York Water Co (YORW) Stock AnalysisYORWYork Water Co

The York Water Company is a provider of water and wastewater utility services. The Company's primary business is to impound, purify to meet or exceed safe drinking water standards and distribute water. The Company also owns and operates three wastewater collection systems and twelve wastewater collection and treatment systems. The Company operates within its franchised water and wastewater territory, which covers portions of 58 municipalities within four counties in south-central Pennsylvania. The Company is regulated by the Pennsylvania Public Utility Commission (PPUC) for both water and wastewater in the areas of billing, payment procedures, dispute processing, terminations, service territory, debt and equity financing and rate setting. Water service is supplied through its own distribution system. The Company obtains the bulk of its water supply for its primary system for York and Adams Counties from both the South Branch and East Branch of the Codorus Creek. It operates in the Utilities sector (WATER SUPPLY industry).

York Water Co is a good buy right now, trading at $34.12 with a strong RSI of 61.41, indicating bullish momentum. The company has a solid historical dividend yield of 3.00% and has paid dividends continuously since 1816, reflecting its stability and reliability as an investment. Additionally, a recent rate increase approved by the Pennsylvania Public Utility Commission is expected to boost annual revenue by $18.85 million, which represents a 24% increase from the previous year. However, a risk to consider is the forward P/E ratio of 25.45, which suggests that the stock may be overvalued compared to its earnings potential.

1 analysts cover YORW: 0 rate it Buy, 0 Hold and 1 Sell.