American States Water (AWR) Stock Price, News & Analysis

Company Overview

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. As of December 31, 2022, American States Water Company provided water service to 263,265 customers located throughout 10 counties in the State of California; and distributed electricity to 24,705 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was incorporated in 1929 and is headquartered in San Dimas, California.

Key Stats

• Today's Range: $83.25 to $83.97
• 50-Day Range: $76.44 to $85.38
• 52-Week Range: $66.03 to $85.71
• Volume: 77,648 shs
• Average Volume: 218,742 shs
• Market Capitalization: $3.13 billion
• P/E Ratio: 27.34
• Dividend Yield: 2.22%
• Price Target: $87.00
• Consensus Rating: Hold

American States Water Stock Analysis - MarketRank™

American States Water scored higher than 93% of companies evaluated by MarketBeat, and ranked 9th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

American States Water has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

American States Water has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.56%

Earnings Growth

Earnings for American States Water are expected to grow by 10.56% in the coming year, from $3.03 to $3.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American States Water is 27.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of American States Water is 27.36, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.51.

Price to Earnings Growth Ratio

American States Water has a PEG Ratio of 4.40. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

American States Water has a P/B Ratio of 3.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.99% of the outstanding shares of American States Water have been sold short.

Short Interest Ratio / Days to Cover

American States Water has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American States Water has recently decreased by 13.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

American States Water pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

American States Water has been increasing its dividend for 71 years.

Dividend Coverage

The dividend payout ratio of American States Water is 60.78%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, American States Water will have a dividend payout ratio of 55.52% next year. This indicates that American States Water will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -1.57

Percentage of Shares Shorted

0.99% of the outstanding shares of American States Water have been sold short.

Short Interest Ratio / Days to Cover

American States Water has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American States Water has recently decreased by 13.10%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.10

News Sentiment

American States Water has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for American States Water this week, compared to 3 articles on an average week.

Search Interest

Only 5 people have searched for AWR on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added American States Water to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, American States Water insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,445.00 in company stock.

Percentage Held by Insiders

Only 0.82% of the stock of American States Water is held by insiders.

Percentage Held by Institutions

75.24% of the stock of American States Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AWR Stock Analysis - Frequently Asked Questions

How have AWR shares performed this year?

American States Water's stock was trading at $80.42 at the beginning of 2024. Since then, AWR shares have increased by 4.1% and is now trading at $83.71.
View the best growth stocks for 2024 here.

How were American States Water's earnings last quarter?

American States Water (NYSE:AWR) issued its quarterly earnings results on Tuesday, August, 6th. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by $0.02. American States Water's revenue for the quarter was down 1.3% on a year-over-year basis.

Who are American States Water's major shareholders?

Top institutional shareholders of American States Water include Dimensional Fund Advisors LP (2.27%), Bank of New York Mellon Corp (1.21%), Millennium Management LLC (1.18%) and Robeco Schweiz AG (0.93%). Insiders that own company stock include Anne M Holloway, Thomas A Eichelberger, Bryan K Switzer, Mary Ann Hopkins, Granville R Hodges Jr, John R Fielder and James L Anderson.
View institutional ownership trends.

How do I buy shares of American States Water?

Shares of AWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American States Water own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American States Water investors own include Alibaba Group (BABA), AT&T (T), NVIDIA (NVDA), Enterprise Products Partners (EPD), Bank of America (BAC), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) and Visa (V).

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 9/3 Dividend: 8/16/2024
• Dividend Payable: 9/03/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Water supply
• Sub-Industry: Water Utilities
• Current Symbol: NYSE:AWR
• CUSIP: 02989910
• CIK: 1056903
• Web: americanstateswatercompany.gcs-web.com
• Phone: (909) 394-3600
• Fax: 909-394-0711
• Employees: 810
• Year Founded: 1929

Price Target and Rating

• Average Stock Price Target: $87.00
• High Stock Price Target: $87.00
• Low Stock Price Target: $87.00
• Potential Upside/Downside: +4.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.06
• Trailing P/E Ratio: 27.32
• Forward P/E Ratio: 27.59
• P/E Growth: 4.4
• Net Income: $124.92 million
• Net Margins: 18.85%
• Pretax Margin: 25.09%
• Return on Equity: 13.45%
• Return on Assets: 4.71%

Debt

• Debt-to-Equity Ratio: 0.92
• Current Ratio: 0.70
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $595.70 million
• Price / Sales: 5.26
• Cash Flow: $4.01 per share
• Price / Cash Flow: 20.82
• Book Value: $20.99 per share
• Price / Book: 3.98

Miscellaneous

• Outstanding Shares: 37,460,000
• Free Float: 36,924,000
• Market Cap: $3.13 billion
• Optionable: Optionable
• Beta: 0.49