AWK - American Water Works Company, Inc.
| Previous Close | 102.28 |
| Open | 102.79 |
| Bid | 101.20 x 1400 |
| Ask | 104.70 x 800 |
| Day's Range | 102.74 - 104.99 |
| 52 Week Range | 77.73 - 107.71 |
| Volume | 1,754,723 |
| Avg. Volume | 1,082,327 |
| Market Cap | 18.9B |
| Beta (3Y Monthly) | 0.30 |
| PE Ratio (TTM) | 33.24 |
| EPS (TTM) | 3.15 |
| Earnings Date | May 1, 2019 |
| Forward Dividend & Yield | 1.82 (1.75%) |
| Ex-Dividend Date | 2019-05-10 |
| 1y Target Est | 107.00 |
- Simply Wall St.•yesterday
Why American Water Works Company, Inc.'s (NYSE:AWK) CEO Pay Matters To You
In 2014 Susan Story was appointed CEO of American Water Works Company, Inc. (NYSE:AWK). This analysis aims first to contrast CEO compensation with other large companies. Then we'll look at a snap shot of the business gro...
- Business Wire•2 days ago
California American Water Signs Contract to Acquire East Pasadena Water Company
California American Water, a subsidiary of American Water (AWK), has entered into an agreement to acquire the assets of the East Pasadena Water Company. Following the completion of the sale, California American Water will become the new water provider to approximately 10,000 residents in Temple City, Arcadia and the East Pasadena area. "We are pleased to have entered into a contract and look forward to serving customers in the East Pasadena Water Company service area," said California American Water's President Rich Svindland.
- American City Business Journals•2 days ago
15 Pa. towns to see $8M in upgrades to their water systems
The rehab work includes inspecting the tanks, stripping the paint off of them and then applying a new coat.
- Business Wire•3 days ago
American Water’s Edward Vallejo to Participate in P3 Water Summit
American Water , the nation’s largest publicly traded water and wastewater utility company, today announced Edward Vallejo, vice president, Investor Relations will participate on a panel at The P3 Water Summit on April 23rd and 24th in San Diego, California.
- InvestorPlace•3 days ago
7 Companies That Are Closing the CEO-Worker Wage Gap
A 2018 survey of CEO pay in 22 countries around the world including the U.S. found that the average CEO was paid $3.55 million annually.Here in Canada, where I live, the average CEO was paid a little more than $7 million. In the UK, it was almost a million higher than Canada.How about the U.S.?InvestorPlace - Stock Market News, Stock Advice & Trading TipsWell, it was the number one country for CEO pay at $14.25 million -- or more than four times the global average. Are U.S. CEOs worth that much -- or that much more than CEOs in other countries? Not by a long shot. But that doesn't stop some professorial types from singing their praises."The efforts of America's highest-earning 1% have been one of the more dynamic elements of the global economy. It's not popular to say, but one reason their pay has gone up so much is that CEOs really have upped their game relative to many other workers in the U.S. economy," stated George Mason University Economics professor Tyler Cowen in his recent book Big Business: A Love Letter to an American Anti-Hero. CEOs might have a more complicated job than they had 20 years ago, but that doesn't justify pay that is 361 times the average U.S. rank-and-file worker. U.S. Congressman Keith Ellison released a report in 2018 that suggested a median employee at Mattel (NYSE:MAT) would have to work at the company for 495 years to earn as much as a CEO's annual pay. Ridiculous. Investors need only to consider one fact. "Since 2008, the 100 companies with the lowest CEO compensation within the S&P 500 index have outperformed the 100 with the highest compensation every year except 2013," Bloomberg reported in March of this year. "The annualized return from 2008 to 2018 was 17.2 percent compared with 8.4 percent."It is clear that investing in companies who are doing a good job cutting the gap between the CEO's pay and the average employee is key to your portfolio's future success. * The Jobs Report Isn't an Effective Metric for the U.S. Economy Here are seven stocks to buy in that vein. Intuitive Surgical (ISRG)Source: Jon Fingas via Flickr (Modified)CEO Pay: $5.1 millionPay Ratio: 32:1The median worker's pay at Intuitive Surgical (NASDAQ:ISRG) is $157,491, the 22nd highest amount of compensation in the S&P 500. It kind of makes sense. Do you really want a bunch of low-paid workers manufacturing the company's da Vinci surgical robotic systems? One wrong move and your hernia repair becomes a one-way ticket to the morgue. I'm facetious, but I think you get my meaning. By having well-paid employees, not only are they likely to be happier; they're probably more productive especially when they realize that the CEO makes just 32 times their pay, about one-tenth the U.S. average. Intuitive Surgical has come a long way from 1999 when it launched the first da Vinci system. At the end of 2018, it had almost 5,000 systems installed; 64% of them in the U.S. with Europe and Asia its next biggest markets, but with plenty of room to grow. The global surgical robotics market is expected to grow by almost 14% annually over the next seven years to $17 billion. ISRG currently has a 17% market share. If it grows that market share to 25% by 2025, it translates into an additional $1.4 billion in revenue. As people age, minimally invasive surgery will become even more critical than it already is. As secular trends go, ISRG is one of the best bets you can make. American Water Works (AWK)Source: Shutterstock CEO Pay: $4.4 millionPay Ratio: 53:1American Water Works (NYSE:AWK) CEO Susan Story is the only woman on this list so if ESG issues are of interest to you; AWK is an excellent stock to consider. As for its business, that's also good. AWK was recently named one of Barron's 100 Most Sustainable U.S. Companies. Also, Bloomberg included AWK on its list of 230 companies for the 2019 Bloomberg Gender-Equality Index (GEI), a group selected for their dedication advancing the cause of women. That's a big deal when you consider that providing equal pay for U.S. women would add $512 billion to the economy on an annual basis. Here's another reason to like the water utility. AWK stock hasn't had a single year with a negative total return delivering a 10-year annualized total return of 20.6%, which goes entirely against the theory that utilities are dull and poor performers over the long haul. * 5 Dividend Stocks Perfect for Retirees Providing water services to more than 14 million people in 46 states, AWK is a stock whose business will never go the way of the Dodo bird. Fastenal (FAST)Source: Shutterstock CEO Pay: $2.0 million Pay Ratio: 58:1If you've owned Fastenal (NASDAQ:FAST) for the past five years, your patience is finally being rewarded after spending four years rangebound between $40-$50. Up 32% year to date through April 15, FAST stock looks like its gallop to $100 is underway. Consider that the supplier of industrial and construction supplies grew revenues and operating profits over the past five years by 49% and 40% to $5.0 billion and $1.0 billion respectively. And for that, its stock went sideways. In the company's Q1 2019 earnings, Fastenal grew the top and bottom lines by double digits. Revenues were up 12.2% on a like-for-like basis, and net earnings rose 11.9% to $0.68 a share. Helping move the needle is its industrial vending machine program. In the first quarter, it signed 5,603, bringing the total number to 83,410, an increase of 13.4% over Q1 2018. Sales at those machines grew in the high teens in the first quarter. And you thought vending machines were a thing of the past. Fastenal is all about customer service. It's got the growth to prove it. Amazon (AMZN)Source: Shutterstock CEO Pay: $1.7 millionPay Ratio: 59:1Say what you will about Amazon (NASDAQ:AMZN) CEO and founder Jeff Bezos, but you can't deny his company's success. A $10,000 investment ten years ago is worth almost $247,000 today. Bezos might be amoral or immoral in your opinion but his ability to deliver what the world's craving is astonishing. Everything Amazon does is to please the customer. In Bezos' annual letter to shareholders, he mentions the word customer on 49 occasions. "Much of what we build at AWS is based on listening to customers. It's critical to ask customers what they want, listen carefully to their answers, and figure out a plan to provide it thoughtfully and quickly (speed matters in business!). No business could thrive without that kind of customer obsession. But it's also not