Essential Utilities, Inc. (WTRG)
| Market Cap | 10.14B |
| Revenue (ttm) | 1.94B |
| Net Income (ttm) | 572.56M |
| Shares Out | 273.52M |
| EPS (ttm) | 2.11 |
| PE Ratio | 17.57 |
| Forward PE | 18.60 |
| Dividend | $1.23 (3.31%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 841,364 |
| Open | 37.13 |
| Previous Close | 37.09 |
| Day's Range | 37.04 - 37.37 |
| 52-Week Range | 32.07 - 43.26 |
| Beta | 0.83 |
| Analysts | Strong Buy |
| Price Target | 43.00 (+16.0%) |
| Earnings Date | Aug 5, 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, WTRG'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 "Strong Buy." The 12-month stock price forecast is $43.0, which is an increase of 16.00% from the latest price.
News
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...
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...
Essential Utilities Named a Leader in Climate Action by USA TODAY
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (WTRG) proudly announces its inclusion on USA Today's prestigious list of America's Climate Leaders for the second consecutive year. Compiled ...
Essential Utilities Celebrates the Success of Its Month-Long 2024 Earth Day Celebration
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities shares the record-breaking success of its third-annual Essential Earth Day.
Aqua Pennsylvania Files Rate Request Based on Water and Wastewater Operations, Infrastructure Improvements and Repairs Across the Commonwealth
BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Pennsylvania Inc. (Aqua) filed an application with the Pennsylvania Public Utility Commission (PUC) today requesting an adjustment in water and wastewater rates f...
Aqua Pennsylvania Secures up to $6.7 Million PENNVEST Grant for PFAS Treatment Facility Serving 25,000 People in Bucks County
BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Pennsylvania receives PENNVEST grant up to $6.7 million for PFAS treatment in Bucks County.
Essential Utilities Recognized as Best Commercial Fleet in Americas by the National Fleet Management Association
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Awarded Top Commercial Fleet in the Americas by the National Fleet Management Association.
These 3 Utilities Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - AES (NYSE:AES)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Essential Utilities Celebrates Infrastructure Week, Announces 2024 Infrastructure Upgrades
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities celebrates Infrastructure Week by reaffirming its commitment to improving national infrastructure with $1B capital program.
Aqua Texas Begins $4M Main Replacement Project in Wimberley Valley
AUSTIN, Texas--(BUSINESS WIRE)--Aqua Texas announced today a $4 million water main replacement project is underway in Hays County. This investment is part of Aqua's continuing infrastructure improveme...
Essential Utilities Reports Financial Results for Q1 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024. Essential's net income of $265.8 million or $0.97 per share fo...
Essential Utilities Announces Election of Christopher Bruner and Tamara Linde to Board of Directors
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.
Essential Utilities Donated $5.5 Million in 2023 to Strengthen Communities Across Service Territory
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities announces the results of its 2023 philanthropic efforts, including $5.5 million in donations to support local communities.
Essential Utilities Names Natalie Chesko as New President of Aqua New Jersey
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Announces Appointment of Natalie Chesko to President of Aqua New Jersey.
Aqua Virginia Earns State Excellence Award for 19th Consecutive Year
ROCKVILLE, Va.--(BUSINESS WIRE)--Aqua Virginia's Lake Monticello water treatment plant earns state excellence award for 19th consecutive year.
Aqua New Jersey Celebrates Completion of Newest PFAS Treatment Facility at its Green Avenue Well Station in Lawrence Township
HAMILTON, N.J.--(BUSINESS WIRE)--Aqua New Jersey cuts the ribbon on a new PFAS treatment facility in Lawrence Township.
Essential Utilities Launches Third Annual Earth Day Celebration
BRYN MAWR, Pa.--(BUSINESS WIRE)-- #EssentialEarthDay--Essential Utilities launches its third annual Essential Earth Day celebration, supporting its mission to protect Earth's essential resources.
Essential Utilities Releases Comment on EPA Promulgation of PFAS Maximum Contaminant Level
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Chairman and CEO Christopher Franklin shared the following comments today: “Today the U.S. Environmental Protection Agency announced the final regu...
Essential Utilities and Employees Team Up for $800,000 Donation to United Way
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities announces results of 2023-2024 Employee Giving Campaign with the United Way.
Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - Sempra (NYSE:SRE), NextEra Energy (NYSE:NEE)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Essential Utilities Urges You to Spring Into Safety This Season
BRYN MAWR, Pa.--(BUSINESS WIRE)--April is National Safe Digging Month and Peoples Natural Gas, an Essential Utilities, Inc., company, urges everyone to Call 811 at least three business days before dig...
Essential Utilities to Report Earnings for Q1 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended March 31, 2024, following market close on May 2, 2024. The company's conference ...
Essential Utilities Reports Financial Results for Full-Year 2023 and Announces Guidance
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the fourth quarter and year ended December 31, 2023. Essential's net income of $498.2 million or $1.86...
Essential Declares June 2024 Dividend
BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3071 per share, payable June 1, 2024, to all shareholder...
Essential Utilities to Report Earnings for Full-Year 2023
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter and 2023 year end, and announce guidance, following market close on Feb. 22, 2024. The...