Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. It offers water and wastewater 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. It serves approximately three million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia. The company was formerly known as Philadelphia Suburban Corporation and changed its name to Aqua America, Inc. in 2004. Aqua America, Inc. was founded in 1968 and is based in Bryn Mawr, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Current SymbolNYSE:WTR
Previous Symbol
CUSIP03836W10
Phone610-527-8000
Debt
Debt-to-Equity Ratio1.11
Current Ratio0.52
Quick Ratio0.46
Price-To-Earnings
Trailing P/E Ratio24.57
Forward P/E Ratio23.87
P/E Growth4.39
Sales & Book Value
Annual Sales$809.53 million
Price / Sales7.40
Cash Flow$2.1744 per share
Price / Cash15.48
Book Value$11.02 per share
Price / Book3.05
Profitability
EPS (Most Recent Fiscal Year)$1.37
Net Income$239.73 million
Net Margins29.81%
Return on Equity12.64%
Return on Assets3.87%
Miscellaneous
Employees1,530
Outstanding Shares177,940,000
Market Cap$5.88 billion
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 Monday, November 5th. Investors of record on Friday, November 16th will be given a dividend of $0.219 per share on Saturday, December 1st. This represents a $0.88 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, November 15th. 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 Monday, November, 5th. The utilities provider reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.01. The utilities provider earned $226.10 million during the quarter, compared to analysts' expectations of $238.86 million. Aqua America had a net margin of 29.81% and a return on equity of 12.64%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. 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 updated its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $1.40-1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40. Aqua America also updated its FY 2018 guidance to $1.40-1.42 EPS.
What price target have analysts set for WTR?
7 brokerages have issued 1 year target prices for Aqua America's shares. Their predictions range from $35.00 to $43.00. On average, they expect Aqua America's stock price to reach $37.8333 in the next year. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Aqua America.
What is the consensus analysts' recommendation for Aqua America?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aqua America in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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, "In last six months, Aqua America’s shares have outperformed the industry it belongs to. Aqua America continues to benefit from its expanding customer base resulting from acquisitions and organic initiatives. The company aims to invest more than $1.4 billion in the 2018-2020-time frame, which will improve its capability to serve its expanding customer base and lower dependence on other water suppliers. Aqua America, like other water utilities, was impacted by unfavorable weather conditions that reduce demand for water and increase expenses needed for repair of damaged infrastructure. Moreover, contamination of water supplied might result in disruption of water services and lead the company to incur extra cost." (10/22/2018)
- 2. Boenning Scattergood analysts commented, "We lower WTR (which at a P/E of 25 times trades in-line with peers) to Neutral. Key Points: HB 1782 proposes decoupling in Pennsylvania. House Bill 1782 (link to pdf HERE) recently emerged from committee in the PA General Assembly, focusing on “Alternative Ratemaking” for regulated utilities. While a variety of mechanisms are outlined in the bill, including formula rates, performance-based rates, and multi-year rate plans, by far the biggest development in HB 1782 is the proposed adoption of decoupling. Pioneered in California, decoupling enables water utilities to offset lower volume sales with higher rates (thereby “decoupling” the top-line from volumetric sales). Overall, while HB 1782 does have some constructive elements, the potential implementation of decoupling in PA is concerning given the precedent set in other states, where the adoption of decoupling was the catalyst for a prolonged slide in regulatory climate." (4/24/2018)
Has Aqua America been receiving favorable news coverage?
News articles about WTR stock have trended very positive on Monday, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Aqua America earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave press coverage 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 near future.
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 Basico (SBS), American States Water (AWR), California Water Service Group (CWT), SJW Group (SJW), Connecticut Water Service (CTWS), Middlesex Water (MSEX), AquaVenture (WAAS), York Water (YORW), Artesian Resources (ARTNA), Cadiz (CDZI), Pure Cycle (PCYO), Global Water Resources (GWRS) and Consolidated Water (CWCO).
Who are Aqua America's key executives?
Aqua America's management team includes the folowing people:
- Mr. Christopher H. Franklin, Chairman, Pres & CEO (Age 53)
- Mr. David P. Smeltzer, Exec. VP & CFO (Age 59)
- Mr. Richard Scott Fox, Exec. VP & COO (Age 56)
- Mr. Christopher Paul Luning, Sr. VP, Gen. Counsel & Sec. (Age 50)
- Mr. Daniel J. Schuller, Exec. VP & Deputy CFO (Age 48)
Who are Aqua America's major shareholders?
Aqua America's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.33%), Pictet Asset Management Ltd. (3.03%), Bank of New York Mellon Corp (1.47%), Alliancebernstein L.P. (0.71%), First Trust Advisors LP (0.55%) and Dimensional Fund Advisors LP (0.53%). Company insiders that own Aqua America stock include Chris Franklin, Daniel J Hilferty III, Daniel Schuller, David Smeltzer, Jeff Sheppard, Richard H Glanton, Richard Scott Fox, Robert A Rubin and Tom Macneill. View Institutional Ownership Trends for Aqua America.
Which major investors are selling Aqua America stock?
WTR stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Deutsche Bank AG, JPMorgan Chase & Co., JPMorgan Chase & Co., Wells Fargo & Company MN, TIAA CREF Investment Management LLC, IndexIQ Advisors LLC and Cornerstone Wealth Management LLC. View Insider Buying and Selling for Aqua America.
Which major investors are buying Aqua America stock?
WTR stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Pictet Asset Management Ltd., BlackRock Inc., Renaissance Technologies LLC, WINTON GROUP Ltd, Man Group plc, First Trust Advisors LP and Russell Investments Group Ltd.. Company insiders that have bought Aqua America stock in the last two years include Chris Franklin, Daniel J Hilferty III, Daniel Schuller, Jeff Sheppard, 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, Scottrade, Fidelity and Charles Schwab.
What is Aqua America's stock price today?
One share of WTR stock can currently be purchased for approximately $33.81.
How big of a company is Aqua America?
Aqua America has a market capitalization of $5.88 billion and generates $809.53 million in revenue each year. The utilities provider earns $239.73 million in net income (profit) each year or $1.37 on an earnings per share basis. Aqua America employs 1,530 workers across the globe.
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.
