Essential Utilities, Inc. (WTRG)
Market Cap | 9.98B |
Revenue (ttm) | 1.96B |
Net Income (ttm) | 546.01M |
Shares Out | 274.61M |
EPS (ttm) | 1.99 |
PE Ratio | 18.28 |
Forward PE | 17.03 |
Dividend | $1.30 (3.59%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 3,515,902 |
Open | 36.15 |
Previous Close | 36.18 |
Day's Range | 36.05 - 36.58 |
52-Week Range | 33.57 - 41.78 |
Beta | 0.84 |
Analysts | Buy |
Price Target | 44.00 (+21.01%) |
Earnings Date | Nov 4, 2024 |
About 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 protec... [Read more]
Financial Performance
In 2023, Essential Utilities's revenue was $2.05 billion, a decrease of -10.24% compared to the previous year's $2.29 billion. Earnings were $498.23 million, an increase of 7.09%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for WTRG stock is "Buy." The 12-month stock price forecast is $44.0, which is an increase of 21.01% from the latest price.
News
Essential Utilities to Report Financial Results for Full Year 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report financial results for the full year 2024 following market close on February 26, 2025. The company's conference ...
Essential Utilities Celebrates the 50th Anniversary of the Safe Drinking Water Act, Reinforces Commitment to Water Quality
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) proudly celebrates the 50th anniversary of the Safe Drinking Water Act, a landmark legislation safeguarding public health. To com...
Essential Utilities Donates $385,000 to United Way to Match Employee Giving
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced more than $770,000 in total contributions during the company's 2024-2025 United Way campaign. The total donation was ac...
Essential Utilities Declares March 2025 Dividend
BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable March 3, 2025, to all shareholde...
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Essential Utilities: Undervalued In A Defensive Sector
Essential Utilities' strong regulatory position and $7.8B capital investment plan are supportive of long-term earnings growth and consistent shareholder returns. Recent quarterly results included a 5....
Essential Utilities, Inc. (WTRG) Q3 2024 Earnings Conference Call Transcript
Essential Utilities, Inc. (NYSE:WTRG) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Brian Dingerdissen - VP, IR and Treasurer Christopher Franklin - President and...
Essential Utilities Reports Financial Results for Q3 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the third quarter ended September 30, 2024. Essential's net income was $69.4 million or $0.25 per shar...
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Essential Declares December 2024 Dividend
BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable December 2, 2024, to all shareho...
Vision RNG, Waste Connections, and Delta Gas Launch Landmark Renewable Natural Gas Facility in Kentucky
CANONSBURG, Pa.--(BUSINESS WIRE)--A collaboration between Vision RNG, Laurel Ridge Landfill, L.L.C., a subsidiary of Waste Connections, Inc., & Delta Gas launch operations in Lily, KY.
Essential Utilities Recognized as Champion of Board Diversity by the Forum of Executive Women
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities (NYSE: WTRG) is honored as a Champion of Board Diversity by The Forum of Executive Women for the sixth time since 2017. Essential is one of 46 comp...
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Essential Utilities: Buy This Dividend Compounder On Sale Now
In the world of dividend growth stocks, water utilities often stand out as shining stars. Essential Utilities' path to 5% to 7% long-term annual adjusted diluted EPS growth remains intact. The water u...
Essential Utilities to Report Earnings for Q3 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ending September 30, 2024, following market close on November 4, 2024. The company's c...
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Essential Utilities Announces Appointment of Two Finance Leaders
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announces the appointment of two seasoned professionals to the company's finance team: Angela Jiang joins the company as vice pre...
Essential Utilities Reminds Customers to “Call Before You Dig” for Safe Digging Day
BRYN MAWR, Pa.--(BUSINESS WIRE)--August 11 (or 8/11) is Safe Digging Day, and Essential Utilities urges all homeowners and contractors to call 811 before beginning any digging project, no matter how s...
Essential Utilities, Inc. (WTRG) Q2 2024 Earnings Call Transcript
Essential Utilities, Inc. (NYSE:WTRG) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Brian Dingerdissen - VP, IR and Treasurer Christopher Franklin - President and C...
Essential Utilities Reports Financial Results for Q2 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the second quarter ended June 30, 2024. Essential's net income of $75.4 million or $0.28 per share for...