Unitil Stock News

We have narrowed our search to five utility stocks with solid potential for the rest of 2022. These are: MGEE, VST, GWRS, UTL and CWCO.

Unitil (UTL) possesses solid growth attributes, which could help it handily outperform the market.

Unitil (UTL) delivered earnings and revenue surprises of 0% and 20.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

HAMPTON, N.H., April 19, 2022 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) has scheduled the release of its first quarter 2022 earnings before the market opens on May 3, 2022. Uniti

UNITIL Corporation found using ticker (UTL) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 62 and 50 calculating the mean target price we have 54.67. Given that the stocks previous close was at 49.2 this indicates there is a potential upside of 11.1%. The 50 day MA is 47.02 and the 200 moving average now moves to 48.3. The company has a market capitalisation of $813m. You can visit the company''s website by visiting: https://unitil.com [stock_market_widget type="chart" template="basic" color="green" assets=UTL" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $904m based on the market concensus. Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas 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 Corporation found using ticker (UTL) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 62 and 50 with a mean TP of 54.67. With the stocks previous close at 51 this would imply there is a potential upside of 7.2%. There is a 50 day moving average of 45.3 and the 200 day moving average is 48.72. The company has a market capitalisation of $814m. You can visit the company''s website by visiting: https://unitil.com [stock_market_widget type="chart" symbol="UTL" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $873m based on the market concensus. Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas 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 Corporation's (UTL) CEO Tom Meissner on Q4 2021 Results - Earnings Call Transcript

Unitil press release (UTL): FY GAAP EPS of $2.35.Revenue of $473.3M (+13.1% Y/Y).

HAMPTON, N.H., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) has scheduled the release of its fourth quarter 2021 earnings before the market opens on February 1, 2022.

Everence Capital Management Inc. increased its stake in Unitil Co. (NYSE:UTL) by 92.3% in the 3rd quarter, Holdings Channel reports. The firm owned 7,690 shares of the utilities providers stock after purchasing an additional 3,690 shares during the period. Everence Capital Management Inc.s holdings in Unitil were worth $329,000 as of its most recent filing []

Louisiana State Employees Retirement System boosted its position in shares of Unitil Co. (NYSE:UTL) by 11.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,600 shares of the utilities providers stock after purchasing an additional 800 shares during the quarter. Louisiana []

Foundry Partners LLC grew its position in Unitil Co. (NYSE:UTL) by 39.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,898 shares of the utilities providers stock after acquiring an additional 25,393 shares during the quarter. Foundry Partners LLC owned about []

Prudential Financial Inc. acquired a new position in Unitil Co. (NYSE:UTL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,998 shares of the utilities providers stock, valued at approximately $900,000. Prudential Financial Inc. owned approximately 0.11% of Unitil as of its most []

Charles Schwab Investment Management Inc. raised its stake in Unitil Co. (NYSE:UTL) by 6.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 159,773 shares of the utilities providers stock after acquiring an additional 9,466 shares during the period. Charles Schwab Investment Management Inc.s []

State Street Corp boosted its position in Unitil Co. (NYSE:UTL) by 68.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 542,173 shares of the utilities provider’s stock after acquiring an additional 219,505 shares during the quarter. State Street Corp’s […]