Mueller Water Products (MWA) to Release Quarterly Earnings on Thursday

Mueller Water Products (NYSE:MWA) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $292.25 million for the quarter. Mueller Water Products has set its FY 2025 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.

Mueller Water Products (NYSE:MWA) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. Mueller Water Products had a return on equity of 21.18% and a net margin of 10.05%. During the same quarter last year, the firm earned $0.13 earnings per share. On average, analysts expect Mueller Water Products to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mueller Water Products Stock Performance

NYSE MWA opened at $26.82 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.83 and a quick ratio of 2.16. Mueller Water Products has a 1-year low of $14.81 and a 1-year high of $28.25. The business has a 50 day simple moving average of $23.57 and a two-hundred day simple moving average of $22.47. The stock has a market capitalization of $4.20 billion, a PE ratio of 31.18, a P/E/G ratio of 1.56 and a beta of 1.38.

Mueller Water Products Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be issued a $0.067 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Monday, February 10th. Mueller Water Products’s dividend payout ratio (DPR) is presently 31.40%.

Analyst Ratings Changes

MWA has been the subject of several research reports. Royal Bank of Canada increased their price objective on shares of Mueller Water Products from $25.00 to $29.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $27.00 price target (up previously from $26.00) on shares of Mueller Water Products in a report on Friday, November 8th. The Goldman Sachs Group boosted their price objective on Mueller Water Products from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Finally, StockNews.com lowered Mueller Water Products from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.80.

Insider Activity at Mueller Water Products

In other news, CAO Suzanne G. Smith sold 26,138 shares of Mueller Water Products stock in a transaction on Monday, December 9th. The stock was sold at an average price of $24.99, for a total transaction of $653,188.62. Following the completion of the sale, the chief accounting officer now directly owns 9,378 shares in the company, valued at approximately $234,356.22. This trade represents a 73.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lydia W. Thomas sold 10,791 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $24.40, for a total transaction of $263,300.40. Following the completion of the transaction, the director now owns 136,405 shares in the company, valued at approximately $3,328,282. The trade was a 7.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 98,433 shares of company stock worth $2,494,144. Insiders own 1.10% of the company’s stock.

Mueller Water Products Company Profile

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.