3 years time
How has Unitil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UTL has high quality earnings.
Growing Profit Margin: UTL's current net profit margins (8.1%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: UTL's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: UTL's earnings growth over the past year (10.9%) exceeds its 5-year average (6.6% per year).
Earnings vs Industry: UTL earnings growth over the past year (10.9%) underperformed the Integrated Utilities industry 10.9%.
Return on Equity
High ROE: UTL's Return on Equity (8.9%) is considered low.
How is Unitil's financial position?
Financial Position Analysis
Short Term Liabilities: UTL's short term assets ($114.2M) do not cover its short term liabilities ($133.3M).
Long Term Liabilities: UTL's short term assets ($114.2M) do not cover its long term liabilities ($943.0M).
Debt to Equity History and Analysis
Debt Level: UTL's debt to equity ratio (138.2%) is considered high.
Reducing Debt: UTL's debt to equity ratio has increased from 130.8% to 138.2% over the past 5 years.
Debt Coverage: UTL's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: UTL's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Unitil current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UTL's dividend (3.62%) is higher than the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: UTL's dividend (3.62%) is in the top 25% of dividend payers in the US market (3.48%)
Stability and Growth of Payments
Stable Dividend: UTL's dividends per share have been stable in the past 10 years.
Growing Dividend: UTL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64%), UTL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UTL's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Meissner (59 yo)
Mr. Thomas P. Meissner, Jr., also known as Tom, has been Chairman, President and Chief Executive Officer of Unitil Corp. since April 25, 2018. Mr. Meissner served as Unitil senior vice president and chief...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD3.98M) is above average for companies of similar size in the US market ($USD2.29M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: UTL's management team is considered experienced (3.5 years average tenure).
Experienced Board: UTL's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.
Unitil Corporation's employee growth, exchange listings and data sources
- Name: Unitil Corporation
- Ticker: UTL
- Exchange: NYSE
- Founded: 1984
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: US$671.113m
- Shares outstanding: 15.97m
- Website: https://www.unitil.com
Number of Employees
- Unitil Corporation
- 6 Liberty Lane West
- New Hampshire
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 23:11|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.