SJW Gr (NASDAQ:SJW) Stock

SJW Gr

SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company predominantly operates in various Californian municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.

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Analyst upgrades SJW Group to Buy, citing improved financial and regulatory execution. Stock trading at 15% discount to peers with potential for growth.

SJW Group Has A &#39;Clear And Achievable Growth Story,&#39; Says Bullish Analyst

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Markets fell due to strong job report, higher rates expected. Fed caution on tariffs. 30-yr fixed mortgage at 7.24%. 4 stocks to benefit from high rates.

4 Stocks to Buy for &#34;Higher for Longer&#34; Interest Rates

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U.S. stocks traded higher, with the Nasdaq Composite gaining more than 100 points on Monday. Here are some big stocks recording gains in today’s session.

Western Digital, JinkoSolar, Lumentum Holdings And Other Big Stocks Moving Higher On Monday

SJW Group

SJW Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) improved its financial and regulatory execution, which provides "a clear and achievable growth story," according to BofA Securities.
The SJW Group Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e6f86a05f2b9b000114a9e2/ross-fowler">Analyst Ross Fowler</a> upgraded the rating for SJW Group from Neutral to Buy, while cutting the price target from $59 to $55.
The SJW Group Thesis: The stock is currently trading at a 15% discount to peers, representing the lowest multiple "of any pure-play U.S. water utility," Fowler said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"We think the company&#8217;s improved EPS consistency and constructive regulatory outcomes set up SJW to execute against its long-term 5%-7% EPS guidance range," he added.
Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>) announced it will proceed with a sale of Aquarion to the state of Connecticut, which "bodes well for SJW as it removes a near-term overhang and should allow for multiple expansion," the analyst stated.
"We think SJW ultimately would benefit for added scale and the team showed its discipline in the Aquarion process, but the risk of future M&amp;A may be higher for SJW than some of its peers," he further wrote.
SJW Price Action: Shares of SJW Group had risen by 2.63% to $51.55 at the time of publication on Monday.
Read More:<a href="https://www.benzinga.com/insights/options/25/01/43110717/this-is-what-whales-are-betting-on-bank-of-new-york-mellon"></a> • <a href="https://www.benzinga.com/trading-ideas/25/01/43064849/4-stocks-to-buy-for-higher-for-longer-interest-rates">4 Stocks to Buy for &#8220;Higher for Longer&#8221; Interest Rates</a>
Photo: Shutterstock

SJW Group Has A 'Clear And Achievable Growth Story,' Says Bullish Analyst

B of A Securities analyst Ross Fowler upgrades SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) from Neutral to Buy and lowers the price target from $59 to $55.

