American Water Works (AWK) Projected to Post Earnings on Wednesday

American Water Works (NYSE:AWK) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $1.11 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

American Water Works Price Performance

Shares of AWK opened at $125.76 on Tuesday. American Water Works has a twelve month low of $113.34 and a twelve month high of $150.68. The stock’s 50 day moving average is $125.14 and its two-hundred day moving average is $135.20. The firm has a market capitalization of $24.51 billion, a PE ratio of 24.90, a P/E/G ratio of 2.62 and a beta of 0.72. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 1.21.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be given a dividend of $0.765 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 annualized dividend and a dividend yield of 2.43%. American Water Works’s dividend payout ratio is currently 60.59%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. JPMorgan Chase & Co. dropped their price objective on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company upgraded shares of American Water Works from an “underweight” rating to an “equal weight” rating and decreased their target price for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $140.00.

About American Water Works

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.