Top-Rated Dividend StocksTop-Rated Dividend Essential Utilities Stock Price, News & Analysis (NYSE:WTRG) $35.83 -0.43 (-1.19%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$35.78▼$36.3650-Day Range$32.59▼$36.2552-Week Range$32.07▼$49.89Volume1.56 million shsAverage Volume1.24 million shsMarket Capitalization$9.79 billionP/E Ratio19.91Dividend Yield3.40%Price Target$48.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Essential Utilities MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.7% Upside$48.25 Price TargetShort InterestHealthy1.98% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.18Upright™ Environmental ScoreNews Sentiment0.28Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.53%From $1.86 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.98 out of 5 starsUtilities Sector4th out of 86 stocksWater Supply Industry2nd out of 9 stocks 3.5 Analyst's Opinion Consensus RatingEssential Utilities has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.25, Essential Utilities has a forecasted upside of 34.7% from its current price of $35.83.Amount of Analyst CoverageEssential Utilities has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.98% of the outstanding shares of Essential Utilities have been sold short.Short Interest Ratio / Days to CoverEssential Utilities has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Essential Utilities has recently increased by 37.31%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldEssential Utilities pays a meaningful dividend of 3.41%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEssential Utilities has been increasing its dividend for 31 years.Dividend CoverageThe dividend payout ratio of Essential Utilities is 67.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Essential Utilities will have a dividend payout ratio of 61.00% next year. This indicates that Essential Utilities will be able to sustain or increase its dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEssential Utilities has received a 30.22% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution services", "Drinking water distribution services", and "Drinking water treatment services" products. See details.Environmental SustainabilityThe Environmental Impact score for Essential Utilities is -2.18. Previous Next 2.4 News and Social Media Coverage News SentimentEssential Utilities has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Essential Utilities this week, compared to 4 articles on an average week.Search InterestOnly 8 people have searched for WTRG on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.MarketBeat Follows7 people have added Essential Utilities to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essential Utilities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.18% of the stock of Essential Utilities is held by insiders.Percentage Held by Institutions73.01% of the stock of Essential Utilities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Essential Utilities are expected to grow by 7.53% in the coming year, from $1.86 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essential Utilities is 19.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Essential Utilities is 19.91, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 103.39.Price to Earnings Growth RatioEssential Utilities has a PEG Ratio of 3.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEssential Utilities has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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. 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. It serves approximately 8.8 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, West 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.Read More WTRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WTRG Stock News HeadlinesDecember 2, 2023 | americanbankingnews.comEssential Utilities, Inc. (NYSE:WTRG) Given Average Recommendation of "Buy" by BrokeragesDecember 1, 2023 | uk.finance.yahoo.comEssential Utilities, Inc. (A2A.F)December 6, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 1, 2023 | msn.comAmerican Water (AWK) Arm to Buy Salem City Water & Sewer AssetsNovember 27, 2023 | finance.yahoo.comWith 77% ownership, Essential Utilities, Inc. (NYSE:WTRG) boasts of strong institutional backingNovember 8, 2023 | finance.yahoo.comEssential Utilities, Inc. (NYSE:WTRG) Q3 2023 Earnings Call TranscriptNovember 8, 2023 | finance.yahoo.comQ3 2023 Essential Utilities Inc Earnings CallNovember 7, 2023 | finance.yahoo.comEssential Utilities (WTRG) Q3 Earnings Surpass EstimatesDecember 6, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 7, 2023 | finance.yahoo.comEssential Utilities Inc (WTRG) Reports Q3 2023 Earnings, Reaffirms Annual GuidanceNovember 7, 2023 | seekingalpha.comEssential Utilities, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 6, 2023 | finance.yahoo.comEssential Utilities Reports Financial Results for Q3 2023November 4, 2023 | msn.comEdward Jones Upgrades Essential Utilities (WTRG)November 2, 2023 | finance.yahoo.comAmerican Water (AWK) Q3 Earnings & Revenues Surpass EstimatesOctober 30, 2023 | finance.yahoo.comThe past year for Essential Utilities (NYSE:WTRG) investors has not been profitableOctober 27, 2023 | finance.yahoo.comEssential Utilities Announces Election of Roderick K. West to Board of DirectorsOctober 25, 2023 | finance.yahoo.comEssential Declares December 2023 DividendOctober 13, 2023 | msn.comAmerican Water's (AWK) Pennsylvania Arm to Invest in ExpansionOctober 7, 2023 | seekingalpha.comEssential Utilities Is The Cheapest It Has Been In More Than A DecadeOctober 6, 2023 | seekingalpha.comEssential Utilities: Buy This Cheap, Ultra SWAN Dividend StockOctober 6, 2023 | finance.yahoo.comEssential Utilities to Report Earnings for Q3 2023October 5, 2023 | msn.comUBS Maintains Essential Utilities (WTRG) Buy RecommendationOctober 4, 2023 | bizjournals.comPeoples' parent company to sell 3 Allegheny County utility assets for $165 millionOctober 4, 2023 | finance.yahoo.comEssential Utilities’ Aqua Pennsylvania Agrees to Purchase Greenville Water System for $18 MillionOctober 3, 2023 | msn.comEssential Utilities to sell microgrid, district energy projects in $165M dealOctober 3, 2023 | finance.yahoo.comCordia Acquiring Three Cutting-Edge Energy Systems from Essential Utilities in Allegheny CountyOctober 2, 2023 | finance.yahoo.comEssential Utilities Completes Sale of West Virginia Gas Utility AssetsSee 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. Email Address Company Calendar Last Earnings11/06/2023Ex-Dividend for 12/1 Dividend11/09/2023Dividend Payable12/01/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water supply Sub-IndustryN/A SectorUtilities Current SymbolNYSE:WTRG CUSIPN/A CIK78128 Webwww.essential.co Phone(610) 527-8000Fax610-645-1061Employees3,187Year FoundedN/APrice Target and Rating Average Stock Price Target$48.25 High Stock Price Target$54.00 Low Stock Price Target$42.00 Potential Upside/Downside+34.