SJW Group (SJW) to Release Quarterly Earnings on Monday

SJW Group (NYSE:SJW - Get Free Report) is expected to release its earnings data after the market closes on Monday, April 28th. Analysts expect SJW Group to post earnings of $0.30 per share and revenue of $155.00 million for the quarter.

SJW Group Stock Performance

Shares of NYSE SJW traded up $1.06 during midday trading on Tuesday, hitting $55.23. 230,530 shares of the company's stock were exchanged, compared to its average volume of 228,272. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $1.89 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 3.94 and a beta of 0.56. SJW Group has a 12 month low of $44.91 and a 12 month high of $62.18. The company's 50 day moving average price is $53.28 and its 200 day moving average price is $52.96.

SJW Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 10th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.04%. This is a boost from SJW Group's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, February 10th. SJW Group's payout ratio is 58.95%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SJW shares. Wells Fargo & Company increased their price objective on shares of SJW Group from $53.00 to $57.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. StockNews.com raised shares of SJW Group from a "sell" rating to a "hold" rating in a report on Friday, February 28th. Finally, Bank of America upgraded shares of SJW Group from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $59.00 to $55.00 in a research report on Monday, February 3rd.

SJW Group Company Profile

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.