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

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WTRG Stock Forecast

Essential Utilities stock forecast is as follows: an average price target of $48.75 (represents a 25.19% upside from WTRG’s last price of $38.94) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

WTRG Price Target

The average price target for Essential Utilities (WTRG) is $48.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $43.00. This represents a potential 25.19% upside from WTRG's last price of $38.94.

WTRG Analyst Ratings

Buy

According to 6 Wall Street analysts, Essential Utilities's rating consensus is 'Buy'. The analyst rating breakdown for WTRG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Essential Utilities Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 20, 2024	Ross Fowler	Bank of America Securities	$45.00	$38.32	17.43%	15.56%
May 06, 2024	Davis Sunderland	Robert W. Baird	$43.00	$37.78	13.82%	10.43%
Apr 04, 2024	Shelby Tucker	RBC Capital	$54.00	$36.03	49.88%	38.67%
Aug 05, 2022	-	Robert W. Baird	$54.00	$51.56	4.73%	38.67%
Apr 19, 2022	-	Wells Fargo	$53.00	$48.98	8.21%	36.11%

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The latest Essential Utilities stock forecast, released on Sep 20, 2024 by Ross Fowler from Bank of America Securities, set a price target of $45.00, which represents a 17.43% increase from the stock price at the time of the forecast ($38.32), and a 15.56% increase from WTRG last price ($38.94).

Essential Utilities Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	3
Avg Price Target	-	$45.00	$47.33
Last Closing Price	$38.94	$38.94	$38.94
Upside/Downside	-100.00%	15.56%	21.55%

In the current month, the average price target of Essential Utilities stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Essential Utilities's last price of $38.94. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 07, 2024	Jefferies	-	Buy	Initialise
Jul 31, 2024	Wells Fargo	Overweight	Overweight	Hold
Apr 04, 2024	BMO Capital	Outperform	Outperform	Hold
Sep 28, 2023	Oppenheimer	-	Perform	Downgrade
Sep 28, 2023	Northcoast Research	-	Buy	Upgrade
Feb 06, 2023	UBS	-	Buy	Upgrade
Aug 18, 2022	HSBC	-	Buy	Upgrade

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Essential Utilities's last stock rating was published by Jefferies on Oct 07, 2024. The company Initialise its WTRG rating from "null" to "Buy".

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	Jun 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	$448.76M	$699.27M	$535.69M	$361.86M	$397.03M	$583.57M	$474.00M	$348.65M	$384.47M	$255.59M	$226.04M	$243.63M
Avg Forecast	$599.00M	$464.00M	$484.00M	$714.00M	$580.00M	$449.00M	$469.00M	$690.00M	$609.43M	$416.95M	$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	$641.56M	$496.96M	$518.39M	$764.73M	$621.21M	$480.90M	$502.32M	$711.74M	$615.00M	$417.79M	$442.76M	$803.28M	$717.88M	$461.97M	$502.39M	$731.38M	$606.07M	$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
Low Forecast	$556.44M	$431.03M	$449.61M	$663.27M	$538.79M	$417.10M	$435.68M	$668.26M	$603.84M	$416.10M	$442.76M	$696.71M	$699.12M	$450.77M	$435.74M	$634.35M	$525.66M	$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
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.68%	0.90%	-	1.06%	1.25%	1.12%	1.08%	1.13%	1.08%	0.99%	0.99%	0.89%	0.85%	1.01%	1.04%	0.90%	1.02%	0.97%

Essential Utilities's average Quarter revenue forecast for Mar 24 based on 1 analysts is $750.00M, with a low forecast of $696.71M, and a high forecast of $803.28M. WTRG's average Quarter revenue forecast represents a 56.44% increase compared to the company's last Quarter revenue of $479.42M (Dec 23).

