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

York Water (NASDAQ:YORW) released its earnings results on Tuesday. The utilities provider reported $0.36 EPS for the quarter, missing the consensus estimate 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 Trading Up 1.4 %

Shares of YORW stock traded up $0.47 during trading hours on Tuesday, hitting $33.89. 18,887 shares of the company were exchanged, compared to its average volume of 61,488. York Water has a 1 year low of $29.86 and a 1 year high of $41.96. The firm has a fifty day moving average of $31.95 and a 200 day moving average of $35.05. The firm has a market cap of $487.13 million, a PE ratio of 22.90 and a beta of 0.64. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.87.

York Water Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, February 28th will be paid 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 of this dividend is Friday, February 28th. York Water’s dividend payout ratio is currently 58.78%.

About York Water

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.