I've never seen a utility take such a nose dive like this one is. It's a small utility so I guess it's more sensitive to such news?
Bad qtr, EPS a low .26 Lower future guidance due to higher expenses, even with new rates. One or 2 bad storms in 2015 could hurt. Need to watch the payout ratio for the div. UBS downgrade to sell certainly isn't helping. It may be oversold now.