Q2 EPS Estimate for Select Water Solutions Raised by Analyst

Key Points

• Northland Securities raised its Q2 2026 EPS estimate for Select Water Solutions to $0.09 from $0.04, signaling a more optimistic near-term earnings outlook. The firm also lifted its FY2026 EPS forecast to $0.42.
• Select Water Solutions beat first-quarter expectations, reporting $0.08 EPS versus the $0.06 consensus and revenue of $365.96 million versus $344.63 million estimated. Revenue was still down 2.2% year over year.
• Analyst sentiment remains broadly positive, with the stock carrying an average “Buy” rating and a consensus target price of $19.75. The shares also trade near $16.79, above their 200-day moving average of $12.68.

Select Water Solutions, Inc. (NYSE:WTTR - Free Report) - Stock analysts at Northland Securities upped their Q2 2026 earnings per share (EPS) estimates for Select Water Solutions in a note issued to investors on Thursday, May 7th. Northland Securities analyst B. Brooks now forecasts that the company will post earnings per share of $0.09 for the quarter, up from their previous forecast of $0.04. The consensus estimate for Select Water Solutions' current full-year earnings is $0.29 per share. Northland Securities also issued estimates for Select Water Solutions' FY2026 earnings at $0.42 EPS.

WTTR has been the topic of several other reports. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $24.00 target price on shares of Select Water Solutions in a research report on Thursday. Piper Sandler increased their target price on Select Water Solutions from $14.00 to $16.00 and gave the stock an "overweight" rating in a research report on Thursday, February 26th. Citigroup increased their target price on Select Water Solutions from $16.50 to $18.00 and gave the stock a "buy" rating in a research report on Thursday, April 2nd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Select Water Solutions in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, Select Water Solutions presently has an average rating of "Buy" and a consensus target price of $19.75.

Select Water Solutions Price Performance

Shares of NYSE WTTR opened at $16.79 on Monday. Select Water Solutions has a 1-year low of $7.82 and a 1-year high of $18.50. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.57 and a quick ratio of 1.42. The business's fifty day moving average price is $15.06 and its two-hundred day moving average price is $12.68. The firm has a market capitalization of $2.04 billion, a PE ratio of 79.97 and a beta of 0.99.

Select Water Solutions (NYSE:WTTR - Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. Select Water Solutions had a return on equity of 2.33% and a net margin of 1.54%.The firm had revenue of $365.96 million for the quarter, compared to analyst estimates of $344.63 million. During the same period last year, the company earned $0.08 earnings per share. The firm's revenue for the quarter was down 2.2% on a year-over-year basis.

Select Water Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, April 30th. Select Water Solutions's dividend payout ratio (DPR) is 133.33%.

Insider Activity at Select Water Solutions

In other news, Director Robin H. Fielder sold 27,010 shares of the firm's stock in a transaction on Friday, May 8th. The stock was sold at an average price of $16.80, for a total transaction of $453,768.00. Following the transaction, the director directly owned 43,315 shares of the company's stock, valued at approximately $727,692. This trade represents a 38.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.20% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WTTR. Farther Finance Advisors LLC increased its holdings in shares of Select Water Solutions by 160.2% during the third quarter. Farther Finance Advisors LLC now owns 2,615 shares of the company's stock valued at $28,000 after purchasing an additional 1,610 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Select Water Solutions during the third quarter valued at $29,000. State of Alaska Department of Revenue acquired a new position in shares of Select Water Solutions during the third quarter valued at $33,000. Osaic Holdings Inc. grew its holdings in Select Water Solutions by 59.9% during the second quarter. Osaic Holdings Inc. now owns 4,883 shares of the company's stock worth $42,000 after acquiring an additional 1,830 shares during the period. Finally, CIBC Private Wealth Group LLC grew its holdings in Select Water Solutions by 2,704.0% during the third quarter. CIBC Private Wealth Group LLC now owns 5,608 shares of the company's stock worth $60,000 after acquiring an additional 5,408 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.

More Select Water Solutions News

Here are the key news stories impacting Select Water Solutions this week:

• Positive Sentiment: Northland Securities lifted its Q3 2026 EPS estimate for Select Water Solutions to $0.11 from $0.10, suggesting early signs of improving earnings momentum.
• Positive Sentiment: The firm also raised Q4 2026 EPS expectations to $0.14 from $0.11 and increased 2027 quarterly estimates, indicating a better medium-term earnings outlook for WTTR.
• Positive Sentiment: FY2027 EPS was boosted to $0.75 from $0.61, a sizable increase that may reinforce investor confidence in Select Water Solutions’ longer-term profit potential.
• Neutral Sentiment: Northland’s revised estimates remain well above the current full-year consensus of $0.19 EPS for Select Water Solutions, highlighting a more optimistic analyst view but not a fresh company announcement.

Select Water Solutions Company Profile

Select Water Solutions, Inc, headquartered in Houston, Texas, is a water management services provider primarily serving the oil and gas industry. Formerly operating under the name Select Energy Services, the company rebranded to reflect its core focus on water treatment, recycling and disposal. Since its inception in 2016, Select Water Solutions has expanded to key U.S. basins—including the Permian, Eagle Ford, Marcellus and DJ Basin—and maintains strategic operations in select international regions.

The company's offerings span the full water lifecycle, from produced water gathering and transportation to advanced treatment and beneficial reuse.

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