What is Seaport Res Ptn's Forecast for AWR FY2027 Earnings?

American States Water (NYSE:AWR - Free Report) - Stock analysts at Seaport Res Ptn issued their FY2027 EPS estimates for American States Water in a research note issued on Friday, April 11th. Seaport Res Ptn analyst A. Storozynski anticipates that the utilities provider will post earnings per share of $3.78 for the year. The consensus estimate for American States Water's current full-year earnings is $3.34 per share. Seaport Res Ptn also issued estimates for American States Water's FY2028 earnings at $4.00 EPS.

American States Water (NYSE:AWR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $0.69 EPS for the quarter, topping the consensus estimate of $0.64 by $0.05. The business had revenue of $143.10 million for the quarter, compared to analysts' expectations of $160.17 million. American States Water had a net margin of 20.03% and a return on equity of 13.63%.

AWR has been the subject of a number of other reports. StockNews.com raised shares of American States Water from a "sell" rating to a "hold" rating in a report on Saturday, March 8th. Bank of America downgraded shares of American States Water from a "neutral" rating to an "underperform" rating and reduced their target price for the stock from $85.00 to $71.00 in a report on Monday, February 3rd. Finally, Wells Fargo & Company lowered American States Water from an "equal weight" rating to an "underweight" rating and dropped their price target for the stock from $84.00 to $77.00 in a research report on Tuesday, January 7th.

American States Water Price Performance

American States Water stock traded up $0.73 during midday trading on Monday, reaching $80.11. 175,657 shares of the stock traded hands, compared to its average volume of 220,021. The company has a quick ratio of 0.76, a current ratio of 0.82 and a debt-to-equity ratio of 0.88. American States Water has a 12 month low of $67.86 and a 12 month high of $87.50. The stock's fifty day moving average is $77.01 and its 200-day moving average is $79.13. The stock has a market cap of $3.08 billion, a P/E ratio of 25.27, a PEG ratio of 12.92 and a beta of 0.56.

Hedge Funds Weigh In On American States Water

Several hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new position in shares of American States Water in the fourth quarter worth about $26,000. Golden State Wealth Management LLC bought a new position in American States Water in the 4th quarter worth about $30,000. Federated Hermes Inc. increased its position in shares of American States Water by 92.5% during the fourth quarter. Federated Hermes Inc. now owns 439 shares of the utilities provider's stock worth $34,000 after acquiring an additional 211 shares during the period. Plato Investment Management Ltd raised its stake in shares of American States Water by 2,173.9% during the fourth quarter. Plato Investment Management Ltd now owns 523 shares of the utilities provider's stock valued at $41,000 after acquiring an additional 500 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of American States Water by 367.3% in the fourth quarter. Blue Trust Inc. now owns 500 shares of the utilities provider's stock valued at $42,000 after purchasing an additional 393 shares during the period. Institutional investors own 75.24% of the company's stock.

Insider Buying and Selling

In other news, Director Diana M. Bonta sold 969 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $77.00, for a total value of $74,613.00. Following the sale, the director now directly owns 15,931 shares in the company, valued at approximately $1,226,687. This represents a 5.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.83% of the stock is currently owned by corporate insiders.

American States Water Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Tuesday, February 18th were paid a dividend of $0.4655 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 2.32%. American States Water's dividend payout ratio is presently 58.68%.

American States Water Company Profile

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.