Is American Water Works overvalued?

Is American Water Works overvalued?

Because American Water Works Co is relatively overvalued, the long-term return of its stock is likely to be lower than its business growth, which averaged 3.4% over the past three years and is estimated to grow 5.23% annually over the next three to five years.

Is awk a buy or sell?

(AWK) – Zacks….(Delayed Data from NYSE)

Zacks Rank Definition Annualized Return
1 Strong Buy 25.60%
2 Buy 19.21%
3 Hold 10.85%
4 Sell 6.62%

How big is American Water?

The U.S. water pipe network stretches across 700,000 miles and is more than three times the length of the National Highway System. American Water maintains 48,000 miles of pipe in our systems.

What sector is American Water Works in?

American Water Works

Type Public
Traded as NYSE: AWK DJUA component S&P 500 Component
Industry Utilities Water and wastewater
Founded 1886
Founder James S. Kuhn, W.S. Kuhn

How does American Water Works make money?

Market-Based Business Data source: Securities and Exchange Commission filings. The water utility generated nearly 88% of its revenue and 94% of its net income in the first half of 2017 from regulated business, which accounted for 89% of total assets.

Does American Water Works pay dividends?

American Water Works pays an annual dividend of $2.41 per share, with a dividend yield of 1.37%. American Water Works pays out 61.79% of its earnings out as a dividend.

What is the largest water company in the US?

American Water Works
American Water Works (AWK) American Water Works is by far the largest publicly-listed water company in the US. It provides drinking water, wastewater and other related services to more than 14 million people in 46 states, making it one of the most geographically diverse suppliers in the country.

Is American Water a private company?

American Water Works Company, Inc., known as American Water, is a publicly traded (NYSE: AWK) water utilities and sewage treatment company headquartered in Voorhees, New Jersey.

Do water companies make money?

The utility business is not like most other businesses. That’s right, utilities do not earn profits on the products they sell—gas, water, and power are provided “at cost” to consumers—but rather from the investment in the assets (the pipes, substations, transmission lines, etc.) that are used to provide the service.

Is water a good investment?

As noted by the financial experts at Money Morning, “Since water is such a sought-after commodity, investing in water stocks is a way to diversify your portfolio, potentially leading to life-changing wealth.” These factors make water stocks a solid investment in 2021.

Is water a good long term investment?

Investing in water could be a good long-term bet for those concerned about its sustainability. It is also a good option for environmentally focused investors. The Invesco Water Resources ETF (PHO) holds companies that create products designed to conserve and purify water.

Who owns CanO water?

Josh White – Co-Founder & Marketing Director – CanO Water® | LinkedIn.

What is the dividend for Nee?

NEE Dividend History

06/01/2020 CASH $1.40
02/27/2020 CASH $1.40
11/27/2019 CASH $1.25
08/28/2019 CASH $1.25

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