Essential Utilities, Inc. (WTRG)
| Market Cap | 10.00B |
| Revenue (ttm) | 2.05B |
| Net Income (ttm) | 498.23M |
| Shares Out | 273.52M |
| EPS (ttm) | 1.86 |
| PE Ratio | 19.62 |
| Forward PE | 17.86 |
| Dividend | $1.23 (3.37%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 61,173 |
| Open | 36.48 |
| Previous Close | 36.54 |
| Day's Range | 36.30 - 36.64 |
| 52-Week Range | 32.07 - 43.74 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 44.75 (+22.6%) |
| Earnings Date | May 2, 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 $44.75, which is an increase of 22.60% from the latest price.
News
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...
Cordia Announces Financial Close on Three Energy Systems from Essential Utilities in Allegheny County
PHOENIX , Jan. 30, 2024 /PRNewswire/ -- Cordia, a leading provider of safe, reliable, and sustainable energy solutions, today announced the financial closing on the three microgrids and district energ...
Essential Utilities Completes Sale of Allegheny County Microgrid and District Energy Projects to Cordia
PITTSBURGH--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) today closed the sale of its three non-utility microgrid and district energy properties in Allegheny County to Cordia, a sustainabil...
Essential Utilities Recognized on Newsweek's Most Responsible Companies List for Third Consecutive Year
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities today announced that it has been named to Newsweek's list of America's Most Responsible Companies 2024. This marks the third consecutive year that ...
20 midcap stocks with 2024 upside ranging up to 62%, according to analysts
When investors think about whether to increase their exposure beyond the big companies that grab most of the headlines in the financial media, they are likely to look at small-cap stocks first. After ...
Essential Utilities' Aqua Pennsylvania Donates $20,000 to Chester County Food Bank as a Part of Its Fall for Food Banks Initiative
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities today announced that its Essential Foundation made a $20,000 donation to the Chester County Food Bank as a part of the company's Fall for Food Bank...
Peoples Natural Gas Warms Hearts, Homes Through Support of Local Holiday Events and Community Organizations
BRYN MAWR, Pa.--(BUSINESS WIRE)--With winter on its way and the holiday season in high gear, Peoples employees throughout Western Pennsylvania have an added focus beyond providing safe, reliable natur...
Essential Declares March 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 March 1, 2024, to all shareholde...
Essential Utilities Reports Financial Results for Q3 2023
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the third quarter ended September 30, 2023. “We are pleased with the strong execution and financial pe...
Essential Utilities Announces Election of Roderick K. West to Board of Directors
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announces the election of Rod West to the Essential board of directors. He will serve on the following committees: Corporate Gove...
Essential Declares December 2023 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 December 1, 2023, to all shareho...
Essential Utilities Recognized as Champion of Board Diversity by The Forum of Executive Women
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities is honored as a Champion of Board Diversity by The Forum of Executive Women for the fifth year since 2016.
Essential Utilities to Report Earnings for Q3 2023
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended September 30, 2023 following market close on Nov. 6, 2023. The company's confere...