|Bid||32.50 x 1800|
|Ask||0.00 x 1300|
|Day's Range||33.69 - 34.28|
|52 Week Range||32.09 - 39.55|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||24.21|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||0.88 (2.65%)|
|1y Target Est||37.44|
CEO of Aqua America Inc (NYSE:WTR) Chris Franklin bought 25,421 shares of WTR on 11/14/2018 at an average price of $32.86 a share.
Aqua America (WTR) delivered earnings and revenue surprises of 2.33% and -2.35%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Bryn Mawr, Pennsylvania-based company said it had profit of 44 cents per share. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research ...
BRYN MAWR, Pa.-- -- Earnings per share increased to $0.44 vs. $0.43 in Q3 2017 Following quarter end, announced the acquisition of Peoples, a Pittsburgh-based natural gas utility with more than 740,000 customers that provides significant opportunities for infrastructure investment and growth Completed the acquisition of Peotone, Illinois’ water and wastewater systems with nearly 3,000 customers and ...
Over the past 10 years Aqua America Inc (NYSE:WTR) has been paying dividends to shareholders. The company currently pays out a dividend yield of 2.7% to shareholders, making it a Read More...
The agreement, which includes serving roughly 4,950 wastewater connections, falls under Pennsylvania’s Act 12 fair market value legislation that encourages consolidation in a fragmented water and wastewater industry, allowing resources to be shared among a larger service area, Aqua America Chairman and CEO Christopher Franklin said.
Aqua America Inc. (WTR) announced today its Pennsylvania subsidiary has signed an agreement with East Norriton Township, Montgomery County to acquire its wastewater assets, serving roughly 4,950 wastewater connections, for $21 million. Act 12 encourages consolidation in a fragmented water and wastewater industry, allowing resources to be shared among a larger service area, ultimately benefiting utility customers, according to Aqua America Chairman and CEO Christopher Franklin.
The Board of Directors of Aqua America today declared a quarterly cash dividend of $0.2190 per share, payable on Dec. 1, 2018 to all shareholders of record on Nov. 16, 2018.
American Water Works' (AWK) Q3 earnings and revenues are better than expected due to organic growth and solid contribution from acquired assets.
Aqua America (WTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rating Action: Moody's changes the outlook for PNG Companies to positive upon merger announcement with Aqua America, Inc. New York, October 24, 2018 -- Moody's Investors Service ("Moody's") today affirmed PNG Companies LLC's (PNG) Baa2 senior secured rating and changed the outlook to positive from stable. The change in rating outlook reflects Aqua America, Inc's. (Aqua) proposal to buy PNG for approximately $4.3 billion, which includes the assumption of approximately $1.3 billion in debt.
The market didn't like Aqua America's news on Tuesday that it's buying a big natural gas company. Here's why American Water Works is extremely unlikely to make a similar move.
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Aqua America Inc has agreed to acquire privately-owned natural gas utility Peoples in an all-cash deal worth $4.3 billion inclusive of debt, it said on Tuesday, as the water utility seeks to diversify its service offering. American utility companies have been building scale through dealmaking to help cost cuts and provide funds to help replace much of the country's aging critical infrastructure. Billed as the first major acquisition of a gas utility by a water provider, the deal would create a company which is both the second-largest water utility and fifth-largest stand-alone natural gas local distributor in the United States with 1.7 million customers, according to a statement announcing the transaction.
A strange thing is happening with utility stocks. Traditionally, when interest rates move higher - typically measured by the movement of the 10-year U.S. Treasury yield - investors rotate away from utilities. But that hasn't been the case; in fact, the opposite is true. Instead, the sector's safety aspect is winning out, and jittery investors are piling into the space. "In a market like this, in a dramatic selloff, the rotational effects will be higher than the interest rate effect," says Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management. Broadly speaking, according to stock market research firm Birinyi Associates, independent power producers and electric utilities are best at handling the market adversity. Multi-utilities and water providers are losing ground, just like the rest of the market. But specifically, what are the best stock picks in this defensive sector - where investors can duck for cover? Here are 10 utility stocks to buy that yield an average of 4.1%. SEE ALSO: 53 Best Dividend Stocks for 2018 and Beyond
Acquisition of Pittsburgh-based natural gas company followed strategy of the Philadelphia-based water utility.
PWSA has been under oversight of the Pennsylvania Public Utility Commission since April, and Peoples CEO had proposed a public-private partnership.
Aqua is buying Peoples, which includes Peoples Gas Co. LLC, Peoples Natural Gas Co. LLC and Delta Natural Gas Co. Inc., from investment firm SteelRiver Infrastructure Partners. Aqua said it values the deal at $4.28 billion, which includes about $1.3 billion in debt.