B of A Securities Upgrades SJW Gr to Buy, Lowers Price Target to $55

Markets tumbled this week as a number of factors came into focus, pointing toward rates that would remain higher for longer. A <a href="https://www.benzinga.com/markets/25/01/42933499/unexpectedly-strong-jobs-report-sends-shockwaves-through-wall-street-triggering-market-sell-off/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}">hot jobs report</a> sent stocks plummeting as the economy added 256,000 jobs vs 155,000 expected, dampening the prospects of multiple rate cuts in 2025.
The Federal Reserve had already begun tempering expectations for future reductions by highlighting the stickiness of last-mile inflation and the uncertainty of how tariffs will affect the economy. On Friday, the average 30-year fixed mortgage rate hit 7.24%, the highest reading in over a year and another signal that compounding factors continue to influence higher rates.
Here are the four stocks that will benefit from higher interest rates.
<a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42918778/december-jobs-report-a-wake-up-call-for-anyone-betting-on-rate-cuts-analyst-says/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}">Higher for longer</a> now appears to be the prevailing mantra, and how the economy responds to sustained 7% mortgage rates, aggressive tariffs, and a hot job market is anyone's guess. Higher rates aren't necessarily bad news for everyone. For savers or retirees on fixed incomes, higher rates mean better yields on low-risk assets like savings accounts and money market accounts.
But if you're looking for a house right now (or trying to originate mortgage loans), high prices and 7% mortgage rates are a deep hindrance.
Investors also face difficult choices in ‘higher for longer' environments. High rate environments can be a drag on stocks, especially in debt-heavy sectors. Tech stocks have managed to outperform despite high rates until now, but big winners like NVDA and MSFT have struggled of late.
If rates remain higher than expected, investors must adjust their expectations and not fight the new trend. Specific sectors like utilities and finance are often safe havens in high-rate environments, as are value stocks and dividend payers. Today, we'll look at four stocks that could boost your portfolio if rates stay higher for longer.
<h2 class="wp-block-heading">PNC Financial Services Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</h2>
Banks are often the first place to turn when rates are high for prolonged periods. While banks are forced to pay higher interest on deposits through FDIC-insured vehicles like savings accounts and CDs, they can also charge borrowers higher rates for mortgages, personal and business loans, credit instruments, and more. If mortgages and credit card interest rates stay elevated, PNC could be one of the beneficiaries.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="389" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-1024x389.png" alt="" class="wp-image-739758" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-1024x389.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-300x114.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-768x291.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
PNC Financial Services Group is one of the largest regional banks in the United States, with operations focused primarily on the northeast United States. Based out of Pittsburgh, PNC offers consumer and commercial banking services, along with wealth management, insurance, mortgages, and private equity.
One area where PNC stands out is small business; the firm is a top 5 regional bank for small business in terms of banking relationships and Small Business Administration (SBA) loan origination. PNC has also worked to reduce its exposure to commercial real estate loans, an area that has seen a <a href="https://fred.stlouisfed.org/series/DRCRELEXFACBS">recent uptick</a> in delinquencies.
PNC shares performed well in 2024, but a recent dip below the 50-day moving average has turned a previous support level into resistance. However, the RSI shows an oversold stock and deregulation tailwinds could reignite the upward trend. PNC is currently rated a consensus Buy based on <a href="https://www.benzinga.com/quote/PNC/analyst-ratings">25 analyst reports</a> with an average price target of $195, representing a 24% upside from current levels.
<h2 class="wp-block-heading">Talen Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NYSE">TLN</a>)</h2>
Utilities are usually anathema to active investors because they are boring, highly regulated, offer minimal returns, and are frequently affected by disasters like hurricanes and wildfires. However, over the last six months, utilities have actually outperformed the rest of the market (10% gain versus 3% for the S&amp;P 500), and independent power producers like Talen Energy have been among the sector's biggest winners.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="397" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-1024x397.png" alt="" class="wp-image-739759" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-1024x397.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-768x298.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN.png 1358w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Talen Energy is a Houston-based power company selling electricity services through multiple divisions, including both fossil fuels and renewable energy sources. The company operates nuclear, gas, and coal power plants in the northeastern United States and Montana.
After filing for bankruptcy in May 2022, the company emerged with a reduced debt load that enabled it to pursue battery storage projects and data centers for digital infrastructure expansion. TLN shares have outpaced the utility sector (and the overall market) over the last six months, and the stock's bullish trend is intact, with the price comfortably above the 50-day and 200-day moving averages.
[<a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_source=WebRD-0117&amp;el=ResearchDaily&amp;he={{email}}">EXPOSED: Billionaire Stock Moves Before They Hit the News</a>]
<h2 class="wp-block-heading">ONEOK Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>)</h2>
Moving to another energy producer, ONEOK Inc. is another company to watch in a high-rate environment. Unlike Talen Energy Corp, ONEOK focuses on a single resource: natural gas. The company has natural gas and natural gas liquids pipelines throughout the Midwestern United States, from Texas to North Dakota. In addition to providing energy services to a vast portion of the country, ONEOK has been raising revenue while paying a consistently high dividend yield.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-1024x395.png" alt="" class="wp-image-739760" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-768x297.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE.png 1362w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
OKE shares have a market cap of just under $60 billion, with a modest P/E ratio of 21.79 and a dividend yield of 3.9%. The company's profit growth was exceptional in 2024, with 39% to 41% expansions in gross profits from each of the first three quarters.
The stock is a consensus Buy based on 22 analyst reports, including a recent Buy reiteration from Scotiabank and a $109 price target. OKE shares pulled back in December, but the uptrend remains intact, and this pullback could represent a good buying opportunity.
<h2 class="wp-block-heading">SJW Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>)</h2>
Our final pick combines two themes from our categories: utility companies and high dividend payers. SJW Group is a water supplier located in San Jose that provides services to clients across California, as well as parts of Maine, Tennessee, and Connecticut. A utility with this much exposure to California water systems may seem risky at the present time, but SJW has an affordable valuation and sustainable dividend.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="397" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-1024x397.png" alt="" class="wp-image-739761" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-1024x397.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-768x297.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW.png 1361w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
SJW is a Dividend Champion, meaning it has raised its annual dividend payout amount every year for 25 consecutive years. The stock's current dividend yield is 3.52%, and its three-year annualized dividend growth clocks in at 5.9%, which surpasses the utility sector average of 3.2%. The dividend payout ratio is also below 60%, which shows the company isn&#8217;t overextending itself to pay its shareholders. Additionally, the stock has a P/E ratio of 16.7 and an RSI of 28, indicating that shares may be oversold and undervalued.
Discover exactly what stocks billionaires are quietly loading up on – weeks before these plays hit the mainstream media. Plus, <a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_source=WebRD-0117&amp;el=ResearchDaily&amp;he={{email}}">How to position yourself to ride the potential profit wave.</a>
Image via Shutterstock

