Seaport Res Ptn Has Strong Forecast for AWR FY2025 Earnings

American States Water (NYSE:AWR) – Stock analysts at Seaport Res Ptn raised their FY2025 earnings per share (EPS) estimates for American States Water in a research note issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $3.39 per share for the year, up from their prior forecast of $3.31. The consensus estimate for American States Water’s current full-year earnings is $3.02 per share.

AWR has been the topic of a number of other reports. StockNews.com lowered shares of American States Water from a “hold” rating to a “sell” rating in a research report on Wednesday, November 27th. Bank of America assumed coverage on American States Water in a research note on Wednesday, December 11th. They set a “neutral” rating and a $85.00 target price for the company.

American States Water Stock Down 2.4 %

Shares of AWR stock opened at $74.53 on Tuesday. 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 has a 52-week low of $66.03 and a 52-week high of $87.50. The firm’s 50-day moving average is $82.34 and its 200-day moving average is $81.30. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 6.77 and a beta of 0.53.

American States Water (NYSE:AWR) last posted its earnings results on Wednesday, November 6th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.03). The company 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%. American States Water’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 earnings per share.

American States Water Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a dividend of $0.4655 per share. The ex-dividend date was Friday, November 15th. This represents a $1.86 dividend on an annualized basis and a yield of 2.50%. American States Water’s dividend payout ratio (DPR) is presently 62.63%.

Institutional Investors Weigh In On American States Water

Several large investors have recently added to or reduced their stakes in AWR. Assetmark Inc. bought a new stake in shares of American States Water during the 3rd quarter valued at about $50,000. Farther Finance Advisors LLC grew its holdings in American States Water by 18,820.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 946 shares of the utilities provider’s stock worth $79,000 after acquiring an additional 941 shares during the last quarter. Quarry LP bought a new stake in shares of American States Water in the 2nd quarter worth approximately $80,000. KBC Group NV boosted its stake in shares of American States Water by 31.9% during the 3rd quarter. KBC Group NV now owns 1,236 shares of the utilities provider’s stock valued at $103,000 after purchasing an additional 299 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of American States Water by 33.3% during the 3rd quarter. CWM LLC now owns 1,393 shares of the utilities provider’s stock valued at $116,000 after buying an additional 348 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

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.