York Water Co (NASDAQ:YORW) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus target price of $35.00 for the company and are anticipating that the company will post $0.25 EPS for the current quarter, according to Zacks. Zacks has also given York Water an industry rank of 58 out of 256 based on the ratings given to its competitors.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of York Water from a “sell” rating to a “hold” rating in a research note on Thursday, December 20th. BidaskClub raised shares of York Water from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 12th. ValuEngine raised shares of York Water from a “hold” rating to a “buy” rating in a research note on Thursday, November 1st. Finally, Boenning Scattergood reaffirmed an “outperform” rating on shares of York Water in a research note on Thursday, October 11th.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of York Water by 0.8% in the third quarter. BlackRock Inc. now owns 761,776 shares of the utilities provider’s stock valued at $23,158,000 after acquiring an additional 5,916 shares during the period. Vanguard Group Inc. raised its stake in shares of York Water by 2.9% in the third quarter. Vanguard Group Inc. now owns 670,540 shares of the utilities provider’s stock valued at $20,384,000 after acquiring an additional 19,201 shares during the period. Vanguard Group Inc raised its stake in shares of York Water by 2.9% in the third quarter. Vanguard Group Inc now owns 670,540 shares of the utilities provider’s stock valued at $20,384,000 after acquiring an additional 19,201 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of York Water by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 438,924 shares of the utilities provider’s stock valued at $13,343,000 after acquiring an additional 10,083 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of York Water by 20.1% in the third quarter. Renaissance Technologies LLC now owns 235,600 shares of the utilities provider’s stock valued at $7,162,000 after acquiring an additional 39,400 shares during the period. 35.08% of the stock is currently owned by institutional investors and hedge funds.

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

York Water (NASDAQ:YORW) last released its quarterly earnings results on Friday, November 2nd. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.29. The company had revenue of $12.70 million for the quarter, compared to the consensus estimate of $12.44 million. York Water had a net margin of 27.15% and a return on equity of 10.88%. On average, equities research analysts predict that York Water will post 1 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be paid a $0.173 dividend. The ex-dividend date is Friday, December 28th. This represents a $0.69 annualized dividend and a dividend yield of 2.19%. This is an increase from York Water’s previous quarterly dividend of $0.17. York Water’s dividend payout ratio is currently 68.32%.

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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