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Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) with a Equal-Weight and lowers the price target from $61 to $53.

Wells Fargo Maintains Equal-Weight on SJW Gr, Lowers Price Target to $53

Offerings

SJW Filed Prospectus Related To The Offer And Sale From Time To Time Of Shares Of Common Stock Having An Aggregate Gross Sales Price Of Up To $200M

Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) with a Equal-Weight and lowers the price target from $63 to $61.

Wells Fargo Maintains Equal-Weight on SJW Gr, Lowers Price Target to $61

2024 Guidance
The following table includes a reconciliation of the company's 2024 diluted EPS guidance (GAAP) to adjusted diluted EPS guidance (non-GAAP):
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="6">2024 Earnings Guidance</td>
</tr>
<tr>
<td>Estimated Diluted EPS Guidance on a GAAP Basis</td>
<td>$</td>
<td>2.65</td>
<td>to</td>
<td>2.75</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Adjustments:</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Loss on sale of real estate investments, net of tax&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>0.02</td>
<td>0.02</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Expense for merger and acquisition activities&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>0.01</td>
<td>0.01</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Adjusted EPS Guidance (non-GAAP)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>$</td>
<td>2.68</td>
<td>to</td>
<td>2.78</td>
<td>&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
In addition, we reiterate our non-linear long-term diluted EPS growth of 5% to 7%, anchored off of 2022's diluted EPS of $2.43.

Guidance

SJW Group Reaffirms FY24 Adj. EPS Guidance Of $2.68-$2.78 Vs $2.75 Est.

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $1.17 by 0.85 percent. This is a 4.42 percent increase over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $225.06 million which beat the analyst consensus estimate of $213.50 million by 5.42 percent. This is a 9.87 percent increase over sales of $204.84 million the same period last year.

Earnings

Earnings Beats

SJW Gr Q3 Adj $1.18 Beats $1.17 Estimate, Sales $225.06M Beat $213.50M Estimate

B of A Securities analyst Ross Fowler initiates coverage on SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) with a Neutral rating and announces Price Target of $65.

Initiation

B of A Securities Initiates Coverage On SJW Gr with Neutral Rating, Announces Price Target of $65

Constructive agreement provides for $450 million in drinking water infrastructure investment over three-years.
San Jose Water (SJW), a wholly-owned subsidiary of SJW Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>), today announced that, together with the Public Advocates Office (PAO), it has reached a constructive settlement agreement in its 2025 to 2027 General Rate Case (GRC) that was filed with the California Public Utilities Commission (CPUC) on January 2, 2024. The settlement agreement, filed on August 19, 2024 with the CPUC for its approval, excludes two policy issues which will be litigated via briefs filed on August 1, 2024.

Legal

San Jose Water Has Reached A Constructive Settlement Agreement In Its 2025 To 2027 General Rate Case That Was Filed With The California Public Utilities Commission On January 2, 2024; Provides $450M In Drinking Water Infrastructure Investment Over 3-Years; Approves The Recovery Of $15.8M From Balancing And Memorandum Accounts

Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) with a Equal-Weight and raises the price target from $62 to $63.

Wells Fargo Maintains Equal-Weight on SJW Gr, Raises Price Target to $63

2024&nbsp;Guidance
The following table includes a reconciliation of the company&#39;s 2024 diluted EPS&nbsp;guidance&nbsp;(GAAP) to adjusted diluted EPS&nbsp;guidance&nbsp;(non-GAAP):
<table cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="6" rowspan="1">
2024 Earnings&nbsp;Guidance
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Estimated Diluted EPS&nbsp;Guidance&nbsp;on a GAAP Basis
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">
$
</td>
<td colspan="1" rowspan="1">
2.66
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
to
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
2.76
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjustments:
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="2" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Loss on sale of real estate investments, net of tax
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
0.02
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
0.02
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted EPS&nbsp;Guidance&nbsp;(non-GAAP)
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">
$
</td>
<td colspan="1" rowspan="1">
2.68
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
to
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
2.78
</td>
</tr>
</tbody>
</table>
In addition, we reiterate our non-linear long-term diluted EPS growth of&nbsp;5%&nbsp;to&nbsp;7%, anchored off 2022&#39;s diluted EPS of&nbsp;$2.43.

