FY2025 EPS Estimates for SJW Group Cut by Seaport Res Ptn

SJW Group (NYSE:SJW) – Seaport Res Ptn reduced their FY2025 earnings per share (EPS) estimates for shares of SJW Group in a research note issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings of $2.95 per share for the year, down from their previous estimate of $3.08. The consensus estimate for SJW Group’s current full-year earnings is $2.75 per share. Seaport Res Ptn also issued estimates for SJW Group’s FY2026 earnings at $3.10 EPS, FY2027 earnings at $3.25 EPS and FY2028 earnings at $3.56 EPS.

Several other equities analysts have also issued reports on SJW. StockNews.com lowered shares of SJW Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Wells Fargo & Company reduced their price objective on SJW Group from $61.00 to $53.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Bank of America started coverage on shares of SJW Group in a research report on Friday, September 20th. They issued a “neutral” rating and a $65.00 target price for the company.

SJW Group Trading Down 1.2 %

Shares of NYSE SJW opened at $46.27 on Wednesday. The company’s 50 day simple moving average is $52.71 and its 200 day simple moving average is $56.16. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.77 and a quick ratio of 0.77. SJW Group has a fifty-two week low of $45.96 and a fifty-two week high of $65.15. The firm has a market capitalization of $1.51 billion, a P/E ratio of 16.76, a P/E/G ratio of 3.26 and a beta of 0.65.

Hedge Funds Weigh In On SJW Group

A number of institutional investors have recently bought and sold shares of the business. Chris Bulman Inc bought a new position in shares of SJW Group during the 2nd quarter worth approximately $30,000. Point72 DIFC Ltd boosted its position in SJW Group by 81.4% during the third quarter. Point72 DIFC Ltd now owns 704 shares of the utilities provider’s stock worth $41,000 after purchasing an additional 316 shares during the period. nVerses Capital LLC bought a new position in SJW Group during the third quarter worth $46,000. Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of SJW Group by 576.5% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 893 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 761 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of SJW Group by 53.8% in the third quarter. US Bancorp DE now owns 1,255 shares of the utilities provider’s stock valued at $73,000 after purchasing an additional 439 shares during the period. Institutional investors and hedge funds own 84.29% of the company’s stock.

SJW Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 4th were paid a $0.40 dividend. The ex-dividend date was Monday, November 4th. This represents a $1.60 annualized dividend and a yield of 3.46%. SJW Group’s dividend payout ratio (DPR) is currently 57.97%.

About SJW Group

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.