|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||39.27 - 39.76|
|52 Week Range||32.09 - 39.76|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||45.14|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.88 (2.24%)|
|1y Target Est||40.94|
American Water Works' (AWK) unit, Pennsylvania American Water, will invest nearly $355 million in 2019, which will enable it to provide quality services to the expanding customer base.
U.S. equities are rebounding on Wednesday thanks to another positive headline out of the President Donald Trump Administration. Specifically, it sounds like a decision on possible tariffs on auto imports from Europe will be delayed. Ostensibly, this is to clear the way to concentrate on the standoff with China and give the markets enough good news to keep prices stable.So far, it appears to be working. The Dow Jones Industrial Average is rebounding back above its 200-day moving average, the third day of testing this critical support level, and looks set for a challenge of overhead resistance near the 26,000 level. The tech-heavy Nasdaq Composite looks even better, attempting to climb back above the 50-day moving average thanks to big gains in the likes of Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). * 10 Retirement Stocks That Won't Wilt in a Bear Market But its the income-oriented stocks that are catching my eye as investors pile into defensive names on the expectation that we've yet to see the last of this latest bout of volatility. Here are four names to watch:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Utility Stocks to Buy: American Electric Power (AEP)Shares of American Electric Power (NYSE:AEP) are pushing up and out of a three-month consolidation range as it continues a steady long-term uptrend that goes back to the 2009 bear market low. Two days ago, as the Dow plunged below its 200-day moving average for the first time in months, AEP stock was pushing to a new record high.Shares carry a 3.1% dividend yield. The company is scheduled to next report results on July 24 before the bell. Analysts are looking for earnings of $1 per share on revenues of $4.1 billion. When the company last reported on April 25, earnings of $1.19 per share beat estimates by eight cents on a 2.5% rise in revenues. Aqua America (WTR)Shares of water utility Aqua America (NYSE:WTR) have also been flirting with new highs in recent days, jumping up and over resistance that's been in play since late 2017. The company, based in Pennsylvania, pays a 2.2% dividend yield. Analysts at Coker Palmer recently defended the name after soft quarterly results, noting it was more about timing discrepancies than softness in the underlying business. * 6 Trade War Stocks With a Lot of Risk The company is scheduled to next report results on Aug. 1 after the close. Analysts are looking for earnings of 39 cents per share on revenues of $226.9 million. When the company last reported on May 2, earnings of 28 cents per share missed estimates by two cents on a 3.5% rise in revenues. Consolidated Edison (ED)Like the other names presented here, Consolidated Edison (NYSE:ED) shares are using the current market volatility to push to new record highs, jumping over resistance from prior highs set in late 2017 as it exits a three-month consolidation range. The stock pays a 3.5% dividend yield. Analysts at Bank of America Merrill Lynch recently upgraded shares to "buy," and set a $94-a-share price target.The company will next report results on Aug. 1 after the close. Analysts are looking for earnings of 61 cents per share on revenues of $2.8 billion. When the company last reported on May 2, earnings of $1.39 beat estimates by three cents on $3.4 billion in revenues. Southern Company (SO)Shares of power utility Southern Company (NYSE:SO) are also pushing to new highs this week, breaking up and out of a three-month consolidation range. This caps a near-30% rise off of its late December low, breaking free of a sideways channel that went back to 2016. Evercore ISI analysts recently upgraded the stock, which carries a dividend yield of 4.6%. * 7 Dividend Stocks to Buy as the Trade War Reignites The company will next report results on Aug. 7 before the bell. Analysts are looking for earnings of 71 cents per share on revenues of $5.1 billion. When the company last reported on May 1, earnings of 70 cents per share missed estimates by two cents on a 15.1% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 4 Dividend-Focused Utilities Pushing Higher appeared first on InvestorPlace.
Aqua America (WTR) to continue making capital investments in 2019 to strengthen its existing water and wastewater infrastructure.
The water utility announced a solid Q1 performance and reiterated full-year guidance, but the real excitement lies in the pending merger with Peoples.
Aqua America Inc. (WTR) is recognizing the seventh annual Infrastructure Week, May 13-20, 2019, helping raise awareness of the critical state of infrastructure across the United States. A leading contributor to water and wastewater infrastructure repair and replacement, Aqua plans to invest more than $555 million this year across the eight states where the company operates to improve systems. “As one of the largest water and wastewater utilities in the country, Aqua is committed to thoughtful and continuous investment in the infrastructure that delivers water and wastewater service to our customers safely and reliably,” said Aqua Chairman and CEO Christopher Franklin.
