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

Mueller Water Products (NYSE:MWA) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Mueller Water Products to post 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 that wish to register for the company’s conference call can do so using this link.

Mueller Water Products (NYSE:MWA) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.06. Mueller Water Products had a return on equity of 19.38% and a net margin of 8.82%. During the same quarter last year, the business 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

Shares of NYSE MWA opened at $26.92 on Thursday. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.33 and a quick ratio of 2.16. Mueller Water Products has a one year low of $13.49 and a one year high of $27.35. The business’s 50-day moving average price is $23.45 and its two-hundred day moving average price is $22.31. The company has a market capitalization of $4.21 billion, a P/E ratio of 36.88, a price-to-earnings-growth ratio of 1.31 and a beta of 1.38.

Mueller Water Products Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be given a $0.067 dividend. This represents a $0.27 annualized dividend and a yield of 1.00%. The ex-dividend date is Monday, February 10th. Mueller Water Products’s dividend payout ratio is 30.23%.

Analyst Upgrades and Downgrades

MWA has been the topic of several recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $27.00 price target (up from $26.00) on shares of Mueller Water Products in a research report on Friday, November 8th. StockNews.com cut shares of 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 assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $22.20.

Insiders Place Their Bets

In related news, Director Lydia W. Thomas sold 10,791 shares of the stock in a transaction on Monday, November 18th. The shares were 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. This represents a 7.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Suzanne G. Smith sold 26,138 shares of Mueller Water Products stock in a transaction on Monday, December 9th. The shares were 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 owns 9,378 shares in the company, valued at $234,356.22. The trade was a 73.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 98,433 shares of company stock worth $2,494,144 over the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

About Mueller Water Products

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.