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DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:WTRG

Essential Utilities Stock Forecast, Price & News

$49.41
-1.26 (-2.49%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$49.23
$50.81
50-Day Range
$46.93
$53.69
52-Week Range
$41.11
$53.93
Volume
979,302 shs
Average Volume
1.02 million shs
Market Capitalization
$12.49 billion
P/E Ratio
30.31
Dividend Yield
2.17%
Beta
0.6
30 days | 90 days | 365 days | Advanced Chart
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Essential Utilities logo

About Essential Utilities

Essential Utilities, Inc. is a holding company, which engages in the provision of water and wastewater services through its subsidiaries. It operates through the following segments: Regulated Water and Regulated Natural Gas. The Regulated Water segment includes water and wastewater regulated utility companies. The Regulated Natural Gas segment comprises of one operating segment representing natural gas utility companies, acquired in the peoples gas acquisition, where the company provides natural gas distribution services. The company was founded in 1968 and is headquartered in Bryn Mawr, PA.

Headlines

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Industry, Sector and Symbol

Industry
Water supply
Sub-Industry
N/A
Sector
Utilities
Employees
3,180
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$2.69 per share
Book Value
$19.10 per share

Profitability

Net Income
$284.85 million
Pretax Margin
22.62%

Debt

Price-To-Earnings

Miscellaneous

Free Float
252,288,000
Market Cap
$12.49 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/31/2021
Ex-Dividend for 12/1 Dividend
11/10/2021
Dividend Payable
12/01/2021
Today
1/17/2022
Next Earnings (Estimated)
2/23/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.61 out of 5 stars

Utilities Sector

21st out of 120 stocks

Water Supply Industry

5th out of 15 stocks

Analyst Opinion: 1.3Community Rank: 3.9Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Essential Utilities (NYSE:WTRG) Frequently Asked Questions

Is Essential Utilities a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essential Utilities in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Essential Utilities stock.
View analyst ratings for Essential Utilities
or view top-rated stocks.

How has Essential Utilities' stock been impacted by COVID-19?

Essential Utilities' stock was trading at $40.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WTRG stock has increased by 23.4% and is now trading at $49.41.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Essential Utilities?

Essential Utilities saw a increase in short interest in December. As of December 15th, there was short interest totaling 3,870,000 shares, an increase of 36.7% from the November 30th total of 2,830,000 shares. Based on an average daily volume of 879,500 shares, the short-interest ratio is presently 4.4 days.
View Essential Utilities' Short Interest
.

When is Essential Utilities' next earnings date?

Essential Utilities is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Essential Utilities
.

How were Essential Utilities' earnings last quarter?

Essential Utilities, Inc. (NYSE:WTRG) released its quarterly earnings results on Sunday, October, 31st. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.02. The firm had revenue of $361.86 million for the quarter, compared to analysts' expectations of $367 million. Essential Utilities had a trailing twelve-month return on equity of 8.87% and a net margin of 23.00%. During the same quarter last year, the firm posted $0.23 EPS.
View Essential Utilities' earnings history
.

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

Essential Utilities announced a quarterly dividend on Thursday, October 28th. Shareholders of record on Friday, November 12th will be given a dividend of $0.2682 per share on Wednesday, December 1st. This represents a $1.07 annualized dividend and a yield of 2.17%. The ex-dividend date is Wednesday, November 10th. This is a boost from Essential Utilities's previous quarterly dividend of $0.27.
View Essential Utilities' dividend history
.

Is Essential Utilities a good dividend stock?

Essential Utilities pays an annual dividend of $1.07 per share and currently has a dividend yield of 2.17%. Essential Utilities 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 of Essential Utilities is 65.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Essential Utilities will have a dividend payout ratio of 60.11% next year. This indicates that Essential Utilities will be able to sustain or increase its dividend.
View Essential Utilities' dividend history.

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

Essential Utilities updated its FY 2021 earnings guidance on Monday, November, 8th. The company provided earnings per share (EPS) guidance of $1.640-$1.690 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.680. The company issued revenue guidance of -.

What price target have analysts set for WTRG?

4 brokerages have issued 1-year price objectives for Essential Utilities' shares. Their forecasts range from $52.00 to $56.00. On average, they expect Essential Utilities' stock price to reach $54.00 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts' price targets for Essential Utilities
or view top-rated stocks among Wall Street analysts.

Who are Essential Utilities' key executives?

Essential Utilities' management team includes the following people:
  • Christopher H. Franklin, Chairman, President & Chief Executive Officer
  • Rick Fox, Chief Operating Officer & Executive Vice President
  • Dan Schuller, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
  • Christopher Paul Luning, Secretary, Executive VP & General Counsel
  • Robert A. Rubin, Chief Accounting Officer, Senior VP & Controller (LinkedIn Profile)

What is Essential Utilities' stock symbol?

Essential Utilities trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTRG."

Who are Essential Utilities' major shareholders?

Essential Utilities' stock is owned by many different institutional and retail investors. Top institutional investors include Gradient Investments LLC (0.10%), Silver Lake Advisory LLC (0.03%), Louisiana State Employees Retirement System (0.02%), DNB Asset Management AS (0.02%), State of Alaska Department of Revenue (0.01%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Essential Utilities stock include Chris Franklin, Daniel Schuller, Matthew Rhodes, Richard Scott Fox and Robert A Rubin.
View institutional ownership trends for Essential Utilities
.

Which institutional investors are selling Essential Utilities stock?

WTRG stock was sold by a variety of institutional investors in the last quarter, including MADDEN SECURITIES Corp, Spire Wealth Management, Stratos Wealth Partners LTD., State of Alaska Department of Revenue, and Murphy Capital Management Inc.. Company insiders that have sold Essential Utilities company stock in the last year include Chris Franklin, Daniel Schuller, and Robert A Rubin.
View insider buying and selling activity for Essential Utilities
or view top insider-selling stocks.

Which institutional investors are buying Essential Utilities stock?

WTRG stock was bought by a variety of institutional investors in the last quarter, including First Hawaiian Bank, Gradient Investments LLC, Calton & Associates Inc., Park National Corp OH, Crossmark Global Holdings Inc., Louisiana State Employees Retirement System, DNB Asset Management AS, and Silver Lake Advisory LLC.
View insider buying and selling activity for Essential Utilities
or or view top insider-buying stocks.

How do I buy shares of Essential Utilities?

Shares of WTRG 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.

What is Essential Utilities' stock price today?

One share of WTRG stock can currently be purchased for approximately $49.41.

How much money does Essential Utilities make?

Essential Utilities has a market capitalization of $12.49 billion and generates $1.46 billion in revenue each year. The company earns $284.85 million in net income (profit) each year or $1.63 on an earnings per share basis.

How many employees does Essential Utilities have?

Essential Utilities employs 3,180 workers across the globe.

What is Essential Utilities' official website?

The official website for Essential Utilities is www.essential.co.

Where are Essential Utilities' headquarters?

Essential Utilities is headquartered at 762 W. LANCASTER AVENUE, BRYN MAWR PA, 19010.

How can I contact Essential Utilities?

Essential Utilities' mailing address is 762 W. LANCASTER AVENUE, BRYN MAWR PA, 19010. The company can be reached via phone at (610) 527-8000, via email at [email protected], or via fax at 610-645-1061.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

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