Brokerages expect York Water Co (NASDAQ:YORW) to report earnings per share of $0.25 for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for York Water’s earnings. York Water reported earnings per share of $0.27 during the same quarter last year, which indicates a negative year-over-year growth rate of 7.4%. The company is expected to issue its next earnings results on Tuesday, March 5th.

According to Zacks, analysts expect that York Water will report full year earnings of $1.00 per share for the current fiscal year. For the next financial year, analysts forecast that the business will post earnings of $1.16 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that follow York Water.

York Water (NASDAQ:YORW) last issued its earnings results on Friday, November 2nd. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. York Water had a net margin of 27.15% and a return on equity of 10.88%. The business had revenue of $12.70 million during the quarter, compared to the consensus estimate of $12.44 million.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of York Water from a “sell” rating to a “hold” rating in a research note on Thursday, December 20th. BidaskClub upgraded shares of York Water from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 12th. ValuEngine upgraded shares of York Water from a “hold” rating to a “buy” rating in a research note on Thursday, November 1st. Finally, Boenning Scattergood reiterated an “outperform” rating on shares of York Water in a research note on Thursday, October 11th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. York Water has a consensus rating of “Buy”.

Shares of NASDAQ:YORW opened at $31.58 on Friday. York Water has a 52-week low of $27.45 and a 52-week high of $36.10. The stock has a market capitalization of $403.86 million, a P/E ratio of 31.27 and a beta of 0.24. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.43 and a quick ratio of 0.38.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be given a dividend of $0.173 per share. The ex-dividend date is Friday, December 28th. This is an increase from York Water’s previous quarterly dividend of $0.17. This represents a $0.69 annualized dividend and a yield of 2.19%. York Water’s dividend payout ratio (DPR) is 68.32%.

Hedge funds have recently modified their holdings of the business. Cutler Group LP lifted its position in York Water by 214.5% during the third quarter. Cutler Group LP now owns 5,494 shares of the utilities provider’s stock worth $168,000 after acquiring an additional 3,747 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in York Water during the third quarter worth approximately $225,000. MetLife Investment Advisors LLC lifted its position in York Water by 48.7% during the third quarter. MetLife Investment Advisors LLC now owns 9,953 shares of the utilities provider’s stock worth $303,000 after acquiring an additional 3,258 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in York Water during the third quarter worth approximately $378,000. Finally, Russell Investments Group Ltd. lifted its position in York Water by 22.9% during the third quarter. Russell Investments Group Ltd. now owns 14,935 shares of the utilities provider’s stock worth $454,000 after acquiring an additional 2,786 shares during the last quarter. Hedge funds and other institutional investors own 35.08% of the company’s stock.

About York Water

The York Water Company impounds, purifies, and distributes drinking water. It also owns and operates three wastewater collection systems and two wastewater treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water.

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