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.80 Trailing P/E Ratio19.91 Forward P/E Ratio19.26 P/E Growth3.46Net Income$465.24 million Net Margins20.95% Pretax Margin18.95% Return on Equity8.52% Return on Assets2.98% Debt Debt-to-Equity Ratio1.09 Current Ratio0.46 Quick Ratio0.31 Sales & Book Value Annual Sales$2.28 billion Price / Sales4.29 Cash Flow$2.98 per share Price / Cash Flow12.02 Book Value$20.50 per share Price / Book1.75Miscellaneous Outstanding Shares273,166,000Free Float272,674,000Market Cap$9.79 billion OptionableOptionable Beta0.77 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Christopher H. Franklin (Age 58)Chairman, President & CEO Comp: $2.18MMr. Daniel J. Schuller (Age 53)Executive VP & CFO Comp: $910.45kMr. Christopher Paul Luning (Age 55)Executive VP & General Counsel Comp: $754.27kMr. Matthew R. Rhodes (Age 45)Executive Vice President of Strategy & Corporate Development Comp: $855.48kMs. Christina KellySenior VP & Chief Human Resources OfficerMs. Colleen M. Arnold (Age 52)President of Aqua Water Comp: $535.72kMr. Robert A. Rubin (Age 60)Senior VP, Controller & Chief Accounting Officer Mr. Sumit NairVP & Chief Information OfficerMs. Susan F. HaindlSenior VP & Chief Administrative OfficerMr. Brian DingerdissenVice President of Investor Relations & TreasurerMore ExecutivesKey CompetitorsAmerican States WaterNYSE:AWRCalifornia Water Service GroupNYSE:CWTAmerican Water WorksNYSE:AWKKorea Electric PowerNYSE:KEPNRG EnergyNYSE:NRGView All CompetitorsInsiders & InstitutionsPhoenix Holdings Ltd.Bought 1,055 shares on 12/4/2023Ownership: 0.003%American Century Companies Inc.Bought 430 shares on 11/30/2023Ownership: 0.004%Bar Harbor Wealth ManagementBought 585 shares on 11/28/2023Ownership: 0.002%Deutsche Bank AGSold 263,837 shares on 11/24/2023Ownership: 0.220%EP Wealth Advisors LLCSold 21,984 shares on 11/24/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions WTRG Stock Analysis - Frequently Asked Questions Should I buy or sell Essential Utilities stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Essential Utilities in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 12-month price objectives for Essential Utilities' shares. Their WTRG share price targets range from $42.00 to $54.00. On average, they expect the company's stock price to reach $48.25 in the next year. This suggests a possible upside of 34.7% 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 2023? Essential Utilities' stock was trading at $47.73 at the beginning of 2023. Since then, WTRG stock has decreased by 24.9% and is now trading at $35.83. View the best growth stocks for 2023 here. Are investors shorting Essential Utilities? Essential Utilities saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 5,410,000 shares, an increase of 37.3% from the October 31st total of 3,940,000 shares. Based on an average daily volume of 1,460,000 shares, the days-to-cover ratio is currently 3.7 days. View Essential Utilities' Short Interest. When is Essential Utilities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our WTRG earnings forecast. How were Essential Utilities' earnings last quarter? Essential Utilities, Inc. (NYSE:WTRG) announced its quarterly earnings data on Monday, November, 6th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.01. The company earned $411.26 million during the quarter, compared to the consensus estimate of $455.20 million. Essential Utilities had a trailing twelve-month return on equity of 8.52% and a net margin of 20.95%. The company's revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.26 earnings per share. How often does Essential Utilities pay dividends? What is the dividend yield for Essential Utilities? Essential Utilities announced a quarterly dividend on Wednesday, October 25th. Shareholders of record on Friday, November 10th will be paid a dividend of $0.3071 per share on Friday, December 1st. This represents a $1.23 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend is Thursday, November 9th. Read our dividend analysis for WTRG. Is Essential Utilities a good dividend stock? Essential Utilities (NYSE:WTRG) pays an annual dividend of $1.22 per share and currently has a dividend yield of 3.41%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WTRG will have a dividend payout ratio of 61.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WTRG. What ETFs hold Essential Utilities' stock? ETFs with the largest weight of Essential Utilities (NYSE:WTRG) stock in their portfolio include Global X Clean Water ETF (AQWA), Invesco S&P Global Water Index ETF (CGW), iShares Environmental Infrastructure and Industrials ETF (EFRA), Ecofin Global Water ESG Fund (EBLU), First Trust Water ETF (FIW), Invesco Water Resources ETF (PHO), Invesco Real Assets ESG ETF (IVRA) and ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL). What guidance has Essential Utilities issued on next quarter's earnings? Essential Utilities updated its FY 2023 earnings guidance on Monday, November, 6th. The company provided EPS guidance of $1.85-$1.90 for the period, compared to the consensus EPS estimate of $1.86. The company issued revenue guidance of -. Who are Essential Utilities' major shareholders? Essential Utilities' stock is owned by many different retail and institutional investors. Top institutional investors include Invesco Ltd. (1.50%), Northern Trust Corp (1.24%), Legal & General Group Plc (1.07%), Bank of New York Mellon Corp (0.99%), Morgan Stanley (0.81%) and Tandem Investment Advisors Inc. (0.74%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:WTRG) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Essential Utilities, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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