SJW Group (NYSE:SJW – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.900-3.000 for the period, compared to the consensus estimate of 2.950. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of research firms have commented on SJW. Wells Fargo & Company decreased their target price on SJW Group from $61.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Bank of America upgraded shares of SJW Group from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $59.00 to $55.00 in a research note on Monday, February 3rd.
Get Our Latest Research Report on SJW
SJW Group Stock Down 2.8 %
SJW Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 10th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Monday, February 10th. This is a boost from SJW Group’s previous quarterly dividend of $0.40. SJW Group’s dividend payout ratio is currently 60.87%.
About SJW Group
SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.
Featured Articles
- Five stocks we like better than SJW Group
- What is the Dogs of the Dow Strategy? Overview and Examples
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- 3 Fintech Stocks With Good 2021 Prospects
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Will Alibaba’s $53B AI Bet Be the Key to Tech Supremacy?
Receive News & Ratings for SJW Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SJW Group and related companies with MarketBeat.com's FREE daily email newsletter.