Q4 Earnings Estimate for ARIS Issued By US Capital Advisors

Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) - Stock analysts at US Capital Advisors lifted their Q4 2024 earnings per share (EPS) estimates for shares of Aris Water Solutions in a research note issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.42 for the quarter, up from their prior forecast of $0.36. US Capital Advisors currently has a "Moderate Buy" rating on the stock. The consensus estimate for Aris Water Solutions' current full-year earnings is $0.89 per share. US Capital Advisors also issued estimates for Aris Water Solutions' Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.50 EPS and Q4 2025 earnings at $0.49 EPS.

Several other analysts also recently commented on ARIS. JPMorgan Chase & Co. downgraded Aris Water Solutions from an "overweight" rating to a "neutral" rating and increased their price objective for the stock from $19.00 to $22.00 in a research note on Wednesday, November 6th. The Goldman Sachs Group increased their price target on Aris Water Solutions from $18.50 to $21.00 and gave the company a "buy" rating in a research report on Wednesday, November 6th. Evercore ISI lifted their price objective on shares of Aris Water Solutions from $20.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, November 6th. Finally, Stifel Nicolaus upped their target price on shares of Aris Water Solutions from $20.00 to $26.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $18.50.

Aris Water Solutions Stock Down 1.4 %

NYSE ARIS traded down $0.37 during trading hours on Thursday, hitting $26.86. The company's stock had a trading volume of 242,406 shares, compared to its average volume of 364,876. The company has a market capitalization of $1.56 billion, a PE ratio of 33.58 and a beta of 1.62. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.62. Aris Water Solutions has a 52 week low of $7.22 and a 52 week high of $27.90. The company's 50-day simple moving average is $19.44 and its two-hundred day simple moving average is $17.02.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Rhumbline Advisers boosted its position in Aris Water Solutions by 1.7% during the second quarter. Rhumbline Advisers now owns 44,083 shares of the company's stock worth $691,000 after purchasing an additional 758 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Aris Water Solutions during the 2nd quarter valued at approximately $27,000. Kings Path Partners LLC boosted its holdings in Aris Water Solutions by 2.6% in the 3rd quarter. Kings Path Partners LLC now owns 67,234 shares of the company's stock worth $1,134,000 after buying an additional 1,735 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Aris Water Solutions by 9.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 22,107 shares of the company's stock valued at $313,000 after buying an additional 1,902 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in Aris Water Solutions during the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 39.71% of the company's stock.

Insider Buying and Selling

In other Aris Water Solutions news, Director Debra Coy sold 1,500 shares of the firm's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $25.39, for a total value of $38,085.00. Following the completion of the sale, the director now directly owns 42,082 shares of the company's stock, valued at $1,068,461.98. This trade represents a 3.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 22.46% of the stock is owned by insiders.

Aris Water Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, December 5th. Aris Water Solutions's payout ratio is 52.50%.

Aris Water Solutions Company Profile

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.