Seaport Res Ptn Has Strong Estimate for AWR FY2025 Earnings

American States Water (NYSE:AWR) – Equities researchers at Seaport Res Ptn boosted their FY2025 earnings per share (EPS) estimates for American States Water in a research report issued to clients and investors on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $3.39 for the year, up from their previous forecast of $3.31. The consensus estimate for American States Water’s current full-year earnings is $3.02 per share.

A number of other equities research analysts also recently issued reports on the stock. Bank of America assumed coverage on shares of American States Water in a research report on Wednesday, December 11th. They issued a “neutral” rating and a $85.00 target price for the company. Wells Fargo & Company downgraded shares of American States Water from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $84.00 to $77.00 in a research note on Tuesday. Finally, StockNews.com cut American States Water from a “hold” rating to a “sell” rating in a research report on Wednesday, November 27th.

American States Water Stock Performance

AWR stock opened at $73.09 on Tuesday. The firm has a 50 day simple moving average of $82.15 and a 200 day simple moving average of $81.32. American States Water has a 52 week low of $66.03 and a 52 week high of $87.50. The stock has a market cap of $2.74 billion, a P/E ratio of 24.61, a P/E/G ratio of 6.77 and a beta of 0.53. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.64 and a current ratio of 0.69.

American States Water (NYSE:AWR) last announced its quarterly earnings data on Wednesday, November 6th. The utilities provider reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.03). The business had revenue of $161.78 million for the quarter, compared to analyst estimates of $161.00 million. American States Water had a return on equity of 13.53% and a net margin of 19.26%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.85 earnings per share.

Institutional Trading of American States Water

Several large investors have recently added to or reduced their stakes in AWR. Barclays PLC lifted its stake in shares of American States Water by 172.8% in the 3rd quarter. Barclays PLC now owns 78,706 shares of the utilities provider’s stock valued at $6,554,000 after purchasing an additional 49,851 shares during the last quarter. Intech Investment Management LLC raised its holdings in American States Water by 16.1% during the third quarter. Intech Investment Management LLC now owns 7,506 shares of the utilities provider’s stock valued at $625,000 after buying an additional 1,041 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in American States Water by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 845,936 shares of the utilities provider’s stock valued at $61,389,000 after buying an additional 6,372 shares in the last quarter. Edgestream Partners L.P. lifted its position in shares of American States Water by 92.7% in the second quarter. Edgestream Partners L.P. now owns 87,452 shares of the utilities provider’s stock worth $6,346,000 after buying an additional 42,064 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of American States Water by 110.5% during the 3rd quarter. Stifel Financial Corp now owns 21,327 shares of the utilities provider’s stock worth $1,776,000 after acquiring an additional 11,197 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

American States Water Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.4655 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend was Friday, November 15th. American States Water’s dividend payout ratio (DPR) is presently 62.63%.

American States Water Company Profile

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.