enough. The biggest needle movers will be things that customers don't know to ask for," the CEO wrote. * 7 Stocks to Buy for Spring Season Growth How many CEOs do you know that think like this? I can count the number on two hands. He might be an a**hole in the minds of many, but he's a brilliant one, cut from the same cloth as Elon Musk. Garmin (GRMN)Source: slgckgc via Flickr (modified)CEO Pay: $2.4 millionPay Ratio: 76:1The cream always rises to the top. Garmin (NASDAQ:GRMN) is one of those companies that seems to fly under the radar despite being a reasonably large company. If you own Fitbit (NASDAQ:FIT) stock, however, you're likely more than a little aware of Garmin. In the most recent quarter, Garmin delivered boffo earnings. Since announcing Q4 2018 results February 20, GRMN stock is up 24%. A key highlight from earnings was its guidance for 2019. Analysts were expecting earnings of $3.52 a share on $3.43 billion in revenue. Garmin CEO Cliff Pemble's outlook is for $3.70 a share on the bottom line and $3.50 billion on the top line. "2018 was another remarkable year of revenue and operating income growth driven by strong performance in our aviation, marine, outdoor and fitness segments," Pemble said in its news release. "Entering 2019, we see many opportunities ahead and believe that we are well positioned to seize these opportunities with a strong lineup of products across all of our segments."Hopefully, you're beginning to see a trend. Companies that keep the pay ratio low tend to deliver strong long-term results. Since Pemble became CEO in January 2013, GRMN stock has generated a 19.7% annualized total return for shareholders, 440 basis points greater than the SPDR S&P 500 ETF (NYSEARCA:SPY). Simon Property (SPG)Source: m01229 via Flickr (Modified)CEO Pay: $4.8 million Pay Ratio: 88:1A lot of investors might have a problem owning shopping malls. I certainly wouldn't. But they've got to be good. They can't be Class C malls with no-name retailers filling the place. That's a recipe for disaster. Zacks recently wondered if Simon Property's (NYSE:SPG) efforts were enough to battle the retail blues. Are we seriously still having that discussion in 2019. Well, it turns out there are a lot of crappy retailers still operating including Sears. "The deepening of the relationship with existing tenants, and the launch of its online retail platform, weaved with an omni-channel strategy, will likely be accretive to Simon Property's long-term growth," wrote Zack's equity research team April 8."In fact, the company is investing billions and actively restructuring its portfolio, aiming at premium acquisitions and transformative redevelopments. The transformational plans include the addition of hotels, restaurants, residences and luxury stores."The fact is, very few retail mall owners have the vision of the Simon family. They've been doing this a long time. They're more than capable of rolling with the punches. * 10 S&P 500 Stocks to Weather the Earnings Storm Good brick-and-mortar retail isn't disappearing. Just the crappy kind is. Know the difference. O'Reilly Automotive (ORLY)Source: JJBers via Flickr (modified)CEO Pay: $2.9 millionPay Ratio: 141:1O'Reilly Automotive (NASDAQ:ORLY) makes it on to the list despite hitting a 26-year high of $398.41 in early April and carrying on past $400 in the days that followed. Up 19% year to date through April 15, ORLY's only had one year of negative returns since 2009. As a result, you're looking at a 10-year annualized total return of 27.3%, almost double the S&P 500. In 2018, the retailer of aftermarket auto parts had same-store sales growth of 3.8%, at the top of its estimate for the year, the company's 26th year with an increase. In 2019, it expects same-store sales growth of 3%-5%. This past year it opened 200 net new stores in 36 states. It plans to open as many as 210 in 2019. It now has 5,219 stores across the U.S. On the bottom line, O'Reilly increased its EPS by 27% over 2017 to $16.10, the 10th consecutive year with a 15% increase in earnings. In 2019, it expects EPS of at least $17.37. Given its track record, you should expect more than that. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 7 Companies That Are Closing the CEO-Worker Wage Gap appeared first on InvestorPlace.
