Press coverage about York Water (NASDAQ:YORW) has trended positive on Saturday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. York Water earned a media sentiment score of 0.36 on Alpha One’s scale. Alpha One also gave news stories about the utilities provider an impact score of 48 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected AlphaOne Sentiment’s scoring:
- York Water Co (YORW) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- York Water Co (YORW) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- 10 Companies That Have Paid Dividends for More Than 120 Years (finance.yahoo.com)
- ETFs with exposure to York Water Co. : May 15, 2017 (finance.yahoo.com)
York Water (NASDAQ:YORW) traded down 0.16% during trading on Friday, hitting $32.15. 23,292 shares of the company traded hands. The firm has a market capitalization of $412.93 million, a P/E ratio of 34.61 and a beta of 0.56. The stock has a 50-day moving average price of $35.17 and a 200-day moving average price of $35.46. York Water has a 12-month low of $26.75 and a 12-month high of $39.85.
York Water (NASDAQ:YORW) last released its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.01. York Water had a return on equity of 11.17% and a net margin of 26.25%. The business had revenue of $11.29 million during the quarter. Equities analysts expect that York Water will post $0.96 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be paid a $0.1602 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Wednesday, June 28th. York Water’s dividend payout ratio (DPR) is 66.67%.
Separately, Zacks Investment Research cut shares of York Water from a “buy” rating to a “hold” rating in a research note on Friday.
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About York Water
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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