Essential Utilities Inc
WTRG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$66.00 | Cvjhhsf | Hdjyrrqlq |
Essential Utilities Adding to Its Growth Pipeline; Raises Dividend 7%
We are reaffirming our $41 fair value estimate for Essential Utilities after the company reported earnings per share of $0.31 in the second quarter, mostly flat from the second quarter of 2021. We are reaffirming our narrow moat and stable moat trend ratings.