- Business Wire•3 days ago
American Water’s 2019 First Quarter Conference Call Scheduled for May 2, 2019
American Water Works Company, Inc. (AWK) announced today that it intends to release its 2019 first quarter financial results after the market closes on Wednesday, May 1, 2019. Susan Story, president and chief executive officer, Linda Sullivan, executive vice president and chief financial officer, and Walter Lynch, chief operating officer, will host the 2019 first quarter earnings conference call and webcast with investors, analysts and other interested parties on Thursday, May 2, 2019 at 9 a.m. Eastern Daylight Time. Interested parties may listen to an audio webcast of the conference call through a link on the Investor Relations homepage at ir.amwater.com.
- Business Wire•3 days ago
Pennsylvania American Water Unveils $8 Million Plan for Water Storage Upgrades
Pennsylvania American Water today announced its 2019 plans to rehabilitate 15 of its water storage tanks. Pennsylvania American Water’s tank rehabilitation program of inspecting, sandblasting and repainting tanks will extend their service life and protect water quality.
- Zacks•3 days ago
American Water Hikes Dividend by 9.9%, Keeps Streak Alive
American Water (AWK) increases its annual dividend rate by 9.9%, keeping the yearly hike tradition alive.
- Business Wire•4 days ago
American Water Increases Quarterly Dividend by 9.9%
American Water Works Company, Inc. (AWK) announced today that its board of directors increased its quarterly cash dividend payment from 45.5 cents to 50.0 cents per share, a 9.9% percent increase. The increased dividend is consistent with American Water’s historical dividend practice, which is to link dividend increases to earnings per share growth and target a payout ratio between 50 to 60 percent of net income. “American Water is a company that prepares for the future and is committed to being purpose driven, people powered, customer obsessed and the trusted source of everything water,” said Susan Story, president and CEO of American Water.
- Zacks•4 days ago
American Water's Unit to Buy Assets of Warring Water Service
American Water's (AWK) unit California American Water is set to further expand its operation in California through the acquisition of assets of Warring Water Service.
- Zacks•4 days ago
Should You Invest in the Invesco DWA Utilities Momentum ETF (PUI)?
Sector ETF report for PUI
- Business Wire•5 days ago
California American Water Acquires Warring Water Service, Inc.
California American Water, a subsidiary of American Water (AWK), has entered into agreement to acquire the operating assets of the Warring Water Service, Inc. Following the completion of the sale, California American Water will become the new water provider to approximately 514 customers in Piru, California. Warring Water Service Inc., is a privately owned class D water utility located in Ventura County. California American Water currently supplies water service to more than 48,000 homes and businesses in Los Angeles and Ventura County.
- Zacks•5 days ago
American Water to Clean Wastewater Lagoons With NitrOx System
American Water's (AWK) unit Missouri American Water will invest $0.7M in revamping and restoring wastewater lagoons by utilizing Triplepoint's NitrOx system.
- Business Wire•6 days ago
Missouri American Water Plans $650,000 Wastewater Facility Upgrade in Eugene
Missouri American Water is beginning work on a project to upgrade the existing wastewater lagoons at its Lake Carmel wastewater treatment facility beginning in late April 2019. “The NitrOx system is an innovative technology,” said Robert Goeltz, Senior Project Engineer. “It not only meets the current ammonia limits but is also capable of meeting the potential future more stringent regulations.
- Business Wire•10 days ago
New Jersey American Water Announces 9th Annual First Responder Grant Program Winners
New Jersey American Water is proud to announce the winners of their 9th Annual First Responder Grant Program. This year, 21 volunteer fire departments and emergency responders located in the company’s service areas have been chosen to receive grants, totaling nearly $20,000, which will be used to support initiatives, training and/or upgraded equipment to help the responders better protect the communities ...
