American Water Works (NYSE:AWK) Posts Quarterly Earnings Results, Beats Estimates By $0.09 EPS

American Water Works (NYSE:AWK - Get Free Report) released its quarterly earnings data on Wednesday. The utilities provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.09, Zacks reports. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.33%. American Water Works updated its FY 2025 guidance to 5.650-5.750 EPS.

American Water Works Stock Up 3.1 %

AWK stock traded up $3.96 during trading on Friday, reaching $132.63. The stock had a trading volume of 2,116,785 shares, compared to its average volume of 1,274,988. American Water Works has a one year low of $113.34 and a one year high of $150.68. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21. The company's 50 day moving average is $124.87 and its two-hundred day moving average is $134.83. The company has a market capitalization of $25.85 billion, a price-to-earnings ratio of 24.61, a P/E/G ratio of 2.70 and a beta of 0.72.

American Water Works Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be given a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Friday, February 7th. American Water Works's payout ratio is currently 56.77%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AWK shares. JPMorgan Chase & Co. decreased their price target on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. Wells Fargo & Company increased their price objective on shares of American Water Works from $129.00 to $133.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, UBS Group raised American Water Works from a "neutral" rating to a "buy" rating and boosted their target price for the company from $151.00 to $155.00 in a research report on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $140.57.

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.