American Water Works (AWK) Projected to Post Quarterly Earnings on Wednesday

American Water Works (NYSE:AWK - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $1.11 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

American Water Works Price Performance

Shares of NYSE:AWK traded down $1.11 during midday trading on Friday, reaching $125.76. 1,698,820 shares of the company's stock were exchanged, compared to its average volume of 1,132,356. The company's 50 day simple moving average is $125.14 and its two-hundred day simple moving average is $135.31. The firm has a market capitalization of $24.51 billion, a PE ratio of 24.90, a price-to-earnings-growth ratio of 2.62 and a beta of 0.72. American Water Works has a 12 month low of $113.34 and a 12 month high of $150.68. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58.

American Water Works Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be issued a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Friday, February 7th. American Water Works's payout ratio is 60.59%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AWK shares. UBS Group raised shares of American Water Works from a "neutral" rating to a "buy" rating and lifted their price target for the company from $151.00 to $155.00 in a report on Tuesday, November 19th. JPMorgan Chase & Co. lowered their price objective on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. Finally, Wells Fargo & Company upgraded shares of American Water Works from an "underweight" rating to an "equal weight" rating and lowered their price target for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $139.38.

About American Water Works

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.