AWK - American Water Works Company, Inc.
| Previous Close | 116.64 |
| Open | 116.00 |
| Bid | 117.98 x 1800 |
| Ask | 134.40 x 800 |
| Day's Range | 115.60 - 118.39 |
| 52 Week Range | 82.20 - 119.28 |
| Volume | 692,113 |
| Avg. Volume | 920,893 |
| Market Cap | 21.298B |
| Beta (3Y Monthly) | 0.23 |
| PE Ratio (TTM) | 37.18 |
| EPS (TTM) | 3.17 |
| Earnings Date | Jul 31, 2019 |
| Forward Dividend & Yield | 2.00 (1.71%) |
| Ex-Dividend Date | 2019-05-10 |
| 1y Target Est | 110.67 |
- Business Wire•11 hours ago
AWWA 2019 American Water Scholarship Presented to University of Colorado at Boulder Doctoral Student Kaitlin Mattos
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that Kaitlin Mattos, a doctoral student at the University of Colorado at Boulder, has been chosen as the recipient of the American Water Works Association (AWWA) 2019 American Water Scholarship. The scholarship is an annual award of $5,000 presented to a graduate level student to assist with the development of professionals interested in service to the water industry.
- Business Wire•11 hours ago
California American Water Desalination Project Awarded $10 Million State Grant
The California Department of Water Resources (DWR) announced today they will provide a $10 million grant to public utility, California American Water, to help build the seawater desalination component of the Monterey Peninsula Water Supply Project, the company’s solution to the Monterey Peninsula’s long-standing water shortage. “We are extremely grateful to DWR for supporting our project,” said California American Water president Rich Svindland.
- Zacks•18 hours ago
Should You Invest in the Invesco DWA Utilities Momentum ETF (PUI)?
Sector ETF report for PUI
- Business Wire•2 days ago
Consumer Confidence Reports Show Excellent Water Quality in California
California American Water published the 2018 Consumer Confidence Reports, which demonstrate high quality water service throughout its state districts. The reports also cover drinking water sources, public health information, substances detected in the water and the levels of those substances.
- Business Wire•2 days ago
Missouri American Water Names Ken Franklin as Manager of Government Relations
Missouri American Water is proud to announce the hiring of Ken Franklin as its Manager of Government Relations. Franklin brings to the company more than two decades of knowledge and experience in government and politics. In addition to his professional roles, Franklin also serves on the boards of Girls Inc. and St. Louis Developmental Disability Resources.
- Business Wire•3 days ago
American Water Employees Raise More Than $270,000 in Support of Water For People
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, announced today the company and its employees raised more than $272,000 to support Water For People, an international nonprofit organization dedicated to providing access to improved water and sanitation systems and services in developing countries. “We are providing a significant contribution to help Water For People in its mission to provide safe drinking water, clean sanitation, and education to people in developing countries where thousands of children die every day from waterborne illnesses,” said Linda Sullivan, Senior Vice President & Chief Financial Officer and executive sponsor of the company’s Water For People employee giving campaign.
- Zacks•3 days ago
American Water Works (AWK) Moves to Buy: Rationale Behind the Upgrade
American Water Works (AWK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- Insider Monkey•6 days ago
Hedge Funds Have Never Been More Bullish On American Water Works Company, Inc. (AWK)
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
- Business Wire•8 days ago
High-Performing Students Earn Pennsylvania American Water’s 2019 “Stream Of Learning” Scholarships
Pennsylvania American Water today announced that 10 students across Pennsylvania have been selected to receive $1,000 scholarships through its Stream of Learning scholarship program.
