American Water Works Company, Inc. (NYSE:AWK) Announces $0.83 Quarterly Dividend

American Water Works Company, Inc. (NYSE:AWK) declared a quarterly dividend on Friday, December 5th. Shareholders of record on Tuesday, February 10th will be given a dividend of 0.8275 per share by the utilities provider on Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, February 10th.

American Water Works has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 18 years. American Water Works has a dividend payout ratio of 53.9% meaning its dividend is sufficiently covered by earnings. Analysts expect American Water Works to earn $6.13 per share next year, which means the company should continue to be able to cover its $3.31 annual dividend with an expected future payout ratio of 54.0%.

American Water Works Price Performance

NYSE AWK opened at $129.51 on Friday. The company has a 50-day moving average price of $134.57 and a two-hundred day moving average price of $138.99. American Water Works has a 52 week low of $118.74 and a 52 week high of $155.50. The stock has a market cap of $25.27 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 3.32 and a beta of 0.76. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.04. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted $1.80 earnings per share. The business’s revenue was up 9.7% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. Analysts forecast that American Water Works will post 5.71 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on AWK. Argus increased their price target on American Water Works from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. TD Cowen started coverage on shares of American Water Works in a research report on Thursday, October 16th. They issued a “hold” rating and a $155.00 target price for the company. Mizuho set a $145.00 price target on shares of American Water Works in a research report on Tuesday, October 28th. Wells Fargo & Company began coverage on shares of American Water Works in a research note on Monday, October 27th. They issued an “equal weight” rating and a $142.00 price target for the company. Finally, UBS Group lowered their price objective on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, American Water Works has an average rating of “Hold” and an average price target of $143.00.

American Water Works Company Profile

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.