American States Water (AWR) to Release Quarterly Earnings on Wednesday

American States Water (NYSE:AWR - Get Free Report) is projected 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. Parties interested in participating in the company's conference call can do so using this link.

American States Water Stock Down 1.3 %

AWR stock traded down $0.94 during mid-day trading on Friday, hitting $74.11. 164,703 shares of the company were exchanged, compared to its average volume of 176,388. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.64 and a current ratio of 0.69. The firm has a market cap of $2.78 billion, a P/E ratio of 24.95, a P/E/G ratio of 12.59 and a beta of 0.53. The firm's 50 day simple moving average is $76.04 and its 200 day simple moving average is $80.75. American States Water has a 1-year low of $66.03 and a 1-year high of $87.50.

American States Water Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.4655 per share. The ex-dividend date is Tuesday, February 18th. This represents a $1.86 annualized dividend and a yield of 2.51%. American States Water's dividend payout ratio (DPR) is currently 62.63%.

Analysts Set New Price Targets

AWR has been the topic of several research analyst reports. Wells Fargo & Company downgraded shares of American States Water from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $84.00 to $77.00 in a report on Tuesday, January 7th. Bank of America downgraded shares of American States Water from a "neutral" rating to an "underperform" rating and dropped their target price for the stock 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.

About American States Water

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.