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Sectors & IndustriesUtilitiesUtilities - Regulated Water
Best Water Stocks to Buy Now (2022)
Top water stocks in 2022 ranked by overall Zen Score. See the best water stocks to buy now, according to analyst forecasts for the utilities - regulated water industry.

Industry: Utilities - Regulated Wat...
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CWCO
CONSOLIDATED WATER CO LTD
NASDAQ
Utilities - Regulated Water
$235.18M$15.381.12%$12.11M41.57x0.10
AWK
AMERICAN WATER WORKS COMPANY INC
NYSE
Utilities - Regulated Water
$23.66B$130.16-2.28%$3.05B18.18x2.51
MSEX
MIDDLESEX WATER CO
NASDAQ
Utilities - Regulated Water
$1.36B$77.20-1.84%$73.74M34.31x1.69
PCYO
PURE CYCLE CORP
NASDAQ
Utilities - Regulated Water
$200.24M$8.35-3.47%$9.52M36.30x0.08
GWRS
GLOBAL WATER RESOURCES INC
NASDAQ
Utilities - Regulated Water
$279.96M$11.73-2.49%$20.02M53.32x9.25
WTRG
ESSENTIAL UTILITIES INC
NYSE
Utilities - Regulated Water
$10.85B$41.38-2.24%$943.50M24.20x1.82
YORW
YORK WATER CO
NASDAQ
Utilities - Regulated Water
$548.27M$38.43-0.47%$32.74M29.11x1.42
SBS
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
NYSE
Utilities - Regulated Water
$6.23B$9.117.30%$1.49B12.43x1.13
AWR
AMERICAN STATES WATER CO
NYSE
Utilities - Regulated Water
$2.88B$77.95-2.24%$173.72M34.96x1.81
CWT
CALIFORNIA WATER SERVICE GROUP
NYSE
Utilities - Regulated Water
$2.86B$52.69-2.75%$246.72M31.93x2.06
SJW
SJW GROUP
NYSE
Utilities - Regulated Water
$1.74B$57.60-1.96%$218.86M33.10x2.44
ARIS
ARIS WATER SOLUTIONS INC
NYSE
Utilities - Regulated Water
$726.91M$12.76-1.92%$78.71MN/A2.64
CDZI
CADIZ INC
NASDAQ
Utilities - Regulated Water
$96.51M$1.90-6.86%-$16.57M-2.84x1.91
ARTNA
ARTESIAN RESOURCES CORP
NASDAQ
Utilities - Regulated Water
$454.21M$48.12-0.66%$43.46M25.73x2.58
1

Water Stocks FAQ

What are the best water stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best water utility stocks to buy right now are:

1. Consolidated Water Co (NASDAQ:CWCO)


Consolidated Water Co (NASDAQ:CWCO) is the top water stock with a Zen Score of 64, which is 28 points higher than the water industry average of 36. It passed 24 out of 38 due diligence checks and has strong fundamentals. Consolidated Water Co has seen its stock return 34.91% over the past year, overperforming other water stocks by 50 percentage points.

Consolidated Water Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Consolidated Water Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. American Water Works Company (NYSE:AWK)


American Water Works Company (NYSE:AWK) is the second best water stock with a Zen Score of 40, which is 4 points higher than the water industry average of 36. It passed 14 out of 38 due diligence checks and has average fundamentals. American Water Works Company has seen its stock lose -23% over the past year, underperforming other water stocks by -8 percentage points.

American Water Works Company has an average 1 year price target of $165.33, an upside of 27.02% from American Water Works Company's current stock price of $130.16.

American Water Works Company stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering American Water Works Company, 28.57% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.

3. Middlesex Water Co (NASDAQ:MSEX)


Middlesex Water Co (NASDAQ:MSEX) is the third best water stock with a Zen Score of 37, which is 1 points higher than the water industry average of 36. It passed 13 out of 38 due diligence checks and has average fundamentals. Middlesex Water Co has seen its stock lose -24.89% over the past year, underperforming other water stocks by -10 percentage points.

Middlesex Water Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Middlesex Water Co, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the water stocks with highest dividends?

Out of 12 water stocks that have issued dividends in the past year, the 3 water stocks with the highest dividend yields are:

1. Aris Water Solutions (NYSE:ARIS)


Aris Water Solutions (NYSE:ARIS) has an annual dividend yield of 2.66%, which is the same as the water industry average of 2.21%.

2. Essential Utilities (NYSE:WTRG)


Essential Utilities (NYSE:WTRG) has an annual dividend yield of 2.64%, which is the same as the water industry average of 2.21%. Essential Utilities's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Essential Utilities's dividend has shown consistent growth over the last 10 years.

Essential Utilities's dividend payout ratio of 62.7% indicates that its dividend yield is sustainable for the long-term.

3. Global Water Resources (NASDAQ:GWRS)


Global Water Resources (NASDAQ:GWRS) has an annual dividend yield of 2.51%, which is the same as the water industry average of 2.21%. Global Water Resources's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Global Water Resources's dividend has shown consistent growth over the last 10 years.

Global Water Resources's dividend payout ratio of 133.6% indicates that its dividend yield might not be sustainable for the long-term.

Why are water stocks down?

Water stocks were down -1.78% in the last day, and down -6.81% over the last week.

We couldn't find a catalyst for why water stocks are down.

What are the most undervalued water stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued water stocks right now are:

1. Consolidated Water Co (NASDAQ:CWCO)


Consolidated Water Co (NASDAQ:CWCO) is the most undervalued water stock based on WallStreetZen's Valuation Score. Consolidated Water Co has a valuation score of 57, which is 35 points higher than the water industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Consolidated Water Co's stock has gained 34.91% in the past year. It has overperformed other stocks in the water industry by 50 percentage points.

2. Sabesp (NYSE:SBS)


Sabesp (NYSE:SBS) is the second most undervalued water stock based on WallStreetZen's Valuation Score. Sabesp has a valuation score of 43, which is 21 points higher than the water industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Sabesp's stock has gained 28.67% in the past year. It has overperformed other stocks in the water industry by 43 percentage points.

3. Pure Cycle (NASDAQ:PCYO)


Pure Cycle (NASDAQ:PCYO) is the third most undervalued water stock based on WallStreetZen's Valuation Score. Pure Cycle has a valuation score of 29, which is 7 points higher than the water industry average of 22. It passed 2 out of 7 valuation due diligence checks.

Pure Cycle's stock has dropped -37.27% in the past year. It has underperformed other stocks in the water industry by -23 percentage points.

Are water stocks a good buy now?

61.54% of water stocks rated by analysts are a strong buy right now. On average, analysts expect water stocks to rise by 26.54% over the next year.

What is the average p/e ratio of the utilities - regulated water industry?

The average P/E ratio of the utilities - regulated water industry is 21.6x.
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