Equities Analysts Offer Predictions for WTTR Q1 Earnings

Key Points

• Seaport Res Ptn has lowered its Q1 2026 earnings estimate for Select Water Solutions to $0.09 per share from $0.17, while the full-year consensus remains at $0.91 per share.
• Share price targets have been adjusted, with Citigroup lowering its target from $18.00 to $14.00, while Piper Sandler and Raymond James set targets at $15.00 and $16.00 respectively.
• Select Water Solutions reported Q2 revenue of $364.22 million and a quarterly dividend of $0.07, resulting in a 3.4% yield amid a payout ratio of 90.32%.

Select Water Solutions, Inc. (NYSE:WTTR - Free Report) - Investment analysts at Seaport Res Ptn lowered their Q1 2026 earnings estimates for Select Water Solutions in a research note issued on Sunday, August 10th. Seaport Res Ptn analyst T. Curran now anticipates that the company will post earnings of $0.09 per share for the quarter, down from their previous estimate of $0.17. The consensus estimate for Select Water Solutions' current full-year earnings is $0.91 per share. Seaport Res Ptn also issued estimates for Select Water Solutions' Q2 2026 earnings at $0.12 EPS.

WTTR has been the topic of several other research reports. Citigroup lowered their price objective on shares of Select Water Solutions from $18.00 to $14.00 and set a "buy" rating on the stock in a research report on Tuesday, May 13th. Piper Sandler began coverage on Select Water Solutions in a research report on Tuesday, July 15th. They set an "overweight" rating and a $15.00 price target on the stock. Finally, Raymond James Financial dropped their price target on Select Water Solutions from $19.00 to $16.00 and set a "strong-buy" rating for the company in a research note on Friday, May 9th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $14.88.

Select Water Solutions Trading Down 1.6%

Shares of WTTR opened at $8.24 on Tuesday. Select Water Solutions has a 1-year low of $7.20 and a 1-year high of $15.14. The company has a market capitalization of $989.93 million, a P/E ratio of 26.56 and a beta of 1.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.01 and a quick ratio of 1.82. The firm's 50 day simple moving average is $9.14 and its 200 day simple moving average is $9.71.

Select Water Solutions (NYSE:WTTR - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). Select Water Solutions had a return on equity of 3.69% and a net margin of 2.26%. The firm had revenue of $364.22 million during the quarter, compared to the consensus estimate of $362.93 million. During the same period in the previous year, the company posted $0.13 EPS. The company's revenue for the quarter was down .3% compared to the same quarter last year.

Select Water Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Tuesday, August 5th will be issued a $0.07 dividend. The ex-dividend date is Tuesday, August 5th. This represents a $0.28 annualized dividend and a dividend yield of 3.4%. Select Water Solutions's payout ratio is currently 90.32%.

Institutional Investors Weigh In On Select Water Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Inspire Advisors LLC boosted its stake in shares of Select Water Solutions by 10.1% during the second quarter. Inspire Advisors LLC now owns 20,760 shares of the company's stock valued at $179,000 after purchasing an additional 1,912 shares during the period. Empowered Funds LLC raised its holdings in Select Water Solutions by 2.0% during the 2nd quarter. Empowered Funds LLC now owns 666,767 shares of the company's stock valued at $5,761,000 after buying an additional 13,219 shares during the last quarter. Creative Planning boosted its position in Select Water Solutions by 164.0% during the 2nd quarter. Creative Planning now owns 31,498 shares of the company's stock valued at $272,000 after buying an additional 19,565 shares during the period. Geode Capital Management LLC grew its holdings in Select Water Solutions by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,226,680 shares of the company's stock worth $19,241,000 after acquiring an additional 49,631 shares during the last quarter. Finally, Boston Partners raised its stake in shares of Select Water Solutions by 7.1% during the second quarter. Boston Partners now owns 49,160 shares of the company's stock valued at $425,000 after acquiring an additional 3,264 shares during the last quarter. Institutional investors own 81.73% of the company's stock.

About Select Water Solutions

Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.