York Water (NASDAQ:YORW) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

York Water (NASDAQ:YORW) issued its quarterly earnings results on Tuesday. The utilities provider reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01), Zacks reports. York Water had a net margin of 28.57% and a return on equity of 9.44%.

York Water Stock Performance

YORW traded up $0.47 on Tuesday, hitting $33.89. 18,887 shares of the company’s stock were exchanged, compared to its average volume of 61,488. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.87. The stock has a fifty day moving average of $31.95 and a two-hundred day moving average of $35.05. York Water has a twelve month low of $29.86 and a twelve month high of $41.96. The firm has a market cap of $487.13 million, a PE ratio of 22.90 and a beta of 0.64.

York Water Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, February 28th will be given a dividend of $0.2192 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Friday, February 28th. York Water’s dividend payout ratio is presently 58.78%.

York Water Company Profile

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.