Aqua America Company Profile (NYSE:WTR)

Aqua America trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTR."

Aqua America announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Wednesday, August 16th will be given a dividend of $0.2047 per share on Friday, September 1st. This represents a $0.82 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Monday, August 14th. This is a boost from Aqua America's previous quarterly dividend of $0.19. View Aqua America's Dividend History.

Aqua America, Inc. (NYSE:WTR) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.34. The firm had revenue of $203.40 million for the quarter, compared to analyst estimates of $208.28 million. Aqua America had a net margin of 28.59% and a return on equity of 12.51%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 earnings per share. View Aqua America's Earnings History.

Aqua America is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Aqua America.

Aqua America updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $1.34-1.39 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.36.

4 brokers have issued 12-month target prices for Aqua America's shares. Their forecasts range from $32.00 to $38.00. On average, they expect Aqua America's stock price to reach $35.00 in the next year. View Analyst Ratings for Aqua America.

Here are some recent quotes from research analysts about Aqua America stock:

• 1. According to Zacks Investment Research, "Aqua America’s shares have outperformed the broader industry’s return in the last six months. Aqua America expects its customer base to expand 1.5%-2% in 2017 from 2016 levels, driven by acquisitions and organic initiatives. Its extensive network of water and wastewater systems, continuous investments in regulated assets and strategic acquisitions will boost its performance in the long run. However, Aqua America like other water utilities runs the inherent risk of contamination of water sources, which could raise its operating costs, while fluctuating weather conditions might dampen demand for water. In addition, securing essential funds for growth projects at a favorable rate could pose challenges for this capital-intensive utility post the interest rate hike. " (7/13/2017)
• 2. Robert W. Baird analysts commented, "Q4 results missed our/consensus revenue estimates but beat our EPS estimates, and the company reaffirmed 2017 guidance. Importantly, WTR achieved its 2016 investment (>$350M) and customer growth targets. Additionally, WTR continues to see revenue expansion through rate increases and infrastructure charges, although revenue growth was offset by the sale of market-based businesses in Q4. We continue to wait for a clearer path to earnings growth before becoming more constructive." (2/23/2017)

Some companies that are related to Aqua America include Brookfield Infrastructure Partners LP (BIP), Enersis Americas S.A. (ENIA), Red Electrica Corporacion SA (RDEIY), Centrica PLC (CNA), Suez Environnement SA (SZEVY), Emera (EMA), Pinnacle West Capital Corporation (PNW), Alliant Energy Corporation (LNT), Huaneng Power International (HNP), Atmos Energy Corporation (ATO), CPFL Energia S.A. (CPL), NiSource (NI), UGI Corporation (UGI), Scana Corporation (SCG), United Utilities Group PLC (UUGRY), Vistra Energy Corp. (VST), NRG Energy (NRG) and The AES Corporation (AES).

Aqua America's management team includes the folowing people:

• Christopher H. Franklin, President, Chief Executive Officer, Director
• David P. Smeltzer, Chief Financial Officer, Executive Vice President
• Richard Scott Fox, Chief Operating Officer
• Daniel J. Schuller Ph.D., Executive Vice President - Strategy, Corporate Development
• Robert A. Rubin, Senior Vice President, Chief Accounting Officer, Controller
• Christopher P. Luning, Senior Vice President, General Counsel, Secretary
• William C. Ross, Senior Vice President - Engineering and Environmental Affairs
• Nicholas DeBenedictis, Non-Executive Chairman of the Board
• Richard H. Glanton, Lead Independent Director
• Carolyn Jeanne Burke, Independent Director

Aqua America's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.69%), BlackRock Inc. (8.55%), State Street Corp (5.48%), Pictet Asset Management Ltd. (2.39%), Bank of New York Mellon Corp (1.51%) and Northern Trust Corp (1.17%). Company insiders that own Aqua America stock include Chris Franklin, David Smeltzer, Nicholas Debenedictis, Richard H Glanton, Richard Scott Fox, Robert A Rubin and William C Ross. View Institutional Ownership Trends for Aqua America.

Aqua America's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, MML Investors Services LLC, SG Americas Securities LLC, Goldman Sachs Group Inc., Citadel Advisors LLC, Royal Bank of Canada, BlackRock Inc. and Miller Howard Investments Inc. NY. Company insiders that have sold Aqua America stock in the last year include Richard H Glanton, Richard Scott Fox and Robert A Rubin. View Insider Buying and Selling for Aqua America.

Aqua America's stock was acquired by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Lord Abbett & CO. LLC, Vanguard Group Inc., Kennedy Capital Management Inc., Forsta AP Fonden, Principal Financial Group Inc., BRYN MAWR TRUST Co and Cambridge Trust Co.. View Insider Buying and Selling for Aqua America.

Shares of Aqua America can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Aqua America stock can currently be purchased for approximately $33.75.