- Business Wire•10 days ago
American Water Recognized by Philadelphia Business Journal as One of the 2019 Faces of Philanthropy
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, was recognized today by the Philadelphia Business Journal as one of the 2019 Faces of Philanthropy for making a difference in the greater Philadelphia region through its unique partnership with LUCY Outreach. Empowered by the move to its new home in Camden, American Water and its employees showcased their commitment by supporting LUCY Outreach, a Camden-based organization that provides services to underserved Camden County youth, young adults and their families. “The overwhelming support from American Water has been impactful for the youth and families that LUCY Outreach serves,” said Kristin Prinn Rose, Executive Director and Founder of LUCY Outreach.
- Business Wire•10 days ago
American Water CEO Susan Story Set to Participate in S&P Global ESG Evaluation Launch Event
American Water (AWK), the nation’s largest publicly-traded water and wastewater utility company, announced President and Chief Executive Officer Susan Story will participate in the launch of the S&P Global Ratings Environmental, Social Responsibility and Governance (ESG) Evaluation Launch Event on April 11 in New York City. Later today, Story will participate in a panel discussion – “A CEO Perspective: Why ESG Matters?” facilitated by Doug Peterson, President & CEO, S&P Global. “We’re a purpose driven company, our values define not just what we do but who we are.
- Zacks•12 days ago
American Water's Unit Acquires Water and Wastewater Assets
American Water's (AWK) unit Kentucky American Water acquires water and wastewater assets of the City of North Middletown to further expand operation in Bourbon County, KY.
- Business Wire•13 days ago
Kentucky American Water Acquires North Middletown Water and Wastewater Assets
Kentucky American Water announced today that it has acquired the water and wastewater assets of the City of North Middletown in Bourbon County, Kentucky. The transaction adds approximately 400 water customers and 250 wastewater customers to Kentucky American Water and expands the company’s service area in Bourbon County. “We are pleased to welcome the City of North Middletown’s water and wastewater customers to Kentucky American Water,” said Nick Rowe, president of Kentucky American Water and senior vice president of American Water’s Southeast Division.
- Business Wire•13 days ago
Illinois American Water Water Quality Expert Lori Stenzel Recognized with ISAWWA Outstanding Woman in Water Award
Lori Stenzel, senior water quality and environmental compliance specialist for Illinois American Water, was awarded the 2019 Illinois Section of the American Water Works Association (ISAWWA) Women in Water Outstanding Woman award (WiWOW). This award was created to honor an individual making significant contribution to the advancement of women in the water industry.
- Business Wire•13 days ago
American Water Names Robert Burton President of West Virginia American Water
American Water has named Robert Burton president of West Virginia American Water effective today. Burton is replacing Brian Bruce, who has left American Water. Burton has 22 years of utility management experience and most recently served as the senior director of operations for Pennsylvania American Water.
- Business Wire•13 days ago
American Water Names Andrew Clarkson Vice President of Operations for Pennsylvania American Water
American Water announced today it has named Andrew Clarkson the vice president of operations for Pennsylvania American Water, effective April 22. Clarkson replaces Jimmy Sheridan, who was recently named vice president of internal audit for American Water. As the vice president of operations, Clarkson will lead all operations for Pennsylvania American Water, including water and wastewater treatment, transmission, distribution, field services, metering, SCADA, water quality and environmental compliance, business performance and customer advocacy.
- Business Wire•13 days ago
Missouri American Water Makes $850,000 Investment to Upgrade Valves, Perform Other Work at Primary St. Louis Treatment Plant
Missouri American Water is putting the finishing touches on an important project at the largest water treatment plant in St. Louis. The company is wrapping up the replacement of two valves, adding hydrants and replacing water main at its Central Plant, serving most of St. Louis County, in Chesterfield. “Infrastructure is more than the water mains running beneath the streets of St. Louis,” said Kurt Smith, engineer for Missouri American Water.
- Simply Wall St.•18 days ago
Here's How P/E Ratios Can Help Us Understand American Water Works Company, Inc. (NYSE:AWK)
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it prac...
- American City Business Journals•19 days ago
Why Moody's downgraded American Water's credit rating
The Camden-based company said S&P; saw through tax reform's impact on a metric, while Moody's did not.
