SJW Group FY2025 EPS Estimate Lowered by Seaport Res Ptn

SJW Group (NYSE:SJW - Free Report) - Equities research analysts at Seaport Res Ptn dropped their FY2025 earnings per share (EPS) estimates for shares of SJW Group in a research note issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $2.95 for the year, down from their previous estimate of $3.08. The consensus estimate for SJW Group's current full-year earnings is $2.75 per share. Seaport Res Ptn also issued estimates for SJW Group's FY2026 earnings at $3.10 EPS, FY2027 earnings at $3.25 EPS and FY2028 earnings at $3.56 EPS.

SJW has been the subject of a number of other reports. StockNews.com downgraded SJW Group from a "hold" rating to a "sell" rating in a research note on Tuesday, October 29th. Wells Fargo & Company dropped their price objective on shares of SJW Group from $61.00 to $53.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Bank of America began coverage on shares of SJW Group in a research note on Friday, September 20th. They issued a "neutral" rating and a $65.00 target price for the company.

SJW Group Stock Performance

NYSE:SJW traded down $0.55 during midday trading on Wednesday, reaching $46.27. The stock had a trading volume of 219,396 shares, compared to its average volume of 223,639. The stock has a market cap of $1.51 billion, a P/E ratio of 16.76, a P/E/G ratio of 3.26 and a beta of 0.65. SJW Group has a 12-month low of $45.96 and a 12-month high of $65.15. The firm has a fifty day simple moving average of $53.08 and a two-hundred day simple moving average of $56.30. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.25.

SJW Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 4th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.46%. SJW Group's payout ratio is 57.97%.

Hedge Funds Weigh In On SJW Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Duff & Phelps Investment Management Co. purchased a new stake in SJW Group during the 3rd quarter worth $1,593,000. Nuance Investments LLC grew its holdings in SJW Group by 17.5% during the 2nd quarter. Nuance Investments LLC now owns 1,565,428 shares of the utilities provider's stock worth $84,877,000 after acquiring an additional 233,601 shares in the last quarter. Geode Capital Management LLC grew its holdings in SJW Group by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 722,734 shares of the utilities provider's stock worth $42,006,000 after acquiring an additional 13,614 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of SJW Group by 5.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 369,967 shares of the utilities provider's stock worth $21,499,000 after purchasing an additional 20,646 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of SJW Group in the 3rd quarter valued at about $620,000. 84.29% of the stock is owned by institutional investors and hedge funds.

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.