Essential Utilities, Inc. (WTRG)
| Market Cap | 10.69B |
| Revenue (ttm) | 1.96B |
| Net Income (ttm) | 546.01M |
| Shares Out | 274.61M |
| EPS (ttm) | 1.99 |
| PE Ratio | 19.57 |
| Forward PE | 18.24 |
| Dividend | $1.30 (3.35%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 768,605 |
| Open | 38.98 |
| Previous Close | 38.95 |
| Day's Range | 38.76 - 39.19 |
| 52-Week Range | 33.57 - 41.78 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 44.00 (+12.99%) |
| 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 12.99% from the latest price.
News
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...
My Top 10 High-Yield Dividend Stocks For November 2024
SPY's 5 month positive streak comes to an end in October as it posts a loss of 0.89%. The top 10 stocks on the watchlist for November 2024 offer a 3.61% dividend yield, more than double the S&P 500. M...
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...
8 Dividend Stocks On My Buy List As Inflation Keeps Dropping
Disinflationary trends persist, with CPI showing a steady decline, despite media drama over slightly higher-than-expected figures; energy stocks remain attractive for long-term investors. Realty Incom...
My Top 10 High-Yield Dividend Stocks For October 2024
SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 1...
A Hiker's Guide To Investing In Today's Market
Both major US presidential candidates are promoting fiscal irresponsibility and avoiding necessary reforms to entitlement programs, which are the primary drivers of future government spending growth. ...
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...
My Top 10 High-Yield Dividend Stocks For September 2024
The bull run continues for SPY in August, with the ETF adding 2.34% to its year-to-date return. The watchlist posts two very strong back-to-back months of 5%+ returns. The top 10 stocks on the watchli...
My Top Investment In September As Rate Cuts And The Election Come Into Focus
I provide weekly economic insights and a buy list to help investors make informed decisions, emphasizing the importance of understanding economic cycles and political impacts. I analyze political prop...
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...
Essential Declares 6% Dividend Increase
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 September 3, 2024, to all shareh...
Tvardi Therapeutics to Participate at the 2024 BTIG Virtual Biotechnology Conference
HOUSTON--(BUSINESS WIRE)-- #HCC--Tvardi Therapeutics, Inc. (“Tvardi”), a privately held, clinical-stage biopharmaceutical company focused on the development of STAT3 inhibitors, announced that Imran A...
Essential Utilities: A Solid Replacement For T-Bills And Money Markets
Essential Utilities offers a dividend yield of over 3% and is priced well below its historical valuation averages. The company has shown strong profitability metrics and EPS growth over the past decad...
7 Stocks And 1 ETF I'm Buying The Second Week Of July
Tariffs and trade wars negatively impact domestic industries, burdening consumers and businesses. Trump's proposed tariffs aim to permanently increase international trade costs to benefit US manufactu...
My Top 10 High-Yield Dividend Stocks For July 2024
The bull run continues for SPY in June, with the ETF adding 3.53% to its year-to-date return. After 3 months of outperformance my watchlist posted a large loss last month, falling by 1.86%. The top 10...
Essential Utilities to Report Earnings for Q2 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended June 30, 2024, following market close on August 5, 2024. The company's conferenc...
9 Stocks I'm Buying As Consumer Spending Stalls
The stock market breadth is very thin right now. The market is primarily being driven by a handful of big winners in the AI space. Consumers clearly have a very different perspective on inflation than...
Peoples Natural Gas, H Quest, and University of Pittsburgh Team to Produce and Test Hydrogen Energy from Natural Gas
PITTSBURGH--(BUSINESS WIRE)--An innovative demonstration project that will attempt to create zero-emission hydrogen energy at the scale needed for widespread adoption is now underway in Western Pennsy...