SJW Group (SJW) Expected to Announce Earnings on Monday

by · The Cerbat Gem

SJW Group (NYSE:SJW – Get Free Report) is expected to be announcing its earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $155.00 million for the quarter.

SJW Group Stock Down 1.1 %

SJW stock opened at $53.77 on Friday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.77 and a current ratio of 0.77. SJW Group has a fifty-two week low of $44.91 and a fifty-two week high of $62.18. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 19.48, a PEG ratio of 3.94 and a beta of 0.56. The company’s 50 day moving average price is $53.37 and its 200 day moving average price is $52.90.

SJW Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 10th were given a dividend of $0.42 per share. This is a boost from SJW Group’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend was Monday, February 10th. SJW Group’s dividend payout ratio is currently 58.95%.

Wall Street Analyst Weigh In

A number of research firms recently commented on SJW. Wells Fargo & Company increased their target price on shares of SJW Group from $53.00 to $57.00 and gave the company an “equal weight” rating in a research report on Friday, February 28th. StockNews.com upgraded shares of SJW Group from a “sell” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Bank of America raised shares of SJW Group from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $59.00 to $55.00 in a research note on Monday, February 3rd.

View Our Latest Stock Analysis on SJW

About SJW Group

(Get Free Report)

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.

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