Wall Street brokerages predict that American Water Works Company Inc (NYSE:AWK) will post earnings per share of $1.16 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for American Water Works’ earnings. The highest EPS estimate is $1.20 and the lowest is $1.13. American Water Works reported earnings of $1.08 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 7.4%. The firm is scheduled to report its next quarterly earnings results on Wednesday, November 7th.

On average, analysts expect that American Water Works will report full year earnings of $3.28 per share for the current fiscal year, with EPS estimates ranging from $3.22 to $3.30. For the next financial year, analysts forecast that the company will report earnings of $3.52 per share, with EPS estimates ranging from $3.45 to $3.58. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow American Water Works.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, August 1st. The utilities provider reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.02. American Water Works had a net margin of 13.94% and a return on equity of 10.32%. The company had revenue of $853.00 million for the quarter, compared to the consensus estimate of $866.02 million. During the same quarter in the previous year, the company earned $0.73 EPS. American Water Works’s quarterly revenue was up 1.1% compared to the same quarter last year.

A number of research firms recently issued reports on AWK. ValuEngine upgraded shares of American Water Works from a “hold” rating to a “buy” rating in a research report on Monday, September 17th. Evercore ISI began coverage on shares of American Water Works in a research report on Monday, September 17th. They set an “outperform” rating and a $96.00 target price on the stock. Zacks Investment Research upgraded shares of American Water Works from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Monday, July 23rd. Finally, Boenning Scattergood reiterated a “neutral” rating on shares of American Water Works in a research report on Thursday, June 28th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $90.42.

Shares of American Water Works stock traded up $0.17 during trading on Tuesday, reaching $88.60. 1,942,132 shares of the company traded hands, compared to its average volume of 678,733. The company has a quick ratio of 0.27, a current ratio of 0.28 and a debt-to-equity ratio of 1.11. American Water Works has a 1-year low of $76.04 and a 1-year high of $92.37. The company has a market capitalization of $15.99 billion, a PE ratio of 27.77, a PEG ratio of 3.48 and a beta of 0.11.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 4th. Shareholders of record on Friday, August 10th were paid a dividend of $0.455 per share. The ex-dividend date was Thursday, August 9th. This represents a $1.82 dividend on an annualized basis and a yield of 2.05%. American Water Works’s dividend payout ratio (DPR) is presently 60.07%.

In other American Water Works news, SVP Loyd A. Warnock sold 10,520 shares of the business’s stock in a transaction on Friday, August 31st. The shares were sold at an average price of $87.86, for a total transaction of $924,287.20. Following the completion of the sale, the senior vice president now owns 12,322 shares in the company, valued at approximately $1,082,610.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Walter Lynch sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $89.57, for a total transaction of $895,700.00. Following the sale, the chief operating officer now owns 112,031 shares of the company’s stock, valued at approximately $10,034,616.67. The disclosure for this sale can be found here. Insiders have sold a total of 21,634 shares of company stock valued at $1,918,888 in the last 90 days. 0.35% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the business. Synovus Financial Corp bought a new stake in American Water Works during the 1st quarter valued at $114,000. Signaturefd LLC bought a new stake in American Water Works during the 1st quarter valued at $121,000. Centaurus Financial Inc. bought a new stake in American Water Works during the 2nd quarter valued at $126,000. McKinley Carter Wealth Services Inc. bought a new stake in American Water Works during the 1st quarter valued at $148,000. Finally, Edge Wealth Management LLC bought a new stake in American Water Works during the 2nd quarter valued at $149,000. Institutional investors and hedge funds own 83.32% of the company’s stock.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states. The company operates approximately 72 surface water treatment plants; 527 groundwater treatment plants; 8 combined treatment plants; 127 wastewater treatment plants; 50,382 miles of transmission, distribution, and collection mains and pipes; 1,103 groundwater wells; 1,428 water and wastewater pumping stations; 1,313 treated water storage facilities; and 80 dams.

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Earnings History and Estimates for American Water Works (NYSE:AWK)

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