American Water Works (AWK) Set to Announce Quarterly Earnings on Tuesday

American Water Works (NYSE:AWKGet Free Report) will announce its earnings results after the market closes on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.84 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

American Water Works Stock Performance

Shares of American Water Works stock opened at $122.20 on Monday. The firm has a market capitalization of $23.79 billion, a P/E ratio of 25.35, a P/E/G ratio of 3.05 and a beta of 0.65. American Water Works has a 52 week low of $114.25 and a 52 week high of $153.43. The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 1.18. The firm’s 50 day moving average is $129.31 and its two-hundred day moving average is $130.54.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Stockholders of record on Thursday, February 8th will be given a dividend of $0.7075 per share. The ex-dividend date is Wednesday, February 7th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 2.32%. American Water Works’s dividend payout ratio (DPR) is presently 58.71%.

Institutional Trading of American Water Works

Institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans lifted its position in American Water Works by 1.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 8,088 shares of the utilities provider’s stock worth $1,053,000 after acquiring an additional 78 shares in the last quarter. Sunbelt Securities Inc. lifted its position in American Water Works by 1.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,548 shares of the utilities provider’s stock worth $649,000 after acquiring an additional 82 shares in the last quarter. Centaurus Financial Inc. lifted its position in American Water Works by 4.9% during the 1st quarter. Centaurus Financial Inc. now owns 1,909 shares of the utilities provider’s stock worth $280,000 after acquiring an additional 89 shares in the last quarter. Prospera Financial Services Inc raised its position in shares of American Water Works by 1.6% in the 1st quarter. Prospera Financial Services Inc now owns 6,312 shares of the utilities provider’s stock valued at $925,000 after purchasing an additional 99 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of American Water Works by 1.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 8,034 shares of the utilities provider’s stock valued at $1,147,000 after purchasing an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Mizuho lifted their price objective on American Water Works from $134.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th.

Read Our Latest Stock Report on AWK

American Water Works Company Profile

(Get Free Report)

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 1,600 communities in 14 states serving approximately 3.4 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.

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Earnings History for American Water Works (NYSE:AWK)

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