Essential Utilities (WTRG) Stock Forecast, Price Target & Predictions
WTRG Stock Forecast
Essential Utilities stock forecast is as follows: an average price target of $50.00 (represents a 27.13% upside from WTRG’s last price of $39.33) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
WTRG Price Target
WTRG Analyst Ratings
Essential Utilities Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 06, 2024 | Davis Sunderland | Robert W. Baird | $43.00 | $37.78 | 13.82% | 9.33% |
Apr 04, 2024 | Shelby Tucker | RBC Capital | $54.00 | $36.03 | 49.88% | 37.30% |
Aug 05, 2022 | - | Robert W. Baird | $54.00 | $51.56 | 4.73% | 37.30% |
Apr 19, 2022 | - | Wells Fargo | $53.00 | $48.98 | 8.21% | 34.76% |
Essential Utilities Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $48.50 |
Last Closing Price | $39.33 | $39.33 | $39.33 |
Upside/Downside | -100.00% | -100.00% | 23.32% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 31, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Apr 04, 2024 | BMO Capital | Outperform | Outperform | Hold |
Sep 28, 2023 | Northcoast Research | - | Buy | Upgrade |
Sep 28, 2023 | Oppenheimer | - | Perform | Downgrade |
Feb 06, 2023 | UBS | - | Buy | Upgrade |
Aug 18, 2022 | HSBC | - | Buy | Upgrade |
Essential Utilities Financial Forecast
Essential Utilities Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $479.42M | $411.25M | - | $726.45M | $705.38M | $434.62M | - | $699.27M | $535.69M | $361.86M | $397.03M | $583.57M | $474.00M | $348.65M | $384.47M | $255.59M | $226.04M | $243.63M |
Avg Forecast | $775.66M | $731.97M | $690.75M | $651.84M | $580.00M | $449.00M | $469.00M | $690.00M | $523.40M | $418.97M | $442.76M | $750.00M | $708.50M | $455.20M | $469.07M | $682.87M | $565.87M | $389.48M | $415.97M | $617.07M | $496.24M | $366.95M | $399.86M | $656.92M | $558.30M | $346.57M | $371.24M | $282.76M | $221.78M | $250.35M |
High Forecast | $782.03M | $737.98M | $696.41M | $657.18M | $584.76M | $452.68M | $472.85M | $695.66M | $527.69M | $420.49M | $446.39M | $756.15M | $717.88M | $461.97M | $472.91M | $688.47M | $570.51M | $392.67M | $415.97M | $621.82M | $500.05M | $369.77M | $402.93M | $661.97M | $562.59M | $349.23M | $374.10M | $284.93M | $223.48M | $252.28M |
Low Forecast | $769.30M | $725.97M | $685.08M | $646.49M | $575.24M | $445.32M | $465.15M | $684.34M | $519.11M | $417.45M | $439.13M | $743.85M | $699.12M | $450.77M | $465.22M | $677.27M | $561.23M | $386.29M | $415.97M | $609.92M | $490.48M | $362.70M | $395.22M | $649.31M | $551.82M | $342.55M | $366.94M | $279.48M | $219.21M | $247.45M |
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 0.90% | - | 1.06% | 1.25% | 1.12% | - | 1.13% | 1.08% | 0.99% | 0.99% | 0.89% | 0.85% | 1.01% | 1.04% | 0.90% | 1.02% | 0.97% |
Essential Utilities EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $262.18M | $137.41M | - | $316.26M | $254.42M | $210.54M | - | $308.29M | $225.68M | $178.91M | $210.91M | $312.17M | $208.23M | $179.56M | $196.65M | $126.02M | $136.75M | $159.51M |
Avg Forecast | $385.85M | $364.11M | $343.60M | $324.25M | $288.51M | $223.35M | $233.30M | $343.23M | $260.36M | $208.41M | $220.25M | $369.82M | $352.43M | $226.43M | $233.33M | $336.20M | $281.48M | $257.18M | $206.92M | $305.64M | $220.43M | $203.30M | $189.09M | $283.79M | $203.60M | $179.56M | $134.08M | $119.39M | $129.23M | $145.01M |
High Forecast | $389.01M | $367.10M | $346.42M | $326.91M | $290.88M | $225.18M | $235.21M | $346.05M | $262.49M | $209.17M | $222.05M | $443.78M | $357.10M | $229.80M | $235.25M | $403.44M | $283.79M | $308.61M | $206.92M | $366.76M | $264.52M | $243.96M | $226.91M | $340.55M | $244.32M | $215.48M | $160.89M | $143.27M | $155.07M | $174.01M |
