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Essential Utilities, Inc. (WTRG)

NYSE: WTRG · IEX Real-Time Price · USD
46.61 -0.69 (-1.46%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap11.45B
Revenue (ttm)1.80B
Net Income (ttm)423.04M
Shares Out254.77M
EPS (ttm)1.66
PE Ratio28.08
Forward PE26.11
Dividend$1.00 (2.15%)
Ex-Dividend DateAug 12, 2021
Volume915,516
Open47.18
Previous Close47.30
Day's Range46.57 - 47.39
52-Week Range40.16 - 51.14
Beta0.56
AnalystsBuy
Price Target54.25 (+16.4%)
Est. Earnings DateOct 29, 2021

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 contracts 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 5 million residential water, commer...

IndustryWater Utilities
Founded1901
CEOChristopher Franklin
Employees3,180
Stock ExchangeNYSE
Ticker SymbolWTRG
Full Company Profile

Financial Performance

In 2020, WTRG's revenue was $1.46 billion, an increase of 64.40% compared to the previous year's $889.69 million. Earnings were $284.85 million, an increase of 26.86%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for WTRG stock is "Buy." The 12-month stock price forecast is 54.25, which is an increase of 16.39% from the latest price.

Price Target
$54.25
(16.39% upside)
Analyst Consensus: Buy

News

Essential Utilities' Pennsylvania Wastewater Subsidiary Reaches Agreement With City of Beaver Falls to Purchase Munic...

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced today that its Pennsylvania wastewater subsidiary has signed an asset purchase agreement with the City of Beaver Falls in...

22 hours ago - Business Wire

Are You Looking for a High-Growth Dividend Stock? Essential Utilities (WTRG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Essential Utilities (WTRG) have what it takes?

1 week ago - Zacks Investment Research

Essential Utilities to Report Earnings for Q3 2021

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended Sept. 30, 2021 before the market opens on Nov. 1, 2021. The company's conference c...

1 month ago - Business Wire

Essential Utilities' Aqua Illinois Subsidiary Acquires Village of Bourbonnais Assets

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced that its Aqua Illinois subsidiary has acquired the wastewater system of the Village of Bourbonnais, which serves ap...

1 month ago - Business Wire

2 Dividend Stocks That Will Pay You for Life

Are you looking for steady dividends to stand the test of time? Here are a couple of stocks to consider buying.

Other symbols:PEP
1 month ago - The Motley Fool

Why Is Essential Utilities (WTRG) Down 1.5% Since Last Earnings Report?

Essential Utilities (WTRG) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

3 Value Stocks to Buy With $3,000

This utility stock, defense giant, and electrical equipment supplier are worth buying on the cheap.

Other symbols:LMTNVT
1 month ago - The Motley Fool

4 Water Utility Stocks to Watch in a Flourishing Industry

Water Utility companies like AWK, WTRG, CWT, and MSEX are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments will enable them t...

Other symbols:AWKCWTMSEX
2 months ago - Zacks Investment Research

Why Essential Utilities (WTRG) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Essential Utilities (WTRG) have what it takes?

2 months ago - Zacks Investment Research

7 Water Stocks to Buy to Bank on Our Most Precious Resource

As climate change forces a dramatic rethink on how we utilize our resources, these water stocks will certainly gain relevance. The post 7 Water Stocks to Buy to Bank on Our Most Precious Resource appear...

Other symbols:DHRGWRSXYLYORW
2 months ago - InvestorPlace

Essential (WTRG) Q2 Earnings and Revenues Surpass Estimates

Essential (WTRG) second-quarter earnings and total revenues are better than expected. It continues to make systematic investments to strengthen its water and natural gas infrastructure.

2 months ago - Zacks Investment Research

Essential Utilities (WTRG) Tops Q2 Earnings and Revenue Estimates

Essential Utilities (WTRG) delivered earnings and revenue surprises of 10.34% and 0.51%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Essential Utilities: Q2 Earnings Insights

Shares of Essential Utilities (NYSE:WTRG) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 10.34% over the past year to $0.32, which bea...

2 months ago - Benzinga

Essential Utilities Reports Financial Results for Q2 2021

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) (“Essential”), today reported results for the second quarter ended June 30, 2021. “We delivered strong earnings in the first half o...

2 months ago - Business Wire

Essential Utilities' Aqua Texas Subsidiary Completes First Acquisition Under New Texas Fair Market Value Law

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced that its Aqua Texas water utility has acquired the water treatment and distribution system in The Commons of Lake H...

2 months ago - Business Wire

Essential Utilities (WTRG) Expected to Beat Earnings Estimates: Should You Buy?

Essential Utilities (WTRG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

This is Why Essential Utilities (WTRG) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Essential Utilities (WTRG) have what it takes?

3 months ago - Zacks Investment Research

7 Stocks to Buy if You're Worried About the Pandemic Like Warren Buffett

With legendary investor Warren Buffett sounding worried about the pandemic, here are the stocks to buy to prepare yourself. The post 7 Stocks to Buy if You're Worried About the Pandemic Like Warren Buff...

Other symbols:DGHDJNJOLNTWLO
3 months ago - InvestorPlace

Essential's (WTRG) Share Price Gains on 7% Dividend Hike

Essential Utilities' (WTRG) management further improves shareholder value by increasing the quarterly dividend rate by 7% to 26.82 cents per share.

3 months ago - Zacks Investment Research

Water utility stocks jump amid severe drought conditions

CNBC's Kristina Partsinevelos reports on the severe drought affecting California and other states in the U.S.

Other symbols:AWKAWRCWT
3 months ago - CNBC Television

Essential Utilities Announces Appointment of David Ciesinski to Board of Directors

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announces the appointment of David Ciesinski to the Essential board of directors. Ciesinski will serve as a member of the audit and...

3 months ago - Business Wire

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 $0.2682 per share, payable Sept. 1, 2021 to all shareholders ...

3 months ago - Business Wire

Why Essential Utilities (WTRG) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Essential Utilities (WTRG) have what it takes?

3 months ago - Zacks Investment Research

Essential Utilities (WTRG) to Gain From Buyouts, Demand Changes a Woe

Essential Utilities (WTRG), with its acquisitions and systematic investments, offers an excellent opportunity for investors in the water supply industry. Fluctuations in demand pose a concern.

3 months ago - Zacks Investment Research

CORRECTING and REPLACING Essential Utilities to Report Earnings for Q2 2021

BRYN MAWR, Pa.--(BUSINESS WIRE)--First paragraph, first sentence of release dated June 23, 2021, should read: ...following market close on Aug. 4, 2021. (instead of ...following market close on Aug. 5, ...

3 months ago - Business Wire