- InvestorPlace•8 days ago
3 Utility Stocks With Years of Dividend Growth
There's a lot on investor's plates these days. Issues with trade, lower economic data and the inverted yield curve are just a few of the problems everyone is facing today. As a result, many investors, especially older investors near or in retirement, have started think about portfolio security. Thankfully, utility stocks satisfy this growing need for safety … you just need to know the right ones to pick.For one thing, utility stocks generally feature stable earnings. Consumers need to heat their homes and keep the power on no matter what the economy is doing. Because of this, many utility stocks pay some hefty dividends. And those dividends can help lower volatility, reduce losses and provide a guaranteed return for investors.But not all utility stocks are cut from the same cloth.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere have been some dividend blow-ups in the sector, as a few have become over-leveraged and focused on the wrong operating areas. That means investors must choose to buy utility stocks with long dividend histories -- through thick and thin -- to get the perceived safety of the sector. * 10 Smart Dividend Stocks for the Rest of the Year With that in mind, here are three utility stocks with years of dividend growth behind them. UGI Corp (UGI)Source: Mike Mozart via Flickr (Modified)Dividend Yield: 2.28%When it comes to utility stocks, the sector owes a few thanks to UGI Corporation (NYSE:UGI). The firm was the first to adopt the now commonplace utility holding company model. That is, holding a series of regulated assets -- like power generation and transmission lines -- to provide cash flows for investment in non-regulated ones. And as the "O.G." in that regard, UGI has become the master at it.For starters, UGI owns plenty of boring electric and gas operations in the Northeast. These utility holdings churn out plenty of steady cash flows for the utility. The trick is that UGI has smartly used these holdings to build-out an impressive system of tangential assets that provide much bigger profit potential. This includes natural gas pipelines and a global distribution network for liquefied petroleum gas (LPG). More recently, the firm simplified that structure by buying out all the units of its propane MLP AmeriGas (NYSE:APU).This wide-ranging asset base has been stellar for UGI's bottom line. Last year was one of the firm's best fiscal years ever and last quarter continued that growth. Because of the continued success of its holding company model, UGI has been able to pay a dividend for the last 135 years. Moreover, it has been able to raise its dividend for the last 32 years straight. The last increase was a whooping 15.4% jump.All in all, for investors looking at utility stocks, UGI needs to be at the top of your list. American Electric Power (AEP)Source: Riccardo Annandale Via UnsplashDividend Yield: 3.01%For utility stocks, size matters. A huge operating base means plenty of customers paying for service and that results in a stable base of cash for dividends to be paid out from. That is exactly what mega-utility American Electric Power (NYSE:AEP) does in spades.AEP is one of the largest electric companies in the entire country. The firm's 26,000 megawatts worth of generation capacity serves more than 11 states and 5.4 million customers. That's a lot of utility bills to pay. And it's that fact that keeps the lights on at AEP. Last year, American Electric managed to pull in more than $16 billion in revenues from its widespread operations.These revenues have continued to translate into solid earnings-per-share growth and dividend payments. AEP has paid a dividend since its founding in 1910 and since 2003, the utility stock has managed to increase its payout by 91%.The best part is, the dividends could keep growing. * 7 Stocks to Buy for the Coming Recession The problem for AEP has long been its reliance on coal. It's an old utility. But thanks to recent regulatory moves by the Trump Administration, AEP has more time to decommission and add new capacity to its umbrella. This will help prevent the firm from spending big to fix the problem instantly. That means there will be plenty of cash leftover for dividends. American Water Works Company (AWK)Source: Shutterstock Dividend Yield: 1.73%Often, investors will flock to electric or gas distributors when focusing on utility stocks. However, for long-term dividends, the water sector can't be beaten. Many of the top water utility stocks have been paying dividends since the 1800's. This includes American Water Works Company (NYSE:AWK).But AWK isn't like most water utilities. It's the water utility. The firm is the largest water utility providing clean water and wastewater services to more than 15 million people across 46 states and Canada. None of its rivals can match that size and scope. Because of this, AWK has been an earnings and dividend machine, especially over the last few years. Since 2014, EPS have grown at a compounded annual rate of 8.3%, while dividends have increased by over 10% annually.The best part is that American Water has a plan to boost that further.Given how essential it is for life, water utilities are some of the most regulated. However, AWK is undergoing a big spending spree to modernized and upgrade its grid. That spending is exactly what regulators like to see before granting an increase in rates. And given a lot of that spending is on tech upgrades to reduce waste, margins should be quite nice for AWK.That'll help turn its 1.75% yield into something greater.At the time of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 3 Utility Stocks With Years of Dividend Growth appeared first on InvestorPlace.
- Business Wire•9 days ago
Missouri American Water Names Grant Evitts as Vice President of Operations
Grant Evitts has accepted the position of Vice President of Operations for Missouri American Water, effective June 17. In his new role, Evitts will lead Water Quality, Field Operations, Production and Maintenance teams across the state. Evitts has been an employee of American Water for 30 years, holding positions in both Illinois and Missouri.
