Mueller Water Products Stock Price, News & Analysis (NYSE:MWA)

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mueller Water Products in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MWA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MWA, but not buy additional shares or sell existing shares.
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7 brokers have issued 1-year price targets for Mueller Water Products' stock. Their MWA share price targets range from $12.00 to $19.00. On average, they anticipate the company's stock price to reach $14.20 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
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Mueller Water Products' stock was trading at $10.76 at the start of the year. Since then, MWA shares have increased by 27.4% and is now trading at $13.71.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 31st 2024.
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Mueller Water Products, Inc. (NYSE:MWA) posted its quarterly earnings results on Thursday, August, 3rd. The industrial products company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.02. The industrial products company earned $326.60 million during the quarter, compared to analysts' expectations of $351.74 million. Mueller Water Products had a trailing twelve-month return on equity of 12.22% and a net margin of 5.77%. Mueller Water Products's revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.19 EPS.

Mueller Water Products declared a quarterly dividend on Tuesday, October 24th. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.064 per share on Monday, November 20th. This represents a $0.26 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Wednesday, November 8th. This is a positive change from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for MWA.

Mueller Water Products (NYSE:MWA) pays an annual dividend of $0.26 per share and currently has a dividend yield of 1.89%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 53.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MWA will have a dividend payout ratio of 40.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MWA.

ETFs with the largest weight of Mueller Water Products (NYSE:MWA) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Global X Clean Water ETF (AQWA), Invesco S&P Global Water Index ETF (CGW), First Trust Water ETF (FIW), iShares Environmental Infrastructure and Industrials ETF (EFRA), Invesco Water Resources ETF (PHO) and Timothy Plan US Small Cap Core ETF (TPSC).

Mueller Water Products updated its FY 2023 earnings guidance on Thursday, October, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.22 billion-$1.25 billion, compared to the consensus revenue estimate of $1.25 billion.

14 employees have rated Mueller Water Products Chief Executive Officer Scott Hall on Glassdoor.com. Scott Hall has an approval rating of 33% among the company's employees. This puts Scott Hall 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 Mueller Water Products investors own include Enterprise Products Partners (EPD), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), AT&T (T), Ford Motor (F), AbbVie (ABBV), Advanced Micro Devices (AMD), OPKO Health (OPK) and

Mueller Water Products' stock is owned by many different institutional and retail investors. Top institutional investors include Nuance Investments LLC (7.76%), Brown Advisory Inc. (4.03%), Ancora Advisors LLC (3.35%), Van Lanschot Kempen Investment Management N.V. (2.03%), Gamco Investors INC. ET AL (2.03%) and Invesco Ltd. (1.56%). Insiders that own company stock include Kenji Takeuchi, Lydia W Thomas, Marietta Edmunds Zakas, Michael S Nancarrow, Michael T Tokarz, Shirley C Franklin, Steven S Heinrichs, Suzanne G Smith, Thomas J Hansen and Todd P Helms.
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Shares of MWA 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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