American States Water (NYSE:AWR) Shares Down 4.9% - What's Next?

Key Points

• Shares of American States Water were down 4.9%, trading as low as $76.58 and last at $75.59 on sharply lighter volume (~67,029 shares, down about 74% vs. average).
• The company reported quarterly EPS of $0.74, beating estimates of $0.68 while revenue of $164.28M slightly missed expectations; key metrics include a P/E of 22.4 and ROE of 13.1%, with analysts projecting roughly 3.34 EPS for the year.
• American States Water pays a quarterly dividend of $0.504 (annualized $2.02, yield ~2.7%) and has a consensus analyst rating of "Hold" with an average target price of $84.00.

American States Water Company (NYSE:AWR - Get Free Report) was down 4.9% during trading on Monday . The company traded as low as $76.58 and last traded at $75.5870. Approximately 67,029 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 254,446 shares. The stock had previously closed at $79.47.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of American States Water in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $84.00.

American States Water Trading Down 4.9%

The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.23 and a current ratio of 1.32. The business has a fifty day simple moving average of $74.39 and a 200 day simple moving average of $73.86. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 3.92 and a beta of 0.66.

American States Water (NYSE:AWR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.06. The firm had revenue of $164.28 million for the quarter, compared to analyst estimates of $168.82 million. American States Water had a return on equity of 13.10% and a net margin of 19.82%. As a group, research analysts expect that American States Water Company will post 3.34 EPS for the current year.

American States Water Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.504 per share. This represents a $2.02 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, February 23rd. American States Water's dividend payout ratio is 59.64%.

Institutional Trading of American States Water

Large investors have recently modified their holdings of the stock. State of Wyoming acquired a new stake in shares of American States Water during the 2nd quarter worth $26,000. Aster Capital Management DIFC Ltd boosted its stake in American States Water by 610.5% in the third quarter. Aster Capital Management DIFC Ltd now owns 540 shares of the utilities provider's stock valued at $40,000 after buying an additional 464 shares in the last quarter. IFP Advisors Inc boosted its stake in American States Water by 113.6% in the fourth quarter. IFP Advisors Inc now owns 549 shares of the utilities provider's stock valued at $40,000 after buying an additional 292 shares in the last quarter. Plato Investment Management Ltd acquired a new stake in American States Water in the fourth quarter valued at about $45,000. Finally, Motiv8 Investments LLC acquired a new stake in American States Water in the fourth quarter valued at about $45,000. 75.24% of the stock is owned by institutional investors and hedge funds.

American States Water Company Profile

American States Water Company NYSE: AWR, founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. The company operates primarily through two regulated segments—water and electric utilities—and provides non-regulated water system services. Over its history, American States Water has expanded its footprint through strategic acquisitions and organic growth, positioning itself as a reliable provider of essential services in its core territories.

Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California.

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