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	Jun 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	1	1	1	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$262.18M	$137.41M	-	$316.26M	$254.42M	$210.54M	$218.16M	$308.29M	$225.68M	$178.91M	$210.91M	$312.17M	$208.23M	$179.56M	$196.65M	$126.02M	$136.75M	$159.51M
Avg Forecast	$299.41M	$231.93M	$241.93M	$356.89M	$289.91M	$224.43M	$234.43M	$344.89M	$304.62M	$208.41M	$221.31M	$369.82M	$354.14M	$227.53M	$234.46M	$336.20M	$242.47M	$193.74M	$206.92M	$305.64M	$246.85M	$182.54M	$198.90M	$283.79M	$277.72M	$172.40M	$184.67M	$119.39M	$110.32M	$124.54M
High Forecast	$320.68M	$248.41M	$259.11M	$382.25M	$310.51M	$240.38M	$251.08M	$355.76M	$307.41M	$208.83M	$221.31M	$443.78M	$358.83M	$230.91M	$251.12M	$403.44M	$290.97M	$193.74M	$206.92M	$366.76M	$246.85M	$182.54M	$198.90M	$340.55M	$277.72M	$172.40M	$184.67M	$143.27M	$110.32M	$124.54M
Low Forecast	$278.14M	$215.45M	$224.74M	$331.53M	$269.31M	$208.49M	$217.77M	$334.03M	$301.83M	$207.99M	$221.31M	$295.85M	$349.45M	$225.32M	$217.80M	$268.96M	$193.98M	$193.74M	$206.92M	$244.51M	$246.85M	$182.54M	$198.90M	$227.03M	$277.72M	$172.40M	$184.67M	$95.51M	$110.32M	$124.54M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.74%	0.60%	-	0.94%	1.05%	1.09%	1.05%	1.01%	0.91%	0.98%	1.06%	1.10%	0.75%	1.04%	1.06%	1.06%	1.24%	1.28%

1 analysts predict WTRG's average Quarter EBITDA for Mar 24 to be $369.82M, with a high of $443.78M and a low of $295.85M. This is 41.06% upper than Essential Utilities's previous annual EBITDA (Dec 23) of $262.18M.

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	Jun 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	1	1	1	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$135.45M	$80.08M	-	$191.43M	$114.93M	$68.64M	$82.29M	$199.38M	$116.51M	$50.50M	$80.91M	$183.69M	$102.71M	$55.73M	$74.63M	$51.78M	$64.23M	$88.49M
Avg Forecast	$200.42M	$101.58M	$93.34M	$222.38M	$177.08M	$100.21M	$94.72M	$208.65M	$182.87M	$66.23M	$86.48M	$234.72M	$136.56M	$80.08M	$93.34M	$213.39M	$125.18M	$60.95M	$83.71M	$193.99M	$118.97M	$56.98M	$68.54M	$166.99M	$123.25M	$60.29M	$62.62M	$49.06M	$81.54M	$119.40M
High Forecast	$218.93M	$110.96M	$101.97M	$242.92M	$193.43M	$109.46M	$103.46M	$227.92M	$213.82M	$69.08M	$94.47M	$281.67M	$139.34M	$93.88M	$101.97M	$256.06M	$150.21M	$60.95M	$83.71M	$232.78M	$118.97M	$56.98M	$68.54M	$200.39M	$123.25M	$60.29M	$62.62M	$58.87M	$81.54M	$119.40M
Low Forecast	$181.90M	$92.20M	$84.72M	$201.84M	$160.73M	$90.95M	$85.97M	$206.04M	$140.67M	$63.39M	$78.49M	$187.78M	$133.77M	$71.79M	$84.72M	$170.71M	$100.14M	$60.95M	$83.71M	$155.19M	$118.97M	$56.98M	$68.54M	$133.59M	$123.25M	$60.29M	$62.62M	$39.24M	$81.54M	$119.40M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	1.00%	-	0.90%	0.92%	1.13%	0.98%	1.03%	0.98%	0.89%	1.18%	1.10%	0.83%	0.92%	1.19%	1.06%	0.79%	0.74%

Essential Utilities's average Quarter net income forecast for Mar 24 is $234.72M, with a range of $187.78M to $281.67M. WTRG's average Quarter net income forecast represents a 73.30% increase compared to the company's last Quarter net income of $135.45M (Dec 23).

