Essential Utilities (WTRG) Stock Forecast, Price Target & Predictions


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WTRG Stock Forecast


Essential Utilities (WTRG) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $42.00, with a high of $45.00 and a low of $39.00. This represents a 19.45% increase from the last price of $35.16.

$30 $33 $36 $39 $42 $45 High: $45 Avg: $42 Low: $39 Last Closed Price: $35.16

WTRG Stock Rating


Essential Utilities stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 0 6 Strong Sell Sell Hold Buy Strong Buy

WTRG Forecast vs Benchmarks


TypeNameUpside
StockEssential Utilities19.45%
SectorUtilities Stocks11.08%

Price Target Trends


1M3M12M
# Anlaysts225
Avg Price Target$40.50$40.50$44.60
Last Closing Price$35.16$35.16$35.16
Upside/Downside15.19%15.19%26.85%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25283--13
Dec, 24281--11
Nov, 24491--14
Oct, 24491--14
Sep, 24481--13
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 14, 2025Gregg OrrillUBS$42.00$33.7424.48%19.45%
Jan 07, 2025Jonathan ReederWells Fargo$39.00$35.2710.58%10.92%
Sep 20, 2024Ross FowlerBank of America Securities$45.00$38.3217.43%27.99%
May 06, 2024Davis SunderlandRobert W. Baird$43.00$37.7813.82%22.30%
Apr 04, 2024Shelby TuckerRBC Capital$54.00$36.0349.88%53.58%
Aug 05, 2022Robert W. Baird$54.00$51.564.73%53.58%
Apr 19, 2022Wells Fargo$53.00$48.988.21%50.74%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025UBSBuyBuyhold
Oct 07, 2024JefferiesBuyinitialise
Jul 31, 2024Wells FargoOverweightOverweighthold
Apr 04, 2024BMO CapitalOutperformOutperformhold
Sep 28, 2023Northcoast ResearchBuyupgrade
Feb 06, 2023UBSBuyupgrade
Aug 18, 2022HSBCBuyupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.14$1.68$1.77$1.86-----
Avg Forecast$1.57$1.67$1.77$1.86$1.95$2.11$2.23$2.39$2.53
High Forecast$1.46$1.55$1.64$1.85$1.87$2.07$2.19$2.37$2.37
Low Forecast$1.72$1.82$1.91$1.88$2.10$2.18$2.27$2.42$2.72
Surprise %-27.39%0.60%-------

Revenue Forecast

$1B $2B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.46B$1.88B$2.29B$2.05B-----
Avg Forecast$1.71B$1.84B$2.08B$2.32B$2.13B$2.33B$2.44B$2.78B$2.96B
High Forecast$1.61B$1.74B$1.95B$2.31B$2.09B$2.25B$2.42B$2.76B$2.81B
Low Forecast$1.83B$1.97B$2.21B$2.33B$2.22B$2.44B$2.45B$2.79B$3.13B
Surprise %-14.22%1.82%10.01%-11.48%-----

Net Income Forecast

$200M $310M $420M $530M $640M $750M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$284.85M$431.61M$465.24M$498.23M-----
Avg Forecast$256.10M$410.72M$483.53M$498.23M$546.01M$569.98M$595.80M$642.29M$677.10M
High Forecast$204.88M$328.58M$386.82M$398.58M$500.60M$555.36M$585.06M$635.58M$633.77M
Low Forecast$307.31M$492.86M$580.24M$597.87M$560.88M$584.59M$606.53M$648.99M$727.97M
Surprise %11.23%5.09%-3.78%------

WTRG Forecast FAQ


Is Essential Utilities stock a buy?

Essential Utilities stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 6 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Essential Utilities is a favorable investment for most analysts.

What is Essential Utilities's price target?

Essential Utilities's price target, set by 6 Wall Street analysts, averages $42 over the next 12 months. The price target range spans from $39 at the low end to $45 at the high end, suggesting a potential 19.45% change from the previous close price of $35.16.

How does Essential Utilities stock forecast compare to the average forecast of its sector, industry, and investment themes?

Essential Utilities stock forecast shows a 19.45% upside, outperforming the average forecast for the utilities stocks sector (11.08%).

What is the breakdown of analyst ratings for Essential Utilities over the past three months?

  • January 2025: 15.38% Strong Buy, 61.54% Buy, 23.08% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 18.18% Strong Buy, 72.73% Buy, 9.09% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 28.57% Strong Buy, 64.29% Buy, 7.14% Hold, 0% Sell, 0% Strong Sell.

What is Essential Utilities’s EPS forecast?

Essential Utilities's average annual EPS forecast for its fiscal year ending in December is 1.95 for 2024, a 4.84% increase from the reported $1.86 in 2023. The prediction for 2025 is $2.11, $2.23 for 2026, $2.39 for 2027, and $2.53 for 2028.

What is Essential Utilities’s revenue forecast?

Essential Utilities's average annual revenue forecast for its fiscal year ending in December is $2.13B for 2024, a 3.85% increase from the reported $2.05B in 2023. The forecast for 2025 is $2.33B, $2.44B for 2026, $2.78B for 2027, and $2.96B for 2028.

What is Essential Utilities’s net income forecast?

For its fiscal year ending in December, Essential Utilities's average annual net income forecast is $546.01M for 2024, reflecting an 9.59% increase from the reported $498.23M in 2023. The projection for 2025 is $569.98M, $595.8M for 2026, $642.29M for 2027, and $677.1M for 2028.