SJW Group (SJW) to Release Quarterly Earnings on Wednesday

SJW Group (NYSE:SJW - Get Free Report) is anticipated to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect SJW Group to post earnings of $0.55 per share and revenue of $187.48 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

SJW Group Stock Down 0.6 %

SJW stock traded down $0.31 during trading hours on Friday, reaching $52.36. 280,918 shares of the stock were exchanged, compared to its average volume of 309,946. The firm's 50-day moving average is $49.78 and its 200-day moving average is $54.81. SJW Group has a 12 month low of $44.91 and a 12 month high of $62.18. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 3.89 and a beta of 0.65. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.77 and a quick ratio of 0.77.

SJW Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 10th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, February 10th. This is an increase from SJW Group's previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.21%. SJW Group's dividend payout ratio (DPR) is presently 57.97%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SJW shares. Wells Fargo & Company reduced their price target on SJW Group from $61.00 to $53.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. StockNews.com downgraded shares of SJW Group from a "hold" rating to a "sell" rating in a research report on Tuesday, October 29th. Finally, Bank of America raised shares of SJW Group from a "neutral" rating to a "buy" rating and cut their price target 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.