American States Water Company (NYSE:AWR) is set to release its earnings data after the market closes on Monday, November 6th. Analysts expect American States Water to post earnings of $0.59 per share for the quarter.

American States Water (NYSE:AWR) last released its earnings results on Wednesday, August 2nd. The utilities provider reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. The business had revenue of $113.20 million during the quarter, compared to the consensus estimate of $119.23 million. American States Water had a net margin of 15.44% and a return on equity of 13.70%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.45 earnings per share. On average, analysts expect American States Water to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

American States Water Company (NYSE AWR) opened at $53.80 on Friday. The stock has a market cap of $1,971.50, a price-to-earnings ratio of 29.08, a price-to-earnings-growth ratio of 6.30 and a beta of 0.46. The company has a current ratio of 1.06, a quick ratio of 1.03 and a debt-to-equity ratio of 0.63.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Tuesday, November 14th. American States Water’s dividend payout ratio (DPR) is currently 55.14%.

A number of research firms recently weighed in on AWR. BidaskClub raised shares of American States Water from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. US Capital Advisors reaffirmed a “hold” rating on shares of American States Water in a research report on Monday, July 17th. Zacks Investment Research raised shares of American States Water from a “hold” rating to a “strong-buy” rating and set a $64.00 target price for the company in a research report on Monday, October 23rd. Finally, Wells Fargo & Company raised their target price on shares of American States Water from $46.00 to $48.00 and gave the company a “market perform” rating in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $51.00.

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In other news, insider Denise L. Kruger sold 1,250 shares of American States Water stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $53.88, for a total value of $67,350.00. Following the completion of the transaction, the insider now owns 8,216 shares of the company’s stock, valued at approximately $442,678.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert J. Sprowls sold 5,614 shares of American States Water stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $51.00, for a total transaction of $286,314.00. Following the completion of the transaction, the chief executive officer now directly owns 111,346 shares of the company’s stock, valued at approximately $5,678,646. The disclosure for this sale can be found here. In the last three months, insiders sold 32,605 shares of company stock valued at $1,577,629. Insiders own 1.49% of the company’s stock.

American States Water Company Profile

American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc (ASUS), as well as ASUS’ subsidiaries, such as Fort Bliss Water Services Company (FBWS), Terrapin Utility Services, Inc (TUS), Old Dominion Utility Services, Inc (ODUS), Palmetto State Utility Services, Inc (PSUS) and Old North Utility Services, Inc (ONUS).

Earnings History for American States Water (NYSE:AWR)

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