What is Seaport Res Ptn's Forecast 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) - Research analysts at Seaport Res Ptn reduced their Q1 2026 earnings estimates for Select Water Solutions in a report issued on Sunday, August 10th. Seaport Res Ptn analyst T. Curran now expects that the company will post earnings of $0.09 per share for the quarter, down from their previous forecast 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.

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

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

Select Water Solutions Trading Down 3.7%

NYSE WTTR traded down $0.30 on Tuesday, hitting $7.91. 946,690 shares of the stock were exchanged, compared to its average volume of 1,041,799. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.82 and a current ratio of 2.01. The stock has a fifty day moving average price of $9.10 and a two-hundred day moving average price of $9.62. The firm has a market capitalization of $950.90 million, a P/E ratio of 25.52 and a beta of 1.26. Select Water Solutions has a 52-week low of $7.20 and a 52-week high of $15.14.

Hedge Funds Weigh In On Select Water Solutions

A number of large investors have recently added to or reduced their stakes in the company. First Trust Advisors LP raised its holdings in Select Water Solutions by 21.9% in the fourth quarter. First Trust Advisors LP now owns 6,828,596 shares of the company's stock worth $90,411,000 after purchasing an additional 1,226,061 shares in the last quarter. Vanguard Group Inc. raised its holdings in Select Water Solutions by 8.3% in the first quarter. Vanguard Group Inc. now owns 6,358,953 shares of the company's stock worth $66,769,000 after purchasing an additional 488,443 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Select Water Solutions by 7.8% during the first quarter. Wellington Management Group LLP now owns 4,070,293 shares of the company's stock valued at $42,738,000 after acquiring an additional 293,784 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Select Water Solutions by 6.2% during the first quarter. Victory Capital Management Inc. now owns 3,953,648 shares of the company's stock valued at $41,513,000 after acquiring an additional 229,736 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Select Water Solutions by 4.0% in the 2nd quarter. American Century Companies Inc. now owns 3,660,705 shares of the company's stock worth $31,628,000 after purchasing an additional 142,449 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Select Water Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th were issued a $0.07 dividend. The ex-dividend date was Tuesday, August 5th. This represents a $0.28 dividend on an annualized basis and a yield of 3.5%. Select Water Solutions's payout ratio is currently 90.32%.

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.