Free Trial

SJW Group (SJW) Stock Price, News & Analysis

$56.77
-1.41 (-2.42%)
(As of 11:35 AM ET)
Today's Range
$56.37
$58.10
50-Day Range
$51.97
$60.05
52-Week Range
$51.37
$77.13
Volume
31,594 shs
Average Volume
179,972 shs
Market Capitalization
$1.83 billion
P/E Ratio
21.34
Dividend Yield
2.82%
Price Target
$66.00

SJW Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
16.8% Upside
$66.00 Price Target
Short Interest
Healthy
1.77% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$77,868 Sold Last Quarter
Proj. Earnings Growth
8.36%
From $2.75 to $2.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.12 out of 5 stars

Utilities Sector

27th out of 88 stocks

Water Supply Industry

4th out of 11 stocks

SJW stock logo

About SJW Group Stock (NYSE:SJW)

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District. It also offers non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services, sewer operations, and other water related services to water utilities; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. In addition, the company provides water service to approximately 232,400 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos; adjacent unincorporated territories in the County of Santa Clara in the State of California; water service to approximately 141,000 service connections, which serve approximately 461,000 people in 81 municipalities with a service area of approximately 272 square miles in Connecticut and Maine and approximately 3,000 wastewater connections in Southbury, Connecticut; approximately 28,000 service connections that serve approximately 83,000 people in a service area comprising approximately 271 square miles in the region between San Antonio and Austin, Texas; and approximately 950 wastewater connections. Further, it owns undeveloped land in California and Tennessee; commercial and warehouse properties in Tennessee; and commercial properties and parcels of land in Connecticut. The company was formerly known as SJW Corp. and changed its name to SJW Group in November 2016. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.

SJW Stock Price History

SJW Stock News Headlines

Short Interest in SJW Group (NYSE:SJW) Drops By 15.7%
SJW Group (SJW) Q1 2024 Earnings Call Transcript
Plants Named After Famous People
See More Headlines
Receive SJW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SJW Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/1 Dividend
2/02/2024
Dividend Payable
3/01/2024
Last Earnings
4/25/2024
Ex-Dividend for 6/3 Dividend
5/03/2024
Today
5/23/2024
Dividend Payable
6/03/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
Water Utilities
CUSIP
78430510
Employees
808
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$66.00
High Stock Price Target
$76.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+13.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$84.99 million
Pretax Margin
13.52%

Debt

Sales & Book Value

Annual Sales
$670.36 million
Cash Flow
$5.92 per share
Book Value
$38.48 per share

Miscellaneous

Free Float
32,041,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
0.58
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Eric W. Thornburg (Age 64)
    Chairman, President & CEO
    Comp: $1.44M
  • Mr. Andrew F. Walters (Age 53)
    CFO & Treasurer
    Comp: $656.87k
  • Mr. Bruce A. Hauk (Age 53)
    Chief Operating Officer
    Comp: $459.94k
  • Ms. Kristen A. Johnson (Age 58)
    Senior VP & Chief Administrative Officer
    Comp: $542.2k
  • Mr. Mohammed G. Zerhouni (Age 48)
    Senior VP of Finance, Principal Accounting Officer, Assistant Treasurer & Controller
  • Mr. Willie D. Brown Jr. (Age 56)
    VP & General Counsel
  • Liann Walborsky
    Director of Corporate Communications
  • Ms. Stephanie Orosco
    Chief Human Resources Officer
  • Mr. Craig J. Patla (Age 57)
    President of CT Water
  • Ms. Aundrea Williams
    President of The Texas Water Company

SJW Stock Analysis - Frequently Asked Questions

Should I buy or sell SJW Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SJW Group in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SJW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJW, but not buy additional shares or sell existing shares.
View SJW analyst ratings
or view top-rated stocks.

What is SJW Group's stock price target for 2024?

4 analysts have issued twelve-month target prices for SJW Group's shares. Their SJW share price targets range from $60.00 to $76.00. On average, they predict the company's stock price to reach $66.00 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts price targets for SJW
or view top-rated stocks among Wall Street analysts.

How have SJW shares performed in 2024?

SJW Group's stock was trading at $65.35 at the beginning of 2024. Since then, SJW shares have decreased by 13.5% and is now trading at $56.51.
View the best growth stocks for 2024 here
.

Are investors shorting SJW Group?

SJW Group saw a drop in short interest in April. As of April 30th, there was short interest totaling 570,600 shares, a drop of 15.7% from the April 15th total of 676,600 shares. Based on an average trading volume of 193,200 shares, the days-to-cover ratio is presently 3.0 days.
View SJW Group's Short Interest
.

When is SJW Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our SJW earnings forecast
.

How were SJW Group's earnings last quarter?

SJW Group (NYSE:SJW) announced its quarterly earnings results on Thursday, April, 25th. The utilities provider reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The utilities provider earned $149.38 million during the quarter, compared to analyst estimates of $140.60 million. SJW Group had a trailing twelve-month return on equity of 6.98% and a net margin of 12.48%.

How often does SJW Group pay dividends? What is the dividend yield for SJW Group?

SJW Group declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Monday, May 6th will be given a dividend of $0.40 per share on Monday, June 3rd. This represents a $1.60 annualized dividend and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, May 3rd.
Read our dividend analysis for SJW
.

Is SJW Group a good dividend stock?

SJW Group (NYSE:SJW) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.69%. The company has been increasing its dividend for 57 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SJW will have a dividend payout ratio of 53.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SJW.

What guidance has SJW Group issued on next quarter's earnings?

SJW Group updated its FY24 earnings guidance on Friday, April, 26th. The company provided EPS guidance of $2.68-2.78 for the period, compared to the consensus estimate of $2.76.

What is Rich Roth's approval rating as SJW Group's CEO?

5 employees have rated SJW Group Chief Executive Officer Rich Roth on Glassdoor.com. Rich Roth has an approval rating of 60% among the company's employees. This puts Rich Roth in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SJW Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SJW Group investors own include California Water Service Group (CWT), Johnson & Johnson (JNJ), Williams Companies (WMB), McDonald's (MCD), Altria Group (MO), Pfizer (PFE), Aflac (AFL), Colgate-Palmolive (CL), Medtronic (MDT) and PepsiCo (PEP).

Who are SJW Group's major shareholders?

SJW Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.66%), Nuance Investments LLC (4.13%), Principal Financial Group Inc. (0.51%), Gabelli Funds LLC (0.45%), ProShare Advisors LLC (0.44%) and Assenagon Asset Management S.A. (0.40%). Insiders that own company stock include Andrew Gere, Carl Guardino, Craig J Patla, James Patrick Lynch and Katharine Armstrong.
View institutional ownership trends
.

How do I buy shares of SJW Group?

Shares of SJW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does SJW Group have any subsidiaries?
The following companies are subsidiares of SJW Group: Connecticut Water Service.
Read More
This page (NYSE:SJW) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners