Essential Utilities/WTRG

$34.36

-1.51%
-
1D1W1MYTD1YMAX

About Essential Utilities

Essential Utilities, Inc. is a holding company for regulated utilities providing water, wastewater, or natural gas services. The Company’s segments include the Regulated Water segment and the Regulated Natural Gas segment. The Regulated Water segment consists of water and wastewater regulated utility companies, which are organized by the states where the Company provides water and wastewater services. The Regulated Natural Gas segment consists of natural gas utility companies, acquired in the Peoples Gas Acquisition, for which the Company provides natural gas distribution services. It provides services across Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The Company also operates market-based activities, conducted through its non-regulated subsidiaries, that provide utility service line protection solutions and repair services to households and gas marketing and production activities.

Ticker

WTRG

Sector

Utilities

Trading on

NYSE

Industry

Water Utilities

CEO

Christopher Franklin

Employees

3,258

Headquarters

Bryn mawr, United States

WTRG Metrics

BasicAdvanced
$9.4B
Market cap
18.45
P/E ratio
$1.86
EPS
0.82
Beta
$1.19
Dividend rate
3.58%
Dividend yield
$9.4B
0.81568
$44.05
$32.07
1.77M
$1.19
0.617
0.475
115.771
119.63
49.19%
2.63%
3.01%
8.69%
3.19%
18.448
4.576
1.593
2.646
2.24%
3.46%
3.58%
-10.24%
5.38%
11.98%
20.03%
7%

What the Analysts think about WTRG

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 8 analysts.
28.06% upside
High $60.00
Low $39.96
$34.36
Current price
$44.00
Average price target

WTRG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
28.24% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$479.4M
16.59%
Net income
$135.4M
69.25%
Profit margin
28.24%
45.19%

WTRG Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 0.6%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.72
$0.34
$0.30
$0.50
-
Expected
$0.71
$0.34
$0.29
$0.50
$0.74
Surprise
1.89%
0%
2.86%
-0.6%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Essential Utilities stock?

Essential Utilities (WTRG) has a market cap of $9.4B as of April 14, 2024.

What is the P/E ratio for Essential Utilities stock?

The price to earnings (P/E) ratio for Essential Utilities (WTRG) stock is 18.45 as of April 14, 2024.

Does Essential Utilities stock pay dividends?

Yes, the Essential Utilities (WTRG) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $1.1882 and the yield is 3.58%. Essential Utilities has a payout ratio of 49.19% on a trailing twelve-month basis.

When is the next Essential Utilities dividend payment date?

The next Essential Utilities (WTRG) dividend payment is scheduled for June 01, 2024.

What is the beta indicator for Essential Utilities?

Essential Utilities (WTRG) has a beta rating of 0.82. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Essential Utilities stock price target?

The target price for Essential Utilities (WTRG) stock is $44, which is 28.06% above the current price of $34.36. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Essential Utilities stock

Buy or sell Essential Utilities stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing