|Bid||0.00 x 1800|
|Ask||0.00 x 1300|
|Day's Range||81.88 - 83.21|
|52 Week Range||76.04 - 92.37|
|PE Ratio (TTM)||34.87|
|Forward Dividend & Yield||1.82 (2.12%)|
|1y Target Est||N/A|
American Water Works (AWK) continues to take initiatives to improve and strengthen the water infrastructure in its service areas.
Here are three key subjects from the water utility giant's Q1 earnings call that investors should know about.
If you like utilities but think that slow dividend growth is the norm, think again: This trio of utilities is targeting 10% dividend hikes
American Water Works (AWK) continues to acquire new units and is on course to meet its goal of adding in excess of 47,000 customers through acquisitions.
Over time, the deterioration of our water infrastructure—and the risk posed to our economy, health and wellbeing—has escalated significantly.
The steady growth underpinning the core business just led to a 9.6% dividend increase, but a $365 million move into a new market may have investors asking questions.
The stock of New Jersey–based water utility American Water Works (AWK) has a potential upside of 11% for the next year. Wall Street analysts have given it a mean price target of $91.7 compared to its current market price of $81.7. Among the 14 analysts tracking American Water Works, three have currently recommended “strong buys” on the stock, while four have recommended “buys.” Seven analysts have recommended “holds” on the stock, while none have rated the stock as a “sell” as of May 15.
The utilities sector, one of the most sensitive sectors to interest rate hikes, has been subdued this year. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, has fallen more than 4% year-to-date, while the S&P 500 has risen 3%. Strength in Treasury yields and faster-than-expected interest rate hikes have weighed on utilities this year.
On a per-share basis, the Voorhees, New Jersey-based company said it had profit of 59 cents. The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment ...
There is a lot to be liked about American Water Works Company Inc (NYSE:AWK) as an income stock, over the past 10 years it has returned an average of 3.00%Read More...
American Water Works (AWK) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Connecticut Water (CTWS) rejects the acquisition bid from Eversource Energy and remains committed to the earlier offer made by SJW Group.
In this daily bar chart of AWK, below, we can see a strong and supported rally from May to December. The daily On-Balance-Volume (OBV) line rises from May to December and only makes a modest two month pullback before firming again. This OBV action tells me that despite the sharp price decline the buyers of AWK largely stayed with those positions.
American Water Works Company Inc (NYSE: AWK ) announced April 11 an agreement to acquire Pivotal Home Solutions, a unit of Southern Co (NYSE: SO ), for $365 million in cash. Since the announcement, the ...
American Water Works Company Inc (NYSE:AWK) involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. The utilities operate in approximately 1,600 communities in 16 states, with approximately 3.4 million active customer connections to water and wastewater networks. Roughly 55% of operating revenue comes from American Water Works residential water service, with 20% coming from commercial water, and the rest split up among industrial water services, water for public authorities like fire stations, and wastewater services.