Low Forecast | $382.68M | $361.13M | $340.79M | $321.59M | $286.15M | $221.52M | $231.39M | $340.42M | $258.22M | $207.66M | $218.44M | $295.85M | $347.77M | $224.23M | $231.42M | $268.96M | $279.18M | $205.74M | $206.92M | $244.51M | $176.34M | $162.64M | $151.27M | $227.03M | $162.88M | $143.65M | $107.26M | $95.51M | $103.38M | $116.01M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.61% | - | 0.94% | 0.90% | 0.82% | - | 1.01% | 1.02% | 0.88% | 1.12% | 1.10% | 1.02% | 1.00% | 1.47% | 1.06% | 1.06% | 1.10% |
Essential Utilities Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $135.45M | $80.08M | - | $191.43M | $114.93M | $68.64M | - | $199.38M | $116.51M | $50.50M | $80.91M | $183.69M | $102.71M | $55.73M | $74.63M | $51.78M | $64.23M | $88.49M |
Avg Forecast | $146.43M | $112.73M | $99.12M | $246.56M | $183.55M | $101.36M | $91.77M | $206.83M | $174.67M | $67.94M | $86.30M | $234.72M | $136.26M | $79.90M | $93.14M | $213.39M | $113.04M | $72.60M | $83.64M | $193.99M | $113.80M | $57.39M | $72.54M | $166.99M | $100.42M | $55.73M | $50.88M | $49.06M | $58.01M | $80.44M |
High Forecast | $147.99M | $113.93M | $100.17M | $249.18M | $185.50M | $102.44M | $92.75M | $209.04M | $176.53M | $68.66M | $87.22M | $281.67M | $139.04M | $93.68M | $94.14M | $256.06M | $114.25M | $87.12M | $83.64M | $232.78M | $136.56M | $68.87M | $87.05M | $200.39M | $120.51M | $66.88M | $61.06M | $58.87M | $69.61M | $96.53M |
Low Forecast | $144.87M | $111.53M | $98.06M | $243.93M | $181.59M | $100.28M | $90.80M | $204.63M | $172.80M | $64.99M | $85.37M | $187.78M | $133.48M | $71.64M | $92.15M | $170.71M | $111.84M | $58.08M | $83.64M | $155.19M | $91.04M | $45.91M | $58.03M | $133.59M | $80.34M | $44.59M | $40.71M | $39.24M | $46.41M | $64.36M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | - | 0.90% | 1.02% | 0.95% | - | 1.03% | 1.02% | 0.88% | 1.12% | 1.10% | 1.02% | 1.00% | 1.47% | 1.06% | 1.11% | 1.10% |
Essential Utilities SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $2.57M | $2.42M | $2.28M | $2.16M | $1.92M | $1.49M | $1.55M | $2.28M | $1.73M | $1.39M | $1.46M | $2.48M | $2.34M | $1.51M | $1.55M | $2.26M | $1.87M | $1.29M | $1.38M | $1.81M | $1.46M | $1.08M | $1.18M | $1.93M | $1.64M | $1.02M | $1.09M | $831.08K | $651.85K | $735.83K |
High Forecast | $2.59M | $2.44M | $2.30M | $2.17M | $1.93M | $1.50M | $1.56M | $2.30M | $1.75M | $1.39M | $1.48M | $2.50M | $2.37M | $1.53M | $1.56M | $2.28M | $1.89M | $1.30M | $1.38M | $1.83M | $1.47M | $1.09M | $1.18M | $1.95M | $1.65M | $1.03M | $1.10M | $837.47K | $656.86K | $741.49K |
Low Forecast | $2.54M | $2.40M | $2.27M | $2.14M | $1.90M | $1.47M | $1.54M | $2.26M | $1.72M | $1.38M | $1.45M | $2.46M | $2.31M | $1.49M | $1.54M | $2.24M | $1.86M | $1.28M | $1.38M | $1.79M | $1.44M | $1.07M | $1.16M | $1.91M | $1.62M | $1.01M | $1.08M | $821.44K | $644.28K | $727.30K |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Essential Utilities EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.50 | - | - | $0.72 | $0.44 | $0.26 | - | $0.76 | $0.45 | $0.20 | $0.32 | $0.72 | $0.40 | $0.22 | $0.29 | $0.22 | $0.28 | $0.38 |
Avg Forecast | $0.53 | $0.41 | $0.36 | $0.90 | $0.67 | $0.37 | $0.34 | $0.76 | $0.64 | $0.25 | $0.32 | $0.76 | $0.50 | $0.29 | $0.34 | $0.71 | $0.41 | $0.22 | $0.31 | $0.74 | $0.43 | $0.21 | $0.25 | $0.66 | $0.45 | $0.22 | $0.23 | $0.58 | $0.30 | $0.44 |
High Forecast | $0.54 | $0.42 | $0.37 | $0.91 | $0.68 | $0.37 | $0.34 | $0.76 | $0.64 | $0.25 | $0.32 | $0.77 | $0.51 | $0.34 | $0.34 | $0.71 | $0.42 | $0.22 | $0.31 | $0.75 | $0.44 | $0.21 | $0.25 | $0.67 | $0.45 | $0.22 | $0.23 | $0.59 | $0.30 | $0.44 |
