SJW Group - SJW Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SJW Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.
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6 Wall Street analysts have issued 12-month price objectives for SJW Group's stock. Their SJW share price forecasts range from $65.00 to $85.00. On average, they predict the company's stock price to reach $76.00 in the next twelve months. This suggests that the stock has a possible downside of 1.4%.
View analysts price targets for SJW or view top-rated stocks among Wall Street analysts.

SJW Group's stock was trading at $81.19 at the beginning of the year. Since then, SJW shares have decreased by 5.0% and is now trading at $77.09.
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SJW Group saw a decline in short interest in January. As of January 15th, there was short interest totaling 1,290,000 shares, a decline of 16.8% from the December 31st total of 1,550,000 shares. Based on an average daily volume of 368,300 shares, the short-interest ratio is currently 3.5 days. Approximately 4.8% of the shares of the stock are short sold.
View SJW Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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SJW Group (NYSE:SJW) released its quarterly earnings data on Thursday, October, 28th. The utilities provider reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.07. The utilities provider had revenue of $166.92 million for the quarter, compared to analysts' expectations of $168.41 million. SJW Group had a net margin of 9.91% and a trailing twelve-month return on equity of 5.09%. During the same quarter in the previous year, the firm earned $0.92 earnings per share.

SJW Group announced a quarterly dividend on Thursday, January 26th. Stockholders of record on Monday, February 6th will be paid a dividend of $0.38 per share on Wednesday, March 1st. This represents a $1.52 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Friday, February 3rd. This is a positive change from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for SJW.

SJW Group (NYSE:SJW) pays an annual dividend of $1.44 per share and currently has a dividend yield of 1.86%. The company has been increasing its dividend for 55 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SJW will have a dividend payout ratio of 57.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SJW.

SJW Group updated its FY 2022 earnings guidance on Friday, November, 4th. The company provided earnings per share (EPS) guidance of $2.30-$2.40 for the period, compared to the consensus EPS estimate of $2.35. The company issued revenue guidance of -.

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.

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).

SJW Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJW."

SJW Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include PATRIZIA Pty Ltd (0.32%), Confluence Investment Management LLC (0.26%), Private Advisor Group LLC (0.13%), First National Corp MA ADV (0.12%), Comerica Bank (0.09%) and Allspring Global Investments Holdings LLC (0.09%). Insiders that own company stock include Andrew F Walters, Andrew Gere, Carl Guardino, Daniel B More, Douglas R King, James Patrick Lynch, Katharine Armstrong, Mary Ann Hanley and Wendy Avila-Walker.
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Shares of SJW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SJW stock can currently be purchased for approximately $77.09.

SJW Group (NYSE:SJW) has a market capitalization of $2.34 billion and generates $573.69 million in revenue each year. The utilities provider earns $60.48 million in net income (profit) each year or $1.92 on an earnings per share basis.

The company employs 751 workers across the globe.

SJW Group's mailing address is 110 WEST TAYLOR STREET, SAN JOSE CA, 95110. The official website for the company is www.sjwgroup.com. The utilities provider can be reached via phone at (408) 279-7800, via email at boardofdirectors@sjwater.com, or via fax at 408-279-7917.