SJW Group FY2025 EPS Estimate Reduced by Seaport Res Ptn

SJW Group (NYSE:SJW) – Investment analysts at Seaport Res Ptn decreased their FY2025 earnings per share estimates for shares of SJW Group in a report released on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $2.95 per share for the year, down from their previous 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.

A number of other brokerages have also issued reports on SJW. Wells Fargo & Company dropped their target price on shares of SJW Group from $61.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Tuesday. StockNews.com downgraded shares of SJW Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Finally, Bank of America initiated coverage on SJW Group in a research report on Friday, September 20th. They set a “neutral” rating and a $65.00 target price on the stock.

SJW Group Stock Performance

Shares of NYSE SJW opened at $46.27 on Wednesday. SJW Group has a 12 month low of $45.96 and a 12 month high of $65.15. 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 company has a market cap of $1.51 billion, a P/E ratio of 16.76, a P/E/G ratio of 3.26 and a beta of 0.65. The business’s 50 day moving average is $52.89 and its two-hundred day moving average is $56.23.

Hedge Funds Weigh In On SJW Group

A number of hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. increased its stake in SJW Group by 162.6% in the third quarter. Franklin Resources Inc. now owns 42,810 shares of the utilities provider’s stock valued at $2,504,000 after acquiring an additional 26,505 shares during the period. Geode Capital Management LLC grew its stake in shares of SJW Group by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 722,734 shares of the utilities provider’s stock valued at $42,006,000 after purchasing an additional 13,614 shares during the period. Duff & Phelps Investment Management Co. acquired a new position in shares of SJW Group in the 3rd quarter worth approximately $1,593,000. Barclays PLC lifted its position in shares of SJW Group by 376.0% during the 3rd quarter. Barclays PLC now owns 60,140 shares of the utilities provider’s stock worth $3,495,000 after buying an additional 47,506 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in SJW Group in the third quarter valued at $594,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

SJW Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 4th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend was Monday, November 4th. SJW Group’s dividend payout ratio (DPR) is presently 57.97%.

About SJW Group

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.