Aqua America Inc. announced today that Christine Saball will join Aqua as vice president, tax to succeed current VP Bill Jerdon, who plans to retire July 1.
American States Water's (AWR) first-quarter 2019 revenues increase on a year-over-year basis owing to higher revenues across all its segments.
Aqua America (NYSE: WTR) Chairman and CEO Chris Franklin has been named a finalist for the EY Entrepreneur Of The Year® 2019 award in Greater Philadelphia. Widely considered one of the most prestigious business awards in the U.S., the program recognizes entrepreneurs and leaders of high-growth companies who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. Franklin was selected as a finalist by a panel of independent judges.
Futures Bounce on Liu He Visit News of a visit to the United States by Chinese Vice Premier Liu He has caused a futures bounce in US and Chinese markets. He (the Liu one) will visit the US for trade talks in what may hopefully salvage collapsing negotiations after Trump threatened to jack up tariffs […]The post Market Morning: China Bounce, Water Stocks, Brexit Customs Union, CBD Goes Golfing appeared first on Market Exclusive.
Aqua America's (WTR) Q1 earnings miss estimates but total revenues improve year over year, courtesy of new rates, organic growth and contribution from acquired assets.
It’s a national issue, but New Jersey and Pennsylvania — where local manufacturing of the chemicals and use of PFAS-containing firefighting foam at regional military bases spurred some of the most serious concerns – are at the center.
Aqua America (WTR) delivered earnings and revenue surprises of -6.67% and -1.25%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Bryn Mawr, Pennsylvania-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, were 28 cents per share. The results missed Wall Street expectations. ...
Womack is the president of external affairs for Southern Company, a leading gas and electric utility holding company based in Atlanta. In his current role, held since 2008, Womack directs the company’s public policy strategies and oversees the company’s governmental and regulatory affairs, corporate communication initiatives and other external and strategic business engagements. Womack has held multiple executive leadership positions at Southern Company and its subsidiaries since he joined the organization in 1988.
The Board of Directors of Aqua America today declared a quarterly cash dividend of $0.2190 per share, payable on June 1, 2019 to all shareholders of record on May 17, 2019.
Aqua America Chief Environmental Officer Chris Crockett received the George W. Fuller Award by the Pennsylvania Section of the American Water Works Association. The George Warren Fuller Award is presented each year by AWWA to a member who has been selected by the Pennsylvania section for “distinguished service in the water supply field and in commemoration of the sound engineering skill, the brilliant diplomatic talent, and the constructive leadership of men and women in the association, which characterized the life of George Warren Fuller,” one of America’s most eminent engineers. Aqua America Executive Vice President and Chief Operating Officer Rick Fox said, “This award is well-deserved, and we are all very proud of Chris and his accomplishments and contributions to the water industry.
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.
Moody's Investors Service ("Moody's") has today assigned a first-time Baa2 rating to the senior unsecured obligations of Aqua America, Inc. (Aqua). The rating incorporates the acquisition financing plans associated with the purchase of PNG Companies, LLC (PNG, Baa2 positive), subject to final approvals. "Aqua's credit is supported by low-risk utility operations focused in Pennsylvania, a very supportive regulatory environment" said Ryan Wobbrock, Vice President - Senior Credit Officer.
Aqua America Inc. (WTR) today announced it has priced its public offering of $400 million aggregate principal amount of its 3.566% senior notes due 2029 and $500 million aggregate principal amount of its 4.276% senior notes due 2049. Aqua anticipates that the offering will close April 26, 2019, subject to customary closing conditions. Aqua intends to use the net proceeds from the senior notes offering, together with the net proceeds from Aqua’s previously completed common stock offering and tangible equity unit offering, as well as the proceeds from Aqua’s previously announced investment from Canada Pension Plan Investment Board, (1) to fund the previously announced acquisition of Peoples, (2) to complete the redemption of approximately $314 million aggregate principal amount of certain of Aqua’s outstanding notes, (3) to pay related costs and expenses and (4) for general corporate purposes.
American Water Works' (AWK) unit California American Water enters into an agreement to acquire assets of East Pasadena Water Company and further expand operation in California.