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NYSE: WTRG
Essential Utilities Inc Stock Forecast, Predictions & Price Target

Analyst price target for WTRG

Based on 6 analysts offering 12 month price targets for Essential Utilities Inc.
Min Forecast
$51.00+8.37%
Avg Forecast
$53.33+13.33%
Max Forecast
$57.00+21.12%

Should I buy or sell WTRG stock?

Based on 6 analysts offering ratings for Essential Utilities Inc.
Strong Buy
Strong Buy
3 analysts 50%
Buy
2 analysts 33.33%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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WTRG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
UBS
Top 22%
79
HoldMaintains$52.00+10.50%2022-11-29
Bank of America
HoldDowngrades$52.00+10.50%2022-09-09
HSBC
Top 36%
65
Strong BuyUpgrades$57.00+21.12%2022-08-18
Baird
Top 17%
84
BuyMaintains$54.00+14.75%2022-08-05
Barclays
Top 15%
86
Strong BuyMaintains$51.00+8.37%2022-07-18
Wells Fargo
Top 31%
70
Strong BuyMaintains$53.00+12.62%2022-04-19
Anonymous
Barclays
Strong BuyMaintains$52.00+10.50%2022-03-15
Evercore ISI Group
Top 29%
72
BuyUpgrades$53.00+12.62%2022-03-10

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Forecast return on equity

Is WTRG forecast to generate an efficient return?
Company
10.01%
Industry
12.25%
Market
49.33%
WTRG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WTRG forecast to generate an efficient return on assets?
Company
3.5%
Industry
3.71%
WTRG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WTRG earnings per share forecast

What is WTRG's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$1.90+7.34%
Avg 2 year Forecast
$2.04+15.25%
WTRG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WTRG revenue forecast

What is WTRG's revenue in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$2.2B+1.97%
WTRG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WTRG earnings growth forecast

How is WTRG forecast to perform vs Utilities - Regulated Water companies and vs the US market?
Company
7.34%
Industry
-11.23%
Market
85.43%
WTRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WTRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WTRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WTRG revenue growth forecast

How is WTRG forecast to perform vs Utilities - Regulated Water companies and vs the US market?
Company
1.97%
Industry
4.12%
Market
71.53%
WTRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WTRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WTRG vs Water Stocks

TickerPricePrice TargetUp/downsideConsensus
WTRG$47.06$53.33+13.33%Strong Buy
SBS$10.50N/AN/AStrong Buy
AWR$95.19$87.33-8.25%Strong Sell
CWT$61.92$64.00+3.36%Sell
SJW$77.09$76.75-0.44%Buy

Essential Utilities Stock Forecast FAQ

Is Essential Utilities Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: WTRG) stock is to Strong Buy WTRG stock.

Out of 6 analysts, 3 (50%) are recommending WTRG as a Strong Buy, 2 (33.33%) are recommending WTRG as a Buy, 1 (16.67%) are recommending WTRG as a Hold, 0 (0%) are recommending WTRG as a Sell, and 0 (0%) are recommending WTRG as a Strong Sell.

If you're new to stock investing, here's how to buy Essential Utilities stock.

What is WTRG's earnings growth forecast for 2023-2024?

(NYSE: WTRG) Essential Utilities's forecast annual earnings growth rate of 7.34% is forecast to beat the US Utilities - Regulated Water industry's average forecast earnings growth rate of -11.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.43%.

Essential Utilities's earnings in 2023 is $466,811,000.On average, 4 Wall Street analysts forecast WTRG's earnings for 2023 to be $498,352,628, with the lowest WTRG earnings forecast at $493,106,811, and the highest WTRG earnings forecast at $500,975,537.

In 2024, WTRG is forecast to generate $535,073,348 in earnings, with the lowest earnings forecast at $535,073,348 and the highest earnings forecast at $535,073,348.

What is WTRG's revenue growth forecast for 2023-2023?

(NYSE: WTRG) Essential Utilities's forecast annual revenue growth rate of 1.97% is not forecast to beat the US Utilities - Regulated Water industry's average forecast revenue growth rate of 4.12%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.53%.

Essential Utilities's revenue in 2023 is $2,118,336,000.

In 2023, WTRG is forecast to generate $566,548,251,120 in revenue, with the lowest revenue forecast at $566,548,251,120 and the highest revenue forecast at $566,548,251,120.

What is WTRG's forecast return on assets (ROA) for 2023-2024?

(NYSE: WTRG) forecast ROA is 3.5%, which is lower than the forecast US Utilities - Regulated Water industry average of 3.71%.

What is WTRG's Price Target?

According to 6 Wall Street analysts that have issued a 1 year WTRG price target, the average WTRG price target is $53.33, with the highest WTRG stock price forecast at $57.00 and the lowest WTRG stock price forecast at $51.00.

On average, Wall Street analysts predict that Essential Utilities's share price could reach $53.33 by Nov 29, 2023. The average Essential Utilities stock price prediction forecasts a potential upside of 13.33% from the current WTRG share price of $47.06.

What is WTRG's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: WTRG) Essential Utilities's current Earnings Per Share (EPS) is $1.77. On average, analysts forecast that WTRG's EPS will be $1.90 for 2023, with the lowest EPS forecast at $1.88, and the highest EPS forecast at $1.91. In 2024, WTRG's EPS is forecast to hit $2.04 (min: $2.04, max: $2.04).

What is WTRG's forecast return on equity (ROE) for 2023-2024?

(NYSE: WTRG) forecast ROE is 10.01%, which is considered weak.
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