UTG Company Profile and Key Details

Reaves Utility Income Fund (NYSE:UTG) closed at $35.91 USD, losing -$0.22 (-0.61%) from the previous close of $36.13. The stock is currently mid-range between its 52-week high and low $27.55 and $41.94. With a market capitalization of about $3.20 billion, Reaves Utility Income Fund is classified as a mid-cap and shows market-like volatility (beta ~0.86). Key stats such as the average daily volume over the past year has been around 290.68 thousand shares, in line with its 52-week average. Headquartered in Jersey City, NJ, Reaves Utility Income Fund operates in the Financial Services sector and the Asset Management - Income industry. Led by CEO Jeremy Oppegard May, the company employs approximately 0 people and listed since February 25, 2004. Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W.

Short-term trend indicators are mixed aligned (SMA20 -2.79%, SMA50 -4.61%, SMA200 0.2%). The stock’s 14-day RSI is 36.47 (weak momentum), while the ATR of 0.65 points to moderate volatility. The stock remains sitting in the mid-range of its 52-week band, trading -13.85% below its high and over 31.14% above its low. Average 10-day trading volume of 307.13 thousand shares is in line with the 3-month average of 285.78 thousand, indicating normal recent market interest.

Reaves Utility Income Fund last paid a dividend of 2.34 per share, this equals a trailing yield of roughly 6.96%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$0.18. This means the shares are trading below this model’s fair value.

currently trading near 52-week highs band. Valuation shows Reaves Utility Income Fund trading at a premium to the broader market with a P/E of 3.49.

Our AI price prediction model suggests that Reaves Utility Income Fund stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Reaves Utility Income Fund trades at a P/E ratio of 3.49, slightly below the S&P 500 average, with a price-to-sales ratio of 12.92 and a price-to-book ratio of 1.06 suggesting the stock is closer to book value. The P/FCF stands at -13.83, also below market averages.