Research Analysts Issue Forecasts for ARIS FY2024 Earnings

Aris Water Solutions, Inc. (NYSE:ARIS) – Stock analysts at Seaport Res Ptn raised their FY2024 earnings per share (EPS) estimates for Aris Water Solutions in a research note issued on Wednesday, November 6th. Seaport Res Ptn analyst J. Campbell now expects that the company will earn $0.84 per share for the year, up from their prior forecast of $0.81. The consensus estimate for Aris Water Solutions’ current full-year earnings is $0.88 per share. Seaport Res Ptn also issued estimates for Aris Water Solutions’ Q4 2025 earnings at $0.29 EPS.

Aris Water Solutions (NYSE:ARIS) last issued its earnings results on Tuesday, August 6th. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. The company had revenue of $101.12 million for the quarter, compared to the consensus estimate of $97.86 million. Aris Water Solutions had a net margin of 6.29% and a return on equity of 3.78%.

Several other research firms have also weighed in on ARIS. The Goldman Sachs Group raised their price objective on shares of Aris Water Solutions from $18.50 to $21.00 and gave the stock a “buy” rating in a report on Wednesday. Evercore ISI raised their price target on Aris Water Solutions from $20.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday. US Capital Advisors raised Aris Water Solutions from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. lowered Aris Water Solutions from an “overweight” rating to a “neutral” rating and raised their target price for the company from $19.00 to $22.00 in a research note on Wednesday. Finally, Stifel Nicolaus upped their price target on shares of Aris Water Solutions from $20.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Aris Water Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $18.50.

Aris Water Solutions Trading Up 0.2 %

Shares of ARIS stock opened at $22.22 on Friday. The company has a market capitalization of $1.29 billion, a P/E ratio of 27.78 and a beta of 1.62. Aris Water Solutions has a 12-month low of $7.22 and a 12-month high of $22.36. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $16.77 and a 200 day moving average price of $15.98.

Institutional Investors Weigh In On Aris Water Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARIS. Inspire Investing LLC acquired a new stake in shares of Aris Water Solutions in the 1st quarter valued at about $359,000. Clearbridge Investments LLC grew its position in shares of Aris Water Solutions by 7.2% in the first quarter. Clearbridge Investments LLC now owns 582,127 shares of the company’s stock valued at $8,237,000 after purchasing an additional 39,145 shares during the last quarter. Quadrature Capital Ltd bought a new position in Aris Water Solutions during the 1st quarter worth $166,000. Lazard Asset Management LLC bought a new position in shares of Aris Water Solutions during the first quarter worth approximately $222,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Aris Water Solutions by 9.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 22,107 shares of the company’s stock valued at $313,000 after acquiring an additional 1,902 shares during the period. Institutional investors own 39.71% of the company’s stock.

Insider Activity

In related news, COO Brunt David Dylan Van sold 14,813 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $14.84, for a total transaction of $219,824.92. Following the completion of the sale, the chief operating officer now directly owns 94,690 shares of the company’s stock, valued at $1,405,199.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 22.46% of the company’s stock.

Aris Water Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.42 dividend on an annualized basis and a yield of 1.89%. Aris Water Solutions’s payout ratio is presently 52.50%.

Aris Water Solutions Company Profile

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.