Essential

Essential Utilities' Steady Dividend Amid Growth Plans: A Mixed Valuation Picture

Essential's 15min chart triggers Bollinger Bands Narrowing, Bearish Marubozu pattern.

Essential's 15min chart triggers MACD Death Cross, Bollinger Bands Narrowing

Essential's 15-min chart sees RSI overbought, KDJ death cross formation.

Bloomberg Analyst Sees Bollinger Bands Expanding Upward, KDJ Golden Cross on Essential's Chart

Catalyst<ul> <li>Recent Bullish Engulfing and WR Oversold signals in late November and early December point to rebound momentum for WTRG.</li> <li>The company maintains strong cash reserves relative to market value.</li></ul>Risk<ul> <li>Bearish signals are obviously dominant with three negative indicators (MACD Golden Cross) versus one bullish signal.</li> <li>Market expectations tend to be pessimistic with all active analyst ratings indicating a Sell recommendation.</li> <li>Large and Extra-large fund flows show negative trends indicating potential outflows from significant investors.</li></ul>

Key Factors

Essential Utilities (WTRG) maintains a consistent dividend payout of $0.3426 per share with a forward yield of 10.5% and targets 7% to 9% growth in earnings per share and dividends.

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