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

American Water Works (NYSE:AWK) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect American Water Works to post earnings of $1.13 per share and revenue of $1.11 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

American Water Works Stock Down 0.9 %

NYSE:AWK opened at $125.76 on Tuesday. The firm’s 50 day simple moving average is $125.14 and its 200 day simple moving average is $135.20. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53. American Water Works has a one year low of $113.34 and a one year high of $150.68. The company has a market cap of $24.51 billion, a PE ratio of 24.90, a P/E/G ratio of 2.62 and a beta of 0.72.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be given a $0.765 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.43%. American Water Works’s dividend payout ratio (DPR) is currently 60.59%.

Wall Street Analysts Forecast Growth

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