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	Jun 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	1	1	1	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$1.98M	$1.53M	$1.60M	$2.36M	$1.92M	$1.49M	$1.55M	$2.28M	$2.02M	$1.38M	$1.46M	$2.48M	$2.34M	$1.51M	$1.55M	$2.26M	$1.87M	$1.29M	$1.38M	$2.04M	$1.64M	$1.21M	$1.32M	$2.17M	$1.85M	$1.15M	$1.23M	$935.24K	$733.54K	$828.06K
High Forecast	$2.12M	$1.64M	$1.71M	$2.53M	$2.05M	$1.59M	$1.66M	$2.35M	$2.03M	$1.38M	$1.46M	$2.66M	$2.37M	$1.53M	$1.66M	$2.42M	$2.00M	$1.29M	$1.38M	$2.04M	$1.64M	$1.21M	$1.32M	$2.17M	$1.85M	$1.15M	$1.23M	$935.24K	$733.54K	$828.06K
Low Forecast	$1.84M	$1.43M	$1.49M	$2.19M	$1.78M	$1.38M	$1.44M	$2.21M	$2.00M	$1.38M	$1.46M	$2.30M	$2.31M	$1.49M	$1.44M	$2.10M	$1.74M	$1.29M	$1.38M	$2.04M	$1.64M	$1.21M	$1.32M	$2.17M	$1.85M	$1.15M	$1.23M	$935.24K	$733.54K	$828.06K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Essential Utilities's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to WTRG last annual SG&A of $NaN (undefined).

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	Jun 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	1	1	1	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.50	-	-	$0.72	$0.44	$0.26	$0.31	$0.76	$0.45	$0.20	$0.32	$0.72	$0.40	$0.22	$0.29	$0.22	$0.28	$0.38
Avg Forecast	$0.73	$0.37	$0.34	$0.81	$0.65	$0.36	$0.34	$0.76	$0.67	$0.24	$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	$0.80	$0.40	$0.37	$0.88	$0.70	$0.40	$0.38	$0.83	$0.78	$0.25	$0.34	$0.76	$0.51	$0.34	$0.37	$0.77	$0.45	$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
Low Forecast	$0.66	$0.34	$0.31	$0.74	$0.59	$0.33	$0.31	$0.75	$0.51	$0.23	$0.29	$0.76	$0.49	$0.26	$0.31	$0.64	$0.37	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	-	-	1.02%	1.07%	1.17%	1.01%	1.02%	1.04%	0.96%	1.28%	1.09%	0.89%	1.00%	1.27%	0.38%	0.94%	0.87%

According to 1 Wall Street analysts, Essential Utilities's projected average Quarter EPS for Mar 24 is $0.76, with a low estimate of $0.76 and a high estimate of $0.76. This represents a 52.29% increase compared to WTRG previous annual EPS of $0.50 (Dec 23).

Essential Utilities Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SJW	SJW Group	$55.00	$75.50	37.27%	Buy
WTRG	Essential Utilities	$38.94	$48.75	25.19%	Buy
AWK	American Water Works Company	$137.89	$150.11	8.86%	Buy
AWR	American States Water Company	$84.40	$89.50	6.04%	Hold
CWT	California Water Service Group	$51.08	$53.00	3.76%	Hold

WTRG Forecast FAQ

Is Essential Utilities a good buy?

Yes, according to 6 Wall Street analysts, Essential Utilities (WTRG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 100.00% of WTRG's total ratings.

What is WTRG's price target?

Essential Utilities (WTRG) average price target is $48.75 with a range of $43 to $54, implying a 25.19% from its last price of $38.94. The data is based on 6 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 25.19% (from the last price of $38.94 to the average price target of $48.75), up by 38.67% based on the highest stock price target, and up by 10.43% based on the lowest stock price target.

Can Essential Utilities stock reach $60?

WTRG's average twelve months analyst stock price target of $48.75 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 $2.32B, low $2.06B), average EBITDA is $1.09B (high $1.16B, low $1.03B), average net income is $580.66M (high $634.28M, low $543.69M), average SG&A $7.24M (high $7.66M, low $6.81M), and average EPS is $2.12 (high $2.31, low $1.98). WTRG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.26B (high $2.42B, low $2.1B), average EBITDA is $1.13B (high $1.21B, low $1.05B), average net income is $617.72M (high $674.77M, low $560.67M), average SG&A $7.48M (high $8.01M, low $6.95M), and average EPS is $2.25 (high $2.46, low $2.04).

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 -10.11%. The company's net income was $498.23M, missing the average estimation of $523.36M by -4.80%. 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 $354.14M by -25.97%. Essential Utilities's net income was $135.45M, missing the average estimation of $136.56M by -0.81%. 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%