Northland Capmk Issues Negative Forecast for WTTR Earnings

Key Points

• Northland Capmk has adjusted its Q1 2026 earnings estimate for Select Water Solutions, predicting a decrease to $0.07 per share from a prior estimate of $0.15.
• The company reported $0.10 EPS in its latest quarterly earnings, missing the consensus estimate of $0.13, with a revenue of $364.22 million for the quarter.
• Select Water Solutions announced a quarterly dividend of $0.07 per share, translating to an annualized dividend of $0.28 and a yield of 3.4%.

Select Water Solutions, Inc. (NYSE:WTTR - Free Report) - Investment analysts at Northland Capmk cut their Q1 2026 earnings per share estimates for Select Water Solutions in a research note issued on Tuesday, August 12th. Northland Capmk analyst B. Brooks now expects that the company will earn $0.07 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for Select Water Solutions' current full-year earnings is $0.91 per share. Northland Capmk also issued estimates for Select Water Solutions' Q2 2026 earnings at $0.10 EPS and Q4 2026 earnings at $0.16 EPS.

Select Water Solutions (NYSE:WTTR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). Select Water Solutions had a net margin of 2.26% and a return on equity of 3.69%. The company had revenue of $364.22 million for the quarter, compared to the consensus estimate of $362.93 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. Select Water Solutions's revenue was down .3% compared to the same quarter last year.

WTTR has been the subject of several other reports. Piper Sandler started coverage on Select Water Solutions in a report on Tuesday, July 15th. They issued an "overweight" rating and a $15.00 price objective for the company. Raymond James Financial reduced their price objective on Select Water Solutions from $19.00 to $16.00 and set a "strong-buy" rating for the company in a report on Friday, May 9th. Finally, Citigroup reduced their price objective on Select Water Solutions from $18.00 to $14.00 and set a "buy" rating for the company in a report on Tuesday, May 13th. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $14.88.

Select Water Solutions Stock Performance

NYSE WTTR traded up $0.32 during trading hours on Wednesday, hitting $8.23. The company's stock had a trading volume of 898,968 shares, compared to its average volume of 1,248,230. Select Water Solutions has a 12 month low of $7.20 and a 12 month high of $15.14. The company's 50 day simple moving average is $9.10 and its two-hundred day simple moving average is $9.57. The company has a market cap of $998.05 million, a P/E ratio of 26.55 and a beta of 1.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.01 and a quick ratio of 1.82.

Institutional Investors Weigh In On Select Water Solutions

A number of hedge funds have recently made changes to their positions in the stock. Caxton Associates LLP purchased a new stake in Select Water Solutions in the second quarter valued at about $143,000. Tower Research Capital LLC TRC increased its holdings in shares of Select Water Solutions by 190.5% in the second quarter. Tower Research Capital LLC TRC now owns 8,916 shares of the company's stock valued at $77,000 after purchasing an additional 5,847 shares during the period. Cannell Capital LLC acquired a new position in shares of Select Water Solutions in the second quarter valued at about $5,813,000. Orion Porfolio Solutions LLC acquired a new position in shares of Select Water Solutions in the second quarter valued at about $623,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Select Water Solutions in the second quarter valued at about $1,350,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Select Water Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Tuesday, August 5th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Tuesday, August 5th. Select Water Solutions's dividend payout ratio is 90.32%.

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.