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NYSE:SJW

SJW Group (SJW) Stock Price, News & Analysis

SJW Group logo
$55.00 -0.15 (-0.27%)
(As of 11/20/2024 ET)

About SJW Group Stock (NYSE:SJW)

Key Stats

Today's Range
$54.62
$55.70
50-Day Range
$53.84
$60.84
52-Week Range
$51.17
$70.43
Volume
151,864 shs
Average Volume
188,434 shs
Market Capitalization
$1.80 billion
P/E Ratio
19.93
Dividend Yield
2.91%
Price Target
$63.00
Consensus Rating
Hold

Company Overview

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. It also offers non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services, sewer operations, and other water related services to water utilities; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. In addition, the company provides water service to approximately 232,400 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos; adjacent unincorporated territories in the County of Santa Clara in the State of California; water service to approximately 141,000 service connections, which serve approximately 461,000 people in 81 municipalities with a service area of approximately 272 square miles in Connecticut and Maine and approximately 3,000 wastewater connections in Southbury, Connecticut; approximately 28,000 service connections that serve approximately 83,000 people in a service area comprising approximately 271 square miles in the region between San Antonio and Austin, Texas; and approximately 950 wastewater connections. Further, it owns undeveloped land in California and Tennessee; commercial and warehouse properties in Tennessee; and commercial properties and parcels of land in Connecticut. The company was formerly known as SJW Corp. and changed its name to SJW Group in November 2016. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.

SJW Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
68th Percentile Overall Score

SJW MarketRank™: 

SJW Group scored higher than 68% of companies evaluated by MarketBeat, and ranked 57th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SJW Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    SJW Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about SJW Group's stock forecast and price target.
  • Earnings Growth

    Earnings for SJW Group are expected to grow by 8.36% in the coming year, from $2.75 to $2.98 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SJW Group is 19.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of SJW Group is 19.93, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 97.48.

  • Price to Earnings Growth Ratio

    SJW Group has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    SJW Group has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about SJW Group's valuation and earnings.
  • Percentage of Shares Shorted

    2.71% of the outstanding shares of SJW Group have been sold short.
  • Short Interest Ratio / Days to Cover

    SJW Group has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in SJW Group has recently increased by 15.64%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    SJW Group pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    SJW Group has been increasing its dividend for 57 years.

  • Dividend Coverage

    The dividend payout ratio of SJW Group is 57.97%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, SJW Group will have a dividend payout ratio of 53.69% next year. This indicates that SJW Group will be able to sustain or increase its dividend.

  • Read more about SJW Group's dividend.
  • Percentage of Shares Shorted

    2.71% of the outstanding shares of SJW Group have been sold short.
  • Short Interest Ratio / Days to Cover

    SJW Group has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in SJW Group has recently increased by 15.64%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    SJW Group has a news sentiment score of 0.37. 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 lower news sentiment than the 0.67 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for SJW Group this week, compared to 5 articles on an average week.
  • Search Interest

    2 people have searched for SJW on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, SJW Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.38% of the stock of SJW Group is held by insiders.

  • Percentage Held by Institutions

    84.29% of the stock of SJW Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about SJW Group's insider trading history.
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SJW Stock News Headlines

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SJW Stock Analysis - Frequently Asked Questions

SJW Group's stock was trading at $65.35 at the start of the year. Since then, SJW stock has decreased by 15.8% and is now trading at $55.00.
View the best growth stocks for 2024 here
.

SJW Group (NYSE:SJW) announced its quarterly earnings results on Wednesday, February, 21st. The utilities provider reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by $0.01. The utilities provider had revenue of $171.34 million for the quarter, compared to analysts' expectations of $161.23 million. SJW Group had a net margin of 12.47% and a trailing twelve-month return on equity of 7.16%.

The following companies are subsidiaries of SJW Group: Connecticut Water Service.

SJW Group's top institutional investors include State Street Corp (4.92%), Cerity Partners LLC (4.46%), Nuance Investments LLC (3.62%) and Geode Capital Management LLC (2.21%). Insiders that own company stock include James Patrick Lynch, Andrew Gere, Craig J Patla, Carl Guardino and Katharine Armstrong.
View institutional ownership trends
.

Shares of SJW 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that SJW Group investors own include Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Home Depot (HD), Walmart (WMT) and Chevron (CVX).

Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 9/3 Dividend
8/05/2024
Dividend Payable
9/03/2024
Ex-Dividend for 12/2 Dividend
11/04/2024
Today
11/21/2024
Dividend Payable
12/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/19/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
Water Utilities
CUSIP
78430510
Employees
760
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$63.00
High Stock Price Target
$65.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$84.99 million
Pretax Margin
13.81%

Debt

Sales & Book Value

Annual Sales
$721.96 million
Cash Flow
$6.07 per share
Book Value
$38.62 per share

Miscellaneous

Free Float
32,588,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
0.63

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This page (NYSE:SJW) was last updated on 11/21/2024 by MarketBeat.com Staff
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