American States Water (AWR) to Release Quarterly Earnings on Wednesday

American States Water (NYSE:AWR - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $170.64 million for the quarter.

American States Water (NYSE:AWR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The utilities provider reported $0.70 EPS for the quarter, meeting analysts' consensus estimates of $0.70. American States Water had a return on equity of 13.45% and a net margin of 20.22%. The company had revenue of $148.01 million during the quarter, compared to analysts' expectations of $142.00 million. During the same period in the prior year, the business posted $0.62 EPS. American States Water's revenue was up 9.4% on a year-over-year basis. On average, analysts expect American States Water to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

American States Water Stock Up 1.7%

NYSE AWR traded up $1.22 during trading hours on Friday, reaching $74.81. 299,788 shares of the company's stock were exchanged, compared to its average volume of 226,043. The company's 50-day moving average is $76.79 and its two-hundred day moving average is $76.84. American States Water has a one year low of $70.29 and a one year high of $87.50. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.76 and a current ratio of 0.81. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 3.95 and a beta of 0.61.

American States Water Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Friday, August 15th will be paid a dividend of $0.504 per share. This represents a $2.02 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, August 15th. This is a positive change from American States Water's previous quarterly dividend of $0.47. American States Water's dividend payout ratio (DPR) is currently 57.23%.

Insider Transactions at American States Water

In other news, Director Thomas A. Eichelberger purchased 897 shares of American States Water stock in a transaction on Friday, June 6th. The stock was purchased at an average price of $76.81 per share, with a total value of $68,898.57. Following the transaction, the director directly owned 8,467 shares in the company, valued at $650,350.27. The trade was a 11.85% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.83% of the company's stock.

Hedge Funds Weigh In On American States Water

Large investors have recently bought and sold shares of the company. Strs Ohio acquired a new position in American States Water during the first quarter worth $87,000. Baird Financial Group Inc. lifted its stake in American States Water by 23.7% in the first quarter. Baird Financial Group Inc. now owns 3,260 shares of the utilities provider's stock valued at $256,000 after acquiring an additional 625 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in American States Water by 768.9% during the 1st quarter. Jones Financial Companies Lllp now owns 4,701 shares of the utilities provider's stock valued at $370,000 after purchasing an additional 4,160 shares during the last quarter. Focus Partners Wealth lifted its holdings in American States Water by 148.3% during the 1st quarter. Focus Partners Wealth now owns 5,597 shares of the utilities provider's stock valued at $440,000 after purchasing an additional 3,343 shares during the last quarter. Finally, Intech Investment Management LLC lifted its holdings in American States Water by 16.6% during the 1st quarter. Intech Investment Management LLC now owns 20,129 shares of the utilities provider's stock valued at $1,584,000 after purchasing an additional 2,861 shares during the last quarter. Institutional investors and hedge funds own 75.24% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company raised American States Water from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $76.00 to $84.00 in a research note on Thursday, May 8th.

About American States Water

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.