American Water Works (AWK) Set to Announce Earnings on Wednesday

American Water Works (NYSE:AWK) is scheduled to release its earnings data after the market closes on Wednesday, July 31st. Analysts expect American Water Works to post earnings of $1.50 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Thursday, May 2nd. The utilities provider reported $0.95 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.03). American Water Works had a net margin of 22.27% and a return on equity of 9.74%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $962.30 million. During the same period last year, the company earned $0.91 earnings per share. American Water Works’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, analysts expect American Water Works to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

American Water Works Price Performance

AWK opened at $141.42 on Tuesday. American Water Works has a one year low of $113.34 and a one year high of $148.20. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.85 and a quick ratio of 0.79. The company’s 50 day simple moving average is $132.33 and its 200-day simple moving average is $126.09. The stock has a market capitalization of $27.55 billion, a P/E ratio of 28.69, a price-to-earnings-growth ratio of 3.38 and a beta of 0.67.

American Water Works Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Tuesday, May 14th were paid a $0.765 dividend. The ex-dividend date of this dividend was Monday, May 13th. This is a boost from American Water Works’s previous quarterly dividend of $0.71. This represents a $3.06 dividend on an annualized basis and a yield of 2.16%. American Water Works’s dividend payout ratio (DPR) is presently 62.07%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. UBS Group raised their price objective on shares of American Water Works from $124.00 to $139.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. StockNews.com cut shares of American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, American Water Works currently has a consensus rating of “Hold” and a consensus target price of $141.80.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.