- Zacks•9 days ago
Here's Why American Water Works (AWK) is a Great Momentum Stock to Buy
Does American Water Works (AWK) have what it takes to be a top stock pick for momentum investors? Let's find out.
- Business Wire•9 days ago
American Water Hosts Project WET Workshops for Camden Educators this Summer
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, will host three Project WET (Water Education For Teachers) Workshops this summer to advance responsible use of water resources through community-based teacher training. “American Water is proud to support educators in Camden as we work collectively with the New Jersey Department of Environmental Protection and other partners to improve the environment,” said Ruben Rodriguez, senior director of external communications at American Water. “Since our move to Camden, we have been strategically working to grow our partnerships with community organizations and support the residents, families and students in this great city.
- Business Wire•10 days ago
American Water’s Corporate Credit Rating of ‘A’, Its Stable Outlook, and Its A-1 Short-Term Credit Rating Receives Affirmation from Standard & Poor’s
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, announced today that Standard & Poor's (S&P) reported on June 7, 2019, it had affirmed the corporate credit rating of ‘A’, its stable outlook and its A-1 short-term credit rating, on American Water Works Company, Inc. and its American Water Capital Corp. finance subsidiary.
- Zacks•13 days ago
American Water's (AWK) Arm to Invest $0.4M in Water Storage
American Water Works (AWK) continues to make investments to upgrade and repair its water and wastewater infrastructure.
- Business Wire•14 days ago
American Water Charitable Foundation Announces 2019 Keep Communities Flowing Grant Award Recipients
The American Water Charitable Foundation, a 501 nonprofit organization created by American Water, the nation’s largest publicly traded water and wastewater utility company, today announced the recipients of the 2019 Keep Communities Flowing Grant Program awards.
- Business Wire•14 days ago
West Virginia American Water Announces New Customer Portal
Customers of West Virginia American Water are now able to more easily access their accounts through a newly developed, mobile-friendly account management site. American Water’s 24-hour Customer Portal, recently launched in West Virginia, allows customers to more easily make payments, view their water usage history and receive alert notifications.
- Business Wire•14 days ago
Illinois American Water Investing Approximately $400,000 for Dana Water Tank Facelift
Illinois American Water is rehabilitating the 68,000 gallon water storage tank located on Walnut Street in the Village of Dana. The investment of approximately $400,000 will help extend the life of the 115-foot-tall storage tank and ensure safe drinking water for today and in the future. Work will kick off this month on the steel standpipe tank which was originally constructed over a decade ago.
- Simply Wall St.•14 days ago
Is American Water Works Company, Inc.'s (NYSE:AWK) ROE Of 9.6% Impressive?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Business Wire•14 days ago
American Water to Share Industry Leadership and Insights at American Water Works Association Annual Conference
American Water , the nation’s largest publicly traded water and wastewater utility company, announced today the company will share its expertise at the American Water Works Association Annual Conference from June 9 -12 in Denver, Colo.
- Zacks•14 days ago
American Water (AWK) Arm to Invest $0.65M in Water Treatment
American Water (AWK) has been making continued investment in strengthening its existing water & wastewater infrastructure, and plans to invest within $8-$8.6 billion in the 2019-2023 time frame.
- Barrons.com•14 days ago
Buy Infrastructure Stocks for Their Big Dividends
Ben Morton of Cohen & Steers expects infrastructure companies to increase their dividends by about 5% to 7% a year, supported by “very predictable cash flows.”
- Business Wire•15 days ago
Illinois American Water Investing Approximately $650,000 at Pontiac Water Treatment Plant
Illinois American Water is investing approximately $650,000 to enhance water service. The project includes a facelift to one of four water treatment tanks, rehabilitation of six filters and installation of a new generator. This work will enhance water service, water pressure and fire protection to Pontiac area customers.
- Business Wire•15 days ago
Top Prizes Awarded to Students in Pennsylvania American Water’s “Protect Our Watersheds” Art Contest
Pennsylvania American Water today announced the winners of its 17th Annual “Protect Our Watersheds” Art Contest, with a sixth-grade student from Montgomery County scoring top honors.
- Zacks•15 days ago
American States Water (AWR) Gets General Rate Case Approval
CPUC's water general rate case approval will allow further infrastructure investments for American States Water (AWR).
