SJW Group (NYSE:SJW – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.900-3.000 for the period, compared to the consensus EPS estimate of 2.950. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several brokerages recently weighed in on SJW. Wells Fargo & Company cut their price objective on shares of SJW Group from $61.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Bank of America upgraded shares of SJW Group from a “neutral” rating to a “buy” rating and dropped their price target for the company from $59.00 to $55.00 in a research note on Monday, February 3rd.
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SJW Group Stock Performance
SJW Group Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 10th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend is Monday, February 10th. This is a positive change from SJW Group’s previous quarterly dividend of $0.40. SJW Group’s dividend payout ratio is currently 60.87%.
SJW Group Company Profile
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.
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