Jefferies initiated coverage on Essential Utilities with a new price target
$WTRG
Water Supply
Utilities
Jefferies initiated coverage of Essential Utilities with a rating of Buy and set a new price target of $44.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $44.00 | Buy | Jefferies |
| 9/20/2024 | $45.00 | Buy | BofA Securities |
| 11/3/2023 | Hold → Buy | Edward Jones | |
| 9/28/2023 | $42.00 | Neutral → Buy | Northcoast |
| 5/18/2023 | Buy → Neutral | Northcoast | |
| 2/6/2023 | $54.00 → $55.00 | Neutral → Buy | UBS |
| 9/9/2022 | $52.00 | Buy → Neutral | BofA Securities |
| 8/18/2022 | $53.00 → $57.00 | Hold → Buy | HSBC Securities |
The board of directors of Essential Utilities Inc. (NYSE:WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable December 2, 2024, to all shareholders of record on November 12, 2024. The December 2024 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the December 2023 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years. About Essential Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sust
Vision RNG, in collaboration with Laurel Ridge Landfill, L.L.C., a subsidiary of Waste Connections, Inc., and Delta Gas, proudly announces the start of commercial operations at its new Renewable Natural Gas (RNG) facility located at the Laurel Ridge Landfill in Lily, Kentucky. The innovative new plant converts landfill gas into RNG, which is then injected into Delta Gas's pipeline network, offering a sustainable alternative to fossil-derived natural gas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241029715229/en/Laurel Ridge Landfill in Lily, Kentucky with Vision RNG facility. The innovative new plant converts landfill gas in
GREENWICH, Conn., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, a leader in value-oriented and research-driven investment management, is excited to announce its second annual PFAS Symposium, scheduled for Thursday, September 26, 2024, at The Harvard Club in New York City. This event will bring together leading experts, policymakers, and industry executives to explore the critical issues surrounding PFAS (Per- and Polyfluoroalkyl Substances), their uses, replacements, and remediation efforts in water treatment and other categories. The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensi
The board of directors of Essential Utilities Inc. (NYSE:WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable December 2, 2024, to all shareholders of record on November 12, 2024. The December 2024 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the December 2023 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years. About Essential Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sust
Essential Utilities Inc. (NYSE:WTRG) expects to report earnings for the quarter ending September 30, 2024, following market close on November 4, 2024. The company's conference call with financial analysts will take place on Tuesday, November 5, 2024, at 11 a.m. Eastern Standard Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. The conference call will be archived in the Investor Relations section of the company's website following the call. Additionally, the call will be recorded and made available for replay at 2 p.m. on November 5, 2024, for seven days following the c
Earnings per share of $0.28 for Q2 2024, due to weather impacts Company increases quarterly dividend rate by 6.0% Essential Utilities Inc. (NYSE:WTRG) today reported results for the second quarter ended June 30, 2024. Essential's net income of $75.4 million or $0.28 per share for the second quarter of 2024. "We continue to deliver long-term value to our customers, communities, shareholders, and employees, and we are pleased with the execution of our infrastructure investment plan and with the progress made in our strategic regulatory priorities in the first half of 2024," said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin. "However, in 2024, for the sec
4 - Essential Utilities, Inc. (0000078128) (Issuer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
Jefferies initiated coverage of Essential Utilities with a rating of Buy and set a new price target of $44.00
BofA Securities resumed coverage of Essential Utilities with a rating of Buy and set a new price target of $45.00
Edward Jones upgraded Essential Utilities from Hold to Buy
Company welcomes new tax vice president and investor relations director Essential Utilities Inc. (NYSE:WTRG) announces the appointment of two seasoned professionals to the company's finance team: Angela Jiang joins the company as vice president, tax, and Hayley Diminick will assume the role of director of investor relations. "We are excited to welcome Angela and Hayley to the Essential team," said Essential Chairman and CEO Christopher H. Franklin. "Their proven track records in tax and investor relations, respectively, will be instrumental as we continue to grow and address the nation's water and natural gas infrastructure challenges." In her new role, Jiang will oversee Essential's
Chesko brings decades of industry experience to Aqua Essential Utilities Inc. (NYSE:WTRG) announced today Natalie Chesko has been named the new President of Aqua New Jersey. Chesko will oversee Aqua's water and wastewater operations in New Jersey. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418338924/en/Essential Utilities Announces Appointment of Natalie Chesko to President of Aqua New Jersey. (Photo: Business Wire) "I couldn't be more elated to welcome Natalie to the Aqua family, and I'm excited to see how her passion and expertise will further Aqua's mission," said Aqua President Colleen Arnold. "Her years of experien
20-year industry veteran prioritizes safety, compliance and customer experience in new role Essential Utilities today announced Ron King as Vice President of its Peoples gas operations, expanding the company's commitment to provide clean, safe, reliable natural gas in Southwest Pennsylvania and Kentucky. He will oversee all operations and maintenance, including gas measurement and regulation, compressor operations, field customer service, and dispatch operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230608005310/en/Ron King has been appointed to Vice President, Gas Operations for Essential Utilities Inc. (Photo: Busi
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4/A - Essential Utilities, Inc. (0000078128) (Issuer)
4 - Essential Utilities, Inc. (0000078128) (Issuer)
Essential Utilities's (NYSE:WTRG) short percent of float has risen 13.13% since its last report. The company recently reported that it has 7.29 million shares sold short, which is 3.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.57 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short in
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector. Essential Utilities, Inc. (NYSE:WTRG) Dividend Yield: 3.12% Baird analyst Ben Kallo maintained an Outperform rating and cut the pr
Baird analyst Ben Kallo maintains Essential Utilities (NYSE:WTRG) with a Outperform and lowers the price target from $44 to $43.
SC 13G/A - Essential Utilities, Inc. (0000078128) (Subject)
SC 13G/A - Essential Utilities, Inc. (0000078128) (Subject)
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