Reported Late Wednesday, SJW Group 2024 Guidance: Sees Adjusted EPS Of $2.68-$2.78 Vs. $2.75 Consensus

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.57 by 15.79 percent. This is a 13.79 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $176.17 million which beat the analyst consensus estimate of $165.00 million by 6.77 percent. This is a 12.29 percent increase over sales of $156.89 million the same period last year.

Reported Late Wednesday, SJW Gr Q2 EPS $0.66 Beats $0.57 Estimate, Sales $176.17M Beat $165.00M Estimate

San Jose Water Receives $15.3M In Customer Relief Funding From California's Water And Wastewater Arrearage Payment Program To Assist Customers Affected By COVID-19 Financial Hardships

2024&nbsp;Guidance&nbsp;Reaffirmed
The company&#39;s 2024 full-year&nbsp;guidance&nbsp;is reaffirmed and includes:
<ul>
<li>Net income per diluted common share of&nbsp;$2.68&nbsp;to&nbsp;$2.78; and,</li>
<li>Regulated infrastructure investments of approximately&nbsp;$332 million</li>
</ul>
In addition, we reiterate our non-linear long-term diluted EPS growth of&nbsp;5%&nbsp;to&nbsp;7%, anchored off 2022&#39;s diluted EPS of&nbsp;$2.43.
When considering the company&#39;s 2024&nbsp;guidance&nbsp;relative to actual results in 2023 of&nbsp;$2.68&nbsp;diluted EPS, it is important to note that the company&#39;s adjustment to income tax reserves in 2023 resulted in an increase of&nbsp;$0.14&nbsp;per diluted share.
Our&nbsp;guidance&nbsp;is subject to risks and uncertainties, including, without limitation, those factors outlined in the &quot;Forward Looking Statements&quot; of this release and the &quot;Risk Factors&quot; section of the company&#39;s annual and quarterly reports filed with the Securities and Exchange Commission.

SJW Group Reaffirmed 2024 Guidance: Sees EPS Of $2.68 To $2.78 Vs. $3.00 Consensus

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.39 by 7.69 percent. This is a 2.7 percent decrease over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $149.382 million which beat the analyst consensus estimate of $140.500 million by 6.32 percent. This is a 8.80 percent increase over sales of $137.296 million the same period last year.

Earnings Misses

SJW Gr Q1 2024 GAAP EPS $0.36 Misses $0.39 Estimate, Sales $149.382M Beat $140.500M Estimate

Management

Tanya Moniz-Witten Joins San Jose Water As President

Seaport Global analyst Angie Storozynski upgrades SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) from Neutral to Buy and announces $68 price target.

Seaport Global Upgrades SJW Gr to Buy, Announces $68 Price Target

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of $0.57 by 3.51 percent. The company reported quarterly sales of $171.34 million which beat the analyst consensus estimate of $161.00 million by 6.42 percent. This is a 0.02 percent decrease over sales of $171.37 million the same period last year.

SJW Gr Q4 2023 GAAP EPS $0.59 Beats $0.57 Estimate, Sales $171.34M Beat $161.00M Estimate

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Earnings Scheduled For February 21, 2024

Press Releases

Newsweek Names SJW Group One of America's Greenest Companies 2025

SJW Group Sets Date for Release of 2024 Third Quarter Financial Results

SJW Group Announces Third Quarter 2024 Financial Results

Ann P. Kelly Joins SJW Group as Chief Accounting Officer and Principal Accounting Officer

SJW Group Appoints Douwe Busschops as Chief Information Officer

General

SJW Group Announces CPUC Decision Approving San Jose Water's General Rate Case

SJW Group Announces Deferral of San Jose Water Company's Cost of Capital Filing to May 1, 2026

SJW Group Named One of America's Most Responsible Companies 2025 by Newsweek

Dividends

SJW Group Declares Dividend and Announces 2025 Dividend Increase

SJW Group to Report Fourth-Quarter and Full-Year 2024 Financial Results on February 26

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