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

American States Water (NYSE:AWR - Get Free Report) will announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.59 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

American States Water (NYSE:AWR - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.02. American States Water had a return on equity of 13.54% and a net margin of 20.97%. The firm had revenue of $125.20 million during the quarter, compared to analysts' expectations of $132.00 million. During the same quarter last year, the firm posted $0.42 earnings per share. The company's revenue for the quarter was down .2% compared to the same quarter last year. On average, analysts expect American States Water to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

American States Water Stock Up 0.8 %

NYSE AWR traded up $0.59 during mid-day trading on Tuesday, hitting $70.84. The company's stock had a trading volume of 304,104 shares, compared to its average volume of 228,031. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 21.02, a PEG ratio of 3.69 and a beta of 0.43. The company's 50 day simple moving average is $70.94 and its 200 day simple moving average is $76.11. The company has a current ratio of 1.24, a quick ratio of 1.13 and a debt-to-equity ratio of 1.12. American States Water has a twelve month low of $66.03 and a twelve month high of $92.85.

American States Water Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Tuesday, February 20th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date was Friday, February 16th. American States Water's dividend payout ratio is currently 51.04%.

Insider Buying and Selling at American States Water

In other news, Director Thomas A. Eichelberger bought 1,400 shares of the stock in a transaction dated Wednesday, February 28th. The stock was bought at an average price of $71.21 per share, for a total transaction of $99,694.00. Following the completion of the acquisition, the director now directly owns 5,850 shares in the company, valued at approximately $416,578.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.82% of the company's stock.

Analyst Ratings Changes

Separately, Wells Fargo & Company dropped their price target on shares of American States Water from $79.00 to $77.00 and set an "underweight" rating on the stock in a research report on Friday, February 23rd.

American States Water Company Profile

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.