|Bid||149.83 x 800|
|Ask||155.72 x 1000|
|Day's range||154.06 - 157.66|
|52-week range||129.45 - 189.65|
|Beta (5Y monthly)||0.43|
|PE ratio (TTM)||21.70|
|Forward dividend & yield||2.62 (1.68%)|
|Ex-dividend date||08 Aug 2022|
|1y target est||N/A|
Essential Utilities (WTRG) continues to benefit from the stable performance of its regulated water and natural gas segment. The company is on course to make a $3-billion investment through 2024.
Arriving amid a sea of weak Q2 earnings reports, the water utility giant's better-than-expected earnings were likely even more appreciated than usual by investors.
American Water Works (AWK) reiterated its long-term earnings growth rate in the range of 7-9% and will continue to expand operation through acquisition and organic initiatives.