NYSE:WTTR Select Water Solutions (WTTR) Stock Forecast, Price & News $7.26 -0.04 (-0.55%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$7.19▼$7.3150-Day Range$6.28▼$7.7952-Week Range$5.51▼$9.84Volume1.71 million shsAverage Volume846,112 shsMarket Capitalization$884.80 millionP/E Ratio13.45Dividend Yield2.75%Price Target$10.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Select Water Solutions MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.2% Upside$10.33 Price TargetShort InterestHealthy2.82% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-4.32Upright™ Environmental ScoreNews Sentiment1.36Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth42.39%From $0.92 to $1.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.74 out of 5 starsBusiness Services Sector31st out of 347 stocksOil & Gas Field Services, Not Elsewhere Classified Industry6th out of 19 stocks 3.5 Analyst's Opinion Consensus RatingSelect Water Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.33, Select Water Solutions has a forecasted upside of 42.2% from its current price of $7.27.Amount of Analyst CoverageSelect Water Solutions has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.82% of the outstanding shares of Select Water Solutions have been sold short.Short Interest Ratio / Days to CoverSelect Water Solutions has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Select Water Solutions has recently increased by 16.27%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSelect Water Solutions pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSelect Water Solutions does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Select Water Solutions is 37.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Select Water Solutions will have a dividend payout ratio of 15.27% next year. This indicates that Select Water Solutions will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSelect Water Solutions has received a -7.35% net impact score from Upright. The largest negative impact of Select Energy Services in category "GHG emissions" seems to be driven mostly by its "Industrial wastewater treatment services for fossil fuels", "Wastewater management equipment for fossil fuels", and "Drinking water treatment services for fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for Select Water Solutions is -4.32. Previous Next 2.4 News and Social Media Coverage News SentimentSelect Water Solutions has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Select Water Solutions this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for WTTR on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Select Water Solutions insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.40% of the stock of Select Water Solutions is held by insiders.Percentage Held by Institutions58.35% of the stock of Select Water Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Select Water Solutions are expected to grow by 42.39% in the coming year, from $0.92 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Select Water Solutions is 13.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Select Water Solutions is 13.45, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 310.35.Price to Book Value per Share RatioSelect Water Solutions has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Select Water Solutions (NYSE:WTTR) StockSelect Water Solutions, Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Services, Oilfield Chemicals, and Water Infrastructure. The Water Services segment consists of services businesses, including water transfer, flowback and well testing, fluids hauling, water containment and water network automation, primarily serving E&P companies. The Oilfield Chemicals segment develops, manufactures and provides a full suite of chemicals utilized in hydraulic fracturing, stimulation, cementing and well completions, including polymer slurries, crosslinkers, friction reducers, buffers, breakers, and other chemical technologies, to pressure pumping service companies. The Water Infrastructure segment provides water sourcing, recycling, gathering, transferring and disposal of water. The company was founded on November 21, 2016 and is headquartered in Houston, TX.Read More Receive WTTR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Select Water Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address WTTR Stock News HeadlinesMay 27, 2023 | finance.yahoo.comSelect Water Solutions, Inc. (NYSE:WTTR) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?May 23, 2023 | americanbankingnews.comSeaport Res Ptn Brokers Increase Earnings Estimates for Select Energy Services, Inc. (NYSE:WTTR)June 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 19, 2023 | americanbankingnews.comSelect Energy Services (NYSE:WTTR) Price Target Raised to $8.00 at CitigroupMay 9, 2023 | marketwatch.com8-K: Select Energy Services, Inc.May 8, 2023 | finance.yahoo.comSELECT ENERGY SERVICES COMPLETES NAME CHANGE TO SELECT WATER SOLUTIONSMay 2, 2023 | finance.yahoo.comSELECT ENERGY SERVICES ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS AND OPERATIONAL UPDATESMay 2, 2023 | msn.comRecap: Select Energy Services Q1 EarningsJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 2, 2023 | americanbankingnews.comSelect Energy Services, Inc. (WTTR) to Issue Quarterly Dividend of $0.05 on May 17thMay 1, 2023 | msn.comWednesday Is Your Last Chance To Buy Select Energy Services Before The Dividend PayoutApril 30, 2023 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Select Energy Services (NYSE:WTTR)April 30, 2023 | americanbankingnews.comSelect Energy Services, Inc. (NYSE:WTTR) Short Interest UpdateApril 27, 2023 | finance.yahoo.comSelect Energy (WTTR) Q1 Earnings Preview: Here's What to WatchApril 26, 2023 | finance.yahoo.comKinetik Holdings Inc. (KNTK) Earnings Expected to Grow: Should You Buy?April 25, 2023 | americanbankingnews.comSelect Energy Services (WTTR) Scheduled to Post Quarterly Earnings on TuesdayApril 19, 2023 | finance.yahoo.comSELECT ENERGY SERVICES ANNOUNCES 2023 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULEApril 12, 2023 | morningstar.comSelect Energy Services Inc Class AApril 12, 2023 | seekingalpha.comSelect Energy Services Looks Well Positioned For 2023April 5, 2023 | americanbankingnews.comSelect Energy Services (NYSE:WTTR) Shares Gap Up to $6.96April 4, 2023 | finance.yahoo.comSelect Energy Services, Inc. (NYSE:WTTR) Shares Could Be 49% Below Their Intrinsic Value EstimateApril 2, 2023 | finance.yahoo.com‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ StocksMarch 29, 2023 | americanbankingnews.comFY2023 EPS Estimates for Select Energy Services, Inc. Decreased by Seaport Res Ptn (NYSE:WTTR)March 28, 2023 | americanbankingnews.comSelect Energy Services, Inc. Forecasted to Post Q1 2023 Earnings of $0.16 Per Share (NYSE:WTTR)March 25, 2023 | msn.comRaymond James Initiates Coverage of Select Energy Services (WTTR) with Strong Buy RecommendationMarch 25, 2023 | americanbankingnews.comSelect Energy Services (NYSE:WTTR) Research Coverage Started at Raymond JamesMarch 22, 2023 | finance.yahoo.comSelect Energy Services (WTTR) Soars 13.0%: Is Further Upside Left in the Stock?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WTTR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Select Water Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address WTTR Company Calendar Last Earnings5/02/2023Ex-Dividend for 5/17 Dividend5/04/2023Dividend Payable5/17/2023Today6/01/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:WTTR Previous SymbolNASDAQ:WTTR CUSIPN/A CIK1693256 Webwww.selectenergyservices.com Phone(713) 235-9500FaxN/AEmployees4,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.33 High Stock Price Forecast$12.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+42.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.54 Trailing P/E Ratio13.45 Forward P/E Ratio7.90 P/E GrowthN/ANet Income$48.28 million Net Margins3.57% Pretax Margin4.15% Return on Equity6.57% Return on Assets4.66% Debt Debt-to-Equity Ratio0.09 Current Ratio2.44 Quick Ratio2.27 Sales & Book Value Annual Sales$1.39 billion Price / Sales0.64 Cash Flow$1.20 per share Price / Cash Flow6.07 Book Value$7.25 per share Price / Book1.00Miscellaneous Outstanding Shares121,790,000Free Float111,555,000Market Cap$884.80 million OptionableOptionable Beta1.97 Key ExecutivesJohn D. SchmitzChairman, President & Chief Executive OfficerMichael C. SkarkeChief Operating Officer & Executive Vice PresidentNicholas L. SwykaChief Financial Officer & Senior Vice PresidentSuzanne J. ColbertChief Technology Officer & Senior Vice PresidentBrian SzymanskiChief Accounting Officer & Vice PresidentKey CompetitorsAris Water SolutionsNASDAQ:ARISAccoladeNASDAQ:ACCDMatterportNASDAQ:MTTRCross Country HealthcareNASDAQ:CCRNInternational Money ExpressNASDAQ:IMXIView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 20,742 shares on 5/25/2023Ownership: 0.060%Royce & Associates LPBought 169,500 shares on 5/23/2023Ownership: 0.139%JPMorgan Chase & Co.Bought 580,458 shares on 5/18/2023Ownership: 0.866%New York State Common Retirement FundBought 6,248 shares on 5/18/2023Ownership: 0.084%SkyView Investment Advisors LLCBought 48,526 shares on 5/18/2023Ownership: 0.040%View All Insider TransactionsView All Institutional Transactions WTTR Stock - Frequently Asked Questions Should I buy or sell Select Water Solutions stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Select Water Solutions in the last twelve months. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WTTR shares. View WTTR analyst ratings or view top-rated stocks. What is Select Water Solutions' stock price forecast for 2023? 