American Water Works (AWK) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Water Works in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AWK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AWK, but not buy additional shares or sell existing shares.
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7 brokerages have issued 12 month price objectives for American Water Works' stock. Their AWK share price forecasts range from $138.00 to $180.00. On average, they expect the company's share price to reach $156.00 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price.
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American Water Works' stock was trading at $152.42 at the beginning of 2023. Since then, AWK stock has decreased by 4.3% and is now trading at $145.79.
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American Water Works saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,090,000 shares, an increase of 7.2% from the April 30th total of 1,950,000 shares. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is presently 1.8 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
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American Water Works Company, Inc. (NYSE:AWK) issued its earnings results on Thursday, April, 27th. The utilities provider reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by $0.01. The utilities provider earned $938 million during the quarter, compared to the consensus estimate of $903.84 million. American Water Works had a trailing twelve-month return on equity of 10.22% and a net margin of 21.40%. American Water Works's quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS.
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American Water Works announced a quarterly dividend on Wednesday, April 26th. Stockholders of record on Tuesday, May 9th will be given a dividend of $0.7075 per share on Thursday, June 1st. This represents a $2.83 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Monday, May 8th. This is a positive change from the stock's previous quarterly dividend of $0.66.
Read our dividend analysis for AWK.

ETFs with the largest weight of American Water Works (NYSE:AWK) stock in their portfolio include Invesco S&P Global Water Index ETF (CGW), Ecofin Global Water ESG Fund (EBLU), Global X Clean Water ETF (AQWA), iShares Environmental Infrastructure and Industrials ETF (EFRA), iShares MSCI Water Management Multisector ETF (IWTR), Invesco Water Resources ETF (PHO), Invesco Global Water ETF (PIO) and First Trust Water ETF (FIW).

American Water Works (NYSE:AWK) pays an annual dividend of $2.83 per share and currently has a dividend yield of 1.94%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 62.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWK will have a dividend payout ratio of 55.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AWK.

American Water Works updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $4.72-$4.82 for the period, compared to the consensus earnings per share estimate of $4.78. The company issued revenue guidance of -.

9 employees have rated American Water Works Chief Executive Officer Walter Lynch on Glassdoor.com. Walter Lynch has an approval rating of 37% among the company's employees. This puts Walter Lynch in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Water Works investors own include Johnson & Johnson (JNJ), AT&T (T), Alibaba Group (BABA), Home Depot (HD), NVIDIA (NVDA), Visa (V), Walmart (WMT), AbbVie (ABBV), Bank of America (BAC) and Cisco Systems (CSCO).

American Water Works trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWK."

American Water Works' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.89%), State Street Corp (5.58%), Pictet Asset Management SA (3.42%), Impax Asset Management Group plc (2.92%), Deutsche Bank AG (2.09%) and Geode Capital Management LLC (2.06%). Insiders that own company stock include Cheryl Norton, Martha Clark Goss, Maureen Duffy, Melanie M Kennedy, Melanie M Kennedy, Melissa K Wikle, Michael Marberry and Walter Lynch.
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Shares of AWK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AWK stock can currently be purchased for approximately $145.79.

American Water Works (NYSE:AWK) has a market capitalization of $28.38 billion and generates $3.79 billion in revenue each year. The utilities provider earns $820 million in net income (profit) each year or $4.55 on an earnings per share basis.

The company employs 6,500 workers across the globe.

American Water Works' mailing address is 1 WATER STREET, CAMDEN NJ, 08102. The official website for the company is www.amwater.com. The utilities provider can be reached via phone at (856) 955-4001, via email at ir@amwater.com, or via fax at 856-346-8360.