Analysts forecast that American Water Works Company Inc (NYSE:AWK) will announce earnings of $0.66 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for American Water Works’ earnings, with the highest EPS estimate coming in at $0.68 and the lowest estimate coming in at $0.63. American Water Works posted earnings of $0.57 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 15.8%. The business is scheduled to issue its next earnings results on Tuesday, February 20th.

On average, analysts expect that American Water Works will report full-year earnings of $3.01 per share for the current financial year, with EPS estimates ranging from $2.99 to $3.05. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.27 per share, with EPS estimates ranging from $3.20 to $3.37. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow American Water Works.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, November 1st. The utilities provider reported $1.08 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.08. The business had revenue of $936.00 million for the quarter, compared to the consensus estimate of $992.58 million. American Water Works had a return on equity of 9.69% and a net margin of 15.82%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.05 EPS.

Several research firms have weighed in on AWK. Argus boosted their price target on American Water Works from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, December 29th. Guggenheim cut American Water Works from a “buy” rating to a “neutral” rating in a report on Tuesday, January 2nd. Zacks Investment Research raised American Water Works from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a report on Tuesday, December 19th. Janney Montgomery Scott cut American Water Works from a “buy” rating to a “neutral” rating in a report on Friday, November 3rd. They noted that the move was a valuation call. Finally, Robert W. Baird boosted their price objective on American Water Works from $82.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $90.51.

In related news, insider Deborah A. Degillio sold 822 shares of the company’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $89.75, for a total value of $73,774.50. Following the completion of the transaction, the insider now owns 3,659 shares of the company’s stock, valued at approximately $328,395.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Walter Lynch sold 5,000 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $89.95, for a total value of $449,750.00. Following the completion of the transaction, the chief operating officer now directly owns 97,667 shares of the company’s stock, valued at approximately $8,785,146.65. The disclosure for this sale can be found here. In the last three months, insiders sold 6,856 shares of company stock valued at $616,700. Insiders own 0.34% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AWK. Schwab Charles Investment Management Inc. raised its holdings in American Water Works by 3.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 570,921 shares of the utilities provider’s stock worth $44,504,000 after purchasing an additional 18,496 shares during the period. Blair William & Co. IL acquired a new position in American Water Works in the 2nd quarter worth about $225,000. Victory Capital Management Inc. raised its holdings in American Water Works by 17.7% in the 2nd quarter. Victory Capital Management Inc. now owns 28,546 shares of the utilities provider’s stock worth $2,225,000 after purchasing an additional 4,303 shares during the period. Prudential Financial Inc. raised its holdings in American Water Works by 1.3% in the 2nd quarter. Prudential Financial Inc. now owns 257,075 shares of the utilities provider’s stock worth $20,039,000 after purchasing an additional 3,368 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in American Water Works by 8.5% in the 2nd quarter. Pacer Advisors Inc. now owns 3,683 shares of the utilities provider’s stock worth $287,000 after purchasing an additional 290 shares during the period. 80.79% of the stock is owned by institutional investors.

American Water Works (AWK) traded down $0.86 during trading on Thursday, reaching $86.75. The company’s stock had a trading volume of 1,140,900 shares, compared to its average volume of 878,386. The company has a current ratio of 0.49, a quick ratio of 0.47 and a debt-to-equity ratio of 1.21. The stock has a market cap of $15,474.03, a P/E ratio of 29.41, a PEG ratio of 3.55 and a beta of 0.27. American Water Works has a twelve month low of $69.96 and a twelve month high of $92.37.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Wednesday, February 7th will be issued a $0.415 dividend. The ex-dividend date is Tuesday, February 6th. This represents a $1.66 annualized dividend and a dividend yield of 1.91%. American Water Works’s dividend payout ratio (DPR) is presently 56.27%.

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American Water Works Company Profile

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

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