Low Forecast | $0.53 | $0.41 | $0.36 | $0.89 | $0.66 | $0.37 | $0.33 | $0.75 | $0.63 | $0.24 | $0.31 | $0.75 | $0.49 | $0.26 | $0.34 | $0.70 | $0.41 | $0.22 | $0.31 | $0.73 | $0.43 | $0.20 | $0.25 | $0.65 | $0.44 | $0.22 | $0.23 | $0.57 | $0.29 | $0.43 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | - | 1.02% | 1.07% | 1.17% | - | 1.02% | 1.04% | 0.96% | 1.28% | 1.09% | 0.89% | 1.00% | 1.27% | 0.38% | 0.94% | 0.87% |
Essential Utilities Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
SJW | SJW Group | $59.64 | $79.00 | 32.46% | Buy |
WTRG | Essential Utilities | $39.33 | $50.00 | 27.13% | Buy |
AWR | American States Water Company | $83.12 | $89.50 | 7.68% | Hold |
AWK | American Water Works Company | $148.13 | $154.57 | 4.35% | Hold |
CWT | California Water Service Group | $54.98 | $53.00 | -3.60% | Hold |
WTRG Forecast FAQ
Is Essential Utilities a good buy?
Yes, according to 5 Wall Street analysts, Essential Utilities (WTRG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of WTRG's total ratings.
What is WTRG's price target?
Essential Utilities (WTRG) average price target is $50 with a range of $43 to $54, implying a 27.13% from its last price of $39.33. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Essential Utilities stock go up soon?
According to Wall Street analysts' prediction for WTRG stock, the company can go up by 27.13% (from the last price of $39.33 to the average price target of $50), up by 37.30% based on the highest stock price target, and up by 9.33% based on the lowest stock price target.
Can Essential Utilities stock reach $60?
WTRG's average twelve months analyst stock price target of $50 does not support the claim that Essential Utilities can reach $60 in the near future.
What are Essential Utilities's analysts' financial forecasts?
Essential Utilities's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.19B (high $2.21B, low $2.17B), average EBITDA is $1.09B (high $1.1B, low $1.08B), average net income is $583.52M (high $589.74M, low $577.3M), average SG&A $7.24M (high $7.3M, low $7.18M), and average EPS is $2.13 (high $2.15, low $2.11). WTRG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.85B (high $2.87B, low $2.83B), average EBITDA is $1.42B (high $1.43B, low $1.41B), average net income is $604.83M (high $611.28M, low $598.38M), average SG&A $9.43M (high $9.5M, low $9.35M), and average EPS is $2.21 (high $2.23, low $2.18).
Did the WTRG's actual financial results beat the analysts' financial forecasts?
Based on Essential Utilities's last annual report (Dec 2023), the company's revenue was $2.05B, which missed the average analysts forecast of $2.32B by -11.31%. Apple's EBITDA was $1.04B, missing the average prediction of $1.15B by -9.81%. The company's net income was $498.23M, missing the average estimation of $522.7M by -4.68%. Apple's SG&A was $0, missing the average forecast of $7.66M by -100.00%. Lastly, the company's EPS was $1.86, beating the average prediction of $1.84 by 1.32%. In terms of the last quarterly report (Dec 2023), Essential Utilities's revenue was $479.42M, missing the average analysts' forecast of $708.5M by -32.33%. The company's EBITDA was $262.18M, missing the average prediction of $352.43M by -25.61%. Essential Utilities's net income was $135.45M, missing the average estimation of $136.26M by -0.60%. The company's SG&A was $0, missing the average forecast of $2.34M by -100.00%. Lastly, the company's EPS was $0.5, beating the average prediction of $0.497 by 0.52%