Select Water Solutions (WTTR) Expected to Announce Quarterly Earnings on Tuesday

Select Water Solutions (NYSE:WTTR - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $360.78 million for the quarter.

Select Water Solutions (NYSE:WTTR - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.14). Select Water Solutions had a return on equity of 3.48% and a net margin of 2.11%. The firm had revenue of $349.05 million during the quarter, compared to the consensus estimate of $333.62 million. On average, analysts expect Select Water Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Select Water Solutions Stock Up 2.4 %

Shares of NYSE:WTTR traded up $0.21 during trading on Thursday, reaching $8.73. The stock had a trading volume of 983,754 shares, compared to its average volume of 1,095,181. The firm's 50-day simple moving average is $9.66 and its 200 day simple moving average is $11.93. The company has a current ratio of 1.65, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Select Water Solutions has a one year low of $7.58 and a one year high of $15.14. The company has a market capitalization of $1.04 billion, a P/E ratio of 29.08 and a beta of 1.51.

Select Water Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a $0.28 annualized dividend and a yield of 3.21%. Select Water Solutions's dividend payout ratio (DPR) is 93.33%.

Wall Street Analyst Weigh In

Separately, Citigroup upped their price target on Select Water Solutions from $14.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, January 10th.

Insider Transactions at Select Water Solutions

In other Select Water Solutions news, CEO John Schmitz sold 73,450 shares of the firm's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $13.03, for a total value of $957,053.50. Following the completion of the transaction, the chief executive officer now owns 2,825,128 shares of the company's stock, valued at approximately $36,811,417.84. This trade represents a 2.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 8.40% of the company's stock.

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.