Shares of the electric and gas utility were pounded in the broader market correction, but the long-term potential remains intact.
News & Analysis: Essential Utilities, Inc.
WTRG earnings call for the period ending December 31, 2019.
Recession or not, these two utilities will keep delivering the electricity, natural gas, and water that make modern life possible.
Looking for dividend stocks? These mainly electric, gas, and water utility stocks are yielding 1.6% to 5.1%.
These two businesses generate strong cash flow, pay dividends, and have a strong track record of beating the S&P 500.
Here's how the 10 largest water utility stocks stack up.
WTR earnings call for the period ending September 30, 2019.
WTR earnings call for the period ending June 30, 2019.
Investors look to these companies for safety in a storm, but the prices today suggest you might want to think twice before jumping aboard.
The water utility announced a solid Q1 performance and reiterated full-year guidance, but the real excitement lies in the pending merger with Peoples.