Free Trial

Essential Utilities (WTRG) Stock Price, News & Analysis

$36.96
-0.04 (-0.11%)
(As of 06/12/2024 ET)
Today's Range
$36.93
$37.80
50-Day Range
$33.88
$39.67
52-Week Range
$32.07
$43.26
Volume
894,824 shs
Average Volume
1.67 million shs
Market Capitalization
$10.11 billion
P/E Ratio
17.52
Dividend Yield
3.33%
Price Target
$43.00

Essential Utilities MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.3% Upside
$43.00 Price Target
Short Interest
Healthy
2.35% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.18
Upright™ Environmental Score
News Sentiment
1.35mentions of Essential Utilities in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$281,035 Sold Last Quarter
Proj. Earnings Growth
7.11%
From $1.97 to $2.11 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.

4.70 out of 5 stars

Utilities Sector

8th out of 87 stocks

Water Supply Industry

1st out of 12 stocks

WTRG stock logo

About Essential Utilities Stock (NYSE:WTRG)

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. In addition, the company provides utility service line protection solutions and repair services to households. It serves approximately 5.5 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, Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.

WTRG Stock Price History

WTRG Stock News Headlines

The 3 Best Water Stocks to Buy in May 2024
Q1 2024 Essential Utilities Inc Earnings Call
See More Headlines
Receive WTRG Stock News and Ratings via Email

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

Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/1 Dividend
5/09/2024
Dividend Payable
6/01/2024
Today
6/13/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
N/A
Employees
3,258
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$45.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+16.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$498.23 million
Pretax Margin
27.18%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$3.08 per share
Book Value
$21.58 per share

Miscellaneous

Free Float
272,950,000
Market Cap
$10.11 billion
Optionable
Optionable
Beta
0.84
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

WTRG Stock Analysis - Frequently Asked Questions

Should I buy or sell Essential Utilities stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Essential Utilities in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WTRG shares.
View WTRG analyst ratings
or view top-rated stocks.

What is Essential Utilities' stock price target for 2024?

5 equities research analysts have issued twelve-month price objectives for Essential Utilities' shares. Their WTRG share price targets range from $42.00 to $45.00. On average, they anticipate the company's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts price targets for WTRG
or view top-rated stocks among Wall Street analysts.

How have WTRG shares performed in 2024?

Essential Utilities' stock was trading at $37.35 at the beginning of the year. Since then, WTRG stock has decreased by 1.0% and is now trading at $36.96.
View the best growth stocks for 2024 here
.

When is Essential Utilities' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our WTRG earnings forecast
.

How were Essential Utilities' earnings last quarter?

Essential Utilities, Inc. (NYSE:WTRG) released its quarterly earnings results on Thursday, May, 2nd. The company reported $0.73 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.03. The company earned $612.07 million during the quarter, compared to analysts' expectations of $747.44 million. Essential Utilities had a trailing twelve-month return on equity of 8.62% and a net margin of 29.52%.

How often does Essential Utilities pay dividends? What is the dividend yield for Essential Utilities?

Essential Utilities declared a quarterly dividend on Wednesday, February 21st. Stockholders of record on Friday, May 10th will be paid a dividend of $0.3071 per share on Saturday, June 1st. This represents a $1.23 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date of this dividend is Thursday, May 9th. This is a boost from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for WTRG
.

Is Essential Utilities a good dividend stock?

Essential Utilities (NYSE:WTRG) pays an annual dividend of $1.23 per share and currently has a dividend yield of 3.32%. The dividend payout ratio is 58.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WTRG will have a dividend payout ratio of 58.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WTRG.

What guidance has Essential Utilities issued on next quarter's earnings?

Essential Utilities issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 2.000- for the period, compared to the consensus earnings per share estimate of 1.980. The company issued revenue guidance of -.

Who are Essential Utilities' major shareholders?

Essential Utilities' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.20%), Nordea Investment Management AB (1.25%), Tandem Investment Advisors Inc. (0.74%), Epoch Investment Partners Inc. (0.46%), Principal Financial Group Inc. (0.41%) and ProShare Advisors LLC (0.31%). Insiders that own company stock include Chris Franklin, Colleen Arnold, Daniel Schuller, Ellen T Ruff and Robert A Rubin.
View institutional ownership trends
.

How do I buy shares of Essential Utilities?

Shares of WTRG 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:WTRG) was last updated on 6/13/2024 by MarketBeat.com Staff

From Our Partners