The York Water Company (NASDAQ:YORW) released its quarterly earnings data on Thursday, November 2nd. The utilities provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03, Bloomberg Earnings reports. The firm had revenue of $12.69 million during the quarter. The York Water had a return on equity of 10.75% and a net margin of 25.75%.
Shares of The York Water (NASDAQ:YORW) opened at $34.00 on Monday. The company has a market capitalization of $437.25, a price-to-earnings ratio of 35.05 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 0.76. The York Water has a 12-month low of $30.25 and a 12-month high of $39.86.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.88%. The York Water’s dividend payout ratio (DPR) is presently 65.98%.
Separately, BidaskClub downgraded The York Water from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.
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The 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.
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