Aqua America, Inc, through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. It offers water services through operating and maintenance contracts with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through third-party.
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Industry, Sector and Symbol
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Phone610-527-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$838.09 million
Profitability
Miscellaneous
Employees1,570
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Aqua America (NYSE:WTR) Frequently Asked Questions
What is Aqua America's stock symbol?
Aqua America trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTR."
How often does Aqua America pay dividends? What is the dividend yield for Aqua America?
Aqua America announced a quarterly dividend on Thursday, July 25th. Shareholders of record on Friday, August 16th will be given a dividend of $0.2343 per share on Sunday, September 1st. This represents a $0.94 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from Aqua America's previous quarterly dividend of $0.22. View Aqua America's Dividend History.
How were Aqua America's earnings last quarter?
Aqua America Inc (NYSE:WTR) announced its quarterly earnings results on Tuesday, August, 6th. The utilities provider reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.02. The utilities provider earned $218.90 million during the quarter, compared to analyst estimates of $221.07 million. Aqua America had a net margin of 17.18% and a return on equity of 10.13%. Aqua America's revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.37 earnings per share. View Aqua America's Earnings History.
When is Aqua America's next earnings date?
What guidance has Aqua America issued on next quarter's earnings?
Aqua America issued an update on its FY19 earnings guidance on Tuesday, August, 6th. The company provided EPS guidance of $1.45 to $1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.40.
What price target have analysts set for WTR?
9 analysts have issued 1-year price objectives for Aqua America's shares. Their forecasts range from $37.00 to $47.00. On average, they expect Aqua America's share price to reach $42.60 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Price Targets for Aqua America.
What is the consensus analysts' recommendation for Aqua America?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aqua America in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aqua America.
What are Wall Street analysts saying about Aqua America stock?
Here are some recent quotes from research analysts about Aqua America stock:
- 1. According to Zacks Investment Research, "Aqua America’s second-quarter earnings per share and revenues lagged expectations. Total revenues improved year over year due to rate activity, organic growth and contribution from its acquired assets. Aqua America continues to benefit from the expanding customer base, which is resulted from acquisitions and organic initiatives. The company aims to invest more than $1.4 billion in the 2019-2021-time frame for strengthening infrastructure. Shares of Aqua America have outperformed its industry in the past six months. However, similar to other water utilities, the company gets impacted by unfavorable weather conditions that reduce the demand for water and impact performance. Moreover, contamination of water supplied might result in disruption of water services and lead the company to incur extra cost." (8/22/2019)
- 2. Evercore ISI analysts commented, "We use a sum-of-the-parts approach to value WTR using a blend of water and gas multiples. At this current juncture, we think the stock trades above our bull-base valuation and we see limited near-term upside; our rating remains In Line. Earnings notes. 2Q19 adjusted EPS of $0.37 was flat to prior year. EPS growth from rate cases and customer growth (acquisitions/ organic) was offset by higher depreciation, lower consumption, and impact of repairs tax. 2019 capex is still expected to be ~$550mm and the company reaffirmed its $1.4bn capex plan through ’21, which supports 7% rate base growth in their legacy water business. The Y/Y customer growth rate is still expected to be between 2-3% for ’19 (from both organic growth and acquisitions). Peoples Gas update. Aqua still targets to close the Peoples Gas acquisition in fall of this year." (8/11/2019)
- 3. Boenning Scattergood analysts commented, "We reiterate our Outperform rating, with our $43 target based on our regulatory valuation system, which grants WTR a premium for its concentrated exposure to #1 ranked Pennsylvania (for details on our valuation methodology, see our state regulatory rankings report dated 10/8/2018)." (1/30/2019)
Has Aqua America been receiving favorable news coverage?
News coverage about WTR stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Aqua America earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Aqua America.
Who are some of Aqua America's key competitors?
Some companies that are related to Aqua America include American Water Works (AWK), Companhia de Saneamento Bsc DEDSP (SBS), American States Water (AWR), California Water Service Group (CWT), SJW Group (SJW), Middlesex Water (MSEX), Connecticut Water Service (CTWS), AquaVenture (WAAS), York Water (YORW), Artesian Resources (ARTNA), Cadiz (CDZI), Global Water Resources (GWRS), Pure Cycle (PCYO) and Consolidated Water (CWCO).
What other stocks do shareholders of Aqua America own?
Who are Aqua America's key executives?
Aqua America's management team includes the folowing people:
- Mr. Christopher H. Franklin, Chairman, Pres & CEO (Age 54)
- Mr. Daniel J. Schuller, Exec. VP & CFO (Age 49)
- Mr. Richard Scott Fox, Exec. VP & COO (Age 57)
- Mr. Christopher Paul Luning, Sr. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Matthew R. Rhodes, Exec. VP of Strategy & Corp. Devel. (Age 41)
Who are Aqua America's major shareholders?
Aqua America's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.56%), BlackRock Inc. (9.46%), BlackRock Inc. (9.46%), Zimmer Partners LP (5.20%), Pictet Asset Management Ltd. (2.83%) and Invesco Ltd. (1.33%). Company insiders that own Aqua America stock include Chris Franklin, Daniel J Hilferty III, Daniel Schuller, David Smeltzer, Richard Scott Fox and Tom Macneill. View Institutional Ownership Trends for Aqua America.
Which institutional investors are selling Aqua America stock?
WTR stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Prudential Financial Inc., Impax Asset Management Group plc, Ellis Investment Partners LLC, Texas Yale Capital Corp., Robecosam AG, Russell Investments Group Ltd. and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Aqua America.
Which institutional investors are buying Aqua America stock?
WTR stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Brookfield Asset Management Inc., Jennison Associates LLC, Jennison Associates LLC and Pictet Asset Management Ltd.. Company insiders that have bought Aqua America stock in the last two years include Chris Franklin, Daniel J Hilferty III, Daniel Schuller, Richard Scott Fox and Tom Macneill. View Insider Buying and Selling for Aqua America.
How do I buy shares of Aqua America?
Shares of WTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Aqua America's stock price today?
One share of WTR stock can currently be purchased for approximately $43.80.
How big of a company is Aqua America?
Aqua America has a market capitalization of $9.45 billion and generates $838.09 million in revenue each year. The utilities provider earns $191.99 million in net income (profit) each year or $1.41 on an earnings per share basis. Aqua America employs 1,570 workers across the globe.View Additional Information About Aqua America.
What is Aqua America's official website?
How can I contact Aqua America?
Aqua America's mailing address is 762 W. LANCASTER AVENUE, BRYN MAWR PA, 19010. The utilities provider can be reached via phone at 610-527-8000 or via email at [email protected]
MarketBeat Community Rating for Aqua America (NYSE WTR)
MarketBeat's community ratings are surveys of what our community members think about Aqua America and other stocks. Vote "Outperform" if you believe WTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
