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

American States Water (NYSE:AWR) – Stock analysts at Seaport Res Ptn issued their FY2027 EPS estimates for American States Water in a research report issued to clients and investors on Friday, April 11th. Seaport Res Ptn analyst A. Storozynski expects that the utilities provider will post earnings of $3.78 per share 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.

Other equities research analysts also recently issued reports about the stock. Wells Fargo & Company downgraded shares of American States Water from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $84.00 to $77.00 in a research note on Tuesday, January 7th. StockNews.com raised American States Water from a “sell” rating to a “hold” rating in a research report on Saturday, March 8th. Finally, Bank of America lowered American States Water from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $85.00 to $71.00 in a research report on Monday, February 3rd.

American States Water Stock Performance

AWR stock opened at $79.74 on Monday. The firm has a 50-day simple moving average of $76.65 and a two-hundred day simple moving average of $79.17. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.76 and a current ratio of 0.82. American States Water has a one year low of $66.03 and a one year high of $87.50. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 12.92 and a beta of 0.56.

American States Water (NYSE:AWR) last released 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. American States Water had a return on equity of 13.63% and a net margin of 20.03%. The firm had revenue of $143.10 million during the quarter, compared to analyst estimates of $160.17 million.

American States Water Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Tuesday, February 18th were issued a $0.4655 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 2.34%. American States Water’s dividend payout ratio is currently 58.68%.

Insider Transactions at American States Water

In other news, Director Diana M. Bonta sold 969 shares of the stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $77.00, for a total value of $74,613.00. Following the transaction, the director now directly owns 15,931 shares of the company’s stock, valued at approximately $1,226,687. This represents a 5.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.82% of the company’s stock.

Institutional Investors Weigh In On American States Water

A number of institutional investors and hedge funds have recently modified their holdings of AWR. HighTower Advisors LLC lifted its stake in American States Water by 12.1% during the 3rd quarter. HighTower Advisors LLC now owns 19,576 shares of the utilities provider’s stock valued at $1,623,000 after acquiring an additional 2,109 shares during the period. Stifel Financial Corp lifted its position in American States Water by 110.5% during the third quarter. Stifel Financial Corp now owns 21,327 shares of the utilities provider’s stock valued at $1,776,000 after purchasing an additional 11,197 shares during the period. XTX Topco Ltd purchased a new stake in American States Water in the third quarter valued at $432,000. MML Investors Services LLC acquired a new stake in American States Water during the 3rd quarter worth about $206,000. Finally, Barclays PLC raised its stake in shares of American States Water by 172.8% during the 3rd quarter. Barclays PLC now owns 78,706 shares of the utilities provider’s stock valued at $6,554,000 after buying an additional 49,851 shares during the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

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.