Mueller Water Products (MWA) Projected to Post Earnings on Thursday

Mueller Water Products (NYSE:MWA) is expected to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $292.25 million for the quarter. Mueller Water Products has set its FY 2025 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Mueller Water Products (NYSE:MWA) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. Mueller Water Products had a return on equity of 21.18% and a net margin of 10.05%. During the same period in the previous year, the firm posted $0.13 earnings per share. On average, analysts expect Mueller Water Products to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mueller Water Products Stock Performance

Shares of NYSE:MWA opened at $26.92 on Tuesday. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 1.56 and a beta of 1.38. The firm’s 50 day simple moving average is $23.55 and its 200 day simple moving average is $22.43. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.83 and a quick ratio of 2.16. Mueller Water Products has a fifty-two week low of $14.81 and a fifty-two week high of $28.25.

Mueller Water Products Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be issued a $0.067 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $0.27 annualized dividend and a yield of 1.00%. Mueller Water Products’s dividend payout ratio (DPR) is presently 31.40%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MWA. Royal Bank of Canada upped their price objective on shares of Mueller Water Products from $25.00 to $29.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Oppenheimer restated an “outperform” rating and issued a $27.00 price target (up from $26.00) on shares of Mueller Water Products in a report on Friday, November 8th. The Goldman Sachs Group lifted their price objective on Mueller Water Products from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Finally, StockNews.com cut Mueller Water Products from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Mueller Water Products has an average rating of “Hold” and an average target price of $25.80.

Insider Activity

In related news, CAO Suzanne G. Smith sold 26,138 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $24.99, for a total value of $653,188.62. Following the completion of the sale, the chief accounting officer now directly owns 9,378 shares in the company, valued at $234,356.22. The trade was a 73.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lydia W. Thomas sold 10,791 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $24.40, for a total value of $263,300.40. Following the completion of the transaction, the director now owns 136,405 shares in the company, valued at $3,328,282. The trade was a 7.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 98,433 shares of company stock worth $2,494,144 over the last three months. Corporate insiders own 1.10% of the company’s stock.

Mueller Water Products Company Profile

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.