Seaport Res Ptn Has Negative Outlook for WTTR Q2 Earnings

Select Water Solutions, Inc. (NYSE:WTTR - Free Report) - Equities researchers at Seaport Res Ptn reduced their Q2 2025 earnings per share estimates for shares of Select Water Solutions in a note issued to investors on Thursday, May 29th. Seaport Res Ptn analyst T. Curran now expects that the company will post earnings per share of $0.11 for the quarter, down from their previous forecast of $0.12. 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' Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.46 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.23 EPS and FY2026 earnings at $0.78 EPS.

Select Water Solutions (NYSE:WTTR - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $374.38 million for the quarter, compared to analysts' expectations of $360.78 million. Select Water Solutions had a net margin of 2.11% and a return on equity of 3.48%. The business's revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the business earned $0.04 earnings per share.

Other research analysts also recently issued research reports about the company. Raymond James reduced their price target on Select Water Solutions from $19.00 to $16.00 and set a "strong-buy" rating on the stock in a report on Friday, May 9th. Citigroup reduced their target price on Select Water Solutions from $18.00 to $14.00 and set a "buy" rating on the stock in a research note on Tuesday, May 13th.

Select Water Solutions Trading Up 1.8%

Select Water Solutions stock traded up $0.15 during trading hours on Monday, reaching $8.60. The stock had a trading volume of 777,396 shares, compared to its average volume of 1,076,271. The stock has a market cap of $1.03 billion, a PE ratio of 28.67 and a beta of 1.28. Select Water Solutions has a 52 week low of $7.20 and a 52 week high of $15.14. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.65 and a quick ratio of 1.62. The company has a fifty day simple moving average of $8.48 and a 200-day simple moving average of $11.28.

Institutional Trading of Select Water Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of WTTR. SG Americas Securities LLC purchased a new stake in shares of Select Water Solutions in the 4th quarter worth about $360,000. Longboard Asset Management LP purchased a new stake in Select Water Solutions in the fourth quarter worth about $167,000. Vest Financial LLC grew its holdings in Select Water Solutions by 48.3% in the fourth quarter. Vest Financial LLC now owns 193,890 shares of the company's stock worth $2,567,000 after purchasing an additional 63,149 shares during the period. Empowered Funds LLC grew its stake in shares of Select Water Solutions by 11.5% in the 4th quarter. Empowered Funds LLC now owns 640,401 shares of the company's stock worth $8,479,000 after buying an additional 66,020 shares during the last quarter. Finally, Miller Howard Investments Inc. NY grew its stake in shares of Select Water Solutions by 1.3% in the 4th quarter. Miller Howard Investments Inc. NY now owns 233,794 shares of the company's stock worth $3,095,000 after buying an additional 2,977 shares during the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Select Water Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Tuesday, May 6th were paid a $0.07 dividend. The ex-dividend date was Tuesday, May 6th. This represents a $0.28 annualized dividend and a yield of 3.26%. Select Water Solutions's payout ratio is 82.35%.

Select Water Solutions Company Profile

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.