Essential Utilities, Inc. (WTRG)

NYSE: WTRG · IEX Real-Time Price · USD
+1.50 (2.98%)
At close: Aug 12, 2022 4:00 PM
-0.36 (-0.69%)
After-hours: Aug 12, 2022 7:04 PM EDT
Market Cap 13.61B
Revenue (ttm) 1.99B
Net Income (ttm) 447.30M
Shares Out 262.17M
EPS (ttm) 1.70
PE Ratio 30.54
Forward PE 28.49
Dividend $1.09 (2.10%)
Ex-Dividend Date Aug 11, 2022
Volume 719,723
Open 50.71
Previous Close 50.42
Day's Range 50.59 - 51.94
52-Week Range 40.97 - 53.93
Beta 0.70
Analysts Buy
Price Target 54.89 (+5.7%)
Earnings Date Aug 3, 2022

About WTRG

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through a third-party. It serves approximately 7.5 million residential water, comme... [Read more...]

Industry Water Utilities
Founded 1901
CEO Christopher Franklin
Employees 3,211
Stock Exchange NYSE
Ticker Symbol WTRG
Full Company Profile

Financial Performance

In 2021, WTRG's revenue was $1.88 billion, an increase of 28.40% compared to the previous year's $1.46 billion. Earnings were $431.61 million, an increase of 51.52%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for WTRG stock is "Buy." The 12-month stock price forecast is 54.89, which is an increase of 5.72% from the latest price.

Price Target
(5.72% upside)
Analyst Consensus: Buy
Stock Forecasts


Essential Utilities' Aqua Pennsylvania Subsidiary Acquires the Municipal Wastewater Assets of East Whiteland Township

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced today that its Pennsylvania wastewater subsidiary has acquired the municipal wastewater assets of East Whiteland Township...

Essential Utilities appoints Whitney Kellett to head SIP project and assume chief administrative officer role in 2023

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities has appointed Vice President and Chief Information Officer Whitney Kellett to lead its $143 million service improvement project following the retirem...

Essential Utilities Appoints New Chief of Staff

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities announced today the promotion of Dave Kralle to Chief of Staff to the Essential Chairman and CEO Christopher Franklin who created the role shortly af...

Essential Utilities (WTRG) Q2 Earnings in Line With Estimates

Essential Utilities (WTRG) continues to benefit from the stable performance of its regulated water and natural gas segment. The company is on course to make a $3-billion investment through 2024.

Essential Utilities (WTRG) Q2 Earnings Match Estimates

Essential Utilities (WTRG) delivered earnings and revenue surprises of 0% and 8.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Essential Utilities Reports Financial Results for Q2 2022

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG), today reported results for the second quarter ended June 30, 2022. “We are pleased with the execution of our infrastructure invest...

Essential Utilities' Long-Time Chief of Staff Brian Dingerdissen Appointed to New Role as Vice President, Investor Re...

BRYN MAWR, Pa.--(BUSINESS WIRE)--As part of a planned succession Essential Utilities has announced that Brian Dingerdissen, formerly chief of staff, and vice president of communications and investor rel...

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Essential declares 7% dividend increase

BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2870 per share, payable Sept. 1, 2022 to all shareholders ...

Essential Utilities Publishes ESG Reporting Update

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today published its 2021 ESG Reporting Update, which is available for download on its microsite Essential produce...

Essential Utilities Subsidiary, Aqua Illinois, Names David Carter as New President

BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Illinois, a subsidiary of Essential Utilities, Inc. (NYSE: WTRG) has appointed operations executive David Carter as state president. Carter will lead the Illinois t...

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Essential Utilities appoints Brian Gresehover to vice president of engineering for water and wastewater subsidiary

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced the appointment of Brian Gresehover to vice president, engineering for Aqua, its water and wastewater subsidiary. Greseho...

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Essential Utilities' Aqua Pennsylvania Subsidiary Selected to Continue Discussions to Purchase the Wastewater Assets ...

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced that its Aqua Pennsylvania subsidiary was the sole company selected by the board of the Bucks County Water and Sewer Auth...

Essential Utilities Recognized as a “3+” Company by 50/50 Women on Boards

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. has been recognized as a “3+” Company by 50/50 Women on Boards for having a board of directors comprised of 3 or more women.

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Essential Utilities Named Among Top 50 Best Corporate Citizens by 3BL Media

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced it has once again been named to 3BL Media's 100 Best Corporate Citizens list for the second consecutive year, movin...

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Essential Utilities to Report Earnings for Q2 2022

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended June 30, 2022 following market close on Aug. 3, 2022. The company's conference cal...

Why Is Essential Utilities (WTRG) Up 12.8% Since Last Earnings Report?

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Essential (WTRG) Q1 Earnings and Revenues Surpass Estimates

Essential Utilities' (WTRG) first-quarter earnings come in better than expected. WTRG continues to expand its operations through acquisitions.

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We have narrowed our search to five utility stocks with strong potential for 2022. These are: WTRG, NFG, AEE, SWX and VST.

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Essential Utilities Reports Financial Results for Q1 2022

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities reports financial results for Q1 2022: Earnings per share growth of 5.6% and reaffirms annual earnings guidance.

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