American States Water (AWR) Expected to Announce Earnings on Wednesday

American States Water (NYSE:AWR) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.64 per share and revenue of $160.17 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

American States Water Trading Up 2.4 %

American States Water stock opened at $75.08 on Wednesday. American States Water has a 12 month low of $66.03 and a 12 month high of $87.50. The company has a quick ratio of 0.64, a current ratio of 0.69 and a debt-to-equity ratio of 0.86. The stock has a market cap of $2.81 billion, a P/E ratio of 25.28, a P/E/G ratio of 12.59 and a beta of 0.53. The company’s fifty day simple moving average is $76.52 and its 200-day simple moving average is $80.90.

American States Water Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Tuesday, February 18th will be given a $0.4655 dividend. This represents a $1.86 annualized dividend and a yield of 2.48%. The ex-dividend date is Tuesday, February 18th. American States Water’s dividend payout ratio is 62.63%.

Analyst Ratings Changes

A number of brokerages have recently commented on AWR. Wells Fargo & Company lowered American States Water from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $84.00 to $77.00 in a report on Tuesday, January 7th. Bank of America downgraded American States Water from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $85.00 to $71.00 in a report on Monday, February 3rd. Finally, StockNews.com downgraded shares of American States Water from a “hold” rating to a “sell” rating in a report on Wednesday, November 27th.

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.