3 brokerages have issued 12 month target prices for Select Water Solutions' shares. Their WTTR share price forecasts range from $8.00 to $12.00. On average, they expect the company's share price to reach $10.33 in the next year. This suggests a possible upside of 42.2% from the stock's current price. View analysts price targets for WTTR or view top-rated stocks among Wall Street analysts. How have WTTR shares performed in 2023? Select Water Solutions' stock was trading at $9.24 at the beginning of 2023. Since then, WTTR stock has decreased by 21.4% and is now trading at $7.2650. View the best growth stocks for 2023 here. Are investors shorting Select Water Solutions? Select Water Solutions saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,950,000 shares, an increase of 16.1% from the April 15th total of 2,540,000 shares. Based on an average trading volume of 925,000 shares, the days-to-cover ratio is presently 3.2 days. View Select Water Solutions' Short Interest. When is Select Water Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our WTTR earnings forecast. How were Select Water Solutions' earnings last quarter? Select Water Solutions, Inc. (NYSE:WTTR) released its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $0.03. The business earned $416.59 million during the quarter, compared to the consensus estimate of $401.89 million. Select Water Solutions had a net margin of 3.57% and a trailing twelve-month return on equity of 6.57%. How often does Select Water Solutions pay dividends? What is the dividend yield for Select Water Solutions? Select Water Solutions declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Friday, May 5th will be paid a dividend of $0.05 per share on Wednesday, May 17th. This represents a $0.20 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Thursday, May 4th. Read our dividend analysis for WTTR. What ETFs hold Select Water Solutions' stock? ETFs with the largest weight of Select Water Solutions (NYSE:WTTR) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), VanEck Oil Services ETF (OIH), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco Raymond James SB-1 Equity ETF (RYJ), Invesco S&P Global Water Index ETF (CGW), Ecofin Global Water ESG Fund (EBLU) and Inspire Small/Mid Cap ETF (ISMD). Is Select Water Solutions a good dividend stock? Select Water Solutions (NYSE:WTTR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.66%. The dividend payout ratio is 37.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WTTR will have a dividend payout ratio of 15.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WTTR. What is John Schmitz's approval rating as Select Water Solutions' CEO? 56 employees have rated Select Water Solutions Chief Executive Officer John Schmitz on Glassdoor.com. John Schmitz has an approval rating of 76% among the company's employees. 62.0% of employees surveyed would recommend working at Select Water Solutions to a friend. What other stocks do shareholders of Select Water Solutions own? Based on aggregate information from My MarketBeat watchlists, some companies that other Select Water Solutions investors own include Verizon Communications (VZ), Energy Transfer (ET), Baidu (BIDU), General Electric (GE), Halliburton (HAL), New Residential Investment (NRZ), U.S. Silica (SLCA), AGNC Investment (AGNC), Alibaba Group (BABA) and Caterpillar (CAT). When did Select Water Solutions IPO? (WTTR) raised $175 million in an initial public offering on Friday, April 21st 2017. The company issued 10,600,000 shares at $15.00-$18.00 per share. Credit Suisse, FBR, Wells Fargo Securities, BofA Merrill Lynch, Citigroup and J.P. Morgan served as the underwriters for the IPO and Deutsche Bank Securities, RBC Capital Markets and Simmons & Company International (Energy Specialists of Piper Jaffray Tudor, Pickering, Holt were co-managers. What is Select Water Solutions' stock symbol? Select Water Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTTR." Who are Select Water Solutions' major shareholders? Select Water Solutions' stock is owned by a variety of retail and institutional investors. Top institutional investors include SCF Partners Inc. (9.40%), BlackRock Inc. (5.53%), Dimensional Fund Advisors LP (3.45%), Wellington Management Group LLP (3.15%), Van ECK Associates Corp (2.72%) and Cannell Capital LLC (2.50%). View institutional ownership trends. How do I buy shares of Select Water Solutions? Shares of WTTR 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. Compare Top Brokerages Here. What is Select Water Solutions' stock price today? One share of WTTR stock can currently be purchased for approximately $7.27. How much money does Select Water Solutions make? Select Water Solutions (NYSE:WTTR) has a market capitalization of $884.80 million and generates $1.39 billion in revenue each year. The company earns $48.28 million in net income (profit) each year or $0.54 on an earnings per share basis. How many employees does Select Water Solutions have? The company employs 4,000 workers across the globe. How can I contact Select Water Solutions? Select Water Solutions' mailing address is 1233 W LOOP SOUTH SUITE 1400, HOUSTON TX, 77027. The official website for the company is www.selectenergyservices.com. The company can be reached via phone at (713) 235-9500 or via email at ir@selectenergyservices.com. This page (NYSE:WTTR) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Select Water Solutions, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.