Aris Water Solutions (ARIS) to Release Quarterly Earnings on Tuesday

Aris Water Solutions (NYSE:ARIS - Get Free Report) will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect Aris Water Solutions to post earnings of $0.21 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Aris Water Solutions (NYSE:ARIS - Get Free Report) last released its earnings results on Wednesday, February 28th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). Aris Water Solutions had a net margin of 4.82% and a return on equity of 4.06%. The business had revenue of $104.13 million during the quarter, compared to analyst estimates of $97.65 million. On average, analysts expect Aris Water Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Aris Water Solutions Trading Down 4.2 %

NYSE:ARIS traded down $0.62 during mid-day trading on Tuesday, reaching $14.03. The company's stock had a trading volume of 343,982 shares, compared to its average volume of 281,940. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $810.79 million, a P/E ratio of 23.38 and a beta of 1.68. The company's fifty day simple moving average is $13.14 and its two-hundred day simple moving average is $10.08. Aris Water Solutions has a twelve month low of $6.78 and a twelve month high of $15.31.

Aris Water Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a $0.09 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.36 dividend on an annualized basis and a yield of 2.57%. Aris Water Solutions's payout ratio is 60.00%.

Analysts Set New Price Targets

A number of research firms have weighed in on ARIS. TheStreet raised shares of Aris Water Solutions from a "d+" rating to a "c-" rating in a research note on Wednesday, March 13th. The Goldman Sachs Group increased their target price on Aris Water Solutions from $14.50 to $16.00 and gave the stock a "buy" rating in a research report on Wednesday, April 10th. Citigroup boosted their target price on shares of Aris Water Solutions from $13.00 to $14.00 and gave the stock a "buy" rating in a research report on Monday, March 4th. Finally, Wells Fargo & Company lifted their price target on Aris Water Solutions from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 7th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $12.25.

Aris Water Solutions Company Profile

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.