NYSE:AWK

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

$121.23
+1.36 (+1.13%)
(As of 02:34 PM ET)
Today's Range
$118.15
$121.33
50-Day Range
$113.82
$124.29
52-Week Range
$113.34
$152.99
Volume
533,798 shs
Average Volume
1.45 million shs
Market Capitalization
$23.62 billion
P/E Ratio
24.79
Dividend Yield
2.33%
Price Target
$141.80

American Water Works MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.3% Upside
$141.80 Price Target
Short Interest
Healthy
1.37% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
1.99
Upright™ Environmental Score
News Sentiment
0.81mentions of American Water Works in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$100,814 Sold Last Quarter
Proj. Earnings Growth
8.02%
From $5.24 to $5.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Utilities Sector

2nd out of 87 stocks

Water Supply Industry

1st out of 12 stocks

AWK stock logo

About American Water Works Stock (NYSE:AWK)

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 540 groundwater treatment plants; 175 wastewater treatment plants; 53,700 miles of transmission, distribution, and collection mains and pipes; 1,200 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 74 dams. The company was founded in 1886 and is headquartered in Camden, New Jersey.

AWK Stock Price History

AWK Stock News Headlines

Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
American Water Celebrates Earth Day 2024
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
American Water Works (NYSE:AWK) Hits New 52-Week Low at $114.05
American Water Works Co Inc hosts conference call for investors
3 Water Stocks to Snap Up Before the Next Shortage
3 Utility Stocks to Buy Ahead of Market Jitters
The 3 Best Water Stocks to Buy in April 2024
See More Headlines
Receive AWK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for American Water Works and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/1 Dividend
2/07/2024
Last Earnings
2/15/2024
Dividend Payable
3/01/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
Water Utilities
CUSIP
03042010
Employees
6,500
Year Founded
1886

Price Target and Rating

Average Stock Price Target
$141.80
High Stock Price Target
$169.00
Low Stock Price Target
$126.00
Potential Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$944 million
Pretax Margin
28.25%

Debt

Sales & Book Value

Annual Sales
$4.23 billion
Cash Flow
$8.60 per share
Book Value
$50.32 per share

Miscellaneous

Free Float
194,666,000
Market Cap
$23.60 billion
Optionable
Optionable
Beta
0.63

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Should I Buy American Water Works Stock? AWK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in American Water Works Company, Inc.:

  • American Water Works has a strong market presence, serving approximately 3.5 million active customers in 14 states, providing stability and revenue potential.
  • The company operates a wide range of water and wastewater treatment facilities, including surface water treatment plants, groundwater treatment plants, and wastewater treatment plants, showcasing a diverse portfolio.
  • Recent insider transactions, such as the sale of shares by an executive vice president, can indicate confidence in the company's performance and future prospects.
  • American Water Works has a relatively low beta of 0.63, suggesting lower volatility compared to the overall market, which can be attractive to risk-averse investors.
  • Despite a recent trading dip, the stock price of American Water Works remains stable, offering potential value for investors looking for long-term growth opportunities.

Cons

Investors should be bearish about investing in American Water Works Company, Inc. for these reasons:

  • Evercore ISI recently downgraded American Water Works' stock rating from "outperform" to "in-line," potentially signaling concerns about future performance and growth prospects.
  • The company's current ratio of 0.65 and quick ratio of 0.59 indicate a lower liquidity position, which may pose challenges in meeting short-term financial obligations.
  • American Water Works' P/E ratio of 23.96 and P/E/G ratio of 2.98 suggest that the stock may be currently overvalued based on its earnings and growth potential.
  • Ownership by institutional investors and hedge funds at 84.99% could lead to limited influence for individual retail investors in decision-making processes within the company.
  • Recent selling of shares by institutional investors, such as the Public Employees Retirement System of Ohio, may raise concerns about the overall sentiment towards the company's future performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these American Water Works pros and cons to contact@marketbeat.com.

AWK Stock Analysis - Frequently Asked Questions

Should I buy or sell American Water Works stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Water Works in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AWK shares.
View AWK analyst ratings
or view top-rated stocks.

What is American Water Works' stock price target for 2024?

3 equities research analysts have issued 1 year price targets for American Water Works' stock. Their AWK share price targets range from $126.00 to $169.00. On average, they predict the company's share price to reach $141.80 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
View analysts price targets for AWK
or view top-rated stocks among Wall Street analysts.

How have AWK shares performed in 2024?

American Water Works' stock was trading at $131.99 at the start of the year. Since then, AWK shares have decreased by 8.4% and is now trading at $120.91.
View the best growth stocks for 2024 here
.

Are investors shorting American Water Works?

American Water Works saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,670,000 shares, an increase of 6.4% from the February 29th total of 2,510,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the days-to-cover ratio is currently 2.0 days.
View American Water Works' Short Interest
.

When is American Water Works' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our AWK earnings forecast
.

How can I listen to American Water Works' earnings call?

American Water Works will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were American Water Works' earnings last quarter?

American Water Works Company, Inc. (NYSE:AWK) issued its quarterly earnings results on Thursday, February, 15th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.04. The utilities provider earned $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. American Water Works had a trailing twelve-month return on equity of 9.70% and a net margin of 22.30%. The company's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.81 EPS.
Read the conference call transcript
.

How often does American Water Works pay dividends? What is the dividend yield for American Water Works?

American Water Works announced a quarterly dividend on Wednesday, December 6th. Stockholders of record on Thursday, February 8th will be given a dividend of $0.7075 per share on Friday, March 1st. This represents a $2.83 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Wednesday, February 7th.
Read our dividend analysis for AWK
.

Is American Water Works a good dividend stock?

American Water Works (NYSE:AWK) pays an annual dividend of $2.83 per share and currently has a dividend yield of 2.37%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 57.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWK will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AWK.

What guidance has American Water Works issued on next quarter's earnings?

American Water Works issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 5.200-5.300 for the period, compared to the consensus earnings per share estimate of 5.160. The company issued revenue guidance of -.

What is Walter Lynch's approval rating as American Water Works' CEO?

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.

What other stocks do shareholders of American Water Works own?

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).

Who are American Water Works' major shareholders?

American Water Works' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.10%), Assenagon Asset Management S.A. (0.47%), Raymond James & Associates (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Everett Harris & Co. CA (0.16%) and Maryland State Retirement & Pension System (0.09%). 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.
View institutional ownership trends
.

How do I buy shares of American Water Works?

Shares of AWK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AWK) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners