SJW Group (NYSE:SJW – Get Free Report) issued an update on its FY24 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.68-2.78 for the period, compared to the consensus estimate of $2.75. SJW Group also updated its FY 2024 guidance to 2.680-2.780 EPS.
SJW Group Stock Down 2.8 %
Shares of NYSE SJW opened at $56.17 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.22. SJW Group has a 12 month low of $51.17 and a 12 month high of $70.43. The firm has a market capitalization of $1.84 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 3.42 and a beta of 0.62. The firm has a fifty day simple moving average of $58.43 and a two-hundred day simple moving average of $56.92.
SJW Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 4th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.85%. The ex-dividend date is Monday, November 4th. SJW Group’s dividend payout ratio (DPR) is 58.82%.
Wall Street Analyst Weigh In
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.
Featured Stories
- Five stocks we like better than SJW Group
- What Are Dividend Contenders? Investing in Dividend Contenders
- 2 Small Modular Reactor Stocks Racing to Power AI Data Centers
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Oklo Stock: Nuclear Powerhouse or Radioactive Hype?
- How to Invest in Biotech Stocks
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
Receive News & Ratings for SJW Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SJW Group and related companies with MarketBeat.com's FREE daily email newsletter.