American Water Works Company, Inc. (NYSE:AWK) to Issue $0.90 Quarterly Dividend

American Water Works Company, Inc. (NYSE:AWK) announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Tuesday, August 11th will be paid a dividend of 0.895 per share by the utilities provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th.

American Water Works has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 18 years. American Water Works has a dividend payout ratio of 58.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect American Water Works to earn $6.59 per share next year, which means the company should continue to be able to cover its $3.58 annual dividend with an expected future payout ratio of 54.3%.

American Water Works Trading Down 0.0%

Shares of AWK traded down $0.05 during trading hours on Wednesday, reaching $137.99. 3,034,857 shares of the company traded hands, compared to its average volume of 1,978,866. American Water Works has a 12 month low of $120.57 and a 12 month high of $147.87. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. The company’s fifty day moving average price is $128.78 and its two-hundred day moving average price is $130.89. The company has a market capitalization of $26.95 billion, a price-to-earnings ratio of 24.47, a price-to-earnings-growth ratio of 2.72 and a beta of 0.61.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a net margin of 21.17% and a return on equity of 10.20%. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts predict that American Water Works will post 6.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price target on American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Truist Financial reduced their price target on American Water Works from $137.00 to $130.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. UBS Group increased their price objective on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, Barclays raised their price objective on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, American Water Works presently has an average rating of “Hold” and a consensus target price of $140.60.

American Water Works Company Profile

American Water Works Company, Inc (NYSE: AWK) is a publicly traded utility company that provides water and wastewater services in the United States. Its core business is the operation, management and maintenance of regulated water and wastewater systems that deliver potable water, collect and treat wastewater, and provide related customer services to residential, commercial and industrial customers as well as municipalities. The company’s operations include water treatment and distribution, wastewater collection and treatment, meter reading and billing, emergency repairs, and long-term infrastructure planning and capital project execution.

In addition to its regulated utility operations, American Water offers complementary nonregulated services and solutions that support system reliability and customer needs.