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

American Water Works Company, Inc. (NYSE:AWK) declared a quarterly dividend on Wednesday, July 29th. Shareholders 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) annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, August 11th.

American Water Works has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 18 consecutive years. American Water Works has a dividend payout ratio of 58.3% indicating that 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 Price Performance

AWK stock opened at $137.99 on Thursday. The company has a market capitalization of $26.95 billion, a P/E ratio of 24.47, a PEG ratio of 2.79 and a beta of 0.61. The company has a fifty day moving average price of $129.09 and a 200-day moving average price of $130.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. American Water Works has a 52-week low of $120.57 and a 52-week high of $147.87.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations 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’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts expect that American Water Works will post 6.09 EPS for the current year.

Wall Street Analyst Weigh In

AWK has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. UBS Group increased their target price on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Wall Street Zen lowered shares of American Water Works from a “sell” rating to a “strong sell” rating in a report on Sunday. Finally, Wells Fargo & Company set a $131.00 price target on shares of American Water Works in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.