Zurn Elkay Water Solutions (ZWS) Stock Price, News & Analysis

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zurn Elkay Water Solutions in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ZWS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZWS, but not buy additional shares or sell existing shares.
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8 Wall Street research analysts have issued 12 month price targets for Zurn Elkay Water Solutions' shares. Their ZWS share price targets range from $29.00 to $40.00. On average, they predict the company's share price to reach $32.75 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
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Zurn Elkay Water Solutions' stock was trading at $29.41 at the beginning of the year. Since then, ZWS stock has increased by 7.2% and is now trading at $31.52.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
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Zurn Elkay Water Solutions will be holding an earnings conference call on Wednesday, April 24th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Zurn Elkay Water Solutions Co. (NYSE:ZWS) released its quarterly earnings data on Monday, February, 5th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.03. The company had revenue of $356.80 million for the quarter, compared to analysts' expectations of $350.55 million. Zurn Elkay Water Solutions had a trailing twelve-month return on equity of 10.75% and a net margin of 7.36%. Zurn Elkay Water Solutions's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $0.16 EPS.

Zurn Elkay Water Solutions declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Tuesday, February 20th will be given a dividend of $0.08 per share on Thursday, March 7th. This represents a $0.32 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, February 16th.
Read our dividend analysis for ZWS.

Zurn Elkay Water Solutions (NYSE:ZWS) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.02%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 49.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZWS will have a dividend payout ratio of 24.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ZWS.

ETFs with the largest weight of Zurn Elkay Water Solutions (NYSE:ZWS) stock in their portfolio include Newday Ocean Health ETF (AHOY), Global X Clean Water ETF (AQWA), First Trust Water ETF (FIW), Invesco S&P Global Water Index ETF (CGW), iShares MSCI Water Management Multisector ETF (IWTR), Invesco Water Resources ETF (PHO), Ecofin Global Water ESG Fund (EBLU) and AlphaMark Actively Managed Small Cap ETF (SMCP).

Zurn Elkay Water Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.40%), Perpetual Ltd (0.10%), Los Angeles Capital Management LLC (0.02%), LVW Advisors LLC (0.01%), AlphaMark Advisors LLC (0.01%) and Cannon Global Investment Management LLC (0.01%). Insiders that own company stock include Chirag Dua, Craig Wehr, Ice Mountain Llc, Jacques Donavon Butler, Jeffrey A Schoon, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra, Thomas Christopoul, Timothy J Jahnke and Todd A Adams.
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Shares of ZWS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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