tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

American Water Seeks Rate Adjustment in Virginia

Story Highlights
  • Virginia American Water seeks a $21.9 million rate increase for infrastructure improvements.
  • Interim rates effective May 2026, pending final approval and potential customer refunds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Water Seeks Rate Adjustment in Virginia

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

American Water ( (AWK) ) has issued an announcement.

On November 3, 2025, Virginia American Water filed a request with the Virginia State Corporation Commission to adjust its water and wastewater rates, seeking an annual revenue increase of $21.9 million. This request is driven by over $115 million in capital investments aimed at infrastructure improvements, including updates to water treatment plants and replacement of aging pipelines, reinforcing the company’s commitment to providing high-quality service. Interim rates are expected to take effect on May 1, 2026, with the final rates subject to approval and potential refund to customers. The rate review process allows for customer involvement through comments and public hearings.

The most recent analyst rating on (AWK) stock is a Hold with a $138.00 price target. To see the full list of analyst forecasts on American Water stock, see the AWK Stock Forecast page.

Spark’s Take on AWK Stock

According to Spark, TipRanks’ AI Analyst, AWK is a Neutral.

American Water’s overall stock score is driven by stable financial performance and positive earnings call sentiment, highlighting strong earnings growth and strategic initiatives. However, technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation, which tempers the overall score.

To see Spark’s full report on AWK stock, click here.

More about American Water

American Water is the largest regulated water and wastewater utility company in the United States, providing services to over 14 million people across 14 states and 18 military installations. Virginia American Water, its subsidiary, is the largest regulated water company in Virginia, serving approximately 384,000 people with safe, clean, reliable, and affordable water and wastewater services.

Average Trading Volume: 1,391,596

Technical Sentiment Signal: Sell

Current Market Cap: $25.06B

Learn more about AWK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1