# Mueller Water Products, Inc. (MWA)

> Source: Nexqual · https://nexqual.com/MWA · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Mueller Water Products, Inc. (MWA), nexqual.com/MWA" · informational, not investment advice.

**Price:** USD 22.78 (+2.94% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 22.13 · day 22.12–22.79 · 52w 20.9–31 · market cap $3.56B · NYQ

## Key facts
- Valuation: P/E 15.5x (avg 24.6x at the last 3 fiscal year-ends), EV/EBITDA 10.1x, net cash $42.4M.
- Analysts: Hold (mean 3.33 on a 1–5 scale) (6 analysts), mean target USD 27 (range 21–35).
- Total return with dividends: 1Y -12.7% vs S&P 500 +14.8%; 5Y +49.4% vs S&P 500 +79.1%.
- Next earnings: 2026-11-04, EPS estimate USD 0.38, revenue estimate $376M. All companies reporting that day: https://nexqual.com/earnings/2026-11-04
- Dividend: USD 0.32 a year (yield 1.45%), paid quarterly; next ex-dividend date 2026-11-09; annual dividends grew 4.9% a year 2022–2025.
- Short interest: 5.49% of float (as of 2026-10-15), 3.8 days to cover.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 15.5x · P/S 2.3x · EV/EBITDA 10.1x · EV/Sales 2.3x · P/FCF 19.2x · P/B 3.1x · FCF yield 5.20% · Earnings yield 6.43% · Dividend yield (paid, TTM) 1.25% · Buyback yield (TTM) 0.45% · Net cash $42.4M · EV $3.41B
P/E at fiscal year-ends: Sep 2025 21.0x, Sep 2024 29.4x, Sep 2023 23.3x.

## Analysts
Consensus Hold (mean 3.33 on a 1–5 scale), 6 analysts; mean target USD 27 (low 21, high 35).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | Oppenheimer | Target lowered | Outperform | $32 → $30 |
| 2026-10-09 | Goldman Sachs | Target lowered | Neutral | $29 → $24 |
| 2026-09-17 | RBC Capital | Downgrade | Sector Perform → Underperform | $30 → $21 |
| 2026-08-07 | RBC Capital | Target lowered | Sector Perform | $31 → $30 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -12.7% | +49.4% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | -12.8% | +8.3% |
| Volatility (annualized) | 24.7% | 31.2% |
| Max drawdown | -29.7% (Apr 2026→Sep 2026) | -39.4% (Nov 2021→Sep 2022) |

## Dividends
Annual dividend rate USD 0.32 per share, yield 1.45% at the current price. Paid over the last 12 months: USD 0.28 in 4 payments (quarterly).
Next ex-dividend date: Nov 9, 2026; payment date: Nov 19, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: raised 4.5% to USD 0.07 per payment from USD 0.067, starting with the Nov 10, 2025 ex-dividend date.
Payout ratio 20% of earnings · 5-year average yield 1.36% · annual dividends grew 4.9% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-08-10 | USD 0.07 |
| 2026-05-11 | USD 0.07 |
| 2026-02-10 | USD 0.07 |
| 2025-11-10 | USD 0.07 |
| 2025-08-12 | USD 0.067 |
| 2025-05-12 | USD 0.067 |
| 2025-02-10 | USD 0.067 |
| 2024-11-08 | USD 0.067 |
Total by calendar year: 2022 USD 0.235 · 2023 USD 0.247 · 2024 USD 0.259 · 2025 USD 0.271.

## Short interest
6,008,670 shares sold short, 5.49% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 6,033,566 shares (-0.4%). Days to cover: 3.8 (short shares ÷ average daily volume).

## Peers (Specialty Industrial Machinery)
RRX (Regal Rexnord Corporation) USD 163.62 +1.57% · GGG (Graco Inc.) USD 68.75 +2.37% · WTS (Watts Water Technologies, Inc.) USD 350.89 +2.34% · CR (Crane Company) USD 205.81 +3.72% · GNRC (Generac Holdlings Inc.) USD 203.36 +1.00% · INIO (INNIO N.V.) USD 17.52 -4.52%

## More
Full page: https://nexqual.com/MWA · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.38 | $0.40 | -4.8% | $375.5M | 5 |
| Next quarter (ends 2026-12-31) | $0.29 | $0.30 | -2.7% | $323.6M | 5 |
| Current fiscal year (ends 2026-09-30) | $1.56 | $1.48 | +6.0% | $1.47B | 5 |
| Next fiscal year (ends 2027-09-30) | $1.57 | $1.57 | +0.1% | $1.51B | 6 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.50 | $0.39 | Beat +28.2% | — |
| — | Quarter ended Mar 31, 2026 | $0.40 | $0.37 | Beat +8.1% | — |
| — | Quarter ended Dec 31, 2025 | $0.29 | $0.26 | Beat +11.5% | — |
| — | Quarter ended Sep 30, 2025 | $0.38 | $0.34 | Beat +11.8% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).