Brokers Set Expectations for SJW Group FY2025 Earnings

SJW Group (NYSE:SJW) – Stock analysts at Seaport Res Ptn cut their FY2025 earnings estimates for shares of SJW Group in a research note issued to investors on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings per share of $2.95 for the year, down from their prior estimate of $3.08. The consensus estimate for SJW Group’s current full-year earnings is $2.75 per share. Seaport Res Ptn also issued estimates for SJW Group’s FY2026 earnings at $3.10 EPS, FY2027 earnings at $3.25 EPS and FY2028 earnings at $3.56 EPS.

Other equities research analysts also recently issued reports about the stock. Wells Fargo & Company lowered their target price on shares of SJW Group from $61.00 to $53.00 and set an “equal weight” rating for the company in a research note on Tuesday. Bank of America assumed coverage on SJW Group in a research note on Friday, September 20th. They issued a “neutral” rating and a $65.00 price target for the company. Finally, StockNews.com lowered shares of SJW Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th.

SJW Group Stock Performance

Shares of SJW stock opened at $46.82 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.25. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 3.26 and a beta of 0.65. The company’s 50 day moving average is $53.08 and its 200 day moving average is $56.30. SJW Group has a 52-week low of $46.20 and a 52-week high of $65.15.

Institutional Trading of SJW Group

A number of hedge funds have recently modified their holdings of SJW. Duff & Phelps Investment Management Co. purchased a new stake in SJW Group in the 3rd quarter worth approximately $1,593,000. Nuance Investments LLC grew its position in SJW Group by 17.5% during the second quarter. Nuance Investments LLC now owns 1,565,428 shares of the utilities provider’s stock valued at $84,877,000 after buying an additional 233,601 shares during the period. Geode Capital Management LLC grew its position in SJW Group by 1.9% during the third quarter. Geode Capital Management LLC now owns 722,734 shares of the utilities provider’s stock valued at $42,006,000 after buying an additional 13,614 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in SJW Group by 5.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 369,967 shares of the utilities provider’s stock valued at $21,499,000 after buying an additional 20,646 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of SJW Group in the third quarter worth about $620,000. Hedge funds and other institutional investors own 84.29% of the company’s stock.

SJW Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 4th were given a dividend of $0.40 per share. The ex-dividend date was Monday, November 4th. This represents a $1.60 dividend on an annualized basis and a yield of 3.42%. SJW Group’s dividend payout ratio is presently 57.97%.

SJW Group Company Profile

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.